Efficiencies of Life Insurers in China An Application of Data Envelopment Analysis
Using Data Envelopment Analysis (DEA), we analyzed the relative efficiency of Chinese life insurers between 2000 and 2003, identify the drives of technical efficiency, and discuss the characteristic of the life insurance industry in China. This paper also compares the technical efficiencies, pure technical efficiencies, and scale efficiencies between different groups of life insurers. Through these comparisons, the styles of development and the characteristics of operation are identified. In addition, with the advantage of DEA, this paper also discusses the topics of scale economies, shadow price, improvement space, and Malmquist index. We believe our work is beneficial for researchers and practitioners to better understand the Chinese life insurance industry. Some of our suggestions are presented at the end of the paper.
Shou Qiu Bingzheng Chen
Department of Risk, Insurance and Healthcare Management The Fox School of Business and Management, T Department of Finance School of Economics and Management, Tsinghua University
国际会议
昆明
英文
1-40
2005-07-05（万方平台首次上网日期，不代表论文的发表时间）