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BooKang Seol
@BooKang_Seol
Econ PhD student @columbia_econ https://t.co/Qh4jxdooEb
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Nov 19, 2022
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6 tweets
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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.