<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>2215-3403</journal-id>
<journal-title><![CDATA[Economía y Sociedad]]></journal-title>
<abbrev-journal-title><![CDATA[Economía y Sociedad]]></abbrev-journal-title>
<issn>2215-3403</issn>
<publisher>
<publisher-name><![CDATA[Universidad Nacional, Costa Rica]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2215-34032017000200088</article-id>
<article-id pub-id-type="doi">10.15359/eys.22-52.5</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[El desarrollo del sector asegurador y el crecimiento económico: un análisis empírico para 47 países]]></article-title>
<article-title xml:lang="en"><![CDATA[Development of the insurance sector and economic growth: an empirical analysis for 47 countries]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Sabater Castro]]></surname>
<given-names><![CDATA[Anelena]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad de Málaga  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Spain</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2017</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2017</year>
</pub-date>
<volume>22</volume>
<numero>52</numero>
<fpage>88</fpage>
<lpage>109</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.sa.cr/scielo.php?script=sci_arttext&amp;pid=S2215-34032017000200088&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.sa.cr/scielo.php?script=sci_abstract&amp;pid=S2215-34032017000200088&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.sa.cr/scielo.php?script=sci_pdf&amp;pid=S2215-34032017000200088&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen Este estudio examina el efecto del desarrollo del mercado asegurador -tanto del segmento de vida como de no vida3- sobre el crecimiento económico, así como las condiciones (grado de desarrollo financiero, nivel de ingresos y entorno institucional) que afectan el nexo de ambas variables. Para ello se utiliza el método generalizado de momentos (GMM), con un modelo dinámico de datos de panel para 47 países, entre 1990 y 2014. Los resultados revelan que existe un impacto positivo del desarrollo del mercado de seguros sobre el crecimiento económico. Además, la relación entre el desarrollo del mercado asegurador y el crecimiento económico se ve aminorada en un entorno institucional relativamente más sólido. Por otra parte, los resultados sugieren que el impacto positivo del desarrollo del mercado de seguros en el crecimiento económico se mitiga en los países de ingresos altos.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract This paper studies the effect of the development of the life and nonlife insurance market on economic growth, as well as the conditions (degree of financial development, income and institutional environment) that affect the relationship between both variables. The Generalized Method of Moments (GMM) was used, with a dynamic panel data model for 47 countries between 1990 and 2014. Results indicate that there is a positive impact of the development of the insurance market on economic growth. In addition, the relationship between the insurance market and economic growth decreases in a relatively sounder institutional environment. On the other hand, the positive impact of the development of the insurance market on economic growth is mitigated in high-income countries.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[desarrollo del mercado asegurador]]></kwd>
<kwd lng="es"><![CDATA[crecimiento económico]]></kwd>
<kwd lng="es"><![CDATA[modelo dinámico de datos de panel]]></kwd>
<kwd lng="en"><![CDATA[development of the insurance market]]></kwd>
<kwd lng="en"><![CDATA[economic growth]]></kwd>
<kwd lng="en"><![CDATA[dynamic panel data model]]></kwd>
</kwd-group>
</article-meta>
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