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Dependence relationship between insurance demand and some economic, financial, and socio-demographic factors: Evidence from different groups of European countries

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60076658%3A12510%2F23%3A43906714" target="_blank" >RIV/60076658:12510/23:43906714 - isvavai.cz</a>

  • Result on the web

    <a href="https://www.businessperspectives.org/index.php/journals/insurance-markets-and-companies/issue-426/dependence-relationship-between-insurance-demand-and-some-economic-financial-and-socio-demographic-factors-evidence-from-different-groups-of-european-countries" target="_blank" >https://www.businessperspectives.org/index.php/journals/insurance-markets-and-companies/issue-426/dependence-relationship-between-insurance-demand-and-some-economic-financial-and-socio-demographic-factors-evidence-from-different-groups-of-european-countries</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.21511/ins.14(1).2023.10" target="_blank" >10.21511/ins.14(1).2023.10</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Dependence relationship between insurance demand and some economic, financial, and socio-demographic factors: Evidence from different groups of European countries

  • Original language description

    The paper analyzes the dependence between insurance demand represented by insurance penetration and various factors from economics, finance, socio-demographics, and institutions. The analysis is conducted within certain clusters of European countries, which are determined by functional clustering analysis concerning the magnitude and shape of the insurance penetration curves. The dependence is analyzed via linear mixed-effect models. The analysis shows significantly different dependencies between the clusters, proving the existence of different conditions for different European insurance markets, especially concerning economic growth, income, financial development, and unemployment.

  • Czech name

  • Czech description

Classification

  • Type

    J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database

  • CEP classification

  • OECD FORD branch

    50206 - Finance

Result continuities

  • Project

  • Continuities

    I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Others

  • Publication year

    2023

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Name of the periodical

    Insurance Markets and Companies

  • ISSN

    2616-3551

  • e-ISSN

    2522-9591

  • Volume of the periodical

    14

  • Issue of the periodical within the volume

    1

  • Country of publishing house

    UA - UKRAINE

  • Number of pages

    11

  • Pages from-to

    110-120

  • UT code for WoS article

  • EID of the result in the Scopus database

    2-s2.0-85180302101