DSpace collection: 會議論文

Agglomeration and entrepreneurship in hospitality and tourism: Revisiting Marshall-Jacobs effects using U.S. state-level evidence

title: Agglomeration and entrepreneurship in hospitality and tourism: Revisiting Marshall-Jacobs effects using U.S. state-level evidence

Common institutional ownership and ESG performance: Empirical evidence from Taiwan

title: Common institutional ownership and ESG performance: Empirical evidence from Taiwan

制度有利感受對制度公平感受的影響：以大學多元入學制度為例

title: 制度有利感受對制度公平感受的影響：以大學多元入學制度為例

A Study on Automobile Theft Insurance in Taiwan:The Issue of Opportunistic Fraud.

title: A Study on Automobile Theft Insurance in Taiwan:The Issue of Opportunistic Fraud. abstract: With the continuous economic development, the standard of living has been rising, and automobiles have become an indispensable part of daily life. However, frequent vehicle thefts have resulted in significant financial losses for car owners. To mitigate these risks, many opt for auto theft insurance. Yet, as the insurance uptake increases, opportunistic fraud cases are also on the rise, posing serious challenges to the insurance industry. This study aims to delve into the phenomenon of opportunistic fraud within Taiwan's auto theft insurance sector. Initially, it analyzes the background and significance of fraud in auto theft insurance, outlining the characteristics and trends of related fraudulent activities in Taiwan. Subsequently, by collecting and examining claims data from Taiwanese property insurance companies, the study identifies common types of fraud and associated risk factors. Building upon this, expert interviews will be conducted to further analyze auto theft incidents. Finally, the study proposes a series of targeted antifraud measures, including strengthening legal frameworks, raising public awareness, enhancing internal management within insurance companies, and establishing inter-industry anti-fraud information-sharing platforms.

Female Political Participation and Environment: Mechanisms and Impact Factors

title: Female Political Participation and Environment: Mechanisms and Impact Factors abstract: Using data from 46 economies over the 2007-2022 period, this study investigates the impacts of female political participation on environmental performance measured by CO2 emissions. Our main results show that female political participation helps to reduce CO2 emissions, and these results remain robust to various specifications. We further explore two mechanisms by which female legislators can influence environmental quality. The first mechanism is through environmental regulations. It is found that, in the long term, female political participation improves environmental quality by increasing the prevalence and stringency of environmental regulations. The second mechanism is through environmentally friendly policies, and we find that, in the long run, women’s political participation can improve environmental performance by facilitating renewable energy consumption and promoting the development of green finance. Lastly, we also show that the levels of economic development, governance quality, and social progress can enhance the beneficial effects of female political participation on CO2 reduction.

Forecasting Crude Oil Futures Volatility Using a Novel CARR-OVMD-GRU Hybrid Model

title: Forecasting Crude Oil Futures Volatility Using a Novel CARR-OVMD-GRU Hybrid Model

The Impact of Monetary Policy on Trust-Based Economic Network

title: The Impact of Monetary Policy on Trust-Based Economic Network

The Effects of Vertical Integration in Two-sided Markets

title: The Effects of Vertical Integration in Two-sided Markets

Supply and Japan-Taiwan Technological Cooperation

title: Supply and Japan-Taiwan Technological Cooperation

Amenity characteristics and location choice

title: Amenity characteristics and location choice

China, Japan and the Rise of the West: Gunpowder, the Military, the State and Modernization

title: China, Japan and the Rise of the West: Gunpowder, the Military, the State and Modernization

The Global fossil energy prices trend analysis under the impact of climate change by visualization techniques

title: The Global fossil energy prices trend analysis under the impact of climate change by visualization techniques

基於CARR-OVMD-GRU模型的期貨原油價格波動性預測

title: 基於CARR-OVMD-GRU模型的期貨原油價格波動性預測 abstract: 原油價格波動的不確定性對全球經濟的生產與需求扮演重要的影響角色，因此了解原油價格的波動行為並做出更準確的預測至關重要。本文基於條件自回歸極差模型 (CARR)，結合變分模態分解 (VMD) 與參數優化的門控循環單元 (GRU)，提出了一個組合油價波動預測模型CARR-VMD-GRU。同時，將此模型應用到國際原油期貨市場的日度波動性預測中，以驗證其有效性。本文首先采用VMD算法將CARR模型在樣本內預測的殘差序列分解為一系列平穩分量，然後采用多層GRU網絡對各分量進行樣本外的多步預測，最後疊加CARR模型與各分量的預測值作為最終預測結果。實證結果表明CARR-VMD-GRU模型能顯著提升波動性的預測表現。

