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Korea under Siege, 1876-1945Capital Formation and Economic Transformation$
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Young-Iob Chung

Print publication date: 2006

Print ISBN-13: 9780195178302

Published to Oxford Scholarship Online: September 2006

DOI: 10.1093/0195178300.001.0001

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 Income Distribution, Consumption, and Saving

 Income Distribution, Consumption, and Saving

Chapter:
(p.271) 9 Income Distribution, Consumption, and Saving
Source:
Korea under Siege, 1876-1945
Author(s):

Young‐Iob Chung (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/0195178300.003.0009

This chapter assesses the impact of capital formation and economic development under Japanese rule on income distribution, consumption (standard of living), and savings in Korea, focusing those of Koreans and Japanese in Korea. This allows the evaluation of the ultimate beneficiaries of economic growth and transformation in the country relative to various economic sectors (e.g., industry and agriculture), income groups (e.g., landlords, farmers, businesses, and wage earners), and different nationalities (i.e., Koreans and Japanese). Similar analyses have been performed relative to personal consumption and savings, as well as business savings based on economic/income sectors/groups and nationality.

Keywords:   income distribution, landlords, working farmers, business incomes, wage earners, personal consumption, savings

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