Dynamic comparative advantage and sources of international competitiveness in the Korean steel industry
The Korean steel industry has developed remarkably since it turned to modem steelmaking in the early 1970s with the establishment of the nation's only integrated largescale steel company, POSCO. This study explores major factors that contributed to the development of, and the evolution of intemational competitiveness in, the Korean steel industry. The conceptual approach employed here is based on the model of dynamic comparative advantage in a developing country. This model suggests that...[Show more]
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