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題名 An Analysis of the Impact of Public Capital on Cost Structure of Manufacturing Firms in China
作者 林祖嘉
Lin,Chu-Chia ;Chang,Ching-Feng
貢獻者 經濟系
關鍵詞 public capital; cost structure; china
日期 2013.03
上傳時間 7-Jan-2014 14:13:42 (UTC+8)
摘要 Since 1978, China government has spent a huge amount on public capital, including infrastructure, education, and R&D. It is important to know whether those expenditures on public capital have a positive impact on improving manufacturing firms’ productivity and thus reducing their production cost. In this study, we applied a data set with 1,371,726 sample points from the manufacturing sector of China from 1998 to 2006 with a traditional cost function to estimate the impact of public capital on firms’ production cost, with a firm-level fixed effect. Then we estimate the substitutability of public capital and private inputs. We found that both education and infrastructure have a significant impact on reducing production cost for manufacturing firms, while education expenditure has a larger effect. On the other hand, R&D expenditure has little effect on reducing production cost.
關聯 Taiwan Economic Review,55(1), 71-99
資料類型 article
DOI http://dx.doi.org/10.6277/ter.2013.411.4
dc.contributor 經濟系en_US
dc.creator (作者) 林祖嘉zh_TW
dc.creator (作者) Lin,Chu-Chia ;Chang,Ching-Fengen_US
dc.date (日期) 2013.03en_US
dc.date.accessioned 7-Jan-2014 14:13:42 (UTC+8)-
dc.date.available 7-Jan-2014 14:13:42 (UTC+8)-
dc.date.issued (上傳時間) 7-Jan-2014 14:13:42 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/63321-
dc.description.abstract (摘要) Since 1978, China government has spent a huge amount on public capital, including infrastructure, education, and R&D. It is important to know whether those expenditures on public capital have a positive impact on improving manufacturing firms’ productivity and thus reducing their production cost. In this study, we applied a data set with 1,371,726 sample points from the manufacturing sector of China from 1998 to 2006 with a traditional cost function to estimate the impact of public capital on firms’ production cost, with a firm-level fixed effect. Then we estimate the substitutability of public capital and private inputs. We found that both education and infrastructure have a significant impact on reducing production cost for manufacturing firms, while education expenditure has a larger effect. On the other hand, R&D expenditure has little effect on reducing production cost.en_US
dc.format.extent 407579 bytes-
dc.format.mimetype application/pdf-
dc.language.iso en_US-
dc.relation (關聯) Taiwan Economic Review,55(1), 71-99en_US
dc.subject (關鍵詞) public capital; cost structure; chinaen_US
dc.title (題名) An Analysis of the Impact of Public Capital on Cost Structure of Manufacturing Firms in Chinaen_US
dc.type (資料類型) articleen
dc.identifier.doi (DOI) 10.6277/ter.2013.411.4en_US
dc.doi.uri (DOI) http://dx.doi.org/10.6277/ter.2013.411.4en_US