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題名:臺灣綜合證券商技術效率探討
書刊名:證券市場發展季刊
作者:王國樑 引用關係翁志強張美玲 引用關係
作者(外文):Wang, Kuo-liangWeng, Chih-chiangChang, Mei-lin
出版日期:1998
卷期:10:2=38
頁次:頁93-115
主題關鍵詞:技術效率資料包絡分析法Tobit截斷迴歸方法Technical efficiencyData envelopment analysisTobit censored regression technique
原始連結:連回原系統網址new window
相關次數:
  • 被引用次數被引用次數:期刊(13) 博士論文(1) 專書(1) 專書論文(0)
  • 排除自我引用排除自我引用:13
  • 共同引用共同引用:37
  • 點閱點閱:32
     根據1991至1993年綜合證券商資料,本文先以資料包絡分析法評估個別綜合證券 商的技術效率;然後用 Tobit 截斷迴歸方法探討影響綜合證券商技術效率的因素。 結果發 現,大部分綜合證券商在資源運用效率上仍存有相當大改善空間。經營規模與技術效率間具 有正的對數關係;業務集中度對技術效率之影響為正的;有分公司者的技術效率較未擁有者 低;業務風險對技術效率有負面影響。競爭壓力導致 1993 年綜合證券商的技術效率顯著提 昇,並縮小它們之間的技術效率差異。
     Based on 1991-1993 data of integrated securities firms in Taiwan, this paper first uses DEA to assess technical efficiencies of these firms, and then applies the Tobit censored regression analysis to study determinants of their technical efficiencies. The empirical results show that most of Taiwan's integrated securities firms have great scope for further improvement on technical efficiencies. There exists a semi-log relationship between the firm's size and technical efficiency. The impact of the firm's service concentration on its technical efficiency is positive. Firms with a branch or branches have lower technical efficiencies than those without any branches. Firms with low operating risks are more technically efficient than those with high operating risks. Competition pressure forces integrated securities firms to improve their technical efficiencies and shrinks the differences of technical efficiencies among them in 1993.
期刊論文
1.Goldberg, L. G.、Hanweck, G. A.、Keenan, M.、Young, A.(1991)。Economies of Scale and Scope in the Securities Industry。Journal of Banking and Finance,15(1),91-107。  new window
2.Greene, William H.(1981)。On the Asymptotic Bias of the Ordinary Least Squares Estimator of the Tobit Model。Econometrica,49(2),505-513。  new window
3.Majumdar, S. K.、Chang, H.(1996)。Scale Efficiencies in US Telecommunications: An Empirical Investigation。Managerial and Decision Economics,17,303-318。  new window
4.Wilcoxon, Frank(1945)。Individual Comparisons by Ranking Methods。Biometrics Bulletin,1(6),80-83。  new window
5.Bowlin, W. F.(1987)。Evaluating the Efficiency of U.S. Air Force Real-Property Maintenance Activities。European Journal of Operational Research,38(2),127-135。  new window
6.Kooreman, P.(1984)。Nursing Home Care in the Netherlands: A Nonparametric Efficiency Analysis。Journal of Health Economics,13(3),301-316。  new window
7.Grosskopf, S.、Valdmanis, V.(1987)。Measuring hospital performance: A nonparametric approach。Journal of Health Economics,6(2),89-107。  new window
8.王國樑、余威廷(19950700)。臺灣證券業規模與多樣化經濟之探討。證券市場發展,7(3)=27,125-144。new window  延伸查詢new window
9.Johnes, G.(1990)。Measures of Research Output University Departments of Economics in the UK, 1984-88。Economic Journal,100,556-560。  new window
10.Zhu, A.、Cooper, W. W.(1981)。Evaluating Program and Managerial Efficiency: An Application of DEA to Program Follow Through。Manageerial Science,27(6),668-697。  new window
11.Aly, Hassan Y.、Grabowski, R.、Pasurka, C.、Rangan, N.(1990)。Technical, scale, and allocative efficiencies in U.S. banking: An empirical investigation。Review of Economics and Statistics,72(2),211-218。  new window
12.McAllister, P. H.、McManus, D. A.(1993)。Resolving the scale efficiency puzzle in banking。Journal of Banking and Finance,17(2/3),389-405。  new window
13.Lewin, A. Y.、Morey, R. C.、Cook, T. J.(1982)。Evaluating the Administrative Efficiency of Courts。Omega: International Journal of Management Science,10(4),401-411。  new window
14.Charnes, A.、Cooper, W. W.、Li, S.(1989)。Using Data Envelopment Analysis to Evaluate Efficiency in the Economic Performance of Chinese Cities。Socio-Economic Planning Sciences,23(6),325-344。  new window
15.Vassiloglou, M.、Giokas, D.(1990)。A study of the relative efficiency of bank branches: an application of data envelopment analysis。Journal of the Operational Research Society,41,591-597。  new window
16.Goldberg, L. G.、Rai, A.(1996)。The structure-performance relationship for European banking。Journal of Banking and Finance,20(4),745-771。  new window
