An Estimation of Technical Efficiency and Economies of Scale and Scope in the UK Property-Liability Insurance Industry ���������������¢�������������������������������� Use the Parametric Approach
The paper examines technical efficiency and economies of scale and scope in the UK property-liability insurance industry over the sample period of 1985-2003 using stochastic cost frontier analysis. Stochastic frontier model for panel data are utilized to explore the relationships between firm size,...
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2008
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| Online Access: | https://eprints.nottingham.ac.uk/21730/ |