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Insurance development and international trade in developing countries

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  • Relwendé Sawadogo

Abstract

This article analyzes the impact of insurance development on international trade for a sample of 52 developing countries over the period of 1990 to 2014. The results from the pooled mean group estimator indicate that the countries with a better developed insurance sector have a comparative advantage in international trade in the long term. The sample is then divided into low- and lower-middle-income countries and upper-middle-income countries. For the upper-middle-income countries, the development of non-life insurance plays a much more important role than it does for low- and lower-middle-income countries.

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  • Relwendé Sawadogo, 2019. "Insurance development and international trade in developing countries," The International Trade Journal, Taylor & Francis Journals, vol. 33(3), pages 239-254, May.
    • Handle: RePEc:taf:uitjxx:v:33:y:2019:i:3:p:239-254
    DOI: 10.1080/08853908.2018.1503574
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    Cited by:

    1. Dezhong Duan & Qifan Xia, 2022. "From the United States to China? A trade perspective to reveal the structure and dynamics of global electronic‐telecommunications," Growth and Change, Wiley Blackwell, vol. 53(2), pages 823-847, June.
    2. Relwendé Sawadogo, 2021. "The relationship between insurance and banking sectors in Sub-Saharan African: Does globalization matter?," Economic Change and Restructuring, Springer, vol. 54(1), pages 101-119, February.

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