Artikel

Socio-economic and macro-financial determinants and spatial effects on European private health insurance markets

There is a great variation in the development of private health insurance (PHI) between European countries. Using data provided by Insurance Europe, World Bank and Standard and Poor's for 30 European countries, our research investigates the main factors influencing the size of these markets. In addition to some classical economic and social factors, the role of the size of national macrofinancial aggregates is also highlighted. In order to relax the constraints due to the multicollinearity phenomenon, we use as explanatory variables aggregated indicators, both calculated by financial institutions and by us, based on component items, used as proxy variables for different components of the financial system at national level. Using cross-section regressions with White corrections for heteroskedasticity and elements of spatial econometrics, we also analyze the possible phenomena of clustering and behavioural contagion between the countries in the sample.

Sprache
Englisch

Erschienen in
Journal: Amfiteatru Economic Journal ; ISSN: 2247-9104 ; Volume: 23 ; Year: 2021 ; Issue: 56 ; Pages: 290-307

Klassifikation
Wirtschaft
Insurance; Insurance Companies; Actuarial Studies
Single Equation Models; Single Variables: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions
Thema
private health insurance
White OLS
spatial econometrics
spatial contagion
clusterization

Ereignis
Geistige Schöpfung
(wer)
Mureșan, Gabriela Mihaela
Dragoş, Cristian Mihai
Mare, Codruța
Dragoș, Simona Laura
Pintea, Alexandra
Ereignis
Veröffentlichung
(wer)
The Bucharest University of Economic Studies
(wo)
Bucharest
(wann)
2021

DOI
doi:10.24818/EA/2021/56/290
Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Mureșan, Gabriela Mihaela
  • Dragoş, Cristian Mihai
  • Mare, Codruța
  • Dragoș, Simona Laura
  • Pintea, Alexandra
  • The Bucharest University of Economic Studies

Entstanden

  • 2021

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