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    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/32218


    Title: 台灣金融控股公司之效率及多角化經濟分析
    Authors: 葉偉民
    Contributors: 李文福
    葉偉民
    Keywords: 資料包絡分析法
    Malmquist生產力指數
    多角化經濟
    金融控股公司
    Date: 2003
    Issue Date: 2009-09-14 13:26:02 (UTC+8)
    Abstract: 為了因應國內金融產業多元化、跨業經營的發展,立法院於民國90年6月27日通過「金融控股公司法」,截至2003年底止,我國一共有14家金融控股公司成立,而國內金融界也隨著一家一家金融控股公司的成立,掀起一波波合併及併購的風潮,由於金融機構未來互相合併、朝向大型化及多元化的趨勢明顯,因此,金融控股公司多角化的經營是否能夠發揮其效益是值得我們去探討的。
    本文利用非參數邊界法,以及Ferrier et al.(1993)所提出的多角化經濟程度指標,來評估2002與2003年包含銀行、證券及保險營收三項產出的6家多角化金融控股公司之相對效率,並分析其無效率之來源,以及衡量其是否存在多角化經濟。另外,本文以投入導向的MPI評估台灣金融控股公司2002至2003年生產力變動的情形。
    實証結果發現,6家包含銀行、證券及保險營收三項產出的多角化金融控股公司,都存在有多角化經濟的現象,表示金融控股公司多角化的發展與跨業經營確有其成本上的效益。另外,比較生產力變動的各項數值,多角化金融控股公司均低於非多角化金融控股公司,顯示多角化的效益並未反應在效率以及生產力的成長上。
    This paper adopts a nonparametric frontier method and the measure define by Ferrier et al. (1993) to evaluate efficiency and economies of diversification of 6 diversification financial holding companies which contain banking, security and insurance in Taiwan in 2002 and 2003. In addition, we use input-oriented Malmquist productivity index to study the productivity change of financial holding companies in Taiwan during 2002-2003.
    Empirical results indicate that 6 diversification financial holding companies all exhibit economies of diversification. Product diversification of financial holding company indeed has its effect on cost. In addition, compare every component of productivity change, we find non-diversification financial holding companies have better performance than diversification financial holding companies. The effect of diversification has not exhibit on the growth of efficiency and productivity.
    Reference: 一、中文部份
    江婕寧(2003),「美國金融控股公司與非金融控股公司經營績效之比較—DEA之應用」,國立台灣大學國家發展研究所碩士論文。
    紀台英(2003),「金融控股公司經營效率評估之研究--以本國上市(櫃)金控公司為例」,私立中原大學企業管理研究所碩士論文。
    陳韻如(2002),「金融控股公司之規模經濟分析」,國立交通大學經營管理研究所碩士論文。
    張原銘(2003),「金控架構下與非金控架構下之銀行效率分析」,國立高雄第一科技大學金融營運研究所碩士論文。
    廖雅亭(2003),「金融控股公司成立前後台灣金融業之效率分析」,國立台北大學經濟學系碩士論文。
    鍾朝偉(2003),「台灣金融控股公司的成本與利潤效率之分析」,國立中興大學應用經濟學研究所碩士論文。
    二、英文部份
    Banker, R.D., A. Charnes, and W.W. Cooper(1984), “Some Models for Estimating Technical and Scale Inefficiencies ind Data Envelopment Analysis,” Management Science, Vol. 30, 1078-1092.
    Baumol, W.J., J.C. Panzar, and R.D. Willig(1982), Contestable Markets and the Theory of Industry Structure, Harcourt Brace Jovanovich, San Diego, CA.
    Berger, A.N., G.A. Hanweck, and D.B. Humphrey(1987), “Competitive Viability in Banking: Scale, Scope and Product mix Economies,” Journal of Monetary Economics, Vol. 20, 501-520.
    Caves, D.W., L.R. Christensen and W.E. Diewert(1982), “The Economic Theory of Index Numbers and the Measurement of Input, Output and Productivity,” Econometrica, Vol. 50, 1393-1414.
    Charnes, A., W.W. Cooper and E. Rhodes(1978), “Measuring the Efficiency of Decision Making Units,” European Journal of Operations Research, Vol. 2, 429-444.
    Coelli, T.J., D.S.P Rao, and G.E. Battese(2000), An Indroduction of Efficiency and Productivity Analysis, Kluwer Academic Publishers.
    Färe, R., and C.A.K. Lovell(1978), “Measuring the Technical Efficiency of Production,” Journal of Economic Theory, Vol. 19, 150-162.
    Färe, R., and D. Primont(1995), Multi-Output Production and Duality: Theory and Applications, Kluwer Academic Publishers, Boston.
    Färe, R., S. Grosskopf, M. Norris, and Z. Zhang(1994), “Productivity Growth, Technical Progress, and Efficiency Changes in Industrialized Countries,” American Economic Review, Vol. 84, 66-83.
    Farrell, M.J.(1957), “The Measurement of Productive Efficiency,” Journal of the Royal Statistical Society, Series A, CXX, Part 3, 253-290.
    Ferrier, G.D., S. Grosskopf, K.J. Hayes, and S. Yaisawarng(1993), “Economies of Diversification in the Banking Industry,” Journal of Economics, Vol. 31, 229-249.
    Lovell, C.A.K.(1993), “Production Frontiers and Productive Efficiency,” in Fried, H.O., C.A.K. Lovell and S.S. Schmidt(Eds.), The Measurement of Productive Efficiency: Techniques and Applications, Oxford University Press, New York, 3-67.
    Malmquist, S.(1953), “Index Numbers and Indifference Surfaces,” Trabajos de Estatistica, Vol. 4, 209-242.
    Shephard, R.W.(1970), Theory of Cost and Production Functions, Princeton University Press, Princeton.
    Description: 碩士
    國立政治大學
    經濟研究所
    91258026
    92
    Source URI: http://thesis.lib.nccu.edu.tw/record/#G0091258026
    Data Type: thesis
    Appears in Collections:[Department of Economics] Theses

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