◆◇學術研討會◇◆ 1999 Taipei International Conference on Efficiency and Productivity Growth 1999年效率與生產力成長國際學術研討會 July 30-31, 1999 The Institute of Economics, Academia Sinica (IEAS) Taipei, Taiwan July 29, 1999 (Thursday) 15:00-18:30 Registration (Academic Activity Center, Academia Sinica) 18:30-21:00 Reception (Academic Activity Center, Academia Sinica) July 30, 1999 (Friday) 8:00-8:30 Registration 8:30-9:00 Welcome and Opening Remarks Chair: Sheng-Cheng Hu 9:00-10:30 Keynote Addresses: Dr. Chi Schive and Dr. William Hunter 11:00-12:30 Section A1: Economic Growth Comparison. Chair: Tzong-Shian Yu Discussant: C.A. Knox Lovell 1."Regional Integration, Growth and Productivity: Evidence from the Economies of Taiwan,Hong Kong, Guangdong, and Fujian" Yanrui Wu, University of Western Australia, Australia 2."The Rate of Return to Human Capital and Technological Progress in the Growth of the East Asian Economies" Wanpyo Son, Hanshin University, Korea 3."Human Capital Investment, Labor Productivity and Output Growth: The Case of Thailand" Kulaya Thanapura and Ping Wang, Thailand Development Research Institute Foundation,Thailand and Vanderilt University, USA 4."The output Gap and Growth in Japan" Kevin J. Fox, University of New South Wales, Australia 11:00-12:30 Section B1: Banking Efficiency Comparisons Chair: William C. Hinter Discussant: Kevin Davis 1. "Uncertainty, Risk Premium, and Efficiency in the Taiwan Banking Industry" Cliff J. Huang and Tsu-Tan Fu, Vanderbilt University, USA and Academia Sinica, Taiwan 2. "The Rise and Fall of Thai Banks: Miracle, then Crisis" Ila M. Semenick Alam and Jonathan Leightner, Tulane University and Augusta State University, USA 3. "Cost Study of Banks in Singapore" Rasoul Rezvanian and Seyed M. Mehdian, Nanyang Technological University, Singapore and Finance Western New England College, USA 4. "Deregulation and Efficiency: The Case of Private Korean Banks" Jonathan Hao, William Curt Hunter and Won Keun Yang, Federal Reserve Bank of Chicago,USA and Korea Deposit Insurance Corporation, Korea 14:00-15:30 Section A2: Industrial Productivity Comparison Chair: Clifford D. Clark Discussant: D.S. Prasada Rao 1. "Profitability and Productivity in Singapore Manufacturing Industries" Ashish Lall, Melvyn Tan and Randolph Tan, University College of the Cariboo, Canada,Productivity and Standards Board, Singapore and Nanyang Technological University, Singapore 2. "Source of Growth in the Malaysian Manufacturing and Agricultural Industries: A Time Varying Parameter Approach" Jamal Othman, University Kebangsaan Malaysia, Malaysia 3. "The Effects of Spatial Externalities to Productivity Growth for Local Industries in Taiwan" Shi-Sheng Yau, Yu-Sheng Chiang and Shaw-er Wang Chiang, National Cheng Kung University, Taiwan 4. "Productivity Growth in Thai Agricultural Regional Comparisons" Wirat Krasachat, Institute of Technology Ladkrabang, Thailand 14:00-15:30 Section B2: Stochastic Frontier Analysis I Chair: Ji Chou Discussant: Subal C. Kumbhakar 1. "Economic Efficiency of Frozen Prepared Food Firms in Taiwan" Joyce J. Wann and Yi-Chieh Wang, National Chung Hsing University and Academia Sinica, Taiwan 2. "Performance of Dairy Plants in the Cooperative and Private Sectors in India" Satbir Singh, Tim Coelli and Euan Fleming, University of New England, Australia 3. "Cultivation Arrangements and Rice Farm Efficiencies in Taiwan" Mei-Ying Huang andTsu-Tan Fu, National Chung-Hsing University and Academia Sinica,Taiwan 4. "Factors Determining the Technical Inefficiency of Farms in Bangladesh" Md Abdul Wadud, University of Newcastle upon Tyne, U.K. 16:00-17:30 Section A3: Asian Financial Crises and Productivity Chair: Jia-Dong Shea Discussant: Ping Wang 1. "The Effects of Thailand's Financial Crisis on the Relative