Unveiling Productivity Growth in Indian Life Insurance Firms Through Data Envelopment Analysis
Yugoslav journal of operations research, Tome 34 (2024) no. 3, p. 499
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This study aims to examine total factor productivity (TFP) growth in the Indian life insurance sector from 2008–09 to 2017–18 using a non-parametric frontier methodology. The methodology's unique approach over a decade and nine observation windows provides insights into industry dynamics. Results indicate a negligible role of efficiency change, emphasizing the industry's reliance on technical advancements. The results are pivotal for industry stakeholders, policymakers, and researchers aiming to boost efficiency and competitiveness. The findings underscore the need for strategic adaptation to technological shifts and optimized managerial practices to drive sustainable productivity growth in the dynamic landscape of the Indian life insurance sector.
Classification :
90B50 90C05
Keywords: Total factor productivity, non-parametric frontier methodology, technical change, efficiency growth, Indian life insurance sector
Keywords: Total factor productivity, non-parametric frontier methodology, technical change, efficiency growth, Indian life insurance sector
@article{YJOR_2024_34_3_a6,
author = {Madhumita Guha Majumder and Ram Pratap Sinha and Violeta Cvetkoska},
title = {Unveiling {Productivity} {Growth} in {Indian} {Life} {Insurance} {Firms} {Through} {Data} {Envelopment} {Analysis}},
journal = {Yugoslav journal of operations research},
pages = {499 },
year = {2024},
volume = {34},
number = {3},
language = {en},
url = {http://geodesic.mathdoc.fr/item/YJOR_2024_34_3_a6/}
}
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Madhumita Guha Majumder; Ram Pratap Sinha; Violeta Cvetkoska. Unveiling Productivity Growth in Indian Life Insurance Firms Through Data Envelopment Analysis. Yugoslav journal of operations research, Tome 34 (2024) no. 3, p. 499 . http://geodesic.mathdoc.fr/item/YJOR_2024_34_3_a6/