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This paper provides an assessment of the potential economic impacts of the Vietnam-Korea free trade agreement on … Vietnam, by using general equilibrium modeling. The results show that Vietnam-Korea FTA will increase aggregate welfare for … that Vietnam‟s agriculture exports to Korea would especially rise in the long run. However, there will be strong …
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We investigate the macroeconomic effects of government spending shocks in Korea. We compare results obtained with two alternative approaches: the narrative approach and Structural Vector-Autoregressive model (SVAR). We propose a new methodology for identifying exogenous and unexpected fiscal...
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