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The Effects of Economic Openness on Korea’s Income Distribution

Author

Listed:
  • Kim, Young Gui

    (Korea Institute for International Economic Policy)

  • Nham, Sihoon

    (Korea Institute for International Economic Policy)

  • Keum, Hye Yoon

    (Korea Institute for International Economic Policy)

  • Kim, Nak-Nyeon

    (Dongguk University)

Abstract

To investigate the current status of Korea's income distribution, we decompose its income inequality index. Next, we analyze the effects of economic openness on income distribution with two different datasets: international country-level data and Korean industry-level data. Based on the analysis above, we make some policy suggestions.

Suggested Citation

  • Kim, Young Gui & Nham, Sihoon & Keum, Hye Yoon & Kim, Nak-Nyeon, 2018. "The Effects of Economic Openness on Korea’s Income Distribution," World Economy Brief 18-17, Korea Institute for International Economic Policy.
    • Handle: RePEc:ris:kiepwe:2018_017
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