Industrial policy and market structure: Korean auto assembly

Auteur(s) et Affiliation(s)



Description :
In most newly industrializing economies, entrants face home markets which are still too small to support a single world scale firm. Their entry into auto assembly was premature and it has created pressure to prolong state support for the infant sector. This has led to policy capture, which can result in substantial welfare losses. Korea suggests that the maturation of auto assembly may proceed faster if governments confine themselves to promoting domestic assemblers through strategic alliances with global firms.


Type de document :
Article de périodique

Source :
Tijdschrift voor economische en sociale geografie, issn : 0040-747X, 1996, vol. 87, n°. 5, p. 419-430, Collation : Illustration, Références bibliographiques : 53 ref.

Date :
1996

Editeur :
Pays édition : Pays-Bas, Amsterdam, Koninklijk Nederlands Aardrijkskundig Genootschap