Purpose – This research examines the effect of a foreign subsidiary on the productivity growth of a Two-way trading manufacturing firm in Korea. We explore firms engaged in both trade and FDI simultaneously to verify whether participation in GVC as a broad concept is an efficient...

The proliferation of overlapping free trade agreements (FTA) in recent years has led to pair-wise hub-and-spokes (HAS) throughout the world. Being avid subscribers to FTAs, many countries in the Asia-Pacific region, including the United States, Japan, Singapore, South Korea, Thailand and...

This paper examines the roles of firm and country characteristics in determining multinationals' choice of foreign direct investment (FDI) type and location. Using Korean firm‐level data, we find that highly productive firms are more likely than their less efficient counterparts to invest in...

This paper investigates the plant-level product scope adjustment to rising import penetration at home and to growing export competition abroad, both of which have been originating from the China trade shock. Using Korean plant-level datasets with detailed product shipment and export information...

Previous research has focused on differences in emission intensity between exporters and non-exporters to reveal better environmental performance; however, little is known about how exporters achieve lower emission intensity. Using unique Chinese firm-level data from 2000–2007, we find that...

Korean Abstract: 본고는 우리나라의 소득동질혼 경향과 가구구조를 주요국과 비교하고, 이것이 가구 내 소득공유 효과를 통해 가구소득 불평등에 미치는 영향을 측정하였다. 먼저 소득동질혼 측면을 보면, 우리나라에서는 부부...

We examine the welfare implications of the two major types of regional trade agreements (RTAs)—free trade agreements (FTAs) and customs unions (CUs)—within the WTO system in the presence of FDI. To do so, we analyze multilateral tariff cooperation in the context of two types of WTO...

We employ the standard pollution control incorporating countries' asymmetries, not only in their consumption and environmental concerns, but also in their environmental technologies. First, we show that the absence of international collaboration makes domestic environmental policies...