The effects of external shocks on the Korean economy: CGE model-based analysis

Abstract The trend of low commodity prices looks to continue. Such a trend will affect small open economies that are heavily commodity import dependent, such as the economy of South Korea. Hence, it is of interest to see how the economy would have performed differently with changes in the imported c...

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Bibliographic Details
Main Authors: Hyeok Lee, Yong Kyun Kim
Format: Article
Language:English
Published: SpringerOpen 2018-07-01
Series:Journal of Economic Structures
Subjects:
CGE
Online Access:http://link.springer.com/article/10.1186/s40008-018-0114-2