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SİGORTACILIK SEKTÖRÜ İLE SEÇİLİ MAKROEKONOMİK DEĞİŞKENLER ARASINDAKİ İLİŞKİNİN AMPİRİK ANALİZİ: TÜRKİYE ÖRNEĞİ

Year 2021, Volume: 6 Issue: 2, 130 - 140, 25.10.2021

Mehmet Vahit Eren , İbrahim Çütçü

Abstract

Sigortacılık sektörü, oluşabilecek risklere karşı bireyleri ve firmaları güvence altına alan bir sektördür. Sürdürülebilir bir büyüme için sigortacılık sektörünün gelişmesi gerekmektedir. Sektörün gelişmesinde, ülkenin sahip olduğu makroekonomik verilerin boyutu önem arz etmektedir. Çalışmanın amacı, Türkiye’de 1983-2019 dönemine ait yıllık verilerle sigortacılık sektörü ile seçili makroekonomik değişkenler arasındaki ilişkiyi ampirik olarak araştırmaktır. Ekonomik büyüme, enflasyon ve tasarruf değişkenleri sigortacılık sektörünü etkileyen değişkenler olarak belirlenmiştir. Sigortacılık sektörünü temsilen brüt doğrudan sigorta primleri analize dahil edilmiştir. Çalışmada zaman serisi yöntemi uygulanmıştır. Elde edilen bulgulara göre değişkenler arasında uzun dönemli bir ilişki tespit edilememiştir. Nedensellik testi sonuçlarına göre ise ekonomik büyümeden sigorta primlerine doğru tek yönlü nedensellik ilişkisi olduğunu göstermektedir. Bu sonuçla, ekonomik büyümede meydana gelen değişimlerin sigortacılık sektörü üzerinde etkili olduğu ortaya çıkmaktadır.

Keywords

Sigorta Ekonomik Büyüme Enflasyon Tasarruf.

References

  • Arena, M. (2008). Does Insurance Market Activity Promote Economic Growth? A Cross-Country Study for Industrialized and Developing Countries. The Journal of Risk and Insurance, 75(4), 921-946.
  • Arouri, M.E.H., Bellalah, M. ve Nguyen, D.K. (2007). The comovements in ınternational stock markets: new evidence from latin american emerging countries. Economics Bulletin, 6(3): 1-13.
  • Asinya, F. A. ve Joel, U. W. (2018). Impact of Inflation on Insurance Claims in Nigeria: An Ardl Bounds F-Test Approach. IOSR Journal of Economics and Finance, 9(6), 43-53.
  • Dickey, D. A. ve Fuller, W. A. (1981). Likelihood ratio statistics for auto regressive time series with a unitroot. Econometrica, 49(4), 1057- 1072.
  • Ehiogu, C. P., Eze, O. R. ve Nwite, S. C. (2018). Effect of Inflation Rate on Insurance Penetration of Nigerian Insurance Industry. International Research Journal of Finance and Economics, (170), 66-76.
  • Granger, C.W.J. ve Newbold, P. (1974). Spurious Regressions In Econometrics. Journal of Econometrics, 2 (2), 111-120.
  • Gregory, A. W. ve Hansen, B. E. (1996). Residual-Based Tests for Cointegration in Models With Regime Shifts. Journal of Econometrics, 70(1), 99-126.
  • Hacker, R. S. ve Hatemi-J, A. (2006), Tests for Causality between Integrated Variables Using Asymptotic and Bootstrap Distributions: Theory and Application, Applied Economics, 38, 1489:1500
  • Han, L., Li, D., Moshirian, F ve Tian, Y. (2010). Insurance Development and Economic Growth. The International Association for the Study of Insurance Economics, (35), 183-199.
  • Hatemi-J, A. (2008). Tests For Cointegration With Two Unknown Regime Shifts With An Application to Financial Market Integration. Empirical Economics, 35(3), 497-505.
