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The Republic of Korea’s Economic Growth and Catch-Up: Implications for the People’s Republic of China

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  • Jong-Wha Lee

Abstract

This study investigates the economic growth and catch-up of the Republic of Korea over the past half-century. The gap of output per worker between the Republic of Korea and United States has decreased rapidly, as the Republic of Korea’s lower per capita income, relative to its potential level, has led to higher growth, confirming the prediction of a conditional convergence theory.

Suggested Citation

  • Jong-Wha Lee, 2016. "The Republic of Korea’s Economic Growth and Catch-Up: Implications for the People’s Republic of China," Working Papers id:10770, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:10770
    Note: Institutional Papers
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    Citations

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    Cited by:

    1. Mohammed Ahmad S. Al-Shamsi, 2022. "Review of Korean Imitation and Innovation in the Last 60 Years," Sustainability, MDPI, vol. 14(6), pages 1-15, March.
    2. Kyoung Min Kim & Dohyun Kim & Un Sun Chung, 2020. "Investigation of the Trend in Adolescent Mental Health and its Related Social Factors: A Multi-Year Cross-Sectional Study For 13 Years," IJERPH, MDPI, vol. 17(15), pages 1-14, July.
    3. Olga A. Shvetsova & Sang-Kon Lee, 2021. "Living Labs in University-Industry Cooperation as a Part of Innovation Ecosystem: Case Study of South Korea," Sustainability, MDPI, vol. 13(11), pages 1-23, May.
    4. Fleckenstein, Timo & Lee, Soohyun Christine & Park, Jae Hyoung, 2023. "Skills and training in hierarchical capitalism: the rise and fall of vocational training in South Korea," LSE Research Online Documents on Economics 115909, London School of Economics and Political Science, LSE Library.
    5. Shahid Yusuf, 2018. "East Asian Cat or African Cat: Which One Is the Better Mouse Catcher?," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 10(1-3), pages 60-72, January.

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