Since the early 1990s, Northeast Asia's steel industry has undergone a remarkable restructuring process. Notably, the region's steel industry lost over 1 million jobs, or over one-quarter of the total, in the 1990s. The policy environment has changed dramatically with governments relying more on...

Although East Asian countries were relatively inactive in signing free trade agreements (FTAs) until the end of 1990s, a number of FTAs involving East Asian countries have been signed since the turn of the century. The objective of this study is to compare welfare gains and sectoral adjustments...

The first telecommunications spectrum auction in Korea is attention worthy due to the fierce competition for only the 1.8 GHz spectrum band and the winning bidder was suspected of overpaying for acquiring the spectrum licence. This study empirically investigates the existence of "winner's curse"...