Özet:

In this study that covers 1983-2011 periods, per capita insurance premiums and per capita real GDP relationship was investigated for 13 OECD countries (USA, Germany, Australia, Belgium, Finland, France, Holland, Spain, Switzerland, Italy, Iceland, Japan and Norway). Stationary of series are determined with linear Levin, Lin and Chu (2002), Im, Pesaran & Shin (2003) and Maddala-Wu (1999), non-linear Uçar & Omay (2009) panel unit root tests. In the paper in which the Emirmahmutoğlu & Köse (EK) panel causality test (2011) was used, least one panel causality was determined from insurance premiums to GDP. Sequential panel selection method which was developed by Chortareas and Kapetanios (2009) was used and this causality occurred for respectively France, Iceland, Italy and Spain and there was no findings observed for the other countries. The findings of this study have an important place for insurance sector in economy and it also supports the findings obtained in literature.

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