Skip to main content

Productivity growth in Korea: efficiency improvement or technical progress?

Buy Article:

$53.17 plus tax (Refund Policy)


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 of Korean and Taiwanese manufacturing, but are consistent with those of cross-country studies. Regression results show that both domestic and foreign R&D played an important role in increasing efficiency and technical progress in Korean manufacturing. However, domestic R&D has more effect on technical progress, while foreign R&D has played a relatively stronger role in efficiency improvement.

Document Type: Research Article


Affiliations: 1: Department of Economics, Chonnam National University, Kwangju 500-757, Korea 2: Department of Economics, Soongsil University, Seoul 156-743, Korea

Publication date: 2006-05-10

More about this publication?
  • Access Key
  • Free ContentFree content
  • Partial Free ContentPartial Free content
  • New ContentNew content
  • Open Access ContentOpen access content
  • Partial Open Access ContentPartial Open access content
  • Subscribed ContentSubscribed content
  • Partial Subscribed ContentPartial Subscribed content
  • Free Trial ContentFree trial content
Cookie Policy
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more