Evaluating the sources of productivity of insurance firms in Arab gulf countries and Jordan: Malmquist productivity index

Abderazak Bakhouche, Eman Zabalawi and Mohamed Lotfi Boulkeroua

Afro-Asian Journal of Finance and Accounting, 2023, vol. 13, issue 4, 478-501

Abstract: In recent years, the adoption of technological advances in finance may have impacted the efficiency and productivity of financial institutions, through lower transaction costs and reduced information asymmetries. This paper employs the Malmquist productivity index to measure productivity and identify its main drivers for 98 conventional and Sharia-compliant insurance firms operating in the GCC and Jordan over the period from 2009 to 2017. The results show that insurance firms in the countries under study experienced productivity progress, primarily brought about by technological change. The study substantiates the existence of a scope to enhance productivity by exploring both pure and scale efficiencies, with the continuous integration of advanced technology.

Keywords: insurance; productivity; Malmquist productivity index; efficiency change; technological change; TC; Takaful; GCC; Jordan. (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=132960 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:afasfa:v:13:y:2023:i:4:p:478-501

Access Statistics for this article

More articles in Afro-Asian Journal of Finance and Accounting from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().