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  • 标题:AN EMPIRICAL STUDY OF EFFICIENCY IN CROATIA AND SLOVENIA INSURANCE MARKETS
  • 本地全文:下载
  • 作者:Medved, Darko ; Kavčič, Slavka
  • 期刊名称:Economic Research
  • 印刷版ISSN:1331-677X
  • 出版年度:2012
  • 卷号:25
  • 期号:1
  • 页码:105-120
  • 出版社:Juraj Dobrila University of Pula, Department of Economics and Tourism 'Dr. Mijo Mirkovic'
  • 摘要:In this paper we analyze insurance efficiency in Slovenia and Croatia between 2006 and 2010 using a Data Envelopment Analysis. We perform both intra- and inter- country efficiency surveys. The intra country survey indicates that on average companies in Croatia operate more efficiently than companies in Slovenia. A positive trend of scale efficiency improvement due to mergers and acquisitions which took place in recent years in Croatia is also detected. Nevertheless, the inter-industry analysis indicates that the Slovenian insurance industry dominates Croatian cost and technical efficiency, which shows a low efficiency position of the insurance market in Croatia. Analysis also shows that inefficiency in Croatia is more affected by inefficient internal company operation than in Slovenia.
  • 关键词:Data Envelopment Analysis; Cost Efficiency; Technical Efficiency; Scale Efficiency; Croatia; Slovenia
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