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題名 Creative Destruction over the Business Cycle: A Stochastic Frontier Analysis
作者 Lin, Yi-Chen ; Huang, Tai-Hsin
林亦珍;黃台心
貢獻者 金融系
關鍵詞 Creative destruction;Job creation;Job destruction;Technical efficiency;Total factor productivity
日期 2012-12
上傳時間 17-Feb-2014 09:55:04 (UTC+8)
摘要 This paper examines the within-industry distributions of jobs created and destructed across plants in terms of technical efficiency, technical efficiency change, scale effect, and technical change. It further investigates how these distributions vary with economic activity. By applying the stochastic frontier analysis to plant-level longitudinal data on Taiwan’s 23 two-digit manufacturing industries spanning the period 1992–2003, we find that jobs created (destructed) are disproportionately clustered at plants with lower technical efficiency but higher rate of technical change. A fall in economic activities is associated with a statistically significant decrease (increase) in the fraction of newly created (destructed) jobs accounted for by plants with a higher rate of technical change, indicating that creative destruction is more pronounced during economic contractions.
關聯 Journal of Productivity Analysis, 38(3), 285-302
資料類型 article
DOI http://dx.doi.org/10.1007/s11123-012-0273-3
dc.contributor 金融系en_US
dc.creator (作者) Lin, Yi-Chen ; Huang, Tai-Hsinen_US
dc.creator (作者) 林亦珍;黃台心zh_TW
dc.date (日期) 2012-12en_US
dc.date.accessioned 17-Feb-2014 09:55:04 (UTC+8)-
dc.date.available 17-Feb-2014 09:55:04 (UTC+8)-
dc.date.issued (上傳時間) 17-Feb-2014 09:55:04 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/63869-
dc.description.abstract (摘要) This paper examines the within-industry distributions of jobs created and destructed across plants in terms of technical efficiency, technical efficiency change, scale effect, and technical change. It further investigates how these distributions vary with economic activity. By applying the stochastic frontier analysis to plant-level longitudinal data on Taiwan’s 23 two-digit manufacturing industries spanning the period 1992–2003, we find that jobs created (destructed) are disproportionately clustered at plants with lower technical efficiency but higher rate of technical change. A fall in economic activities is associated with a statistically significant decrease (increase) in the fraction of newly created (destructed) jobs accounted for by plants with a higher rate of technical change, indicating that creative destruction is more pronounced during economic contractions.en_US
dc.format.extent 329688 bytes-
dc.format.mimetype application/pdf-
dc.language.iso en_US-
dc.relation (關聯) Journal of Productivity Analysis, 38(3), 285-302en_US
dc.subject (關鍵詞) Creative destruction;Job creation;Job destruction;Technical efficiency;Total factor productivityen_US
dc.title (題名) Creative Destruction over the Business Cycle: A Stochastic Frontier Analysisen_US
dc.type (資料類型) articleen
dc.identifier.doi (DOI) 10.1007/s11123-012-0273-3-
dc.doi.uri (DOI) http://dx.doi.org/10.1007/s11123-012-0273-3-