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한국개발연구. Vol. 9, No. 1, June 1987, pp. 69-81
https://doi.org/10.23895/kdijep.1987.9.1.69
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The Effect of Uncertainty on the Firm Size : Case of the Textiles Industry (Written in Korean)
Abstract
본고는 기업이 당면하고 있는 시장수요의 변화에 따른 불확실성이 기업규모결정에 미치는 영향을 구명하고자 하였으며, 불확실성이 시장가격의 변화로 나타나는 변화과정을 확률과정으로 가정하여 모형정립을 하였다. 실증분석에 있어서는 1980년도 한국표준산업분류상 5digit를 기준으로 섬유산업을 사례로 하여 총35개를 추출하여 횡단면분석을 시도하였으며, 요인분석을 사용하여 불가측변수인 불확실성을 가측변수화 하였다. 섬유산업은 상품디자인의 변화로 인한 시장수요의 불확실성이 높은 것이 특징이다. 실증분석 결과는 섬유산업 내 기업들이 불확실성하에 비례하여 보다 노동집약적임을 보이고 있는바, 이는 시장수요에 대한 불확실성이 높을수록 기업의 적정규모가 작다는 것을 나타낸다고 할 수 있다.
JEL Code
D80, L21
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Other articles from this issue
- An Analysis of the Effects of the 'Three Blessings' on the Korean Economy with a Time-Varying BVAR Model (Written in Korean)
- A Dynamic Analysis of Labor Turnover in Korea (Written in Korean)
- An Empirical Analysis of the Determinants of Labor Absorptive Capacity and Manpower Demand (Written in Korean)
- The Effect of Uncertainty on the Firm Size : Case of the Textiles Industry (Written in Korean)
- An Empirical Analysis of the Determinants of Korea's Loyalty Payments in Technology Licensing (Written in Korean)
- The Economic Impact of Protecting Foreign Copyright Works (Written in Korean)
- A Structural Analysis of the Effects of Interest Rate: Comment (Written in Korean)
- A Structural Analysis of the Effects of Interest Rate: Reply (Written in Korean)
- Money Supply Shocks and the Short-Run Demand for Money: An Analysis of the Shock-Absorber Demand Function : Comment (Written in Korean)
- Money Supply Shocks and the Short-Run Demand for Money: An Analysis of the Shock-Absorber Demand Function : Reply (Written in Korean)
- The Master National Pension Plan and Its Social Economic Effects: Book Review (Written in Korean)
- Economic Policy and Management in North Korea: Book Review (Written in Korean)
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