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dc.contributor.authorRakotoarisoa, M.
dc.contributor.authorKim, S.
dc.date.accessioned2010-08-02T12:42:51Z
dc.date.available2010-08-02T12:42:51Z
dc.date.issued2008-03-13
dc.identifier.citationRakotoarisoa, M.; Kim, S. 2008. Does trade, technology or education expel traditional sectors? Evidence from the collapse of South Korea’s silk sector. Asian Economic Journal 22(2):113-132.en_US
dc.identifier.urihttps://hdl.handle.net/10568/2095
dc.description.abstractRapid economic growth and development often drives out traditional activities. We determine how increased trade, technology, and access to education in South Korea led to the collapse of its silk sector. Results show that although the imports of silk yarn and fabric reduced domestic silk output and prices, trade liberalization was not the sole contributor to the collapse. Inelastic labor demand for unskilled workers, skill-biased technology, and especially increased access to education all led to a sharp rise in the relative wage of unskilled workers, and the ensuing rise in production costs contributed to the silk sector's collapse.en_US
dc.language.isoenen_US
dc.sourceAsian Economic Journalen_US
dc.subjectTRADEen_US
dc.subjectKOREA REPUBLICen_US
dc.titleDoes trade, technology or education expel traditional sectors? Evidence from the collapse of South Korea’s silk sectoren_US
dc.typeJournal Articleen_US
cg.subject.ilriTRADEen_US
cg.subject.ilriMARKETSen_US
cg.identifier.statusLimited Accessen_US
cg.identifier.doihttps://dx.doi.org/10.1111/j.1467-8381.2008.00271.xen_US
cg.coverage.regionASIA
cg.coverage.countryKOREA, REPUBLICen_US


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