Economic and demographic determinants of the demand for life insurance: multivarıate analysis
Yükleniyor...
Dosyalar
Tarih
2018
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Erişim Hakkı
info:eu-repo/semantics/openAccess
Özet
The aim of this paper is to summarize a large number of economic and demographic determinants
that are used to predict the demand for life insurance into a smaller number of component variables
(components) and to determine which component has a stronger influence on demand for life insurance.
Data are collected for 150 countries during the period 2005-2010. Final cross-country database is
consisted of six-year average values on variables for selected countries. The methodology includes
techniques of multivariate analysis: principal component analysis (PCA) and multiple linear regression.
Results show that initial determinants of demand for life insurance can be summarized into two
components: economic and demographic. Both components have a statistically significant positive
influence on the demand for life insurance. On the basis of standardized regression coefficients it can
be concluded that economic component is stronger determinant of demand for life insurance in
comparison with demographic.
Açıklama
Anahtar Kelimeler
Life Insurance Demand, Demographic Component, Economic Component
Kaynak
Yönetim ve Ekonomi Araştırmaları Dergisi
WoS Q Değeri
Scopus Q Değeri
Cilt
16
Sayı
Künye
Satrovic, Elma, Muslija, Adnan.(2018).Economic and demographic determinants of the demand for life insurance: multivarıate analysis.Yönetim ve Ekonomi Araştırmaları Dergisi,16,102-115.
