{"title":"Household Debt and Housing: Source of Income Inequality in South Korea","authors":"Soohyon Kim, Seolwoong Hwang","doi":"10.1080/1226508x.2024.2399004","DOIUrl":"https://doi.org/10.1080/1226508x.2024.2399004","url":null,"abstract":"This study uncovers that the rising incidence of household debt, particularly being used for acquiring non-financial assets, correlates with a notable increase in income, predominantly benefitting ...","PeriodicalId":45235,"journal":{"name":"Global Economic Review","volume":"61 1","pages":""},"PeriodicalIF":1.7,"publicationDate":"2024-09-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142187428","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Does the Depth of Digital Trade Rules Boost Bilateral Service Value-Added Trade?","authors":"Jinlong Zhao, Jingyuan Zhao, Linshan Jiang","doi":"10.1080/1226508x.2024.2388514","DOIUrl":"https://doi.org/10.1080/1226508x.2024.2388514","url":null,"abstract":"The study found that high-level digital trade rules can significantly boost service value-added in trade between countries, with a more significant boosting effect on domestic value-added trade. Hi...","PeriodicalId":45235,"journal":{"name":"Global Economic Review","volume":"40 1","pages":""},"PeriodicalIF":1.7,"publicationDate":"2024-08-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"142224515","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Impact of e-commerce on Local Retail Employment: Examining Heterogeneous Impacts by Employment and Regional Types*","authors":"Chung Choe, Dongwoo Kang, Heesun Lee","doi":"10.1080/1226508x.2024.2317123","DOIUrl":"https://doi.org/10.1080/1226508x.2024.2317123","url":null,"abstract":"This paper examines the impact of e-commerce on local retail employment and its heterogeneity by employment and regional types, using Korean retail survey. Our findings reveal that the positive imp...","PeriodicalId":45235,"journal":{"name":"Global Economic Review","volume":"18 1","pages":""},"PeriodicalIF":1.7,"publicationDate":"2024-02-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140020142","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Breaking the Vicious Circle: Macroeconomic Perspectives on Policy Interventions for Female Labor Supply and the Gender Wage Gap","authors":"Youngjae Lee","doi":"10.1080/1226508x.2024.2318783","DOIUrl":"https://doi.org/10.1080/1226508x.2024.2318783","url":null,"abstract":"This paper examines the interplay between the female labour supply and wages through human capital accumulation in South Korea, highlighting the significant gender wage gap and low female labor par...","PeriodicalId":45235,"journal":{"name":"Global Economic Review","volume":"195 1","pages":""},"PeriodicalIF":1.7,"publicationDate":"2024-02-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139947618","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Impact of Geopolitical Risk on Trade Costs","authors":"Yulin Hou, Wenjun Xue, Xin Zhang","doi":"10.1080/1226508x.2024.2305464","DOIUrl":"https://doi.org/10.1080/1226508x.2024.2305464","url":null,"abstract":"This paper investigates the impact of geopolitical risk on trade costs across 43 countries from 1995 to 2019. The results show that geopolitical risk enters trade costs regressions positively and s...","PeriodicalId":45235,"journal":{"name":"Global Economic Review","volume":"14 1","pages":""},"PeriodicalIF":1.7,"publicationDate":"2024-01-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139554162","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Miao Grace Wang, M.C. Sunny Wong, Hong Zhuang, Reinhard Cate
{"title":"The Impact of Armed Conflict on Inward Foreign Direct Investment (FDI): An Analysis of Conflict Over Government, Conflict Over Territory, and FDI","authors":"Miao Grace Wang, M.C. Sunny Wong, Hong Zhuang, Reinhard Cate","doi":"10.1080/1226508x.2024.2305468","DOIUrl":"https://doi.org/10.1080/1226508x.2024.2305468","url":null,"abstract":"We examine the relationship between armed conflict and foreign direct investment (FDI) in host countries. With data from 113 nations from 1984 to 2014, system GMM and macro-panel CCEMG estimators s...","PeriodicalId":45235,"journal":{"name":"Global Economic Review","volume":"4 1","pages":""},"PeriodicalIF":1.7,"publicationDate":"2024-01-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139554430","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Well-Being of Cities: Estimating Migration Attractiveness From Internal Migration Across Korean Cities","authors":"Hyoungchul Kim, Seung Hoon Lee, Ji Sub Park","doi":"10.1080/1226508x.2023.2282622","DOIUrl":"https://doi.org/10.1080/1226508x.2023.2282622","url":null,"abstract":"We adopt the methodology proposed by Lee, Lee and Lin [2021. “The Well-Being of Nations: Estimating Welfare from International Migration.” International Economic Review 62:1111-1130] to estimate th...","PeriodicalId":45235,"journal":{"name":"Global Economic Review","volume":"98 1","pages":""},"PeriodicalIF":1.7,"publicationDate":"2023-12-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138574457","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Exports, Irreversible Investments and Product Market Uncertainty: The Role of Trade Intermediaries","authors":"Marco Di Cintio, Sucharita Ghosh, Emanuele Grassi","doi":"10.1080/1226508x.2023.2281917","DOIUrl":"https://doi.org/10.1080/1226508x.2023.2281917","url":null,"abstract":"This paper uses the theoretical underpinnings of the real options theory framework to investigate whether uncertainty affects a firms’ decision to directly export versus indirectly export and to de...","PeriodicalId":45235,"journal":{"name":"Global Economic Review","volume":"17 