Donni, Olivier; Fecher, Fabienne - In: The Geneva Papers on Risk and Insurance - Issues and … 22 (1997) 4, pp. 523-535
The purpose of the paper is to measure technical efficiency levels in 15 OECD insurance industries over the period 1983-1991 and to decompose productivity changes into technical progress and efficiency variations. We show that the growth in the productivity observed in all countries is...