Structural Change of the Labor Market and the Turning Point in South Korea

Chang Nam Kim

Chapter 3 in Lewisian Turning Point in the Chinese Economy, 2014, pp 42-57 from Palgrave Macmillan

Abstract: Abstract Following up on the Lewisian theory of development, this chapter traces South Korea’s (hereafter referred to as Korea) economic development to determine the timing of the turning point that dissolved its dual economy, and it analyzes the subsequent influences on income distribution.

Keywords: Labor Productivity; Income Distribution; Real Wage; Gini Coefficient; Marginal Productivity (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-39726-3_3

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DOI: 10.1057/9781137397263_3

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