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Avoiding the middle-income trap: Korean lessons for China?
Murach, Michael; Wagner, Helmut; Kim, Jungsuk; Park, … - 2018
We analyze and compare the pattern of economic growth and development of China and South Korea in the postwar period … Korea, and then identify the time period when Korea was at a similar state of structural change as today's China. In … China to follow Korea's footsteps in transitioning from middle income to high income relatively quickly. …
Persistent link: https://www.econbiz.de/10012196403
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Trajectories to high income: comparing the growth dynamics in China, Korea, and Japan with cointegrated VAR models
Murach, Michael; Wagner, Helmut; Kim, Jungsuk; Park, … - 2020
We analyze and compare the patterns of economic growth and development in China, Korea, and Japan in the post … offer potentially valuable lessons for China. China is following a structural change that Korea and Japan underwent decades … for China and Korea than for Japan. Our hypothesis tests show that the estimated Cobb--Douglas production functions …
Persistent link: https://www.econbiz.de/10012196405
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Catching up, structural transformation, and inequality : lessons from Asia
Martorano, Bruno; Park, Donghyun; Sanfilippo, Marco - 2016
While structural transformation, driven by technological progress, productivity growth, and capital deepening, has contributed to Asia's sustained rapid growth, its effect on income inequality is uncertain. The central objective of our paper is to empirically examine the effect of structural...
Persistent link: https://www.econbiz.de/10011579027
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ASEAN's free trade agreements with the People's Republic of China, Japan, and the Republic of Korea : a qualitative and quantitative analysis
Park, Donghyun (contributor); Park, Soonchan (contributor);  … - 2011
Expanding trade with East Asia’s "Big Three" economic giants - the People's Republic of China (PRC), Japan, and the … Republic of Korea - offers a new potential source of growth for ASEAN in the post-global-crisis period. In fact, ASEAN has been …-Japan, ASEAN–Republic of Korea, and ASEAN+3). Our qualitative analysis is based on the theory of economic integration, and our …
Persistent link: https://www.econbiz.de/10011281463
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Avoiding the middle-income trap : Korean lessons for China?
Murach, Michael; Wagner, Helmut; Kim, Jungsuk; Park, … - 2018 - (This version, October 2018)
We analyze and compare the pattern of economic growth and development of China and South Korea in the postwar period … Korea, and then identify the time period when Korea was at a similar state of structural change as today's China. In … China to follow Korea's footsteps in transitioning from middle income to high income relatively quickly. …
Persistent link: https://www.econbiz.de/10012206272
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Trajectories to high income : comparing the growth dynamics in China, Korea, and Japan with cointegrated VAR models
Murach, Michael; Wagner, Helmut; Kim, Jungsuk; Park, … - 2020
We analyze and compare the patterns of economic growth and development in China, Korea, and Japan in the post … offer potentially valuable lessons for China. China is following a structural change that Korea and Japan underwent decades … for China and Korea than for Japan. Our hypothesis tests show that the estimated Cobb-Douglas production functions display …
Persistent link: https://www.econbiz.de/10012206280
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Catching-up, structural transformation, and inequality : industry-level evidence from Asia
Martorano, Bruno; Park, Donghyun; Sanfilippo, Marco - In: Industrial and corporate change 26 (2017) 4, pp. 555-570
Persistent link: https://www.econbiz.de/10011747251
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Emerging Asian MNCs
Kim, Changsu; Park, Donghyun - In: Asia Pacific business review 21 (2015) 4, pp. 457-463
Persistent link: https://www.econbiz.de/10011405843
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The role of fiscal policy in rebalancing developing Asia's growth
Park, Donghyun - 2010
in the People's Republic of China, the Republic of Korea, the Philippines, and Singapore. As expected, the nature of …
Persistent link: https://www.econbiz.de/10008749691
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China's Free Trade Agreements with ASEAN, Japan and Korea : a comparative analysis
Estrada, Gemma; Park, Donghyun; Park, Innwon; Bag, Sun chan - In: China & world economy 20 (2012) 4, pp. 108-126
Persistent link: https://www.econbiz.de/10009688109