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A Derivation of Potential Korean Exports to Africa

Author

Listed:
  • Kim, Heungchong

    (Korea Institute for International Economic Policy)

  • Park, Youngho

    (Korea Institute for International Economic Policy)

Abstract

The aim of the paper is to derive potential Korean exports to major African countries. Park (2001) adopted conventional RCA and MCA techniques to evaluate the relative performance of Korean exports to draw up a list of recommendable exports to Africa. We improve Park's results in two ways; first, we develop a new indicator reflecting the characteristics of the African market, which was ignored in the former analysis, and second, we derive the RCA and MCA values of Chinese and Japanese exports to Africa and compare them with those of Korean products. The final list of Korea's potential exports to the African market is carefully derived and we find that competing with Japanese exports rather than Chinese ones is a more appropriate strategy for amending Korea's record of underperforming exports to Africa.

Suggested Citation

  • Kim, Heungchong & Park, Youngho, 2002. "A Derivation of Potential Korean Exports to Africa," East Asian Economic Review, Korea Institute for International Economic Policy, vol. 6(2), pages 123-155, December.
    • Handle: RePEc:ris:eaerev:0226
    DOI: 10.11644/KIEP.JEAI.2002.6.2.98
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    More about this item

    Keywords

    African Market; Missing Export; Marketability;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F18 - International Economics - - Trade - - - Trade and Environment
    • O55 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Africa

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