IDEAS home Printed from https://ideas.repec.org/p/eab/tradew/21762.html
   My bibliography  Save this paper

Liberalization of Trade in Services and Productivity Growth in Korea

Author

Listed:
  • Jong Il Kim

    (KIEP - Korea Institute for International Economic Policy)

  • June Dong Kim

Abstract

This paper investigates the changes in productivity growth rates of Korean service and manufacturing subsectors in relation to the liberalization of trade in services. Since Korea underwent accelerated liberalization of the service sector in the 1990s, we try to examine whether the service subsectors which were liberalized, and the manufacturing subsectors which use liberalized services as inputs, experienced productivity gains in this period.

Suggested Citation

  • Jong Il Kim & June Dong Kim, 2000. "Liberalization of Trade in Services and Productivity Growth in Korea," Trade Working Papers 21762, East Asian Bureau of Economic Research.
    • Handle: RePEc:eab:tradew:21762
    as

    Download full text from publisher

    File URL: http://www.eaber.org/node/21762
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. repec:fth:michin:367 is not listed on IDEAS
    2. Borensztein, E. & De Gregorio, J. & Lee, J-W., 1998. "How does foreign direct investment affect economic growth?1," Journal of International Economics, Elsevier, vol. 45(1), pages 115-135, June.
    3. Takatoshi Ito & Masayoshi Maruyama, 1991. "Is the Japanese Distribution System Really Inefficient?," NBER Chapters, in: Trade with Japan: Has the Door Opened Wider?, pages 149-174, National Bureau of Economic Research, Inc.
    4. Chung, W. & Mitchell, W. & Yeung, B., 1994. "Foreign Direct Investment and Host Country Productivity: The Case of the American Automotive Components Industry," Working Papers 367, Research Seminar in International Economics, University of Michigan.
    5. Blomstrom, Magnus & Persson, Hakan, 1983. "Foreign investment and spillover efficiency in an underdeveloped economy: Evidence from the Mexican manufacturing industry," World Development, Elsevier, vol. 11(6), pages 493-501, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ranjan Dash & P. Parida, 2013. "FDI, services trade and economic growth in India: empirical evidence on causal links," Empirical Economics, Springer, vol. 45(1), pages 217-238, August.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. June-Dong Kim & Sang-In Hwang, 2000. "The Role of Foreign Direct Investment in Korea's Economic Development: Productivity Effects and Implications for the Currency Crisis," NBER Chapters, in: The Role of Foreign Direct Investment in East Asian Economic Development, pages 267-294, National Bureau of Economic Research, Inc.
    2. Reis, Anabela & Heitor, Manuel & Amaral, Miguel & Mendonça, Joana, 2016. "Revisiting industrial policy: Lessons learned from the establishment of an automotive OEM in Portugal," Technological Forecasting and Social Change, Elsevier, vol. 113(PB), pages 195-205.
    3. Maria Cipollina & Giorgia Giovannetti & Filomena Pietrovito & Alberto F. Pozzolo, 2012. "FDI and Growth: What Cross-country Industry Data Say," The World Economy, Wiley Blackwell, vol. 35(11), pages 1599-1629, November.
    4. Hui Wang & Huifang Liu, 2017. "An Empirical Research of FDI Spillovers and Financial Development Threshold Effects in Different Regions of China," Sustainability, MDPI, vol. 9(6), pages 1-21, June.
    5. Jin, Shaosheng & Guo, Haiyue & Delgado, Michael S. & Wang, H. Holly, 2017. "Benefit or damage? The productivity effects of FDI in the Chinese food industry," Food Policy, Elsevier, vol. 68(C), pages 1-9.
    6. Lin, Benxi & Du, Ruiying & Dong, Zekuan & Jin, Shaosheng & Liu, Weipin, 2020. "The impact of foreign direct investment on the productivity of the Chinese forest products industry," Forest Policy and Economics, Elsevier, vol. 111(C).
    7. Argentino Pessoa, 2008. "Multinational Corporations, Foreign Investment, and Royalties and License Fees: Effects on Host-Country Total Factor Productivity," Notas Económicas, Faculty of Economics, University of Coimbra, issue 28, pages 6-31, December.
    8. Santangelo, Grazia D., 2018. "The impact of FDI in land in agriculture in developing countries on host country food security," Journal of World Business, Elsevier, vol. 53(1), pages 75-84.
    9. Rachel Griffith & Stephen Redding & Helen Simpson, 2004. "Foreign Ownership and Productivity: New Evidence from the Service Sector and the R&D Lab," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 20(3), pages 440-456, Autumn.
    10. Jiyong Chen & Wei Liu & Yibo Zhang & Yangyi Sheng, 2010. "An empirical study on FDI international knowledge spillovers and regional economic development in China," Frontiers of Economics in China, Springer;Higher Education Press, vol. 5(3), pages 489-508, September.
    11. Lu, Qian & Zhao, Yunhui, 2010. "Spillover Effects of FDI in China: From the Perspective of Technology Gaps," MPRA Paper 81084, University Library of Munich, Germany.
    12. Jong-Il Kim & June-Dong Kim, 2003. "Liberalization of Trade in Services and Productivity Growth in Korea," NBER Chapters, in: Trade in Services in the Asia-Pacific Region, pages 179-208, National Bureau of Economic Research, Inc.
    13. Patibandla, Murali & Sanyal, Amal, 2005. "Foreign Investment and Productivity: A Study of Post-reform Indian Industry," Review of Applied Economics, Lincoln University, Department of Financial and Business Systems, vol. 1(1), pages 1-17, June.
    14. Harrison, Ann & Rodríguez-Clare, Andrés, 2010. "Trade, Foreign Investment, and Industrial Policy for Developing Countries," Handbook of Development Economics, in: Dani Rodrik & Mark Rosenzweig (ed.), Handbook of Development Economics, edition 1, volume 5, chapter 0, pages 4039-4214, Elsevier.
    15. Kugler, Maurice, 2006. "Spillovers from foreign direct investment: Within or between industries?," Journal of Development Economics, Elsevier, vol. 80(2), pages 444-477, August.
    16. Mohammad Sharif Karimi & Andrzej Cieslik, 2017. "Foreign Knowledge Spillovers and Total Factor Productivity Growth: Evidence from Four ASEAN Countries," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 21(2), pages 267-299, Spring.
    17. Neil Foster-McGregor, 2012. "Innovation and Technology Transfer across Countries," wiiw Research Reports 380, The Vienna Institute for International Economic Studies, wiiw.
    18. Griffith, Rachel & Redding, Stephen & Simpson, Helen, 2002. "Productivity Convergence and Foreign Ownership at the Establishment Level," CEPR Discussion Papers 3765, C.E.P.R. Discussion Papers.
    19. Jellal, Mohamed & Bouzahzah, Mohamed, 2012. "Education investissements directs étrangers et croissance économique réflexions pour le maroc [Education foreign direct investments and economic growth some thoughts for morocco]," MPRA Paper 38883, University Library of Munich, Germany.
    20. Gui-Diby, Steve Loris & Renard, Mary-Françoise, 2015. "Foreign Direct Investment Inflows and the Industrialization of African Countries," World Development, Elsevier, vol. 74(C), pages 43-57.

    More about this item

    Keywords

    liberalization; trade services; Korea;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eab:tradew:21762. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Shiro Armstrong (email available below). General contact details of provider: https://edirc.repec.org/data/eaberau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.