Since 2014
Insurance Industry and Non-Agriculture Sector of Nepal: An Empirical Study
Banking Journal
View Archive Info| Field | Value | |
| Title |
Insurance Industry and Non-Agriculture Sector of Nepal: An Empirical Study
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| Creator |
Gaire, Hom Nath; Deputy Director, Confederation of Nepalese Industries (CNI)
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| Subject |
Economics
Granger Causality; Insurance Industry; Non-Agriculture Real GDP |
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| Description |
In this paper, an attempt has been made to analyse relationship between Nepalese insurance industry and the non-agriculture sector using the annual data of the period of 1997 to 2010. In order to accomplish this goal, unit root test, co-integration test, granger causality test, and ordinary least square method of regression analysis have been performed. The empirical result from the co-integration tests clearly shows that there is a long-run relationship between total premium collection and Resources/Liabilities of Nepalese insurance industry vis-รก-vis non-agriculture real GDP. Likewise, the null hypotheses that the total premium collection and Resource/Liabilities does not granger cause non-agriculture and real GDP of Nepal and was rejected. Moreover, estimated coefficients of regression models also indicate that there is strong positive correlation between the insurance industry and non-agriculture sector of Nepal. DOI: http://dx.doi.org/10.3126/bj.v3i1.7510 Banking Journal Vol.3(2) 2013 pp.43-60
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| Publisher |
Nepal Bankers' Association
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| Contributor |
—
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| Date |
2013-01-27
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-Reviewed Article — |
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| Format |
application/pdf
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| Identifier |
http://www.nepjol.info/index.php/BJ/article/view/7510
10.3126/bj.v3i1.7510 |
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| Source |
Banking Journal; Vol 3, No 1 (2013); 43-60
2091-0614 2091-0606 |
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| Language |
eng
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| Relation |
http://www.nepjol.info/index.php/BJ/article/view/7510/6100
http://www.nepjol.info/index.php/BJ/article/downloadSuppFile/7510/747 |
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| Coverage |
Nepal
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