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Structural Change in the Korean Economy & Firm Dynamics

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UC San Diego

School of Global Policy and Strategy Gardner Classroom

CA 92037

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Yoonsoo Lee, a professor of economics at Sogang University in Korea, will examine the structural changes in the retail industry in Korea (e.g., modernization of retail sector and diffusion of e-commerce) and the extent to which such business-level dynamics explain productivity growth.

The Korean manufacturing sector has undergone active structural transformation in the past few decades. In particular, the composition of core manufacturing products has changed over time. In the 1970s, textiles, which are used to produce fabric, clothes, apparel and shoes, were the main product. Over time, the value-added shares have shifted toward electronics, ships and cars. Analyzing plant-level microdata, Lee documents the patterns of entry, exit, job creation and destruction, and the growth of young businesses during the industrial shift. This industrial shift involved active job reallocations, as well as the entry and exit of businesses.

Location: School of Global Policy and Strategy Gardner Classroom (directions). Closest parking will be at the Pangea Parking Structure (Pangea Drive at N. Torrey Pines Rd.) A parking permit is required and can be purchased at the pay stations.

Co-sponsored by Transnational Korean Studies at the UC San Diego Division of Arts and Humanities.

The Korea-Pacific Program is sincerely grateful to the Korea Foundation for generous support for this event.

Questions? Contact Curtis Bruno.

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Location

UC San Diego

School of Global Policy and Strategy Gardner Classroom

CA 92037

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