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• W3204845400 abstract "Abstract Before the 1960s, North Korea's GDP per capita was 30%–50% higher than South Korea's due to industrialisation during the 1930s. However, the governments of the two Koreas pursued different goals in the 1960s, which resulted in a reversal. The South Korean government made economic growth its ultimate goal. They did this by self‐implementing, adjusting and instituting an export‐oriented development strategy. On the other hand, the North Korean government tried to maximise its ability to survive by sacrificing gains from economies of scale. These differences brought about remarkable differences in economic performance. The gap between the two economies has continued to grow since the income level reversal in the 1970s." @default.
• W3204845400 created "2021-10-11" @default.
• W3204845400 creator A5024131352 @default.
• W3204845400 date "2021-09-28" @default.
• W3204845400 modified "2023-10-16" @default.
• W3204845400 title "The great divergence on the Korean peninsula (1910–2020)" @default.
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• W3204845400 doi "https://doi.org/10.1111/aehr.12225" @default.
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