  • IMF (2021). World Economic Outlook Update July 2021. https://www.imf.org/en/Publications/WEO/Issues/2021/07/27/world-economic-outlook-update-july-2021 (02.09.2021)
  • Kaya, N. ve Beşer, N. Ö. (2020). The effect of insurance premium on economic growth in European Union Countries: Panel Data Analysis. Akademik Araştırmalar ve Çalışmalar Dergisi, 12(23), 442-451.
  • Lee, J. and Strazicich, M. C. (2003). Minimum Lagrange Multiplier Unit Root Test with Two Structural Breaks. The Review of Economics and Statistics (85),1082-1089.
  • OECD. (2021). Gross insurance premiums. https://data.oecd.org/insurance/gross-insurance-premiums.htm#indicator-chart. (Erişim Tarihi: 04.09.2021).
  • Pattarakitham, A. and Rungruengarporn, C. (2016). An Empirical Study of Life Insurance and Macro Economic Indicators (February 12, 2016). Available at SSRN: https://ssrn.com/abstract=2731529 or http://dx.doi.org/10.2139/ssrn.2731529
  • Peleckiene, V., Peleckis, K., Dudzeviciute, G. ve Peleckis, K. K. (2019). The relationship between insurance and economic growth: evidence from the European Union countries. Economic Research-Ekonomska Istra Zivanja, 32(1), 1138-1151.
  • Phillips, P.C.B. ve Perron, P. (1988). Testing for a unit root in time series regression. Biometrika, 75(2), 335-346.
  • Phutkaradze, J. (2014). Impact of Insurance Market on Economic Growth in Post-Transition Countries. International Journal of Management and Economics, (44), 92-105.
  • Schwert, G.W. (1989). Tests for Unit Roots: A Monte Carlo Investigation. Journal of Business and Economic Statistics, 7, 147-160.
  • Senol, Z., Zeren, F. ve Canakci, M. (2020). The Relationship Between Insurance and Economic Growth. Montenegrin Journal of Economics, 16(4), 145-155.
  • Skipper, Jr. H. D. (1997). Foreign Insurers in Emerging Markets: Issues and Concerns. IIF Occasional Paper, pp. 92–97.
  • Şener, H. Y. ve Behdıoğlu, S. (2013). Türkiye Sigorta Pazarının Gelişimindeki Ana Unsurların Belirlenmesine Yönelik Bir Araştırma. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi EYİ 2013 Özel Sayısı, 523-534.
  • Toda, H.Y. ve Yamamoto, T.(1995). Statistical inference in vector autoregressions with possibly integrated process. Journal of Econometrics, 66, 225–250.
  • Tunay, N., Çamlıbel, F. ve Tunay, K. B. (2020). Ekonomik Dalgalanmaların Sigorta Şirketlerinin Pazar Payları ve Prim Üretimleri Üzerindeki Etkileri. Balkan Sosyal Bilimler Dergisi, 9(17), 95–101.
  • Türkiye Sigorta Birliği (2020). Sektör Raporu. https://tsb.org.tr/media/attachments/2020_YILI_SEKT%C3%96R_RAPORU.pdf (02.09.2021).
  • Yıldırım, K., Mercan, M. ve Kostakoğlu, S. F., 2013. Satın Alma Gücü Paritesinin Test Edilmesi: Zaman Serisi ve Panel Veri Analizi. Eskişehir Osmangazi Üniversitesi İİBF Dergisi, 8(3), ss.75-95.
  • World Bank. (2021). GDP Growth. https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?end=2020&locations=TR&name_desc=false&start=1960&view=chart (Erişim Tarihi: 04.09.2021).
  • World Bank. (2021). Gross savings. https://data.worldbank.org/indicator/NY.GNS.ICTR.ZS?locations=TR&name_desc=false (Erişim Tarihi: 04.09.2021).
  • World Bank. (2021). Inflation, consumer prices https://data.worldbank.org/indicator/FP.CPI.TOTL.ZG?locations=TR&name_desc=false (Erişim Tarihi: 04.09.2021).

