Ito, Keiko; Jung, Moosup; Kim, Young Gak; Yuan, Tangjun - 2008
Japan, Korea, and China, while at the same time illuminating the mechanism that has driven the narrowing in the productivity … is very small for Japanese firms. While the within-industry ranking of TFP levels hardly changes in the case of Japan …, fluctuations in the ranking are relatively frequent in the case of Korea. Third, in Korea, the TFP levels of low-performing firms …