Biomass energy has been regarded as an effective instrument in combatting a high oil price. However, the increased production of biomass energy has raised the demand for agricultural products and led to a global grain deficiency and rising grain prices. This paper discusses the influence of...

In this paper, the effect of the higher-education ratio on the distribution of financial literacy in Taiwan is investigated with the unconditional quantile estimation suggested by Firpo et al. (2009). Our empirical data are obtained from three surveys conducted in 2007, 2009, and 2011 by the...

This paper studies the effect of the terms of trade on labor supply, industrial capital adjustment and the current account in a two-period small open economy in which endogenous labor supply is considered and labor is assumed to be mobile between sectors, given the situation that capital is a...

Based on the two-step stochastic Meta frontier model developed by Huang et al. (2011), this study establishes translog cost functions. Our purpose is to estimate the performance of firms in terms of cost efficiency in Taiwan’s biotech and pharmaceutical industry, and to analyze group-specific...

In this study, we aim to discover whether the performance of Corporate Social Responsibility (CSR) can lead to abnormal returns, i.e., whether the execution of CSR can enhance the generation of abnormal returns. We sort companies according to their ratings in each sector (environmental, social,...

This study investigates the impacts of consumers¡¦ characteristics, pet feeding habits, pet spending and insurance conditions of pet owners on the intention to purchase a pet insurance policy. Our results reveal that family income, average monthly spending on pets, and experience of purchasing...

The existing literature contains very few studies of the impact of operational localization by the China-based subsidiaries of Taiwanese business enterprises on the R&D activities of the Taiwan-based parent company. In an attempt to fill this gap in the literature, the present study uses four...