Abstract: Based on the insurance multifunction theory, this paper analyzes the effect of insurance functions on the economic growth theoretically and carries out an empirical study by using related data of Chinese economy and insurance from 1982 to 2011. The econometric results show that insurance development has a positive effect on economic growth, the compensation function appears first, but it has less contribution and duration than the financing function which has continual significant pushing to economic growth. Referring to these conclusions, we can determine the direction of Chinese insurance development and policy of insurance company management.

摘要： 基于保险的多元职能论，利用1982-2011年的中国经济保险数据，对多个保险职能对经济增长的作用机制进行了实证检验。实证研究结果表明，保险通过发挥其多种职能对经济增长有正面积极影响，其中保险经济补偿职能发挥的作用最先显现，但在贡献程度和持续效应上不如保险资金融通职能，后者对经济增长有明显推动作用，且持续稳定增强。这些结论对于保险业发展方向的确定和保险公司经营管理政策的制定有一定指导意义。