2","pages":""},"PeriodicalIF":1.7,"publicationDate":"2023-11-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138513856","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Health and Labour Market Outcomes of North Korean Refugees in South Korea","authors":"Hyeseung Wee, Daehwan Kim","doi":"10.1080/1226508x.2023.2272244","DOIUrl":"https://doi.org/10.1080/1226508x.2023.2272244","url":null,"abstract":"ABSTRACTThis study utilises the National Health Insurance Service of Korea (NHIS) data which include the results of annual and bi-annual health screening of North Korean refugees together with indicators of their employment and earnings and investigates the relationship between the refugees’ health and labour market outcomes. We find that the refugees with poor health significantly underperform healthy refugees in the labour market, and the impact of poor health at the time of entry lasts longer than 10 years. We also find that poor health has greater detrimental effects on refugees than on non-refugees.KEYWORDS: North Korean refugeeshealth and labor market outcomesNational Health Insurance Service of Korea datahealth screeningemployment and earningsJEL CODES: J15, I13I15 AcknowledgementsWe would like to thank Chung Choe, Klaus Hornetz, Jongnam Hwang, Jeffrey Nilsen and participants at the 2021 Korea and the World Economy Conference and the 2023 Korean Association of Health Economics and Policy Conference for providing useful comments to earlier versions of this paper.Disclosure StatementNo potential conflict of interest was reported by the author(s).Notes1 Literature suggests that other factors contributing to North Korean refugees’ difficulty in the labour market include lack of specific human capital (Jeong Citation2018), unfamiliarity with market capitalism (Kim and Kim Citation2019) and lack of fluid intelligence (Kim and Lee Citation2018).2 One disadvantage of the NHIS data is that refugees’ socio-economic circumstances prior to their entry to Korea (e.g. education, work experiences, and family wealth in North Korea) are not available.3 While these data have the advantage of containing pre-arrival socio-economic information as well as health status, they are not suitable for the study of integration since they do not contain labor market outcome in the years following refugees’ relocation.4 The programme covers employed persons of all ages, self-employed or unemployed persons of all ages who are the heads of households, and all other people over the age of 40. In 2016, more than 17 million people out of 43 million adults were eligible for the programme. See National Health Insurance Service and Health Insurance Review and Assessment Service (Citation2022).5 Lee et al. (Citation2022) report detailed statistics regarding refugees’ participation in health screening.6 North Korean refugees also have low estimated glomerular filtration rates (Song and Choi Citation2018), which is known to be associated with high blood pressure, one of the four chronic diseases used to construct our health indicators.7 In Section 4, we have a larger number of observations since we fill some observations with health data from adjacent years. Such filling-in scheme has not been adopted for the calculation of Figure 2.8 We determine the year of entry from the first year that an individual appears in the NHIS database. As the first year in our database is 2002, we ar","PeriodicalId":45235,"journal":{"name":"Global Economic Review","volume":"13 2","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135017581","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Did Republican-Led States Perform Better at Protecting Jobs Against COVID-19 in the United States?","authors":"Changkyu Choi, Hojin Jung","doi":"10.1080/1226508x.2023.2272274","DOIUrl":"https://doi.org/10.1080/1226508x.2023.2272274","url":null,"abstract":"ABSTRACTThis study investigated the short-term effects of partisan control by state governments on employment during the 2020 COVID-19 pandemic in the United States. Specifically, we examined whether Republican control of the state government was associated with lower unemployment rates and higher employment-to-population ratios. Our results revealed that party control exerted a weak effect but that the interaction with the number of pandemic-related deaths had a strong negative (positive) impact on unemployment rates (employment-to-population ratios). The moderation effect of our state partisan control variables supports the conclusion that Republican-led states produced better employment outcomes against the pandemic.KEYWORDS: COVID-19partisanrepublican party controlunemployment rateemployment-to-population ratioJEL CLASSIFICATION: H75I10J21 Disclosure statementNo potential conflict of interest was reported by the author(s).Notes1 We also explored the potential effects of the COVID-19 pandemic by employing the number of confirmed cases as an indicator of its severity. However, we could not derive a definitive result. It is possible that the state authorities had a more pronounced reaction to death tolls than to confirmed case numbers, perhaps because of the media's strong emphasis on fatalities. State leaders may set restrictions based on death counts. While this study primarily focuses on the empirical results related to the number of deaths, our complete empirical results using infection data are available upon request.Additional informationFundingThis work is supported by the Ministry of Education of the Republic of Korea and the National Research Foundation of Korea (NRF-2022S1A3A2A0208958).","PeriodicalId":45235,"journal":{"name":"Global Economic Review","volume":"48 3","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-10-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134901924","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}