Results 1-6 of 6
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, ...
The Effect of Export Insurance and Guarantees on Export Performance: An Empirical Analysis for Korea
(Korea Institute for International Economic Policy, 2019-08-20)
This paper examines the question of whether trade insurance contributes to an increase in export and also investigates the channel through which the effect of trade insurance on export is working. We use Korean export data in which destination countries ...
The Effects of Technological Similarity and Diversity on Merger and Innovation
(Korea Institute for International Economic Policy, 2019-12-13)
We examine determinants of merger partner choice and impacts of those factors on post-merger innovation outcomes analyzing 1,432 merger deals in U.S. ICT industries. This paper suggests that technological similarity between merging firms increases ...
Institutional Quality, Trade Costs and Comparative Advantage
(Korea Institute for International Economic Policy, 2019-10-04)
We attempt to test the impacts of the quality of institution, of both exporters and importers, on trade costs using CIF/FOB ratio and the relative measure of trade costs proposed by Novy (2013). The outcome shows that the institutional quality of ...