Creative destruction over the business cycle: a stochastic frontier analysis | |
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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 | 否 |
國別 | USA |
公開徵稿 | |
出版型式 | |
相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/79699 ) |