SIER Working Paper Series

149 Identifying FDI Types : Watch What They Do, Not What They Say or Look Like

Author : JaeBin Ahn, Jee-Hyeong Park
Abstract :
This note compares three different schemes to identify FDI types and documents that correlation amon...

148 Snowballing alongside Domino on Proliferation of Preferential Trade Agreements

Author : Jee-Hyeong Park, Jaeyoun Roh
Abstract :
With regard to the third-country effects on bilateral incentives to sign new preferential trade agr...

147 Several Modes of Digitalization of Value Chains and Implications for Entrepreneurship:

Author : Keun Lee, Tri VuPhu, Donghyun Park
Abstract :
In this paper, we examine how digitalization affects global value chain. By using empirical evidence...

146 Kaldor and Kuznets Together in a Three-way Growth-Equity Nexus in Developed and Developing Countries:

Author : Keun Lee, Juneyoung Lee
Abstract :
This study analyzes the three-way relationship of economic growth and the two aspects of income dist...

145 The Emergence and Persistence of Oligarchy: A Dynamic Model of Endogenous Political Power

Author : Ilwoo Hwang, Jee Seon Jeon
Abstract :
We study an infinite-horizon multilateral bargaining game in which the status quo policy, players’ ...

144 Changing GVC in Post-Pandemic Asia: Korea, China and Southeast Asia

Author : Keun Lee, Taeyoung Park
Abstract :
This paper has provided some overview of the changing GVC in Asia, especially since the outbreak of ...

143 Price Stickiness Heterogeneity and Equilibrium Determinacy

Author : Jae Won Lee, Woong Yong Park
Abstract :
This paper shows that the requirement for monetary policy to achieve equilibrium determinacy is subs...

142 Regression Discontinuity Design With Potentially Many Covariates

Author : Myung Hwan Seo, Yoichi Arai, Taisuke Otsu
Abstract :
This paper studies the case of possibly high-dimensional covariates in the regression discontinuity ...

141 Negative Income Tax and Universal Basic Income in the Eyes of Aiyagari

Author : Yongsung Chang, Jong-Suk Han, Sun-Bin Kim
Abstract :
We compare two redistribution programs - negative income tax (NIT) and universal basic income (UBI) ...

140-1 Contracting with Enemies?: Vertical FDI with Outsourcing Contracts

Author : JaeBin Ahn, Jee-Hyeong Park
Abstract :
An exploration of Korean MNCs’ foreign affiliate-level data reveals that a significant portion of m...