Determinants of plant performance dynamics: Empirical analysis of the manufacturing sector in Indonesia, 1990-2000

Shunsuke Managi, Shinji Kaneko

Research output: Contribution to journalArticle

Abstract

We identify determinants of plant dynamics and find their differences before, during, and after the Asian financial crisis. The results show that the distinction of the crisis is important and the effects of the crisis do not seem to persist after 1998. Furthermore, we reject Gibrat's law as the right functional form to describe plant growth. We are not able to support empirically the theoretical results that smaller and efficient plants tend to grow faster than larger and inefficient plants with the exception of the crisis period. The results reflect that there was a trickle down effect of economic development.

Original languageEnglish
Pages (from-to)273-290
Number of pages18
JournalWorld Review of Entrepreneurship, Management and Sustainable Development
Volume4
Issue number4
DOIs
Publication statusPublished - Sep 15 2008

Fingerprint

Dynamic analysis
Economics
Empirical analysis
Manufacturing sector
Plant performance
Indonesia
Economic development
Asian financial crisis
Functional form
Gibrat's law

All Science Journal Classification (ASJC) codes

  • Business and International Management
  • Renewable Energy, Sustainability and the Environment
  • Economics and Econometrics

Cite this

@article{2a888de7126643cbac4590eab20382a5,
title = "Determinants of plant performance dynamics: Empirical analysis of the manufacturing sector in Indonesia, 1990-2000",
abstract = "We identify determinants of plant dynamics and find their differences before, during, and after the Asian financial crisis. The results show that the distinction of the crisis is important and the effects of the crisis do not seem to persist after 1998. Furthermore, we reject Gibrat's law as the right functional form to describe plant growth. We are not able to support empirically the theoretical results that smaller and efficient plants tend to grow faster than larger and inefficient plants with the exception of the crisis period. The results reflect that there was a trickle down effect of economic development.",
author = "Shunsuke Managi and Shinji Kaneko",
year = "2008",
month = "9",
day = "15",
doi = "10.1504/WREMSD.2008.020112",
language = "English",
volume = "4",
pages = "273--290",
journal = "World Review of Entrepreneurship, Management and Sustainable Development",
issn = "1746-0573",
publisher = "Inderscience Enterprises Ltd",
number = "4",

}

TY - JOUR

T1 - Determinants of plant performance dynamics

T2 - Empirical analysis of the manufacturing sector in Indonesia, 1990-2000

AU - Managi, Shunsuke

AU - Kaneko, Shinji

PY - 2008/9/15

Y1 - 2008/9/15

N2 - We identify determinants of plant dynamics and find their differences before, during, and after the Asian financial crisis. The results show that the distinction of the crisis is important and the effects of the crisis do not seem to persist after 1998. Furthermore, we reject Gibrat's law as the right functional form to describe plant growth. We are not able to support empirically the theoretical results that smaller and efficient plants tend to grow faster than larger and inefficient plants with the exception of the crisis period. The results reflect that there was a trickle down effect of economic development.

AB - We identify determinants of plant dynamics and find their differences before, during, and after the Asian financial crisis. The results show that the distinction of the crisis is important and the effects of the crisis do not seem to persist after 1998. Furthermore, we reject Gibrat's law as the right functional form to describe plant growth. We are not able to support empirically the theoretical results that smaller and efficient plants tend to grow faster than larger and inefficient plants with the exception of the crisis period. The results reflect that there was a trickle down effect of economic development.

UR - http://www.scopus.com/inward/record.url?scp=51349150715&partnerID=8YFLogxK

UR - http://www.scopus.com/inward/citedby.url?scp=51349150715&partnerID=8YFLogxK

U2 - 10.1504/WREMSD.2008.020112

DO - 10.1504/WREMSD.2008.020112

M3 - Article

AN - SCOPUS:51349150715

VL - 4

SP - 273

EP - 290

JO - World Review of Entrepreneurship, Management and Sustainable Development

JF - World Review of Entrepreneurship, Management and Sustainable Development

SN - 1746-0573

IS - 4

ER -