This paper analyzes the role of absorptive capacity in R&D spillovers through strategic R&D investments in a game-theoretic framework. In the model, a firm's effective R&D is composed of idiosyncratic R&D, which produces its own innovations, and identical R&D, which improves absorptive capacity....

This paper aims to empirically identify the effects of FTAs on outward and inward FDIs in Korea. Considering the income differences between Korea and its FTA partners, we hypothesize that FTAs have a positive effect on outward FDI to developing countries and inward FDI from developed countries....

This paper analyzes the role of absorptive capacity in R&D spillovers through strategic R&D investments in a game-theoretic framework. In the model, a firm's effective R&D is composed of idiosyncratic R&D, which produces its own innovations, and identical R&D, which improves absorptive capacity....

This paper investigates the effect of regional borders on trade in Asia. The regional borders define the three regions of Asia: South, Southeast, and East Asia. Regional trade indicates the flows of trade within a region, whereas regional border trade means trade across regions. A gravity model...

This paper investigates the effect of regional borders on trade in Asia. The regional borders define the three regions of Asia : South, Southeast, and East Asia. Regional trade indicates the flows of trade within a region, whereas regional border trade means trade across regions. A gravity model...

This study sheds light on the effects of FTAs on outward and inward FDI in Korea. It finds that there has been an upsurge in overseas investments made by Korea through the FTAs. The FTAs have encouraged vertical investments in developing countries as cheap manufacturing bases and horizontal...

우리나라는 2000년대 들어 적극적인 FTA 정책을 추구하여 칠레, ASEAN, 미국, EU 등 세계 45개국과 이미 FTA를 체결하였으며, 지속적으로 FTA 네트 워크를 확장해가고 있다. 이와 같은 우리나라 FTA 네트워크의 글로벌화에도 불구하고...