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International Journal of Business Studies and Innovation
ISSN:2737-5331
Frequency: Quarterly Published by lIKll


Open Access
 IJBSI 2021/9
Vol.1, Iss.1 : 75-83
https://doi.org/10.35745/ijbsi2021v01.01.0009

Uncertainty of the Imported Products and Its Effect on the Income Distribution of Importer


Song Chen1*
1School of International Business, Xiamen University Tan Kah Kee College

Received:N/A; Revised:N/A; Accepted:N/A; Published:September 30, 2021
Abstract:
This paper aims to test the uncertainty of the imported products and its effect on the income distribution of importers. This research firstly shows Korea as the risk preference. We show that the relationship between capital and labor has been evolved from when there is no uncertainty to when there is uncertainty, while the relationship between import and capital is complementary. This result proves that the lower uncertainty of imported products hampers the capital of the importing country while it benefits the labor market.

Keywords:  Hicks q-Complementary; Substitution; Reverse Demand Elasticity

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*Corresponding author; e-mail: chensong@xujc.com


Citation:Chen, S.(2021). Uncertainty of the Imported Products and Its Effect on the Income Distribution of Importer. International Journal of Business Studies and Innovation, 1(1), 75-83. https://doi.org/10.35745/ijbsi2021v01.01.0009

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Copyright: © 2021  The Author(s). Published with license by IIKII, Singapore. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY), which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
 

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