Kasman, Adnan; Turgutlu, Evrim - In: Review of Middle East Economics and Finance 4 (2008) 1, pp. 81-96
This paper investigates the evolution of market structure in the Turkish insurance industry over the period 1996-2004, using the Panzar and Rosse (1987) methodology. The sample period has been divided into three sub-periods (1996-1998, 1999-2001, and 2002-2004). The results suggest that in the...