|
Essay 1 References Abuaf, N. and Jorion P., 1990, “Purchasing Power Parity in the Long Run,” Journal of Finance, 45, 157-174. Adams, M., J. Andersson, L. F. Andersson, and M. Lindmark, 2009, “Commercial banking, insurance and economic growth in Sweden between 1830 and 1998,” Accounting, Business & Financial History, 19(1), 21-38. Arestis, P., and P. Demetriades, 1997, “Financial Development and Economic Growth: Assessing the Evidence,” Economic Journal, 107(442), 783-799. Arena, M., 2008, “Does Insurance Market Activity Promote Economic Growth? A Cross-country Study for Industrialized and Developing Countries,” Journal of Risk & Insurance, 75(4), 921-946. Babbel, D. F., 1981, “Inflation, Indexation, and Life Insurance Sales in Brazil,” Journal of Risk and Insurance, 48(1),111-135. Babbel, D. F, 1985, “The Price Elasticity of Demand for Whole Life Insurance,” Journal of Finance, 40(1), 225-239. Bai, J., 1997, “Estimating multiple breaks one at a time,” Econometric Theory, 13(3), 315-352. Bai, J., and P. Perron, 1998, “Estimating and Testing Linear Models with Multiple Structural Changes,” Econometrica, 66(1), 47-78. Beck, T., R. Levine, and N. Loayza, 2000, “Finance and the Sources of Growth, Journal of Financial Economics,” 58(1), 261-300. Beck, T., and I. Webb, 2003, “Economic Demographic, and Institutional Determinants of Life Insurance Consumption Across Countries,” World Bank Economic Review, 17(1), 51-88. Beenstock, M., G. Dickinson, and S. Khajuria, 1986, “The Determination of Life Premiums: An International Cross-Section Analysis 1970-1981,” Insurance Mathematics and Economics, 5, 261-270. Beenstock, M., G. Dickinson, and S. Khajuria, 1988, “The Relationship Between Property-Liability Insurance Premiums and Income: An International Analysis,” Journal of Risk and Insurance, 55(2), 259-272. Berekson, L. L., 1972, Birth Order, “Anxiety, Affiliation and the Purchase of Life Insurance,” Journal of Risk and Insurance, 39, 93-108. Breitung, J., 2000, “The local power of some unit root tests for panel data,” In: Baltagi, B. (Eds.), Advances in Econometrics: Non-stationary Panels, Panel Cointegration, and Dynamic Panels, JAI Press, Amsterdam. Breitung, J. and Das S., 2005, “Panel Unit Root Tests under Cross Sectional Dependency”, Statistica Neerlandic, 22, 382-395. Browne, M.J., and K. Kim, 1993, “An International Analysis of Life Insurance Demand,” Journal of Risk and Insurance, 60(4), 616-634. Browne, M.J., J. Chung, and E. W. Frees, 2000, “International Property-Liability Insurance Consumption,” Journal of Risk and Insurance, 67(1),73-90. Campbell, R. A., 1980, “The Demand for Life Insurance: An Application of the Economics of Uncertainty,” Journal of Finance, 35(5), 1155-1172. Chan, K.S., 1993,. “Consistency and limiting distribution of the least squares estimator of a threshold autoregressive model,” The Annals of Statistics, 21(1), 520-533. Choi, I., 2001, “Unit root tests for panel data,” Journal of International Money and Finance, 20(2), 249–272. Chong, T. T-L., 1994, “Consistency of change-point estimators when the number of change-points in structural change models is underspecified,” Working paper, Chinese University of Hong Kong. Cummins, J. D., and F. Outreville, 1987, “An International Analysis of Underwriting Cycles in Property-Liability Insurance,” Journal of Risk and Insurance, 54, 246-262. Davies, R.B., 1977, “Hypothesis testing when a nuisance parameter is present only under the alternative”, Biometrika, 64, 