Productivity and Growth Performance Differentials by Firm Size in Korean Manufacturing

우리나라 제조업 부문의 사업체 규모별 성장성 및 생산성 분포의 변화 추이 분석

Kim, Young-Joon

  • Received : 2015.07.13
  • Accepted : 2015.09.11
  • Published : 2015.09.30


This paper investigates the differentials in productivity and growth performance between small and medium size and large size firms in Korean manufacturing industries. According to the empirical analysis based on the Mining and Manufacturing Survey of Statistics Korea, this paper finds the following facts. First, the level of contribution of capital deepening on the growth rate of output(value added) is relatively greater in the small and medium size firm group, while the level of contribution of total factor productivity on the growth rate is relatively greater in the large size firm group. Second, the productivity polarization among the firms has increased relatively greater in the large size firm group over the past decade.


Capital Deepening;Firm Size;Growth Accounting;Productivity


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Supported by : 상명대학교