AN ANALYSIS OF NON-LIFE INSURANCE DETERMINANTS FOR SELECTED COUNTRIES IN CENTRAL AND SOUTH EASTERN EUROPE: A CO-INTEGRATION APPROACH

Petkovski, Mihail and Kjosevski, Jordan (2014) AN ANALYSIS OF NON-LIFE INSURANCE DETERMINANTS FOR SELECTED COUNTRIES IN CENTRAL AND SOUTH EASTERN EUROPE: A CO-INTEGRATION APPROACH. Romanian Journal of Economic Forecasting, 17 (3). pp. 160-178.

Text rjef3_2014p160-178.pdf - Published Version Download (292kB)

Abstract

This study examines the determinant of non-life insurance consumption in 16
countries in Central and South-Eastern Europe (CSEE) during the period 1992-2011
with an Larsson et al. (2001) cointegration test and the dynamic ordinary least
squares. These techniques will help us to understand which are the determinants of
non-life insurance consumption in 16 countries in Central and South- Eastern Europe
(CSEE), revealing the significant influence between endogenous variables. Empirical
results provide the evidence that GDP per capita, and number of passenger cars per
1.000 people positively and significantly influence non-life insurance consumption in
the long-run.

Item Type:	Article
Subjects:	Scientific Fields (Frascati) > Social Sciences > Economics and Business
Depositing User:	UKLO Mrezha
Date Deposited:	27 May 2024 06:08
Last Modified:	27 May 2024 06:08
URI:	https://eprints.uklo.edu.mk/id/eprint/9990

Actions (login required)

View Item