In this paper, we analyze determinants of Korea's imports in the context of the interaction between exports and foreign investments, and investigate the effects of imports on firms' exit and productivity, in order to understand Korea's import structure and distributional influences of imports....

To investigate the current status of Korea's income distribution, we decompose its income inequality index. Next, we analyze the effects of economic openness on income distribution with two different datasets: international country-level data and Korean industry-level data. Based on the analysis...

The purpose of this paper is to develop a theoretical framework to take several key determinants of exports into consideration and to propose an empirical model to identify which factors affect firms' export performance, whether to start exporting (export extensity) and how much they will export...

There have been voluminous contributions such as Daudin et al. (2011), Johnson and Noguera (2012), Koopmans et al. (2010), and Trefler and Zhu (2010) in measuring value added trade based on input-output tables as generalizations of the vertical specialization measures following Hummels et al....

It is well known that economic growth and services have a positive association. In particular, the more developed an economy is, the higher the share of the services sector. While most research has focused on service output, this study also examines services as input. Recently, the need for...