The main focus of this investigation is potential Granger causal relationships between the insurance market, Information and Communications Technology (ICT) infrastructure, and economic growth in a sample of high- and middle-income countries (H&MICs) from 1980 to 2019. We deployed a panel vector autoregressive model, and found that in the long run, the insurance market and ICT infrastructure Granger-cause economic growth. In the short run, we found robust causal links, but they vary in nature. The findings suggest that H&MICs should base ICT infrastructure planning on strategies that endorse economic growth and policies that may also promote insurance market development.

Graphical Abstract

中文翻译：

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信息驱动经济中的保险市场和经济增长：来自高收入和中等收入国家小组的证据？

本次调查的主要重点是 1980 年至 2019 年中高收入和中等收入国家 (H&MIC) 样本中保险市场、信息和通信技术 (ICT) 基础设施以及经济增长之间潜在的格兰杰因果关系。我们部署了一个面板向量自回归模型，发现从长期来看，保险市场和ICT基础设施Granger-cause经济增长。在短期内，我们发现了强大的因果关系，但它们在性质上有所不同。调查结果表明，H&MIC 应将 ICT 基础设施规划建立在支持经济增长的战略和也可能促进保险市场发展的政策之上。

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