IDEAS home Printed from https://ideas.repec.org/a/sae/intare/v10y2007i1p151-174.html
   My bibliography  Save this article

Korea's Trade Intensity with Her Major Trading Countries in the Manufacturing Sector: Its Changes over the Last Decade

Author

Listed:
  • Seung Jin Kim

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. Korea's trade intensity with Japan was found to have 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. Therefore Korea's special country bias with Japan should be enhanced further by increasing capital movements and reducing discriminatory tariffs and other import restrictions between Korea and Japan. It was also found that Korea's trade intensity with China increased from 5.96 in 1993 to 10.39 in 2004 due to (a) increase in Korea's special country bias with China from 6.99 in 1993 to 9.58 in 2004 and (b) increase in Korea's trade complementarity with China from 0.85 in 1993 to 1.08 in 2004. Therefore Korea's special country bias with China should be enhanced further by increasing capital movements and reducing discriminatory tariffs and other import restrictions between Korea and China.

Suggested Citation

  • Seung Jin Kim, 2007. "Korea's Trade Intensity with Her Major Trading Countries in the Manufacturing Sector: Its Changes over the Last Decade," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 10(1), pages 151-174, March.
    • Handle: RePEc:sae:intare:v:10:y:2007:i:1:p:151-174
    DOI: 10.1177/223386590701000109
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/223386590701000109
    Download Restriction: no
    File URL: https://libkey.io/10.1177/223386590701000109?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Krugman, Paul R., 1979. "Increasing returns, monopolistic competition, and international trade," Journal of International Economics, Elsevier, vol. 9(4), pages 469-479, November.
    2. Gary Hufbauer, 1970. "The Impact of National Characteristics & Technology on the Commodity Composition of Trade in Manufactured Goods," NBER Chapters, in: The Technology Factor in International Trade, pages 145-231, National Bureau of Economic Research, Inc.
    3. Yamazawa, Ippei, 1970. "Intensity Analysis of World Trade Flow," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 10(2), pages 61-90, February.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Nappi, Carmine, 1974. "Des méthodes quantitatives appliquées au secteur des exportations québécoises, 1969," L'Actualité Economique, Société Canadienne de Science Economique, vol. 50(4), pages 491-511, octobre.
    2. Dosi, Giovanni & Grazzi, Marco & Moschella, Daniele, 2015. "Technology and costs in international competitiveness: From countries and sectors to firms," Research Policy, Elsevier, vol. 44(10), pages 1795-1814.
    3. Das, Gouranga G., 2002. "Cross-Country Analysis of Empirical Evidences of Intra-industry Trade in Manufactures for Dynamic Asian and Other Developing Economies: Implications for Economic Growth and Development," MPRA Paper 37916, University Library of Munich, Germany, revised 2002.
    4. Funke, Michael & Ruhwedel, Ralf, 2001. "Export variety and export performance: empirical evidence from East Asia," Journal of Asian Economics, Elsevier, vol. 12(4), pages 493-505.
    5. Yener Kandogan, 2003. "The Reorientation of Transition Countries??? Exports: Changes in Quantity, Quality and Variety," William Davidson Institute Working Papers Series 2003-631, William Davidson Institute at the University of Michigan.
    6. Leamer, Edward E. & Levinsohn, James, 1995. "International trade theory: The evidence," Handbook of International Economics, in: G. M. Grossman & K. Rogoff (ed.), Handbook of International Economics, edition 1, volume 3, chapter 26, pages 1339-1394, Elsevier.
    7. Das, Gouranga G., 2007. "Intra-Industry Trade and Development: Revisiting Theory, Measurement and New Evidences," MPRA Paper 37260, University Library of Munich, Germany, revised 01 Sep 2008.
    8. Geoffrey Barrows & Hélène Ollivier & Ariell Reshef, 2023. "Production Function Estimation with Multi-Destination Firms," CESifo Working Paper Series 10716, CESifo.
    9. Charlotte Emlinger & Viola Lamani, 2020. "International trade, quality sorting and trade costs: the case of Cognac," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 156(3), pages 579-609, August.
    10. Ralph E. Gomory, 1996. "Panel discussion: inherent conflict in international trade," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 40(Jun), pages 279-285.
    11. Andrew B. Bernard & Jonathan Eaton & J. Bradford Jensen & Samuel Kortum, 2003. "Plants and Productivity in International Trade," American Economic Review, American Economic Association, vol. 93(4), pages 1268-1290, September.
    12. Giuntella, Osea & Rieger, Matthias & Rotunno, Lorenzo, 2020. "Weight gains from trade in foods: Evidence from Mexico," Journal of International Economics, Elsevier, vol. 122(C).
    13. Lucian Cernat, 2016. "Toward “Trade Policy Analysis 2.0”: From National Comparative Advantage to Firm-Level Trade Data," ADB Institute Series on Development Economics, in: Ganeshan Wignaraja (ed.), Production Networks and Enterprises in East Asia, edition 1, chapter 0, pages 21-31, Springer.
    14. Baldwin, Richard, 1993. "A Domino Theory of Regionalism," CEPR Discussion Papers 857, C.E.P.R. Discussion Papers.
    15. Dominika Choros-Mrozowska, 2020. "Changes and Comparisons in Pattern of Polish Chinese Trade within the “16+1” Format," European Research Studies Journal, European Research Studies Journal, vol. 0(2), pages 327-342.
    16. Irwan Shah Zainal Abidin & Nor Aznin Abu Bakar & Muhammad Haseeb, 2014. "An Empirical Analysis of Exports between Malaysia and TPP Member Countries: Evidence from a Panel Cointegration (FMOLS) Model," Modern Applied Science, Canadian Center of Science and Education, vol. 8(6), pages 238-238, December.
    17. Maystre, Nicolas & Olivier, Jacques & Thoenig, Mathias & Verdier, Thierry, 2014. "Product-based cultural change: Is the village global?," Journal of International Economics, Elsevier, vol. 92(2), pages 212-230.
    18. Kumar, Sushil & Ahmed, Shahid, 2014. "Growth and Pattern of Intra-Industry Trade between India and Bangladesh: 1975–2010," MPRA Paper 61113, University Library of Munich, Germany, revised 29 Dec 2014.
    19. Andre Nassif & Carmem Aparecida Feijo & Eliane Araújo, 2016. "Structural change, catching up and falling behind in the BRICS: A comparative analysis based on trade pattern and Thirlwall’s Law," PSL Quarterly Review, Economia civile, vol. 69(279), pages 373-421.
    20. Igor A. Bykadorov & Alexey A. Gorn & Sergey G. Kokovin & Evgeny V. Zhelobodko, 2014. "Losses From Trade In Krugman’s Model: Almost Impossible," HSE Working papers WP BRP 61/EC/2014, National Research University Higher School of Economics.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:intare:v:10:y:2007:i:1:p:151-174. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://www.hufs.ac.kr/user/hufsenglish/re_1.jsp .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.