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Measuring Distortion in Capital Allocation--The Case of Heavy and Chemical Industries in Korea

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  • Ueda, Atsuku

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  • Ueda, Atsuku, 1999. "Measuring Distortion in Capital Allocation--The Case of Heavy and Chemical Industries in Korea," Journal of Policy Modeling, Elsevier, vol. 21(4), pages 427-452, July.
    • Handle: RePEc:eee:jpolmo:v:21:y:1999:i:4:p:427-452
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    1. Benhabib, Jess & Jovanovic, Boyan, 1991. "Externalities and Growth Accounting," American Economic Review, American Economic Association, vol. 81(1), pages 82-113, March.
    2. Nishimizu, Mieko & Robinson, Sherman, 1984. "Trade policies and productivity change in semi-industrialized countries," Journal of Development Economics, Elsevier, vol. 16(1-2), pages 177-206.
    3. Dollar, David & Sokoloff, Kenneth, 1990. "Patterns of productivity growth in South Korean manufacturing industries, 1963-1979," Journal of Development Economics, Elsevier, vol. 33(2), pages 309-327, October.
    4. T. S. Breusch & A. R. Pagan, 1980. "The Lagrange Multiplier Test and its Applications to Model Specification in Econometrics," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 47(1), pages 239-253.
    5. Pack, Howard & Westphal, Larry E., 1986. "Industrial strategy and technological change : Theory versus reality," Journal of Development Economics, Elsevier, vol. 22(1), pages 87-128, June.
    6. Westphal, Larry E, 1990. "Industrial Policy in an Export-Propelled Economy: Lessons from South Korea's Experience," Journal of Economic Perspectives, American Economic Association, vol. 4(3), pages 41-59, Summer.
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    Cited by:

    1. Zhang, Shangfeng & Chen, Congcong & Xu, Siwa & Xu, Bing, 2021. "Measurement of capital allocation efficiency in emerging economies: evidence from China," Technological Forecasting and Social Change, Elsevier, vol. 171(C).
    2. Xu, Mengmeng & Tan, Ruipeng, 2021. "Removing energy allocation distortion to increase economic output and energy efficiency in China," Energy Policy, Elsevier, vol. 150(C).

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