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Information Asymmetry and Insurance in Africa.
- Source :
-
Journal of African Business . Aug2021, Vol. 22 Issue 3, p394-410. 17p. - Publication Year :
- 2021
-
Abstract
- In this study, we assess the relevance of decreasing information asymmetry on life and non-life insurance consumption, by using data from 48 African countries during the period 2004–2014. Reduced information asymmetry is proxied by information sharing offices, namely: public credit registries and private credit bureaus. The empirical evidence is based on the Generalized Method of Moments. The findings show that information sharing offices increase insurance consumption with a comparatively higher magnitude in life insurance penetration, relative to non-life insurance penetration. Practical and theoretical implications are discussed. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 15228916
- Volume :
- 22
- Issue :
- 3
- Database :
- Academic Search Index
- Journal :
- Journal of African Business
- Publication Type :
- Academic Journal
- Accession number :
- 151552309
- Full Text :
- https://doi.org/10.1080/15228916.2020.1812980