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Economic Development and Inflation
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Byun, HyungYoon | - |
dc.date.accessioned | 2009-01-16T01:48:07Z | - |
dc.date.available | 2009-01-16T01:48:07Z | - |
dc.date.issued | 1992-10 | - |
dc.identifier.citation | Seoul Journal of Economics, Vol.5 No.4, pp. 375-402 | - |
dc.identifier.issn | 1225-0279 | - |
dc.identifier.uri | https://hdl.handle.net/10371/980 | - |
dc.description.abstract | Inflation in Korea is cost-push inflation originating from the economic growth strategy. This rapid growth-oriented, industrialization-oriented, export-driven, and big firm-oriented strategy has formed both an industrial structure which is dependent on foreign factors and a market structure which is monopolistic. It has. at the same time, caused the slowdown of agriculture. The external dependency of the industrial structure has in turn generated a price structure in which domestic prices are sensitive to foreign price movements. The monopolistic structure has additionally given rise to a price structure where a cost increase is easily linked to a price increase. In sum, induced by the Korean experience the argument that the inflation must be tolerated for rapid economic growth cannot be justified. | - |
dc.language.iso | en | - |
dc.publisher | Institute of Economic Research, Seoul National University | - |
dc.subject | inflation of korea | - |
dc.subject | five-year economic plan | - |
dc.subject | wholesale prise index | - |
dc.subject | WPI | - |
dc.title | Economic Development and Inflation | - |
dc.type | SNU Journal | - |
dc.contributor.AlternativeAuthor | 변형윤 | - |
dc.citation.journaltitle | Seoul Journal of Economics | - |
dc.citation.endpage | 402 | - |
dc.citation.number | 4 | - |
dc.citation.pages | 375-402 | - |
dc.citation.startpage | 375 | - |
dc.citation.volume | 5 | - |
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