Search

Your search keyword '"Kim, Taegi"' showing total 33 results
Start Over Author "Kim, Taegi"
33 results on '"Kim, Taegi"'

10. Productivity growth in Korea: efficiency improvement or technical progress?

Author

Kim, Taegi and Park, Changsuh

Subjects
Manufacturing industry -- Case studies, Manufacturing industry -- Research, Business, Business, general, Economics
Abstract

This paper shows that the productivity gains in Korean manufacturing are mostly from efficiency improvement rather than from technical progress. These findings are contrary to those of previous sectoral studies [...]

Published
2006

16. Investment and adjustment costs of Korean firms in view of Tobin’s q

Author

Kim, Shin-Haing and Kim, Taegi

Abstract

ABSTRACTThis paper investigates investment decisions of Korean firms in view of Tobin’s q, and examines whether the adjustment costs of investment in group firms are lower than those in independent firms. We use firm-level data for 1,106 Korean manufacturing firms over the period 1982 to 2015. The results are as follows. First, group firms are much larger than independent firms, and investment rates are higher in group firms than in independent firms. Second, Tobin’s qis a significant determinant of investment, and the adjustment costs of investment are smaller in group firms than in independent firms. Third, the adjustment-cost advantage of group firms is greater before the financial crisis of 1997. Fourth, a firm’s cash holdings and foreign ownership contribute to increasing investment. This study suggests that group firms invest more than independent firms due to lower adjustment costs, and consequently contribute to economic growth through investment expansion.

Published
2020
Full Text
View/download PDF

17. Country size, income level and intra-industry trade

Author

Keun-Yeob Oh and Kim Taegi

Subjects
Economics and Econometrics, Panel analysis, Intra-industry trade, Homogeneous, Endowment, Economics, Income level, Pooled data, Product differentiation, Monetary economics, International economics
Abstract

This study investigates three testable hypotheses of intra-industry trade., It begins by developing a theoretical, two country model., The model explicitly includes two goods: differentiated products and homogeneous goods., Then three empirical hypotheses are derived as follows., The share of intra-industry trade will be large: (a) if the two economies are of similar size, (b) if the capital-labour endowment ratio of both countries is similar, and (c) if the total size of the two economies is large., From the cross-sectional analysis using 1970–1994 data, results are obtained that support the model., Furthermore, the results are confirmed using panel analysis on the pooled data.

Published
2001

33. Country size, income level and intra-industry trade.

Author

Kim Taegi and Keun-Yeob Oh

Subjects
INCOME, INTRA-industry trade, ECONOMIC models, LABOR, COMMERCE, MANUFACTURED products, HYPOTHESIS, DATA analysis
Abstract

This study investigates three testable hypotheses of intra-industry trade. It begins by developing a theoretical, two country model. The model explicitly includes two goods: differentiated products and homogeneous goods. Then three empirical hypotheses are derived as follows. The share of intra-industry trade will be large: (a) if the two economies are of similar size, (b) if the capital-labour endowment ratio of both countries is similar, and (c) if the total size of the two economies is large. From the cross-sectional analysis using 1970-1994 data, results are obtained that support the model. Furthermore, the results are confirmed using panel analysis on the pooled data. [ABSTRACT FROM AUTHOR]

Published
2001
Full Text
View/download PDF

Catalog

Books, media, physical & digital resources
See catalog results