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Law and the determinants of property-casualty insurance

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<dc:creator>Esho, Neil</dc:creator>
<dc:date>2004-03-01</dc:date>
<dc:description xml:lang="es">This 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 </dc:description>
<dc:identifier>https://documentacion.fundacionmapfre.org/documentacion/publico/es/bib/57350.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">Estudios</dc:subject>
<dc:subject xml:lang="es">Métodos estadísticos</dc:subject>
<dc:subject xml:lang="es">Seguro de daños patrimoniales</dc:subject>
<dc:subject xml:lang="es">Economía del seguro</dc:subject>
<dc:subject xml:lang="es">Demanda de seguros</dc:subject>
<dc:subject xml:lang="es">Teoría de la estimación</dc:subject>
<dc:type xml:lang="es">Artículos y capítulos</dc:type>
<dc:title xml:lang="es">Law and the determinants of property-casualty insurance</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. 265-283</dc:relation>
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