haku: @indexterm Industrial performance / yhteensä: 256
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Tekijä:Lee, J.
Otsikko:Market performance and long-term contracting in United States natural gas markets.
Lehti:Journal of Industrial Economics
1986 : SEP, VOL. 35:1, p.81-96
Asiasana:TECHNOLOGY
INDUSTRIAL PERFORMANCE
KOREA
Kieli:eng
Tiivistelmä:Determinants of technical efficiency is examined first in terms of competition and government regulation in Korean industries,relying heavily upon the concept of X-efficiency and rent-seeking activities. Allocatable efficiency - measured as profitability - is considered with technical efficiency as a determinant. The outcome of the regression shows that both the sheltering of industries from international competition and the financial market distortions strongly affect technical efficiency and that technical efficiency as well as effective protection rate are important determinants of profitability.
SCIMA tietueen numero: 68438
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