Impact of Insurance Market on Economic Growth in Post-Transition Countries
2014 ◽
Vol 44
(1)
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pp. 92-105
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Keyword(s):
Abstract 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.
2021 ◽
Vol 4
(1)
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2008 ◽
Vol 75
(4)
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pp. 921-946
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Keyword(s):
2016 ◽
Vol 36
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pp. 447-458
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2021 ◽
Vol 8
(4)
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pp. 196-210
Keyword(s):