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The Role of Manufacturing Competitiveness in the COVID-19 Recovery in Korea

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Abstract

This paper aims to explain the state of Korea’s manufacturing competitiveness and assess whether the Korean manufacturing industry has acted as an economic support during the COVID-19 pandemic through a cross-country analysis. In addition, this paper identifies what the driving force is behind the role of Korea’s manufacturing industry in overcoming the COVID-19 crisis and presents policy implications for sustainable growth of the Korean manufacturing industry.

Suggested Citation

  • Hwang, Kyung In, 2021. "The Role of Manufacturing Competitiveness in the COVID-19 Recovery in Korea," Industrial Economic Review 21-12, Korea Institute for Industrial Economics and Trade.
    • Handle: RePEc:ris:kieter:2021_012
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    File URL: https://www.kiet.re.kr/en/pub/ecoreviewDetailView?detail_no=917&year=2021&month=&sval=
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    More about this item

    Keywords

    COVID-19; manufacturing; economic recovery; competitiveness; manufacturing competitiveness; Korea;
    All these keywords.

    JEL classification:

    • F44 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Business Cycles
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions
    • N10 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - General, International, or Comparative

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