Economic and demographic determinants of the demand for life insurance: multivarıate analysis

dc.authoridhttps://orcid.org/0000-0002-8000-5543
dc.contributor.authorSatrovic, Elma
dc.contributor.authorMuslija, Adnan
dc.date.accessioned2019-12-09T06:10:59Z
dc.date.available2019-12-09T06:10:59Z
dc.date.issued2018en_US
dc.departmentİktisadi ve İdari Bilimler Fakültesien_US
dc.description.abstractThe 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.en_US
dc.identifier.citationSatrovic, Elma, Muslija, Adnan.(2018).Economic and demographic determinants of the demand for life insurance: multivarıate analysis.Yönetim ve Ekonomi Araştırmaları Dergisi,16,102-115.en_US
dc.identifier.doi10.11611/yead.442827
dc.identifier.endpage115en_US
dc.identifier.startpage102en_US
dc.identifier.urihttps://hdl.handle.net/20.500.12507/1240
dc.identifier.volume16en_US
dc.language.isoen
dc.relation.ispartofYönetim ve Ekonomi Araştırmaları Dergisi
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectLife Insurance Demanden_US
dc.subjectDemographic Componenten_US
dc.subjectEconomic Componenten_US
dc.titleEconomic and demographic determinants of the demand for life insurance: multivarıate analysis
dc.typeArticle

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