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Working Paper

Macro-Economic Aspects of the Korean Public Enterprise Sector

페이스북
커버이미지
  • 저자 사공일(司空壹)
  • 발행일 1979/11/01
  • 시리즈 번호 7906
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요약 It was attempted to show in this study that the nations's
public enterprise sector has been playing important economic
roles, both quantitatively and qualitatively, for the nation's
economic development. The sector's contribution to the nation's
manufacturing GDP has been substantial and its production
linkages have also been relatively high. The sector played a
significant entrepreneurial substition and support role during the
rapid growth period of the 1960's. A substantial portion of the
nation's entrepreneurial and managerial gap has been filled by
the sector's activity.

The sector's quantitative and strategic significance for the
national economy naturally calls for a renewed attention to be
paid on the issue of the economic efficiency of the sector. It was
suggested in this study that the controlling and organizational
structure of individual public enterprise should be a key factor in
determining a differential performance of the public enterprise
form its private counterparts. It is also suggested, therefore, that
any performance evaluation of public enterprises should take this
factor into consideration.

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