Efficiency of Investing in Different Sectors of Thailand's Stock Market" Jonathan E. Leightner, Augusta State University, USA 2. "A Study of Efficiencies of Integrated Securities Firms in Taiwan" Kuo-Liang Wang and Yeh-Tai Tseng, National Cheng-Chi University, Taiwan 3. "The Media, The Judiciary, The Banks and Resiliency of East Asian Economies" Clifford D. Clark and Jung-Chao Liu, New York University at Binghamton, USA 4. "The International Competitive Power of Chinese Machinery Industry" Yimin Zhang, University of Shanghai for Science and Technology, China 16:00-17:30 Section B3: Data Envelopment Analysis I Chair: Finn R. Forsund Discussant: Lennart Hjalmarsson 1. "Measuring Port Efficiency: An Application of Data Envelopment Analysis" Jose Tongzon, National University of Singapore, Singapore 2. "Enterprise Institution Reform and Productivity Performance in Chinese State-Owned Enterprises (1990-1994) " Xiang Kong and Robert E. Marks, University of New South Wales, Australia 3. "Efficiency Measurement and Multioutput Pricing of Waste Water Treatment in Taiwan" Chung-Huang Huang, National Tsing- Hua University, Taiwan 4. "A New Tool to Increase Efficiency and Productivity of the Educational School System" Dorotea De Luca Cardillo and Maria Letizia De Angelis, University Dini, Italy July 31, 1999 (Saturday) 8:30-10:00 Section A4: Technology and Productivity Chair: Chi-Yuan Liang Discussant: Yanrui Wu 1. "The Role of Technology Imports in Taiwan's Economic Development: Evidence from Plant-Level Data" Branstetter Lee and Jong-Rong Chen, University of California, Davis, USA and National Central University, Taiwan 2. "Efficiency Change and Productivity Growth: An Empirical Assessment of the Contribution of FDI to Chinese Economy" Zhaoyong Zhang, National University of Singapore, Singapore 3. "Growth Theory and Accounting for Technological Progress of the Taiwanese Economy" Terry L. Roe and Pei-Chien Lin, University of Minnesota, USA 4. "Estimating the Production Efficiency of Mixed Enterprises in Taiwan: A Theoretical and Empirical Study" Yung-Ho Chiu and Jin-Li Hu, Soochow University and Tamkang University, Taiwan 8:30-10:00 Section B4: Total Factor Productivity Comparisons Chair: Cliff J. Huang Discussant: Peter J Schmidt 1. "Economic Performance of Selected Asian-Pacific Countries in an International Perspective: Economic Growth, Productivity, and Inequality" D.S. Prasada Rao and Tim Coelli, University of New England, Australia 2. "Total Factor Productivity Growth in Iranian Manufacturing Industries" Nosratollah Nafar, Alame Tabatabaee University, Iran 3. "Productivity Growth in the Spanish Dairy Farms: A Parametric Approach" Rafael A. Cuesta and Luis Orea, University of Oviedo, Spain 4. "Efficiency and Technical Changes in the Philippine Rice Sector: Malmquist Total Factor Productivity Analysis" Chieko Umetsu, Thamana Lekprichakul and Ujjayant Chakravorty, Kobe University, Japan, East-West Center, USA and Emory University, USA 10:30-12:00 Section A5: Public Policy and Productivity Chair: Kao-Chao Lee Discussant: Janathan E. Leightner 1. "Deregulation, Productivity and Efficiency: Taiwanese Experience" Ray Y. Chou, Iftekhar Hasan, Ana Lozano-Vivas andChung-Hwa Shen, Academia Sinica, New Jersey Institute of Technology, USA, University of Malaga, Spain and Cheng-Chi University, Taiwan 2. "A Growth Maximizing Tax Structure for New Zealand" Johannah Branson and C. A. Knox Lovell, University of New England, Australia 3. "Productivity Analysis of Vertically Integrated Electric Utility and Policy Implications for Regulatory Change" Jeong-Dong Lee, Tai-Yoo Kim and Jongsu Lee, Seoul National university, Korea 4. "Public Policy and Efficiency: Some Lessons from Australia's Deregulation of the Gas Industry" Kevin