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https://ah.lib.nccu.edu.tw/handle/140.119/74662
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 | 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 |
Appears in Collections: | 會議論文 |
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285-302.pdf | 304.12 kB | Adobe PDF2 | View/Open |
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