247-254. Davies, R.B., 1987, “Hypothesis testing when a nuisance parameter is present only under the alternative”, Biometrika, 74, 33-43. Dickey, D.A., and W.A. Fuller, 1979, “Distribution of The Estimation for Autoregressive Time Series with a Unit Root,” Journal of the American Statistical Association, 74, 427-431. Doherty, N., and H. B. Kang, 1988, “Interest Rates and Insurance Price Cycles,” Journal of Banking and Finance, 12, 199-214. Drucker, J. M., 1969, “Expenditures for Life Insurance Among Working-Wife Families,” Journal of Risk and Insurance, 36, 525-533. Enz, Rudolf, 2000, “The S-Curve Relation Between Per-Capita Income and Insurance Penetration,” The Geneva Papers on Risk and Insurance, 25, 396- 406. Esho, N., A. Kirievsky, D. Ward, and R. Zurbruegg, 2004, “Law and the Determinants of Property-Casualty Insurance,” Journal of Risk and Insurance, 71(2), 265-283. Fischer, S., 1973, “A Life Cycle Model of Life Insurance Purchases,” International Economic Review, 14(1), 132-152. Fisher, R.A., 1932, Statistical Methods for Research Workers. 4th Edition, Edinburgh: Oliver & Boyd. Fortune, P., 1973, “A Theory of Optimal Life Insurance: Development and Tests,” Journal of Finance, 28, 587-600. Grace, M.F., and J. Hotchkiss, 1995, “External Impacts on the Property-Liability Insurance Cycle,” Journal of Risk and Insurance, 62, 738-754. Granger, Clive W. J. and P. Newbold, 1974, “Spurious regressions in econometrics,” Journal of Econometrics, 2(2), 111-120. Haiss, P., and K. Sümegi, 2008, “The relationship between insurance and economic growth in Europe: a theoretical and empirical analysis,” Empirica,,35, 405–431. Hadri, K., 2000, “Testing for stationarity in heterogeneous panel data,” Econometrics Journal, 3(2), 148-161. Hakansson, N. H., 1969, “Optimal Investment and Consumption Strategies Under Risk, An Uncertain Lifetime,” and Insurance, International Economic Review, 10(3), 443-466. Hammond, J. D., B. D. Houston, and R. E. Melander, 1967, “Determinants of Household Life Insurance Premium Expenditures: An Empirical Investigation,” Journal of Risk and Insurance, 34(3), 397-408. Hansen, B. E., 1996, “Inference when a nuisance parameter isn’t identified under the null hypothesis,” Econometrical, 64, 413-430. Hansen, B.E., 1999, “Threshold effects in non-dynamic panels: Estimation, testing and inference,” Journal of Econometrics, 93, 345-368. Hansen, B. E., 2000, “Sample splitting and threshold estimation”, Econometrica, 68(3), 575-603. Harrington, S. E., and T. Yu, 2003, “Do Property-Casualty Insurance Underwriting Margins Have Unit Roots?,” Journal of Risk and Insurance, 70(4), 715-733. Headen, Robert S., and J. Finley Lee, 1974, “Life Insurance Demand and Household Portfolio Behavior,” Journal of Risk and Insurance, 41(4), 685-698. Hofstede, G., 1995, “Insurance as a Product of National Values,” Geneva Papers on Risk and Insurance, 20(4), 423-429. Hussels, S., D. Ward and R. Zurbruegg, 2005, “Stimulating the demand for insurance, ” Risk Management and Insurance Review, 8(2), 257-278. Hwang, T. and S. Gao, 2003, “The determinants of the demand for life insurance in an emerging economy: The case of China,” Managerial Finance, 29(5/6), 82-97. Hwang, T. and B. Greenford, 2005, “A cross-section analysis of the determinants of life insurance consumption in Mainland China, Hong Kong, and Taiwan,” Risk Management and Insurance Review, 18(1), 103-125. Im, K.S., M.H., Pesaran and Shin, Y., 2003. Testing for unit roots in heterogeneous panels, Journal