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Law and the determinants of property-casualty insurance

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24510‎$a‎Law and the determinants of property-casualty insurance‎$c‎Neil Esho...[et al.]
5208 ‎$a‎This article examines the importance of legal rights and enforcement in influencing property-casualty insurance (PCI) consuption. We extend the existing literature by examining the role of legal factors in determining insurance density across countries. Using a panel data set, we apply a generalized methods of moments dynamic system estimator , which relaxes the assuption of strict exogeneity of the regressors and produces unbiased and efficient estimates. The result show a strong postive relationship between the protection of property rights and insurance consumption, which is robust to various model specifications and estimation techniques
65011‎$0‎MAPA20080547127‎$a‎Estudios
65001‎$0‎MAPA20080597665‎$a‎Métodos estadísticos
650 1‎$0‎MAPA20080624934‎$a‎Seguro de daños patrimoniales
65011‎$0‎MAPA20080590468‎$a‎Economía del seguro
65011‎$0‎MAPA20080584580‎$a‎Demanda de seguros
65011‎$0‎MAPA20080612757‎$a‎Teoría de la estimación
7001 ‎$0‎MAPA20080010966‎$a‎Esho, Neil
7404 ‎$a‎The Journal of risk and insurance
7730 ‎$w‎MAP20077000727‎$t‎The Journal of risk and insurance‎$d‎Orlando‎$g‎Volume 71, number 1, March 2004 ; p. 265-283