Personal Website: N/A

Education

Ph.D. in Economics, Technology Management, Economics and Policy Program, Seoul National University, 2013
Dissertation: Computable General Equilibrium Approach for the Quantitative Evaluation of the Market Structure: The Case of Korean Electricity Market

M.S. in Electrical and Computer Engineering, Seoul National University, 2008
Thesis: Decision-directed tracking of fading channels in TEDS

B.S. in Electrical and Electronic Engineering, Seoul National University, 2002

Refereed International Journal Articles

Yeo, Y., Hwang, W.-S., Shin, K., Hong, C., Oh, I., Jung, S., Lee, J.-D. (2025), Dualistic nature of the 4IR: Investigating the economy-wide impacts of the 4IR with a focus on Korean economy using a CGE analysis, Telecommunication Policy, 49(3), 102928. (SSCI)

Kim, H.-S., Hwang, W.-S. (2024), Absorption Trajectories of 4IR Technologies: Evidence from Korea, Technology Analysis & Strategic Management, 36(1), 105–121. (SSCI)

Lee, D.-Y., Hwang, W.-S. (2023), Adoption and Frequency of Early Morning Delivery of Food in Korea: An Empirical Analysis, Applied Economics, 55(48), 5687–5699. (SSCI)

Hwang, W.-S., Oh, S.-H. (2023), The Effectiveness of Public R&D Subsidy on SMEs’ Innovation Capability and Catch-up in the Korean Manufacturing Industry, Technology Analysis & Strategic Management, 35(10), 1369–1384. (SSCI)

Yeo, Y., Hwang, W.-S., Lee, J.-D. (2023), The Shrinking Middle: Exploring the Nexus between Information and Communication Technology, Growth, and Inequality, Technological and Economic Development of Economy, 29(3), 874–901. (SSCI)

Hwang, W.-S., Kim, H.-S. (2022), Does the Adoption of Emerging Technologies Improve Technical Efficiency? Evidence from Korean Manufacturing SMEs, Small Business Economics, 59, 627–643. (SSCI)

Hwang, W.-S., Hong, C., Oh, I., Yeo, Y. (2022), Assessing the Economy-wide Impacts of Public R&D Support Options based on a Computable General Equilibrium Model: Focusing on Types of Fiscal Incentives and Beneficiaries, Applied Economics, 54(40), 4664–4680. (SSCI)

Jun, B., Kaltenberg, M., Hwang, W.-S. (2022), How Inequality Hurts Growth: Revisiting the Galor–Zeira Model Using the Korean Case, Pacific Economic Review, 27(1), 1–79. (SSCI)

Hwang, W.-S., Yeo, Y., Oh, I., Hong, C., Jung, S., Yang, H., Lee, J.-D. (2021), CGE Analysis of R&D Investment Policy Considering Trade-offs between Economic Growth and Stability, Science and Public Policy, 48(3), 295–308. (SSCI)

Hwang, W.-S., Shim, D. (2021), Measuring the Impact of ICT-driven Product and Process Innovation on the Korean Economy, Global Economic Review, 50(3), 235–253. (SSCI)

Oh, I., Hwang, W.-S., Yoon, H.-J. (2019), The Role of Work-Family Balance Policy for Enhancing Social Sustainability: A Choice Experiment Analysis of Koreans in their Twenties and Thirties, International Journal of Environmental Research and Public Health, 16(14). (SSCI)

Hwang, W.-S., Choi, H., Shin, J. (2019), A Mediating Role of Innovation Capability between Entrepreneurial Competencies and Competitive Advantage, Technology Analysis & Strategic Management, 32(1), 1–14. (SSCI)

Shin, J., Hwang, W.-S., Choi, H. (2019), Can Hydrogen Fuel Vehicles Be a Sustainable Alternative on Vehicle Market?: Comparison of Electric and Hydrogen Fuel Cell Vehicles, Technological Forecasting and Social Change, 143, 239–248. (SSCI)

Hwang, W.-S., Choi, Y.-H. (2018), Socio-economic Impact of the mHealth Adoption in Managing Diabetes, Technology Analysis & Strategic Management, 31(7), 791–802. (SSCI)

Choi, H., Shin, J., Hwang, W.-S. (2018), Two Faces of Scientific Knowledge in the External Technology Search Process, Technological Forecasting and Social Change, 133, 41–50. (SSCI)

Shin, J., Hwang, W.-S. (2017), Consumer Preference and Willingness to Pay for a Renewable Fuel Standard (RFS) Policy: Focusing on ex-ante market analysis and segmentation, Energy Policy, 106, 32–40. (SSCI)

