Showing 1 - 10 of 416
Our study analyses the extent of integration of the EU market for life and non-life insurance. The main integration … even less advanced for life than for non-life insurance and that mergers and acquisitions are the dominant strategy to … access a foreign market. Besides summarising the liberalisation history of the European insurance sector and discussing …
Persistent link: https://www.econbiz.de/10013136591
The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high unemployment and stagnating growth by 1970, called stagflation. Since 1970 governments redressed the welfare state but did not succeed in finding workable mechanisms. They rather...
Persistent link: https://www.econbiz.de/10011108214
(1) The basic problem in OECD countries is the tax void. (2) A tax system with an exemption is more transparant than a system with a tax credit. (3) Exemption should be at the level of the net minimum wage so that such workers can work at net = gross. (4) A tax credit is a sufficient but not a...
Persistent link: https://www.econbiz.de/10011109700
used throughout the literature and relate these to productivity growth. Moreover, where possible, the indicators and … productivity growth are calculated at both the firm and industry level. This enables us to investigate differences in competition … and in its relation with productivity for both aggregation levels. Our results indicate that contemporaneous competition …
Persistent link: https://www.econbiz.de/10008536831
This study analyzes the total factor productivity of 1,067 Japanese manufacturing firms. In production estimation, we … employ the directional distance function and Luenberger productivity indicator. Research and development strategy survey data … are used to analyze the determinant factors related to improvements in innovation and productivity. Our results indicate …
Persistent link: https://www.econbiz.de/10011112811
This paper applied the Malmquist Productivity Index in order to estimate total factor productivity growth and its … reforms on the productivity growth of paper and paper products industry was negative. It was evident in the study that the … factor for productivity change in Indian paper and paper products industry. Among similar trends were observed at the sub …
Persistent link: https://www.econbiz.de/10005019446
The purpose of this paper was to study the productivity where renewable energy resources and non-renewable resources … the total factor productivity of Bioeconomy for the generation of electricity from plants using sugarcane bagasse (biomass …) as a renewable resource and petroleum. The data envelopment analysis (DEA) and the Malmquist index were used to measure …
Persistent link: https://www.econbiz.de/10011113309
purchase price can be presented as the increase in the willingness to pay for insurance or the willingness to pay for consumer … credit. The optimal consumer decision represents the trade-off between the propensity to search for beneficial insurance or … consumer credit, and marginal savings on insurance policy or consumer credit. Under price dispersion the indirect utility …
Persistent link: https://www.econbiz.de/10011267888
This paper provides empirical evidence of advantageous selection in insurance markets. By using a novel insurance … inability to distinguish moral hazard from selection. In the US market for area yield crop insurance, payouts are based on … average county yields. Moreover, area yield insurance is only offered in counties where no farmer is large enough to affect …
Persistent link: https://www.econbiz.de/10011258574
agricultural insurance program on household level production, borrowing, and saving. The empirical strategy includes both … difference-in-difference and triple difference estimations. I find that, first, introducing insurance increases the production … area of insured crops by around 20% and decreases production diversification; second, provision of insurance raises the …
Persistent link: https://www.econbiz.de/10011258732