The Resource What's the big deal? : the effect of corporate reforms on manufacturing productivity in Korea, by Hojong Kang, (electronic resource)

What's the big deal? : the effect of corporate reforms on manufacturing productivity in Korea, by Hojong Kang, (electronic resource)

Label
What's the big deal? : the effect of corporate reforms on manufacturing productivity in Korea
Title
What's the big deal?
Title remainder
the effect of corporate reforms on manufacturing productivity in Korea
Statement of responsibility
by Hojong Kang
Creator
Contributor
Thesis advisor
Subject
Genre
Language
eng
Summary
Although Korea has achieved striking economic success during last four decades, following the 1997-98 foreign exchange crisis, Korea's economy was in urgent need of restructuring amid a series of corporate bankruptcies and a paralyzing credit crunch. In this paper using an unpublished plant-level panel data set, I explore changes in total factor productivity and its growth before and after the crisis. In order to do so, I sort out eight industries that were most likely affected by the "Big Deal Program". The results suggest the Big Deal had a positive and significant effect on TFP levels. Bigger plants in Big Deal industries had differentially higher TFP levels However, these results are not robust to the bigger plants classified as being in the top 5% in terms of K/L ratio. Unlike the results for TFP levels, coefficient for the three variable interaction term ( DiTt[arrow][tau] Spt ) are all positive and significant with the plant-size specification. It means the bigger plants in eight Big Deal industries have more productivity growth even though they have lower TFP levels than the smaller plants after the reform. Depending on the plant-size specifications, the Big Deal program had a positive effect on the bigger plants in the Big Deal industries of 0.1 to 1.39 percents
Cataloging source
MUU
http://library.link/vocab/creatorDate
1966-
http://library.link/vocab/creatorName
Kang, Hojong
Degree
Ph. D.
Dissertation year
2005.
Granting institution
University of Missouri-Columbia
Illustrations
illustrations
Index
no index present
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
  • theses
http://library.link/vocab/relatedWorkOrContributorName
Van, Pham Hoang
http://library.link/vocab/subjectName
  • Corporations
  • Conglomerate corporations
  • Financial crises
  • Corporate governance
Target audience
specialized
Label
What's the big deal? : the effect of corporate reforms on manufacturing productivity in Korea, by Hojong Kang, (electronic resource)
Instantiates
Publication
Note
  • The entire dissertation/thesis text is included in the research.pdf file; the official abstract appears in the short.pdf file (which also appears in the research.pdf); a non-technical general description, or public abstract, appears in the public.pdf file
  • Title from title screen of research.pdf file viewed on (November 15, 2006)
  • Vita
Bibliography note
Includes bibliographical references
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
mixed
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
76046572
Dimensions
unknown
Form of item
electronic
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Specific material designation
remote
System details
Mode of access: World Wide Web
Label
What's the big deal? : the effect of corporate reforms on manufacturing productivity in Korea, by Hojong Kang, (electronic resource)
Publication
Note
  • The entire dissertation/thesis text is included in the research.pdf file; the official abstract appears in the short.pdf file (which also appears in the research.pdf); a non-technical general description, or public abstract, appears in the public.pdf file
  • Title from title screen of research.pdf file viewed on (November 15, 2006)
  • Vita
Bibliography note
Includes bibliographical references
Carrier category
online resource
Carrier category code
  • cr
Carrier MARC source
rdacarrier
Color
mixed
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
76046572
Dimensions
unknown
Form of item
electronic
Media category
computer
Media MARC source
rdamedia
Media type code
  • c
Specific material designation
remote
System details
Mode of access: World Wide Web

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