S-Space College of Social Sciences (사회과학대학) Institute of Economics Research (경제연구소) Seoul Journal of Economics Seoul Journal of Economics vol.29 no.1~4 (2016)
Effects of Human Capital on the Economic Adjustment of North Korean Defectors
- Kim, Byung-Yeon; Kim, Seong Hee
- Issue Date
- Seoul Journal of Economics, Vol.29 No.4, pp. 505-528
- 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.