Integration and convergence in efficiency and technology gap of European life insurance markets

Integration and convergence in efficiency and technology gap of European life insurance markets

Integration and convergence in efficiency and technology gap of European life insurance markets

This paper applies the meta-frontier Data Envelopment Analysis and the main concepts of convergence from the economic growth literature (β-convergence and σ-convergence) to analyze integration and convergence both in efficiency and in technology gap of European Union (EU) insurance markets. We evaluate 10 EU life insurance markets over the 17-year-period 1998-2014.

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