ISEAS Working Paper: Economics & Finance: THE IMPACT OF THE 1997/98 ECONOMIC CRISIS ON FIRM ENTRY IN INDONESIAN MANUFACTURING

From: ISEAS Working Papers. Economics and Finance | Date: January 1, 2006| Author: Narjoko, Dionisius Ardiyanto | Copyright information

Abstract

How did the 1997/98 economic crisis affect the extent of firm entry in Indonesian manufacturing? What can we tell from examining the impact? This paper attempts to provide some answers to these questions, using rich plant-level data of medium and large manufacturing plants over the period 1993-2000. The descriptive analysis shows that while entry rates into the industry significantly declined during the peak of the crisis, they did not seem to have recovered during the early r...

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