Innwon Park is currently a Professor Emeritus in the Division of International Studies and Graduate School of International Studies at Korea University. He received his B.A. and M.A. in Economics from Korea University, Korea and his Ph.D. in Economics from the University of Pennsylvania, U.S.A. He has published books and journal papers on international trade issues and regional economic cooperation in East Asia.

Ph.D. The University of Pennsylvania, U.S.A., 1989-1993 (Economics)

M.A. Korea University, Korea, 1982-1984 (Economics)

B.A. Korea University, Korea, 1978-1982 (Economics)

TEACHING INTERESTS

International Economics, Economic Development, East Asian Economy

RESEARCH INTERESTS

Trade, Investment, and Regional Economic Cooperation (Best Practices for APEC, East Asia, Northeast Asia, and ASEAN)

PROFESSIONAL EXPERIENCE (After Ph.D. in Economics)

Professor Emeritus, College of International Studies, Korea University, March 2025 to present.

Nonresident Research Fellow, Korea Economic Research Institute, Seoul, Korea, February 2025 to present

External Research Fellow, Nottingham Centre for Research on Globalisation and Economic Policy (GEP), The University of Nottingham, UK, May 2009 to present

Member of the Editorial Advisory Board, The World Economy, January 2022 to present

Professor, Division of International Studies, Korea University, Seoul, Korea, September 2004 to February 2025

Adjunct Professor, Graduate School of International Studies, Korea University, Seoul, Korea, September 2003 to February 2025

Associate Professor, Division of International Studies, Korea University, Seoul, Korea, September 2003 to August 2004

Associate Professor, Graduate School of International Studies, Korea University, Seoul, Korea, September 1999 to August 2003

Assistant Professor, Graduate School of International Studies, Korea University, Seoul, Korea, September 1998 to August 1999

Assistant Professor, The Department of Economics, Faculty of Arts and Social Sciences, The National University of Singapore, Singapore, September 1993 to September 1998

Visiting Researcher, The International Centre for the Study of East Asian Development (ICSEAD), Kitakyushu, Japan, January 2007   to February 2007

Visiting Professor, Graduate School of International Cooperation Studies, Kobe University, Kobe, Japan, December 2005 to March 2006

Visiting Scholar, Korea Institute for International Economic Policy (KIEP), Seoul, Korea, September 2005 to December 2005

Visiting Professor, Department of Economics, The University of British Columbia, Canada, August 2001 to February 2003

Visiting Scholar, Economic Research Unit, Department of Economics, The University of Pennsylvania, Philadelphia, PA 19104, U.S.A., September 1996 to December 1996

Director, Center for East Asian Studies, Global Research Institute, Korea University, September 2007 to February 2025.

Director, Nordic-Benelux Center, Korea University, August 2016 to May 2017

Dean, Division of International Studies and Graduate School of International Studies, Korea University, February 2010 to February 2011

Senator, The Senate of Korea University, April 2009 to January 2010 and May 2016 to August 2016.

Director, Global Research Institute, Korea University, March 2008 to February 2011

Member, Academic Advisory Committee, International Summer Campus, Korea University, October 2003 to February 2011

Vice President for International Affairs, Korea University, Seoul, Korea, November 2007 to January 2008

Vice President for Development and External Affairs, Korea University, Seoul, Korea, March 2007 to January 2008

Dean, Division of International Studies, Korea University, Seoul, Korea, 18 July 2006 to March 2007

Associate Dean, Graduate School of International Studies, Korea University, Seoul, Korea, February 2003 to September 2003

Director, Korea University-University of British Columbia Joint Academic Program, September 2000 to February 2003

Member, Budgetary Performance Evaluation Committee, Ministry of Strategy and Finance, Republic of Korea, June 2012 to May 2014

Member, National Economic Advisory Council, Republic of Korea, November 2011 to December 2012

