Abstract By employing the Revealed Comparative Advantage Index and Product Export Similarity Index to analyze the export structure of manufactured goods between China and South Korea, the paper testifies that the export similarity of manufactured goods between China and South Korea has been increasing, the export structure of the two countries tends to be more convergent, and Sino-South Korea competition on the world market has been intensifying. The trade relationship between China and South Korea is changing from the complementary relationship in the early stage into the competition relationship at present, and the competition is getting more and more intense. The paper studies the reasons contributing to this change. Finally it suggests that China and South Korea should strengthen the cooperative labor-division in manufactured goods industries so as to avoid disorderly competition on the world market.
|
Received: 17 November 2006
|
|
|
|