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Effects of Human Capital on the Economic Adjustment of North Korean Defectors

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Authors
Kim, Byung-Yeon; Kim, Seong Hee
Issue Date
2016-11-10
Publisher
Institute of Economic Research, Seoul National University
Citation
Seoul Journal of Economics, Vol.29 No.4, pp. 505-528
Keywords
North KoreaInformal economic activitiesHuman capitalEconomic adjustment
Abstract
This study investigates the effects of combined human capital of North and South Korea on the economic adjustment of North Korean defectors. Household income and job stability are used as outcome variables. Informal economic activities in North Korea exert a significant and positive impact on economic adjustment in the South. Membership in the Workers Party and time spent in the South positively affect household income. Overall, acquired human capital from North Korea appears more important than that obtained from the South. This finding has significant policy implications.
ISSN
1225-0279
Language
English
URI
https://hdl.handle.net/10371/98856
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College of Social Sciences (사회과학대학)Institute of Economics Research (경제연구소)Seoul Journal of EconomicsSeoul Journal of Economics vol.29 no.1~4 (2016)
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