Financial reform and the efficiency of credit allocation in Korea

Eduardo R. Borensztein · Jong‐Wha Lee

23 citations0/0 files storedThe Journal of Policy Reform

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Banking stability, regulation, efficiency Monetary Policy and Economic Impact Asian Industrial and Economic Development

Abstract

This study analyzes some of the structural problems associated with the Korean financial sector, and investigates the efficiency of credit allocation by the financial system over the period from 1970 to 1996. Using data at the level of 32 industrial branches, we find no evidence that credit flows were directed sectors that were more profitable, either before or after financial reforms were initiated in the 1980s. We also find that the financial support did not contribute to improve the performance of the favored industries over time.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 23 citations exist upstream.

References

1998The Determinants of Banking Crises in Developing and Developed Countries 1999What caused the Asian currency and financial crisis?1999What Happened to Asia 1997The Determinants of Banking Crises 2017Banking Crises in Emerging Economies: Origins and Policy Options 2006Does financial liberalization improve the allocation of investment?2000Financial Crisis and Credit Crunch in Korea: Evidence from Firm-Level Data 1994The Financial development of Japan, Korea, and Taiwan : growth, repression, and liberalization

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.