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政大機構典藏 > 商學院 > 金融學系 > 期刊論文 > Item 140.119/70779

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/70779

Title:	Empirical estimation of production risk using a cost function with panel data
Authors:	黃台心 Huang,Tai-Hsin
Contributors:	金融系
Date:	2004
Issue Date:	2014-10-24 18:00:08 (UTC+8)
Abstract:	The purposes of this study are twofold. First, it extends production risk from a production function to a more general cost function. The theoretical model is able to account for the effects of risk on a firm`s minimum cost and optimal input demands. Second, the present paper provides an estimable framework for an analysis of the impacts of the risk on firm behaviour. Employing the model to Taiwan`s electronics and information industry, it is found that production risk appears to play an important role in production cost. Evidence is found that the vast majority of sample firms belong to risk-averters.
Relation:	Applied Economics Letters,11(5),297-301
Data Type:	article
DOI 連結:	http://dx.doi.org/10.1080/1350485042000221553
DOI:	10.1080/1350485042000221553
Appears in Collections:	[金融學系] 期刊論文

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