TY - JOUR
T1 - Duopoly, Differentiation and Scale: A study of the cost structures of the Pension Fund Administrators in Bolivia
AU - Garlati Bertoldi, Pablo Adrian
PY - 2014/5/15
Y1 - 2014/5/15
N2 - Using data of the private pension system in Bolivia during the period 1996-2004, we estimate the AFPs cost functions using parametric and semi-parametric methods. A significative and negative relationship is found between average costs and the number of affiliates; and a small effect of funds profit rates on the systems´ average costs.
AB - Using data of the private pension system in Bolivia during the period 1996-2004, we estimate the AFPs cost functions using parametric and semi-parametric methods. A significative and negative relationship is found between average costs and the number of affiliates; and a small effect of funds profit rates on the systems´ average costs.
UR - http://www.scielo.org.bo/scielo.php?pid=S2074-47062014000100003&script=sci_abstract
M3 - Artículo
JO - Revista Latinoamericana de Desarrollo Económico
JF - Revista Latinoamericana de Desarrollo Económico
ER -