KIEP Working Paper

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  • Anatomy of the Trade Collapse, Recovery, and Slowdown: Evidence from Korea 

    Sooyoung, Lee (Korea Institute for International Economic Policy, 2017-06-15)
    In the last decade, international trade has been marked by an unprecedented collapse, quick recovery, slowdown, another drop, and recovery. Using both aggregate and disaggregated trade statistics of South Korea. This paper shows that while the last ...
  • Investment Puzzle: Deeper Roots 

    Sujin, Kim (Korea Institute for International Economic Policy, 2017-05-04)
    This paper investigates empirically the roots of the investment puzzle from the global megatrend perspective. The empirical model of this study augmented the uncertainty-finance accelerator investment model with megatrend variables of a transition to ...
  • Determinants and Consequences of Corporate Social Responsibility: Evidence from the Revision of the Company Act in India 

    Woong, Lee (Korea Institute for International Economic Policy, 2017-04-28)
    India is the first country to introduce mandatory CSR spending for eligible firms, based on the revision of the Companies Act in 2013. In this paper, I explore the effects of the revision of the Companies Act in India on the likelihood of a firm's CSR ...
  • A New Measure of Inter-industry Distance and Its Application to the U.S. Regional Growth 

    Joon, YOON Yeo; Jung, WHANG Un (Korea Institute for International Economic Policy, 2016-12-30)
    We propose a new measure of inter-industry ‘distance’. This is constructed à la Antras et al. (2012). While they measure the distance of an industry from its final use – what they call ‘downstreamness’ of an industry – we measure the distance between ...

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