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@article{ART001999991},
author={SangBoong Lee and Joon Han},
title={Income Inequality and Economic Growth: Differences between South Korea and Other Groups of Nations},
journal={Journal of Regional Studies and Development},
issn={1738-3846},
year={2015},
volume={24},
number={1},
pages={283-307}

TY - JOUR
AU - SangBoong Lee
AU - Joon Han
TI - Income Inequality and Economic Growth: Differences between South Korea and Other Groups of Nations
JO - Journal of Regional Studies and Development
PY - 2015
VL - 24
IS - 1
PB - Institute for Poverty Alleviation and International Development: IPAID
SP - 283
EP - 307
SN - 1738-3846
AB - In this study, we investigate the relationship between inequality and economic growth. In particular, we examine (1) factors that have affected income inequality in the market and social arena during the past 30 years and (2) characteristics of South Korea that differentiate it from pro-market nations and pro-society nations. We find that South Korea differs in terms of the relationship between growth and inequality compared with the two nation groups examined. South Korea’s distinct characteristics and its path dependency reveal that it must follow its own path in executing socioeconomic policies. And we find that South Korea is likely to implement a growth-centered agenda and policy to address economic growth and inequality. That is, in market terms, a heavy emphasis on efficiency delivers results on the surface. However, in societal terms, economic inequality increases as a result of increasing labor flexibility, an inefficient social safety net and inflexible social mobility.
KW - income inequality;economic growth;comparative analysis;Korea;nation groups
DO -
UR -
ER -

SangBoong Lee and Joon Han. (2015). Income Inequality and Economic Growth: Differences between South Korea and Other Groups of Nations. Journal of Regional Studies and Development, 24(1), 283-307.

SangBoong Lee and Joon Han. 2015, "Income Inequality and Economic Growth: Differences between South Korea and Other Groups of Nations", Journal of Regional Studies and Development, vol.24, no.1 pp.283-307.

SangBoong Lee, Joon Han "Income Inequality and Economic Growth: Differences between South Korea and Other Groups of Nations" Journal of Regional Studies and Development 24.1 pp.283-307 (2015) : 283.

SangBoong Lee, Joon Han. Income Inequality and Economic Growth: Differences between South Korea and Other Groups of Nations. 2015; 24(1), 283-307.

SangBoong Lee and Joon Han. "Income Inequality and Economic Growth: Differences between South Korea and Other Groups of Nations" Journal of Regional Studies and Development 24, no.1 (2015) : 283-307.

SangBoong Lee; Joon Han. Income Inequality and Economic Growth: Differences between South Korea and Other Groups of Nations. Journal of Regional Studies and Development, 24(1), 283-307.

SangBoong Lee; Joon Han. Income Inequality and Economic Growth: Differences between South Korea and Other Groups of Nations. Journal of Regional Studies and Development. 2015; 24(1) 283-307.

SangBoong Lee, Joon Han. Income Inequality and Economic Growth: Differences between South Korea and Other Groups of Nations. 2015; 24(1), 283-307.

SangBoong Lee and Joon Han. "Income Inequality and Economic Growth: Differences between South Korea and Other Groups of Nations" Journal of Regional Studies and Development 24, no.1 (2015) : 283-307.