Artikel
Does insurance promote economic growth: A comparative study of developed and emerging/developing economies
This paper examines the relationship between insurance and economic growth in 20 countries for the period 2006-2015. Insurance activity is measured through three distinctive proxies such as net written premiums, penetration and density. The Hausman statistics confirmed that fixed effect model is appropriate for this data-set. This study found a positive and a significant relationship between life insurance, measured through net written premiums and density, and economic growth for developed countries while the same is true for developing countries when insurance is measured through penetration proxy. The results also reveal that non-life insurance has statistically significant, for all three proxies, relationship with economic growth for developing countries whereas, in case of developed countries, the results are only significant when insurance density is used as a proxy for insurance. Moreover, the role of non-life insurance is more significant for developing countries as compared to developed countries.
- Sprache
-
Englisch
- Erschienen in
-
Journal: Cogent Economics & Finance ; ISSN: 2332-2039 ; Volume: 5 ; Year: 2017 ; Issue: 1 ; Pages: 1-12 ; Abingdon: Taylor & Francis
- Klassifikation
-
Wirtschaft
- Thema
-
insurance
life insurance
non-life insurance
economic growth
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Sajid Mohy ul din
Abu-Bakar, Arpah
Regupathi, Angappan
- Ereignis
-
Veröffentlichung
- (wer)
-
Taylor & Francis
- (wo)
-
Abingdon
- (wann)
-
2017
- DOI
-
doi:10.1080/23322039.2017.1390029
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Sajid Mohy ul din
- Abu-Bakar, Arpah
- Regupathi, Angappan
- Taylor & Francis
Entstanden
- 2017
Ähnliche Objekte (12)
Gender gaps in developed economies
Inflation in developing economies
Financial policies and the aggregate productivity of the capital stock: evidence from developed and developing economies
Does the designation of least developed country status promote exports?
Do deposit insurance systems promote banking stability?
What Drives Oil Prices? Emerging Versus Developed Economies
Intergenerational Mobility in Developed and Developing Countries
Structural Transformation in Developed and Developing Countries
Do behavioural biases impact corporate entrepreneurship, agency cost and firm performance: Evidence from developed and developing economies?
Corporate balance sheets in developed economies: Implications for investment
R&D and manufacturing production specialisation in developed economies
Income inequality and private bank credit in developed economies
Gender gaps in developed economies
Inflation in developing economies
Financial policies and the aggregate productivity of the capital stock: evidence from developed and developing economies
Does the designation of least developed country status promote exports?
Do deposit insurance systems promote banking stability?
What Drives Oil Prices? Emerging Versus Developed Economies
Intergenerational Mobility in Developed and Developing Countries
Structural Transformation in Developed and Developing Countries
Do behavioural biases impact corporate entrepreneurship, agency cost and firm performance: Evidence from developed and developing economies?
Corporate balance sheets in developed economies: Implications for investment
R&D and manufacturing production specialisation in developed economies
Income inequality and private bank credit in developed economies
Gender gaps in developed economies
Inflation in developing economies
Financial policies and the aggregate productivity of the capital stock: evidence from developed and developing economies
Does the designation of least developed country status promote exports?
Do deposit insurance systems promote banking stability?
What Drives Oil Prices? Emerging Versus Developed Economies
Intergenerational Mobility in Developed and Developing Countries
Structural Transformation in Developed and Developing Countries
Do behavioural biases impact corporate entrepreneurship, agency cost and firm performance: Evidence from developed and developing economies?
Corporate balance sheets in developed economies: Implications for investment
R&D and manufacturing production specialisation in developed economies