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An Interindustry Analysis of Production Between Korea and Japan (Through The Foreign Trade)

Author

Listed:
  • Byung Hyun Kim

    (Hallym University)

Abstract

This study examines the interdependence of production between Korea and Japan through the foreign trade. The approach undertaken in this production analysis is to set up an input-output model in which the outputs of all producing sectors in both Korea and Japan are considered as variables. The study verifies the traditional theory that Korea is far more sensitive to relative growth in Japan, than is Japan to relative Korean growth. It also points to a conclusion that is perhaps not so well recognized: Japan is much more sensitive to changes in Korean economic activity than is Korea to changes in Japanese economic activity in absolute magnitude.

Suggested Citation

  • Byung Hyun Kim, 2001. "An Interindustry Analysis of Production Between Korea and Japan (Through The Foreign Trade)," Korean Economic Review, Korean Economic Association, vol. 17, pages 207-234.
  • Handle: RePEc:kea:keappr:ker-200112-17-2-02
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    File URL: http://keapaper.kea.ne.kr/RePEc/kea/keappr/KER-200112-17-2-02.pdf
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    More about this item

    Keywords

    Interindustry analysis; sentivity; dependence; vulnerability; competitive and non-competitive imports;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies

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