Publications
Detailed Information
Production Capacity and Patterns of Exit in Declining Industries
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Yoo, JinSoo | - |
dc.date.accessioned | 2009-01-16T01:11:53Z | - |
dc.date.available | 2009-01-16T01:11:53Z | - |
dc.date.issued | 1992-07 | - |
dc.identifier.citation | Seoul Journal of Economics, Vol.5 No.3, pp. 231-240 | - |
dc.identifier.issn | 1225-0279 | - |
dc.identifier.uri | https://hdl.handle.net/10371/955 | - |
dc.description.abstract | This paper investigates how production capacities of firms affect the firm behavior in declining industries. An exit model in which firms do not have to operate at full capacity is presented. The result shows that it is the size of firms' operating costs relative to their opportunity costs of capital that determines the patterns of exit in declining industries. It is an interesting result since a larger firm. contrary to the existing literature, can survive longer than a smaller firm when the operating costs dominate the opportunity costs of capital. | - |
dc.language.iso | en | - |
dc.publisher | Institute of Economic Research, Seoul National University | - |
dc.subject | USITC | - |
dc.subject | cross-sectional data | - |
dc.subject | pattern of exit | - |
dc.title | Production Capacity and Patterns of Exit in Declining Industries | - |
dc.type | SNU Journal | - |
dc.contributor.AlternativeAuthor | 유진수 | - |
dc.citation.journaltitle | Seoul Journal of Economics | - |
dc.citation.endpage | 240 | - |
dc.citation.number | 3 | - |
dc.citation.pages | 231-240 | - |
dc.citation.startpage | 231 | - |
dc.citation.volume | 5 | - |
- Appears in Collections:
- Files in This Item:
Item View & Download Count
Items in S-Space are protected by copyright, with all rights reserved, unless otherwise indicated.