Do Crises Catalyze Creative Destruction? Firm-level Evidence from Indonesia

Do Crises Catalyze Creative Destruction? Firm-level Evidence from Indonesia

Using Indonesian manufacturing census data (1991-2001), this paper rejects the hypothesis that the East Asian crisis unequivocally improved the reallocative process. The correlation between productivity and employment growth did not strengthen and...

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Bibliographic Details
Main Authors: Hallward-Driemeier, Mary, Rijkers, Bob
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
ACCOUNTING
ADJUSTMENT PROCESS
AGGREGATE PRODUCTIVITY
AGGREGATE PRODUCTIVITY GROWTH
ALLOCATIVE EFFICIENCY
AVERAGE PRODUCTIVITY
AVERAGE PRODUCTIVITY GROWTH
BANKING CRISES
BANKS
BUSINESS CYCLE
BUSINESS CYCLES
CAPITAL MARKET
COMPARATIVE ANALYSIS
COMPARATIVE ECONOMICS
COMPETITIVE PRESSURE
COMPETITIVENESS
CONGLOMERATE
CONGLOMERATES
CREATIVE DESTRUCTION
CRISES
DEFLATORS
DEMOCRACY
DEVALUATION
DEVELOPMENT ECONOMICS
DEVELOPMENT POLICY
ECONOMETRICS
ECONOMIC GROWTH
ECONOMIC INTEGRATION
ECONOMIC RESEARCH
EMPLOYEE
EMPLOYMENT
EMPLOYMENT GROWTH
EMPLOYMENT TURNOVER
ENTREPRENEURS
ENTRY RATE
EQUILIBRIUM UNEMPLOYMENT
EXPANSION
EXPORTS
FINANCIAL CRISES
FINANCIAL CRISIS
FIRM DYNAMICS
FIRM ENTRY
FIRM EXIT
FIRM GROWTH
FIRM PRODUCTIVITY
FIRM SIZE
FIRM SURVIVAL
FIRM TURNOVER
FIRM-LEVEL ANALYSIS
GDP
GROWTH MODELS
INDUSTRIALIZATION
INFLATION
INFLATION RATES
INTEREST RATES
INVENTORIES
JOB CREATION
JOB DESTRUCTION
JOB FLOWS
JOB LOSSES
JOBS
LABOR DEMAND
LABOR MARKET
LABOR MARKET OUTCOMES
LABOR MARKET REGULATION
LABOR MARKET REGULATIONS
LABOR MARKETS
LABOR REGULATION
LABOR REGULATIONS
LIQUIDITY
LOAN
MACROECONOMIC MODELS
MACROECONOMICS
MANUFACTURERS
MANUFACTURING ESTABLISHMENTS
MARKET FAILURES
MINIMUM WAGE
MINIMUM WAGES
NET EMPLOYMENT
OUTPUTS
PREVIOUS SECTION
PREVIOUS WORK
PRIVATE SECTOR
PRIVILEGED STATUS
PRODUCTION FUNCTIONS
PRODUCTIVE FIRMS
PRODUCTIVITY
PRODUCTIVITY DECOMPOSITIONS
PRODUCTIVITY DIFFERENTIAL
PRODUCTIVITY GAP
PRODUCTIVITY GROWTH
PROFITABILITY
RESOURCE ALLOCATION
SHAREHOLDERS
SMALL FIRMS
SOCIAL COSTS
TOTAL OUTPUT
UNSKILLED WORKERS
USE VALUE
VALUE ADDED
WAGE LEVELS
WORKER
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111102102529
http://hdl.handle.net/10986/3635

Internet

http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111102102529
http://hdl.handle.net/10986/3635

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