Export Relationships among China, Japan, and South Korea

被引:1
|
作者
Li, Muqun [2 ]
Liu, Wei [3 ]
Song, Shunfeng [1 ]
机构
[1] Univ Nevada, Dept Econ, Reno, NV 89557 USA
[2] SERIChina, Beijing 100022, Peoples R China
[3] New Zealand Embassy Beijing, Beijing 100600, Peoples R China
关键词
RATE PASS-THROUGH; J-CURVE; TRADE; COMPETITIVENESS; PRICE;
D O I
10.1111/j.1467-9361.2010.00570.x
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
This paper examines trades and trade relationships among China, Japan, and South Korea. It shows that China possesses a large comparative advantage in labor-intensive products, while Japan and Korea maintain large comparative advantages in capital-intensive products. Using quarterly data from 1981 to 2001, the paper evaluates the effect of yen depreciation on the exports of China and South Korea. Our empirical results prove a positive impact of depreciation of yen on China's exports but a negative impact on Korea's exports. This finding suggests that Japan is competing with South Korea in terms of exports, but not with China.
引用
收藏
页码:547 / 562
页数:16
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