haku: @author Jeong, K. J. / yhteensä: 1
viite: 1 / 1
« edellinen | seuraava »
Tekijä: | Jeong, K. J. Masson, R. T. |
Otsikko: | Market structure, entry, and performance in Korea |
Lehti: | Review of Economics and Statistics
1990 : AUG, VOL. 72:3, p. 455-462 |
Asiasana: | MARKET STRUCTURE ENTRY CONDITIONS KOREA, SOUTH GOVERNMENT ECONOMIC GROWTH |
Kieli: | eng |
Tiivistelmä: | A recursive model of structure-entry-performance is applied with structural feedbacks to 62 Korean manufacturing industries for 1976-1981. The results indicate that, despite active government intervention, the invisible hand is working: structure is evolving as expected with high profits leading to entry and consequently lower profits. However, there is little support for limit pricing hypotheses in this explosively growing economy. |
« edellinen | seuraava »
SCIMA