Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/316609 
Year of Publication: 
2022
Citation: 
[Journal:] East Asian Economic Review (EAER) [ISSN:] 2508-1667 [Volume:] 26 [Issue:] 4 [Year:] 2022 [Pages:] 257-277
Publisher: 
Korea Institute for International Economic Policy (KIEP), Sejong-si
Abstract: 
Does servitization improve manufacturing firms'performance, and in what condition? Following Crozet and Milet (2017)'s seminal work, this study analyzes disaggregated firm-level data that covers 40,000 South Korean manufacturing firms surveyed by the Survey of Business Activities of Korea. We compute firm-level servitization intensity with available sales data of each firm by two-digit SIC sub-sectors. We find two novel empirical regularities: Korean servitization intensity distribution shows a very different shape from the French benchmark; Servitized firms tend to perform higher profitability and higher productivity.
Subjects: 
Servitization
Manufacturing
Firm Performance
Productivity
JEL: 
L25
M20
O31
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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