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한·중·일 3국의 산업간 상호의존관계 분석(Analysis of industrial interdependency among Japan, China and Korea) : Application of international input-output table

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Title 한·중·일 3국의 산업간 상호의존관계 분석(Analysis of industrial interdependency among Japan, China and Korea)
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Sub Title

Application of international input-output table

Material Type Reports
Author(English)

Okamoto, Nobuhiro

Author(Korean)

이홍배

Publisher

서울:대외경제정책연구원

Date 2002-12
Series Title; No 연구보고서 / 02-25
ISBN 82-322-1168-X
Pages 190
Subject Country South Korea(Asia and Pacific)
Language Korean
File Type Documents
Original Format pdf
Subject Industry and Technology < General
Holding 대외경제정책연구원; KDI 국제정책대학원

Abstract

In Northeast Asia, recently, there have been active discussions on the formation of region-wide or bilateral free trade agreements (FTAs). To determine the feasibility of FTAs, it is essential to evaluate the detailed data on the international, as well as internal, transactions between the candidate economies. This study aims to provide a quantitiative overview of the industrial interdependence between Korea, China and Japan, three major economies in Northeast Asia, where globalization is currently under way. Specifically, the study adopted an international input-output framework to quantitatively measure the international interdependence between the three economies. Empirical analysis was first carried out by determining the dominant relationship in the production structures of the three countries using import coefficients and production inducement coefficients. Then the argument centered on the direction of 'trade creation effects' and of the changes in trade dependency ratios, utilizing the Hypothetical Extraction Method (HEM) and Leontief inverse matrix decomposition technique. (The rest omitted)