IDEAS home Printed from
   My bibliography  Save this article

South Korea's Marginal Intra-Industry Trade and the Choice of Preferential Partners


  • Hyun-Hoon Lee

    (Division of Economics and International Trade Kangwon National University Hyoja 2-dong, Chuncheon 200-701 South Korea)

  • Chan-Hyun Sohn

    (Korea Institute for International Economic Policy 300-4, Yomgok-dong, Seocho-gu Seoul 137-747 South Korea)


South Korea recently signed a free trade agreement (FTA) with Chile and is currently negotiating or studying bilateral FTAs with about 20 countries. However, some South Koreans oppose such agreements because they fear that trade liberalization would result in costly factor adjustment. Many researchers believe that intra-industry trade expansion generates smaller inter-industry factor adjustment (and therefore lower costs) compared with the costs associated with inter-industry trade expansion. This paper analyzes the extent and nature of intra-industry trade and marginal intra-industry trade in South Korea, to help predict the relative costs it might face upon opening its markets to various countries. Copyright (c) 2005 Center for International Development and the Massachusetts Institute of Technology.

Suggested Citation

  • Hyun-Hoon Lee & Chan-Hyun Sohn, 2004. "South Korea's Marginal Intra-Industry Trade and the Choice of Preferential Partners," Asian Economic Papers, MIT Press, vol. 3(3), pages 94-116.
  • Handle: RePEc:tpr:asiaec:v:3:y:2004:i:3:p:94-116

    Download full text from publisher

    File URL:
    File Function: link to full text
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Justyna Lapinska, 2014. "Determinants of Intra-Industry Trade in Agricultural and Food Products between Poland and EU Countries," DANUBE: Law and Economics Review, European Association Comenius - EACO, issue 3, pages 159-172, September.

    More about this item


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tpr:asiaec:v:3:y:2004:i:3:p:94-116. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Kristin Waites). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.