期刊名称:International Journal of Management and Economics
电子版ISSN:2299-9701
出版年度:2014
卷号:44
期号:1
页码:92-105
DOI:10.1515/ijme-2015-0011
语种:English
出版社:Walter de Gruyter GmbH
摘要:The purpose of this work is to identify whether the development of an insurance market is linked to economic growth in former transition countries. A multiple regression analysis is employed to estimate the insurance-growth relationship, using a cross-country panel dataset analysis tracking annual total insurance penetration in 10 countries over the 2000-2012 period, and applying a fixed effect model to test the hypothesis that this linkage is demonstrably positive. The results show a negative and statistically non-significant correlation between insurance and GDP growth, suggesting a lack of evidence that insurance promotes economic growth in post-transition economies.
关键词:insurance sector ; GDP ; total insurance penetration ; economic growth ; post-transition countries