Assessing Competition in the Bulgarian Insurance Industry: A Panzar-Rosse Approach

Assessing Competition in the Bulgarian Insurance Industry: A Panzar-Rosse Approach

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The study assesses the competitive behavior in the Bulgarian general insurance industry by applying an empirical methodology developed by Panzar and Rosse (1987). Based on company data from insurers' balance sheets and profit and loss accounts for the period between 2005 and 2014 a reduced-for...

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Bibliographic Details
Main Author:	Aleksandar B. Todorov
Format:	Article
Language:	English
Published:	EconJournals 2016-07-01
Series:	International Journal of Economics and Financial Issues
Online Access:	https://econjournals.com/index.php/ijefi/article/view/2146

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