ManuScript Details
|
Paper Id:
|
IJARW2786
|
|
Title:
|
THE EFFECTS OF STOCK MARKET DEVELOPMENT ON THE DEVELOPMENT OF INVESTMENT – LINKED INSURANCE PRODUCTS IN VIETNAM
|
| Published in: |
International Journal Of All Research Writings |
| Publisher: |
IJARW |
| ISSN: |
2582-1008 |
| Volume / Issue: |
Volume 7 Issue 3 |
| Pages: |
9
|
| Published On: |
9/11/2025 9:05:25 PM (MM/dd/yyyy) |
Main Author Details
|
Name:
|
Nguyen Hong Nhung |
| Institute: |
Academy of Finance, Ha Noi, Viet Nam |
Co - Author Details
| Author Name |
Author Institute |
Abstract
|
Research Area:
|
Economics |
| KeyWord: |
Investment-linked insurance products (ILPs), Stock market development, Market capitalization, Life insurance, ARDL model. |
| Abstract: |
Investment-linked insurance products (ILPs) have developed in tandem with the expansion of stock markets worldwide and have become a core offering in the life insurance sector. This study investigates the impact of stock market development on the growth of ILPs in Vietnam, using the ratio of stock market capitalization to GDP as a proxy for stock market development. Employing the Auto-regressive Distributed Lag (ARDL) approach, the analysis is based on annual time-series data spanning the period 2008–2024.
The empirical results indicate a statistically significant and positive effect of stock market development on the expansion of ILPs in Vietnam. This finding highlight the pivotal role of financial market development in shaping the life insurance landscape.
The study contributes to the literature by providing empirical evidence on the interaction between stock market growth and ILPs in an emerging market context. Policy implications are drawn to promote ILP development in close alignment with the progress of Vietnam’s capital market, emphasizing the need for regulatory support, investor education, and diversified fund management strategies.
|
Citations
Copy and paste a formatted citation or use one of the links to import into a bibliography manager and reference.
|
IEEE
|
Nguyen Hong Nhung, "THE EFFECTS OF STOCK MARKET DEVELOPMENT ON THE DEVELOPMENT OF INVESTMENT – LINKED INSURANCE PRODUCTS IN VIETNAM", International Journal Of All Research Writings,
vol. 7, no. 3, pp. 9-17, 2025.
|
|
MLA
|
Nguyen Hong Nhung "THE EFFECTS OF STOCK MARKET DEVELOPMENT ON THE DEVELOPMENT OF INVESTMENT – LINKED INSURANCE PRODUCTS IN VIETNAM." International Journal Of All Research Writings,
vol 7, no. 3, 2025, pp. 9-17.
|
|
APA
|
Nguyen Hong Nhung (2025). THE EFFECTS OF STOCK MARKET DEVELOPMENT ON THE DEVELOPMENT OF INVESTMENT – LINKED INSURANCE PRODUCTS IN VIETNAM. International Journal Of All Research Writings,
7(3), 9-17.
|
THE EFFECTS OF STOCK MARKET DEVELOPMENT ON THE DEVELOPMENT OF INVESTMENT – LINKED INSURANCE PRODUCTS IN VIETNAM
Number Of Downloads - 2
Last downloaded on 12/09/2025
THE EFFECTS OF STOCK MARKET DEVELOPMENT ON THE DEVELOPMENT OF INVESTMENT – LINKED INSURANCE PRODUCTS IN VIETNAM
Search On Google
