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題名:臺灣資訊電子業之廠商規模與成長:外人直接投資、技術差距、財務結構效果之分量分析
書刊名:經濟研究. 臺北大學經濟學系
作者:高子荃 引用關係詹淑慧
作者(外文):Kao, Tzu-chuanChan, Shu-hui
出版日期:2010
卷期:46:1
頁次:頁69-101
主題關鍵詞:外人直接投資技術差距廠商成長財務結構分量迴歸Foreign direct investmentTechnological gapsFirm growthFinancial structureQuantile regression
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(3) 博士論文(0) 專書(0) 專書論文(0)
  • 排除自我引用排除自我引用:3
  • 共同引用共同引用:16
  • 點閱點閱:59
本文以Gibrat (1931) 的成長模型爲基礎,加入外人直接投資與財務結構二個構面延展成新的廠商成長模型,應用 Koenker and Bassett (1978) 的分量迴歸法實證探討680家台灣資訊電子廠商於2000年至2004年間,在不同廠商規模分量下影響廠商成長的因素。實證結果顯示規模愈小、愈年輕及與國外技術差距愈小的廠商成長愈快。在外人直接投資之外溢效果方面,外人直接投資對中、大型規模的被投資廠商有顯著爲正的影響,但外資的進駐並未提升本國廠商成長,反而對中、小型規模的廠商產生負的外溢效果。在財務結構方面則顯示無論廠商規模大小,流動比率愈高的廠商成長愈快,但小型規模的廠商若過度舉債將會阻礙成長。
This study combines Gibrat's model of the process of growth, foreign direct investment (FDI) and financial structure to extend a new firm growth model. This study uses a sample of 680 firms operating in Taiwan Electronic and Information industry during the 2000-2004 periods, and applies quantile regression techniques proposed by Koenker and Bassett (1978) to analyze the marginal effects of the proposed firm growth model given different quantiles of firm size. The empirical results indicate that smaller, younger and smaller technological gap between domestic and foreign firms tend to grow faster. For the spillover effects from FDI, this study finds that FDI positively affects the growth of the invested middle and large firms, but negatively affects the growth of middle and small domestic firms. For the effects of financial structure, this study shows that maintaining higher liquidity tend to grow faster for any firms, but larger debt overhang would prevent the growth of small firms.
期刊論文
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50.Jovanovic, B.(1982)。“Selection and the Evolution of Industry,”。Econometrica,50: 3,649-670。  new window
51.Mansfield, E.(1962)。“Entry, Gibrat’s Law, Innovation, and the Growth of Firms,”。American Economic Review,52: 5,1023-1051。  new window
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62.Lucas, R. E.(1978)。On the Size Distribution of Business Firms。Bell Journal of Economics,9(2),508-523。  new window
63.Lucas, R. E.(1967)。Adjustment Costs and the Theory of Supply。Journal of Political Economy,75(4),321-334。  new window
64.Buchinsky, M.(1995)。Estimation the Asymptotic Covariance Matrix for Quantile Regression Model: A Monte Carlo Study。Journal of Econometrics,68(2),303-338。  new window
65.Byun, H. Y.、Wang, Y.(1995)。Technology Transfer and Multinational Corporations: The Case of South Korea。Journal of Asian Economics,6(2),201-236。  new window
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67.Cooley, T. F.、Quadrini, V.(2001)。Financial Markets and Firm Dynamics。The American Economic Review,91(5),1286-1310。  new window
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會議論文
1.吳榮義(2000)。二十一世紀的臺灣--加入WTO 及在亞洲經濟圈所扮演的角色。  延伸查詢new window
學位論文
1.鄒孟文(1996)。外人直接投資對臺灣製造業技術引進及波及效果之研究(博士論文)。國立臺灣大學。new window  延伸查詢new window
圖書
1.Pagan, A.、Ullah, A.(1999)。Non Parametric Econometrics。Cambridge, UK/ New York, NY:Cambridge University Press。  new window
2.Gibrat, R.(1931)。Les inégalités économiques。Librairie du Recueil Sirey。  new window
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其他
1.吳榮義(2000)。「二十一世紀的台灣-加入 WTO 及在亞洲經濟圈所扮演的角色」。  延伸查詢new window
2.Elston, J. A.(2002)。“An Examination of the Relationship between Firm Size, Growth and Liquidity in the Neuer Market,”。  new window
3.Elston, J. A.(2002)。An Examination of the Relationship between Firm Size, Growth and Liquidity in the Neuer Market。  new window
 
 
 
 
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