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Xue-Jie, Bai
- Cost Efficiency of Listed Electronics- Information Firms in China
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Authors
Affiliations
1 Institute of Industrial Economics Nankai University, CN
2 Institute of Business and Management National Chiao Tung University, TW
1 Institute of Industrial Economics Nankai University, CN
2 Institute of Business and Management National Chiao Tung University, TW
Source
Journal of Management Research, Vol 9, No 1 (2009), Pagination: 27-34Abstract
This research studies twenty listed electronics-information firms in China during the period 2001 to 2005 and applies Battese and Coellis (1995) model of a stochastic frontier function to compute the cost inefficiency scores. Simultaneously it also evaluates the influence on cost efficiency of R&D expenditure, scale and management model of the firms. All nominal variables in monetary units have been deflated into real variables at 2001 prices. Our empirical results are summarized as follows: The average cost efficiency of Chinese listed electronics-information firms is very low. R&D expenditure significantly improves cost efficiency. The scale of a firm significantly worsens cost efficiency, showing dis-economies of scale. Operational diversification significantly improves cost efficiency, showing economies of scope.Keywords
Electronics-information, Cost Efficiency, Operational Diversification
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