Determinants of Korean trade flows and their geographical destination /

Determinants of Korean trade flows and their geographical destination /

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Bibliographic Details
Author / Creator:	Giorgianni, Lorenzo.
Imprint:	[Washington, D.C.] : International Monetary Fund, Research Dept., ©1997.
Description:	1 online resource (47 pages) : illustrations
Language:	English
Series:	IMF working paper ; WP/97/54 IMF working paper ; WP/97/54.
Subject:	Exports -- Korea (South) Commerce. Exports. Korea (South) -- Commerce. Korea (South)
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12496513

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Other authors / contributors:	Milesi-Ferretti, Gian Maria. International Monetary Fund. Research Department.
ISBN:	1451894341 9781451894349 1281601004 9781281601001
Notes:	Includes bibliographical references (pages 45-47). Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 digitized 2010 HathiTrust Digital Library committed to preserve Print version record.
Summary:	Korea's growth performance during the past three decades has been impressive. The economy has evolved from a closed and backward agricultural economy to an industrial country member of the OECD. An increasingly outward-oriented development strategy has played an important role in Korea's strong growth performance. During the past 25 years, the volume of Korean exports has grown at an average annual rate of over 15 percent; as a result, Korea's share of world trade is now over 2 percent, four times higher than 20 years ago. Are traditional explanations of the dynamics of trade flows consistent with these observations? This paper addresses this question by investigating the determinants of Korean trade flows and their geographical destination during this period of substantial economic transformation.
Other form:	Print version: Giorgianni, Lorenzo. Determinants of Korean trade flows and their geographical destination. [Washington, D.C.] : International Monetary Fund, Research Dept., ©1997

Description
Summary:	This paper investigates the behavior of Korean trade flows during the last three decades and presents estimates of aggregate export and import equations. In particular, it considers different choices for scale and price variables and assesses the relative merits of these alternative specifications in terms of stability and forecasting performance. It also provides an assessment of the drastic change in the geographical destination of Korean exports during the 1990s.
Physical Description:	1 online resource (47 pages) : illustrations
Format:	Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Bibliography:	Includes bibliographical references (pages 45-47).
ISBN:	1451894341 9781451894349 1281601004 9781281601001