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Growth by trade-induced adjustments

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  • Jong-Eun Lee

Abstract

This article measures the impact of trade adjustment on the growth in the Korean economy. Using principal components trade adjustments are found to significantly explain the rate of growth over the period of 1989-2004. We also focused on the case of bilateral trade with China.

Suggested Citation

  • Jong-Eun Lee, 2007. "Growth by trade-induced adjustments," Applied Economics Letters, Taylor & Francis Journals, vol. 14(15), pages 1147-1150.
    • Handle: RePEc:taf:apeclt:v:14:y:2007:i:15:p:1147-1150
    DOI: 10.1080/13504850600606117
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    References listed on IDEAS

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    1. Abdul Azhar & Robert Elliott, 2003. "On the measurement of trade-induced adjustment," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 139(3), pages 419-439, September.
    2. Jong‐Eun Lee, 2006. "Identifying Trade Structure and Macroeconomic Caveats: The Post‐crisis of Korea," The World Economy, Wiley Blackwell, vol. 29(10), pages 1311-1327, October.
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