An Empirical Study on the Performance of public Financing for Small Business in Korea
Yongrok Choi
Additional contact information
Yongrok Choi: Inha University
Chapter 12 in Productivity, Efficiency, and Economic Growth in the Asia-Pacific Region, 2009, pp 267-277 from Springer
Abstract:
Credit guarantee schemes for small business financing have been one of the most important public support programs to develop the regional economies in many countries. Even if the systems as well as the governance for each program are different in detail, most of theorists and government officials supported the economic necessity and the effective performance. Most empirical models base on the incremental or marginal approaches to analyze the performance or productivity of the public financing using input-output model such as Data Envelopment Analysis (DEA) or cost-benefit approaches. These kinds of approaches may prove the effective performance, but not negatively. Thus, the objective of the research is to investigate whether the public financing support such as credit guarantee is ‘really’ effective. In order to analyze this effectiveness of credit guarantees, the paper shall differentiate why to support with how to support. To compare these questions, the paper shall utilize two sets of approaches toward the public financing system and its governance.
Keywords: Data Envelope Analysis; Small Business; Public Financing; Data Envelope Analysis Model; Malmquist Productivity Index (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations: View citations in EconPapers (1)
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-7908-2072-0_13
Ordering information: This item can be ordered from
http://www.springer.com/9783790820720
DOI: 10.1007/978-3-7908-2072-0_13
Access Statistics for this chapter
More chapters in Contributions to Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().