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BooKang Seol Profile picture
BooKang Seol
@BooKang_Seol
Econ PhD student @columbia_econ https://t.co/Qh4jxdooEb
Nov 19, 2022 • 6 tweets • 2 min read
🚨 JMP alert 🚨 #EconTwitter

👉 Fractionalization along dimensions like ethnicity or class can undermine economic performance.

❓How does fractionalization affect social groups’ abilities to respond to economic shocks?

I study this question in the context of 70s Korea. Why study Korea?

1) The unique Korean social context isolates one dimension of fractionalization: the density of family clans that shared the same parental lineage.

2) Korea's structural transformation in the 70s saw a 60% growth in agricultural output per household.