Hwang, W.-S., Shin, J. (2017), ICT-specific Technological Change and Economic Growth in Korea, Telecommunications Policy, 41(4), 282–294. (SSCI)

Jung, S., Yeo, Y., Lee, J.-D., Hwang, W.-S. (2017), Growth versus Equity: A CGE Analysis for Effects of Factor-biased Technical Progress on the Economic Growth and Employment, Economic Modelling, 60, 424–438. (SSCI)

Hwang, W.-S., Lee, J.-D. (2015), A CGE Analysis for Quantitative Evaluation of Electricity Market Changes, Energy Policy, 83, 69–81. (SSCI)

Hwang, W.-S., Oh, I., Lee, J.-D. (2014), The Impact of Korea’s Green Growth Policies on the National Economy and Environment, B.E. Journal of Economic Analysis and Policy, 14(4), 1585–1614. (SSCI)

Hwang, W.-S., Oh, I., Lee, J.-D. (2014), Assessing the Socio-Economic Effects of Korea’s Nuclear Power Policy, Energy and Environment, 25(5), 931–952. (SSCI)

Hong, C., Yang, H., Hwang, W.-S., Lee, J.-D. (2014), Validation of an R&D-based Computable General Equilibrium Model, Economic Modelling, 42, 454–463. (SSCI)

Hwang, W.-S., Lee, J.-D. (2014), Interindustry Knowledge Transfer and Absorption via Two Channels: The Case of Korea, Global Economic Review, 43(2), 131–152. (SSCI)

Hwang, W.-S., Lee, J.-D. (2013), Profitability and Productivity Changes in the Korean Electricity Industry, Energy Policy, 52, 531–542. (SSCI)

Heshmati, A., Lee, S., Hwang, W.-S. (2012), Performance Analysis of Power Plants under Heterogeneous Technologies with Meta-frontier Framework, International Journal of Economics and Management Engineering, 2(1), 5–14.

Refereed Domestic Journal Articles

Um, I.-C., Hwang, W.-S. (2024), An CGE Analysis of Economic Effects of Public R&D Investments: Focusing on Steel and Semiconductor Industries, Journal of Industrial Economics and Trade, 8(1), forthcoming.

Um, I.-C., Hwang, W.-S. (2022), An Analysis of the Socio-Economic Impacts of R&D Investment: Comparison Between Public R&D Investment and Private R&D Investment, Journal of Industrial Economics and Trade, 6(1), 123–153.

Oh, S.-H., Park, J., Hwang, W.-S. (2021), Analysis on the Effect of Government R&BD Support in Nano Convergence Industry: Focus on Nano-Convergence 2020 Program, Innovation Studies, 16(4), 157–188.

Hwang, W.-S., Oh, S.-H., Park, J. (2021), An Analysis on the Economic Impacts of Nano-Convergence Industry: Focusing on the Nano-Convergence 2020 Program, Innovation Studies, 16(3), 81–105.

Kim, W.-K., Hwang, W.-S., Kim, J. W. (2018), A Study on the Macroeconomic Effect of the Government R&D, Journal of Institution and Economics, 12(2), 93–122.

Kim, W.-K., Hwang, W.-S. (2017), Assessing the Impact of Low Fertility and Aging Society on the Economy, Journal of Industrial Economics and Trade, 1(1), 108–135.

Choi, J.-H., Cho, Y.-C., Ko, S.-P., Hwang, W.-S. (2017), A Study on the Economic Impacts resulting from a Decrease of Ex/Import Maritime Freight Volumes in South Korea, Ocean Policy Research, 32(1), 163–184.

Kim, S.-M., Hwang, W.-S., Lee, K.-J. (2015), An Evaluation of Effects of Government’s R&D Investment to Promote Science and Technology Development in Korea, Productivity Review, 29(4), 3–27.

Hwang, W.-S. (2014), An Analysis on the Korean NIS through Interindustry Embodied and Disembodied Knowledge Flows, Productivity Review, 28(1), 295–317.

Hwang, W.-S., Lee, Y.-H. (2009), Channel Estimation Using Decision-directed Methodology in TETRA System, The Journal of Korean Institute of Communications and Information Sciences, 34(2), 234–241.

Published Working Papers

Jun, B., Hwang, W.-S. (2013), Financial Hurdles for Human Capital Accumulation: Revising the Galor-Zeira Model, MPRA Working Paper No. 46317 (http://mpra.ub.uni-muenchen.de/id/eprint/46317)

Translated Books

Hwang, W.-S. (Co-translator), 2016, Introduction to Business Economics, Sigma Press
(Original Book: Sloman, J., Jones, E., 2016, Essential Economics for Business, Pearson: UK)