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Open AccessJournal ArticleDOI

Insurance market penetration and economic growth in Eurozone countries: Time series evidence on causality

TLDR
In this paper, the causal relationship between insurance market penetration and per capita economic growth in 19 Eurozone countries for the period 1980-2014 was examined, and the authors found both unidirectional and bidirectional causality between IMP and economic growth.
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This article is published in Future Business Journal.The article was published on 2018-06-01 and is currently open access. It has received 27 citations till now. The article focuses on the topics: Life insurance & Per capita.

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Citations
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Asymmetric impacts of insurance premiums on the non-oil GDP: some new empirical evidence

TL;DR: In this paper, the influence of insurance premium on the non-oil gross domestic product in Saudi Arabia was investigated and the authors implemented the nonlinear autoregressive distributed lags.
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Insurance-Growth Nexus: Aggregation and Disaggregation

TL;DR: In this article, the authors investigated the relationship between insurance and economic growth at aggregate and disaggregate level for the period 1982-2018, using Ordinary Least Squares Regressions (OLS) and Granger Causality tests.
Journal ArticleDOI

Internet use and insurance growth: evidence from a panel of OECD countries

TL;DR: In this article, an empirical study aimed to investigate the effect of internet use on the demand for insurance using a sample of OECD countries during the period from 2007 to 2017 and employed a battery of panel data models, taking into account various unusual patterns, such as heterogeneity.
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The contribution of South Africa’s insurers to systemic risk: thoughts for policymakers

TL;DR: In this article, the authors explored the issues and applied them to insurance markets, in general and then in South Africa, and asked whether more could be done by South Africa's insurance regulators to mitigate the systemic risk attributable to the country's insurers.
Journal ArticleDOI

Insurance-growth nexus: a comparative analysis with multiple insurance proxies

TL;DR: In this article, the authors examined the relationship between life and non-life insurance with economic growth and found inconsistent results for the insurance-growth nexus, and proposed an approach to examine the relationships between non-and life insurance.
References
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Journal ArticleDOI

Estimating the Dimension of a Model

TL;DR: In this paper, the problem of selecting one of a number of models of different dimensions is treated by finding its Bayes solution, and evaluating the leading terms of its asymptotic expansion.

Estimating the dimension of a model

TL;DR: In this paper, the problem of selecting one of a number of models of different dimensions is treated by finding its Bayes solution, and evaluating the leading terms of its asymptotic expansion.
Journal ArticleDOI

Co-integration and Error Correction: Representation, Estimation and Testing

TL;DR: The relationship between co-integration and error correction models, first suggested in Granger (1981), is here extended and used to develop estimation procedures, tests, and empirical examples.

The mechanics of economic development

Abstract: This paper considers the prospects for constructing a neoclassical theory of growth and international trade that is consistent with some of the main features of economic development. Three models are considered and compared to evidence: a model emphasizing physical capital accumulation and technological change, a model emphasizing human capital accumulation through schooling, and a model emphasizing specialized human capital accumulation through learning-by-doing.
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On the mechanics of economic development

TL;DR: In this article, the authors consider the prospects for constructing a neoclassical theory of growth and international trade that is consistent with some of the main features of economic development, and compare three models and compared to evidence.
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