Year 2021, Volume: 6 Issue: 2, 130 - 140, 25.10.2021

Mehmet Vahit Eren , İbrahim Çütçü

Abstract

References

  • Arena, M. (2008). Does Insurance Market Activity Promote Economic Growth? A Cross-Country Study for Industrialized and Developing Countries. The Journal of Risk and Insurance, 75(4), 921-946.
  • Arouri, M.E.H., Bellalah, M. ve Nguyen, D.K. (2007). The comovements in ınternational stock markets: new evidence from latin american emerging countries. Economics Bulletin, 6(3): 1-13.
  • Asinya, F. A. ve Joel, U. W. (2018). Impact of Inflation on Insurance Claims in Nigeria: An Ardl Bounds F-Test Approach. IOSR Journal of Economics and Finance, 9(6), 43-53.
  • Dickey, D. A. ve Fuller, W. A. (1981). Likelihood ratio statistics for auto regressive time series with a unitroot. Econometrica, 49(4), 1057- 1072.
  • Ehiogu, C. P., Eze, O. R. ve Nwite, S. C. (2018). Effect of Inflation Rate on Insurance Penetration of Nigerian Insurance Industry. International Research Journal of Finance and Economics, (170), 66-76.
  • Granger, C.W.J. ve Newbold, P. (1974). Spurious Regressions In Econometrics. Journal of Econometrics, 2 (2), 111-120.
  • Gregory, A. W. ve Hansen, B. E. (1996). Residual-Based Tests for Cointegration in Models With Regime Shifts. Journal of Econometrics, 70(1), 99-126.
  • Hacker, R. S. ve Hatemi-J, A. (2006), Tests for Causality between Integrated Variables Using Asymptotic and Bootstrap Distributions: Theory and Application, Applied Economics, 38, 1489:1500
  • Han, L., Li, D., Moshirian, F ve Tian, Y. (2010). Insurance Development and Economic Growth. The International Association for the Study of Insurance Economics, (35), 183-199.
  • Hatemi-J, A. (2008). Tests For Cointegration With Two Unknown Regime Shifts With An Application to Financial Market Integration. Empirical Economics, 35(3), 497-505.
  • IMF (2021). World Economic Outlook Update July 2021. https://www.imf.org/en/Publications/WEO/Issues/2021/07/27/world-economic-outlook-update-july-2021 (02.09.2021)
  • Kaya, N. ve Beşer, N. Ö. (2020). The effect of insurance premium on economic growth in European Union Countries: Panel Data Analysis. Akademik Araştırmalar ve Çalışmalar Dergisi, 12(23), 442-451.
  • Lee, J. and Strazicich, M. C. (2003). Minimum Lagrange Multiplier Unit Root Test with Two Structural Breaks. The Review of Economics and Statistics (85),1082-1089.
  • OECD. (2021). Gross insurance premiums. https://data.oecd.org/insurance/gross-insurance-premiums.htm#indicator-chart. (Erişim Tarihi: 04.09.2021).
  • Pattarakitham, A. and Rungruengarporn, C. (2016). An Empirical Study of Life Insurance and Macro Economic Indicators (February 12, 2016). Available at SSRN: https://ssrn.com/abstract=2731529 or http://dx.doi.org/10.2139/ssrn.2731529
  • Peleckiene, V., Peleckis, K., Dudzeviciute, G. ve Peleckis, K. K. (2019). The relationship between insurance and economic growth: evidence from the European Union countries. Economic Research-Ekonomska Istra Zivanja, 32(1), 1138-1151.
  • Phillips, P.C.B. ve Perron, P. (1988). Testing for a unit root in time series regression. Biometrika, 75(2), 335-346.
  • Phutkaradze, J. (2014). Impact of Insurance Market on Economic Growth in Post-Transition Countries. International Journal of Management and Economics, (44), 92-105.
  • Schwert, G.W. (1989). Tests for Unit Roots: A Monte Carlo Investigation. Journal of Business and Economic Statistics, 7, 147-160.
  • Senol, Z., Zeren, F. ve Canakci, M. (2020). The Relationship Between Insurance and Economic Growth. Montenegrin Journal of Economics, 16(4), 145-155.
  • Skipper, Jr. H. D. (1997). Foreign Insurers in Emerging Markets: Issues and Concerns. IIF Occasional Paper, pp. 92–97.
  • Şener, H. Y. ve Behdıoğlu, S. (2013). Türkiye Sigorta Pazarının Gelişimindeki Ana Unsurların Belirlenmesine Yönelik Bir Araştırma. Dumlupınar Üniversitesi Sosyal Bilimler Dergisi EYİ 2013 Özel Sayısı, 523-534.
  • Toda, H.Y. ve Yamamoto, T.(1995). Statistical inference in vector autoregressions with possibly integrated process. Journal of Econometrics, 66, 225–250.
  • Tunay, N., Çamlıbel, F. ve Tunay, K. B. (2020). Ekonomik Dalgalanmaların Sigorta Şirketlerinin Pazar Payları ve Prim Üretimleri Üzerindeki Etkileri. Balkan Sosyal Bilimler Dergisi, 9(17), 95–101.
  • Türkiye Sigorta Birliği (2020). Sektör Raporu. https://tsb.org.tr/media/attachments/2020_YILI_SEKT%C3%96R_RAPORU.pdf (02.09.2021).
  • Yıldırım, K., Mercan, M. ve Kostakoğlu, S. F., 2013. Satın Alma Gücü Paritesinin Test Edilmesi: Zaman Serisi ve Panel Veri Analizi. Eskişehir Osmangazi Üniversitesi İİBF Dergisi, 8(3), ss.75-95.
  • World Bank. (2021). GDP Growth. https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?end=2020&locations=TR&name_desc=false&start=1960&view=chart (Erişim Tarihi: 04.09.2021).
  • World Bank. (2021). Gross savings. https://data.worldbank.org/indicator/NY.GNS.ICTR.ZS?locations=TR&name_desc=false (Erişim Tarihi: 04.09.2021).
  • World Bank. (2021). Inflation, consumer prices https://data.worldbank.org/indicator/FP.CPI.TOTL.ZG?locations=TR&name_desc=false (Erişim Tarihi: 04.09.2021).
There are 29 citations in total.

Details

Primary Language Turkish
Journal Section Makaleler
Authors

Mehmet Vahit Eren 0000-0003-0348-0137

İbrahim Çütçü 0000-0002-8655-1553

Publication Date October 25, 2021
Submission Date September 6, 2021
Published in Issue Year 2021Volume: 6 Issue: 2

Cite

APA Eren, M. V., & Çütçü, İ. (2021). SİGORTACILIK SEKTÖRÜ İLE SEÇİLİ MAKROEKONOMİK DEĞİŞKENLER ARASINDAKİ İLİŞKİNİN AMPİRİK ANALİZİ: TÜRKİYE ÖRNEĞİ. Türk Sosyal Bilimler Araştırmaları Dergisi, 6(2), 130-140.