Korea Trade Review (무역학회지)

Korea Trade Research Association (한국무역학회)
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The Asymmetric Impacts of Human Capital Accumulation through Trade on Economic Growth in the Manufacturing Sector of Korea

한국 제조업의 무역을 통한 인적자본축적이 경제성장에 미친 비대칭적 영향 분석

  • Choi, Bong-Ho (Department of International Trade, Dongeui University)
  • Received : 2018.12.29
  • Accepted : 2019.02.26
  • Published : 2019.02.28
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Abstract

This study aims to analyze the effects of trade on human capital accumulation and economic growth in Korean manufacturing industry. The results of empirical analysis by dynamic panel model are as follows. The increase in exports of skilled labor intensive industries has a positive effect on human capital and economic growth, and the impact of import on human capital accumulation and economic growth has alst a positive impact. The exports of unskilled intensive labor industries have a negative impact on human capital accumulation and economic growth. Imports of unskilled labor intensive industries have negative on human capital accumulation and economic growth. It is difficult to derive statistically significant results for the effects of trade on human capital accumulation and economic growth before and after 2008. However, as a result of the financial crisis in 2008, it seems that the effects have decreased since 2008.

Keywords

Acknowledgement

이 논문은 2017년 정부(교육부)의 재원으로 한국연구재단의 지원을 받아 수행된 연구임 (NRF-2017S1A5A2A01026316).

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