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논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2008.1
- 수록면
- 551 - 577 (27page)
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초록· 키워드
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The purpose of our study is to identify sources of economic growth for the Republic of Korea, which experienced a financial crisis in 1997 after joining the OECD. We provide estimates of output, input, and productivity based on the newly constructed Korea Industrial Productivity (KIP) database following EU KLEMS project guidelines. We find that Korea’s catch-up process with industrial nations during its period of late industrialization has been predominantly input-led and manufacturing-based. However, following the financial crisis in December 1997, the Korean economy growth seems to have shifted to productivity-led growth. However, lower productivity in the service industries seems to work against a renewed sustainable growth path.
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참고문헌 (23)
참고문헌 신청
Berndt,Ernst R.,and Christensen,Laurits R."The Translog Function and the Substitution of Equipment,Structures,and Labor in U.S.Manufacturing,1929- / 1973 / The Translog Funct
Denny, Michael / 1977 / The Use of Approximation Analysis to Test for Separability and the Existence of Consistent Aggregates / American Economic Review 67 (3) : 404 ~ 418
Fukao, Kyoji / 2006 / Estimation Procedures and TFP Analysis of the JIP Database 2006. RIETI Discussion Paper Series 07-E-003, June 2007
Inklaar, Robert / 2006 / Mind the Gap!: International Comparisons of Productivity in Services and Goods Production. GGDC Research Memorandum GD-89, Groningen Growth and Development Cen
Jorgenson, Dale W. / 1987 / Economic Growth / Harvard University Press
Denny, Michael / 1977 / The Use of Approximation Analysis to Test for Separability and the Existence of Consistent Aggregates / American Economic Review 67 (3) : 404 ~ 418
Fukao, Kyoji / 2006 / Estimation Procedures and TFP Analysis of the JIP Database 2006. RIETI Discussion Paper Series 07-E-003, June 2007
Inklaar, Robert / 2006 / Mind the Gap!: International Comparisons of Productivity in Services and Goods Production. GGDC Research Memorandum GD-89, Groningen Growth and Development Cen
Jorgenson, Dale W. / 1987 / Economic Growth / Harvard University Press
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