Member, International Finance Division of Financial Development Committee, Ministry of Finance and Economy, Republic of Korea, March 2000 to March 2001

Vice President, The Korean Association of Trade and Industrial Studies, January 2018 to December 2019

Vice President, Korean Association of SouthEast Asian Studies, May 2011 to February 2013

Member, Consulting Committee for Management, Korea Banking Institute, December 2009 to March 2012

President, Korea Association of Foreign Student Administrators (KAFSA), March 2007 to August 2007

Deputy Director, Centre for the Study of Transitional Economies (CSTE), Department of Economics, The National University of Singapore, Singapore, April 1997 to August 1998

Associate Fellow, The Institute of Southeast Asian Studies (ISEAS), Singapore, January 1997 to August 1998

Editor, Kukje Kyungje Yongu (Studies on International Economy), Korea International Economic Association, May 2014 to January 2015

Editor, Journal of International Trade and Industry Studies, The Korea Association of Trade and Industry Studies, January 2009 to December 2010

Editor, Korea Review of International Studies, Global Research Institute, March 2008 to February 2010

Member of the Editorial Board, Kukje Kyungje Yongu (Studies on International Economy), Korea International Economic Association, October 2005 to April 2014

Member of the Editorial Board, Journal of International Trade and Industry Studies, The Korea Association of Trade and Industry Studies, January 2011 to February 2014

Member of the Editorial Board, East Asian Economic Review, Korea Institute for International Economic Policy (KIEP), December 2007 to March 2017

Member of the Editorial Board, Korea Review of International Studies, Graduate School of International Studies at Korea University, September 1998 to February 2011

REFEREED JOURNAL PAPERS

1. "Foreign Direct Investment Restrictions in Services and the Comparative Advantage of Manufacturing," (with Soonchan Park), Open Economies Review, forthcoming.

2. “The spillover effect of global uncertainty through input–output linkage,” (with Soonchan Park), The World Economy, Vol 48, Issue 2, February 2025, pp. 373-401.

3. “Estimating the Extensive Margin of Exports in the Chinese Market: The Impact of Digital Trade Facilitation on Export Diversification,” (with Wanting Ouyang), International Area Studies Review, Vol. 27, No. 2, June 2024, pp. 95-121.

4. “Firm Size-Specific Trade Effects of Regional Trade Agreements: Estimating Extensive and Intensive Margins of Trade,” (with Soonchan Park), Asian Economic Journal, Vol 37, Issue 1, March 2023, pp. 82-112. 

5. “Korea's trade policy and performance in turbulent times,” (with Moonsung Kang), The World Economy, Vol 45, Issue 11, November 2022, pp. 3384–3397.

6. “Estimating the Impact of Cumulative Rules of Origin on Trade Costs: An Application to Mega-regional Free Trade Agreements in the Asia-Pacific Region,” (with Chul Chung and Soonchan Park), Asian Economic Papers, Vol. 21, Issue 1, Winter/Spring 2022, pp. 92-109.

