Aligning common prosperity with sustainable development goals 3 and 7 through sustainable insurance
學年 113
學期 1
出版（發表）日期 2024-11-05
作品名稱 Aligning common prosperity with sustainable development goals 3 and 7 through sustainable insurance
作品名稱（其他語言）
著者 Wei Zhou; Xuelian Li; Jyh-Horng Lin; Chuen-Ping Chang; Yujie Cai
單位
出版者
著錄名稱、卷期、頁數 Energy Economics 140, 108033.
摘要 This paper develops a capped-call option model to evaluate sustainable insurance for achieving common prosperity. It integrates policyholder protection (Sustainable Development Goal 3 (SDG 3)) and the cap-and-trade mechanism (SDG 7) in modeling the Gini coefficient, thereby connecting SDGs 3 and 7 with common prosperity. The main findings are as follows. Life insurance policies that prioritize saving features enhance policyholder protection (SDG 3) but can detract from common prosperity. This impact is magnified when the regulatory cap within the cap-and-trade scheme for carbon-intensive manufacturers becomes stricter. High investment risks for carbon-intensive manufacturers reduce policyholder protection but support common prosperity. A stricter cap-and-trade scheme (SDG 7) also reduces policyholder protection and contradicts common prosperity. This paper avoids concluding any inherent inconsistency between the SDGs and common prosperity, as our analysis is based on the structure-conduct-performance paradigm rather than a macro perspective. Policymakers should carefully balance objectives between SDG 3 and common prosperity to ensure that policies promoting individual security do not compromise broader societal well-being and economic equality, as outlined by the SDGs.
關鍵字 Cap-and-trade; Common prosperity; Gini coefficient; Sustainable development goals; Sustainable insurance
語言 en
ISSN
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者 Lin Jyh-Horng
審稿制度 是
國別 NLD
公開徵稿
出版型式 ,電子版
相關連結

機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/126474 )

SDGS 消除貧窮,良好健康和福祉,可負擔的潔淨能源,永續城市與社區