Boosting Productivity in Korea's Service Sector:
Labour productivity growth in the service sector has been low relative to manufacturing. This is explained in part by weak competition in services resulting from strict product market regulation and the low level of import penetration and inflows of foreign direct investment (FDI). Increasing produc...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Paris
OECD Publishing
2009
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| Schriftenreihe: | OECD Economics Department Working Papers
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| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | Labour productivity growth in the service sector has been low relative to manufacturing. This is explained in part by weak competition in services resulting from strict product market regulation and the low level of import penetration and inflows of foreign direct investment (FDI). Increasing productivity growth in the service sector, which accounts for 67% of employment and 58% of value added in Korea, is essential to sustain high potential growth. The priority is to strengthen competition by eliminating domestic entry barriers, accelerating regulatory reform, upgrading competition policy and reducing barriers to trade and inflows of FDI. Another challenge is to enhance the performance and accelerate the restructuring of small and medium-sized enterprises, which account for over 90% of service-sector employment. Furthermore, it is essential to boost productivity in service industries with high growth potential, such as telecommunications and financial and business |
| Beschreibung: | 1 Online-Ressource (38 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/226625875038 |
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| 520 | |a Labour productivity growth in the service sector has been low relative to manufacturing. This is explained in part by weak competition in services resulting from strict product market regulation and the low level of import penetration and inflows of foreign direct investment (FDI). Increasing productivity growth in the service sector, which accounts for 67% of employment and 58% of value added in Korea, is essential to sustain high potential growth. The priority is to strengthen competition by eliminating domestic entry barriers, accelerating regulatory reform, upgrading competition policy and reducing barriers to trade and inflows of FDI. Another challenge is to enhance the performance and accelerate the restructuring of small and medium-sized enterprises, which account for over 90% of service-sector employment. Furthermore, it is essential to boost productivity in service industries with high growth potential, such as telecommunications and financial and business | ||
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| spelling | Jones, Randall S... Verfasser aut Boosting Productivity in Korea's Service Sector Randall S. Jones = Rehausser la productivité dans le secteur des services en Corée / Randall S. Jones Rehausser la productivité dans le secteur des services en Corée Paris OECD Publishing 2009 1 Online-Ressource (38 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers Labour productivity growth in the service sector has been low relative to manufacturing. This is explained in part by weak competition in services resulting from strict product market regulation and the low level of import penetration and inflows of foreign direct investment (FDI). Increasing productivity growth in the service sector, which accounts for 67% of employment and 58% of value added in Korea, is essential to sustain high potential growth. The priority is to strengthen competition by eliminating domestic entry barriers, accelerating regulatory reform, upgrading competition policy and reducing barriers to trade and inflows of FDI. Another challenge is to enhance the performance and accelerate the restructuring of small and medium-sized enterprises, which account for over 90% of service-sector employment. Furthermore, it is essential to boost productivity in service industries with high growth potential, such as telecommunications and financial and business Economics Korea, Republic of https://doi.org/10.1787/226625875038 Verlag kostenfrei Volltext |
| spellingShingle | Jones, Randall S.. Boosting Productivity in Korea's Service Sector Economics Korea, Republic of |
| title | Boosting Productivity in Korea's Service Sector |
| title_alt | Rehausser la productivité dans le secteur des services en Corée |
| title_auth | Boosting Productivity in Korea's Service Sector |
| title_exact_search | Boosting Productivity in Korea's Service Sector |
| title_exact_search_txtP | Boosting Productivity in Korea's Service Sector |
| title_full | Boosting Productivity in Korea's Service Sector Randall S. Jones = Rehausser la productivité dans le secteur des services en Corée / Randall S. Jones |
| title_fullStr | Boosting Productivity in Korea's Service Sector Randall S. Jones = Rehausser la productivité dans le secteur des services en Corée / Randall S. Jones |
| title_full_unstemmed | Boosting Productivity in Korea's Service Sector Randall S. Jones = Rehausser la productivité dans le secteur des services en Corée / Randall S. Jones |
| title_short | Boosting Productivity in Korea's Service Sector |
| title_sort | boosting productivity in korea s service sector |
| topic | Economics Korea, Republic of |
| topic_facet | Economics Korea, Republic of |
| url | https://doi.org/10.1787/226625875038 |
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