Does Gibrat’s law hold in the insurance industry of china? A test with sequential panel selection method

This study applies the Sequential Panel Selection Method to investigate whether the growth rate of total insurance premium is independent of their size, as postulated by Robert Gibrat’s (1931) Law of Proportionate Effects. Time-series data for the total insurance premium of 35 insurance companies...

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Bibliographic Details
Main Authors: Pan Guochen, Chen Sen-Sung, Chang Tsangyao
Format: Article
Language:English
Published: Economists' Association of Vojvodina 2012-01-01
Series:Panoeconomicus
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/1452-595X/2012/1452-595X1203311P.pdf