7. “An ex-post analysis of trade effects of the ASEAN–Korea Free Trade Area (AKFTA) from Korea’s Perspective,” (with Ga Eun Lee), International Area Studies Review, Vol. 24, Issue 4, December 2021, pp. 292-313.
8. “The Value-added Creation Effect of Industry Position in Global Value Chains: Implications for Asia-Pacific Economies,” (with Soonchan Park), Asian-Pacific Economic Literature, Vol. 32, Issue 2, November 2021, pp. 95-122.
9. “Socio-Political Determinants of Interdependent Regional Trade Agreements: An Empirical Application,” (with Soonchan Park), Singapore Economic Review, Vol. 66, Issue 3, June 2021, pp. 721-742.
10. “Regional Trade Agreements in East Asia: Past and Future,” Development Policy Review, Vol. 38, Issue 2, March 2020, pp. 206–225.
11. “Korea’s growth-driven trade policies: Inclusive or exclusive?” (with Moonsung Kang and Dong-Eun Rhee), The World Economy, Vol. 40, Issue 11, November 2017, pp. 2475–2490.
12. “Formation of Interdependent Regional Trade Agreements and Production Networks,” (with Soonchan Park), The World Economy, Vol. 40, Issue 10, October 2017, pp. 2032-2055.
13. “Trade Facilitation Provisions in Regional Trade Agreements: Discriminatory or Non-discriminatory?” (with Soonchan Park), East Asian Economic Review, Vol. 20, No. 4, December 2016, pp. 447-467.
14. “Dutch Disease in the Lao Economy: Diagnosis and Treatment,” (with Sthabandith Insisienmay and Vanthana Nolintha), International Area Studies Review, Vol. 18, Number 4, December 2015, pp. 403-423.
15. “Modes of Foreign Direct Investment and Patterns of Trade: An Alternative Empirical Approach,” (with Soonchan Park), The World Economy, Vol. 38, Issue 8, August 2015, pp. 1225-1245.
16. “ASEAN’s Free Trade Agreements with China, Japan and Korea: A Qualitative and Quantitative Analysis,” (with Gemma Esther B. Estrada, Donghyun Park, and Soonchan Park), The Southeast Asian Review, Vol. 24, Issue 2, May 2014, pp. 1-33.
17. “Trade-creating Regime-wide Rules of Origin: A Quantitative Analysis,” (with Sangkyom Kim and Soonchan Park), Applied Economics Letters, Vol. 20, Issue 11, May 2013, pp. 1056-1061.
18. “A Free Trade Area of the Asia Pacific (FTAAP): Is It Desirable?”, (with Sangkyom Kim and Soonchan Park), Journal of East Asian Economic Integration, Vol. 17, No. 1, March 2013, pp. 3-25.
19. “China’s Free Trade Agreements with ASEAN, Japan and Korea: A Comparative Analysis,” (with Gemma Esther B. Estrada, Donghyun Park, and Soonchan Park), China & World Economy, Vol. 20, No. 4, July-August 2012, pp. 108-126.
20. “The Prospects of ASEAN-Korea Free Trade Area (AKFTA): A Qualitative and Quantitative Analysis" (with Donghyun Park and Gemma Esther B. Estrada), ASEAN Economic Bulletin, Vol. 29, No.1, April 2012, pp. 29-45.
21. “Is AFTA a Desirable Regional Trade Agreement for ASEAN?” International Area Studies Review, Vol. 14, No. 4, December 2011, pp. 49-72.
22. “Best Practices for Regional Trade Agreements,” (with Soonchan Park), Review of World Economics (Weltwirtschaftliches Archiv), Vol. 147, No. 2, June 2011, pp. 249-268.
23. “Regional Liberalization of Trade in Services” (with Soonchan Park), The World Economy, Vol. 34, Issue 5, May 2011, pp. 725-740.
24. “Prospects of ASEAN-China Free Trade Area (ACFTA): A Qualitative and Quantitative Analysis,” (with Donghyun Park and Gemma Esther B. Estrada), China & World Economy, Vol. 17, No. 4, July-August 2009, pp. 104-120.
25. “Regional Trade Agreements in East Asia: Will They Be Sustainable?” Asian Economic Journal, Vol. 23, No. 2, June 2009, pp. 169-194.
