Record Details

INVESTMENT IN EDUCATION AS A KEY DETERMINANT OF AGRICULTURAL INSURANCE GROWTH

CBU International Conference on Innovation in Science and Education

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Field Value
 
Title INVESTMENT IN EDUCATION AS A KEY DETERMINANT OF AGRICULTURAL INSURANCE GROWTH
 
Creator Adzic, Sofija; University of Novi Sad
Stojic, Dragan; University of Novi Sad
 
Description The main objective of this paper is to examine the impact of education, on decision tu purchase insurance. We measure the impact of education both through years of formal education and capital invested in research and development. The focus is on insurance in agriculture, due to the fact that Serbia, and it's prominent province of Vojvodina possess mainly agricultural lands. We use regression method incorporating several macro-economic variables as control variables: GDP per capita, index of economic freedom, foreign direct investments and private sector credit, to name few. Main results indicate significant and positive influence of education, as the educational elasticity of demand for insurance is significantly higher than one.
 
Publisher Central Bohemia University, o.p.s.
 
Contributor
 
Date 2013-06-30
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://ojs.journals.cz/index.php/CBUConference2013/article/view/23
10.12955/cbup.2013.23
 
Source CBU International Conference Proceedings; Vol 1 (2013): CBU International Conference Proceedings 2013; pp. 118-124
1805-9961
1805-997X
 
Language eng
 
Relation http://ojs.journals.cz/index.php/CBUConference2013/article/view/23/26