GOOD GOVERNANCE AND LIFE INSURANCE DEMAND; ECONOMIC CHALLENGES IN DEVELOPING COUNTRIES

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SEPEHR DOUST HAMID; EBRAHIM NASAB SAMANEH

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Journal Paper

Paper Information

Journal: JOURNAL OF THE MARCO AND STRATEGIC POLICIES Year:2013 | Volume:1 | Issue:3 Page(s): 39-54

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Information Journal Paper

Title

GOOD GOVERNANCE AND LIFE INSURANCE DEMAND; ECONOMIC CHALLENGES IN DEVELOPING COUNTRIES

Author(s)

SEPEHR DOUST HAMID | EBRAHIM NASAB SAMANEH | Issue Writer Certificate

Keywords

LIFE INSURANCEQ2

GOOD GOVERNANCEQ1

DEVELOPING COUNTRIESQ2

PANEL DATAQ2

Abstract

LIFE INSURANCE is considered as one of the most important types of insurance industry and an indicator of economic development. Despite overall progress, LIFE INSURANCE products as a need of today’s life have not achieved its deserved place in consumption basket of most DEVELOPING COUNTRIES households including Iran. One of the factors with a significant impact on LIFE INSURANCE industry is the quality of governance. The main objective of the present study is to evaluate the impact of GOOD GOVERNANCE on the demand of LIFE INSURANCE in Iran and selected DEVELOPING COUNTRIES during the period 2011-1999, using a balanced PANEL DATA model. Results show that, GOOD GOVERNANCE indicators have a significant and positive effect on the demand for LIFE INSURANCE. On the other hand, control variables including GDP per capita, financial development and unemployment rat have a significant and direct effect on the demand for LIFE INSURANCE. However, inflation rate has a negative and significant effect on the demand for LIFE INSURANCE in selected DEVELOPING COUNTRIES.

Cites

A STUDY OF DETERMINANTS ON DEMAND FOR LIFE INSURANCE IN SELECTED COUNTRIES

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APA: Copy

SEPEHR DOUST, HAMID, & EBRAHIM NASAB, SAMANEH. (2013). GOOD GOVERNANCE AND LIFE INSURANCE DEMAND; ECONOMIC CHALLENGES IN DEVELOPING COUNTRIES. JOURNAL OF THE MARCO AND STRATEGIC POLICIES, 1(3), 39-54. SID. https://sid.ir/paper/244349/en

Vancouver: Copy

SEPEHR DOUST HAMID, EBRAHIM NASAB SAMANEH. GOOD GOVERNANCE AND LIFE INSURANCE DEMAND; ECONOMIC CHALLENGES IN DEVELOPING COUNTRIES. JOURNAL OF THE MARCO AND STRATEGIC POLICIES[Internet]. 2013;1(3):39-54. Available from: https://sid.ir/paper/244349/en

IEEE: Copy

HAMID SEPEHR DOUST, and SAMANEH EBRAHIM NASAB, “GOOD GOVERNANCE AND LIFE INSURANCE DEMAND; ECONOMIC CHALLENGES IN DEVELOPING COUNTRIES,” JOURNAL OF THE MARCO AND STRATEGIC POLICIES, vol. 1, no. 3, pp. 39–54, 2013, [Online]. Available: https://sid.ir/paper/244349/en

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