George J.Y. Hsu

Competition policy for technological innovation in an era of knowledge-based economy

The knowledge-based economy has become the major trend in international society in the 21st century. Exploring the characteristics of the knowledge-based economy and establishing an appropriate economic paradigm for accelerating technological innovation is an urgent task for governments. Therefore, in a knowledge-based economic system, the issues concerned with the challenges and the adaptation of competition policy require profound discussion. The purpose of this paper is to explore the problems and solutions the authoritative institution faces when formulating and executing competition policy that government should formulate to stimulate technological innovation.

Measuring efficiency of domestic banks in Taiwan: application of data envelopment analysis and Malmquist index

The purpose of this article is to investigate relative efficiency of management and variation of managerial efficiency among 37 domestic banks in Taiwan. The relative efficiency of management is analysed through Data Envelopment Analysis (DEA) to estimate the competitiveness of each bank and managerial efficiency is to show the efficiency variation of each bank through Malmquist index. This article also links those two types of efficiency by constructing a matrix of relative efficiency and managerial efficiency defining of eight different categories of banks. The empirical results show that all 37 banks possess an average relative efficiency value of 0.591, with a SD of 0.228. And there are 6 banks with an efficiency value of 1. From the results estimated by Malmquist model, it indicates there are 20 banks with an efficiency variation greater than 1. This means that managerial efficiency of those 20 banks has been improving. However, there are 17 banks with an efficiency variation less than 1. This means that managerial efficiency of those 17 banks has been declining.

An integrated energy planning model for Hawaii

Abstract The State of Hawaii, importing over 90% of its energy requirements, is unique in the USA. In this paper, a Hawaii energy flow matrix is constructed. The 1977 Hawaii input-output table is used to assess each sectors direct energy intensity and total (direct and indirect) energy intensities, and to formulate as a linear programming problem for evaluating the impacts of energy shortages.

Various methods for estimating power outage costs : Some implications and results in Taiwan

Abstract This paper first presents various methods for estimating outage costs and a comprehensive review of related literature on the subject. Four types of outage costs are then discussed, and their empirical results for Taiwan are compared. The authors argue that selecting an appropriate method for estimating a specific type of outage cost is extremely important. In addition, the economic implications of each different type of outage cost, as well as its strengths and weaknesses, must be assessed. Finally, some empirical results for Taiwan are presented and further research areas are recommended.

Energy multipliers for economic analysis : An input-output approach

Abstract This paper illustrates the multiplier notions linking energy use and economic activities. The specific formulations of the traditional economic multipliers (ie sales, income and employment) and energy multipliers are defined and compared. Following this conceptual framework, a 1978 Taiwan input-output table is utilized to estimate the energy multipliers. The practical uses and economic implications of these multipliers are interpreted. Further research directions are also suggested.

The Evolution of Taiwan's

The purpose of this paper is to investigate the context of energy policy in Taiwan over time (ie. before and after the oil crises) and analyze its effect on the energy industries and other sectors. Emphasis is placed on laws, regulations and measures which relate to energy policy. A model employing a Divisia index to decompose the components of energy intensity of Taiwans industrial sectors from 1961 to 1990 is utilised. The paper also draws policy implications and discusses the outlook for Taiwans energy policy in the future.

Impact of mitigating CO 2 emissions on Taiwan’s economy: a fuzzy multiobjective programming approach

A computationally fuzzy multiobjective programming (MOP) approach with a Leontief interindustry model is used to investigate the trade-offs between per capita gross domestic product, national employment, and per capita CO2 emissions in Taiwan. To achieve the objectives of our investigation, the relevant literature is first reviewed, followed by construction of a fuzzy MOP coupled with an input-output model to evaluate the economic impact of the reduction of CO2 emissions on Taiwan’s economy as a whole. Empirical data have been collected, and various strategies for mitigating industrial CO2 emissions are simulated. Based on these simulations, policy recommendations are also proposed.

Priority service and outage costs in the power sector: The Taiwan experience

Abstract This paper investigates the relationship between priority service programmes and outage costs in Taiwan. A brief description is given of Taipowers curtailable-rate schedule and of the three outage costs surveys conducted in 1986 and 1989. The outage costs estimated in the three surveys range from

The reform of the electric power industry in Taiwan

0.9 kWh to

A New Algorithm for Solving Multiobjective Linear Fractional Programming: The CONNISE Method

2.8 kWh . Furthermore, based on Taipowers current curtailable-rate programme, we can derive that outage costs of participating customers should range from