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An Analysis of South Korea's industries exporting to Japan

Author

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  • Joong-Ho Kook

    (Yokohama City University)

Abstract

South Korea has chronically recorded huge trade deficit with Japan. The excessively skewed trade towards a particular country can make bilateral trade undesirable and lead to inefficiencies because economic activity options of the country that is deeply dependent on another country are limited so much. This paper analyzes South Korea's industries exporting to Japan, reviewing bilateral trade relations between the two countries. The four categories can be obtained in Korea's industries exporting to Japan based on the classification of HS (Harmonized System): vigorous industries, stable industries, unstable industries, and declining industries. The development of the industries such as electrical machinery and equipment, and their parts etc. is recommended for Korea to reduce the trade gaps at the viewpoint that the industries can have strong potentials in Japanese market.

Suggested Citation

  • Joong-Ho Kook, 2014. "An Analysis of South Korea's industries exporting to Japan," The Northeast Asian Economic Review, ERINA - Economic Research Institute for Northeast Asia, vol. 2(2), pages 75-90, October.
    • Handle: RePEc:eri:review:2:2:75-90
    as

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    References listed on IDEAS

    as
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    3. Inkyo Cheong, 2013. "Importance of Public Outreach to the FTA Policy: The Case of Korea," The Northeast Asian Economic Review, ERINA - Economic Research Institute for Northeast Asia, vol. 1(1), pages 41-50, March.
    4. Gentry, William M. & Ladd, Helen F., 1994. "State Tax Structure and Multiple Policy Objectives," National Tax Journal, National Tax Association, vol. 47(4), pages 747-72, December.
    Full references (including those not matched with items on IDEAS)

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