Bank information, Productivity and Export Decision of Taiwanese Firms

碩士 === 國立臺中科技大學 === 財務金融研究所碩士班 === 105 === The Taiwan Government attaches great importance to promote export. However, there is very limited research on the role of banks in Taiwan related firms’ export de-cision. This paper examines whether firm’s export decision is affected by information spillove...

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Bibliographic Details
Main Authors: Shiau-Jang Lin, 林孝璋
Other Authors: Chung-Hsuan Wei
Format: Others
Language:zh-TW
Published: 2017
Online Access:http://ndltd.ncl.edu.tw/handle/w6fap6
Description
Summary:碩士 === 國立臺中科技大學 === 財務金融研究所碩士班 === 105 === The Taiwan Government attaches great importance to promote export. However, there is very limited research on the role of banks in Taiwan related firms’ export de-cision. This paper examines whether firm’s export decision is affected by information spillover of domestic banks. This is the first paper breaking through the limitation of Taiwanese firm-level data, using continuing panel data of manufacturing firms in Taiwan during 2006-2015 of TEJ database, and the export areas be divided into six in-cluded all region, America, Europe, Asia, Oceania and Africa. Use panel data model and non-linear model for empirical test.The estimated results of Panel Probit show that bank information on export market provided by domestic banks promoting firms’ de-cision to expand exporting (Extensive Margin) on All-regions and Asia, the marginal effects are 1.33% and 2.20% respectively, the estimated coefficients of Intensive Mar-gin suggest bank information increase the volume of exporting to Europe of 0.335 and 0.762 of Oceania. Moreover, Total-Factor-Productivity(TFP) significantly positive af-fect intensive margin, never in the case of extensive margin. We also find higher im-pact on TFP than Bank Information in the Intensive Margin case of Europe and Ocean-ia, imply both TFP and bank information has important policy implication on firm’s export decision. This paper focuses on domestic banks actually play a crucial role as a provider of export information, it is hope the results could serve as the help for policy development.