The effect of financial development on the insurance activity in Algeria
Joint Authors
Aukashi, Kamal
Benziane, Dalilah
Source
Issue
Vol. 9, Issue 1 (31 Jul. 2019), pp.65-76, 12 p.
Publisher
University of Eloued Faculty of Economics Commercial and Management Sciences
Publication Date
2019-07-31
Country of Publication
Algeria
No. of Pages
12
Main Subjects
Topics
Abstract EN
Our study describes the co-integration relation between the financial and the insurance sectors.
Indeed, it consists in repeating and verifying the empirical results obtained in previous studies concerning the existing link between the insurance sector and the financial sector.
The studies that looked at the relationship between financial development or banking development and growth in the insurance sector are very minimal, but all these studies find a positive correlation of these financial variables with the insurance market mainly in Outreville (1990,1996), Carson et al., (2014) and Ward and Zurbruegg (2002).
Using the ARDL model to estimate the relationship between the penetration rate and financial variables in Algeria between 1974 and 2015, it is shown that there is indeed a short and long-term relationship between certain variables that measures the level of financial development.
These are the quasi-currency rate and the level of credit to the private sector.
As for the relationship of insurance to economic growth, we have found an absence of a relationship that ranges from economic growth to penetration rates.
American Psychological Association (APA)
Benziane, Dalilah& Aukashi, Kamal. 2019. The effect of financial development on the insurance activity in Algeria. Economic Visions Review،Vol. 9, no. 1, pp.65-76.
https://search.emarefa.net/detail/BIM-890610
Modern Language Association (MLA)
Benziane, Dalilah& Aukashi, Kamal. The effect of financial development on the insurance activity in Algeria. Economic Visions Review Vol. 9, no. 1 (Jul. 2019), pp.65-76.
https://search.emarefa.net/detail/BIM-890610
American Medical Association (AMA)
Benziane, Dalilah& Aukashi, Kamal. The effect of financial development on the insurance activity in Algeria. Economic Visions Review. 2019. Vol. 9, no. 1, pp.65-76.
https://search.emarefa.net/detail/BIM-890610
Data Type
Journal Articles
Language
English
Notes
Includes appendices : p. 75-76
Record ID
BIM-890610