A Reexamination of Korea's Trade Flows : What Has Changed and What Explains These Changes?

What Has Changed and What Explains These Changes?

A Reexamination of Korea's Trade Flows : What Has Changed and What Explains These Changes?
This paper reexamines Korea's trade flows. Using the standard demand-based models, the paper finds that owing to the increasing share of electrical and electronic products (EEPs) in total exports, the income elasticity of the Korean export demand has fallen sharply while its price elasticity has risen dramatically. This is a curious result,... READ MORE...

Publication date: August 2004
ISBN 9781451856576
$15.00

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