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논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2020.1
- 수록면
- 333 - 354 (22page)
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Imbs and Pauwels (2020) introduce a measure of openness based on indirect trade. This paper illustrates the differences in the Korean patterns of trade when openness is measured using conventional measures based on direct trade, and when it is measured using this measure of indirect trade, labeled Export Intensity (EI). According to EI, the Republic of Korea (Korea) has been following an upward trend in openness since 2000 and even after 2010. This stands in contrast with most other large trading countries, including China and Germany. We show this is a reflection of Korea’s integration with a few partner economies, most notably China. Vertical integration is considerable between Korea and China, in manufacturing and in services alike. The extent of this integration would be invisible on the basis of conventional measures of openness.
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참고문헌 (11)
참고문헌 신청
Alcalá, Francisco / 2004 / Trade and Productivity / The Quarterly Journal of Economics 119(2):613~646
Antràs, P / 2018 / World Trade Evolution: Growth, Productivity and Employment / Routledge
Antràs, Pol / 2013 / Organizing the Global Value Chain / Econometrica 81(6):2127~2204
Bems, Rudolfs / 2017 / Demand for Value Added and Value-Added Exchange Rates / American Economic Journal : Macroeconomics 9(4):45~90
Bems, Rudolfs / 2019 / Measuring trade in value added with Firm-Level Data
Antràs, P / 2018 / World Trade Evolution: Growth, Productivity and Employment / Routledge
Antràs, Pol / 2013 / Organizing the Global Value Chain / Econometrica 81(6):2127~2204
Bems, Rudolfs / 2017 / Demand for Value Added and Value-Added Exchange Rates / American Economic Journal : Macroeconomics 9(4):45~90
Bems, Rudolfs / 2019 / Measuring trade in value added with Firm-Level Data
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