Re-investigating the insurance-growth nexus using common factors
Research output: Journal contributions › Journal articles › Research › peer-review
Authors
This study re-investigates the linkage between insurance market activity and economic activity by using panel cointegration techniques. The methodology used here accounts for the presence of cross-sectional dependence. Considering nine panels formed from the data of 90 countries, we find evidence in favor of panel cointegration among real insurance market activity per capita and real GDP per capita.
Original language | English |
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Article number | 102231 |
Journal | Finance Research Letters |
Volume | 46 |
Issue number | Part A |
Number of pages | 9 |
ISSN | 1544-6123 |
DOIs | |
Publication status | Published - 01.05.2022 |
- Cross-sectional dependence, Insurance-growth nexus, Panel cointegration
- Management studies