Results 1-2 of 2
Ecommerce and Firm Performance: Evidence from Korea
(Korea Institute for International Economic Policy, 2017-06-30)
Official estimates peg global business-to-business ecommerce at 15 trillion dollars and global business-to-consumer ecommerce at 1.2 trillion dollars in 2013 (UNCTAD 2015). When we turn to official estimates for Korea, it is easy to find that Korea’s ...
A Quantitative Trade Model with Unemployment
(Korea Institute for International Economic Policy, 2018-10-15)
This paper emphasizes the role of labor market frictions, which is largely neglected in quantitative trade models that usually assume full-employment. Labor market frictions can contribute to a source of comparative advantage, thus affecting trade ...