學術產出-Proceedings

Article View/Open

Publication Export

Google ScholarTM

政大圖書館

Citation Infomation

題名 Creative destruction over the business cycle: A stochastic frontier analysis
作者 Lin, Y.-C.;Huang, Tai-Hsin
黃台心
貢獻者 金融系
日期 2012
上傳時間 17-Apr-2015 12:07:36 (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. © 2012 Springer Science+Business Media, LLC.
關聯 Journal of Productivity Analysis, 38(3), 285-302
資料類型 conference
DOI http://dx.doi.org/10.1007/s11123-012-0273-3
dc.contributor 金融系
dc.creator (作者) Lin, Y.-C.;Huang, Tai-Hsin
dc.creator (作者) 黃台心zh_TW
dc.date (日期) 2012
dc.date.accessioned 17-Apr-2015 12:07:36 (UTC+8)-
dc.date.available 17-Apr-2015 12:07:36 (UTC+8)-
dc.date.issued (上傳時間) 17-Apr-2015 12:07:36 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/74662-
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. © 2012 Springer Science+Business Media, LLC.
dc.format.extent 311414 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Journal of Productivity Analysis, 38(3), 285-302
dc.title (題名) Creative destruction over the business cycle: A stochastic frontier analysis
dc.type (資料類型) conferenceen
dc.identifier.doi (DOI) 10.1007/s11123-012-0273-3
dc.doi.uri (DOI) http://dx.doi.org/10.1007/s11123-012-0273-3