of Econometrics, 115(1), 53-74. Jawadi, F., C. Bruneau and N. Sghaier, 2009, “Nonlinear Cointegration Relationships Between Non-life Insurance Premiums and Financial Markets,” The Journal of Risk and Insurance, 76(3), 753-783. King, R.G., and R. Levine, 1993, “Finance and Growth: Schumpeter Might be Right,” Quarterly Journal of Economics, 108(3), 717-737. Kugler, M. And R. Ofoghi, 2005, “Does Insurance Promote Economic Growth? Evidence from the UK,” Money Macro and Finance (MMF) Research Group Conference 2005 with number 8. Kurozumi, E. 2002, “Testing for stationarity with a break,” Journal of Econometrics, 108, 63–99. Leng, C. C., 2006, “Stationary and stability of underwriting profits in property-liability insurance Part Ⅰ,” The Journal of Risk Finance, 7(1), 38-48. Lenten, L. J. A.; D. N. Rulli, 2006, “A Time-Series Analysis of the Demand for Life Insurance Companies in Australia: An Unobserved Components Approach,” Australian Journal of Management, 31 (1), 41-66. Levine, R., and S. Zervos, 1996, “Stock Market Development and Long-Run Growth,” Word Bank Economic Review, 10(2), 323-339. Levine, R., and S. Zervos, 1998, “Stock Markets, Banks, and Economic Growth,” American Economic Review, 88(3), 537-558. Levine, R., 1999, “Law, Finance, and Economic Growth,” Journal of Financial Intermediation, 8(1-2), 8-35. Levine, R., N. Loayza, and T. Beck, 2000, “Financial Internation and Growth: Causality and Causes,” Journal of Monytary Economics, 46(1), 31-77. Levin, A., Lin, C.F., Chu, C.S., 2002, “Unit root tests in panel data: asymptotic and finite-sample properties,” Journal of Econometrics 108(1), 1-24. Levine, R., 2004, “Finance and Growth: theory and evidence,” NBER Working Paper 10766. Lewis, Frank D., 1989, “Dependents and Demand for Life Insurance,” American Economic Review, 79 (3): 452- 467. Li, D., F. Moshirian, P. Nguyen, and T. Wee, 2007 “The Demand for Life Insurance in OECD Countries,” Journal of Risk & Insurance, 74 (3), 637-652. Lim, C. C. and Haberman S., 2003, “Macroeconomic Variables and the Demand for Life Insurance in Malaysia,” Faculty of Actuarial Science and Statistics, CASS Business School, City University London. Maddala, G.S., and S. Wu, 1999, “A comparative study of unit root tests with panel data and a new simple test,” Oxford Bulletin of Economics and Statistics, 61, 631–652. Nelson, C.R., and C.I. Plosser, 1982, “Trends and Random Walks in Macroeconomic Time Series: Some Evidence and Implications,” Journal of Monetary Economics, 10(2), 139-162. Newey, W.K., and K.D West, 1994, “Automatic Lag Selection in Covariance Matrix Estimation,” The Review of Economic Studies, 61(4), 631-653. Outreville, J. F., 1990, “The Economic Significance of Insurance Markets in Developing Countries,” Journal of Risk and Insurance, 57(2), 487-498. Outreville, J. F., 1992, “The Relationship Between Insurance,” Financial Development and Market Structure in Developing Countries, UNCTAD Review, 3: 53-69. Outreville, J. F., 1996, “Life Insurance Markets in Developing Countries,” Journal of Risk and Insurance, 63(2), 263-278. Park H, Borde SF, Choi Y, 2002, “Determinants of insurance pervasiveness: a cross-national analysis,” International Business Review, 11(1), 79-96. Patrick, H., 1966, “Financial Development and Economic Growth in Underdeveloped Countries,” Economic Development and Cultural Change, 14(2), 174-189. Sen, S. and S. Madheswaran, 2007, “Are Life Insurance Demand Determinants valid for Selected Asian Economies and India?,” the 