臺灣博碩士論文加值系統

本研究旨在探討國內存款機構的資金壓力與總要素生產力 (total factor productivity, TFP) 變化之間的關聯，並以澳洲及部份東、南亞國家為例進行實證分析。隨著全球經濟體系日益複雜，特別是在金融危機頻繁發生的背景下，了解金融市場壓力如何影響 TFP 成長變得尤為重要。研究表明，TFP 成長是經濟成長的重要驅動因素，其提升通常來自技術創新、管理改進、制度變革和資源更有效的配置。然而，金融危機期間，資金市場的流動性緊縮導致銀行放貸能力和資金寬裕程度受限，這對企業的投資和技術升級或將產生負面影響，進而抑制了 TFP 的提升。
本研究受限於資料取得的完整性，選取了澳洲、日本、南韓、菲律賓、泰國和台灣六個國家，分析了 2000 年第一季至 2020 年第四季期間的相關數據，透過成長會計帳和 Cobb-Douglas 生產函數模型，探討國內存款機構的資金壓力對 TFP 成長率的影響。研究結果顯示，國內存款機構向央行借款佔總存款的比重越大，對 TFP 將有顯著的負面影響，特別是在金融危機期間時。
根據實證結果，本研究建議政策制定者應在金融危機期間採取有效措施，確保信貸市場的穩定，支持企業的融資需求，以減少對 TFP 的負面影響。穩定的金融體系能夠提供充足的信貸支持，促進資本積累和技術創新，從而推動經濟成長和生產效率的提升。本研究的結果不僅為理解金融危機對經濟的長期影響提供了實證支持，還為政策制定者在面對未來金融動盪時提供了有價值的參考依據。

摘要 I
目錄 II
圖目錄 III
表目錄 IV
第一章 緒論 1
1.1 研究動機與目的 1
1.2 研究背景與方法 5
1.3 論文架構 7
第二章 文獻探討 8
2.1 TFP 相關研究 9
2.2 金融危機相關研究 11
2.3 小結 14
第三章 實證模型與資料 16
3.1 成長會計帳與 TFP 16
3.2 TFP 成長率與經濟變數 21
3.3 貨幣市場壓力的衡量 26
3.4 探討 TFP 成長率變化的實證策略 29
第四章 實證結果 32
4.1 決定 TFP 成長率的實證估計：單一國家層面 32
4.2 決定 TFP 成長率的實證估計：以金融危機期間劃分 36
4.3 決定 TFP 成長率的實證估計：panel 迴歸估計 40
第五章 結論 42
5.1 結論 42
5.2 研究限制與建議 43
參考文獻 45
附錄 50

圖目錄
圖 1-1 研究流程架構圖 7
圖 3-1 各國實質 GDP 18
圖 3-2 各國固定資本形成毛額 19
圖 3-3 各國就業人口數 20
圖 3-4 各國 TFP 成長率 21
圖 3-5 各國貿易開放程度變動 24
圖 3-6 各國失業率 24
圖 3-7 各國貨幣供給成長率 25
圖 3-8 各國貨幣市場壓力 28
圖 4-1 各國 IMP 與金融危機期間示意圖 37

表目錄
表 1-1 APEC 成員國 6
表 3-1 各國經濟成長來源分解(季平均值) 22
表 4-1 決定 TFP 成長率的實證估計：單一國家層面 35
表 4-2 決定 TFP 成長率的實證估計：以金融危機期間劃分 39
表 4-3 決定 TFP 成長率的實證估計：panel 迴歸估計 41

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