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THE EFFECT OF INSURANCE PREMIUM ON ECONOMIC GROWTH IN EUROPEAN UNION COUNTRIES: PANEL DATA ANALYSIS

Yıl 2020, Cilt: 12 Sayı: 23, 442 - 451, 26.11.2020
https://doi.org/10.20990/kilisiibfakademik.705585

Öz

Funds collected as insurance premiums are very important for the development and deepening of the national economies. These premiums paid to insurance companies provide funds for capital markets by creating savings sources. The aim of this study is to investigate how and in what direction the insurance premium volume affects the economic growth of these 25 countries. For this purpose, Johansen Cointegration, Kao cointegration, panel FMOLS, Dumitrescu and Hurlin (2012) Panel Granger Causality methods were used. Cointegration tests show that economic growth and insurance premium volume variables have long-term cointegration relationships. According to Panel FMOLS test results, a 1% increase in insurance premium volumes leads to an increase of 0.113% in economic growth. According to Dumitrescu and Hurlin (2012) panel Granger causality analysis, there is one-way causality from insurance volumes to economic growth.

Kaynakça

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Toplam 31 adet kaynakça vardır.

Ayrıntılar

Birincil Dil Türkçe
Konular Ekonomi
Bölüm ARAŞTIRMA MAKALELERİ
Yazarlar

Neylan Kaya 0000-0003-2645-3246

Nazife Özge Kılıç 0000-0002-6738-3638

Yayımlanma Tarihi 26 Kasım 2020
Yayımlandığı Sayı Yıl 2020 Cilt: 12 Sayı: 23

Kaynak Göster

APA Kaya, N., & Kılıç, N. Ö. (2020). THE EFFECT OF INSURANCE PREMIUM ON ECONOMIC GROWTH IN EUROPEAN UNION COUNTRIES: PANEL DATA ANALYSIS. Akademik Araştırmalar Ve Çalışmalar Dergisi (AKAD), 12(23), 442-451. https://doi.org/10.20990/kilisiibfakademik.705585
AMA Kaya N, Kılıç NÖ. THE EFFECT OF INSURANCE PREMIUM ON ECONOMIC GROWTH IN EUROPEAN UNION COUNTRIES: PANEL DATA ANALYSIS. Akademik Araştırmalar ve Çalışmalar Dergisi (AKAD). Kasım 2020;12(23):442-451. doi:10.20990/kilisiibfakademik.705585
Chicago Kaya, Neylan, ve Nazife Özge Kılıç. “THE EFFECT OF INSURANCE PREMIUM ON ECONOMIC GROWTH IN EUROPEAN UNION COUNTRIES: PANEL DATA ANALYSIS”. Akademik Araştırmalar Ve Çalışmalar Dergisi (AKAD) 12, sy. 23 (Kasım 2020): 442-51. https://doi.org/10.20990/kilisiibfakademik.705585.
EndNote Kaya N, Kılıç NÖ (01 Kasım 2020) THE EFFECT OF INSURANCE PREMIUM ON ECONOMIC GROWTH IN EUROPEAN UNION COUNTRIES: PANEL DATA ANALYSIS. Akademik Araştırmalar ve Çalışmalar Dergisi (AKAD) 12 23 442–451.
IEEE N. Kaya ve N. Ö. Kılıç, “THE EFFECT OF INSURANCE PREMIUM ON ECONOMIC GROWTH IN EUROPEAN UNION COUNTRIES: PANEL DATA ANALYSIS”, Akademik Araştırmalar ve Çalışmalar Dergisi (AKAD), c. 12, sy. 23, ss. 442–451, 2020, doi: 10.20990/kilisiibfakademik.705585.
ISNAD Kaya, Neylan - Kılıç, Nazife Özge. “THE EFFECT OF INSURANCE PREMIUM ON ECONOMIC GROWTH IN EUROPEAN UNION COUNTRIES: PANEL DATA ANALYSIS”. Akademik Araştırmalar ve Çalışmalar Dergisi (AKAD) 12/23 (Kasım 2020), 442-451. https://doi.org/10.20990/kilisiibfakademik.705585.
JAMA Kaya N, Kılıç NÖ. THE EFFECT OF INSURANCE PREMIUM ON ECONOMIC GROWTH IN EUROPEAN UNION COUNTRIES: PANEL DATA ANALYSIS. Akademik Araştırmalar ve Çalışmalar Dergisi (AKAD). 2020;12:442–451.
MLA Kaya, Neylan ve Nazife Özge Kılıç. “THE EFFECT OF INSURANCE PREMIUM ON ECONOMIC GROWTH IN EUROPEAN UNION COUNTRIES: PANEL DATA ANALYSIS”. Akademik Araştırmalar Ve Çalışmalar Dergisi (AKAD), c. 12, sy. 23, 2020, ss. 442-51, doi:10.20990/kilisiibfakademik.705585.
Vancouver Kaya N, Kılıç NÖ. THE EFFECT OF INSURANCE PREMIUM ON ECONOMIC GROWTH IN EUROPEAN UNION COUNTRIES: PANEL DATA ANALYSIS. Akademik Araştırmalar ve Çalışmalar Dergisi (AKAD). 2020;12(23):442-51.