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Productivity growth and competition across the Asian financial crisis : Evidence from Korean manufacturing firms

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  • Productivity growth and competition across the Asian financial crisis
  • Baek, Chulwoo; Kim, Younggak; Kwon, Hyeog Ug
  • Hitotsubashi University


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Title Productivity growth and competition across the Asian financial crisis
Similar Titles
Sub Title

Evidence from Korean manufacturing firms

Material Type Reports
Author(English)

Baek, Chulwoo; Kim, Younggak; Kwon, Hyeog Ug

Publisher

[Tokyo]:Hitotsubashi University

Date 2006
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Conditions
Industry and Technology < Manufacturing
Holding Hitotsubashi University

Abstract

Using firm level data during 1985-2005, we measured the TFP of Korean manufacturing sector and identified determinants of the TFP growth rate. Given that various institutions for fair competition were introduced in 1988, investigating the difference of the TFP trends before and after the Asian financial crisis is meaningful. With the massive unbalanced panel data, we examined quantitatively whether or not the comprehensive structural reforms have the effect on the Korean economy in terms of productivity. The data used in this research are financial statements obtained from KIS (Korea Information Service). These cover statutory audit firms and registered firms as well as listed firms in KOSPI and KOSDAQ from 1985 to 2005. (The rest omitted)