The insurance-economic growth nexus in Portugal
Abstract This paper provides new insights regarding the insurance-economic growth nexus in Portugal, using a multivariate time series analysis over the period of 1983–2020. The analysis performed is based around the Granger causality concept, using the Toda and Yamamoto (1995) methodology because of the statistical properties of our time series. The results suggest that there is no causality relationship in the Granger sense between economic growth and insurance development in Portugal.
Authors
- Maria Teresa Medeiros Garcia (ORCID: https://orcid.org/0000-0001-8683-2112)
- Alejandro López Atienza
Institutions
- University of Lisbon (PT)
- Lusíada University of Lisbon (PT)
- Fundação para a Ciência e Tecnologia (PT)
Publication Details
- Journal
- Eurasian economic review :
- Published
- 2025-09-09
- DOI
- https://doi.org/10.1007/s40822-025-00332-z
- Primary Topic
- Insurance and Financial Risk Management
- Type
- article
- Field-Weighted Citation Impact
- 0.00
Funders
- Fundação para a Ciência e a Tecnologia