초록

용어보기논문에서 용어와 풀이말을 자동 추출한 결과로, 시범 서비스 중입니다. AI-Helper

Abstract ▼ AI-Helper

This paper, based on an analysis of the International Input-Output Table Japan-Korea (1985, 1990) and the Asian International Input-Output Table (1995), focuses on analyzing the structural factors in the trade unbalance between Japan and Korea after the Plaza Accord, an agreement that triggered a d...

This paper, based on an analysis of the International Input-Output Table Japan-Korea (1985, 1990) and the Asian International Input-Output Table (1995), focuses on analyzing the structural factors in the trade unbalance between Japan and Korea after the Plaza Accord, an agreement that triggered a drastic appreciation of the yen. Considering the industrial structures of the two countries and the structure of the trade between them, special attention was paid to the manufacturing sectors. The manufacturing sectors were analyzed on the basis of a more detailed industrial classification than other sectors. In particular, we measured the international technological specialization (ITS) index between Korea and Japan, which provided a foundation for studying the structure of Korea's heavy dependence on Japan-made intermediate inputs. The ITS index shows the amount of intermediate goods that certain industries in two countries import from each other, and serves as a good indicator of the country's dependency on imports for intermediate inputs. The empirical results showed that Korea still depends quite heavily on imported intermediate inputs from Japan, particularly in the machinery industry. The results also showed clearly that Japan is gradually becoming more dependent on Korean-made intermediate inputs. This implies that the technology gap between Korea and Japan has gradually narrowed throughout the sample period.