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Are Korean firms doing well? : Evidence from Shandong Province in China

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  • Are Korean firms doing well?
  • Kimura, Fukunari; Hayakawa, Kazunobu; Ji, Zheng
  • The Association of Korean Economic Studies


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Title Are Korean firms doing well?
Similar Titles
Sub Title

Evidence from Shandong Province in China

Material Type Articles
Author(English)

Kimura, Fukunari; Hayakawa, Kazunobu; Ji, Zheng

Publisher

[Seoul] : The Association of Korean Economic Studies

Date 2008-04
Journal Title; Vol./Issue The Journal of the Korean Economy:vol. 9(no. 1)
Pages 26
Subject Country China(Asia and Pacific)
South Korea(Asia and Pacific)
Language English
File Type Link
Subject Industry and Technology < Entrepreneurship
Holding AKES
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Abstract

This paper constructs a firm-level data set of manufacturing firms in the Province of Shandong and examines whether the corporate performance, e.g., labor productivity, of foreign-owned firms, particularly of Korean firms, is superior to that of domestically-owned firms. In the regression analysis, we found the following: first, foreign-owned firms achieve significantly better performance. Second, the differences in corporate performance between domestically- and foreign-owned firms are particularly large in chemical and machinery sectors. Third, small sized Korean firms and Korean firms in fabricated materials and machinery sectors have relatively high performance among foreign-owned firms.