- 作者: 賴子珍
- 作者服務機構: 元智大學財務金融系
- 中文摘要: 一個產業的發展與成長,與產業中不同類型的廠商組合,及其生產表現有極密切的關係。而產業中廠商組合的變化,乃決定與廠商進入、成長、退出的型態。本文使用民國76至82年之「工廠校正暨營運調查」,以及75年及80年之「工商普查」資料結合,作成一可追蹤廠商進出產業及營運狀況之panel data set,來探討電器、電子製造各分業內,廠商存活、退出形態的差異,以及決定廠商存活、失敗的決定因素。由於臺灣製造業廠商的小規模經營,使得大多數廠商均藉著不斷調整其產品內容的方式,來因應景氣的循環。文中將廠商此種轉換產品的轉業行為,與因歇業、關廠倒閉而退出的廠商加以區分,並探討其決定因素。實證結果發現廠商存活、轉業、退出決策,分別受到廠商特質、退出之套牢成本、產業個別競爭程度、產業成長等因素不同程度的影響。這些因素交互影響的結果,使電子分業之廠商存活、轉業、或退出形態亦不盡相同。
- 英文摘要: Firm turnover will induce different growth and development patterns in each industry. Analyzing the determinantsof these adjustments allows us to have accurate prospectives about industry and impacts of industrial policies. This paperestablished an empirical logistic regression model to analysis Taiwanese electronic plant turnover. It incorporates firmexit sunk costs in firm heterogeneity, market competition, and industry growth to explain firm turnover in the electronicindustry. The result shows that exit sunk costs has insignificant effect on plant failure, while firm age, firm size, and otherplant characteristics also has significant effects on firm survival and exit. Finally, it is found that market competition andindustry growth determines whether firm will stay in the business or switch to anther related industry.
- 中文關鍵字: 廠商存活; 退出; 轉業; 廠商特質; 退出套牢成本
- 英文關鍵字: firm turnover; exit sunk cost; firm heterogeneity; market competition