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Productivity and Efficiency Performance of the Malaysian Life Insurance Industry

Jurnal Ekonomi Malaysia

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Title Productivity and Efficiency Performance of the Malaysian Life Insurance Industry
 
Creator Abu Mansor, Shazali
Radam, Alias
 
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Description Kajian ini adalah satu usaha bagi mengukur produktiviti  dalam inductri nyawa berasaskan kaedah "Malmquist Non-parametrics Index'. Kajian ini mendapati bahawa walaupun produktiviti industri insuran meningkat tetapi secara relatif pertumbuhannya rendah berbanding dengan pertumbuhan sebenar ekonomi Malaysia. Sama seperti sektor pembuatan, pertumbuhan masa depan sektor ini amat bergantung kepada keupayaaannya bersaing secara cekap. ABSTRACTThis study attempts to measure the productivity of the life insurance industry by employing the non-parametric Malmquist Index approach. The finding shows that despite the productivity growth in the insurance industry, it is relatively low compared to real economic growth in the insurance industry, it is relatively low compared to the real economic growth experienced by Malaysia. Like the manufacturing sector, the future growth this industry would depand on its ability compete efficiently. Being able to provide service in an efficient way would be an important source of comparative advantage under the era of globalization. The results also suggest that both technical efficiency and technical progress contribute to the overall productivity growth of the industry.
 
Publisher Universiti Kebangsaan Malaysia
 
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Date 2000-12-31
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
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Format application/pdf
 
Identifier http://ejournal.ukm.my/jem/article/view/2387
 
Source Jurnal Ekonomi Malaysia; Vol 34 (2000): Jurnal Ekonomi Malaysia
0126-1962
 
Language eng
 
Relation http://ejournal.ukm.my/jem/article/view/2387/1662
 
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