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The agricultural productivity gap : a new look at the measurement problem
You, Jong-il - 2017
The Agricultural Productivity Gap (APG) - the ratio of the average labor productivity in non-agriculture to that in agriculture - tends to be very large in developing countries and potentially represents misallocation of resources. This paper makes three contributions to the literature on APG....
Persistent link: https://www.econbiz.de/10012181758
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Complementarity and transition to modern economic growth
Jeong, Hyeok; Kim, Yong - 2012
The Thai Socio-Economic Survey suggests that new labor market entrants increasingly enter activities with high and positive productivity growth (modern sector), but continue to enter activities with low productivity growth (traditional sector). Workers appear to stick to their initial choice of...
Persistent link: https://www.econbiz.de/10009683483
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The price of experience
Jeong, Hyeok; Kim, Yong; Manovskii, Iourii - 2012
We identify a key role of factor supply, driven by demographic changes, in shaping several empirical regularities that are a focus of active research in macro and labor economics. In particular, the large movements of the return to experience over the last four decades are almost perfectly...
Persistent link: https://www.econbiz.de/10009683488
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The effect of a target ownership structure on the takeover premium in owner-manager dominant acquisitions : evidence from Korean cases
Cho, Seong-ho (contributor) - 2007
This paper examines how the distribution of target ownership is related with takeover premium in owner-manager dominant acquisitions, in which a firm is managed by managers and directors nominated and directed closely by controlling shareholders. We find that there exists the agency problem...
Persistent link: https://www.econbiz.de/10011484755
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The effect of board structure on firm value : a multiple identification strategies approach using Korean data
Black, Bernard S. (contributor); Kim, U-chʾan (contributor) - 2011
-Suh Park, How Corporate Governance Affects Firm Value: Evidence on Channels from Korea (working paper 2011), lt;a href … and Woochan Kim, Does Corporate Governance Affect Firms' Market Values? Evidence from Korea,: 22 Journal of Law, Economics … Korea, 12 Journal of Corporate Finance 660-691 (2006), nearly final version at lt;a href …
Persistent link: https://www.econbiz.de/10011485662
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Managerial entrenchment of anti-takeover devices : quasi-experimental evidence from Korea
Hwang, Sunwoo; Kim, U-chʾan - 2011
With the removal of statute-based anti-takeover provisions during the aftermath of Asian crisis, a significant number of Korean firms started to introduce charter-based measures. In this paper, we make use of this unique situation where firm-level anti-takeover provisions (ATP) vary over time...
Persistent link: https://www.econbiz.de/10011485749
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How large is the impact of exports on economic growth? : new evidence from the Korean case
Lee, Siwook; Kim, Seungjun - 2019
Persistent link: https://www.econbiz.de/10012181413
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A typology and life satisfaction of older Koreans : a longitudinal comparison
Jung, Kwon - 2019
Aging is a global phenomenon for many countries and Korea is not an exception. After becoming an aging society in 2000 …, Korea turned an aged country in 2017 by having 14.3% of its population with older than 65 years old. It is expected to … become a super-aged society by 2025 (Statistics Korea 2018). No other country in the world has aged this fast. Unlike other …
Persistent link: https://www.econbiz.de/10012181419
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The impact of minimum wage introduction on characteristics of new establishments : evidence from South Korea
Bark, Jisun; Lee, Changkeun; Park, WooRam - 2019
of new plants in South Korea. We first confirm that the minimum wage introduction induced new plants to have higher …
Persistent link: https://www.econbiz.de/10012181433
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The political economy of Vortex in South Korea : the limits to the developmental state’s problem-solving capacity
Park, Hun Joo - 2019
Even after almost fifty years since the publication of “Korea: The Politics of the Vortex,” the image of the vortex … part because of it, in fact, Korea has transformed itself from an aid recipient into the ranks of a donor country by the … late 1990s. With its downward trend in long-term potential growth rate since then, however, Korea suffers from growing …
Persistent link: https://www.econbiz.de/10012181468