Minho Kim

Fellow
Korea Development Institute (KDI)

Contact

minhokim at kdi.re.kr
263, Namsejong-ro, Sejong-si, 30149, Korea
+82-44-550-4144

Employment

Korea Development Institute (KDI)

• Fellow, Jan. 2020 - Present
• Director, Division of Public Investment Evaluation, PIMAC. Jul. 2020 - Jun. 2022
• Associate Fellow, Jul. 2014 - Dec. 2019

Education

Washington University in St. Louis, Ph.D. in Economics, May 2014.
Yonsei University, B.A. in Economics, Feb. 2005.

Research Interests

Development and International Economics

• Understanding firm dynamics and the role of industrial policy
• Studying the role of trade and FDI on productivity
• Understanding the role of intangible capitals such as organizational capital and technology and government innovation policy
• Applying machine learning in policy targeting (Data-driven policy making)

Publications

1. How Smart Is a ‘Smart Factory’?: An Organizational View (with Sunghoon Chung), Industrial and Corporate Change, dtad070, 2023.
2. International Trade and Directed Technical Change in the Developing Countries, KDI Journal of Economic Policy, 41(3), 2019.
3. Misallocation and manufacturing TFP in Korea, 1982-2007 (with Jiyoon Oh and Yongseok Shin),” Federal Reserve Bank of St. Louis Review, Second Quarter 2017.
4. Aggregate Productivity Growth in Korean Manufacturing: The Role of Young Plants, KDI Journal of Economic Policy, 39(4): 1–23, 2017.
5. The Influence of School Quality on Housing Prices in Korea (with Sunku Hahn and Tae-Hwan Kim), Applied Economics, 44(8), 2012.

Working Papers

1. The Plant-Level View of an Industrial Policy: The Korean Heavy Industry Drive of 1973 (with Munseob Lee and Yongseok Shin) [Article in VoxEU] [Article in NBER Digest]
2. Aim Better with Machine Learning: Enhancing Effectiveness of Government Credit Programs for SMEs (with Youngdeok Hwang)

Policy Papers

Firm(Productivity) Dynamics

1. 지식자본과 기업의 생산성(Knowledge Capital and Firm Productivity), In Job Creation Strategy in an Knowledge-based Economy, Kyungsoo Choi Eds, KDI Research Monograph, 2019-12, 2019 (in Korean).
2. 제조업 신생기업의 성장동력 역할 감소와 시사점 (Diminishing Role of Young Manufacturing Plants as Drivers of Growth), KDI FOCUS No. 92, 2018 (in Korean). [Youtube]
3. 자원분배와 생산성: 한국 제조업의 역동성과 시사점(Productivity Growth in Korean Manufacturing Industries: The Role of Young Plants vs. Small Plants), KDI Policy Study 2017-05, 2017 (in Korean).

Industrial and SME Policy

1. 국가 챔피언 기업 육성정책: 산업 정책에서 승자 선정 전략의 효과와 시사점(National Champions and Industrial Policy: An Examination of the Effectiveness and Consequences of Picking Winners Strategy in Industrial Policy), forthcoming in KDI Policy Study, 2023 (in Korean).
2. 중소기업 적합업종제도의 경제적 효과와 정책방향(The economic effects of the Reservation Policy for SMEs and policy implications), KDI Policy Forum No. 289(2022-04), 2022 (in Korean). [Youtube]
3. 중소기업 지원기준의 개선방안에 관한 연구: 중소기업 정의와 적합업종을 중심으로 (Designing the Criteria on the SME Support Policy: Focusing on the Definition of SME and Small-Scale Reservation Policy), KDI Research Monograph, 2022-01, 2022 (in Korean).
4. AI 기술, 지원정책의 효과를 높일 수 있을까? (Can Artificial Intelligence Improve the Effectiveness of Government Support Policies?), KDI Policy Forum, No. 288(2022-03), 2022 (in Korean).[English Ver.] [Youtube]
5. AI 기반 정부지원 통합체계 구축방안 (How to Build a Government System for Data-driven Decision Making), KDI Research Monograph, 2020-07, 2020 (in Korean).
6. 창업벤처 지원정책의 성과관리체계 개선방안 (A Guide to Effectiveness Evaluation Framework on Korean Entrepreneurship Policy), In Improving the Performance Management System of Budgetary Programs: Focusing on In-depth Evaluation, Jaejoon Lee Eds, KDI Research Monograph 2017-08, 2017 (in Korean).

Technology Adoption and Management Practices

1. Smart Factory: Economic Impacts and Policy Implications (with Sunghoon Chung and Changkeun Lee), KDI Research Monograph, 2019-01, 2019 (in Korean)
   
2. 공장의 스마트화를 위한 스마트한 정책방안(Smart Policies for Smart Factories) (with Sunghoon Chung and Changkeun Lee), KDI FOCUS, No. 97, 2019 (in Korean). [English Ver.] [Youtube]

Trade and FDI

1. 서비스산업 외국인투자기업의 국내 현황과 경제적 효과(Foreign-invested Firms in the Korean Service Industry: Current Status and Economic Effects) (with Sunghoon Chung), KDI Policy Study 2019-16, 2019 (in Korean).
2. 한·중 교역 확대가 한국 제조업에 미친 영향: 총요소생산성을 중심으로(China’s Impact on Productivity Growth in Korean Manufacturing), In Structural Changes of the Chinese Economy and New Opportunities for Korea(Vol.1), Kyungsoo Choi Eds, KDI Research Monograph 2015-09, 2015 (in Korean).

