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The Internationalization and Performance of Korean and Japanese Firms: An Empirical Analysis Based on Micro-data

  • Sanghoon Ahn
  • Kyoji Fukao
  • Hyeog Ug Kwon

Both Korea and Japan are leading exporting countries of advanced manufactured products, and the competitive and efficient manufacturing activities are important pillars of the affluence of the two economies. Yet, comparing the manufacturing sectors of the two countries in the 1990s brings to light a startling contrast in their performance. Applying the same empirical method to the analysis of micro-data for Japanese manufacturing firms for 1994-2001 and Korean manufacturing plants for 1990-98, this paper examines differentials in Japanese and Korean productivity growth. This paper focuses on the role of competition in firm dynamics and on the importance of internationalization as a major determinant of firm performance.

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Paper provided by Research Institute of Economy, Trade and Industry (RIETI) in its series Discussion papers with number 05008.

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Length: 45 pages
Date of creation: Mar 2005
Date of revision:
Handle: RePEc:eti:dpaper:05008
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  1. Ricardo J. Caballero & Takeo Hoshi & Anil K. Kashyap, 2008. "Zombie Lending and Depressed Restructuring in Japan," American Economic Review, American Economic Association, vol. 98(5), pages 1943-77, December.
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  28. repec:cup:cbooks:9781107411289 is not listed on IDEAS
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