11th Annual Meeting of APRIA, NCCU Taipei. Shin, Y. and Snell A., 2000, “Testing for Stationarity in Heterogeneous Panels with Serially Correlated Errors,” Technical Report, Department of Economics, University of Edinburgh Skipper, Harold, Jr., 1997, “Foreign Insurers in Emerging Markets: Issues and Concerns,” Center for Risk Management and Insurance, Occasional Paper 97-2. Tong, H., 1978, On a Threshold Model, in C.H. Chen (ed.), Pattern Recognition and Signal Processing, Amsterdam: Sijthoff & Noordhoff, 101-141. Tong, H. and Lim K., 1980, “Threshold Autoregressions, Limit Cycles, and Data,” Journal of the Royal Statistical Society, 42, 245-292. Tong, H., 1983, Threshold Models in Non-Linear Time Series Analysis, Spring-Verlag, New York. Truett, D. B. and L. J. Truett, 1990, “The Demand for Life Insurance in Mexico and the United States: A Comparative Study,” Journal of Risk and Insurance, 57, 321-328. Venezian, E., 1985, “Ratemaking Methods and Profit Cycles in Property and Liability Insurance,” Journal of Risk and Insurance, 52, 199-221. Wachtel, P., 2003, “How Much do We Really Know about Growth and Finance?,” Federal Reserve Bank of Atlanta Economic Review, First Quarter, 33-47. Ward D. and R. Zurbruegg, 2000, “Does Insurance Promote Economic Growth? Evidence From OECD Countries,” Journal of Risk and Insurance, 67(4), 489-506. Ward, D. and R. Zurbruegg, 2002, “Law, Politics and Life Insurance Consumption in Asia,” The Geneva Paper on Risk and Insurance, 27 (3), 395-412. Webb, I., M.F. Grace, and H. Skipper, 2005. “The effect of banking and insurance on the growth of capital and output”, SBS Revista de Temas Financieros (Journal of Financial Issues) 2(2), 1-32. Yaari, M., 1965, “Uncertain Lifetime, Life Insurance and the Theory of the Consumer,” Review of Economic Studies, 32, 137-150. Zheng, W., Y. Liu and G. Dickinson, 2008, “The Chinese Insurance Market: Estimating its Long-Term Growth and Size,” The Geneva Papers, 33, 489-506. Zietz, E. N., 2003, An Examination of the Demand for Life Insurance, Risk Management and Insurance Review, 6,159-91.
Essay 2 References
Adams, M., J. Andersson, L. F. Andersson and M. Lindmark, 2009, “Commercial banking, insurance and economic growth in Sweden between 1830 and 1998, Accounting, Business & Financial History,” 19(1), 21-38. Arena, M., 2008, “Does Insurance Market Activity Promote Economic Growth? A Cross-country Study for Industrialized and Developing Countries, Journal of Risk & Insurance, 75(4),” 921-946. Arestis, P., and P. Demetriades, 1997, “Financial Development and Economic Growth: Assessing the Evidence,” Economic Journal, 107(442): 783-799. Amit, R. and P. J. H. Schoemaker, 1993, “Strategic assets and organizational rent”, Strategic Management Journal, 14(1): 33-46. Armitage, S. and P. Kirk., 1994, “The Performance of Proprietary Compared with Mutual Life Offices.” The Service Industries Journal, 14, 238-261. Babbel, D. F., and K. Staking, 1983, “A Capital Budgeting Analysis of Life Insurance Costs in the United States: 1950–1979,” Journal of Finance, 38(1): 149-170. Bain, J. S., 1956, Barriers to new competition, Cambridge, MA: Harvard University Press. Barney, J. B., 1991, “Firm Resources and Sustained Competitive Advantage”, Journal of Management, 17(1), 99-120. Beck, T., and I. Webb, 2003, “Economic Demographic, and Institutional Determinants of Life Insurance Consumption Across Countries,” World Bank Economic Review, 17(1): 51-88. Beenstock, M., G. Dickinson, and S. Khajuria, 