umu.sePublikasjoner
Endre søk
RefereraExporteraLink to record
Permanent link

Direct link
Referera
Referensformat
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Annet format
Fler format
Språk
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Annet språk
Fler språk
Utmatningsformat
  • html
  • text
  • asciidoc
  • rtf
Firm size and growth in Sweden's life insurance market between 1855 and 1947: A test of Gibrat's law
Umeå universitet, Samhällsvetenskapliga fakulteten, Institutionen för geografi och ekonomisk historia.
Umeå universitet, Samhällsvetenskapliga fakulteten, Institutionen för geografi och ekonomisk historia.ORCID-id: 0000-0002-3293-2318
2014 (engelsk)Inngår i: Business History, ISSN 0007-6791, E-ISSN 1743-7938, Vol. 56, nr 6, s. 956-974Artikkel i tidsskrift (Fagfellevurdert) Published
Abstract [en]

Using data for the period from 1855 to 1947 and the two sub-periods, 1855-1902 and 1903-47, the article examines whether the organic growth rates of 38 Swedish life insurance firms are independent of size, as predicted by Gibrat's (1931) Law of Proportionate Effects. Using panel unit root tests and panel Generalised Method of Moments (GMM) regression, the article finds a significant difference between the growth rates of small and large Swedish life insurance firms (with smaller firms tending to grow faster than larger firms), a result that clearly contradicts Gibrat's Law as a long-run tendency in the Swedish life insurance sector. significant influences were also found on firm growth from profitability, organisational form, reinsurance, the real rate of interest and the Swedish regulatory environment.

sted, utgiver, år, opplag, sider
2014. Vol. 56, nr 6, s. 956-974
Emneord [en]
Gibrat's law, insurance, Sweden
HSV kategori
Identifikatorer
URN: urn:nbn:se:umu:diva-92682DOI: 10.1080/00076791.2013.848341ISI: 000340248600005Lokal ID: 881253OAI: oai:DiVA.org:umu-92682DiVA, id: diva2:742336
Tilgjengelig fra: 2014-09-01 Laget: 2014-09-01 Sist oppdatert: 2019-02-15bibliografisk kontrollert

Open Access i DiVA

Fulltekst mangler i DiVA

Andre lenker

Forlagets fulltekst

Personposter BETA

Andersson, Lars-FredrikLindmark, Magnus

Søk i DiVA

Av forfatter/redaktør
Andersson, Lars-FredrikLindmark, Magnus
Av organisasjonen
I samme tidsskrift
Business History

Søk utenfor DiVA

GoogleGoogle Scholar

doi
urn-nbn

Altmetric

doi
urn-nbn
Totalt: 919 treff
RefereraExporteraLink to record
Permanent link

Direct link
Referera
Referensformat
  • apa
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Annet format
Fler format
Språk
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Annet språk
Fler språk
Utmatningsformat
  • html
  • text
  • asciidoc
  • rtf