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Eficiência das seguradoras em Portugal : uma abordagem da fronteira estocástica

datacite.subject.fosCiências Sociais::Economia e Gestão
dc.contributor.advisorJulião, Jorge Manuel Soares
dc.contributor.authorDuarte, Ana Margarida Sampaio
dc.date.accessioned2016-03-09T10:59:44Z
dc.date.available2016-03-09T10:59:44Z
dc.date.issued2015-06-11
dc.date.submitted2015
dc.description.abstractRecent regulatory changes face at european level, the insurance sector is confronted with new laws and rules from the Solvency II . This diploma imposes a restructuring at the strategic level and management policies, in order to fulfill all your requirements, being the main objective the solvency of insurance companies. So, it becomes important to search for the best market practices by institutions, with the goal of achieving greater productivity and efficiency, at lower costs (economies of scale). The use of parametric method, Stochastic Frontier Analysis (SFA) allowed study the efficiency of forty-one insurance companies, based in Portugal, between 2012 and 2013. We assumed the perspective of costs, estimating the efficiency of insurers through the underlying cost function, and having as it dependente variable Total Costs. It is concluded that the price of labor and price of capital positively influence the total costs, with significance level of 95 %, as well as the three more efficient insurers operating in the Portuguese market are: Santander Vida, Fidelidade and Ocidental Seguros. Similarly, retires that there are diseconomies of scale and, therefore, as insurance companies are not using is resources efficiently, resulting in an increase of the costs, as production increases. However, this information may not reflect the reality, since the model demonstrated that there is no inefficiency in the selected sample.pt_PT
dc.identifier.tid201488833
dc.identifier.urihttp://hdl.handle.net/10400.14/19261
dc.language.isoporpt_PT
dc.subjectEficiênciapt_PT
dc.subjectCustospt_PT
dc.subjectStochastic frontier analysispt_PT
dc.subjectEconomias de escalapt_PT
dc.subjectDeseconomias de escalapt_PT
dc.subjectEfficiencypt_PT
dc.subjectCostspt_PT
dc.subjectEconomies of scalept_PT
dc.subjectDiseconomies of scalept_PT
dc.titleEficiência das seguradoras em Portugal : uma abordagem da fronteira estocásticapt_PT
dc.typemaster thesis
dspace.entity.typePublication
rcaap.rightsopenAccesspt_PT
rcaap.typemasterThesispt_PT
thesis.degree.nameMestrado em Banca e Seguros

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