Using the Korean manufacturing firm-level data, this paper confirms that three stylized facts on importing hold in Korea: the ratio of imported inputs in total inputs tends to be procyclical; the use of imported inputs increases productivity; and larger firms are more likely to use imported...

China's slowing growth and structural changes are expected to bring some burdens on Korea in creating value-added for year to come.ｏ True, Korean products exported China are mostly intermediate goods, but two thirds of them are found to be eventually consumed domestically, meaning that about...

Using the Korean manufacturing firm-level data, this paper confirms that three stylized facts on importing hold in Korea: the ratio of imported inputs in total inputs tends to be pro-cyclical; the use of imported inputs increases productivity; and larger firms are more likely to use imported...