The fiscal burden of Korean reunification
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The fiscal burden of Korean reunification a generational accounting approach by Alan J. Auerbach

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Published by National Bureau of Economic Research in Cambridge, MA .
Written in English

Subjects:

Places:

  • Korea.

Subjects:

  • Korean reunification question (1945- ) -- Economic aspects.,
  • Finance, Public -- Korea.

Book details:

Edition Notes

StatementAlan J. Auerbach, Young Jun Chun, Ilho Yoo.
SeriesNBER working paper series ;, working paper 10693, Working paper series (National Bureau of Economic Research : Online) ;, working paper no. 10693.
ContributionsChun, Young Jun, Yoo, Ilho., National Bureau of Economic Research.
Classifications
LC ClassificationsHB1
The Physical Object
FormatElectronic resource
ID Numbers
Open LibraryOL3475843M
LC Control Number2005615274

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The Korean reunification's fiscal impact appears much larger than that of German reunification, due to a wider gap in productivity between the two Koreas and North Korea's much larger share of the unified country's population. The projected large-scale fiscal burden on South Korea is attributable primarily to the rapid increase in social welfare. Downloadable (with restrictions)! This paper uses generational accounting to assess the fiscal impacts of Korean reunification. Our findings suggest that early reunification will result in a large increase in the fiscal burden for most current and future generations of South Koreans. The Korean reunification's fiscal impact appears much larger than that of German reunification, due to a wider. Get this from a library! The fiscal burden of Korean reunification: a generational accounting approach. [Alan J Auerbach; Young Jun Chun; Ilho Yoo; National Bureau of Economic Research.] -- "This paper uses Generational Accounting to assess the fiscal impacts of Korean reunification. Our findings suggest that early reunification will result in a large increase in the fiscal burden for. Reunification • Fiscal burden: Korea (generational imbalance for the base case: %) > Germany (generational imbalance for the base case: %) • Tax adjustment: Korea (% increase) > Germany (% increase) • Difference in the reunification cost = differences in the productivity gap (NK 8% of SK productivity level.

The Fiscal Burden of Korean Reunification: A Generational Accounting Approach Article (PDF Available) in FinanzArchiv Public Finance Analysis 61(1) February with 42 Reads. The Fiscal Burden of Korean Reunification: A Generational Accounting Approach 65 a set of values of Nt¿, one for each existing and future generation, with the property that the combined present value adds up to the right-hand side of equation (1). CiteSeerX - Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): This paper uses Generational Accounting to assess the fiscal impacts of Korean reunification. Our findings suggest that early reunification will result in a large increase in the fiscal burden for most current and future generations of South Koreans. The Korean reunification’s fiscal impact appears much larger than. The fiscal burden of Korean reunification. By Alan J. Auerbach, Young Jun Chun and Yoo Ilho. Get PDF ( KB) Abstract. 노트: The views expressed herein are those of the author(s) and not necessarily those of the National Bureau of Economic Research Topics: Korean reunification.

  Reunification reached as a result of North Korean collapse, internal chaos in the North, or civil war would impose a massive burden on the Korean people as they seek to build a united nation. “The overall magnitude of this added fiscal burden is much larger than that of German reunification, because (i) the productivity gap between South and North Korea is much larger than that between East and West Germany before reunification and (ii) North Korea’s population is much larger, relative to the. Korean Reunification: Selected full-text books and articles The Road to Reunification Begins in Gaeseong By Park, Taejin North Korean Review, Vol. 7, No. .   For years, North and South Korea have shared one ultimate, even sacrosanct, goal: reunification. But at last Friday’s inter-Korea summit, North Korean .