Áß¼Ò±â¾÷¿¬±¸ 44±Ç 4È£ (2022³â 12¿ù)
¾Æ·¡³í¹®Áß¿¡¼ ÁÖÁ¦ ¶Ç´Â ÃʷϺ¸±â¸¦ Ŭ¸¯ÇÏ½Ã¸é ³í¹®ÃÊ·ÏÀÇ ³»¿ëÀ» ¹Ì¸®º¸±â ÇϽǼö ÀÖ½À´Ï´Ù.
The Effects of Economies of Scale and Technological Catch up in Firm Level Total Factor Productivity Convergence
[Abstract]
This study explored the effect of economies of scale and technological catch up on firm level total factor productivity convergence process, using a panel data set of manufacturing firms from the Korean Innovation Survey for the period 2012-2018. The results show that there is convergence for the period as a whole, but the speed of convergence slows down after 2010. Most of the convergence seems to be due to non-technological factors rather than due to technological catch up or diffusion. The diversion of total factor productivity between large and small firms seems to dampen the overall convergence effect.
Cross-Sectional Earnings Models and Earnings Forecasts: KOSPI vs. KOSDAQ