|
EconStor >
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin >
DIW-Diskussionspapiere >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/18537
|
| | |
| Title: | | Development under Regulation: The Way of the Ukrainian Insurance Market  |
| Authors: | | Badunenko, Oleg Grechaniuk, Bogdana Talavera, Oleksandr |
| Issue Date: | | 2006 |
| Series/Report no.: | | DIW-Diskussionspapiere 644 |
| Abstract: | | This study is intended to assess the introduction of increased capitalization requirements for Ukrainian insurance firms. To do so, we employ up-to-date frontier efficiency analysis The analysis suggests that an increase in size occurs not only because of the regulator?s requirements, but also because all scale inefficient firms have been persistently operating under increasing returns to scale. Additionally, we show that the Ukrainian insurance industry experiences significant increases in technical efficiency. Our analysis identifies winners and losers among small, medium and large companies. The findings are consistent with the hypothesis that regulation forces firms to concentrate on efficiency. |
| Subjects: | | insurance industry efficiency and productivity analysis returns to scale bootstrap Ukraine |
| JEL: | | G28 C15 G22 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des DIW DIW-Diskussionspapiere
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/18537
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|