Creative destruction over the business cycle: a stochastic frontier analysis
學年 101
學期 1
出版(發表)日期 2012-12-01
作品名稱 Creative destruction over the business cycle: a stochastic frontier analysis
作品名稱(其他語言)
著者 Lin, Yi-Chen; Huang, Tai-Hsin
單位 淡江大學經濟學系
出版者 New York: Springer New York LLC
著錄名稱、卷期、頁數 Journal of Productivity Analysis 38(3), pp.285-302
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.
關鍵字
語言 en_US
ISSN 1573-0441 0895-562X
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者 Lin, Yi-Chen
審稿制度
國別 USA
公開徵稿
出版型式
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