Series: IMF Working Papers
Author(s): Michael Funke , and Holger Strulik
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 26 February 2002
Keywords: Korean Unification, Regional Convergence, Economic Growt, tax revenues, tax income, capital stock, post-tax income, fiscal policy
The paper discusses the impact and implications of Korean unification by setting up a two-region endogenous growth model. The numerical solutions are based on the formal analytical model, and have been calibrated s...