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 | 是 |
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 ) |