콘텐츠 바로가기
로그인
컨텐츠

Category Open

Resources

tutorial

Collection of research papers and materials on development issues

home

Resources
Industry and Technology General

Print

A study of the effects of entry and exit on productivity growth in the personal service sector

Related Document
Frame of Image ow productivity in the industries. Therefore, as a solution, introducing entry limit regulations has been discussed as policy alter-
A Study of the Effects of Entry and Exit on Productivity Growth in the Personal Service Sector1 )
sector has continued to decline, and it is only ) 47%4 compared to that of the manufacturing industry. Therefore, we must seek methods for increasing the productivity of the service industry from various aspects. However, the service industry, as far as the government is primarily concerned, only includes medical, cultural contents, tourism and leisure, social services and business services industries. Thus, policies directed toward the personal services industry have not been well established. These industries have some common characteristics, such as having poor domestic markets and a low natives for regulation. However, we would like to show that the dynamics of entry and exit act differently in each industry, and that it is possible for active entry and exit to perform a positive function of improving productivity of the industry. To this end, we analyze what impacts entry and exit of each livelihood type personal ) service industry5 have on productivity. Intrinsic differences may exist between productivity growth mechanisms in manufacturing and service industries. In terms of manufacturing, R&D and/or technological innovation have been regarded as the main factors of increasing productivity.
1) This paper is a summary of KIET (2014), A study of


Full Text
Title A study of the effects of entry and exit on productivity growth in the personal service sector
Similar Titles
Material Type Articles
Author(English)

Choe, Hyunkyung et al.

Publisher

[Sejong]:Korea Institute for Industrial Economics & Trade

Date 2015-11
Journal Title; Vol./Issue KIET Industrial Economic Review:vol. 20(no. 6)
Pages 10
Subject Country South Korea(Asia and Pacific)
Language English
File Type Documents
Original Format pdf
Subject Industry and Technology < General
Holding KIET; KDI school