Cost Efficiency Analysis for State-Owned Enterprises of Ministry of Economic-Application of Stochastic Frontier Approach
碩士 === 國立中興大學 === 應用經濟學系所 === 101 === Based on a framework proposed by Battese and Coelli(1995). This paper uses a stochastic translog cost frontier model and panel data of Taiwan Power Company, CPC Corporation, Taiwan, Taiwan Sugar Corporation and Aerospace Industry Development Corporation over 200...
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Other Authors: | |
Format: | Others |
Language: | zh-TW |
Published: |
2013
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Online Access: | http://ndltd.ncl.edu.tw/handle/6ha545 |
Summary: | 碩士 === 國立中興大學 === 應用經濟學系所 === 101 === Based on a framework proposed by Battese and Coelli(1995). This paper uses a stochastic translog cost frontier model and panel data of Taiwan Power Company, CPC Corporation, Taiwan, Taiwan Sugar Corporation and Aerospace Industry Development Corporation over 2002-2012 to investigate the relative cost efficiency of state-owned enterprises(SOEs) of Ministry of Economic. The causes of cost efficiency based on characteristics of SOEs were examined as well. The results suggest that the scale of SOEs is positively related to technical inefficiency which means cost efficiency would be deteriorated by increasing the scale of SOEs. On the contrary, cost efficiency could be improved by increasing R&D and capital intensity. But there are no evidence that time trend had a significant effect on cost efficiency.
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