Modeling the Risk Volatility of New Southbound Tourist Arrivals to Taiwan

title: Modeling the Risk Volatility of New Southbound Tourist Arrivals to Taiwan

The role of strategic positioning on hotel productivity

title: The role of strategic positioning on hotel productivity

臺灣 R&D 活動與經濟成長：金融發展的角色

title: 臺灣 R&D 活動與經濟成長：金融發展的角色 abstract: 國外眾多的文獻發現，廠商的研究發展 (R&D) 活動與金融發展對於該國的技術進步與經濟成長，扮演重要的角色。然而，有關於臺灣的文獻，焦點卻大多只放在金融發展的效果上，廠商R&D活動所扮演的角色都被忽略。如果廠商R&D活動與金融發展及兩者的互動對臺灣的技術進步與經濟成長扮演重要角色，那麼忽略廠商R&D活動除了可能導致內生性與模型誤設的問題之外，也將無法真正瞭解影響臺灣技術進步與經濟成長的關鍵因素。為彌補文獻的不足，本研究以臺灣自1987年第1季至2021年第4季的本國人專利權申請件數作為R&D活動投入的指標，探討我國R&D活動對經濟成長的促進效果是否受到金融發展的影響而有所不同。我們運用門檻迴歸模型並採用多種面向的金融發展指標，也進行穩健性檢測，再將實證結果與現有文獻的推論做一比較。我們發現R&D活動與經濟成長之間存在金融發展的門檻效果，因此國外文獻支持R&D活動可以促進經濟成長的結論，只有在金融發展程度較高的狀態才成立；在金融發展程度較低的狀態，R&D活動與經濟成長的關係會消失或甚至呈現顯著負向的影響。

臺灣 R&D 活動與經濟成長：金融發展的角色

Multimarket contact and collusive pricing: Evidence from the Taiwanese automotive market

title: Multimarket contact and collusive pricing: Evidence from the Taiwanese automotive market

Fiscal space and fiscal cyclicality: Evidence from quantile regression

title: Fiscal space and fiscal cyclicality: Evidence from quantile regression

The Diversification Cost for a Multiple-contribution of Company Stock in the Private Pension Plan

title: The Diversification Cost for a Multiple-contribution of Company Stock in the Private Pension Plan abstract: The features of a private retirement plan for larger firms include that the employee’s contribution to the plan is matched by the employer, and that employees are typically restricted to allocate the employer’s matching contribution in company stock. It is possible nevertheless for the employee’s assets in the retirement plan to become inadequately diversified. The concentrated company stock holdings will have participants lose retirement wealth to company stock price drop-off. This paper provides a monetizing measure of implied diversification cost for a multiple-contribution of company stock in the private retirement plan.

Strategic operational response to COVID-19: The case of the Taiwanese hotel industry

title: Strategic operational response to COVID-19: The case of the Taiwanese hotel industry abstract: In response to the COVID-19 outbreak, hotels have taken different strategic operational action to recover from the crisis. Hotels have cut expenditures, terminated employee contracts and, changed operational patterns to survive from this sheer devastation that the pandemic have caused the hospitality and tourism industry. This study investigates the importance of F&B operations on hotel productivity changes using the control function estimations, in response to COVID-19, applying the case of the Taiwanese hotel industry. Using regression discontinuity design analysis, first, the study finds significant causal impact of COVID-19 travel restrictions on hotel revenue, especially for the rooms department. Second, using the control function methods, findings show that F&B operation is a more efficient strategy to recover the hotel productivity and revenue from the pandemic. This research provides insights on how hotels can reallocate their operational resources in response to crises.

Can cryptocurrencies be safe-haven assets for currencies during market crises?

title: Can cryptocurrencies be safe-haven assets for currencies during market crises?

Investigating the Volatility Transmission Effects between Cryptocurrencies and Currencies: The US-China Trade War and COVID-19 Pandemic

title: Investigating the Volatility Transmission Effects between Cryptocurrencies and Currencies: The US-China Trade War and COVID-19 Pandemic

Temporary Transfers and Water Use Efficiency for Prior Appropriations Agricultural Surface Water Rights: Empirical Evidence from Northwestern Nevada

title: Temporary Transfers and Water Use Efficiency for Prior Appropriations Agricultural Surface Water Rights: Empirical Evidence from Northwestern Nevada abstract: Irrigated agriculture in the semi-arid western U.S. depends heavily on priority-based water rights, which in drought years face state-mandated curtailments of water supplies to lands with rights with lower (junior) priority claims. We present evidence of two forms of unobserved temporary water transfers used by agricultural producers to transfer irrigation water during periods of curtailment. The first is transfers between lands with water rights owned by a single owner as part of a mixed portfolio of senior and junior rights. The second is transfers between lands with different landowners, who negotiate arrangements through which owners of senior rights transfer a portion of their water to landowners with relatively more junior rights facing curtailments. Because no State approvals or permits are needed for these temporary transfers, they are not recorded and thus not observed directly. We identify these transfers using a 10-year set of panel data from Nevada’s Carson River Valley, where surface irrigation is the major source for agricultural production, and during which drought results in curtailments. The data describe 477 land parcels with surface water rights. As surface irrigation is both a necessary input and main constraint for agricultural production, we identify temporary transfers through observed satellite changes in irrigated cropland acreage in years when water use is curtailed. Controlling for additional factors that influence irrigation decisions, our model shows that, annually, these temporary transfers redistribute 3.1% to 3.5% of total surface irrigation water to lands with junior rights, and representative of more productive croplands, thus suggesting improved water use efficiency during drought years. Our findings suggest that prior empirical estimates may under-represent the capacity of unreported, and thus unobserved, temporary water transfers to mitigate potential agricultural water use inefficiencies resulting from water curtailment under prior appropriation.