26. “Free Trade Agreements versus Customs Unions: An Examination of East Asia,” (with Soonchan Park), Asian Economic Papers, Vol. 8, No. 2, Spring 2009, pp. 119-139.
27. “Reform-Creating Regional Trade Agreements and Foreign Direct Investment: Applications for East Asia,” (with Soonchan Park), Pacific Economic Review, Vol. 13, No. 5, December 2008, pp. 550-566.
28. “Proliferating Regional Trade Arrangements: Why and Whither?” (with Jong-Wha Lee and Kwanho Shin), The World Economy, Vol. 31, Issue 12, December 2008, pp. 1525-1557.
29. “In Search of Optimized Regional Trade Agreements and Applications to East Asia,” (with Hongshik Lee), The World Economy, Vol. 30, Issue 5, May 2007, pp. 783-806.
30. “East Asian Regional Trade Agreements: Do They Promote Global Free Trade?” Pacific Economic Review, Vol. 11. No. 4, December 2006, pp. 547-568.
31. “A CGE Analysis on Enhanced Trade Facilitation in A Northeast Asian Free Trade Agreement,” (with Sangkyom Kim), Journal of International Cooperation Studies, Vol. 14, No. 1, July 2006, pp. 33-53.
32. “The Economic Effect of FTAs in East Asia on Korean IT industry (in Korean)” (with Choong-Lyul Lee), Journal of International Trade and Industry Studies, Vol. 10, No. 3, December 2005, pp. 39-66.
33. “Trade Facilitation and A Northeast Asian Free Trade Arrangement,” (with Sangkyom Kim), International Area Review, Vol. 8, No. 1, Spring 2005, pp.45-63.
34. “Free Trade Areas in East Asia: Discriminatory or Nondiscriminatory?” (with Jong-Wha Lee), The World Economy, Vol. 28, Issue 1, January 2005, pp. 21-48.
35. “Economic Impact of Regional Trade Arrangements and Its Implications for East Asian Regionalism (in Korean),” (with Kwanho Shin and Jong-Wha Lee), Journal of Korean Economic Analysis, Vol. 10, No. 1, April 2004, pp. 177-227.
36. “A CGE Analysis of a Korea-China-Japan Free Trade Area,” Economic Papers, Vol. 6, No. 2, December 2003, pp. 151-186 and Quarterly Economic Analysis (in Korean), Vol. 9, No. 1, March 2003, pp. 145-182.
37. “East Asian Free Trade Area: A Policy Option for the East Asian Economic Cooperation,” Korea Review of International Studies, Vol. 5, No. 1, December 2002, pp.93-114.
38. “A CGE Analysis of the East Asian Economic Integration (in Korean),” Kukje Kyungje Yongu, Vol. 7, No. 2, August 2001, pp. 31-55.
39. “Trade Liberalization and Long-run Economic Growth-A CGE Model Analysis of AFTA,” Korea Review of International Studies, Vol. 3, No.1, December 2000, pp. 107-130.
40. “Strategic Interests of ASEAN-5 in Regional Trading Arrangements in the Asia-Pacific” (with Kong-Yam Tan and Mun-Heng Toh), The Asia-Pacific Journal of Management, Vol. 16, No. 3, December 1999, pp. 449-467.
41. “Commercial Policy Strategies of Korea in the Southeast Asian Region after the East Asian Financial Crisis (in Korean)” (with Choong-Lyul Lee), Journal of International Trade and Industry Studies, Vol. 4, No. 1, June 1999, pp. 209-234.
42. “A CGE Approach to Modeling the Development Ladder” (with F. Gerard Adams), Journal of Asian Economics, Vol. 6, No. 2, Summer 1995, pp. 177-199.
43. “Measuring the Impact of AFTA: An Application of A Linked CGE System,” (with F. Gerard Adams), The Journal of Policy Modeling, Vol. 17, No. 4, August 1995, pp. 325-365. (Republishing chapter 5 in Regional Integration among the ASEAN Nations: A CGE Model Study, Praeger Publications, Greenwood Publishing Group, Inc., Westport, U.S.A. 1995)
44. “Public Finance and Income Redistribution (in Korean)” (with Sang-Dal Shim), The Korean Journal of Public Finance, Vol. 3, Korea, March 1989, pp. 95-118.

