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Displaying results 1 to 2 of 2.

  1. The economic costs of trade sanctions
    evidence from North Korea
    Author: Kim, Jihee; Kim, Kyoochul; Park, Sangyoon; Sun, Chang
    Published: August 2023
    Publisher:  CESifo, Munich, Germany

    This paper investigates the economic costs of the recent United Nations sanctions on North Korea. Exploiting a novel data set on North Korean firms, we construct measures of regional exposure to export and intermediate input sanctions and show that... more

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    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 63
    Inter-library loan:
    No inter-library loan

     

    This paper investigates the economic costs of the recent United Nations sanctions on North Korea. Exploiting a novel data set on North Korean firms, we construct measures of regional exposure to export and intermediate input sanctions and show that trade sanctions cause sharp declines in local nighttime luminosity. Additional analysis of newly available product-level price data reveals that import sanctions led to significant increases in market prices. We then estimate a quantitative spatial equilibrium model using cross-region variations. The model implies that the sanctions reduced the country's manufacturing output by 12.9% and real income by 15.3%. We further quantify the potential impact of alternative sanction scenarios.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/279381
    Series: CESifo working papers ; 10630 (2023)
    Subjects: trade sanction; regional economy; spatial equilibrium; North Korea
    Scope: 1 Online-Ressource (circa 47 Seiten), Illustrationen
  2. Macroeconomic trends in the Kim Jong-un era
    continuation or break?
    Contributor: Kim, Kyoochul (InterviewteR); Lee, Suk (InterviewerIn)
    Published: December 30, 2019
    Publisher:  KDI, Korean Development Institute, Sejong-si

    Many agree that the economy of North Korea has changed under the Kim Jong-un regime, but there are often different interpretations as to whether these changes are in line with the continued transformation from the 1990s or they should be seen as a... more

    Access:
    Verlag (kostenfrei)
    Resolving-System (kostenfrei)

    Location:
    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    Signature:
    DS 708
    Inter-library loan:
    No inter-library loan

     

    Many agree that the economy of North Korea has changed under the Kim Jong-un regime, but there are often different interpretations as to whether these changes are in line with the continued transformation from the 1990s or they should be seen as a completely separate trend. And the way of understanding the shift varies on which side you stand. In this context, the KDI Review of the North Korean Economy September edition chose "Macroeconomic Trends in the Kim Jong-un Era: Continuation or Break" as the first theme of its new section, 'Dialogue.' The section covers expert interviews devoted to exploring fundamental and diverse research questions about the North Korean economy in the aspects of economics. We hope that readers find this article interesting and informative.

     
    Export to reference management software   RIS file
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    Source: Union catalogues
    Contributor: Kim, Kyoochul (InterviewteR); Lee, Suk (InterviewerIn)
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/215921
    Series: Dialogue on the North Korea economy ; December 2019
    Subjects: Wirtschaftsreform; Strukturwandel; Makroökonomik; Nordkorea
    Scope: 1 Online-Ressource (circa 33 Seiten), Illustrationen