Sectoral Investment

Young‐Iob Chung

in Korea under Siege, 1876-1945

Published in print March 2006 | ISBN: 9780195178302
Published online September 2006 | e-ISBN: 9780199783557 | DOI:
  Sectoral Investment

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This chapter investigates the magnitude, features, and attributes of investment in various segments of the economy based on (i) ownership (e.g., public or private sectors); (ii) the nature of industries (e.g., industry, agriculture, trade, and service); (iii) the type of industry (e.g., social overhead capital and manufacturing); (iv) the capital-, technology-, and labor-intensities of industry; (v) the scale of investment; and (vi) the goals of investment by various economic entities, e.g., organizations and nationals. The analysis of investments in social overhead capital is further broken down according to transportation, communications, and electric power industries, while manufacturing is examined based on the types of goods produced, namely, light and heavy, and chemical industries. These not only reflected the transformation of Korean economy, but also showed the goals of investment. The volume, investors, and the nature of investment underscored the contributions made by different economic entities, such as the government, and different nationalities, namely, the Japanese, non-Japanese “foreigners”, and Koreans, in forging the country's capital formation, which reveal the underlying forces for the structural changes in the economy over time.

Keywords: sectoral investment; social overhead capital; private investment; capital intensive industries; technologically intensive industries; labor intensive industries; low tech industries; heavy industries; light industries

Chapter.  19321 words. 

Subjects: Business and Management

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