- 學位論文
銀行資訊、生產力與臺灣廠商出口決策
Bank information, Productivity and Export Decision of Taiwanese Firms
摘要
振興出口一直是政府相當重視的議題，過去對於台灣廠商出口決策的研究鮮少討論銀行的角色。本研究探討本國銀行的出口資訊外溢對於廠商出口決策之影響。本研究突破過去文獻對於台灣廠商別數據的限制，研究樣本取自TEJ資料庫研究對象為2006至2015年的台灣上市櫃製造業廠商，並進一步將廠商別出口額資料將出口地區分為六個區域進行實證，分別為全區域、美洲、歐洲、亞洲、大洋洲及非洲，並以追蹤資料模型與非線性模型研究銀行資訊對於廠商的出口額增加與進入出口市場的影響。從Panel Probit實證結果發現，本國銀行提供的出口資訊在擴展出口可以促使廠商擴展出口至全區域及亞洲，邊際效果分別為1.33%及2.20%。而在追蹤資料模型實證上發現，加強出口的實證結果顯示可以提振廠商對歐洲及大洋洲的出口金額彈性分別為0.335及0.762。總要素生產力對於出口決策也有顯著影響，但僅於加強出口。本研究在歐洲及大洋洲的加強出口分析上，發現了總要素生產力的影響力大於銀行資訊，此一結果代表總要素生產力及銀行資訊能力對廠商出口決策有著重要的政策意涵。
並列摘要
The Taiwan Government attaches great importance to promote export. However, there is very limited research on the role of banks in Taiwan related firms’ export de-cision. This paper examines whether firm’s export decision is affected by information spillover of domestic banks. This is the first paper breaking through the limitation of Taiwanese firm-level data, using continuing panel data of manufacturing firms in Taiwan during 2006-2015 of TEJ database, and the export areas be divided into six in-cluded all region, America, Europe, Asia, Oceania and Africa. Use panel data model and non-linear model for empirical test.The estimated results of Panel Probit show that bank information on export market provided by domestic banks promoting firms’ de-cision to expand exporting (Extensive Margin) on All-regions and Asia, the marginal effects are 1.33% and 2.20% respectively, the estimated coefficients of Intensive Mar-gin suggest bank information increase the volume of exporting to Europe of 0.335 and 0.762 of Oceania. Moreover, Total-Factor-Productivity(TFP) significantly positive af-fect intensive margin, never in the case of extensive margin. We also find higher im-pact on TFP than Bank Information in the Intensive Margin case of Europe and Ocean-ia, imply both TFP and bank information has important policy implication on firm’s export decision. This paper focuses on domestic banks actually play a crucial role as a provider of export information, it is hope the results could serve as the help for policy development.