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The Market structure-performance relationship in the international insurance sector

Recurso electrónico / electronic resource
MARC record
Tag12Value
LDR  00000cab a2200000 4500
001  MAP20080052669
003  MAP
005  20081215122933.0
008  081204e20081201usa|||p |0|||b|eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎219
100  ‎$0‎MAPA20080006679‎$a‎Pope, Nat
24514‎$a‎The Market structure-performance relationship in the international insurance sector‎$c‎Nat Pope, Yu-Luen Ma
520  ‎$a‎This article tests the applicability of the structure-conduct-performance (SCP) hypothesis in the international nonlife insurance marketplace. We employ a panel data regression methodology that includes 23 nations (developed and developing countries) over the time period of 1996 to 2003. The results reveal that the interaction of market liberalization and market concentration shares a complex relationship with market profitability. Our results show that the expectations associated with the SCP hypothesis are supported when the levels of liberalization are low. However, for markets that are highly liberalized the presence of foreign insurers significantly alters the dynamics of nonlife insurance markets
650 1‎$0‎MAPA20080573935‎$a‎Seguros no vida
650 1‎$0‎MAPA20080586294‎$a‎Mercado de seguros
650 1‎$0‎MAPA20080578879‎$a‎Análisis empírico
650 1‎$0‎MAPA20080627195‎$a‎Internacionalización del seguro
7001 ‎$0‎MAPA20080029081‎$a‎Ma, Yu-Luen
7730 ‎$w‎MAP20077000727‎$t‎The Journal of risk and insurance‎$d‎Nueva York : The American Risk and Insurance Association, 1964-‎$x‎0022-4367‎$g‎01/12/2008 Tomo 75 Número 4 - 2008, p. 947-966