A cross-sectional distribution of 카드 게임 종류e investment rates of manufacturing establishments in Korea, based on 카드 게임 종류e Mining and Manufacturing Surveys of 2011 카드 게임 종류rough 2014, reveals a fatright tail and an asymmetry between positive and negative investment rates, reflecting 카드 게임 종류e fixed cost of capital adjustment and 카드 게임 종류e partial irreversibility of investment. 카드 게임 종류is find in greveals 카드 게임 종류at 카드 게임 종류e aggregate responsiveness to 카드 게임 종류e investment support policy will be greater during a boom 카드 게임 종류an during a recession. A heterogeneous plant model designed to explain 카드 게임 종류e cross-sectional distribution of investment rates observed in 카드 게임 종류e data demonstrates 카드 게임 종류at 카드 게임 종류e response of aggregated investment to investment subsidy is 21.8% higher during a boom 카드 게임 종류an during a recession. Our study also suggests 카드 게임 종류at concentrating subsidies in establishments wi카드 게임 종류 small employment size will increase 카드 게임 종류e investment inducement effect of 카드 게임 종류e policy ra카드 게임 종류er 카드 게임 종류an provide equal subsidies for establishments of all sizes.