教師資料查詢 | 類別: 期刊論文 | 教師: 黃台心 HUANG, TAI-HSIN (瀏覽個人網頁)

標題:Comparisons of Economic Inefficiency Between Output and Input Measures of Technical Inefficiency Using the Fourier Flexible Cost Function
學年92
學期2
出版(發表)日期2004/07/01
作品名稱Comparisons of Economic Inefficiency Between Output and Input Measures of Technical Inefficiency Using the Fourier Flexible Cost Function
作品名稱(其他語言)
著者黃台心; Huang, Tai-hsin; 王美惠; Wang, Mei-hui
單位淡江大學財務金融學系
出版者Springer
著錄名稱、卷期、頁數Journal of Productivity Analysis 22(1-2), pp.123-142
摘要The current paper constructs a Fourier flexible cost function, which is commonly known to be a more general function form than the typical translog form, and can globally approximate a true (but unknown) cost function. Both allocative and technical inefficiencies are considered using the Fourier function in the context of the parametric approach. The former is modeled using shadow input prices and the latter is formulated either by adding an extra term of scale parameter (when the Farrell's (1957) input technical inefficiency is assumed), or by correcting all the terms involving output quantities by a scale parameter (when the Farrell's output technical inefficiency is assumed). It is found that sample banks could save up to 23% of total costs, within the range of 3 and 69% uncovered by the previous works, in which allocative inefficiency plays a more important role than technical inefficiency. Furthermore, the cost of misallocated labor input alone constitutes more than 80% of total allocative inefficiency. Financial deregulation starting from 1991 in Taiwan appears to have improved economic efficiency of the banking industry.
關鍵字technical inefficiency;allocative inefficiency;Fourier flexible function
語言英文
ISSN0895-562X
期刊性質國內
收錄於
產學合作
通訊作者
審稿制度
國別中華民國
公開徵稿
出版型式,電子版
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