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Does ownership structure matter? : a cost efficiency study of life insurance firms in Indonesia

Mulyaningsih, Tri - ; Wicaksono, Riski - ;

This paper is about the cost and profit efficiency of Indonesia?s life insurance industry. Using data from 2010?2014, we compare cost and profit efficiency among local and joint venture insurers. Our empirical analysis, based on a time-invariant translog cost model, reveals mean cost allocation and profit efficiency scores of 0.36 and 0.52, respectively. Interestingly, we find that domestic insurers are more cost efficient compared to joint venture insurers; however, joint venture insurers maximize profit more..


Ketersediaan

Call NumberLocationAvailable
PSB lt.2 - Karya Akhir1
Penerbit: Bulletin of Monetary Economics and Banking 2019
Edisi-
SubjekCost efficiency
Profit efficiency
Life insurance industry
Translog model
ISBN/ISSN-
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
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