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Returns to Scale in the Australian Life Insurance Industry

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  • PETER PRAETZ

Abstract

This paper seeks evidence of economies of scale for superannuation, ordinary and total business of a sample of 38 Australian insurance companies. It was motivated by the work of Rutledge and Tuckwell, but in contrast to their results, significant evidence, of economies is found.

Suggested Citation

  • Peter Praetz, 1981. "Returns to Scale in the Australian Life Insurance Industry," The Economic Record, The Economic Society of Australia, vol. 57(3), pages 269-276, September.
    • Handle: RePEc:bla:ecorec:v:57:y:1981:i:3:p:269-276
    DOI: 10.1111/j.1475-4932.1981.tb01061.x
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    References listed on IDEAS

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    1. Benston, George J, 1972. "Economies of Scale of Financial Institutions," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 4(2), pages 312-341, May.
    2. Randall Geehan, 1977. "Returns to Scale in the Life Insurance Industry," Bell Journal of Economics, The RAND Corporation, vol. 8(2), pages 497-514, Autumn.
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    Cited by:

    1. John Burgess & Greg Walker, 1982. "Returns to Scale in the Australian Life Insurance Industry: A Comment," The Economic Record, The Economic Society of Australia, vol. 58(3), pages 290-292, September.

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