Export Relationships among China, Japan, and South Korea
AbstractThis paper examines trades and trade relationships among China, Japan, and South Korea. It shows that China possesses a large comparative advantage in labor-intensive products, while Japan and Korea maintain large comparative advantages in capital-intensive products. Using quarterly data from 1981 to 2001, the paper evaluates the effect of yen depreciation on the exports of China and South Korea. Our empirical results prove a positive impact of depreciation of yen on China's exports but a negative impact on Korea's exports. This finding suggests that Japan is competing with South Korea in terms of exports, but not with China. Copyright (C) 2010 Blackwell Publishing Ltd.
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Review of Development Economics.
Volume (Year): 14 (2010)
Issue (Month): s1 (08)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=1363-6669
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- Athukorala, Premachandra & Menon, Jayant, 1994.
"Pricing to Market Behaviour and Exchange Rate Pass-Through in Japanese Exports,"
Royal Economic Society, vol. 104(423), pages 271-81, March.
- Prema-chandra Athukorala & Jayant Menon, 1992. "Pricing to Market Behaviour and Exchange Rate Pass-Through in Japanese Exports," Working Papers 1992.32, School of Economics, La Trobe University.
- Athukorala, Premachandra, 1991.
"Exchange rate pass-through : The case of Korean exports of manufactures,"
Elsevier, vol. 35(1), pages 79-84, January.
- Prema-chandra Athukorala, 1990. "Exchange Rate Pass Through: The Case of Korean Exports of Manufacturers," Working Papers 1990.08, School of Economics, La Trobe University.
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