This paper studies how environmental regulation plays a role in shaping the pattern of outward foreign direct investment, and thereby assesses the pollution haven hypothesis. Empirical evidence for the pollution haven hypothesis has been inconsistent in the literature, possibly due to data...

This paper measures the extent to which South Korea participated in global value chains (GVCs) from 1995 through 2011 and scrutinizes the consequences of such participation on the Korean economy. To this end, the World Input Output Database is utilized to calculate GVC income, GVC employment,...

Korean Abstract: 본 연구는 우리나라의 소수 대기업들이 받은 개별 충격이 거시적 변동성에 어떤 영향을 미치는지에 대해 분석하였다. 우리나라 특유의 대기업 중심 경제구조는 한편으로는 지금껏 우리 경제의 성장을 이끈 가장...

Korean Abstract:국내 서비스업의 낮은 생산성이 중요한 문제로 대두되었음에도 불구하고 마땅한 해결책이 제시되지 못하고 있다. 이에 본 연구는 외국인직접투자를 통해 국내시장에 진출한 기업이 국내 경쟁 기업들의 성과와...

Korean Abstract: 공장의 스마트화는 생산 공정의 전반적인 생산성을 증대시키는 것으로 나타나 국내 제조혁신을 위한 중점 전략으로 추진하기에 적절한 정책으로 평가된다. 그러나 정책의 규모가 점차 확대되고 지원 기업이...

An unprecedented regime change following the 2017 presidential impeachment led to a dramatic shift to more rigid labor market policies in the Republic of Korea, represented by consecutive double-digit hikes in the minimum wage in the next two years. Using a firm-level data set with detailed...

An unprecedented regime change following the 2017 presidential impeachment led to a dramatic shift to more rigid labor market policies in the Republic of Korea, represented by consecutive double-digit hikes in the minimum wage in the next two years. Using a firm-level data set with detailed...

It has been well documented that trade adjustment costs to workers due to globalization are significant and that temporary trade barriers have been progressively used in many countries, especially during periods with high unemployment rates. Consequently, temporary trade barriers are perceived...

It has been well documented that trade adjustment costs to workers due to globalization are significant and that temporary trade barriers have been progressively used in many countries, especially during periods with high unemployment rates. Consequently, temporary trade barriers are perceived...

Abstract This paper estimates how discriminatory tariffs on certain Chinese tires impact the U.S. import patterns as well as domestic tire industry. We find that although tariffs significantly reduced subject tire imports from China, the reduction was completely offset by increased imports from...