Kjosevski, Jordan and Petkovski, Mihail (2015) The determinants of non-life insurance consumption: A VECM analysis in Central and South-Eastern Europe. Acta Oeconomica, 65 (1). pp. 107-127. ISSN 0001-6373
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Abstract
This study examines the determinant of non-life insurance consumption in 14 countries of Central and South-Eastern Europe between 1995 and 2010 within a vector error correction model (VECM). We use non-life insurance penetration as a measure for non-life insurance consumption. Empirical results provide evidence that the number of dwellings and number of passenger cars positively and significantly influence non-life insurance consumption in the long run, while the existence of the rule of law and EU membership are significant in the short run.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences / társadalomtudományok > H Social Sciences (General) / társadalomtudomány általában |
| Depositing User: | László Sallai-Tóth |
| Date Deposited: | 05 Jul 2016 15:22 |
| Last Modified: | 31 Mar 2017 23:15 |
| URI: | http://real.mtak.hu/id/eprint/37341 |
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