The purpose of this study is to analyze the industry structure of the automobile industry from a theoretical perspective and to determine the government’s role in strengthening competition.
In Korea’s automobile industry, except for difficulty in restructuring the industry or competition to bring in talents, it is seen that there is a small possibility that the new entry will have dynamic effect in the industry, and the government does not have control over the entry barrier. Moreover, it is estimated that future demand is positive; issues with overlapping or excessive investment are not to be concerned by the industry. Furthermore, it can be determined that due to Samsung’s new entry into the industry, the car component industry will grow dramatically as well, and in contrast with the open door policy, limiting Samsung’s entry into the market is meaningless; therefore, it results that the industry should allow Samsung’s entry to the market.
The finished car industries should establish effective labor structure with car component businesses. The government’s role is divided to industrial structure policy and industrial technology policy. In relations to the market structure, for effective competition, it is important to expand application of Monopoly Regulation and Fair Trade Act and Subcontract Law. In terms of industrial structure policy, the most important policies are business mergers, exit market strategy for low profit, or change of business. Business mergers with finished car industries must apply restriction on competition, and car component industries that exit the market due to restructuring the industry should be compensated or exit barriers eliminated.
Keywords: Samsung Automobile, automobile industry, car components industry, restructuring, industrial policy
우리나라 자동차산업의 당면과제와 산업조직정책
|Series Title; No||연구보고서 / 94-07|
|Subject Country||South Korea(Asia and Pacific)|
|Subject||Industry and Technology < Manufacturing|
|Holding||KDI; KDI School|