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Title: 亞洲金融風暴後的生產效率分析-以泰國與印尼製造業為例
The analysis of efficiency and productivity: evidence from Indonesia and Thailand after Asian Financial Crisis
Authors: 陳英慧
Chen, Ying-Hui
Contributors: 翁永和

Weng, Yung-Ho
Lin, Jin-Xu

Chen, Ying-Hui
Keywords: 出口
Technical efficiency
Metafrontier production function
Date: 2019
Issue Date: 2019-02-12 15:53:43 (UTC+8)
Abstract: 由於印尼與泰國兩國家在經濟發展初期擁有很多相似的條件跟表現,該兩國在1980年代至1997年間皆經歷經濟快速發展,卻皆於1997年-1998年亞洲金融風暴時受創甚深。對兩國經濟發展極為重要的製造業在亞洲金融風暴後的表現為本研究關心的重點。
首先,本文在第一章除了研究動機外,並介紹兩國之經濟歷史背景與分析當年亞洲金融風暴的成因。在第二章,本研究以印尼製造業為研究對象,探討 R&D、生產力及出口等關係。在第三章,為能瞭解對兩國經濟發展極為重要的製造業在亞洲金融風暴後的表現,故利用共同邊界模型估計兩國製造業在生產效率上的表現。
實證結果支持 R&D 與進口原物料,可以改善生產效率。因此,政府應制定鼓勵廠商投入更多力量在 R&D 的政策措施上;對廠商而言,技術進口及技術許可等外部技術來源,可能對提升廠商的生產效率較具助益。另外,政府也可考慮得否藉由降低關稅,進而改善該國國內廠商的生產效率。
Our comparison between Indonesia and Thailand is based on a number of similarities in initial conditions and subsequent performance. Their subsequent productivity performance is worth concerning, because both countries were seriously got hurt during the 1997-1998 Asian financial crisis.
First, the study introduces economics background of both countries and analyzes the cause of Asian financial crisis. In the second essay, the study examines the relation between productivity and exports in Indonesian manufacturing firms by taking account the endogenous choice of R&D. Last, the study compares technical efficiency of manufacturing firms between Indonesian and Thailand by using stochastic metafrontier approach.
This study inspires some policy implications. First, given the importance of R&D on sustainable growth and the contribution to productivity and export, the government should enact some policy measures to encourage firms to devote more efforts on R&D. Besides, trade reform in terms of lowering import tariff, has contributed to Indonesian firms’ productivity, because cheaper imported inputs can raise productivity via learning, variety, and quality effects.
Last, this study supports the learning-by-exporting effect that exporting experience is helpful to enhance firms’ productivity. Since exporting is an important development strategy for Indonesia and can contribute to promoting productivity, how to promote and help firms compete in the global market is worth serious consideration by the Indonesian government.
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