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Transaction Costs And Export Channels Of Small And Medium‐Sized Enterprises: The Case Of Korea

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  • LINSU KIM
  • JEFFREY B. NUGENT
  • SEUNG‐JAE YHEE

Abstract

This paper develops hypotheses concerning firm‐ and industry‐specific factors determining the relative importance to manufacturing exporters of different export channels in relatively high transaction cost Korean small and medium‐sized enterprises (SMEs). Data from a Korean SME survey demonstrate the validity of several hypotheses and reveal that most sample SMEs rate the external support for international marketing rather low. The paper offers recommendations for reforming such support.

Suggested Citation

  • Linsu Kim & Jeffrey B. Nugent & Seung‐Jae Yhee, 1997. "Transaction Costs And Export Channels Of Small And Medium‐Sized Enterprises: The Case Of Korea," Contemporary Economic Policy, Western Economic Association International, vol. 15(1), pages 104-120, January.
    • Handle: RePEc:bla:coecpo:v:15:y:1997:i:1:p:104-120
    DOI: 10.1111/j.1465-7287.1997.tb00458.x
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    References listed on IDEAS

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    Cited by:

    1. Roberto Basile & Anna Giunta & Jeffrey Nugent, 2003. "Foreign Expansion by Italian Manufacturing Firms in the Nineties: an Ordered Probit Analysis," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 23(1), pages 1-24, August.
    2. Petrit Gashi & Iraj Hashi & Geoff Pugh, 2014. "Export behaviour of SMEs in transition countries," Small Business Economics, Springer, vol. 42(2), pages 407-435, February.
    3. Goh, Soo Khoon & Wong, Koi Nyen, 2011. "Malaysia's outward FDI: The effects of market size and government policy," Journal of Policy Modeling, Elsevier, vol. 33(3), pages 497-510, May.

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