Insurance-growth nexus
A comparative analysis with multiple insurance proxies
Bibliographic Data
| ID | 15067150 |
|---|---|
| Authors | Sajid Mohy Ul Din (0000-0003-2539-8572, Northern University of Malaysia), Angappan Regupathi (Northern University of Malaysia, corresponding author), Arpah Abu-Bakar (Northern University of Malaysia), Arpah Abu Bakar (0000-0002-4538-0487, Northern University of Malaysia), Chee-Chee Lim (Northern University of Malaysia), Zeeshan Ahmed (0000-0002-2388-9856, University of Lahore) |
| Year | 2020 |
| Volume | 33 |
| Issue | 1 |
| Pages | 604-622 |
| Publication date | 2020-01-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Economic Research-Ekonomska Istraživanja (JOURNAL) |
| Journal identifiers | ISSN: 1331-677X • E-ISSN: 1848-9664 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/1331677x.2020.1722954 |
| OpenAlex | W3007147433 |
| Language | EN |
| Citations received | 1 |
| References cited | 53 |
Previous studies found inconsistent results for insurance-growth nexus. The aim of this study is to examine the relationships between life and non-life insurance with economic growth. The study applies pooled mean group method to examine long-term and short-term insurance-growth nexus over the period of 1980 to 2015. The findings of the study show that there exists a positive and significant relationship between life insurance and economic growth in the long-term and short-term for all selected countries, except when insurance penetration is used as a proxy. However, a positive and significant relationship was observed for non-life insurance and economic growth for all four proxies in the long-term and short-term. The relationship between insurance and economic growth is found to be different across countries and across proxies because of diverse factors such as diversity and variety of insurance products, religious and cultural traditions, level of education, and State involvement, not covered in this research
Actuarial science · Economics · Life insurance · Political science · Banking stability, regulation, efficiency · Insurance and Financial Risk Management · Insurance, Mortality, Demography, Risk Management
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| Citations per year | 0.25 |
|---|---|
| Citation span | 2022 - 2022 (1) |
| Highly cited | No |