期刊論文
| 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 | en |
| ISSN | 2217-2386 |
| 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 | 否 |
| 國別 | SRB |
| 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/987654321/104129 ) |