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題名 Profitability, concentration, imports and exports: the case of Taiwan`s midstream petrochemical industries
作者 Wang, Kuo-Liang;Wang, Shu-Ching
王國樑;王淑卿
貢獻者 經濟系
日期 2008-06
上傳時間 3-Sep-2015 16:58:55 (UTC+8)
摘要 Based on an open-economy oligopoly model, causalities among domestic firms` price-cost margin (PCM), domestic concentration, import and export shares are derived and a simultaneous-equation system is established. By utilizing the 1989-1997 data of Taiwan`s midstream petrochemical industries, three-stage least squares is used to estimate the system. The empirical results confirm the derived results, and demonstrate: (1) there exist simultaneous relationships among domestic PCM, domestic concentration, import and export shares; (2) import concentration affects domestic concentration positively, but affects domestic PCM, import and export shares negatively; (3) diversifying international markets improves domestic firms` PCM; (4) domestic firms seem to be in a situation of collusion.
關聯 Applied Economics, 40(11), 1457-1473
資料類型 article
DOI http://dx.doi.org/10.1080/00036840600820697
dc.contributor 經濟系
dc.creator (作者) Wang, Kuo-Liang;Wang, Shu-Ching
dc.creator (作者) 王國樑;王淑卿zh_TW
dc.date (日期) 2008-06
dc.date.accessioned 3-Sep-2015 16:58:55 (UTC+8)-
dc.date.available 3-Sep-2015 16:58:55 (UTC+8)-
dc.date.issued (上傳時間) 3-Sep-2015 16:58:55 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/78262-
dc.description.abstract (摘要) Based on an open-economy oligopoly model, causalities among domestic firms` price-cost margin (PCM), domestic concentration, import and export shares are derived and a simultaneous-equation system is established. By utilizing the 1989-1997 data of Taiwan`s midstream petrochemical industries, three-stage least squares is used to estimate the system. The empirical results confirm the derived results, and demonstrate: (1) there exist simultaneous relationships among domestic PCM, domestic concentration, import and export shares; (2) import concentration affects domestic concentration positively, but affects domestic PCM, import and export shares negatively; (3) diversifying international markets improves domestic firms` PCM; (4) domestic firms seem to be in a situation of collusion.
dc.format.extent 189893 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Applied Economics, 40(11), 1457-1473
dc.title (題名) Profitability, concentration, imports and exports: the case of Taiwan`s midstream petrochemical industries
dc.type (資料類型) articleen
dc.identifier.doi (DOI) 10.1080/00036840600820697
dc.doi.uri (DOI) http://dx.doi.org/10.1080/00036840600820697