TY  - JOUR
TI  - Unpacking the Role of Socioeconomic Factors in Insurance Inclusion: Evidence from The E-7 Countries
AB  - In this study, the socioeconomic factors determining the insurance inclusion variable, constructed using principal component analysis, were tested using the Parks-Kmenta estimator and quantile regression for the E7 countries. In this context, the data used in the study were obtained between 2004 and 2017, depending on the accessibility of the variables. The empirical results show that while inclusion in the insurance sector is positively influenced by macroeconomic factors such as economic growth, sustainable development, urbanization, and public expenditure variables, it is negatively affected by risk components such as global uncertainty and political risk. Thus, the results suggest that socioeconomic factors significantly influence involvement in the insurance sector. In addition, thanks to financial inclusion, the revival of E7 countries will be ensured, and the growth of the economies of these countries will accelerate.
AU  - Dogan, Emrah
AU  - DOĞAN BAŞAR, BERNA
AU  - ekşi, ibrahim halil
DO  - 10.29249/selcuksbmyd.1342860
PY  - 2023
JO  - Selçuk Üniversitesi Sosyal Bilimler Meslek Yüksekokulu Dergisi
VL  - 26
IS  - 2
SN  - 1302-4191
SP  - 436
EP  - 450
DB  - TRDizin
UR  - http://search/yayin/detay/1211848
ER  -