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    政大機構典藏 > 商學院 > 金融學系 > 期刊論文 >  Item 140.119/65021
    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/65021

    Title: Outward Foreign Direct Investment and Technical Efficiency: Evidence from Taiwan''s Manufacturing Firms
    Authors: Yang, Shu-Fei;Chen, Kun-Ming;Huang, Tai-Hsin
    Contributors: 金融系
    Keywords: Foreign direct investment;Technical efficiency;Metafrontier;DEA;Propensity score
    Date: 2013.08
    Issue Date: 2014-03-31 15:43:31 (UTC+8)
    Abstract: This paper uses firm-level panel data from Taiwan's manufacturing industries from 1987 to 2000 to investigate the impact of outward foreign direct investment (OFDI) on the technical efficiency of the OFDI firms. Propensity score matching is used to construct an appropriate group of non-OFDI firms to compare with OFDI firms, and a metafrontier framework is subsequently used to calculate comparable technical efficiencies for both groups of firms. Our empirical results reveal that the technical efficiencies of Taiwan's manufacturing firms were increasing over the entire sample period. In addition, our results suggest that the technological advances and the technical efficiency of Taiwan's manufacturing firms are positively correlated with their OFDI activity.
    Relation: Journal of Asian Economics,27, 7-17
    Data Type: article
    DOI 連結: http://dx.doi.org/10.1016/j.asieco.2013.04.007
    DOI: 10.1016/j.asieco.2013.04.007
    Appears in Collections:[金融學系] 期刊論文

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