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Goodwin's Growth Cycle Model and Functional Income Distribution in the Information Age of Korea: 1981~2016

정보화 시대 한국의 기능적 소득분배와 Goodwin 성장순환모형: 1981~2016

  • Jeong, Seungpil (Department of Mathematics, Gyeongsang National University) ;
  • Kwon, Oh-Bum (Department of Political Economy, Gyeongsang National University)
  • Received : 2020.06.25
  • Accepted : 2020.08.24
  • Published : 2020.08.31

Abstract

In the 21st century, informatization is playing a huge role in people's lives. Korea is experiencing the tremendous changes in social structure and lifestyle caused by informatization. This paper focuses on economic phenomena rather than discussion on social structure due to informatization. We check whether the Goodwin model, which can comprehensively express economic growth, economic cycle, and income distribution, is suitable for the Korean economy in the information age. This model is simulated by selecting a quantitative economic methodology that estimates coefficients from time series data of the Korean economy. The simulation results confirmed that the Goodwin model is suitable for analyzing functional income distribution in Korea.

21세기 들어 정보화는 국민 제반의 삶에 지대하게 작용하고 있다. 실제 정보화로 인해 일어나는 사회구조와 생활양식의 엄청난 변화를 몸소 체험하고 있다. 본 논문은 정보화로 인한 사회구조에 대한 논의보다 경제현상에 대해 관심을 둔다. 경제성장, 경기순환, 소득분배를 종합적으로 표현 가능한 Goodwin 모형이 정보화시대 한국경제에 적합한지를 확인한다. 한국경제의 시계열자료로부터 계수를 추정하는 계량경제방법론을 택하여 모형을 시뮬레이션한다. 시뮬레이션 결과 Goodwin 모형이 한국의 기능적 소득분배를 분석하는데 적절함을 확인하였다.

Keywords

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