Does Gibrat’s law hold in the insurance industry of china? A test with sequential panel selection method
This study applies the Sequential Panel Selection Method to investigate whether the growth rate of total insurance premium is independent of their size, as postulated by Robert Gibrat’s (1931) Law of Proportionate Effects. Time-series data for the total insurance premium of 35 insurance companies...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Economists' Association of Vojvodina
2012-01-01
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Series: | Panoeconomicus |
Subjects: | |
Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2012/1452-595X1203311P.pdf |