Tytuł:

Insurance market development and economic growth in transition countries: some new evidence based on the bootstrap panel granger causality test

Tytuł publikacji grupowej:

Argumenta Oeconomica

Autor:

Wanat, Stanisław ; Papież, Monika ; Śmiech, Sławomir

Temat i słowa kluczowe:

insurance market ; economic growth ; panel Granger causality test ; transition EU member countries

Opis:

Argumenta Oeconomica, 2019, Nr 1 (42), s. 213-233

Abstrakt:

The purpose of this paper is to investigate causal relations between the insurance market development and economic growth in ten transition European Union member countries in the period between 1993 and 2013. The analysis is conducted with the use of the bootstrap panel causality approach proposed by Kónya (2006), which allows for the simultaneous inclusion of both cross-sectional dependence and country-specific heterogeneity. Various types of dependencies between economic growth and the insurance market development (both in terms of the global insurance market and in the division into life insurance and non-life insurance) are identified in the study, and these findings confirm the results obtained in the majority of other papers which report differences in the role of insurance and the benefits various economies derive from the insurance market

Wydawca:

Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu

Miejsce wydania:

Wrocław

Data wydania:

2019

Typ zasobu:

artykuł

Identyfikator zasobu:

doi:10.15611/aoe.2019.1.09

Język:

eng

Powiązania:

Argumenta Oeconomica, 2019, Nr 1 (42)

Prawa:

Wszystkie prawa zastrzeżone (Copyright)

Prawa dostępu:

Dla wszystkich w zakresie dozwolonego użytku

Lokalizacja oryginału:

Uniwersytet Ekonomiczny we Wrocławiu