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스크랜튼대학
국제학부
Journal papers
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Foreign direct investment, labour unionization and income inequality of Korea
Title
Foreign direct investment, labour unionization and income inequality of Korea
Authors
Mah J.S.
Ewha Authors
마재신
SCOPUS Author ID
마재신
Issue Date
2012
Journal Title
Applied Economics Letters
ISSN
1350-4851
Citation
Applied Economics Letters vol. 19, no. 15, pp. 1521 - 1524
Indexed
SSCI; SCOPUS
Document Type
Article
Abstract
The Korean economy has witnessed significant expansion of Foreign Direct Investment (FDI) inflows and decrease in labour unionization ratio. This article analyses their effect on income inequality during 1982-2008. The small sample cointegration test and the error correction model confirm the existence of cointegration among the concerned variables. The error correction model shows that the increasing values of FDI inflows and the decreasing labour unionization ratio have led to deterioration in income inequality. © 2012 Copyright Taylor and Francis Group, LLC.
DOI
10.1080/13504851.2011.637888
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