2004年9月
On the cost structure of the Japanese property-casualty insurance industry
JOURNAL OF RISK AND INSURANCE
- ,
- 巻
- 71
- 号
- 3
- 開始ページ
- 501
- 終了ページ
- 530
- 記述言語
- 英語
- 掲載種別
- 研究論文(学術雑誌)
- 出版者・発行元
- BLACKWELL PUBL LTD
This article tests economies of scale and economies of scope for the property-casualty insurance companies in Japan. We fit a composite cost function to a set of Japanese firms over the period from 1980 to 1995 and employ an error components model. Our main findings are as follows. First, statistically significant economies of scale are observed in both Japanese firms and foreign firms operating in Japan. Second, economies of scope are also statistically significant for Japanese firms and most of the foreign insurers between the "third sector" products and the rest of the property-casualty insurance lines.
- リンク情報
- ID情報
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- ISSN : 0022-4367
- Web of Science ID : WOS:000223882300007