The Impact of FTAs on Firm Productivity and Employment: Evidence from Korea

• 영문명: The Impact of FTAs on Firm Productivity and Employment: Evidence from Korea
• 발행기관: 국제지역학회
• 저자명: Yong Joon Jang Mee Jin Cho Han Sung Kim
• 간행물 정보: 『국제지역학회 학술대회자료집』2014년 춘계학술발표논문집, 117~139쪽, 전체 23쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2014.03.31

영문 초록

This paper empirically examines the impact of free trade agreements (FTAs) in Korea on firm productivity and employment at home. Based on the previous analysis showing that trade liberalization can affect firm-level performance through several channels, we focus on the expansion of export as the major channel. Using the firm-level export data with 5,981 firms over the period 2001-2009, we find that 1) overall, there is the positive relationship between exports and total factor productivity (TFP) and the number of employments, and 2) FTAs in Korea have positive impact on them at home through the expansion of exports. In addition, these positive effects are more prominent after the entry into force, implying that there are time-varying effects of FTAs on TFP and employments.

키워드

free trade agreement FTA firm heterogeneity total factor productivity TFP JEL Classification: F14, F15, F61