1986, “The Determination of Life Premiums: An International Cross-Section Analysis 1970-1981,” Insurance Mathematics and Economics, 5: 261-270. Beenstock, M., G. Dickinson, and S. Khajuria, 1988, “The Relationship Between Property-Liability Insurance Premiums and Income: An International Analysis,” Journal of Risk and Insurance, 55(2), 259-272. Berekson, L. L., 1972, “Birth Order, Anxiety, Affiliation and the Purchase of Life Insurance,” Journal of Risk and Insurance, 39: 93-108. Bosworth B. and J. Triplett, 2004, “Price, output and productivity of insurance.” In: Bosworth B, Triplett J (eds) Services productivity in the United States: New sources of economic growth. Brookings Institution Press, Washington DC, pp 123-177. Browne, M.J. and K. Kim, 1993, “An International Analysis of Life Insurance Demand,” Journal of Risk and Insurance, 60(4): 616-634. Browne, M.J., J. Chung, and E. W. Frees, 2000, “International Property-Liability Insurance Consumption,” Journal of Risk and Insurance, 67(1):73-90. Campbell, R. A., 1980, “The Demand for Life Insurance: An Application of the Economics of Uncertainty,” Journal of Finance, 35(5):1155-1172. Catalan, M., G. Impavidom and A. R. Musalem, 2000, “Contractual Savings or Stock Markets Development: Which Leads?,” Policy Research Paper Nr. 2421, World Bank, Washington. Caves, R. R., 1982, Multinational enterprise and economic analysis, Cambridge University Press: Cambridge, U. K. Chan, C. M., T. Isobe and S. Makino , 2008, “Which country matters? Institutional development and foreign affiliate performance, ” Strategic Management Journal, 29: 1179-1205. Chen, T. Y., 1999, “Determining the Comparative Efficient Units of Insurance Industries through DEA.” Journal of Professional Services Marketing, 18(2), 105-118. Christmann, P., D. Day and G. S. Yip , 1999, “The relative influence of country conditions, industry structure, and business strategy on multinational corporation subsidiary performance, ” Journal of International Management, 5: 241-265. Combs, J. G. and D. J. Ketchen , 1999, “Explaining interfirm cooperation and performance: toward a reconciliation of predictions form the resource-based view and organization economics, ” Strategic Management Journal 20(9): 867-888. Conner, K. R. and C. K. Prahalad, 1996, “A Resource-based of the Firm: Knowledge versus Opportunism,” Organization Science, 7(5), 477-501 Cummins, J. D. and M. A. Weiss, 1993, “Measuring Cost Efficiency in the Property-Liability Insurance Industry,” Journal of Bank and finance, 17, 463-481. Cummins, J. D., S. Tennyson, and M. A. Weiss, 1999, “Consolidation and Efficiency in the US Life Insurance Industry,” Journal of Banking & Finance, 23, 325-357. Cummins, J. D.and M. Rubio-Misas, 2006, “Deregulation, Consolidation, and Efficiency: Evidence from the Spanish Insurance Industry,” Journal of Money, Credit and Banking, 38(2): 323-355. Dacin, M. T., J. Goodstein and W. R. Scott, 2002, “Institutional theory and institutional change: Introduction to the special research forum,” Academy of Management Journal, 45(1): 45-57. Dierickx, I. and K. Cool, 1989, “Asset stock accumulation and sustainability of competitive advantage,” Management Science, 35: 1504-1514. Donni, O. and F. Fecher, 1997, “Efficiency and Productivity of the Insurance Industry in the OECD Countries,” The Geneva Papers on Risk and Insurance, 22 (84), 523-535. Drucker, J. M., 1969, “Expenditures for Life Insurance Among Working-Wife Families,” Journal of Risk and