Publications

[39] Why Do Real Wages Stagnate in Japan and Korea? (with Kyoji Fukao, Hyeog Ug Kwon, Jungsoo Park),  Asian Economic Papers,   23(1), March 2024, 116-139 (Featured in VOXEU column, September 6, 2021).

[38] The Rise of E-Commerce and Generational Consumption Inequality: Evidence from COVID-19 in South Korea, (with Eunjee Kwon and Dongyun Yang), Regional Science and Urban Economics, 104, January 2024, 103971.

[37] Can the Minimum Wage Affect Non-Wage Workers?” (with Jungmin Lee and Donghan Shin), Korean Economic Review, 40(1), January 2024, 5-47.

[36] E-Commerce and Local Labor Markets: Is the Retail Apocalypse Near? (with Hailey Hayeon Joo, Jisoo Kang, and Yoonsoo Lee),  Journal of Urban Economics, 137, September 2023, 103594.

[35] Protecting Small-Scale Enterprises: Evidence from the Korean Ready-Mix Concrete Industry (with Hailey Hayeon Joo, Jisoo Kang, and Soo Hyung Kim), Review of Industrial Organization, 63(1), August 2023, 73-95.

[34] The Rise of E-Commerce and the Local Wage Structure: Evidence from the Korean Retail Industry (with Donghan Shin), Korean Economic Review, 39(2), July 2023, 315-345.

[33] Productivity Dynamics in the Retail Trade Sector: The Roles of Large Modern Retailers and Small Entrants,  (with Janghee Cho and Yoonsoo Lee), Small Business Economics, 60(1), January 2023.

[32] The Entry of Online Retailers and Productivity Dynamics in the Retail Trade Sector (with Donghan Shin), Economics Letters, 222, January 2023.

[31] Is Online Shopping Packaging Waste a Threat to the Environment?  (with Yeonsu Kim and Jisoo Kang) , Economics Letters, 214, May 2022.

[30] Global Value Chains and Servicification of Manufacturing: Evidence from Firm-level Data (with Jung Hur and Nyeong Seon Son), Japan and The World Economy, 58, June 2021.

[29] Hollowing Out or Filling In? Plant Turnover and Job Reallocation of Multinational Enterprises (with Jung Hur and Nyeong Seon Son), Korean Economic Review, 36(2), 285-317, July 2020.

[28] Cross-Border Vertical Integration and Technology in Factory Asia: Evidence from Korea (with Jung Hur, Doyoung Kim, and Nyeong Seon Son), Developing Economies, 58(2), June 2020, 99-133.

[27] Do Non-exporting Plants Benefit from Exporting Peer Plants?” (with Jung Hur, Nyeong Seon Son, Haeyeon Yoon), Asian Economic Journal, 33(3), September 2019, 221-234.

[26] Cross-border Vertical Integration and Intra-firm Trade:  New Evidence from Korean and Japanese Firm-level Data (with Jung Hur, Young Gak Kim, and Hyeog Ug Kwon), Asian Economic Papers, 16(2), June 2017, 126-139.

[25] Job Creation and Destruction: New Evidence on the Role of Small versus Young Firms in Korea (with Janghee Cho, Hongjun Kim, Yoonsoo Lee), Japanese Economic Review, 68(2), June 2017, 173-187.

[24] Does Intangible Contribute to Productivity Growth in East Asian Countries? Evidence from Japan and Korea (with Tsutomu Miyagawa, Hak Kil Pyo, and Konomi Tonogi), in Growth and Stagnation in the World Economy edited by Dale W. Jorgenson, Kyoji Fukao, and Marcel P. Timmer, Cambridge University Press, October 2016 (Featured in VOX column, October 9, 2015).

[23] Productivity Growth and Stock Returns: Firm- and Aggregate-Level Analyses (with Jung-Wook Kim and Randall Morck), Applied Economics, 48(38), August 2016, 3644-3664 (NBER Working Paper No. 19462).

[22] Intangible Investment and Changing Sources of Growth in Korea (with M. Ishaq Nadiri), Japanese Economic Review, 67(1), March 2016, 50-76.

[21] Job Creation, Destruction, and Regional Employment Growth: Evidence from Korean Establishment-level Data (with Janghee Cho, Yoonsoo Lee, and Insil Yi), KDI Journal of Economic Policy, 37(4), November 2015, 55-74.

[20] How Does the Entry of Large Discount Stores Increase Retail Employment? Evidence from Korea (with Janghee Cho and Yoonsoo Lee), Journal of Comparative Economics, 43(3), August 2015, 559-574.

