South Korea
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International spillover effects of air pollution: Evidence from mortality and health data
Air pollution in China has significant negative effects on mortality and morbidity in South Korea, and accounting for this amplifies the overall benefits of environmental regulation
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The plant-level view of an industrial policy: The Korean heavy industry drive of 1973
Korea’s promotion of heavy and chemical industries would have been more successful if it had not come with a rise in concentration and misallocation
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Industrial policies in production networks
The industrial sectors a government chooses to support are critical to development by inducing ripple effects on production networks at large
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Optimising production: Industrial policies in networks
A study finds that promoting upstream sectors to counter resource misallocation raises aggregate efficiency
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Manufacturing revolutions: The role of industrial policy in South Korea’s industrialisation
South Korea’s industrial policy in the late 1970s played a critical role in forging its modern economy. Are there lessons for the developing world?