Program Evaluation

1. 예비타당성조사 수행을 위한 세부지침 의료부문 연구(Detailed Guidelines for Conducting Pre-feasibility Studies: Healthcare Sector Projects), KDI, 2022 (in Korean).
2. 예비타당성조사 수행을 위한 세부지침 일반부문 연구(Detailed Guidelines for Conducting Pre-feasibility Studies), KDI, 2021 (in Korean).
3. 저소득 지역가입자 국민연금 보험료 지원 예비타당성조사 (Pre-feasibility Study for Subsidizing National Pension Premiums for Low-Income Regional Enrollees), KDI, 2021 (in Korean).

Policy Briefs

1. AI를 활용한 지원정책 효과성 제고방안(Enhancing the Effectiveness of Support Policies through AI Utilization), KDI, 2021 (in Korean).
2. 글로벌 공급망 리스크 대응방안(Strategies for Addressing Global Supply Chain Risks), KDI, 2021 (in Korean).
3. 탄소중립의 공급망 리스크와 기회 활용(Leveraging Supply Chain Risks and Opportunities in Carbon Neutrality), KDI, 2021 (in Korean).
4. 스마트 제조혁신 전략의 개선방안 (Policy Recommendations on Smart Manufacturing Innovation Strategy), KDI, 2019 (in Korean).

Government-Commissioned Report

1. 중소기업 정부지원 개선방향(Improvement Measures for Government SME Support Policies), KDI, 2024 (in Korean).
2. 디지털 전환기의 노동생산성 제고 방안(Strategies for Improving Labor Productivity in the Digital Transformation Era), KDI, 2022 (in Korean).
3. 경제환경변화에 따른 무역보험의 역할과 전략(The Role and Strategies of Korea Trade Insurance in Response to Changes in the Economic Environment), KDI, 2020 (in Korean).
4. 분야별 종합 지출구조조정 및 관리지원 - 산업·중소기업·에너지 분야(Comprehensive Expenditure Restructuring and Management Support by Sector - Industry, SMEs, and Energy sectors), KDI, 2020 (in Korean).
5. 타당성평가에서의 지역낙후도 분석 개선방안 연구(A Study on Improving the Measurement of Regional Underdevelopment in Feasibility Assessments), KDI, 2020
6. 재도전 정책이슈 발굴·연구(Exploration and Research on Re-challenge Policy Issues), KDI, 2019 (in Korean).
7. 개성공단의 경제적 효과에 대한 실증분석(Empirical Analysis of the Economic Impact of the Kaesong Industrial Complex), KDI, 2018 (in Korean).
8. 종합통계등록부의 통계 생산용DB 구축대상 선정 (Finding New Statistics Based on the Comprehensive Statistics Registration Database), KDI, 2017 (in Korean).
9. 지역산업정책 성과분석 및 추진전략 수립(Analysis of Regional Industrial Policy and Recommendation on Implementation Strategies), KDI, 2015 (in Korean).
10. 국가경쟁력 보고서(National Competitiveness Report), KDI, 2014 and 2015 (in Korean).

Book Chapters

1. Digital Technologies, Intangibles, and Firm Productivity, In Shifting Paradigms: Growth, Finance, Jobs, and Inequality in the Digital Economy, Zia Qureshi and Cheonsik Woo Eds, Brookings Institution Press, Jan. 2022.

Commentary

1. 정부가 똑똑하게 일하라! 데이터 기반 정책 수립 전환 방안, NRC Data Brief, Vol. 9, 2024
2. 인격적인 나이듦을 준비하자, 국민일보, Feb. 22, 2022
3. 공공부문 혁신을 위한 문샷 싱킹, 국민일보, Jan. 18, 2022
4. 플랫폼 방식 거버넌스로 혁신돼야, 국민일보, Dec. 21, 2021
5. 글로벌 공급난 대처, 도요타처럼, 국민일보, Nov. 23, 2021
6. 정부 지원사업, 간접비를 평가하라, 국민일보, Oct. 26, 2021
7. 탄소중립에 중립기어는 없다, 국민일보, Sep. 28, 2021
8. Smart Policies for Smart Factories, The Korea Times, Jun. 28. 2020
9. ‘창업 시대’ 절반이 식당·숙박업… 그중 절반은 2년도 못 버틴다, 조선일보, Aug. 14. 2017
10. Innovative Charitable Fundraising, Op-Ed Essays from McDonnell Academy Scholars, 2009-2010

Teaching

At Washington University in St. Louis

• Economics 335 - Money and Banking, Summer 2013
• Economics 1011 - Introduction to Microeconomics, Summer 2011

Conference/Seminar Presentations (Recent)

• East Asian Economic Association International Conference (Seoul, Korea), 2023.
• Society for the Advancement of Economic Theory (Virtual), 2021.
• Singapore Management University (Singapore), 2019.
• Society for the Advancement of Economic Theory (Taipei, Taiwan), 2018
• Asia-Pacific Productivity Conference (Seoul, Korea), 2018
  
• Comparative Analysis of Enterprise Data Conference (Seoul, Korea), 2017

Honors

• Deputy Prime Minister’s Commendation for Service Merit, Dec. 2021 & Dec. 2023
  
• KDI President’s Commendation for Service Merit, Korea Development Institute, Mar. 2021
  
• Excellence Award for “Contest for Best Practices in Vigorous Research and Administration”, National Research Council for Economics, Humanities, and Social Sciences, Jul. 2021
• KDI President’s Commendation for Service Merit, Korea Development Institute, Mar. 2018
  
• McDonnell Academy Scholar, Washington University in St. Louis, 2008-2013
• Dissertation Fellowship, Washington University in St. Louis, 2013
• Altwell Mincho Scholar, Korea, 2001-2005
• High Honors (Magna cum laude), Yonsei University, Korea, Feb. 2005