The Effects of Economic Openness on Korea’s Income Distribution

Young Gui Kim, Sihoon Nham, Hye Yoon Keum and Nak-Nyeon Kim
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Young Gui Kim: Korea Institute for International Economic Policy
Sihoon Nham: Korea Institute for International Economic Policy
Hye Yoon Keum: Korea Institute for International Economic Policy
Nak-Nyeon Kim: Dongguk University

No 18-17, World Economy Brief from Korea Institute for International Economic Policy

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: Korea; income distribution; economic openness (search for similar items in EconPapers)
Pages: 4 pages
Date: 2018-05-23
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Persistent link: https://EconPapers.repec.org/RePEc:ris:kiepwe:2018_017

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