Kelley School of Business


Kelley School of Business
Professor Emeritus of Business Economics & Public Policy

Areas of Expertise

Time Series Analysis, Applied Econometrics, Foreign Trade, Financial Economics

Academic Degrees

  • BS, Seoul National University, 1966
  • MS, University of South Carolina, 1973
  • MA, University of Washington, 1975
  • PhD, University of South Carolina, 1974
  • PhD, University of Washington, 1980

Professional Experience

  • Professor, Indiana University Kelley School of Business, since August 1997 - 2008
  • Adjunct Professor, Indiana University Department of Economics, since September 2003
  • Visiting Professor, Sungkyunkwan University, Seoul, Korea, August-October 2004
  • Acting Chair, Department of Business Economics and Public Policy, August-December 2003
  • Visiting Professor, ZEI, University of Bonn, Germany, June 2002
  • Acting Chair, Department of Business Economics and Public Policy, January-May, 2001
  • Associate Professor, Indiana University, 1984-1997
  • Assistant Professor, Indiana University, 1980-84

Awards, Honors & Certificates

  • Invited Lecturer, School of Economics, Seoul National University, sponsored by Seoul Journal of Economics (2002)
  • Summer Research Grants from Indiana University School of Business (1988-2001)
  • Innovative Teaching Award, doctoral program, Indiana University Kelley School of Business (1998-99)
  • Distinguished Teaching Award, Kelley School of Business Doctoral Student Association (1997-8)
  • Ameritech Fellowship: Raising the Effectiveness of Export and Investment Promostion in the Great Lakes Region, with Joseph C. Miller (1990-91)
  • Ameritech Fellowship: The Feasability of a Midwestern Trade Promotion Agency (1990-89)
  • Outstanding Teacher of the Year Award, School of Business Doctoral Student Association (1988-89)
  • Ameritech Fellowship: Foreign Trade and Investment Policies of the Great Lakes States Toward South Korea: Practice, Performance, and Perception (1988-89)
  • Summer Faculty Fellowship from Indiana University Research and Graduate Development (1987)

Selected Publications

  • Kang, Heejoon and Michele U. Fratianni (2006), “Heterogeneous Distance-Elasticities in Trade Gravity Models,” Economics Letters, 90, 2006, pp. 68-71.

Abstract We show that statistically and economically significant heterogeneity exists in the distance elasticity in trade gravity models. Distance elasticities critically depend on whether trading partners belong to the OECD and whether they are Christian or Islam countries. 

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