Asia-Pacific Journal of Business (아태비즈니스연구)

KNU The Institute of Management & Economy Research (강원대학교 경영경제연구소)
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A Comparative Analysis on the Export Competitiveness between Korea and China: Focusing on RCA and TSI

한·중 주요 수출품의 경쟁력 분석: RCA 및 TSI 지수를 중심으로

  • Shen, Zhi-Feng (Department of International Trade and Business, Kangwon National University) ;
  • Kim, Tae-In (Department of International Trade and Business, Kangwon National University) ;
  • Gu, Ji-Jian (Department of Economics and Management, ChongQing University of Art and Sciences)
  • 션즈펑 (강원대학교 국제무역학과) ;
  • 김태인 (강원대학교 국제무역학과) ;
  • 곡계건 (충칭문리대학교 경제관리학과)
  • Received : 2017.11.30
  • Accepted : 2017.12.22
  • Published : 2017.12.30
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Abstract

In this paper RCA and TSI has been analyzed based on Korean and Chinese lists of export (HS 6 units) and list of companies and products with competitive advantage has been deduced. The results of RCA and TSI analysis are as follows. From the list of 20 most exported items from Korea to China the RCA index for eleven of them (based on common items from 2011-2015) is bigger than 1, thus showing comparative advantage. As for the TSI index, all of the items has shown (+) value, and has been analyzed as specialization in export. In other words, companies in the fields of mineral fuel; mineral oil; organic chemicals; electrical equipment and parts; as well as optical, precision and medical instrument are industries with competitive advantage. From the list of 20 most exported items from China to Korea the RCA index for twelve of them (based on common items form 2011-2015) is bigger than 1, thus also showing comparative advantage, and the TSI index has also shown (+) value for all of the specified items, meaning specialization in export. Industries of mineral fuel; mineral oil; iron and steel, articles of iron and steel; machinery and mechanical parts, electrical equipment and parts; as well as optical, precision and medical instruments have shown competitive advantage.

Keywords

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