Alhassan, Abdul Latif; Biekpe, Nicholas - In: Journal of Economic Studies 43 (2016) 6, pp. 882-909
the South African non-life insurance market in a three-stage analysis. Design/methodology/approach Using annual firm level … data on 80 non-life insurance companies from 2007 to 2012, the authors first employ the stochastic frontier analysis (SFA …) to estimate cost and profit efficiency scores. In the second stage, the authors measure insurance market competition …