RESEARCH REPORTS AND BOOKS

1. “Comparison of the Regional Comprehensive Economic Partnership (RCEP) and Other Free Trade Agreements,” ERIA Discussion Paper Series No. 439, Economic Research Institute for ASEAN and East Asia (ERIA), August 2022.

2. Trade Cost in Services in the Era of Digitalization: Empirical Evidence and Policy Implications (in Korean), (with Sangkyom Kim, Soon Chan Park, and Soo Hyun Oh), Policy Analyses 18-01, Korea Institute for International Economic Policy, December 31, 2018.

3. The Impact of Cumulative Rules of Origin on Trade Costs: Estimates from FTAs, Economic Effects and Policy Implications (in Korean), (with Chul Chung, Soon Chan Park, Min-Sung Kim, Soyoung Kwak, and Minchirl Chung), Policy Analyses 17-12, Korea Institute for International Economic Policy, November 30, 2017.
4. Production Networks and Economic Cooperation in the Asia Pacific Region (in Korean), (with Chul Chung, Soonchan Park, and Kyungsoo Lim), Policy Analyses 13-12, Korea Institute for International Economic Policy, December 30, 2013.
5. APEC Economic Integration and Rules of Origin: Economic Impacts and Policy Implications (in Korean), (with Sangkyom Kim, Soonchan Park, and Kyungsoo Lim), Policy Analyses 11-16, Korea Institute for International Economic Policy, December 30, 2011.
6. APEC’s Progress towards the Bogor Goals: Challenges and Prospects for Regional Economic Integration (in Korean), (with Sangkyom Kim, Soonchan Park, and Kyungsoo Lim), Policy Analyses 10-05, Korea Institute for International Economic Policy, December 30, 2010.
7. Economic Impact of an FTAAP: Implication and Significance for Korean Economy (in Korean), (with Sangkyom Kim and Soonchan Park), Policy Analyses 09-07, Korea Institute for International Economic Policy, December 30, 2009.
8. Trade Facilitation in APEC: Economic Impacts and Policy Options (in Korean), (with Sangkyom Kim, Sung-Hoon Park and Soonchan Park), Policy Analyses 06-05, Korea Institute for International Economic Policy, December 29, 2006.
9. How to Achieve Bogor Goals: Action Plans and Economic Impacts (in Korean), (with Sangkyom Kim, Sung-Hoon Park and Soonchan Park), Policy Analyses I 05-10, Korea Institute for International Economic Policy, December 30, 2005.
10. ASEAN’s Economic Integration: Recent Development and Policy Implications (in Korean), (with Yul Kwon and Inkyo Cheong), Policy Analyses I 03-08, Korea Institute for International Economic Policy, December 2003.
11. The Benefits of Trade Facilitation in APEC (in Korean), (with Sangkyom Kim), Policy Analyses I 01-05, Korea Institute for International Economic Policy, December 30, 2001.
12. Information and Telecommunication Technology in the New Economy (in Korean), Editor, Telecommunication Economy Series 2001-S-001, Management Research Lab of Korea Telecom, March 2001.
13. Study on the Medium and Long Term Cooperation Strategy for Telecommunications Sector in North-East Asia (in Korean) (with 7 other co-authors), Korea Information Society Development Institute, February 2000.
14. Regional Integration among the ASEAN Nations: A CGE Model Study, Praeger Publications, Greenwood Publishing Group, Inc., Westport, U.S.A. 1995.

CHAPTERS IN BOOKS

1. “Comparison of the Regional Comprehensive Economic Partnership and Other Free Trade Agreements,” Chapter 3 in Regional Comprehensive Economic Partnership: Implications, Challenges, and Future Growth of East Asia and ASEAN, edited by Fukunari Kimura, Shandre Thangavelu, and Dionisius Narjoko, Economic Research Institute for ASEAN and East Asia (ERIA) and Ministry of Commerce Cambodia, March 2022, pp. 45-82.