[19] How Does Information Technology Improve Aggregate Productivity? A New Channel of Productivity Dispersion and Reallocation (with Jung-Wook Kim and Jason Lee), Research Policy, 44(5), June 2015, 999-1016.

[18] Choosing Multiple Offshoring Strategies: Determinants and Complementarity (with Janghee Cho and Jung Hur), Journal of the Japanese and International Economies, 34, December 2014, 42-57.

[17] Innovative Activities of an Incumbent and a Potential Entrant: An Empirical Exploration of the Role of Uncertainty in Product and Process Innovations (with Sung-Bae Mun), Asian Journal of Technology Innovation, 22(2), December 2014, 219-233.

[16] Firm Heterogeneity, R&D, and Economic Growth (with Joonkyung Ha and Jung-Wook Kim), Economic Modelling, 36, January 2014, 149-156.

[15] Determinants of R&D Cooperation in Small and Medium-Sized Enterprises (with Sung-Bae Mun), Small Business Economics, 39(2), September 2012, 419-436.

[14] Capital Allocation, Stock Return Volatility, and Productivity Growth in U.S. Industries (with Jung-Wook Kim), Applied Economics Letters, 18(16), October 2011, 1571-1576.

[13] Technology Shocks and Employment: Evidence from U.S. Firm-Level Data (with Jung-Wook Kim), B.E. Journal of Macroeconomics, 11(1) (Topics), Article 31, September 2011, 1-21.

[12] Varying Heterogeneity among U.S. Firms: Facts and Implications (with Jung-Wook Kim and Randall Morck), Review of Economics and Statistics, 93(3), August 2011, 1034-1052.

[11] Declining Output Growth Volatility: A Sectoral Decomposition (with Jung-Wook Kim), Economics Letters, 106(3), March 2010, 151-153.

[10] Creative Destruction, Heterogeneous Firm Growth, and Efficient Resources Reallocation (with Jung-Wook Kim), Journal of Economic Research, 14(1), May 2009, 93-119.

[9] Multifactor Productivity in Korea and an International Comparison: Data and Productivity Estimates of the Korea Industrial Productivity Database (with Hak K. Pyo and Keun Hee Rhee), Seoul Journal of Economics, 21(4), December 2008, 551-577.

[8] Creative Destruction and Firm-Specific Performance Heterogeneity (with Jung-Wook Kim, Randall Morck, and Bernard Yeung), Journal of Financial Economics, 89(1), July 2008, 109-135 (NBER Working Paper No. 13011).

[7] Decomposing Productivity Growth in the U.S. Computer Industry (with M. Ishaq Nadiri), Review of Economics and Statistics, 90(1), February 2008, 174-180 (NBER Working Paper No. 9267).

[6] The Impact of Information Technology on Labor Productivity Growth: Evidence from Five OECD Countries, 1970-1990 Korean Economic Review, 23(1), June 2007, 5-32.

[5] Substitutability and Accumulation of Information Technology Capital in U.S. Industries (with Sung-Bae Mun), Southern Economic Journal, 72(4), April 2006, 1002-1015.

[4] The Structure of Adjustment Costs in Information Technology Investment (with Sung-Bae Mun), Economics Bulletin, 5(4), July 2005, 1-9.

[3] Information Technology and the Demand for Educated Workers: Disentangling the Impacts of Adoption versus Use Review of Economics and Statistics, 85(1), February 2003, 1-8.

[2] An Instrumental Variable Estimate of Fertility Effect on the Labor Force Participation of Married Women (with Jeungil Oh), Applied Economics Letters, 9(10), August 2002, 631-634.

[1] Why Do Married Men Earn More: Productivity or Marriage Selection?” (with Injae Lee), Economic Inquiry, 39(2), April 2001, 307-319 (Featured as Why Married Men Earn More, Business Week, September 17, 2001).


PUBLICATIONS IN KOREAN 

[26]  Effects of Tech Incubator Program for Startup Korea (TIPS) on Innovation and Growth of Startups  (with Hongkee Kim, Sangwon Lee), Korean Journal of Economic Studies, 71(4), December  2023, 143-170. 

[25] Online Food Delivery Platform and Restaurant Sales: Evidence from a Local COVID-19 Outbreak, (with Sangwon Lee), Korean Journal of Economic Studies, 70(4), December  2022, 69-91.

[24] Firm Size and Youth Employment: Employment Dynamics by Workers’ Age (with Donghan Shin), Journal of Korean Economic Analysis, 28(2), August 2022, 1-39.

