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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w8766 |
来源ID | Working Paper 8766 |
Productivity, Output, and Failure: A Comparison of Taiwanese and Korean Manufacturers | |
Bee Yan Aw; Sukkyun Chung; Mark J. Roberts | |
发表日期 | 2002-02-07 |
出版年 | 2002 |
语种 | 英语 |
摘要 | Industry cost and demand conditions can vary across countries leading to differences in industry market structure, including the distribution of output and productivity across firms and the magnitude of entry and exit flows. It has been argued that despite many outward similarities, two of the most successful Southeast Asian economies, Taiwan and South Korea, differ systematically in the nature of entry costs, the competitiveness of output markets, and the working of their capital markets. In this paper we use micro panel data for producers in seven two-digit manufacturing industries in South Korea and Taiwan and identify a number of systematic differences in industry structure between the two countries. Our empirical findings indicate that, relative to their counterparts in Korea, Taiwanese industries are characterized by less concentrated market structure, more producer turnover, smaller within-industry productivity dispersion across producers, a smaller percentage of plants operating at low productivity levels, and smaller productivity differentials between surviving and failing producers. These patterns are consistent with strong competitive pressures in Taiwan that lead to market selection based on productivity differences. In contrast, the patterns in Korea are consistent with the presence of some impediments to exit or entry that insulate inefficient producers from market pressures. |
主题 | Microeconomics ; Households and Firms ; Industrial Organization |
URL | https://www.nber.org/papers/w8766 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/566373 |
推荐引用方式 GB/T 7714 | Bee Yan Aw,Sukkyun Chung,Mark J. Roberts. Productivity, Output, and Failure: A Comparison of Taiwanese and Korean Manufacturers. 2002. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w8766.pdf(2513KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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