Alhassan, Abdul Latif; Biekpe, Nicholas - In: Journal of Economic Studies 43 (2016) 6, pp. 882-909
Purpose The purpose of this paper is to examine the empirical effect of competition on cost and profit efficiency in …) to estimate cost and profit efficiency scores. In the second stage, the authors measure insurance market competition … which controls for heteroskedasticity to examine the effect of competition on the estimated efficiency scores. Firm size …