Chapter

 Income Distribution, Consumption, and Saving

Young‐Iob Chung

in Korea under Siege, 1876-1945

Published in print March 2006 | ISBN: 9780195178302
Published online September 2006 | e-ISBN: 9780199783557 | DOI: http://dx.doi.org/10.1093/0195178300.003.0009
  Income Distribution, Consumption, and Saving

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This chapter assesses the impact of capital formation and economic development under Japanese rule on income distribution, consumption (standard of living), and savings in Korea, focusing those of Koreans and Japanese in Korea. This allows the evaluation of the ultimate beneficiaries of economic growth and transformation in the country relative to various economic sectors (e.g., industry and agriculture), income groups (e.g., landlords, farmers, businesses, and wage earners), and different nationalities (i.e., Koreans and Japanese). Similar analyses have been performed relative to personal consumption and savings, as well as business savings based on economic/income sectors/groups and nationality.

Keywords: income distribution; landlords; working farmers; business incomes; wage earners; personal consumption; savings

Chapter.  16044 words. 

Subjects: Business and Management

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