The Relationship between Insurance Growth and Economic Development: 80 Empirical Papers for a Review of the Literature

ICER Working Paper No. 12/2011

52 Pages Posted: 14 Jul 2011

Date Written: July 14, 2011

Abstract

The objective is to examine the determinants of the relationship between insurance growth and economic development. This paper contributes to this body of research by providing an extensive literature review of empirical studies that have looked at both sides of the relationship, i.e. the demand side (economic growth is an explanatory variable among other factors that affect the demand) and the development side (insurance is a determinant of growth).

Keywords: insurance demand, financial development¸ economic growth

JEL Classification: G22, E44, O16

Suggested Citation

Outreville, J. Francois, The Relationship between Insurance Growth and Economic Development: 80 Empirical Papers for a Review of the Literature (July 14, 2011). ICER Working Paper No. 12/2011, Available at SSRN: https://ssrn.com/abstract=1885401 or http://dx.doi.org/10.2139/ssrn.1885401

J. Francois Outreville (Contact Author)

HEC Montreal ( email )

3000, Chemin de la Côte-Sainte-Catherine
Montreal, Quebec H2X 2L3
Canada

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