■ Introduction
Professor Mansoo Joo, currently a faculty member in the Department of Economics at Hanyang University, graduated from Hanyang University with a degree in Economics, and earned his Ph.D. in Economics from the University of Illinois. After working as a Research Fellow at the Korea Economic Research Institute, he joined Hanyang University in 1994. Professor Joo teaches public economics, tax theory, microeconomics, and the history of economic thought.
Professor Joo’s main interests lie in intergovernmental fiscal transfers and local taxation within the field of local finance; he is also interested in public choice theory, bureaucratic models, and social security. His principal books include Tax Economics (co-author) and Principles of Revenue Allocation by Government Tier and the Pricing Function of Local Taxes. He has published numerous articles in both domestic and international journals such as Regional Science and Urban Economics, Korean Economic Review, Economic Studies, Fiscal Studies, Journal of Local Finance, and Public Administration Studies.
In his academic service, he has served as President of the Korean Association of Local Finance, as a board member of the Korean Society of Fiscal Studies and the Korean Society of Fiscal Policy, and he provides advisory services related to local finance to government agencies, the National Assembly, and research institutions.
■ Education
1984, Hanyang University, B.A., Economics
1987, University of Illinois, M.A., Economics
1990, University of Illinois, Ph.D., Economics
■ Career
1990–1994: Research Fellow, Korea Economic Research Institute
1994–present: Professor, Department of Economics, College of Business and Economics, Hanyang University
■ Research Interests
Local finance
Public choice
Bureaucratic behavior
Taxation (especially local taxes)
Social security
■ Recent Selected Papers
Expressiveness and Voting Decision: New Evidence from the Korean Parliamentary Election,” Japanese Journal of Political Science, Cambridge University Press, June 2014
Analysis of the Effect of Discontinuous Acquisition Tax Rates on the Housing Market,” Economic Studies, Korean Economic Association, March 2016
Elastic Tax Rates and the General Grant: Analysis of the Resource Allocation Effects of Own-Effort Incentive Mechanisms,” Fiscal Studies, Korean Society of Fiscal Studies, August 2017
Characteristics of the Structural Estimation of Welfare Demand for the General Grant Tax and Determinants,” Public Administration Studies, Korea Institute of Local Administration, September 2021
Determinants of Social Capital in Korea,” Seoul Journal of Economics, Seoul National University Economic Research Institute, May 2022
Analysis of the Effects of the Inclusion Rate of the General Grant on Fiscal Equity and Incentives to Expand Own Revenues, and Policy Implications,” Journal of Local Finance, Korean Association of Local Finance, December 2022
A Comparative Evaluation of the Home-Town Donation System in Korea and Japan and Policy Implications,” Budget & Policy Studies, Office for Budget and Evaluation, National Assembly, March 2023
■ Major Books / Monographs
Public Economics (co-translator/editor), Pakyoungsa, 2010
Tax Design (co-translator/editor), Sigma Press, 2015
Measures to Enhance Fiscal Soundness through Strengthening Fiscal Accountability (co-author), Korea Development Institute, 2016
60 Years of Local Taxation in Korea (co-author), Korea Local Tax Research Institute, 2017
■ Professional Activities
Former President, Korean Association of Local Finance
Former Director, Korean Society of Fiscal Studies & Korean Society of Fiscal Policy
Advisory Committee Member, Korean Local Tax Association
Editorial Board Member, Korean Industrial Economics Association
■Awards
2013: Best Paper Award, Korean Association of Local Finance
2014: Best Paper Award, Korean Society of Fiscal Studies
2015: Commendation from the Ministry of the Interior and Safety