A Comparison of Efficiency of Life Insurance Companies in Mainland China and Taiwan Using Bootstrapped Truncated Regression Approach
For strategic and competitive insights, this study measures and benchmarks the comparative operating efficiencies of insurance companies in Taiwan and mainland China. We employ the two-stage DEA with the bootstrapped truncated regression approach to examine the overall efficiency of insurance compan...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
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Taylor & Francis Group
2022-12-01
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| Series: | Cogent Economics & Finance |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/23322039.2022.2043571 |
| _version_ | 1818338342137233408 |
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| author | Hwai-Shuh Shieh Yang Li Jin-Li Hu Yong-Ze Ang |
| author_facet | Hwai-Shuh Shieh Yang Li Jin-Li Hu Yong-Ze Ang |
| author_sort | Hwai-Shuh Shieh |
| collection | DOAJ |
| description | For strategic and competitive insights, this study measures and benchmarks the comparative operating efficiencies of insurance companies in Taiwan and mainland China. We employ the two-stage DEA with the bootstrapped truncated regression approach to examine the overall efficiency of insurance companies in Taiwan and mainland China during 2005-2011. Empirical results reveal that the savings rate, elderly population percentage, and business freedom positively affect the managerial efficiency of life insurance companies in Taiwan and mainland China, while GDP growth rate, inflation rate, corruption index, and climate risk negatively affect their managerial efficiency. |
| first_indexed | 2024-12-13T15:09:35Z |
| format | Article |
| id | doaj.art-85460bd019394bb496c5524c19157abd |
| institution | Directory Open Access Journal |
| issn | 2332-2039 |
| language | English |
| last_indexed | 2024-12-13T15:09:35Z |
| publishDate | 2022-12-01 |
| publisher | Taylor & Francis Group |
| record_format | Article |
| series | Cogent Economics & Finance |
| spelling | doaj.art-85460bd019394bb496c5524c19157abd2022-12-21T23:40:55ZengTaylor & Francis GroupCogent Economics & Finance2332-20392022-12-0110110.1080/23322039.2022.2043571A Comparison of Efficiency of Life Insurance Companies in Mainland China and Taiwan Using Bootstrapped Truncated Regression ApproachHwai-Shuh Shieh0Yang Li1Jin-Li Hu2Yong-Ze Ang3Department of Business Management, Shih Chien University, TaiwanDepartment of International Business, National Taiwan University, TaiwanInstitute of Business and Management, National Yang Ming Chiao Tung University, Taipei city TaiwanInstitute of Business and Management, National Yang Ming Chiao Tung University, Taipei city TaiwanFor strategic and competitive insights, this study measures and benchmarks the comparative operating efficiencies of insurance companies in Taiwan and mainland China. We employ the two-stage DEA with the bootstrapped truncated regression approach to examine the overall efficiency of insurance companies in Taiwan and mainland China during 2005-2011. Empirical results reveal that the savings rate, elderly population percentage, and business freedom positively affect the managerial efficiency of life insurance companies in Taiwan and mainland China, while GDP growth rate, inflation rate, corruption index, and climate risk negatively affect their managerial efficiency.https://www.tandfonline.com/doi/10.1080/23322039.2022.2043571efficiencytwo-stage DEAbootstraptruncated regression modelinsurance industry |
| spellingShingle | Hwai-Shuh Shieh Yang Li Jin-Li Hu Yong-Ze Ang A Comparison of Efficiency of Life Insurance Companies in Mainland China and Taiwan Using Bootstrapped Truncated Regression Approach Cogent Economics & Finance efficiency two-stage DEA bootstrap truncated regression model insurance industry |
| title | A Comparison of Efficiency of Life Insurance Companies in Mainland China and Taiwan Using Bootstrapped Truncated Regression Approach |
| title_full | A Comparison of Efficiency of Life Insurance Companies in Mainland China and Taiwan Using Bootstrapped Truncated Regression Approach |
| title_fullStr | A Comparison of Efficiency of Life Insurance Companies in Mainland China and Taiwan Using Bootstrapped Truncated Regression Approach |
| title_full_unstemmed | A Comparison of Efficiency of Life Insurance Companies in Mainland China and Taiwan Using Bootstrapped Truncated Regression Approach |
| title_short | A Comparison of Efficiency of Life Insurance Companies in Mainland China and Taiwan Using Bootstrapped Truncated Regression Approach |
| title_sort | comparison of efficiency of life insurance companies in mainland china and taiwan using bootstrapped truncated regression approach |
| topic | efficiency two-stage DEA bootstrap truncated regression model insurance industry |
| url | https://www.tandfonline.com/doi/10.1080/23322039.2022.2043571 |
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