한국의 기능적 소득분배의 변화가 총수요에 미치는 영향

• 영문명: The Effects of Change in Functional Income Distribution on Aggregate Demand in Korea
• 발행기관: 한국무역연구원
• 저자명: 전수민(Su-Min Jeon) 이기성(Ki-Seong Lee)
• 간행물 정보: 『무역연구』제17권 제4호, 295~310쪽, 전체 16쪽
• 주제분류: 경제경영 > 무역학
• 파일형태: PDF
• 발행일자: 2021.08.30

영문 초록

Purpose - This study reviewed the demand system of the Korean economy through the impact of changes in Korea’s functional income distribution on consumption, investment, and net exports. Design/Methodology/Approach - Although most domestic research studies have identified wage-led demand systems, some research results of profit-led demand systems have also been presented. In particular, the labor income share has been on the decline since the financial crisis. Considering the situation that has turned upward since 2010, we wanted to examine the impact of changes in income distribution on aggregate demand at this time. Findings - The Korean economy is still considered to be a wage-led demand system, but it has weakened somewhat in terms of intensity. In terms of the components of aggregate demand, the consumption effect was somewhat weakened compared to the preceding study, while the investment effect was significant compared to consumption, and the net export effect was still not found to be statistically significant after the financial crisis. Research Implications - Therefore, as improving income distribution contributes to stabilizing domestic demand, the government needs to make policy efforts to break away from low-growth trends through various distribution policies such as tax cuts and subsidies to households and businesses, including self-employed.

목차

Ⅰ. 서론

Ⅱ. 노동소득분배율의 측정 및 추이

Ⅲ. 분석모형과 자료

Ⅳ. 기능적 소득분배의 변화가 총수요에 미치는 영향

Ⅴ. 결론

References

키워드

Aggregate Demand Consumption Functional Income Distribution Investment Labor Income Share Net Export