EXTERNAL ECONOMIES IN TAIWAN MANUFACTURING-INDUSTRIES

被引:4
作者
CHAN, VL [1 ]
CHEN, BL [1 ]
CHEUNG, KN [1 ]
机构
[1] ACAD SINICA,INST ECON,TAIPEI,TAIWAN
来源
CONTEMPORARY ECONOMIC POLICY | 1995年 / 13卷 / 04期
关键词
D O I
10.1111/j.1465-7287.1995.tb00737.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper presents estimates of indexes of internal returns to scale and external economies for two-digit manufacturing industries in Taiwan. Estimating the returns to scale indexes involves using both SUR and 3SLS estimation procedures. The data strongly support the presence of external increasing returns to scale. The findings indicate no evidence of internal increasing return in all two-digit manufacturing industries. According to the endogenous growth literature, the existence of externalities in production bears important economic implications in some aspects of economic growth, even though the data cannot distinguish the transmission mechanism.
引用
收藏
页码:118 / 130
页数:13
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