Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | 김연규 | - |
dc.date.accessioned | 2018-03-06T05:28:35Z | - |
dc.date.available | 2018-03-06T05:28:35Z | - |
dc.date.issued | 2012-11 | - |
dc.identifier.citation | Journal of International Logistics and Trade, 20-12, 10(2), P.47-60 | en_US |
dc.identifier.issn | 1738-2122 | - |
dc.identifier.uri | http://www.dbpia.co.kr/Journal/ArticleDetail/NODE01984125 | - |
dc.identifier.uri | http://hdl.handle.net/20.500.11754/42909 | - |
dc.description.abstract | By using the annual time series data from 1986 to 2008 in South Korea (hereafter Korea) we will examine the possibility that the difference in trade liberalization is causal to the differentials in growth and measure the sensitivity of growth to changes in trade liberalization. For the estimation, we will use both alternative measures of trade liberalization; imports for the total factor cost of national income for trade openness (hereafter openness) and the sum of exports and imports for the total factor cost of national income for trade globalization (hereafter globalization). The regression results suggest that both openness and globalization make a substantial contribution towards Korea’s economic growth. In a comparison between these two indicators of trade liberalization, openness is more sensitive to growth. A negative and statistically significant error correction term implies that the hypothesis of no co-integration is rejected when one period lag is used. The existence of co-integration means that openness and globalization policies can be targeted in order to bring about a desired long-run effect as well as a short run effect on growth. | en_US |
dc.description.sponsorship | This work was supported by Woosuk University(2012). Insightful comments on the paper were made by Associate Professor Elias Sanidas of Seoul National University. | en_US |
dc.language.iso | en | en_US |
dc.publisher | 인하대학교 정석물류통상연구원 Jungseok Research Institute of International Logistics and Trade | en_US |
dc.subject | Trade Openness | en_US |
dc.subject | Trade Globalization | en_US |
dc.subject | Growth | en_US |
dc.subject | Sensitivity Analysis | en_US |
dc.subject | Error Correction Model | en_US |
dc.title | A Sensitivity Analysis Regarding the Impacts of Trade Openness and Globalization Growth: Empirical Evidence from Korea | en_US |
dc.type | Article | en_US |
dc.relation.no | 2 | - |
dc.relation.volume | 10 | - |
dc.relation.page | 47-60 | - |
dc.relation.journal | Journal of Intl Logistics and Trade | - |
dc.contributor.googleauthor | Kim, Youn-Kyoo | - |
dc.contributor.googleauthor | Lee, Jae-Hyung | - |
dc.relation.code | 2012220783 | - |
dc.sector.campus | S | - |
dc.sector.daehak | DIVISION OF INTERNATIONAL STUDIES[S] | - |
dc.sector.department | DIVISION OF INTERNATIONAL STUDIES | - |
dc.identifier.pid | YOUN2302 | - |
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