Davis, The University of Melbourne, Australia 10:30-12:00 Section B5: Data Envelopment Analysis II Chair: Peter Schmidt Discussant: Ching-Cheng Chang 1. "Bound Restrictions on DEA Slack and Its Feasibility" G. C. O'Brien and Lifen Wu, La Trobe University, Australia 2. "The Diffusion of Research on Productive Efficiency: The Economists' Guide to DEA Evolution" Finn R. Fousund and Nikias Sarafoglou, Agricultural University of Norway, Norway and Mid-Sweden University, Sweden 3 ".Explicit and Implicit Value Share in Solow, Tornqvist and Malmquist TFP Index Numbers" Tim L. Coelli and D.S. Prasada Rao, University of New England, Australia 13:30-15:00 Section A6: Industrial Transformation and Productivity Chair: Ching-Fan Chung Discussant: Kevin J. Fox 1 ".Adjustments in Industrial Transformation for Taiwan Manufacturing: Comparison with US Manufacturing Industry" Diana Hwei-An Tsai, National Sun Yat-Sen University, Taiwan 2 ".The Dynamic of Capital Structure" Almas Heshmati, Stockholm School of Economics, Sweden 3. "Perspective on Regional and Enterprise Marginality" Andrew P. Davidson, University of New England, Australia 4. "Total Factor Productivity Growth in Taiwan: 1961-1996" Chi-Yuan Liang, Institute of Economics, Academia Sinica, Taiwan 13:30-15:00 Section B6: Stochastic Frontier Analysis II Chair: C.A. Knox Lovell Discussant: Finn R. Forsund 1. "Estimation of Technical and Allocative Inefficiencies Using the Fourier Flexible Cost Frontiers for Taiwan's Banking Industry" Tai-Hsin Huang and Mei-Hui Wang, Tamkang University, Taiwan 2. "Production Risk, Risk Preference and Firm-Heterogeneity" Subal C. Kumbhakar and Ragnar Tveteras, University of Texas at Austin, USA and Stavanger College and Foundation for Research in Economics and Business Administration, Norway 3 ".An Empirical Comparison of Bayesian and Classical Approaches to Inference on Efficiency Levels in Stochastic Frontier Models with Panel Data" Yangseon Kim and Peter Schmidt, Michigan State University, USA 4. "Parametric and non-parametric Measures of Productivity Change – A Comparison" Lennart Hjalmarsson, Goteborg University, Sweden 15:30-17:00 Section A7: Trade and Development Issues Chair: Yun-Peng Chu Discussant: Jung-Chao Liu 1 "The Analysis of Production Efficiencies and FDI: Evidence from Taiwan SMEs" Yang Li, National Chi-Nan University, Taiwan 2 ".GDP Growth in Post-Reform China: Productivity, Term of Trade, and Factor Utilization" Alice Shiu, University of New South Wales, Australia 3."Perspiration' vs 'Inspiration' in Asian Industrialization Indonesia before the Crisis" Henricus Haryo Aswicahyono, Centre for Strategic and International Studies, Indoensia 4. "Work Ethic, Internal Increase in Market Size, and Productivity Growth" Chi-Chu Chou, Feng Chia University, Taiwan 15:50-17:00 Section B7: Data Envelopment Analysis III Chair: Lennart Hjalmarsson Discussant: Tai-Hsin Huang 1. "Efficiency and Productivity of Norwegian Colleges" Finn R. Forsund, Agricultural University of Norway, Norway 2. "A Study of Market Change and Productivity: The Case of National Health Insurance in Taiwan" Wen-Fu Lee and Yuan-Hwey Wang, National Cheng-Chi University, Taiwan 3. "Technical Efficiency in the Production of Hospital: General and Geriatric Hospitals in Japan" Tetsuji Yamada and Tadashi Yamada, Rutgers University, USA and University of Tsukuba, Japan 4. "Economic Efficiency and Optimum Stocking Densities in Fish Polyculture: An Application of Data Envelopment Analysis (DEA) to Chinese Fish Farms" Khem R. Sharma, PingSun Leung, Hailiang Chen and Aaron Pererson, University of Hawaii at Manoa, USA 17:10-17:40 Closing Address: Chair: Samuel C. Shieh C.A. Knox Lovell: "Looking Ahead: Future Research Opportunities in Efficiency and Productivity Analysis"