Insurance, 36: 525-533. Enz, Rudolf, 2000, “The S-Curve Relation Between Per-Capita Income and Insurance Penetration,” The Geneva Papers on Risk and Insurance, 25: 396- 406. Fang, E., R. W. Palmatier and J. E. M. Steenkamp, 2008, “Effects of service transition strategies on firm value,” Journal of Marketing, 72: 1-14. Fecher, F., D. Kessler, S. Perelman, and P. Pestieau, 1993, “Productive Performance of the French Insurance Industry,” Journal of Productive Analysis, 4(1-2), 77-93. Fukuyama, H., 1997, “Investigating Productive Efficiency and Productivity Changes of Japanese Life Insurance Companies,” Pacific-Basin Finance Journal, 5, 481-509. Fligstein, N., 1996, “Markets as politics,” American Sociological Review 61:656-673. Galbreath, J. and P. Galvin , 2008, “Firm factors, industry structure and performance variation: new empirical evidence to a classic debate,” Journal of Business Research, 61: 109-117. Gardner, L. A. and M. F. Grace, 1993, “X-Efficiency in the US Life Insurance Industry,” Journal of Banking and Finance, 17, 497-510. Goddard, J., M. Tavakoli and J. O. S. Wilson, 2009, “Sources of variation in firm profitability and growth,” Journal of Business Research, 62: 495-508. Haiss, P., and K. Sümegi, 2008, “The relationship between insurance and economic growth in Europe: a theoretical and empirical analysis,” Empirica,,35, 405–431. Hammond, J. D., B. D. Houston, and R. E. Melander, 1967, “Determinants of Household Life Insurance Premium Expenditures: An Empirical Investigation,” Journal of Risk and Insurance, 34(3): 397-408. Hawawini, G., V. Subramanian and P. Verdin , 2003, “Is performance driven by industry- or firm- specific factors? A new look at the evidence,” Strategic Management Journal, 24:1-16. Hawawini, G., V. Subramanian and P. Verdin, 2004, “The home country in the age of globalization: how much does it matter for firm performance,” Journal of World Business, 39: 121-135. Headen, Robert S., and J. Finley Lee, 1974, “Life Insurance Demand and Household Portfolio Behavior,” Journal of Risk and Insurance, 41(4): 685-698. Hofmann, D. A., 1997, “An Overview of the Logic and Relation of Hierarchiacl Linear Models,” Journal of Management, 23(6): 723-744. Hofstede, G., 1995, “Insurance as a Product of National Values,” Geneva Papers on Risk and Insurance, 20(4): 423-429. Hitt, M. A., D. Ahlstrom, M. T. Dacin, E. Levitas and L. Svobodina, 2004, “The institutional effects on strategic alliance partner selection in transition economies: China vs. Russia,” Organization Science, 15, no.2:173-185. Jonsson, S. and P. Regner, 2009, “Normative barriers to imitation: social complexity of core competences in a mutual fund industry,” Strategic Management Journal, 30:517-536. Katrishen F. A., N. A. Scordis, 1998,” Economies of Scale in Services: A Study of Multinational Insurers,” Journal of International Business Studies,29(2): 305-324. Kostova, T. and S Zaheer , 1999, “Organizational legitimacy under conditions of complexity: the case of multinational enterprise,” Academy of Management Review, 24(1): 64-81. Kugler, M. And R. Ofoghi, 2005, “Does Insurance Promote Economic Growth? Evidence from the UK,” Money Macro and Finance (MMF) Research Group Conference 2005 with number 8. Lenten, L. J. A.; D. N. Rulli, 2006, “A Time-Series Analysis of the Demand for Life Insurance Companies in Australia: An Unobserved Components Approach,” Australian Journal of Management, 31 (1), 41-66. Levine, R., and S. Zervos, 1996, “Stock Market Development