Foreign direct investment, labour unionization and income inequality of Korea
The Korean economy has witnessed significant expansion of Foreign Direct Investment (FDI) inflows and decrease in labour unionization ratio. This article analyses their effect on income inequality during 1982--2008. The small sample cointegration test and the error correction model confirm the existence of cointegration among the concerned variables. The error correction model shows that the increasing values of FDI inflows and the decreasing labour unionization ratio have led to deterioration in income inequality.
Year of publication: |
2012
|
---|---|
Authors: | Mah, Jai S. |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 19.2012, 15, p. 1521-1524
|
Publisher: |
Taylor & Francis Journals |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
The Sino‐North Korea international economic relationship and the economic development of North Korea
Mah, Jai S., (2019)
-
Mah, Jai S., (2008)
-
Export promotion and economic development: The case of Korea
Mah, Jai S., (2006)
- More ...