Production efficiency in the Austrian Insurance industry : a bayesian examination

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<dc:creator>Ennsfellner, Karl C.</dc:creator>
<dc:creator>Lewis, Danielle</dc:creator>
<dc:creator>Anderson , Randy I.</dc:creator>
<dc:date>2004-03-01</dc:date>
<dc:description xml:lang="es">This paper examines the developments in the production efficiency of the Austrian insurance market for the period 1994-1999 using firm-specific data on life-health and non life insurers obtained from the Austrian insurance regulatory authority. The article uses a Bayesian Stochastic frontier to obtain aggregate and firm-specific estimates of production efficiency across insurer types and time. The study provides strong evidence that the process of deregulation had positive effects on the production efficiency of Austrian insurers. </dc:description>
<dc:identifier>https://documentacion.fundacionmapfre.org/documentacion/publico/es/bib/57235.do</dc:identifier>
<dc:language>eng</dc:language>
<dc:rights xml:lang="es">InC - http://rightsstatements.org/vocab/InC/1.0/</dc:rights>
<dc:subject xml:lang="es">Mercado de seguros</dc:subject>
<dc:subject xml:lang="es">Producción de seguros</dc:subject>
<dc:subject xml:lang="es">Procesos estocásticos</dc:subject>
<dc:subject xml:lang="es">Austria</dc:subject>
<dc:type xml:lang="es">Artículos y capítulos</dc:type>
<dc:title xml:lang="es">Production efficiency in the Austrian Insurance industry : a bayesian examination</dc:title>
<dc:title xml:lang="es">Título: The Journal of risk and insurance</dc:title>
<dc:relation xml:lang="es">En: The Journal of risk and insurance. - Orlando. - Volume 71, number 1, March 2004 ;  p. 135-159</dc:relation>
<dc:coverage xml:lang="es">Austria</dc:coverage>
</rdf:Description>
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