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Firm-level survey provides data on Asia's corporate crisis and recovery

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Author Info
Hallward-Driemeier, Mary

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Abstract

Researchers have decried the limited supply of objective, comparable firm-level data from developing countries. The author describes a new database that helps fill this information gap. The database has detailed records on 4000 firms operating in Indonesia, the Republic of Korea, Malaysia, the Philippines, and Thailand. A comparable survey instrument and sampling methodology was used in each country, and all five studies were carried out simultaneously. The data cover three years (1996-98), allowing for measurements of firm performance before and immediately after the East Asian financial crisis. The questionnaire focused on measuring the impact of the regional financial crisis at the microeconomic level and understanding the longer-run determinants of productivity, employment practices, and financial structure. This database--the first step in the important Firm Analysis and Competitiveness Surveys initiative that the World Bank is spearheading--will be joined by additional country databases. The aim is to fill the gap in much-needed microeconomic evidence using comparable instruments.

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Publisher Info
Paper provided by The World Bank in its series Policy Research Working Paper Series with number 2515.

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Date of creation: 31 Jan 2001
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Handle: RePEc:wbk:wbrwps:2515

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Keywords: Environmental Economics&Policies; ICT Policy and Strategies; Private Participation in Infrastructure; Microfinance; Small Scale Enterprise;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    Other versions:
  5. Bigsten, Arne, et al, 1999. " Investment in Africa's Manufacturing Sector: A Four Country Panel Data Analysis," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 61(4), pages 489-512, November. [Downloadable!] (restricted)
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  6. Aitken, Brian & Harrison, Ann & DEC, 1994. "Do domestic firms benefit from foreign direct investment? Evidence from panel data," Policy Research Working Paper Series 1248, The World Bank. [Downloadable!]
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  14. Reinikka, Ritva & Svensson, Jakob, 1999. "Confronting competition - investment response and constraints in Uganda," Policy Research Working Paper Series 2242, The World Bank. [Downloadable!]
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  18. Harris, John R & Schiantarelli, Fabio & Siregar, Miranda G, 1994. "The Effect of Financial Liberalization on the Capital Structure and Investment Decisions of Indonesian Manufacturing Establishments," World Bank Economic Review, Oxford University Press, vol. 8(1), pages 17-47, January.
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  20. Nabi, Ijaz, 1989. "Investment in Segmented Capital Markets," The Quarterly Journal of Economics, MIT Press, vol. 104(3), pages 453-62, August. [Downloadable!] (restricted)
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  22. Biggs, T. & Shah, M. & Srivastava, P., 1995. "Technological Capabilities and Learning in African Enterprises," Papers 288, World Bank - Technical Papers.
  23. Huntley Schaller, 1993. "Asymmetric Information, Liquidity Constraints and Canadian Investment," Canadian Journal of Economics, Canadian Economics Association, vol. 26(3), pages 552-74, August. [Downloadable!] (restricted)
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  26. Dollar, David & Hallward-Driemeier, Mary, 2000. "Crisis, Adjustment, and Reform in Thailand's Industrial Firms," World Bank Research Observer, Oxford University Press, vol. 15(1), pages 1-22, February. [Downloadable!]
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  30. Young, Alwyn, 1995. "The Tyranny of Numbers: Confronting the Statistical Realities of the East Asian Growth Experience," The Quarterly Journal of Economics, MIT Press, vol. 110(3), pages 641-80, August. [Downloadable!] (restricted)
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Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Aaron Tornell & Frank Westermann, 2002. "Boom-Bust Cycles in Middle Income Countries: Facts and Explanation," NBER Working Papers 9219, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  2. Kyle Hyndman & Giovanni Serio, 2007. "Competition and Inter-Firm Credit: Theory and Evidence from Firm-level Data in Indonesia," Departmental Working Papers 0702, Southern Methodist University, Department of Economics. [Downloadable!]
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