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논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2021.8
- 수록면
- 81 - 112 (32page)
- DOI
- 10.46665/kwe.2021.08.22.2.81
이용수
초록· 키워드
오류제보하기
This study investigates the impact of firm dynamics from entry, exit, and persevering incumbents on the productivity growth of Korea’s export-leading industries by applying a stochastic frontier production function model to unbalanced firm-level panel dataset over 2006-2017. Empirical results verified that technical progress led productivity growth across industries, with market distortion, firm dynamics, and persevering incumbents also playing a considerable role on productivity growth. Consequently, resource reallocation from firms with declining productivity to firms with rising productivity occurred through market mechanisms favoring the latter; while rigid institutional frameworks and industrial features of the business environment hinder efficient resource reallocation.
목차
1. INTRODUCTION
2. MODEL
3. DATA
4. RESULTS
5. CONCLUSION
REFERENCES
참고문헌 (8)
참고문헌 신청
Battese, G. E. / 1995 / A Model for Technical Efficiency Effects in a Static Frontier Production Function for Panel Data / Empical economics 20(2):325~332
Carreira, C. / 2011 / The Shadow of Death : Analyzing the Pre-exit TFP of Portuguese Manufacturing Firms / Small Business Economics 36(3):337~351
D’Aveni, R. A. / 1994 / Economies of Integration versus Bureaucracy Costs : Does Vertical Integration Improve Performance? / The Academy of Management Journal 37(5):1167~1206
Pai, M. K. / 2016 / The Technical Progress and Resilience in TFP Growth of Korea’s Growth-leading Industries / Asian Economic Papers 15(2):167~191
Pai, M. K. / 2016 / Firms’ Strategies, Vertical Integration, and TFP Growth in Korea’s Core Growth-leading Industries / Journal of the Asia Pacific Economy 21(4):1~23
Carreira, C. / 2011 / The Shadow of Death : Analyzing the Pre-exit TFP of Portuguese Manufacturing Firms / Small Business Economics 36(3):337~351
D’Aveni, R. A. / 1994 / Economies of Integration versus Bureaucracy Costs : Does Vertical Integration Improve Performance? / The Academy of Management Journal 37(5):1167~1206
Pai, M. K. / 2016 / The Technical Progress and Resilience in TFP Growth of Korea’s Growth-leading Industries / Asian Economic Papers 15(2):167~191
Pai, M. K. / 2016 / Firms’ Strategies, Vertical Integration, and TFP Growth in Korea’s Core Growth-leading Industries / Journal of the Asia Pacific Economy 21(4):1~23
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