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Management Practices and Firm Performance in Japanese and Korean Firms

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Author Info

  • Keun Lee

    (Japan Center For Economic Research)

  • Tsutomu Miyagawa
  • Shigesaburo Kabe
  • Junhyup Lee
  • Hyoungjin Kim
  • Young Gak Kim
Registered author(s):

Abstract

The US economy had accelerated economic growth since the late 1990s. At first, many economists and policy makers believed that the rapid growth in the IT industry and IT investment contributed to the acceleration in US economic growth and many advanced countries supported the IT industry and IT investment in their own countries. However, the gap in rates of economic or productivity growth between the US and other advanced countries has remained even in the early 2000s. Since then, many economists have paid attention to the complementary role in intangible assets in productivity growth, that is, they started to believe that without intangible assets, the IT assets does not contribute to productivity growth at the firm and aggregated level.

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File URL: http://www.eaber.org/node/22990
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Bibliographic Info

Paper provided by East Asian Bureau of Economic Research in its series Microeconomics Working Papers with number 22990.

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Date of creation: Jan 2009
Date of revision:
Handle: RePEc:eab:microe:22990

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Postal: JG Crawford Building #13, Asia Pacific School of Economics and Government, Australian National University, ACT 0200
Web page: http://www.eaber.org
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Related research

Keywords: Japanese firms; Korean firms; management practices;

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References

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  1. Carol Corrado & Charles Hulten & Daniel Sichel, 2004. "Measuring capital and technology: an expanded framework," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) 2004-65, Board of Governors of the Federal Reserve System (U.S.).
  2. Mauro Giorgio Marrano & Jonathan Haskel & Gavin Wallis, 2007. "What Happened to the Knowledge Economy? ICT, Intangible Investment and Britain's Productivity Record Revisited," Working Papers, Queen Mary, University of London, School of Economics and Finance 603, Queen Mary, University of London, School of Economics and Finance.
  3. Nicholas Bloom & Christos Genakos & Raffaella Sadun & John Van Reenen, 2012. "Management Practices Across Firms and Countries," NBER Working Papers 17850, National Bureau of Economic Research, Inc.
  4. Carol Corrado & Charles Hulten & Daniel Sichel, 2006. "Intangible capital and economic growth," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) 2006-24, Board of Governors of the Federal Reserve System (U.S.).
  5. FUKAO Kyoji & HAMAGATA Sumio & MIYAGAWA Tsutomu & TONOGI Konomi, 2007. "Intangible Investment in Japan: Measurement and Contribution to Economic Growth," Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) 07034, Research Institute of Economy, Trade and Industry (RIETI).
  6. Takahito Kanamori & Kazuyuki Motohashi, 2006. "Centralization or Decentralization of Decision Rights? Impact on IT Performance of Firms," Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) 06032, Research Institute of Economy, Trade and Industry (RIETI).
  7. Carol Corrado & John Haltiwanger & Dan Sichel, 2005. "Measuring Capital in the New Economy," NBER Books, National Bureau of Economic Research, Inc, number corr05-1, October.
  8. Casey Ichniowski, 1990. "Human Resource Management Systems and the Performance of U.S. Manufacturing Businesses," NBER Working Papers 3449, National Bureau of Economic Research, Inc.
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Cited by:
  1. MIYAGAWA Tsutomu & Keun LEE & EDAMURA Kazuma & YoungGak KIM & Hosung JUNG, 2014. "Is Productivity Growth Correlated with Improvements in Management Quality? An empirical study using interview surveys in Korea and Japan," Discussion papers, Research Institute of Economy, Trade and Industry (RIETI) 14048, Research Institute of Economy, Trade and Industry (RIETI).

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