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dc.contributor.author김연규-
dc.date.accessioned2018-03-06T05:28:35Z-
dc.date.available2018-03-06T05:28:35Z-
dc.date.issued2012-11-
dc.identifier.citationJournal of International Logistics and Trade, 20-12, 10(2), P.47-60en_US
dc.identifier.issn1738-2122-
dc.identifier.urihttp://www.dbpia.co.kr/Journal/ArticleDetail/NODE01984125-
dc.identifier.urihttp://hdl.handle.net/20.500.11754/42909-
dc.description.abstractBy 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.sponsorshipThis 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.isoenen_US
dc.publisher인하대학교 정석물류통상연구원 Jungseok Research Institute of International Logistics and Tradeen_US
dc.subjectTrade Opennessen_US
dc.subjectTrade Globalizationen_US
dc.subjectGrowthen_US
dc.subjectSensitivity Analysisen_US
dc.subjectError Correction Modelen_US
dc.titleA Sensitivity Analysis Regarding the Impacts of Trade Openness and Globalization Growth: Empirical Evidence from Koreaen_US
dc.typeArticleen_US
dc.relation.no2-
dc.relation.volume10-
dc.relation.page47-60-
dc.relation.journalJournal of Intl Logistics and Trade-
dc.contributor.googleauthorKim, Youn-Kyoo-
dc.contributor.googleauthorLee, Jae-Hyung-
dc.relation.code2012220783-
dc.sector.campusS-
dc.sector.daehakDIVISION OF INTERNATIONAL STUDIES[S]-
dc.sector.departmentDIVISION OF INTERNATIONAL STUDIES-
dc.identifier.pidYOUN2302-
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