We analyse the determinants of the Gini coefficient for income and expenditure in South Korea between 1975 and 1995. In both cases, we do not find support for the Kuznets inverted-U hypothesis. From an economic globalization viewpoint, the opening of goods markets reduces income inequality in...

We investigate causal relationships among exports, imports, and economic growth in North Korea using time series data for the period between 1964 and 2008. The empirical results show Granger causality from imports to GNP in the first half of the period and from GNP to imports in the second half....

Using a disequilibrium model, we investigate the relationship between the supply constraint of electricity generation capacity and electricity demand in Taiwan. We find that electricity consumption faced supply constraints in Taiwan between 1959 and 1972, but that generation capacity grew...