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Article
Open AccessCorrection: Impacts of demand and supply-side interventions on South Korea’s housing markets: a dynamic housing-CGE analysis
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Article
Open AccessImpacts of demand and supply-side interventions on South Korea’s housing markets: a dynamic housing-CGE analysis
This paper examines the impacts of housing market policies in Korea by develo** a dynamic computable general equilibrium model integrating regional housing markets and multiregional mobility. We compare simu...
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Article
Air Pollution and Housing Values in Korea: A Hedonic Analysis with Long-range Transboundary Pollution as an Instrument
We estimate the degree and scope of PM2.5-induced negative price shock in Korea’s local housing markets, taking a two-stage hedonic approach. For the analysis, Korea’s local PM2.5 levels are treated as endogenous...
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Article
Impacts of air pollution on urban housing prices in China
In this study, we examine pollution effects on urban housing prices in China, using a fixed effects 2SLS model on a 13-year (2005–2017) panel dataset of 237 prefecture-level cities. We find that urban housing ...
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Article
Growth effects of fiscal decentralization with weak economic motivation: the case of South Korea
In this study, we apply an extended Granger causality test to examine whether fiscal decentralization in South Korea creates pro-growth effects. Our results show that the pro-growth effects in South Korea are ...
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Article
Air pollution in East Asia and its regional and socioeconomic impacts: an introduction
This article offers an introduction to the special issue of the Annals of Regional Science, titled “Impacts of Air Pollution on Regional Economies in East Asia: Methodology and Empirical Evidence.” Pollution impa...
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Article
Health effects of ozone and particulate matter pollution in China: a province-level CGE analysis
In this study, we estimate the cost of PM2.5 and O3 pollution in China and explore how it differs by province. For the analysis, we extend the China Regional Energy Model—a computable general equilibrium model of...
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Article
Is spatial distribution of China’s population excessively unequal? A cross-country comparison
This study explores whether China’s population distribution is excessively biased toward large cities or coastal regions. The test is based on a fixed effects model estimated from a 5-year panel dataset for 10...
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Article
One country, two “urban” systems: focusing on bimodality in China’s city-size distribution
In this study, we demonstrate the existence of bimodality in China’s city-size distribution and develop an urban-growth forecast model that incorporates this bimodality. Main data for our analysis are ...
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Chapter
Need for Coordination between Greenhouse Gas and Pollution Abatement Regulations: China’s Case and Its Implications for Korea
In this chapter, I briefly introduce my previous research on the carbon co-benefits of pollution abatement in China and then discuss what key lessons Korea can learn from it. A main finding is that strong cro...
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Article
Imperfect information and labor market bias against small and medium-sized enterprises: a Korean case
We examine the labor market’s bias against small and medium-sized enterprises focusing on the Seoul Digital Industrial Complex case. We adopt Heckman’s approach to control selection bias, and use primary data ...
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Article
Valuing climate impacts in integrated assessment models: the MIT IGSM
We discuss a strategy for investigating the impacts of climate change on Earth’s physical, biological and human resources and links to their socio-economic consequences. As examples, we consider effects on agr...
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Article
Toward integrated assessment of environmental change: air pollution health effects in the USA
We demonstrate a method for integrating environmental effects into a computable general equilibrium model. This is a critical step forward toward the development of improved integrated assessment models of env...
