| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13825 |
| DP13825 Chaebols and firm dynamics in Korea | |
| Philippe Aghion; Sergei Guriev; Kangchul Jo | |
| 发表日期 | 2019-06-27 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | We study firm dynamics in Korea before and after the 1997-98 Asian crisis and pro-competitive reforms that reduced the dominance of chaebols. We find that in industries that were dominated by chaebols before the crisis, labor productivity and TFP of non-chaebol firms increased markedly after the reforms (relative to other industries). Furthermore, entry of non-chaebol firms increased significantly in all industries after the reform. Finally, after the crisis, the non-chaebol firms also significantly increased their patenting activity (relative to non-chaebol firms). These results are in line with a neo-Schumpeterian view of transition from a growth model based on investment in existing technologies to an innovation-based model. |
| 主题 | Development Economics ; Financial Economics ; Industrial Organization ; Public Economics |
| 关键词 | Schumpeterian growth Chaebols Asian crisis |
| URL | https://cepr.org/publications/dp13825-0 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542699 |
| 推荐引用方式 GB/T 7714 | Philippe Aghion,Sergei Guriev,Kangchul Jo. DP13825 Chaebols and firm dynamics in Korea. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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