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Changes in trade intensity between Korea and her major trading countries in the manufacturing sector

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  • Changes in trade intensity between Korea and her major trading countries in the manufacturing sector
  • Kim, Seung Jin
  • Hankuk University of Foreign Studies


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Title Changes in trade intensity between Korea and her major trading countries in the manufacturing sector
Similar Titles
Material Type Reports
Author(English)

Kim, Seung Jin

Publisher

[Seoul]:Hankuk University of Foreign Studies

Date 2007
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Trade
Industry and Technology < Manufacturing
Holding Waseda University

Abstract

It was found that Korea’s trade intensity with the USA decreased from 2.87 in 1993 to 2.39 in 2004 due to decrease in Korea’s special country bias with the USA from 3.06 in 1993 to 2.26 in 2004 even if Korea’s trade complementarity with the USA increased from 0.94 in 1993 to 1.06 in 2004. Therefore Korea’s special country bias with the USA should be enhanced by increasing capital movements and reducing discriminatory tariffs and other import restrictions between Korea and the USA. It was also found that Korea’s trade intensity with Japan decreased from 8.37 in 1993 to 8.11 in 2004 due to decrease in Korea’s trade complementarity with Japan from 1.05 in 1993 to 0.88 in 2004 even if Korea’s special country bias with Japan increased from 7.95 in 1993 to 9.20 in 2004. (The rest omitted)