This paper analyzes the cost efficiency and optimal scale of Taiwan's electricity distribution industry. Due to the substantial difference in network density, firms may differ widely in production technology. We employ the stochastic metafrontier approach to estimate the cost efficiency of 24...

This paper analyzes the dynamics of China's productivity for the period 1996-2004 with a newly developed methodology -- generalized metafrontier Malmquist productivity index (gMMPI). Implementing the gMMPI, this paper reviews the inequality of the coastal and non-coastal provinces, as well as...

In the domain of measuring productivity, the stochastic frontier (SF) model has advanced in leaps and bounds and attracted a large amount of academic attention. Inherently, the model utilises input/output combinations of production units as references to construct a frontier for measuring...

This study reappraises banks’ productivity by using 42 Taiwanese banks during 1999–2007 as observations. It introduces an input-oriented generalized metafrontier Malmquist productivity index (I-gMMPI), while considering the latent effect of risk-taking behavior in the analytic framework. We...

The objective of this study aims to provide an overall revelation of the magnitude, frame, flow, and output creation effect of cross-national and cross-sectoral spillover of innovation within Asia. Methodologically, Dietzenbacher's framework for evaluating the innovative spillover effect is...

Who upholds the surging gold price? Conventional wisdom suggests that the depreciation of the exchange rate, inflation and economic turmoil are the suspects. Nonetheless, while these factors cease, why does the gold price still stay around hikes? The gold market belongs to a global arena....

This paper examines the role of IPRs protection on stimulating innovations across countries. To consider the possible difference in the relationship between IPRs and innovations for countries of various development degrees, we employ the technique of panel threshold model to proceed with...

World trade has become increasingly regionalized in the past decade as a result of preferential arrangements. Due to Taiwan's unique international political status, its present government believes that closer economic integration with China would enhance Taiwan's economic prosperity and prevent...

The startup mode of spinoffs founded by R&D employees (R&D spinoffs) within the same industry is widespread in high-tech industries. The founders usually own specific human capital and key technological capability, enabling them to take the operational risk and to appropriate rewards of...