The Effects of Bank Competition on Domestic Industry in Taiwan

• Main Authors: Kuang-Yuan Tsai, 蔡光原
• Other Authors: I-hui Cheng
• Format: Others
• Language: zh-TW
• Published: 2007
• Online Access: http://ndltd.ncl.edu.tw/handle/93959520591398505269

碩士 === 國立高雄大學 === 經濟管理研究所 === 95 === Following Black and Strahan (2002) and Cetorelli and Strahan (2006), this study constructs a fixed-effects model to study the impacts of banking deregulation and institutional change on the scales of main industries in Taiwan. The study use dis-aggregated data to examine the differences of the deregulation effects of banking sector across regions and industries respectively. The results show that controlling the heterogeneity of individual industries the number of companies obviously rises after the banking sector is deregulated. The number of large companies increases more than that of small-median companies. And, the number of newly established companies increases more than that of mature companies. The result also shows that the more competition in the banking industry is, the more companies of commerce type and the more their assets are. However, the number of newly established companies and their assets are relatively less. The empirical result show that economic activities of Manufacturing, Trade & Wholesaling, and Leisure & Entertainment Industry frequently more than those of Transportation, Storage & Communication in Taiwan. Regarding to the difference between regions, there are the more companies of commerce type in northern area, central area and southern area compared with eastern area. Particularly, there are much more companies of commerce type registered in Taipei County, Taoyuan County, Taichung County, Changhua County, Tainan County, Kaohsiung County, Taipei City, and Kaohsiung City compared with the rest of counties and cities in Taiwan.