Have a personal or library account? Click to login
Measuring the Concentration of Insurance sector – the Case of Southeastern European Countries Cover

Measuring the Concentration of Insurance sector – the Case of Southeastern European Countries

Open Access
|Mar 2018

References

  1. Aćimović, S. (2008). Dominant Positions in the Market-Problem or Not? In Drašković, B., Vuković, V. (eds.). Market Structure and Competitiveness Protection, Experiences from the Transition Countries, Belgrade, Institute of Economic Sciences, pp. 33-45.
  2. Albanian Financial Supervisory Authority (2007-2012). Insurance Geography Statistical Report (2007-2012). Retrieved from: http://www.amf.gov.al/statistika.asp?id=1&s=1
  3. Athanasoglou, P.P., Delis, M.D., & Staikouras C.K. (2006). Determinants of Bank Profitability in the South eastern European Region. Bank of Greece, Working paper No. 47.10.2139/ssrn.4163741
  4. Beck T., Demirgüç-Kunt A, Levine R. (2003). Bank concentration and crises, NBER working paper No. 9921.10.1596/1813-9450-3041
  5. Bikker, J.A., & Haff, K. (2000). Measures of Competition and Concentration in the Banking Industry: a Review of a Literature. De Nederlandsche Bank, Research series supervision No. 27.
  6. Bikker J.A., & Haff K. (2001). Competition, concentration and their relationship: An empirical analysis of the banking industry, DNB staff report No.68, De Nederlandische Bank.
  7. Chamberlain E. (1929). Duopoly: Value where sellers are few, Quarterly Journal of Economics, 43, pp. 63-100.10.2307/1885441
  8. Croatian insurance bureau (2007-2012). Insurance market in the Republic of Croatia (2007-2012). Retrieved from: https://www.huo.hr/eng/publications/50/
  9. Ćurak, M., Poposki, K., & Pepur, S. (2012). Profitability Determinants of the Macedonian Banking Sector in Changing Environment. Procedia - Social and Behavioral Sciences, 44, pp. 406–416, https://doi.org/10.1016/j.sbspro.2012.05.04510.1016/j.sbspro.2012.05.045
  10. Dimić M. (2015). Analysis of concentration level in banking and insurance sector in SEE countries, PhD dissertation, Singidunum University, Belgrade
  11. Dimić M., Barjaktarović L. (2017). Ownership transformation of the banking sector in SEE countries, Bankarstvo Journal, Vol. 46, No.1, pp.84-103.10.5937/bankarstvo1701084D
  12. Dumićić, K., Pavković, A., & Akalović-Antić, J. (2012). Measuring the concentration in banking in the Republic of Croatia, Proceeding of the Faculty of Economics and Business in Zagreb, 10(2), pp. 117-136.
  13. Financial Supervision Commission in Bulgaria (2007-2012). Statistics for the Non-life and Life Insurance Companies (2007-2012). Retrieved from: http://www.fsc.bg/en/markets/insurance-market/statistics/
  14. Hall, M. & Tideman, N. (1967). Measures of Concentration. Journal of the American Statistical Association, 62, pp. 162-168, http://dx.doi.org/10.2307/228291910.2307/2282919
  15. Hall R. & Hitch C. (1999). Price theory and business behavior, Oxford Economic papers, 2, pp. 12-145.10.1093/oxepap/os-2.1.12
  16. Hawkins, J., & Mihaljek, D. (2001). The Banking Industry in the Emerging Market Economies: Competition, Consolidation and Systemic Stability, BIS Paper No.4. Retrieved from: http://www.bis.org/publ/bppdf/bispap04a.pdf
  17. Insurance Agency of BiH (2007-2012). BiH Insurance Market Statistics (2007-2012). Retrieved from: http://www.azobih.gov.ba/cms/index.php?option=com_content&task=view&id=92&Itemid=71
  18. Insurance Europe (2014). European Insurance in Figures (Januar-Februar 2014). Retrieved from: http://www.insuranceeurope.eu/search/type/Publication.
  19. Insurance Information Institute (2010-2011, 2013-2014). International Insurance Fact Book (2010-2011, 2013-2014). Retrieved from: http://www.iii.org/publications
  20. Insurance Supervision Agency of Montenegro (2007-2012). Report on Insurance Market in Montenegro (2007-2012). Retrieved from: http://www.ano.me/en/index.php?option=com_phocadownload&view=category&id=2:&Itemid=69
  21. Insurance Supervision Agency Republic of Macedonia (2009-2012). Report on the Scope and Content of the Insurance Operations (2009-2012). Retrieved from: http://www.aso.mk/index.php?option=com_fjrelated&view=fjrelated&id=0&Itemid=91&lang=en
