A Study on the Trade Patterns of Korea,China and Japan in the ASEAN Market

项目来源

韩国国家研究基金(NRF)

项目主持人

손정수

项目受资助机构

국민대학교

立项年度

2017

立项时间

未公开

项目编号

2017S1A5B5A07065062

项目级别

国家级

研究期限

未知 / 未知

受资助金额

14000000.00韩元

学科

사회과학

学科代码

未公开

基金类别

학술·인문사회사업-SD-Research-학문후속세대양성

关键词

한중일 ; 아세안 ; 현시비교우위 ; 현시대칭비교우위 ; 마르코프전이행렬 ; 무역패턴 ; ASEAN Free Trade Agreement ; Korea ; China and Japan ; Trade Patterns ; Revealed Comparative Advantage ; Markov transition matrix

参与者

未公开

参与机构

未公开

项目标书摘要:Research Summary:In order to analyze the change in the trade pattern and the comparative advantage of products and items after the agreement of FTA between three countries(Korea,China,and Japan)in the ASEAN market,this study utilized the revealed comparative advantage and the present symmetry comparative advantage which are afterward divided into five sectors(basic goods sector,natural resource intensive sector,unskilled labor intensive sector,technology intensive sector,etc.)based on the factor intensity.To achieve the purpose of this study,the Markov Transition Probability Matrix was hired to analyze the period of the first year of the FTA agreement with the ASEAN to the seventh year.The result of the analysis revealed that Korea had the lowest competitiveness in all of the five sectors according to the factor intensity whereas China had the highest competitiveness in all of the sectors.Japan,however,maintained higher competitiveness than Korea in all of the sectors except the basic goods sector.Korea was shown to be highly sustainable in the products with medium comparative advantage and the weak comparative advantage when it comes to the sector of basic goods and in the products with medium comparative advantage when it comes to the natural resource intensive sector.Furthermore,Korea was analyzed to be more sustainable than China and Japan in the products with medium comparative advantage in the technology-intensive and human capital-intensive sector except in some of the products with weak comparative advantage.The result also found that Korea overpowered Japan in the non-skilled labor-intensive sector which,however,would be meaningless since China was overwhelmingly dominant in this sector.From the result of the analysis,it can be concluded that despite the fact that the total amount of Korea's export had increased,its competitiveness had continuously decreased in the ASEAN market.Moreover,it was also found that China had become gradually stronger in the ASEAN market while Japan was not able to overcome China when it comes to the technology-intensive sector and a human capital-intensive sector in the ASEAN market.Due to the fact that the industrial policy and the mainstream industry of these three countries(Korea,Japan,and China)often overlaps with each other,they have been fiercely competing in the world market.Therefore,it is easily expected that this situation would occur in the ASEAN market as well.All in all,the result showed that even though Korea expanded its market accessibility by agreeing FTAs in the ASEAN market,it would not be able to overpower China and Japan,which,in turn,leads to the gradually-lower-competitiveness in the commodity and items.

Application Abstract: Research Summary:In order to analyze the change in the trade pattern and the comparative advantage of products and items after the agreement of FTA between three countries(Korea,China,and Japan)in the ASEAN market,this study utilized the revealed comparative advantage and the present symmetry comparative advantage which are afterward divided into five sectors(basic goods sector,natural resource intensive sector,unskilled labor intensive sector,technology intensive sector,etc.)based on the factor intensity.To achieve the purpose of this study,the Markov Transition Probability Matrix was hired to analyze the period of the first year of the FTA agreement with the ASEAN to the seventh year.The result of the analysis revealed that Korea had the lowest competitiveness in all of the five sectors according to the factor intensity whereas China had the highest competitiveness in all of the sectors.Japan,however,maintained higher competitiveness than Korea in all of the sectors except the basic goods sector.Korea was shown to be highly sustainable in the products with medium comparative advantage and the weak comparative advantage when it comes to the sector of basic goods and in the products with medium comparative advantage when it comes to the natural resource intensive sector.Furthermore,Korea was analyzed to be more sustainable than China and Japan in the products with medium comparative advantage in the technology-intensive and human capital-intensive sector except in some of the products with weak comparative advantage.The result also found that Korea overpowered Japan in the non-skilled labor-intensive sector which,however,would be meaningless since China was overwhelmingly dominant in this sector.From the result of the analysis,it can be concluded that despite the fact that the total amount of Korea's export had increased,its competitiveness had continuously decreased in the ASEAN market.Moreover,it was also found that China had become gradually stronger in the ASEAN market while Japan was not able to overcome China when it comes to the technology-intensive sector and a human capital-intensive sector in the ASEAN market.Due to the fact that the industrial policy and the mainstream industry of these three countries(Korea,Japan,and China)often overlaps with each other,they have been fiercely competing in the world market.Therefore,it is easily expected that this situation would occur in the ASEAN market as well.All in all,the result showed that even though Korea expanded its market accessibility by agreeing FTAs in the ASEAN market,it would not be able to overpower China and Japan,which,in turn,leads to the gradually-lower-competitiveness in the commodity and items.

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