Growth and Convergence in a Two-Region Model : The Hypothetical Case of Korean Unification

The paper discusses the impact and implications of Korean unification by setting up a two-region endogenous growth model. The numerical solutions are based on the formal analytical model, and have been calibrated so that they reflect the observed features of the North and South Korean economies. The numerical solutions provide evidence about the speed of convergence and the large amount of interregional transfers that are required to make the North Korean economy economically viable

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Year of publication:	[2007]
Authors:	Funke, Michael
Other Persons:	Strulik, Holger (contributor)
Publisher:	[2007]: [S.l.] : SSRN
Subject:	Wirtschaftliche Konvergenz \| Economic convergence \| Nationale Einheit \| National unity \| Endogenes Wachstumsmodell \| Endogenous growth model \| Regionalentwicklung \| Regional development \| Regionale Wachstumstheorie \| Regional growth theory \| Korea

Extent:	1 Online-Ressource (24 p)
Series:	IMF Working Paper ; No. 02/26
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments February 2002 erstellt
Other identifiers:	10.2139/ssrn.879378 [DOI]
Classification:	O41 - One, Two, and Multisector Growth Models ; O52 - Europe ; H31 - Household ; H40 - Publicly Provided Goods. General
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10012778597