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Author: | Kwak, H. |
Title: | Changing trade policy and its impact on TFP in the republic of Korea |
Journal: | Developing Economies
1994 : DEC, VOL. 32:4, p. 398-422 |
Index terms: | TRADE POLICY KOREA CHANGE |
Language: | eng |
Abstract: | The purpose of this paper is to examine the impact that import-related trade policies have on the growth of domestic industry, based on the experience of Korea. Section 1 looks at the aim of Korea's import policies by outlining changes in policies since Korea began promoting industrialization in the 1960s. Section 2 statistically examines the correlation between degree of protection and total factor productivity (TFP), using indicators that show the level of protectionism. |
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