000 01566cam a2200241 4500500
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041 _afre
042 _adc
100 1 0 _aSawadogo, Relwendé
_eauthor
700 1 0 _a Guérineau, Samuel
_eauthor
700 1 0 _a Ouedraogo, M. Idrissa
_eauthor
245 0 0 _aForeign direct investment and insurance in developing countries: Beyond the income effect
260 _c2019.
500 _a21
520 _aThis article studies the impact of FDI inflows on non-life insurance penetration in 76 developing countries over the period 1996–2011. It takes as its basis two effects that are well documented in the literature: (i) that FDI contributes to an increase in income per capita, and (ii) that higher income per capita promotes the development of insurance, especially non-life insurance. The objective of this work is to show that FDI contributes to the development of the insurance sector beyond the income effect. The estimations show that FDI does indeed have this additional effect beyond the income effect, but that its magnitude is conditioned on the legal certainty of contracts and individuals.JEL Codes: G22, F21, O50, O11, C33.
690 _apanel data
690 _adeveloping countries
690 _aforeign direct investment
690 _aincome per capita
690 _ainsurance premiums
786 0 _nRevue d’économie du développement | 26 | 4 | 2019-09-13 | p. 69-97 | 1245-4060
856 4 1 _uhttps://shs.cairn.info/journal-revue-d-economie-du-developpement-2018-4-page-69?lang=en&redirect-ssocas=7080
999 _c709716
_d709716