Purpose - The purpose of this paper is to analyse the international political economy of Korea and its effects due to geopolitical tension between China and the USA. Design/methodology/approach - Economic war between China and the USA has prolonged longer than expected. Aftermath of the COVID-19...

The Korean shipping industry, which underwent consolidation of shipping companies in the 1980s, continued to grow with the recovery of the global economy from the late 1980s to the first half of the 1990s. The civilian government that came to power after 30 years of military rule gradually...

Prior research has found that boys often outperform girls in high-stakes math exams, raising the question of whether these gender differences under pressure stem from nature or nurture. This relative female disadvantage can influence access to selective university programs and subsequent career...

This study aimed to analyze the competition structure of grain terminals in the West Coast region of South Korea. Herfindahl-Hirschman Index (HHI), shift-share analysis, and Boston consulting group (BCG) Matrix approaches were used in this study. The results showed that grain terminals in...

The Korean shipping industry, which had been striving to recover from the Asian Financial Crisis, underwent significant quantitative expansion between 2004 and 2008. This growth was largely fueled by the so-called "China Effect," which generated a global shipping boom, during which an average of...

Prior research has found that boys often outperform girls in high-stakes math exams, raising the question of whether these gender differences under pressure stem from nature or nurture. This relative female disadvantage can influence access to selective university programs and subsequent career...

Using firm-level data on 7,000 suppliers transacting with 26 major South Korean retailers, this study analyzes how contract types, referring to direct purchase, special contract, consignment, and store lease types, are determined and how they affect supplier performance. Contract choice varies...

In this study, we aimed to analyze whether ESG strategies can be utilized as sustainable strategies with practical necessity and effectiveness in solving problems within a realistic business environment. To this end, through an in-depth case analysis of Hansol Paper, South Korea's leading paper...

The subjective judgment and discretionary actions of a manager can influence the core strategy, investment, operations, and decision-making of a company. Managerial actions from the top, particularly the board, plays a vital role in addressing this inclination. While scholars have shown interest...

Industrial policy has returned amid geopolitical rivalry, supply-chain fragility, and contemporary grand transitions, but its performance hinges less on ideology than on governance and design. By examining three comparative cases (Germany, Republic of Korea, South Africa), this paper argues that...

This paper sets up a medium-scale small open economy TANK model with incomplete markets to address business cycles in Korea extensively. The estimated model via Bayesian estimation methodology shows that the fraction of households who lack access to financial markets increased from 30 percent to...

This study investigates the impact of temperature shocks on prices and output for the ASEAN+3 countries, using annual data for the 1990-2023 period. Based on the panel SVAR framework, the empirical evidence indicates that temperature shocks, which can be considered as negative supply shocks,...

This study examines the impact of corporate sustainable tax strategies on investment scale and firm value using signaling theory. We measure Sustainable tax strategy through the coefficient of variation of cash effective tax rates over a five-year period. Using 3121 firm-year observations of...

Institutional investors now exceed individual investors in number of shares held. To provide empirical support for the stewardship role of institutional investors, we examine the relationships of the presence of stewardship code-compliant institutional investors among shareholders with micro-...

To investigate whether, along with economic growth, the Republic of Korea has become a better place for workers, we examine trends in seven job quality dimensions between 2006 and 2020 and find that the relevant mean values changed in opposite directions. The largest rise was in Working Time...

Financial inclusion refers to expanding access to and use of financial services among traditionally excluded groups including low-income households, microenterprises, the elderly, and women. Digital financial inclusion helps advance financial inclusion by deploying digital financial services...

Many Korean local governments have enacted ordinances that enable resident participation in the supervision of public construction projects, yet an implementation gap persists between the legal framework and actual engagement. This study thus examined causes of and strategies for residents'...

COVID-19 is recognized to be the most impactful pandemic crisis on social customs, policy-making, and economic activities in the modern history of humankind. The insurance industry especially, both life insurance and general insurance, was highly impacted by COVID-19. In this paper, we examined...

This study aims to empirically investigate the relationship between the funding status of defined benefit (DB) pension plans and the forecast bias of financial analysts. While prior research has documented the impact of pension underfunding on firm performance, investment efficiency and firm...

Following the COVID-19 pandemic, Korea's unemployment rate has remained significantly lower than pre-pandemic levels. This paper examines the dynamics of unemployment through a framework of labor market flows incorporating a matching function and identifies a sustained increase in labor market...

Over the past several years, North Korea has adopted legal changes that are increasing the centrality of the Workers Party of Korea and the state in agricultural production, distribution, and consumption. This development changes the basic nature of food insecurity in North Korea from one in...

This study examines the long-term impact of Hyanggyo, state-sponsored educational institutions established during the early Joseon Dynasty in Korea (1392-1592), on human capital accumulation. Although these schools largely ceased functioning as educational centers by the late 16th century, their...

Authoritarian states are increasingly leveraging non-state cyber capabilities to expand their operational reach, thereby challenging conventional distinctions between state and non-state activity. This practice complicates attribution and presents obstacles for coordinated international...

This study examines the economic legacy of civilian killings during the Korean War, which disproportionately targeted local elites, educated individuals, and their families. For identification, we exploit plausibly exogenous variation in the spatial distribution of killings driven by...

This study analyzes the gaps in inter-organizational network between market uncertainty (MU) and organizational uncertainty (OU) within the international freight forwarding industry in Korea. The measurement factors are developed based on previous studies. 54 questionnaires were completed by...

The purpose of this study was to investigate the relative importance of determinants that should be considered first in order for container terminals to realize carbon neutrality and become an eco-friendly port. Three upper determinants and 12 lower determinants were derived through the...

The South Korean AI market has grown significantly, yet while chatbot adoption is well-studied, sustained use remains underexplored. This study surveyed 250 financial institution chatbot users in South Korea in February 2024, using SPSS and R to investigate quality effects on intention of...