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@article{ART001855028},
author={최영훈 and Nam, Dae-yub},
title={A Study on Steel Trade Structure and Export Competitiveness of Korea, China, and Japan},
journal={JOURNAL OF CHINESE STUDIES},
issn={1229-3806},
year={2014},
number={43},
pages={505-528},
doi={10.26585/chlab.2014..43.018}

TY - JOUR
AU - 최영훈
AU - Nam, Dae-yub
TI - A Study on Steel Trade Structure and Export Competitiveness of Korea, China, and Japan
JO - JOURNAL OF CHINESE STUDIES
PY - 2014
VL - null
IS - 43
PB - CHINESE STUDIES INSTITUTE
SP - 505
EP - 528
SN - 1229-3806
AB - Plagued by weak demand and overcapacity since global financial crisis in 2008, Korea, China, and Japan, accounting for more than 50% of world steel production and consumption, seek to increase export in order to overcome crisis. Especially rapid improvement of China steel industry's competitiveness seems to exert huge influence over change in trade structure in north east asian region. In order for empirical analysis, this study analyzes characteristics of steel trade among three countries and dynamic change in export competitiveness measured by Exports Similarity Index(ESI) and Revealed Comparative Advantage(RCA). This study found that influence of Korea, China, and Japan over world steel market is strengthening with steel exports of three countries surging. Second, competitiveness of China's steel industry is improving rapidly with high value added products like flat products switching from competitive advantage to disadvantage, resulting in becoming a huge threat against Korean steel industry. Finally, Korean steel industry's export competitiveness keeps weakening. Overall, Korea's steel industry is facing 'Sandwich Crisis' where Japan maintains it's competitiveness in the fields of high value added flat products, with China steel industry's technical skills improving quickly.
KW - Korea;China;Japan;Steel Industry;Export;Competitiveness;ESI;RCA
DO - 10.26585/chlab.2014..43.018
ER -

최영훈 and Nam, Dae-yub. (2014). A Study on Steel Trade Structure and Export Competitiveness of Korea, China, and Japan. JOURNAL OF CHINESE STUDIES, 43, 505-528.

최영훈 and Nam, Dae-yub. 2014, "A Study on Steel Trade Structure and Export Competitiveness of Korea, China, and Japan", JOURNAL OF CHINESE STUDIES, no.43, pp.505-528. Available from: doi:10.26585/chlab.2014..43.018

최영훈, Nam, Dae-yub "A Study on Steel Trade Structure and Export Competitiveness of Korea, China, and Japan" JOURNAL OF CHINESE STUDIES 43 pp.505-528 (2014) : 505.

최영훈, Nam, Dae-yub. A Study on Steel Trade Structure and Export Competitiveness of Korea, China, and Japan. 2014; 43 : 505-528. Available from: doi:10.26585/chlab.2014..43.018

최영훈 and Nam, Dae-yub. "A Study on Steel Trade Structure and Export Competitiveness of Korea, China, and Japan" JOURNAL OF CHINESE STUDIES no.43(2014) : 505-528.doi: 10.26585/chlab.2014..43.018

최영훈; Nam, Dae-yub. A Study on Steel Trade Structure and Export Competitiveness of Korea, China, and Japan. JOURNAL OF CHINESE STUDIES, 43, 505-528. doi: 10.26585/chlab.2014..43.018

최영훈; Nam, Dae-yub. A Study on Steel Trade Structure and Export Competitiveness of Korea, China, and Japan. JOURNAL OF CHINESE STUDIES. 2014; 43 505-528. doi: 10.26585/chlab.2014..43.018

최영훈, Nam, Dae-yub. A Study on Steel Trade Structure and Export Competitiveness of Korea, China, and Japan. 2014; 43 : 505-528. Available from: doi:10.26585/chlab.2014..43.018

최영훈 and Nam, Dae-yub. "A Study on Steel Trade Structure and Export Competitiveness of Korea, China, and Japan" JOURNAL OF CHINESE STUDIES no.43(2014) : 505-528.doi: 10.26585/chlab.2014..43.018