Myung Soo
Biographic Data
| ID | 5805002 |
|---|---|
| NAME | Myung Soo |
| GIVEN NAMES | Myung |
| FAMILY NAME | Soo |
| SIGNATURE | SOO M |
| AFFILIATIONS | Yeungnam University |
| VERIFIED | No |
| TOTAL WORKS | 8 |
| TOTAL CITATIONS | 20 |
| WORKS AS AUTHOR | 8 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1998 |
| LATEST PUBLICATION YEAR | 2015 |
| H-INDEX | 3 |
Unskilled wage gaps within the Japanese Empire
This study calculates the cost of subsistence and respectability consumption baskets to derive 'welfare ratios' for 11 cities in the Japanese Empire as defined by Allen and his colleagues. Nominal wages tended to be higher where higher prices prevailed, and vice versa. Prices and nominal wages remained highest in Japan and lowest in Manchuria, with Korea and Taiwan being placed in between. Welfare ratios remained roughly comparable in the 1910s i…
Korea's first industrial revolution, 1911–1940
Productivity Trend in Korea from the Seventeenth to Nineteenth Century
An abstract is not available for this content so a preview has been provided. Please use the Get access link above for information on how to access this content
Facts and myths about Korea’s economic past
The orthodoxy in South and North Korean historiography states that Japan’s annexation of Korea in 1910 wrought havoc on indigenous economic development and started an era of exploitation lasting until 1945. Recent studies show the claim to be based less upon facts than upon Marxist dogma and nationalist sentiment. During the nineteenth century, Korea was not on the verge of modern economic growth, but in demographic and economic decline. Living s…
Anglo-American Cyclical Interaction under the Classical Gold Standard
Une approche économétrique identifie les chocs et le mécanisme de propagation dans l’interaction cyclique entre Grande-Bretagne et Etats-Unis durant la période classique de l’étalon-or. Une analyse d’auto-régression vectorielle utilisant des données trimestrielles montre qu’un modèle à deux pays fondé sur une hypothèse de rigidité des salaires constitue une représentation valable de la propagation transatlantique. La demande se révèle un facteur …
Did Takahashi Korekiyo Rescue Japan from the Great Depression
Takahashi Korekiyo is remembered as a wise finance minister saving Japan from the Great Depression. The contribution of his policy measures however remains to be rigorously measured, with proper control of other forces also driving the recovery. Structural vector autoregression analysis of previously unexploited monthly data confirms the pivotal role of Takahashi's debt-financed fiscal expansion. Monetizing the public debts, the Bank of Japan mai…
The colonial origins of Korea’s market economy
Rudimentary markets ‘embedded’ in social relations have long existed in Korea, but it has been only during the last 100 years that markets came to the fore to encompass social relations. How did this ‘great transformation’ come about?1 This paper argues that South Korea’s contemporary market economy has its origin in the colonial period (1910-45). Not only did goods and labour markets become integrated in this period, but also a repressed and dua…
Imperial Policy or World Price Shocks? Explaining Interwar Korean Consumption Trend
Japan vigorously enforced wide-ranging developmental policies in colonial Korea, including a “green revolution” and an industrialization drive. Why did then colonial per capita food availability decline? Simulations using a dynamic general equilibrium model indicate that tax raises, which financed expanding public investment, did not lower, but raised consumption levels over time by accelerating accumulation. Food consumption fell because these p…
Korea's first industrial revolution, 1911–1940
Unskilled wage gaps within the Japanese Empire
This study calculates the cost of subsistence and respectability consumption baskets to derive 'welfare ratios' for 11 cities in the Japanese Empire as defined by Allen and his colleagues. Nominal wages tended to be higher where higher prices prevailed, and vice versa. Prices and nominal wages remained highest in Japan and lowest in Manchuria, with Korea and Taiwan being placed in between. Welfare ratios remained roughly comparable in the 1910s i…
Did Takahashi Korekiyo Rescue Japan from the Great Depression
