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Technical efficiency of high value-added strategic industries : The case of IT manufacturing in Korea

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Title Technical efficiency of high value-added strategic industries
Similar Titles
Sub Title

The case of IT manufacturing in Korea

Material Type Reports
Author(English)

Pai, Mi-Kyung

Publisher

Korea Institute for Industrial Economics and Trade

Date 2001-10
Pages 40
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Industry and Technology < General
Industry and Technology < IT

Abstract

Among the mean technical efficiencies of three high value-added strategic industries the mean technical efficiency of KSIC 32111 ‘Diodes, Transistors and Similar Devices’ is greater than that of KSIC 30013 ‘I/O Units and Peripheral Equipment’ and KSIC 32202 ‘communication Apparatuses’ .
Moreover, compared to the other two industries, the production points of establishments in KSIC 32111 are skewed to the production frontier. These results shed light on why the productions and exports of the IT equipment industry have been biased toward the KSIC 3211 I in last decade. In fact, D. Ricardo's comparative advantage for the KSIC 32111 in the aspect of technical efficiency to the other two industries has led to competitiveness of this industry in the world market. This, in
tum, has induced the more bias in the production and exports toward the KSIC 321 11. (The rest omitted)