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개방화 시대의 한국 경제(The Korean economy in the era of trade liberalization) : 구조적 변화와 정책과제(Structural changes and policy implications)

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차
요 약 ·································································································· 1
제Ⅰ부 무역자유화와 우리 경제의 구조적 변화
제1장 개방, 한․미 FTA 및 주요 논점 ·· ··· ···· ··· ···· ··· ···· ··· ···· ··· ···· ··· ··· 23
제1절 서 언 ···· ······ ······ ····· ······ ····· ······ ······ ····· ······ ······ ····· ······ ····· 23 제2절 무역자유화의 진전과 경제적 효과 ·· ·· · ·· ·· · ·· ·· · ·· ·· · ·· ·· · ·· ·· · ·· ·· · 25 1. 개방 또는 수입자유화의 진전 · ·· · ·· · ·· ·· · ·· · ·· ·· · ·· · ·· ·· · ·· · ·· ·· · ·· · ·· · 25 2. 개방의 경제적 효과에 대한 논의 · ·· · ·· · ·· · ·· · · ·· · ·· · ·· · ·· · · ·· · ·· · ·· · · 28 가. 개방의 긍정적 효과 ···· ··· ···· ··· ···· ··· ···· ··· ···· ··· ···· ··· ···· ··· ··· 28 나. 개방의 부정적 효과 ···· ··· ···· ··· ···· ··· ···· ··· ···· ··· ···· ··· ···· ··· ··· 32 제3절 개방정책으로서의 한․미 FTA · ·· · ·· ·· · ·· ·· · ·· · ·· ·· · ·· ·· · ·· ·· · ·· ·· · ·· · 34 1. 한국경제의 현황과 중국의 도전 ·· ···· ··· ···· ···· ···· ··· ···· ···· ···· ··· 34 2. 한․미 FTA의 의미 ·· · ·· ·· ·· ·· · ·· ·· ·· ·· · ·· ·· ·· ·· · ·· ·· ·· ·· · ·· ·· ·· ·· · ·· ·· ·· ·· · 37 3. 한․미 FTA의 기대 효과-개요 ··· ··· ··· ··· ··· ··· ··· ··· ··· ··· ··· ··· ··· 39 4. 한․미 FTA의 활용을 위한 노력 · · ·· · · · ·· · · ·· · · ·· · · ·· · · · ·· · · ·· · · ·· · · ·


Full Text
Title 개방화 시대의 한국 경제(The Korean economy in the era of trade liberalization)
Similar Titles
Sub Title

구조적 변화와 정책과제(Structural changes and policy implications)

Material Type Reports
Author(Korean)

차문중

Publisher

서울:한국개발연구원

Date 2007
Series Title; No 연구보고서
Pages 625
Subject Country South Korea(Asia and Pacific)
Language Korean
File Type Documents
Original Format pdf
Subject Economy < Trade
Holding KDI; KDI School

Abstract

This report analyzes the structural influence that openness would bring to the Korean economy by eliminating import barriers. It also provides policy suggestions for streamlining institutions, as well as a future openness strategy necessary for ensuring the positive benefits of market opening.

The study examines the impact that import competition from China has on the Korean economy, which lies somewhere between the stages of a developing and advanced economy, and possessing both capital- and skill-intensive resources, assuming Korea were to follow in the steps of advanced countries such as Japan or the U.S. Overall, the capital and skills-intensive companies in Korea have grown relatively faster in the manufacturing sector, attesting to a definite transition from a simple labor-intensive industrial nation to a capital- and skill-intensive labor market. Amid this transition, import competition from China is clearly having an adverse effect on the growth of companies. This trend is similar to that shown in previous studies where U.S. companies were found to be negatively affected by import competition from low-income countries. But the study shows that this adverse impact is more apparent in the capital-intensive sectors. Also, there is no clear evidence of skills-intensive companies growing faster given the same import competition from China. This is contradictory to research in the U.S., which found that the adverse impact caused by import competition from low-income countries on the growth of companies was smaller when companies were more capital- and skills-intensive.

This study also found that even though certain advanced countries eventually gained a comparative advantage in the capital- and skills-intensive sector, this does not necessarily constitute the rule for advancing economies. In other words, the production growth of a company in an industry with high import competition from Japan at one point is found to experience relatively lower growth after a certain point of time.

Comprehensively, the empirical analysis of this study indicates that under the environmental changes of growing pressure in import competition from China, Korea, undergoing its own transition into a country with relatively sufficient capital and skilled labor, will likely face difficulties in the process of materializing company growth in sectors where traditionally advanced countries have enjoyed a comparative advantage.