Takahashi Korekiyo is remembered as a wise finance minister saving Japan from the Great Depression. The contribution of his policy measures however remains to be rigorously measured, with proper control of other forces also driving the recovery. Structural vector autoregression analysis of previously unexploited monthly data confirms the pivotal role of Takahashi's debt-financed fiscal expansion. Monetizing the public debts, the Bank of Japan mai…
Imperial Policy or World Price Shocks? Explaining Interwar Korean Consumption Trend
Japan vigorously enforced wide-ranging developmental policies in colonial Korea, including a “green revolution” and an industrialization drive. Why did then colonial per capita food availability decline? Simulations using a dynamic general equilibrium model indicate that tax raises, which financed expanding public investment, did not lower, but raised consumption levels over time by accelerating accumulation. Food consumption fell because these p…
Imperial Policy or World Price Shocks? Explaining Interwar Korean Consumption Trend
Japan vigorously enforced wide-ranging developmental policies in colonial Korea, including a “green revolution” and an industrialization drive. Why did then colonial per capita food availability decline? Simulations using a dynamic general equilibrium model indicate that tax raises, which financed expanding public investment, did not lower, but raised consumption levels over time by accelerating accumulation. Food consumption fell because these p…
The colonial origins of Korea’s market economy
Rudimentary markets ‘embedded’ in social relations have long existed in Korea, but it has been only during the last 100 years that markets came to the fore to encompass social relations. How did this ‘great transformation’ come about?1 This paper argues that South Korea’s contemporary market economy has its origin in the colonial period (1910-45). Not only did goods and labour markets become integrated in this period, but also a repressed and dua…
Anglo-American Cyclical Interaction under the Classical Gold Standard
Une approche économétrique identifie les chocs et le mécanisme de propagation dans l’interaction cyclique entre Grande-Bretagne et Etats-Unis durant la période classique de l’étalon-or. Une analyse d’auto-régression vectorielle utilisant des données trimestrielles montre qu’un modèle à deux pays fondé sur une hypothèse de rigidité des salaires constitue une représentation valable de la propagation transatlantique. La demande se révèle un facteur …
Did Takahashi Korekiyo Rescue Japan from the Great Depression
Takahashi Korekiyo is remembered as a wise finance minister saving Japan from the Great Depression. The contribution of his policy measures however remains to be rigorously measured, with proper control of other forces also driving the recovery. Structural vector autoregression analysis of previously unexploited monthly data confirms the pivotal role of Takahashi's debt-financed fiscal expansion. Monetizing the public debts, the Bank of Japan mai…
Facts and myths about Korea’s economic past
The orthodoxy in South and North Korean historiography states that Japan’s annexation of Korea in 1910 wrought havoc on indigenous economic development and started an era of exploitation lasting until 1945. Recent studies show the claim to be based less upon facts than upon Marxist dogma and nationalist sentiment. During the nineteenth century, Korea was not on the verge of modern economic growth, but in demographic and economic decline. Living s…
Productivity Trend in Korea from the Seventeenth to Nineteenth Century
An abstract is not available for this content so a preview has been provided. Please use the Get access link above for information on how to access this content
Korea's first industrial revolution, 1911–1940
Unskilled wage gaps within the Japanese Empire
This study calculates the cost of subsistence and respectability consumption baskets to derive 'welfare ratios' for 11 cities in the Japanese Empire as defined by Allen and his colleagues. Nominal wages tended to be higher where higher prices prevailed, and vice versa. Prices and nominal wages remained highest in Japan and lowest in Manchuria, with Korea and Taiwan being placed in between. Welfare ratios remained roughly comparable in the 1910s i…
Economics (7 works) · Political science (6 works) · Colonialism (3 works) · Economic history (3 works) · Economy (3 works) · Geography (3 works) · Historical Economic and Social Studies (3 works) · History (3 works) · Japanese History and Culture (3 works) · Macroeconomics (3 works)