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Korean Economic Integration: Prospects and Pitfalls

Max St. Brown, Seung Mo Choi () and Hyung Seok Kim

International Economic Journal, 2012, vol. 26, issue 3, 471-485

Abstract: Using a growth model of productivity catch-up estimated from the 1990 German reunification, we study the economic impacts of a hypothetical economic integration between South Korea and North Korea on macro aggregates. By considering a range of scenarios, we analyze the impacts of labor migration and capital transfer policies.

Date: 2012
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DOI: 10.1080/10168737.2012.707875

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Handle: RePEc:taf:intecj:v:26:y:2012:i:3:p:471-485