[23] The Productivity Growth of Korean Retail Industry: The Role of Establishment Entry and Exit (with Janghee Cho and Donghan Shin), Journal of Korean Economic Analysis, 26(3), December 2020, 131-183.

[22] Intangible Investments and Participation in Global Value Chains (with Nyeong Seon Son and Hyun Joon Jung), Journal of Korean Economic Analysis, 25(3), December 2019, 1-48.

[21] Effects of Zombie Firms on Productivity: Role of Firms’ Participation in Global Value Chains (with Hanhyung Bae, Donghan Shin), Journal of Market Economy, 48(3), October 2019, 69-87.

[20] Demand Uncertainty and Vertical Integration: Evidence from Ready-Mixed Concrete and Cement Firms (with Jun Yeong Lee), Review of Applied Economics, 21(1), March 2019, 5-28.

[19] Survival Patterns between Franchise and Independent Stores: Evidence from Retail Bakeries (with Jisoo Kang and Inhee Park) Korean Journal of Industrial Organization, 26(4), December 2018, 23-51.

[18] What Creates the Digital Divide? Costs or Benefits of Internet Use (with Onjung Choi), International Telecommunications Policy Review, 25(3), September 2018, 95-122.

[17] The Complementary Effect of Government R&D Subsidies on Financially Constrained Firms, (with Sangnam Lee and Yunjung Oh), Innovation Studies, 13(3), August 2018, 205-229

[16] Growth and Failure of Manufacturing Plants in Korea: Single-unit versus Multi-unit Plants (with Yoonsoo Lee and Nyeong Seon Son), Journal of Market Economy, 47(1), February 2018, 1-27.

[15] Entry, Exit and Productivity Growth in the Service Sector: Evidence from Industries with the Restriction of Excessive Entry (with Jisoo Kang and Janghee Cho), Korean Journal of Economic Studies, 65(4), December 2017, 129-157.

[14] The Effect of Super Supermarket on the Entry and Exit of Retail Stores in Korea (with Eunjee Kwon), Korean Journal of Economic Studies, 64(3), September 2016, 5-32.

[13] The Effect of Large Discount Stores’ Entry on Service Quality of Traditional Markets (with Jisoo Kang) Korean Journal of Industrial Organization, 23(2), June 2015, 33-56.

[12] Entry and Competition of Large Discount Stores in Korea (with Yoonsoo Lee and Seoji Hur), Korean Journal of Economic Studies, 62(3), September 2014, 93-118.

[11] The Effects of Internet Use on Productivity and Growth at the Firm Level (with Sung-Bae Mun and Janghee Cho), International Telecommunications Policy Review, 21(3), September 2014, 53-77.

[10] Complementarity between Export and FDI: Evidence from Korean Firms (with Janghee Cho and Jung Hur), Journal of Korea International Economic Association, 19(4), December 2013, 145-164.

[9] Competition and Technological Innovation: Incumbent and Potential Entrant (with Sung-Bae Mun), Korean Journal of Industrial Organization, 21(1), March 2013, 1-25.

[8] Productivity Difference and Globalization Strategies of Firms (with Janghee Cho and Jung Hur), Korean Journal of Economic Studies, 61(1), March 2013, 5-30.

[7] Vertical Linkage and Foreign Ownership (with Seung Yeon Oh), Journal of Market Economy, 41(1), February 2012, 89-110.

[6] Knowledge Spillovers and R&D Cooperation: Evidence from Korean ICT Manufacturing Firms (with Sung-Bae Mun and Youngmi Yoon), International Telecommunications Policy Review, 18(1), March 2011, 91-115.

[5] R&D Cooperation Strategies: Complementarity or Substitutability (with Janghee Cho), Review of Applied Economics, 12(2), September 2010, 113-136.

[4] Sibling Size and Children’s Educational Attainment (with Yu-Sun Chung), Korean Journal of Labor Economics, 32(2), August 2009, 1-25.

[3] Intergenerational Family Structure and Fertility (with Injae Lee), Quarterly Journal of Labor Policy, 9(1), March 2009, 1-25.

[2] The Effects of Innovation Activities on Employment: Evidence from Korean ICT Firms (with Sung-Bae Mun), Korean Journal of Industrial Organization, 16(1), March 2008, 1-24.

[1] Determinants of Innovation Activities in Korean ICT Firms (with Sung-Bae Mun), Review of Applied Economics, 8(1), June 2006, 145-164.