  22. International Monetary Fund (IMF) (2010, 2013). World Economic Outlook (2010, 2013). Retrieved from: http://www.imf.org/external/pubs/ft/weo/2013/02/
  23. Kostić, M. (2008). Measurement of Industrial Supply Concentration. Economic Horizons, 10 (1), pp. 89-108. Retrieved from: http://www.horizonti.ekfak.kg.ac.rs/sites/default/files/Casopis/2007/6_Milan_Kostic.pdf
  24. Kraft E. (2007). What is the level of concentration in the banking sector of Croatia? Retrieved from http://www.hnb.hr/publikac/istrazivanja/i-019.pdf
  25. Kundid, A., Škrbić, B., &, Ercegovac, R. (2011). Determinants of Bank Profitability in Croatia. Croatian Operational Research Review (CRORR), 2, pp. 168–182.
  26. Lipczynski, J., & Wilson, J. (2001). Industrial Organisation - an Analysis for Compatitive Markets. Harlow: Prentice Hall.
  27. Ljubaj, I. (2005). Concentration Indicators of Banking Sector in the Republic of Croatia. Croatian National Bank.
  28. Marinković, S. (2007). The Industrial Concentration in Serbian Banking: The Degree and its Dynamics. Economic Themes, 31(2), 283-299. Retrieved from: http://teme2.junis.ni.ac.rs/public/journals/1/previousissues/teme2-2007/teme2-2007-06.pdf
  29. Martin, S. (2002). Advanced Industrial Economics. Oxford, UK: Blackwell Publishers Ltd.
  30. Mc Conell, C.R., & Brue, S.L. (1996). Microeconomics - Principles, Problems and Policies. London: McGraw Hill Inc.
  31. Miljković M., Filipović S. & Tanasković S. (2013). Market concentration in the banking sector – Evidence from Serbia, Industrija, 41 (2), 7-25.10.5937/industrija41-4064
  32. National Bank of Serbia (2007-2012). Insurance Supervision, Insurance Sector Reports (2007-2012). Retrieved from: http://www.nbs.rs/internet/english/60/60_6/index.html
  33. National Bank of Serbia (2016). Insurance Supervision, Insurance Companies Operations, Total Insurance Premium by Insurance Companies and Types of Insurance. Retrieved from: http://www.nbs.rs/internet/english/60/60_2/index.html
  34. Njegomir, V., & Stojić, D. (2011). Liberalisation and Market Concentration Impact on Performance of the Non-life Insurance Industry: The Evidence from Eastern Europe, The International Association for the Study of Insurance Economics 1018-5895/11, The Geneva Papers. 36 (1), pp. 94-106, http://dx.doi.org/10.1057/gpp.2010.3210.1057/gpp.2010.32
  35. Organization for Economic Co-operation and Development (OECD) (2011). The Impact of the Financial Crisis on the Insurance Sector and Policy Responses. Retrieved from: http://www.oecd.org/daf/ca/corporategovernanceprinciples/theimpactofthefinancialcrisisontheinsurancesectorandpolicyresponses.htm
  36. Romanian Insurance Supervisory Commission (2012). Report on the Romanian Insurance Market and the Insurance Supervision in 2012. Retrieved from: http://asfromania.ro/en/
  37. Stojanović, B., Stanišić, T., & Veličković, M. (2010). Problem zaštite konkurencije u trgovini na malo u Srbiji. Škola biznisa, 3, pp. 57-66. Retrieved from: http://www.vps.ns.ac.rs/SB/2010/3.7.pdf
  38. Swiss Re, Sigma (2007-2012). Insurance Research. World Insurance. Retrieved from: http://institute.swissre.com/research/overview/.
  39. Sweezy P. (1939). Demand under conditions of oligopoly, Journal of Political Economy. 47, pp. 468-473, https://doi.org/10.1086/25542010.1086/255420
  40. Šubić, R. (2009). Role of Foreign Banks in Integration of Banking Industry. Economic Journal, 22(2), pp. 296-313.
  41. Zingales L., Raghuram R. (2003). Banks and Markets: The Changing Character of European Finance, NBER Working Paper No. 959510.3386/w9595
DOI: https://doi.org/10.2478/orga-2018-0004 | Journal eISSN: 1581-1832 | Journal ISSN: 1318-5454
Language: English
Page range: 50 - 64
Submitted on: Jul 14, 2017
Accepted on: Dec 4, 2017
Published on: Mar 24, 2018
Published by: University of Maribor
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2018 Maja Dimić, Lidija Barjaktarović, Olja Arsenijević, Polona Šprajc, Janez Žirovnik, published by University of Maribor
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.