Results 1-4 of 4
Sources of Comparative Advantage in Services: Institution vs. Social Capital
(Korea Institute for International Economic Policy, 2018-12-14)
Previous studies that have identified the impacts of institutions or cultural traits on comparative advantage focused on goods trade, but not services trade. In contrast to the rapid increase in trade in services, empirical examination on sources of ...
A Study on the Dynamics of Foreign Trade and the Issues of Regional Economic Integration in Central Asia
(Korea Institute for International Economic Policy, 2018-11-12)
At the current stage of globalization, Central Asia (CA) is becoming a focal point for the political and economic interests of global forces because of its rich natural resources and critical strategic position. From this point of view, the CA countries ...
Exchange Rates and Firm Exports: The Role of Foreign Ownership and Subsidiaries
(Korea Institute for International Economic Policy, 2018-10-10)
This paper examines the role of global production linkages on exchange rate elasticities by using Korean firm-level data. At firm-level, foreign-owned firms or firms with foreign subsidiaries participated in the Global Value Chains (GVC) play an important ...
The Rise of China and the Rebound in Korea’s Manufacturing Employment
(Korea Institute for International Economic Policy, 2018-12-28)
Unlike a number of other advanced economies, South Korea has experienced a pronounced increase in both imports from and exports to China since the rise of China, which began in the early 1990s. This study analyzes how Korea’s exposure to China’s rise ...