A Comparison of Efficiency of Life Insurance Companies in Mainland China and Taiwan Using Bootstrapped Truncated Regression Approach

Hwai Shuh Shieh; Yang Li; Jin Li Hu; Yong Ze Ang

doi:10.1080/23322039.2022.2043571

A Comparison of Efficiency of Life Insurance Companies in Mainland China and Taiwan Using Bootstrapped Truncated Regression Approach

Hwai Shuh Shieh^*, Yang Li, Jin Li Hu, Yong Ze Ang

^*Corresponding author for this work

Institute of Business and Management

Research output: Contribution to journal › Article › peer-review

4 Scopus citations

Abstract

For strategic and competitive insights, this study measures and benchmarks the comparative operating efficiencies of insurance companies in Taiwan and mainland China. We employ the two-stage DEA with the bootstrapped truncated regression approach to examine the overall efficiency of insurance companies in Taiwan and mainland China during 2005-2011. Empirical results reveal that the savings rate, elderly population percentage, and business freedom positively affect the managerial efficiency of life insurance companies in Taiwan and mainland China, while GDP growth rate, inflation rate, corruption index, and climate risk negatively affect their managerial efficiency.

Original language	English
Article number	2043571
Journal	Cogent Economics and Finance
Volume	10
Issue number	1
DOIs	https://doi.org/10.1080/23322039.2022.2043571
State	Published - 2022

Keywords

bootstrap
efficiency
insurance industry
truncated regression model
two-stage DEA

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1080/23322039.2022.2043571

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abstract = "For strategic and competitive insights, this study measures and benchmarks the comparative operating efficiencies of insurance companies in Taiwan and mainland China. We employ the two-stage DEA with the bootstrapped truncated regression approach to examine the overall efficiency of insurance companies in Taiwan and mainland China during 2005-2011. Empirical results reveal that the savings rate, elderly population percentage, and business freedom positively affect the managerial efficiency of life insurance companies in Taiwan and mainland China, while GDP growth rate, inflation rate, corruption index, and climate risk negatively affect their managerial efficiency.",

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AU - Hu, Jin Li

AU - Ang, Yong Ze

PY - 2022

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AB - For strategic and competitive insights, this study measures and benchmarks the comparative operating efficiencies of insurance companies in Taiwan and mainland China. We employ the two-stage DEA with the bootstrapped truncated regression approach to examine the overall efficiency of insurance companies in Taiwan and mainland China during 2005-2011. Empirical results reveal that the savings rate, elderly population percentage, and business freedom positively affect the managerial efficiency of life insurance companies in Taiwan and mainland China, while GDP growth rate, inflation rate, corruption index, and climate risk negatively affect their managerial efficiency.

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KW - efficiency

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KW - two-stage DEA

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A Comparison of Efficiency of Life Insurance Companies in Mainland China and Taiwan Using Bootstrapped Truncated Regression Approach

Abstract

Keywords

UN SDGs

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