Download or read book Total Factor Productivity Growth in Korean Manufacturing from 1983 to 1998 written by Dong Soo Ha and published by . This book was released on 2002 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although Korea has achieved striking economic success during the past three decades, many recent studies argue that the economic growth in Korea is a temporary phenomenon that has been attained mostly through the accumulation of capital and labor, rather than technical progress. In this paper using a plant-level panel data set, I find that output growth has been virtually equally due to technical progress and capital accumulation in Korean manufacturing from 1983 to 1998. Furthermore, I provide empirical evidence of the localized-technical-progress argument, which suggests that traditional growth accounting based on an aggregate production function could underestimate the contribution of technical progress. Next, I analyze the sources of total factor productivity growth in terms of plant turnover. I find that productivity differences across plants are reflected in the plant turnover pattern, and that the productivity differential between the entering and exiting plants contributes significantly to the industry productivity growth, even though the main source of industry productivity growth is the productivity growth within a plant. Lastly, I examine the interaction between exporting and plant performance with a variety of performance measures. I find that the "market-selection" hypothesis holds well. However, exporters do not outperform non-exporters in terms of growth rates after exporting, indicating that the "learning-by-exporting" hypothesis does not hold well in Korean manufacturing
Download or read book New Developments in Productivity Analysis written by Charles R. Hulten and published by University of Chicago Press. This book was released on 2007-11-01 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: The productivity slowdown of the 1970s and 1980s and the resumption of productivity growth in the 1990s have provoked controversy among policymakers and researchers. Economists have been forced to reexamine fundamental questions of measurement technique. Some researchers argue that econometric approaches to productivity measurement usefully address shortcomings of the dominant index number techniques while others maintain that current productivity statistics underreport damage to the environment. In this book, the contributors propose innovative approaches to these issues. The result is a state-of-the-art exposition of contemporary productivity analysis. Charles R. Hulten is professor of economics at the University of Maryland. He has been a senior research associate at the Urban Institute and is chair of the Conference on Research in Income and Wealth of the National Bureau of Economic Research. Michael Harper is chief of the Division of Productivity Research at the Bureau of Labor Statistics. Edwin R. Dean, formerly associate commissioner for Productivity and Technology at the Bureau of Labor Statistics, is adjunct professor of economics at The George Washington University.
Download or read book Dissertation Abstracts International written by and published by . This book was released on 2003 with total page 506 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Total Factor Productivity Growth in Korean Industry and Its Relationship with Export Growth written by Sang-yirl Nam and published by 대외경제정책연구원. This book was released on 1999 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Growth Process in East Asian Manufacturing Industries written by Chia-Hung Sun and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although it has been previously accepted that Hong Kong, Japan, Korea, Singapore, and Taiwan have achieved the 'economic miracle' of maintaining high economic growth for several decades prior to the Asian financial crisis, recent literature has now cast doubt upon this economic supposed success. Attempting to overcome methodological limitations and underlying assumptions of other studies, The Growth Process in East Asian Manufacturing Industries re-examines the role of total factor productivity (TFP) growth and aims to identify the sources of output growth in these East Asian economies. Chia-Hung Sun aims to explain how TFP growth differs from technological progress, and demonstrates why this study favours the use of the varying coefficients frontier model rather than the conventional scholastic frontier approach. He goes on to statistically test whether manufacturing industries in East Asia homogeneously applied the best practice production technology, and investigates the TFP growth slowdown in East Asian manufacturing sectors.
Download or read book Small Firm Dynamism in East Asia written by Farrukh Iqbal and published by Springer Science & Business Media. This book was released on 2002-05-31 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a collection of papers which examine the evolution of small and medium enterprises (hereafter SMEs) in East Asia over the past quarter century or so. East Asia is of interest because this region has experienced, on average, the highest economic growth rates in the world during this period. This has been accompanied by dramatic transformations in sectoral output and employment, in patterns of domestic and international trade and in demographic flows within countries. It is of interest to see to what extent these transformations have affected, or have been influenced in turn by, industrial structure as reflected in the evolution of small firms. At the same time, not all countries in East Asia have grown at similar rates nor has there been uniformity in public policies across the region. So there is a background of diversity in both performance and policy. How smaller firms have coped with the different policy environments and patterns of economic transformation that have characterized the region in the recent past could be potential importance to the formulation of public policy in other developing countries. Small firms are important instruments for economic development. This book examines the factors that influence their evolution and performance.
Download or read book Schumpeterian Dynamics and Metropolitan Scale Productivity written by Yeonwoo Lee and published by Routledge. This book was released on 2018-05-08 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2003. Schumpeter first put forward the premise that the incessant turbulence of an economy in motion, carrying out new combinations of products, production methods with new technologies and the opening of new markets, is capable of explaining patterns of economic growth and change. Focusing on US industrialized urban areas, this volume tests this theory empirically. Localized employment ’churn’ - registered as job creation/destruction dynamics - is used to account for variations in US metro-regional economic productivity performances during the 1986-1999 period. The results suggest that the employment turnover and replacement dynamics have large and significant positive effects on localized productivity growth independent of a variety of industrial restructuring processes occurring simultaneously. While employment churn effects are robust across US Census regions, they do not exert a uniform influence on metro-regional productivity performances across time. Until 1996, job creation and destruction dynamics often cancelled each other out as metro-regions underwent continued industrial restructuring. Since 1996, however, positive effects on metro-region productivity growth have been consistently strong. In addition to a strong positive effect on productivity of the emergence of a localized IT sector, both an expanding service sector share of regional employment and a rising public spending share of regional output exert powerful downward pressure of localized productivity growth rates.
