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文章基本信息

  • 标题:Impact of Insurance Market on Economic Growth in Post-Transition Countries
  • 作者:Jaba Phutkaradze
  • 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
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