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ID170134
Title ProperServices Global Value Chain in Korea
LanguageENG
AuthorHur, Jung
Summary / Abstract (Note)This paper examines the services global value chain activities in Korea using the TiVA (Trade in Value-Added) database and firm-level data. The results indicate that Korea's services sector has been expanding gradually, with its value-added share increasing from nearly 50 per cent during the 1990s to 60 per cent in the 2010s. Another major finding is the noticeable rise in the employment share of the services sector over the last few years. Furthermore, firm-level analysis shows that Korean firms with service affiliates in foreign countries perform much better in terms of productivity and employment as compared to those without such affiliates.
`In' analytical NoteJournal of Southeast Asian Economies (ASEAN Economic Bulletin Change the Name ) vol. 36, No.3; Dec 2019: p.424-445
Journal SourceJournal of Southeast Asian Economies (ASEAN Economic Bulletin Change the Name ) 2019-12 36, 3
Key WordsKorea ;  Services Global Value Chain