Survival Duration of Plants---Evidence from U.S. Petroleum Refining Industry | |
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學年 | 88 |
學期 | 2 |
發表日期 | 2000-06-15 |
作品名稱 | Survival Duration of Plants---Evidence from U.S. Petroleum Refining Industry |
作品名稱(其他語言) | |
著者 | Chen, Ming-Yuan |
作品所屬單位 | 淡江大學產業經濟學系 |
出版者 | |
會議名稱 | 產業經濟學國際學術研討會=2000 Taipei International Conference on Industrial Economics |
會議地點 | 臺北市, 臺灣 |
摘要 | This paper presents a duration analysis on the survival of U.S. petroleum refining plants for the 1981-1986 period, when the industry as a whole declines in response to decontrols of crude oil markets . The purpose is to examine the duration dependence and determinants of post-deregulation plant lifetimes. The Weibull model with the correction for unobserved individual heterogeneity provides a better fit to the data. Both small plants receiving larger entitlement subsidies and simple plants equipped with fewer technologies have lower survival duration. An inverse U-shaped effect of multiplant coordination on life duration is found. Longer lifetimes of acquired plants suggest the effect of takeovers in facilitating plant restructuring and survival. |
關鍵字 | 存活期間;多廠協調;美國;煉油工業;存活模型;Survival Duration;Multiplant Coordination;United States Of America;Petroleum Refining Industry;Survival Model |
語言 | en |
收錄於 | |
會議性質 | 國際 |
校內研討會地點 | |
研討會時間 | 20000615~20000617 |
通訊作者 | |
國別 | TWN |
公開徵稿 | Y |
出版型式 | 紙本 |
出處 | 產業經濟學國際學術研討會論文集=Proceedings of the 2000 Taipei International Conference on Industrial Economics,頁1074-1110 |
相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/95501 ) |