Growth and Reform in the Korean Economy Proceedings of the Conference on Growth and Reform in Korea - Implications for Australia

Jung Soo Seo, Jong-Soon Kang, Heejin Lee, Sangjo Oh, Russell D. Lansbury, Nick Wailes and Eugene Yun
Additional contact information
Jung Soo Seo: Australia Japan Research Centre

Development Economics Working Papers from East Asian Bureau of Economic Research

Abstract: This paper explores the issue of outward foreign direct investment (OFDI) exporting Korean jobs during 9862003. In the midst of an overall increase in employment in Korea, there was a temporally coincident increase in OFDI and a decline in manufacturing employment. An examination of the employment structure and capital stock changes suggests that there had been a structural transition in the Korean economy from a capital intensive to a knowledge intensive base. Simple regression analyses demonstrated that the OFDI from Korea had a checking effect on rising unemployment. As such, the increase in unemployment can be attributed to the trends of the time and the East Asian financial crisis.

Keywords: Growth refrom; Korea; Australia; OFDI; Outward foreign direct investment; Employment; capital stock; incentive base; East Asian Financial Crisis (search for similar items in EconPapers)
JEL-codes: F13 F14 F15 O23 O24 (search for similar items in EconPapers)
Date: 2005-01
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.eaber.org/node/22704 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 301 [REDIRECT LOOP] Moved Permanently (http://www.eaber.org/node/22704 [301 Moved Permanently]--> https://www.eaber.org/node/22704 [301 Moved Permanently]--> https://www.eaber.org/node/22704 [301 Moved Permanently]--> https://www.eaber.org/node/22704 [301 Moved Permanently]--> https://www.eaber.org/node/22704 [301 Moved Permanently]--> https://www.eaber.org/node/22704 [301 Moved Permanently]--> https://www.eaber.org/node/22704 [301 Moved Permanently]--> https://www.eaber.org/node/22704)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eab:develo:22704

Access Statistics for this paper

More papers in Development Economics Working Papers from East Asian Bureau of Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by Shiro Armstrong ().