2. "East Asian Economic Integration and ASEAN," Chapter 3 in Strategy for East Asian Integration (III): Deepening and Enlargement of Regional Cooperation and New Challenges, edited by Hongtack Chun and Myung-Ho Park, Korea Development Institute, December 2012, pp. 81-119.
3. “Regional Trade Arrangement between ASEAN and Korea: Korea’s Perspective” (with Yul Kwon), Chapter 7 in ASEAN-Korea Relations-Security, Trade and Community Building, edited by Ho Khai Leong, Institute of Southeast Asian Studies, February 2007, pp. 85-99.
4. “Economic Effects of Northeast Asian Free Trade Area” (in Japanese), Chapter 2 in Facts and Possibility of the East Asian Economic Cooperation II, The Korea-Japan Research Cooperation Series 8 edited by Shinichi Nozoe and Yung Chul Park, Keio University Press, November 2004, pp. 29-50. and (in Korean), Asia Center, Korea University, December 2005, pp. 39-61.
5. “Measuring the Impact of APEC Trade Facilitation: A Gravity Analysis” (with Sangkyom Kim and Hongshik Lee), in Trade Facilitation and Trade Liberalisation: From Shanghai to Bogor edited by APEC Economic Committee, November 2004, pp. 52-86.
6. “East Asian Financial Crisis and the Reformation of the Korean State” (with Kyun Kim), Chapter 7 in Developmental states: Relevancy, Redundancy or Reconfiguration? edited by Linda Low, Nova Science Publishers, New York, USA, November 2004, pp. 117-132.
7. “Who destabilized the Korean Stock Market?” (with Yung Chul Park), Chapter 7 in International Capital Flows in Calm and Turbulent Times: The Need for New International Architecture edited by Griffith-Jones, S., Gottschalk, R. and Cailloux, J., The University of Michigan Press. USA, February 2003, pp. 195-230.
8. “Measuring the Impact of APEC Trade Facilitation on APEC Economies: A CGE Analysis” (with Sangkyom Kim), Chapter II in The Benefits of Trade and Investment Liberalization and Facilitation in APEC edited by APEC Economic Committee, APEC, October 2002, pp. 7-63.
9. “Financial Reform in the Republic of Korea: past and present” (with Dong Won Kim) Chapter 3 in Financial Big Bang in Asia edited by Masayoshi Tsurumi, Ashgate, USA, July 2001, pp. 63-88.
10. “Bank Restructuring and Its Performance in East Asia” (with Choong-Lyul Lee), Economic Crisis in Southeast Asia and Korea: Its Economic, Social, Political, and Cultural Impacts, ASEAN University Network and The Korean Association of Southeast Asian Studies, Tradition & Modernity (Jontong gua Hyundae), Korea, December 2000, pp. 117-152.
11. “A Comparison of CGE and Econometric Approaches to Modeling Government (Military) Spending” (with F. Gerard Adams), Chapter 17 in The Peace Dividend edited by N. P. Gleditsch, O. Bjerkholt, A. Cappelen, R.P. Smith, and J.P. Dunne, Contributions to Economic Analysis 235 series edited by D. W. Jorgenson, J. -J. Laffont, T. Persson, and H.K. Van Dijk, North-Holland, New York, U.S.A., 1996, pp. 323-347.
12. “Defense Expenditures and Economic Growth in the Philippines: A Macrosimulation Analysis” (with F. Gerard Adams and Roberto S. Mariano), Chapter 7 in Macroeconomic Dimensions of Arms Reduction edited by F. Gerard Adams, Westview Press, Inc., Boulder, U.S.A., 1992, pp. 107-128.

Research Field

- Best Practices for Regional Trade Agreements: Empirical Analysis

- External Economic Activities and Economic Development in East Asia, ASEAN, and APEC

Some of my papers can be found at 

https://econpapers.repec.org/RAS/ppa260.htm

&

https://ideas.repec.org/f/ppa260.html

COURSES TAUGHT

International Economics

Principles of International Commerce

East Asian Economies

East Asian Trade and Investment