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    題名: Returns to Scale Productive Efficiency and Optimal Firm Size:Evidence from Taiwan`s Firm Data
    作者: 莊奕琦
    Chuang,Yih-chyi
    日期: 1999-11
    上傳時間: 2010-10-26 16:07:47 (UTC+8)
    摘要: By using Taiwan’s census firm data, this paper estimates and tests the variable returns
    to scale hypothesis for aggregate manufacturing and two-digit industries. An e -
    ciency measure is constructed to further examine the size-e ciency relations among
    two-digit industries. Analysis indicates that increasing returns exist at the aggregate
    manufacturing level and its magnitude is higher for exporting firms than for nonexporting firms. Moreover, trade is beneficial only for small firms. However, the
    property of increasing returns diminishes for most of the industries at the two-digit
    level, particularly for the exporting firms. This sharp comparison between aggregate
    and two-digit level results suggests that trade is conducive to productivity, and
    provides an indication of the specific form of technology spillovers among firms and
    across industries. Further investigation of the relationship between productive e -
    ciency and firm size renders the result that optimal firm size is small for exporting
    firms in most industries, particularly in the most export-oriented ones. The technology
    spillover e€ ect among firms and across industries is likely the reason for being small
    and e cient. Our results also indicate that an industry-wide spillover e€ ect across
    firms within the same industry is roughly one-sixth of the firm-specific export-induced
    learning e€ ect. Findings in this study provide valuable insight into Taiwan’s economic
    development and also provide a development strategy for developing countries to
    follow.
    關聯: Applied Economics,31(11),1353-1364
    資料類型: article
    DOI 連結: http://dx.doi.org/10.1080/000368499323238
    DOI: 10.1080/000368499323238
    顯示於類別:[經濟學系] 期刊論文

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