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Applied Economics Letters Volume 14, 2007 - Issue 15
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Original Articles

Growth by trade-induced adjustments

Jong-Eun Lee Department of Economics, Sejong University, 98 Gunja-Dong, Gwangjin-Gu, Seoul, 143-747, Korea E-mail: [email protected]
Pages 1147-1150 | Published online: 23 Nov 2007
 
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Abstract

This article measures the impact of trade adjustment on the growth in the Korean economy. Using principal components trade adjustments are found to significantly explain the rate of growth over the period of 1989–2004. We also focused on the case of bilateral trade with China.

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