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    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/32274


    Title: 台灣專營期貨商成本效率之探討
    Authors: 謝欣宜
    Contributors: 王國樑
    謝欣宜
    Keywords: 專營期貨商
    成本效率
    隨機邊界法
    Date: 2004
    Issue Date: 2009-09-14 13:33:20 (UTC+8)
    Abstract: 自1998年台灣期貨交易所推出第一檔期貨商品以來,期貨市場總成交量與交易之期貨種類均大幅成長,但期貨商家數卻不增反減,可見期貨交易量雖有逐年提昇的趨勢,但由於競爭激烈,造成部分規模不足或經營無效率的廠商,產生合併或退出市場的情況。期貨商面臨日漸蓬勃但同時競爭激烈的期貨市場,其經營效率如何,又有哪些因子會影響期貨商經營效率,是本文所關注的課題。本文以Battese & Coelli (1995)隨機性邊界混合無效率效果模型為基礎,建立超越對數型態的隨機成本邊界模型,根據台灣22家專營期貨商之橫斷面與時間序列混合資料,推估2002至2004年各專營期貨商之成本無效率值,並根據無效率效果模型,進一步探討營業據點數、網路下單比率、業務風險程度、業務集中度、廣告密集度及是否從事自營與顧問業務等廠商行為對成本無效率值之影響。結果發現,台灣專營期貨商之成本效率逐年提昇,但大部分的期貨商在資源運用上仍存有相當大的改善空間。營業據點數、網路下單比率、業務風險及廣告密集度對成本效率有正面影響;業務多樣化也有助於降低成本無效率;未從事自營業務之期貨商的成本效率較有從事自營業務者高;經營顧問業務與成本無效率呈負向關係,但不具有統計上的顯著性。
    Reference: 中文部分
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    Description: 碩士
    國立政治大學
    經濟研究所
    92258026
    93
    Source URI: http://thesis.lib.nccu.edu.tw/record/#G0922580261
    Data Type: thesis
    Appears in Collections:[經濟學系] 學位論文

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