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International Comparison of Productivity in Market Services: Korea with EU KLEMS Member Countries

In: Industrial Productivity in Europe

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  • Hyun Jeong Kim
  • Hak Kil Pyo

Abstract

This book analyzes growth at the total economy and industry level from an international perspective, providing unique cross-country comparisons. The authors focus on the EU-25 countries but also include the US, Japan and Korea. The chapters explore growth patterns from a long-run perspective, although greater attention is paid to the period of expansion from 1995–2007 and the post 2008 period of crisis. Each contribution builds on a common methodology based on a detailed database providing a high degree of disaggregation with respect to the industries and factors accounting for growth. The role played by ICT is expertly emphasized, in particular the different paths followed in the US and the EU.

Suggested Citation

  • Hyun Jeong Kim & Hak Kil Pyo, 2012. "International Comparison of Productivity in Market Services: Korea with EU KLEMS Member Countries," Chapters, in: Matilde Mas & Robert Stehrer (ed.), Industrial Productivity in Europe, chapter 15, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14369_15
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    References listed on IDEAS

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    6. Good, D. & Nadiri, M.I. & Sickles, R., 1996. "Index Number and Factor Demand Approaches to the Estimarion of Productivity," Working Papers 96-34, C.V. Starr Center for Applied Economics, New York University.
    7. Keun Rhee & Hak Pyo, 2010. "Financial crisis and relative productivity dynamics in Korea: evidence from firm-level data (1992–2003)," Journal of Productivity Analysis, Springer, vol. 34(2), pages 111-131, October.
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