Journal of Korea Trade: Volume 22 Issue 1

A study on the changes of agricultural import structure according to implementation of FTAs in South Korea

Seongtae Ji, JeongHo Yoo

South Korea has signed and implemented 15 free trade agreements (FTAs) with 52 countries. More than 80 percent of imports of agricultural products came from FTA partner countries…

Servicization with skill premium in the digital economy

Sang-Chul Yoon

The purpose of this paper is to examine an endogenous growth model, as a component of a broader study of servicization with skill premium and its policy implications in the…

Trade intensity and business cycle synchronization: A reappraisal using value-added trade data

Jong Kyou Jeon

The purpose of this paper is to examine the relationship between trade integration and intra-regional business cycle synchronization using value-added trade data. Most empirical…

Industrial proximity and vertical integration of multinational firms: Evidence from Korean firm-level data

Haeyeon Yoon, Jung Hur

With the rise of foreign direct investment and global value chain, firms organize their plant allocation across countries to take advantage of production cost reduction…

Imperfect labor mobility and the trickle-down effect in international trade

Sungwan Hong, Soo Hyun Oh, Seung-Gyu Sim

Unlike the common belief in the so-called “trickle-down effect,” trade-induced output growth in a small open economy does not necessarily improve the domestic welfare of the…