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Comparative analysis of plant dynamics by size: Korean manufacturing
Korea Energy Economics Institute, South Korea.
Seoul National University, South Korea.ORCID iD: 0000-0002-7902-4683
Korea Institute of Science and Technology Evaluation and Planning, South Korea.
Seoul National University, South Korea.
2009 (English)In: Japanese Economic Review, ISSN 1352-4739, E-ISSN 1468-5876, Vol. 60, no 4, 512-538 p.Article in journal (Refereed) Published
Abstract [en]

A comparative analysis on Korean manufacturing plants is performed by size of plants and sources of TFP growth are decomposed into entry, exit, and survival effects of plants, focusing on the pre- and post-crisis periods. Additional survival analyses investigate internal and external determinants of the survival of plants. The results indicate that the exit of small- and medium-sized establishments (SMEs) with higher productivity is becoming problematic in the post-crisis period. The improvements in large-scale establishments (LSEs) after the crisis appeared to occur generally in high-technology industrial sectors; SMEs in low-technology industries are suffering from a sluggish market selection process. ©2009 The Authors. Journal compilation ©2009 Japanese Economic Association.

Place, publisher, year, edition, pages
2009. Vol. 60, no 4, 512-538 p.
Keyword [en]
comparative study; financial crisis; firm size; high technology industry; industrial performance; manufacturing; small and medium-sized enterprise; total factor productivity, Asia; Eurasia; Far East; Korea
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-24504DOI: 10.1111/j.1468-5876.2009.00470.xScopus ID: 2-s2.0-71049127890OAI: oai:DiVA.org:hj-24504DiVA: diva2:742797
Available from: 2014-09-02 Created: 2014-09-01 Last updated: 2016-01-14Bibliographically approved

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