Using plant-level panel data on the Korean manufacturing sector during the 1990-98 period, this study tries to assess the role of entry and exit in enhancing aggregate productivity, both qualitatively and quantitatively. The main findings of this study are summarized as follows. First, plant...

This article examines the dynamic industrial competitive process in Korea through an analysis of determinants and consequences of industry turnovers. Entering firms include both entirely new producers (births) and producers that have moved in from another industry (switch-ins). Likewise, exiting...

After five decades of industrialization, Korea now resembles the major advanced economies in its basic industrial profile. But with industrial activities heavily concentrated in low to medium value added industrial activities such as processing and production, Korea remains behind these...