Download or read book American Doctoral Dissertations written by and published by . This book was released on 2002 with total page 776 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Journal of Economic Literature written by and published by . This book was released on 2003 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book China s Great Economic Transformation written by Loren Brandt and published by Cambridge University Press. This book was released on 2008-04-14 with total page 887 pages. Available in PDF, EPUB and Kindle. Book excerpt: This landmark study provides an integrated analysis of China's unexpected economic boom of the past three decades. The authors combine deep China expertise with broad disciplinary knowledge to explain China's remarkable combination of high-speed growth and deeply flawed institutions. Their work exposes the mechanisms underpinning the origin and expansion of China's great boom. Penetrating studies track the rise of Chinese capabilities in manufacturing and in research and development. The editors probe both achievements and weaknesses across many sectors, including China's fiscal, legal, and financial institutions. The book shows how an intricate minuet combining China's political system with sectorial development, globalization, resource transfers across geographic and economic space, and partial system reform delivered an astonishing and unprecedented growth spurt.
Download or read book Financial Liberalization and Economic Development in Korea 1980 2020 written by and published by BRILL. This book was released on 2022-03-07 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the early 1980s, Korea’s financial development has been a tale of liberalization and opening. After the 1997 financial crisis, great strides were made in building a market-oriented financial system through sweeping reforms for deregulation and the opening of financial markets. However, the new system failed to steer the country away from a credit card boom and bust in 2003, a liquidity crisis in 2008, and a run on its savings banks in 2011, and has been severely tested again by the ongoing COVID-19 pandemic crisis. Financial liberalization, clearly, has been no panacea. This study analyzes the deepening of and structural changes in Korea’s financial system since the early 1980s and presents the empirical results of the effects of financial development on economic growth, stability, and the distribution of income. It finds that, contrary to conventional wisdom, financial liberalization has contributed little to fostering the growth and stability of the Korean economy and has exacerbated income distribution problems. Are there any merits in financial liberalization? The authors answer this query through empirical examinations of the theories of finance and growth. They point to a clear need to further improve the efficiency, soundness, and stability of Korean financial institutions and markets.
Download or read book Productivity Measurement and Analysis written by OECD and published by OECD Publishing. This book was released on 2009-04-28 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents the proceedings of two workshops on productivity measurement and analysis, which brought together representatives of statistical offices, central banks and other officials involved with the analysis and measurement of productivity at aggregate and industry levels.
Download or read book Productivity in Tourism written by Peter Keller and published by Erich Schmidt Verlag GmbH & Co KG. This book was released on 2007 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Development on the Ground written by Allen J. Scott and published by Routledge. This book was released on 2007-05-14 with total page 457 pages. Available in PDF, EPUB and Kindle. Book excerpt: Garofoli and Scott have gathered together a series of outstanding essays by academics and policy experts from around the world to show how the theory of local economic development (as formulated in more economically advanced countries) has major significance for countries in the world periphery.These essays present a general conceptual discussion o
Download or read book MAKING SCIENCE INNOVATION AND RESEARCH WORK FOR THE SUSTAINABLE DEVELOPMENT GOALS written by Prof. Allam Ahmed and published by World Association for Sustainable Development (WASD). This book was released on 2019-06-17 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: The theme of the Outlook 2019 is to strengthening the role of science, innovation and research uptake in service of the 2030 Agenda for SD. The volume will therefore critically examine the important role of science, innovation and research for the achievement of the 17 Sustainable Development Goals (SDGs) of the 2030 Agenda and to provoke forward thinking on the role of science, innovation and research in solving global problems related to sustainability.
Download or read book SMEs in the Age of Globalization written by David B. Audretsch and published by Edward Elgar Publishing. This book was released on 2003 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Bring[s] together the leading scholarly papers about how globalization has impacted the role of SMEs"--Back cover
Download or read book Producer Dynamics written by Timothy Dunne and published by University of Chicago Press. This book was released on 2009-05-15 with total page 623 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Census Bureau has recently begun releasing official statistics that measure the movements of firms in and out of business and workers in and out of jobs. The economic analyses in Producer Dynamics exploit this newly available data on establishments, firms, and workers, to address issues in industrial organization, labor, growth, macroeconomics, and international trade. This innovative volume brings together a group of renowned economists to probe topics such as firm dynamics across countries; patterns of employment dynamics; firm dynamics in nonmanufacturing industries such as retail, health services, and agriculture; employer-employee turnover from matched worker/firm data sets; and turnover in international markets. Producer Dynamics will serve as an invaluable reference to economists and policy makers seeking to understand the links between firms and workers, and the sources of economic dynamics, in the age of globalization.
