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DEFINING THE MARKET POTENTIAL BY ASSESSING GROWTH AND SATURATION IN THE PRIVATE LIFE AND PENSIONS INDUSTRY

Ilja Arefjevs (), Tatjana Volkova () and Marija Lindemane ()
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Ilja Arefjevs: BA School of Business and Finance, Latvia
Tatjana Volkova: BA School of Business and Finance, Latvia
Marija Lindemane: BA School of Business and Finance, Latvia

Oeconomia Copernicana, 2013, vol. 4, issue 4, 19-44

Abstract: The aim of the report is define the market potential of the private life and pension industry in the Baltic region. The authors used the Törnquist function to develop the market growth and saturation approach. The research outcome is a cross-country comparison of market growth, saturation and its dynamics to support strategic decisions by financial companies.

Keywords: market growth and saturation; life and pensions products; Törnquist function; strategic decision making (search for similar items in EconPapers)
JEL-codes: F23 G21 G22 (search for similar items in EconPapers)
Date: 2013
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