The Emergence of Competitiveness in Korea-China Ship Distribution Industry
- 한국유통과학회
- 유통과학연구(JDS)
- 제13권 제7호
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2015.0711 - 18 (8 pages)
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Purpose - This paper reviews the changes in the ship export and import structure between Korea and China. It utilizes the comparative advantage trade theory to analyze time-series stat-istical data from the market share index, revealed comparative advantage index (RCA), and trade specialization index(TSI). Research design, data, and methodology - Based on their economic phases, both Korea and China have similar country characteristics. The purpose of this research is to understand the two country's trade structures to fortify the Korea-Sino eco-nomic relationship including verifying what is working and what is not. Results - Based on the analysis, bilateral economic activity to achieve a plus trade stimulus environment should be realized in the long run. Both countries should establish guarantee-free trade negotiations and boundaries instead of various non-tariff barriers. Conclusion - Reviewing the research, a sound competitive re-lationship can be grown for mutual benefit including export mar-ket diversification in the near future. The review of the Korea-Sino ship industry is keenly important and investigative research about it is timely because it is a major industry in each country.
Abstract
1. Introduction
2. Previous study
3. Present status and characteristic for Korea-China Ship industry
4. Structural analysis of ship industry between Korea-China
5. Conclusions
References
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