期刊論文

學年 102
學期 1
出版(發表)日期 2014-01-01
作品名稱 Asymmetric Dependence between Efficiency and Market Power: Longitudinal Perspective of the Taiwan Life Insurance Industry
作品名稱(其他語言)
著者 Chuang, Chung-Chu; Tang, Yu-Chieh
單位 淡江大學管理科學學系
出版者 Roorkee: Centre for Environment, Social and Economic Research Publications
著錄名稱、卷期、頁數 International Journal of Applied Mathematics and Statistics 52(8), p.144-151
摘要 Market power and efficiency both contribute to the viability of the insurer, making them essential to 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 correlation between efficiency and market power using generalized extreme value analysis.The results show a strong nonlinear, asymmetric dependence between the 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
語言 en_US
ISSN 0973-7345
期刊性質 國外
收錄於 EI
產學合作
通訊作者 Chuang, Chung-Chu
審稿制度
國別 IND
公開徵稿
出版型式 ,電子版
相關連結

機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/99434 )

機構典藏連結