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Effects of Small Business Support Projects: Evidence from Korea

Author

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  • Lee, Jinkook

Abstract

On average, small business support projects appear to improve beneficiary sales, and the growth effect is obvious when supporting young or growing firms. However, the effect is largely offset by sales reductions due to overcrowding. Small business support projects must be operated in two ways to alleviate the overcrowding of businesses in a few industries and to enhance the overall effectiveness of the support programs.

Suggested Citation

  • Lee, Jinkook, 2020. "Effects of Small Business Support Projects: Evidence from Korea," KDI Journal of Economic Policy, Korea Development Institute (KDI), vol. 42(1), pages 1-30.
    • Handle: RePEc:zbw:kdijep:215908
    DOI: 10.23895/kdijep.2020.42.1.1
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    More about this item

    Keywords

    Small Business Owner; SME; Support Policy; Support Project; Overcrowding;
    All these keywords.

    JEL classification:

    • C13 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Estimation: General
    • D40 - Microeconomics - - Market Structure, Pricing, and Design - - - General
    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General

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