and Long-Run Growth,” Word Bank Economic Review, 10(2): 323-339. Levine, R., and S. Zervos, 1998, “Stock Markets, Banks, and Economic Growth,” American Economic Review, 88(3): 537-558. Levine, R., 2004, “Finance and Growth: Theory and Evidence,” NBER Working Paper 10766. Li, D., F. Moshirian, P. Nguyen, and T. Wee, 2007, “The Demand for Life Insurance in OECD Countries,” Journal of Risk & Insurance, 74 (3), 637-652. Lim, C. C. and Haberman S., 2003, “Macroeconomic Variables and the Demand for Life Insurance in Malaysia,” Faculty of Actuarial Science and Statistics, CASS Business School, City University London. Liu, Z. and J. Xiao, 2006, “The Accumulation of Human Capital Over Time and its impact on Salary Growth in China,” Education Economics, 14(2), 155-180. Makino, S., T. Isobe and C. M. Chan, 2004, “Does country matter?,” Strategic Management Journal, 25: 1024-1043. Mahoney, J. T. and Pandian J. R., 1992, “The Resource Based View within the Conversation of Strategic Management,” Strategic Management Journal, 13(5), 363-380. McGahan, A. M. and M. E. Porter, 1997, “How much does industry matter, really?,” Strategic Management Journal, Summer Special Issue, 18: 15-30. McNamara G, F. Aime, P. M. Vaaler, 2005, ”Is performance driven by industry- or firm- specific factors? A response to Hawawini, Subramanian and Verdin,” Strategic Management Journal, 26(11):1075–1081. Miller, D and J. Shamsie, 1996, “The resource-based view of the firm in two environments: the Hollywood film studios from 1936-1965,” Academy of Management Journal, 39: 519-543. Miles W., 2003, “The role of non-bank financial intermediaries in propagating Korea''s financial crisis,” Review Pacific Basin Financial Markets Policies 6(1), 45-61. Misangyi, V. F., H. Elms, T. Greckhamer and J. A. Lepine, 2006, “A new perspective on a fundamental debate: a multilevel approach to industry, corporate, and business unit effects,” Strategic Management Journal, 27: 571-590. Nelson, R. R., 1991, “Why do Firms Differ, and How Does It Matter?”, Strategic Management Journal, Winter Special Issue, 12: 61-74 Newbert, S. L., 2007, “Empirical research on the resource-based view of the firm: an assessment and suggestions for future research,” Strategic Management Journal, 28: 121-146. North, D., 1990, Institutions, Institutional Change and Economic Performance. Cambridge University, Cambridge, U.K. Noulas, A. G., T. Hatzigayios, J. Lazaridis, and K. Lyroudi, 2001, “Non-Parametric Production Frontier Approach to the Study of Efficiency of Non-Life Companies in Greece.” Journal of Financial Management and Analysis, 14(1), 19-26. Outreville, J. F., 1990, “The Economic Significance of Insurance Markets in Developing Countries,” Journal of Risk and Insurance, 57(2), 487-498. Outreville, J. F., 1992, “The Relationship Between Insurance, Financial Development and Market Structure in Developing Countries,” UNCTAD Review, 3: 53-69. Outreville, J. F., 1996, “Life Insurance Markets in Developing Countries,” Journal of Risk and Insurance, 63(2):263-278. Pagano, M., 1993, “Financial Markets and Growth: An Overview,” European Economic Review, 37(1): 613-622. Peng, M. W., 2002, “Towards an institution-based view of business strategy,” Asia Pacific Journal of Management, 19: 251-267. Peng M. W., D. YL.Wang And Y. Jiang, 2008, “An institution-based view of international business strategy: a focus on emerging economies,” Journal of Business Studies”, 39: 920-936. Penrose, E., 1959, The Theory of the Growth of the