教師資料查詢 | 類別: 期刊論文 | 教師: 莊忠柱 Chung-chu Chuang (瀏覽個人網頁)

標題:Asymmetric Dependence between Efficiency and Market Power in the Taiwanese Life Insurance Industry
學年104
學期1
出版(發表)日期2015/09/01
作品名稱Asymmetric Dependence between Efficiency and Market Power in the Taiwanese Life Insurance Industry
作品名稱(其他語言)
著者Chuang, Chung-Chu; Yu-Chieh Tang
單位
出版者
著錄名稱、卷期、頁數Panoeconomicus 62(4), pp.511-525
摘要Both market power and efficiency contribute to the viability of the insurer, making them essential for the management of life insurance companies. This study measured efficiency using the stochastic frontier approach based on the translog cost function. We then investigated the relationship between efficiency and market power using generalized extreme value analysis. The results show a strong nonlinear, asymmetric dependence between efficiency and market power of leading Taiwanese insurers. In other words, companies with greater market power do not necessarily exhibit greater efficiency. This study provides a reference to aid life insurance companies in the formulation of operational strategies.
關鍵字Market power;Efficiency;Stochastic frontier approach;Asymmetric dependence
語言英文
ISSN2217-2386
期刊性質國外
收錄於SSCI;
產學合作
通訊作者Chuang, Chung-Chu
審稿制度
國別塞爾維亞
公開徵稿
出版型式,電子版
相關連結
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