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This paper reexamines Korea''s trade flows. Using the standard demand-based models, the paper finds that owing to the increasing share of electrical and electronic products (EEPs) in total exports, the income elasticity of the Korean export demand has fallen sharply while its price elasticity...
Persistent link: https://www.econbiz.de/10014400932
time, industry-level analysis suggests ample scope to raise productivity, especially in services where productivity gains …
Persistent link: https://www.econbiz.de/10012604751
Do tax incentives for science and technology stimulate additional investment? We use detailed data on applications and acceptances for R&D tax incentives, a special survey, and for the first time, the science and technology module from the 2000-2002 Survey of Manufacturers database in Colombia...
Persistent link: https://www.econbiz.de/10014401520
productivity and that they impact the degree of R&D spillovers …
Persistent link: https://www.econbiz.de/10014400689
This paper highlights key issues pertinent for the understanding of international effects of domestic tax policies and of international tax harmonization. The analytical framework adopts the saving-investment balance approach to the analysis of international economic interdependence focusing on...
Persistent link: https://www.econbiz.de/10014396181
The IMF Working Papers series is designed to make IMF staff research available to a wide audience. Almost 300 Working Papers are released each year, covering a wide range of theoretical and analytical topics, including balance of payments, monetary and fiscal issues, global liquidity, and...
Persistent link: https://www.econbiz.de/10014395947
productivity; and larger firms are more likely to use imported inputs. As a result, we find that firm-level import decisions … explain a non-trivial fraction of aggregate productivity fluctuations in Korea over the period between 2006 and 2012. Main … findings of this paper suggest a possible link between the recent global productivity slowdown and the global trade slowdown …
Persistent link: https://www.econbiz.de/10011715120
In the last two decades, manufacturing industries in Korea have become more concentrated, and interconnectedness across industries and to foreign countries has risen via vertical relationships and trade linkages. This paper investigates the transmission of economic shocks in such a highly...
Persistent link: https://www.econbiz.de/10012022013
Through the 2000s, Korea's export and import linkages to advanced and emerging markets increased significantly. At the same time, the correlation of output growth between Korea and these economies rose. This paper investigates the nature of the link between trade linkages and the comovement of...
Persistent link: https://www.econbiz.de/10012022016
Persistent link: https://www.econbiz.de/10009424828