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Title: |
Factor Intensities of Korea's Domestic Demand,
Production and Trade: 1960-85 |
| Author: |
Hong, Wontack |
| Author
Affiliation: |
Seoul U |
| Source: |
International Economic Journal, Summer 1989, v. 3, no. 2, pp. 97-113 |
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Publication Date: |
Summer 1989 |
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Abstract: |
This paper investigates the shifts in
factor intensities of Korea's domestic consumption, investment and
export activities as well as those of competitive import replacement
during the period 1960-85. It finds significantly increasing capital
intensities of these activities over the period 1966-85. It further
investigates the shifts in the pattern of Korea's import dependency and
observes an increasing trend in labor-intensive manufactures imports
either for export activites or for domestic demand. The results are
consistent with what we may expect from the comparative static version
of Heckscher-Ohlin theory of factor proportions. |
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