The Effects of Economic Openness on Korea's Income Distribution

4 Pages Posted: 14 Dec 2018

See all articles by Young Gui Kim

Young Gui Kim

Korea Institute for International Economic Policy

Sihoon Nahm

University of Chicago

Hyeyoon Keum

Korea Institute for International Economic Policy

Nak Nyeon Kim

Dongguk University

Date Written: May 23, 2018

Abstract

To investigate the current status of Korea's income distribution, we decompose its income inequality index. Next, we analyze the effects of economic openness on income distribution with two different datasets: international country-level data and Korean industry-level data. Based on the analysis above, we make some policy suggestions.

Keywords: Economic Openness, Korea, Income Distribution

Suggested Citation

Kim, Young Gui and Nahm, Sihoon and Keum, Hyeyoon and Kim, Nak Nyeon, The Effects of Economic Openness on Korea's Income Distribution (May 23, 2018). KIEP Research Paper, World Economy Brief 18-17. Available at SSRN: https://ssrn.com/abstract=3299296 or http://dx.doi.org/10.2139/ssrn.3299296

Young Gui Kim (Contact Author)

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Sihoon Nahm

University of Chicago ( email )

1101 East 58th Street
Chicago, IL 60637
United States

Hyeyoon Keum

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Nak Nyeon Kim

Dongguk University ( email )

26 Pil-dong 3-ga
Jung-gu
Seoul, Seoul 100-715
Korea, Republic of (South Korea)

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