Measuring Scale Economies of the Insurance Industry: An Analysis of Multiple Regression Models

Dongsae Cho

Journal of Insurance Issues, 1988, vol. 11, issue 1, 43-52

Abstract: This paper examines … scale economies of the insurance industry …. Output and cost of the insurance industry are defined, and their relationship to size efficiency is discussed. Traditional standards set for various specifications of the cost function are also reviewed. …

Date: 1988
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