Results 1-3 of 3
Push vs. Pull Factors of Capital Flows Revisited: A Cross-country Analysis
(Korea Institute for International Economic Policy, 2019-02-20)
This paper examines the major determinants of net capital inflows. The forty-seven countries used for the empirical analysis are divided into advanced economies (AEs) and emerging market economies (EMEs). These countries are further divided into subgroups ...
Deeper Regional Integration and Global Value Chains
(Korea Institute for International Economic Policy, 2019-07-30)
Recently, international trade has become regional rather than global. This paper aims to test if deeper regional integration contributes to the organization of global value chains along the regional clusters including Asia, Europe, and America. We ...
Repercussions of Negatively Selective Migration for the Behavior of Non-migrants when Preferences are Social
(Korea Institute for International Economic Policy, 2019-08-09)
We study how the work effort and output of non-migrants in a village economy are affected when a member of the village population migrates. Given that individuals dislike low relative income, and that migration modifies the social space of the non-migrants, ...