Evaluating the Value-Added and Linkage Effects of Taiwan's Agro-Food Chain

title: Evaluating the Value-Added and Linkage Effects of Taiwan's Agro-Food Chain

臺灣內陸養殖漁業氣象資訊應用服務經濟價值分析

title: 臺灣內陸養殖漁業氣象資訊應用服務經濟價值分析

我國農漁業氣象資訊應用服務之總體經濟效益

title: 我國農漁業氣象資訊應用服務之總體經濟效益

以價值為基礎的凸性及非凸性共同邊界模型分析台灣證券業之經營績效

title: 以價值為基礎的凸性及非凸性共同邊界模型分析台灣證券業之經營績效

以麥氏生產力指數結合共同邊界模型探討2008金融海嘯前後台灣證券業之績效變化

title: 以麥氏生產力指數結合共同邊界模型探討2008金融海嘯前後台灣證券業之績效變化

消費習慣、環境污染與經濟成長

title: 消費習慣、環境污染與經濟成長 abstract: 本文設計一個內生成長模型，考慮當消費同時會產生消費習慣和環境污染時，消費習慣養成與環境政策對於經濟成長表現可能產生的影響。本文的研究發現，消費習慣的調整速度對於經濟成長表現的影響並不確定，而政府的防治污染支出則會傷害經濟成長表現，但消費稅卻可以刺激經濟成長。而且，民眾對於消費習慣的重視程度將會擴大相關變數對於經濟成長率的影響力。

環境污染、疾病傳播與經濟成長

title: 環境污染、疾病傳播與經濟成長 abstract: 本文結合SIS傳染病模型與環境污染內生成長模型，考量環境污染與健康維護都會對疾病的感染率與治癒率產生影響，民眾會投入資源進行健康維護，政府則進行污染防治來減緩環境污染。我們的研究結果指出，疾病治癒率提高將可以增加勞動力並刺激經濟成長，但感染率提高則會減少均衡勞動力並降低經濟成長率。另一方面，健康維護支出補貼率增加或政府的污染防治支出增加均可以降低感染率並提高治癒率，增加勞動力並提高資本報酬率，因此有助於資本累積與經濟成長表現。

Ranking the Impact Factors on Crude Oil Prices

title: Ranking the Impact Factors on Crude Oil Prices

The Military and Unification: China and the Rise of the West

title: The Military and Unification: China and the Rise of the West

Strategic response to the COVID-19 pandemic: Evidence from Taiwanese hotel industry

title: Strategic response to the COVID-19 pandemic: Evidence from Taiwanese hotel industry

實施背景禁查令之下的就業與薪資影響: 美國為例

title: 實施背景禁查令之下的就業與薪資影響: 美國為例

Self-fulfilling Prophecies：Expectation Discrepancy and Performance

title: Self-fulfilling Prophecies：Expectation Discrepancy and Performance

經濟公平與社會責任

title: 經濟公平與社會責任

儲蓄-投資之關係與經濟政策不確定性

title: 儲蓄-投資之關係與經濟政策不確定性

A Study of Risk Spillovers of Cryptocurrencies during COVID-19 Pandemic

title: A Study of Risk Spillovers of Cryptocurrencies during COVID-19 Pandemic

Maximum or minimum? Strategic patterns of the lodging industry

title: Maximum or minimum? Strategic patterns of the lodging industry abstract: Two-dimensional Hotelling models predict that firms choose to maximally differentiate on one characteristic and minimally differentiate on the other characteristic. Strong evidence shows that a max-min equilibrium is attained. This study uses the 2010-2017 data from the Texas Comptroller of Public Accounts to examine the joint choices of geographic location and product positioning (or brand) by multi-unit operators. We argue that, assuming that the geographic location is the dominant characteristic and the product positioning is the dominated characteristic, the model implies that multi-unit owners structure their establishment portfolios to be geographically differentiated while choosing less differentiated brands. Alternatively, if the geographic location is the dominated characteristic and the product positioning is the dominant characteristic, the model implies that multi-unit owners locate their establishments near one another in a geographic space while choosing highly differentiated brands. The empirical findings indicate a max-min (min-max) equilibrium, which provides insights into the strategic motivations of multi-unit owners and, within their decisions, the relevant dominance of place versus market position.