Fecher, F; Perelman, S; Pestieau, P - In: The Geneva Papers on Risk and Insurance - Issues and … 16 (1991) 3, pp. 315-326
The purpose of this paper is to provide for both life and non life insurance a measurement of economies of scale and an assessment of productive performance of French companies. We use a translog cost function to check the presence of scale economies and a parametric approach to construct our...