Productivity and Efficiency Performance of the Malaysian Life Insurance Industry

Shazali Mansor and Alias Radam
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Shazali Mansor: Faculty of Business Management Universiti Malaysia Sarawak 94300 Kota Samarahan Sarawak
Alias Radam: Faculty of Economics and Management Univcrsiti Putra Malaysia 43400 Serdang Selangor Darul Ehsan

Jurnal Ekonomi Malaysia, 2000, vol. 34, 93-105

Abstract: This study attempts to measure the productivity of Ihe life insurance industry by employing the non-parametric Malmquist Index approach. The finding shows that despite the productivity growth in the insurance industry, it is relatively low compared to the real economic growth experienced by Malaysia. Like the manufacturing sector, the future growth of this industry would depend on its ability to compete effciently. Being able to provide servis in an efficient way would be an important source of comparative advantage under the era of globalization The results also suggest that both technical efficiency and technical progress Contribute to the overall productivity growth of lhe industry.

Date: 2000
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