Journal of banking & finance, 2010-07, Vol.34 (7), p.1540-1548
2010
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- Autor(en) / Beteiligte
- Titel
- Single Market effects on productivity in the German insurance industry
- Ist Teil von
- Journal of banking & finance, 2010-07, Vol.34 (7), p.1540-1548
- Ort / Verlag
- Amsterdam: Elsevier B.V
- Erscheinungsjahr
- 2010
- Quelle
- Alma/SFX Local Collection
- Beschreibungen/Notizen
- The Single Market project of the European Commission was supposed to foster productivity growth in the financial service industry. We assess its consequences on productivity development in the German insurance industry, one of the largest insurance markets within the European Union, by applying Data Envelopment Analysis to a panel of German insurance companies. We estimate standard and bootstrapped efficiency scores for the years 1991 through 2006 and apply a test on scale efficiency based on bootstrapped statistics. Furthermore, we compute a Malmquist index and test for different types of productivity convergence across firms.
- Sprache
- Englisch
- Identifikatoren
- ISSN: 0378-4266eISSN: 1872-6372DOI: 10.1016/j.jbankfin.2009.09.005Titel-ID: cdi_proquest_miscellaneous_753825817
- Format
- –
- Schlagworte
- Bootstrap mechanism, Bootstrap method, Bootstrapped data envelopment analysis, Convergence, Data envelopment analysis, Efficiency, Financial services, Germany, Insurance, Insurance companies, Insurance industry, Productivity, Productivity growth, Single European market, Single Market, Single Market Bootstrapped data envelopment analysis Productivity growth, Studies