Determinants of plant performance dynamics : empirical analysis of the manufacturing sector in Indonesia, 1990-2000

Managi, Shunsuke & Kaneko, Shinji (2008) Determinants of plant performance dynamics : empirical analysis of the manufacturing sector in Indonesia, 1990-2000. World Review of Entrepreneurship, Management and Sustainable Development, 4(4), p. 273.

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We identify determinants of plant dynamics and find their differences before, during, and after the Asian financial crisis. The results show that the distinction of the crisis is important and the effects of the crisis do not seem to persist after 1998. Furthermore, we reject Gibrat's law as the right functional form to describe plant growth. We are not able to support empirically the theoretical results that smaller and efficient plants tend to grow faster than larger and inefficient plants with the exception of the crisis period. The results reflect that there was a trickle down effect of economic development.

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ID Code: 75496
Item Type: Journal Article
Refereed: Yes
Keywords: Asian financial crisis; Indonesian manufacturing; Plant dynamics
DOI: 10.1504/WREMSD.2008.020112
ISSN: 1746-0581
Subjects: Australian and New Zealand Standard Research Classification > ECONOMICS (140000) > APPLIED ECONOMICS (140200)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Current > Schools > School of Economics & Finance
Copyright Owner: Copyright 2008 Inderscience Publishers
Deposited On: 25 Aug 2014 00:15
Last Modified: 26 Aug 2014 04:55

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