Research Article
Uncertainty of the Imported Products and Its Effect on the Income Distribution of Importer
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1 School of International Business, Xiamen University Tan Kah Kee College* Corresponding Author
International Journal of Business Studies and Innovation, 1(1), September 2021, 75-83, https://doi.org/10.35745/ijbsi2021v01.01.0009
Submitted: 24 March 2021, Published: 30 September 2021
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ABSTRACT
This paper aims to test the uncertainty of the imported products and its effect on the income distribution of importers. This research firstly shows Korea as the risk preference. We show that the relationship between capital and labor has been evolved from when there is no uncertainty to when there is uncertainty, while the relationship between import and capital is complementary. This result proves that the lower uncertainty of imported products hampers the capital of the importing country while it benefits the labor market.
CITATION (APA)
Chen, S. (2021). Uncertainty of the Imported Products and Its Effect on the Income Distribution of Importer. International Journal of Business Studies and Innovation, 1(1), 75-83. https://doi.org/10.35745/ijbsi2021v01.01.0009
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