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한국경제의 상품 다양성의 증가(Variety growth in Korean economy) : 수요 측면의 접근을 중심으로
| Title |
한국경제의 상품 다양성의 증가(Variety growth in Korean economy)
Similar Titles
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|---|---|
| Sub Title | 수요 측면의 접근을 중심으로 |
| Material Type | Reports |
| Author(Korean) |
오지윤 |
| Publisher |
세종특별자치시 : 한국개발연구원 |
| Date | 2013-12 |
| Series Title; No | 정책연구시리즈 / 2013-18 |
| ISBN | 978-89-8063-892-5 (93320) |
| Pages | 49 |
| Subject Country | South Korea(Asia and Pacific) |
| Language | Korean |
| File Type | Documents |
| Original Format | |
| Subject | Economy < Macroeconomics Industry and Technology < General |
| Holding | KDI; KDI School |
| License |  |
Abstract
According to the growth theory, increase in product variety is an indicator of innovation. As technology advances, intermediate goods or consumer products become more diverse which is closely linked to economic growth. Despite its theoretical importance, there has only been a limited number of empirical analysis of product variety. This study attempts to empirically measure consumer product variety in Korea. There have been a number of studies in Korea, albeit few, that analyzed the increase in import and export goods variety in Korea, but fell short of embracing the whole economy as they lacked the representativeness. In measuring product variety, this study takes advantage of the microdata from the Household Income and Expenditure Survey which is the basis for Consumer Price Index (CPI) consumption baskets. Considering the high volumes of imports and exports in the Korean economy, consumer goods are categorized into tradable and non-tradable goods which are then analyzed separately. (The rest omitted)
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