Finance and growth : new evidence on the role of insurance
This paper provides new evidence that sheds light on the impact of insurance sector development on output growth, capital accumulation and productivity improvement, using data from 51 countries (developed and developing) during 1981-2005. The dynamic panel data analysis results demonstrate that insu...
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Wiley-Blackwell Publishing Asia
2011
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| Online Access: | http://psasir.upm.edu.my/id/eprint/22748/1/Finance%20and%20growth%20%20new%20evidence%20on%20the%20role%20of%20insurance.pdf http://psasir.upm.edu.my/id/eprint/22748/ |
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my.upm.eprints.227482015-10-09T07:46:06Z http://psasir.upm.edu.my/id/eprint/22748/ Finance and growth : new evidence on the role of insurance Wan Ngah, Wan Azman Saini Smith, Peter This paper provides new evidence that sheds light on the impact of insurance sector development on output growth, capital accumulation and productivity improvement, using data from 51 countries (developed and developing) during 1981-2005. The dynamic panel data analysis results demonstrate that insurance sector development affects growth predominantly through productivity improvement in developed countries, while in developing countries it promotes capital accumulation. Wiley-Blackwell Publishing Asia 2011-06-03 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/22748/1/Finance%20and%20growth%20%20new%20evidence%20on%20the%20role%20of%20insurance.pdf Wan Ngah, Wan Azman Saini and Smith, Peter (2011) Finance and growth : new evidence on the role of insurance. South African Journal of Economics, 79 (2). pp. 111-127. ISSN 0038-2280; ESSN: 1813-6982 10.1111/j.1813-6982.2011.01258.x |
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Asia |
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Malaysia |
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| language |
English |
| description |
This paper provides new evidence that sheds light on the impact of insurance sector development on output growth, capital accumulation and productivity improvement, using data from 51 countries (developed and developing) during 1981-2005. The dynamic panel data analysis results demonstrate that insurance sector development affects growth predominantly through productivity improvement in developed countries, while in developing countries it promotes capital accumulation. |
| format |
Article |
| author |
Wan Ngah, Wan Azman Saini Smith, Peter |
| spellingShingle |
Wan Ngah, Wan Azman Saini Smith, Peter Finance and growth : new evidence on the role of insurance |
| author_facet |
Wan Ngah, Wan Azman Saini Smith, Peter |
| author_sort |
Wan Ngah, Wan Azman Saini |
| title |
Finance and growth : new evidence on the role of insurance |
| title_short |
Finance and growth : new evidence on the role of insurance |
| title_full |
Finance and growth : new evidence on the role of insurance |
| title_fullStr |
Finance and growth : new evidence on the role of insurance |
| title_full_unstemmed |
Finance and growth : new evidence on the role of insurance |
| title_sort |
finance and growth : new evidence on the role of insurance |
| publisher |
Wiley-Blackwell Publishing Asia |
| publishDate |
2011 |
| url |
http://psasir.upm.edu.my/id/eprint/22748/1/Finance%20and%20growth%20%20new%20evidence%20on%20the%20role%20of%20insurance.pdf http://psasir.upm.edu.my/id/eprint/22748/ |
| _version_ |
1643827886289846272 |
| score |
13.211869 |