링크를 클릭하시면, 이 보고서의 한국어 버전을 보실 수 있습니다: 'http://ssrn.com/abstract=2951562' http://ssrn.com/abstract=2951562■ Equipment investment showed improvements thanks to the recent boom in a few sectors such as semiconductors. But, the average capacity...

This paper examines the effect of the global financial crisis on corporate investment in Korea. Specifically, the crisis was considered to have possibly constrained firm-level investment as the negative shock to the credit supply dramatically unfolded. As Duchin et al.(2010) demonstrated, if a...