17.羅紀瓊、石淦生、陳國樑(19960900)。醫院效率之衡量--DEA方法之應用。經濟論文,24(3),375-396。new window  延伸查詢new window
18.Byrnes, P.、Färe, R.、Grosskopf, S.(1984)。Measuring Productive Efficiency: An Application to Illinois Strip Mines。Management Science,30(6),671-681。  new window
19.Rangan, Nanda、Pasurka, Carl、Aly, Hassan Y.、Grabowski, Richard(1988)。The Technical Efficiency of U. S. Banks。Economics Letters,28(2),169-175。  new window
20.Seiford, Lawrence M.(1996)。Data Envelopment Analysis: The Evolution of the state of the Art (1978-1995)。Journal of Pharmaceutical Analysis,7(2/3),99-137。  new window
21.Charnes, Abraham、Cooper, William W.、Rhodes, Edwardo(1978)。Measuring the efficiency of decision making units。European Journal of Operational Research,2(6),429-444。  new window
22.Jorgenson, D. W.、Christensen, L. R.(1969)。The Measurement of U. S. Real Capital Input, 1929-1967。Review of Income and Wealth,15,293-320。  new window
23.Chang, K. -P.、Kao, P. -H.(1992)。The Relative Efficiency of Public versus Private Municipal Bus Firms: An Application of Data Envelopment Analysis。Journal of Productivity Analysis,3,67-84。  new window
24.Majumdar, S. K.(1995)。X-efficiency in Emerging Competitive Markets: The Case of U. S. Telecommunications。Journal of Economic Behavior & Organization,26,129-144。  new window
25.Mann, M. B.、Whitney, D. R.(1947)。On a Test of Whether One of Two Variables is Stochastically Larger Than the Other。Annual of Mathematical Statistics,8,50-60。  new window
26.Wheelock, D. C.、Wilson, P. W.(1995)。Evaluating the Efficiency of Commercial Banks: Does Our View of What Banks Do Matter?。Review of the Federal Reserve Bank of St. Louis,39-52。  new window
會議論文
1.張靜貞、謝宗權(1995)。臺灣地區農會信用部經營效率分析--資料包絡分析法之應用。臺灣經濟學會年會,411-439。  延伸查詢new window
2.葉桂珍、陳昱志(1994)。以DEA評估臺灣銀行經營績效之可行性分析。臺北市。555-565。  延伸查詢new window
研究報告
1.Nakahara, T.、Yoshikawa, A.、Vogt, B.、Bhattacharya, J.、Aoki, K.(1994)。Measuring Technical Efficiencies of Japanese General Hospitals: DEA Analysis of Public vs. Private Hospitals。0。  new window
學位論文
1.劉雲霞(1996)。台灣證券商經營狀況之探討--資料包絡分析法的運用(碩士論文)。國立政治大學。  延伸查詢new window
2.葉俊敏(1995)。臺灣地區綜合證券商經營策略之探討,0。  延伸查詢new window
圖書
1.Waldman, D. E.、Jensen, E. J.(1998)。Industrial Organization: Theory and Practice。Addison-Wesley Longman, Inc.。  new window
2.Färe, Rolf、Lovell, C. A. Knox、Grosskopf, Shawna P.(1985)。The measurement of efficiency of production。Boston, Massachusetts:Kluwer-Nijhoff Publisher。  new window
3.Baumol, William J.、Panzar, John C.、Willig, Rovbert D.(1982)。Contestable Markets and the Theory of Industry Structure。New York:Harcourt Brace Jovanovich Inc.。  new window
4.Chiang, Alpha C.(1984)。Fundamental Methods of Mathematical Economics。New York。  new window
5.Ahn, T.、Seiford, L. M.(1992)。Sensitivity of DEA to Models and Variable Sets in a Hypothesis Test Setting: The Efficiency of University Operations。Creative and Innovative Approaches to the Science of Management。New York, NY。  new window
6.Deprins, D. L.、Simar, L.、Tulkens, H.(1984)。Measuring Labor-efficiency in Post Offices。The Performance of Public Enterprises: Concepts and Measurement。Amsterdam, Netherlands。  new window
7.Eaton, B. C.、Eaton, D. F.(1995)。Microeconomics。Microeconomics。Englewood Cliffs, NJ。  new window
8.Rhodes, E. L.(1986)。An Exploratory Analysis of Variations in Performance Among U. S. National Parks。Measuring Efficiency: An Assessment of Data Envelopment Analysis。San Francisco, CA。  new window
圖書論文
1.McCarty, T. A.、Yaisawarng, Suthathip(1993)。Technical efficiency in New Jersey school districts。The Measurement of Productive Efficiency: Techniques and Applications。Oxford University Press。  new window
2.Burgess, J. F. Jr.、Wilson, P. W.(1993)。Technical efficiency in veterans administration hospitals。The Measurement of Productive Efficiency: Techniques and Applications。New York:Oxford University Press。  new window
3.Lovell, C. A. K.(1993)。Production Frontiers and Productive Efficiency。The Measurement of Productive Efficiency--techniques and applications。New York:Oxford University Press。  new window
 
 
 
 
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