Global Value Chain of Korea’s Automobile Industry in the Global Economy

Sone, Esambe; Ko, Jong-Hwan

doi:10.16980/jitc.16.5.202010.1

Cited by 2 publications

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“…Sone [36] delved into the position of South Korea within the global automotive industry's value chain. The study revealed that primary export destinations for South Korea included the United States, Russia, China, and Canada.…”

Section: Literature Reviewmentioning

confidence: 99%

Examining the Bilateral Relationship between Mexico and South Korea through the Trade in Value-Added Perspective, 2000–2021

Morales-López,

Quintana-Romero,

Mun

et al. 2023

Mathematics

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This article examines the trade relationship between Mexico and South Korea through the lens of trade in value-added perspective. Using the global input–output model, we dissect gross exports into their value-added components to analyze the sectors benefiting most from value-added generation in both countries. To do this, we use the multiregional input–output matrices developed by the Asian Development Bank (ADB). The results show a growing bilateral relationship between 2000 and 2021, with South Korea having a stronger position by generating a larger share of value-added linked to the bilateral relationship. Nevertheless, the gap has narrowed over time. Notably, South Korean exports to Mexico have substantially contributed to value-added generation in technology-based manufacturing sectors such as machinery, equipment, electronics, electrical, and optical products. Similarly, Mexico’s mining sector increasingly relies on exports to South Korea for value-added generation. The trends observed in this study’s findings persist even amidst the reconfiguration of Global Value Chains, indicating that a free trade agreement between Mexico and South Korea has the potential to further enhance value-added generation.

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Section: Literature Reviewmentioning

confidence: 99%

Examining the Bilateral Relationship between Mexico and South Korea through the Trade in Value-Added Perspective, 2000–2021

Morales-López,

Quintana-Romero,

Mun

et al. 2023

Mathematics

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Global Value Chain and the Changing Roles of Country and Industry Effects in International Portfolio Diversification

Chen,

Yang,

Hou

et al. 2024

Complexity

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We find that in the upstream status of global value chain, country effects are relatively stronger than industry effects; industry effects dominate country effects downstream of the global value chain. During financial crisis, downstream in the value chain, the influence of industry effects waned and country effects rose. Moreover, for developed countries, the negative impact of the upstream status of value chain weakened considerably; the impact of upstream status strengthened for emerging markets after the subprime mortgage crisis. For tradable industries, the negative impact of global value chain upstream status on pure industry‐specific returns strengthens significantly.

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Global Value Chain of Korea’s Automobile Industry in the Global Economy

Cited by 2 publications

References 0 publications

Examining the Bilateral Relationship between Mexico and South Korea through the Trade in Value-Added Perspective, 2000–2021

Examining the Bilateral Relationship between Mexico and South Korea through the Trade in Value-Added Perspective, 2000–2021

Global Value Chain and the Changing Roles of Country and Industry Effects in International Portfolio Diversification

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