Work detail

The economic development and international trade of North Korea using the factor analysis method

Author: Bc. Ha Eun Kim
Year: 2017 - summer
Leaders: doc. PhDr. Julie Chytilová Ph.D.
Consultants:
Work type: Bachelors
Language: English
Pages: 57
Awards and prizes:
Link: https://is.cuni.cz/webapps/zzp/detail/185596/
Abstract: In this paper, after reviewing the characteristics of North Korean statistics, I examined
how North Korea’s trade affects its growth using empirical analyses. There have been
many studies that have shown trade has affected economic growth, but there have been
few empirical studies on North Korea’s case. Cointegration test, regression analysis,
and factor analysis were used. The empirical results suggest that even considering
economic fluctuations, North Korea’s trade has not shown a significant impact on
growth.
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