@article{ART000871795},
author={Hongmin Zi},
title={생명보험산업의 이윤변화분해},
journal={Journal of Insurance and Finance},
issn={2384-3209},
year={2002},
volume={13},
number={3},
pages={3-30}
TY - JOUR
AU - Hongmin Zi
TI - 생명보험산업의 이윤변화분해
JO - Journal of Insurance and Finance
PY - 2002
VL - 13
IS - 3
PB - Korea Insurance Research Institute
SP - 3
EP - 30
SN - 2384-3209
AB - This study analyzes the profit change of the top 100 US life in surers by applyinga newly developed mathematical programming method. The profit change is decomposed into a productivity effect(technical change and oper ating efficiencyeffects), an activity effect(product mix, input mix, and scale effects), and a priceeffect. The results indicate that for the period 1996-2000, the positive profit changehas been mainly due to scale and output mix effects, while the productivity change has affected the profit change negatively. We found noticeable difference in various effects between stock and mutual life insurers and that the expense preference hypothesis is not supported in the sample. The results also suggest that the agency system has a positive output mix effect, while the direct writing system shows positive input mix effect on the profit change.
KW - Profit Change Decomposition;Life Insurance;Mathematical Programming Approach
DO -
UR -
ER -
Hongmin Zi. (2002). 생명보험산업의 이윤변화분해. Journal of Insurance and Finance, 13(3), 3-30.
Hongmin Zi. 2002, "생명보험산업의 이윤변화분해", Journal of Insurance and Finance, vol.13, no.3 pp.3-30.
Hongmin Zi "생명보험산업의 이윤변화분해" Journal of Insurance and Finance 13.3 pp.3-30 (2002) : 3.
Hongmin Zi. 생명보험산업의 이윤변화분해. 2002; 13(3), 3-30.
Hongmin Zi. "생명보험산업의 이윤변화분해" Journal of Insurance and Finance 13, no.3 (2002) : 3-30.
Hongmin Zi. 생명보험산업의 이윤변화분해. Journal of Insurance and Finance, 13(3), 3-30.
Hongmin Zi. 생명보험산업의 이윤변화분해. Journal of Insurance and Finance. 2002; 13(3) 3-30.
Hongmin Zi. 생명보험산업의 이윤변화분해. 2002; 13(3), 3-30.
Hongmin Zi. "생명보험산업의 이윤변화분해" Journal of Insurance and Finance 13, no.3 (2002) : 3-30.
