›› 2015, Vol. 27 ›› Issue (9): 201-212.

Previous Articles     Next Articles

Study on Modern Logistics Industry Promoting Effect of China's Cargo Insurance

Mi Junyi1, Kuang Haibo1, Yu Fangping1, Zhang Xueli2   

  1. 1. School of Transportation Management, Dalian Maritime University, Dalian 116026;
    2. Faculty of Management and Economics, Dalian University of Technology, Dalian 116024
  • Received:2014-11-05 Online:2015-09-30 Published:2015-09-29

Abstract:

With the rapid development of China's logistics industry, the modern logistics industry promoting effect and ways of cargo insurance become a hot topic in China's logistics industry and academia. From the perspective of cargo insurance, we first propose a theoretical framework for the modern logistics industry promoting ways of cargo insurance by bringing into play four basic functions, including risk transfer and management, financial compensation, operating costs reduction and social management. Secondly, the modern logistics industry promoting effect of cargo insurance causal indicator index is set up, and the modern logistics industry promoting effect of cargo insurance analytical model is built up by using structural equation model at the same time. Thirdly, using China's data 1997-2013, the empirical results show that: cargo insurance does play a significant role in promoting the modern logistics industry (the load factor reached 0.888). Finally, we put forward the corresponding countermeasures for China's cargo insurance to boost the modern logistics industry.

Key words: cargo insurance, modern logistics industry, structural equation model, promoting effect