• Media type: E-Article
  • Title: The peace effects of inter-Korean trade and the political-economic separation : analysis of the reciprocal effects of inter-Korean relations and inter-Korean trade
  • Contributor: Kim, Kyoochul [VerfasserIn]
  • imprint: 2023
  • Published in: Han gug gae bal yeon gu won: KDI-journal of economic policy ; 45(2023), 3 vom: Aug., Seite 1-24
  • Language: English
  • DOI: 10.23895/kdijep.2023.45.3.1
  • ISSN: 2586-4130
  • Identifier:
  • Keywords: Inter-Korean Trade ; Inter-Korean Relations ; GDELT ; Peace Effect ; Political-Economic Separation ; Aufsatz in Zeitschrift
  • Origination:
  • Footnote:
  • Description: This paper empirically examines the relationship between inter-Korean trade and inter-Korean relations over the past three decades. It asks two questions: (1) Does inter-Korean trade contribute to improved interKorean relations and peace on the Korean Peninsula? (2) Does improved inter-Korean relations lead to increased inter-Korean trade? The study employs a time-series causal relationship analysis methodology to answer these questions. The findings show that during the progressive government's reign, inter-Korean trade was not impacted by inter-Korean relations. This is due to the implementation of a political-economic separation policy towards North Korea. Moreover, the increase in general trade and processing on commission did enhance inter-Korean relations, reflecting the "inclusive policy" aimed at achieving peace on the Korean Peninsula through interKorean trade. In contrast, during the conservative government's reign, inter-Korean relations had a direct impact on inter-Korean trade, with deteriorating relations leading to a significant decrease in trade. This was due to the implementation of North Korea policies that were linked to politics and the economy.
  • Access State: Open Access
  • Rights information: Attribution - Share Alike (CC BY-SA)