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This empirical study examines changes in industrial productivity in Korea between 1980 and 2009, focusing on how investment in information and communication technology (ICT) and energy use, influence productivity levels. A dynamic factor demand model is applied in order to link inter-temporal...
Persistent link: https://www.econbiz.de/10010339597
Korea imports all of its primary energy, which leads to high dependency and vulnerability related to its energy supply. Efficiency in the use of energy is a way to reduce dependency and emissions. This study provides empirical results of the stochastic production process in energy use. Special...
Persistent link: https://www.econbiz.de/10010339594
This paper looks at the relationship between patents and economic growth in Japan and South Korea using both individual country and panel data. For the econometric estimation, we use annual data for 1963-2005. For Japan, we find that the logarithms of real GDP and the number of patents are...
Persistent link: https://www.econbiz.de/10012768321
reserves (FER) and government expenditure(GE) for Korea and China. The analyses are based on the VECM and NATREX models. In … short run for China, we find that RGDP, FER and GE have positive impacts on REER; M2 has negative impact on REER; REER has … on REER. REER does not have significant impact on RGDP. In long run for China, we find RGDP, FER and GE have positive …
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We use dynamic panel data models to generate density forecasts for daily Covid-19 infections for a panel of countries/regions. At the core of our model is a specification that assumes that the growth rate of active infections can be represented by autoregressive fluctuations around a downward...
Persistent link: https://www.econbiz.de/10012833111