Firm, Basil Blackwell, London. Peteraf, M. A., 1993, “The Cornerstones of Competitive Advantage: A Resource-based View”, Strategic Management Journal, 14(3), 179-191. Porter, M. E., 1980, Competitive Strategy, Free Press: New York. Porter, M. E., 1990, The Competitive Advantage of Nations, Free Press: New York. Prichatt, S. T., 1973, “Operating Expense of Life Insurance 1961-1970: Implications for Economies of Size.” Journal of Risk and Insurance, 40, 157-165. Raudenbush, S.W., A. S. Bryk, 2002, Hierarchical Linear Models: Applications and Data Analysis Methods. Newbury Park, Sage, CA. Rondinelli, D. A., and J. N. Behrman, 2000, “The institutional imperatives of globalization,” Global Focus, 12: 65-78. Rumelt, R. P., 1991, “How much does industry matter?,” Strategic Management Journal, 12(3): 167-185. Rumelt, R. P., 1995, Inertia and transformation. In Resource-Based and Evolutionary Theories of the Firm: Towards a Synthesis, Montgomery CA (ed). Kluwer Academic: Boston, MA; 71-100. Schmalensee, R., 1985, “Do markets differ much?,” American Economic Review, 75(3): 341-351. Schreyogg, G. and M. Kliesch-eberl, 2007, “How Dynamic Can Organizational Capabilities Be? Towards a Dual-Process Model of Capability Dynamization,” Strategic Management Journal, Vol. 28, pp. 913-33. Scott, W. R., 2001, Institutions and Organizations. Thousand Oaks, CA: Sage. Short, J. C., D. J. JR Ketchen, T. B. Palmer and G. T. M. Hult, 2007, “Firm, strategic group, and industry influences on performance,” Strategic Management Journal, 28: 147-167. Skipper, H. D. Jr., 1997, “Foreign Insurers in Emerging Markets: Issues and Concerns,” Center for Risk Management and Insurance, Occasional Paper 97-2. Smith, K. G., K. A. Smith, J. D. Olian, H. O. Sims, D. P. O’Bannon and J. A. Scully , 1994, “Top Management demography and process: the role of social integration and communication,” Administrative Science Quarterly, 39: 412-438. Snijders, T., and R. Bosker, 1999, Multilevel analysis: An introduction to basic and advanced multilevel modeling, Thousands Oaks, CA: Sage Publications. Truett, D. B. and L. J. Truett, 1990, “The Demand for Life Insurance in Mexico and the United States: A Comparative Study,” Journal of Risk and Insurance, 57: 321-328. Venezian, E., (1985), “Ratemaking Methods and Profit Cycles in Property and Liability Insurance,” Journal of Risk and Insurance, 52: 477-500. Ward D. and R. Zurbruegg, 2000, “Does Insurance Promote Economic Growth? Evidence From OECD Countries,” Journal of Risk and Insurance, 67(4):489-506. Ward, D. and R. Zurbruegg, 2002, “Law, Politics and Life Insurance Consumption in Asia,” The Geneva Paper on Risk and Insurance, 27 (3): 395-412. Webb, I., M.F. Grace, and H. Skipper, 2005. “The effect of banking and insurance on the growth of capital and output”, SBS Revista de Temas Financieros (Journal of Financial Issues) 2(2), pp. 1-32. Weiss, M. A., (1986), “Analysis of Productivity at the Firm Level: An Application to Life Insurers.” Journal of Risk and Insurance, 53, 49-84. Wernerfelt, B., 1984, “A resource-based View of the Firm,” Strategic Management Journal, 5(2), 171-180. Yamakawa, Y., M. W. Peng and D. L. Deeds, 2008, “What drives new ventures to internationalize from emerging to developed economies?,” Entrepreneurship Theory and Practice, January: 59-82. Zott, C., 2003, “Dynamic capabilities and the emergence of intraindustry differential performance: insights from a simulation study,” Strategic Management Journal, 24(2): 97-125.
|