In the early 1990s, Taiwan began her deregulation trend in order to enhance competition and economic efficiency across all industries. We derive a theoretical framework to predict possible rankings in technical efficiencies of public, mixed, and private banks. A panel data set with 43 Taiwanese...

We establish a theoretical model to explain the relationship between the regional technical efficiencies and production location choice. A higher regional technical efficiency level attracts foreign direct investment (FDI) and offsets the adverse effects of a high wage rate and setup cost. Data...