Araştırma Makalesi

Intra-Industry Trade in High-Tech Product Groups within the South Korean Manufacturing Industry

Cilt: 26 Sayı: 1 21 Ocak 2025
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Intra-Industry Trade in High-Tech Product Groups within the South Korean Manufacturing Industry

Abstract

The aim of this article is to determine the extent to which South Korea and other countries with which it has foreign trade relations are similar in terms of manufacturing industries producing high-tech products. To achieve this, the article analyses the intra-industry trade (IIT) of South Korea's manufacturing industry producing high-tech (high value-added) products. To this end, calculations were made using the Grubel-Lloyd index, which is the most widely used in the literature, with 3-digit (SITC-Rev.3) foreign trade data within the manufacturing sector for the period 2010-2022. With regard to South Korea's high-tech manufacturing industry and its foreign trade partners, it has been observed since 2010 that the IIT values in question exceed 0,57, with a value of 0,74 being reached in 2022. Conversely, while standard technology products played a significant role in achieving high IIT values in 2010, the increasing IIT values of high technology products since 2015 have been instrumental in South Korea's attainment of high IIT values. Furthermore, it has been established that this value is particularly concentrated in the machinery and transport sector and the chemical sector. It can thus be concluded that South Korea's foreign trade with other countries in the same or similar product groups is dominated by high-tech exports. Additionally, it has been observed that manufacturing industry products, which were previously included in inter-industry trade, have undergone a transformation towards IIT and have contributed to high IIT values. In order for South Korea to become a more prominent player in intra-industry trade in high-tech products, it is necessary for the country to implement more flexible production strategies and develop more comprehensive supply chains.

Keywords

Etik Beyan

Etik kurul izni ve/veya yasal/özel izin alınmasına gerek olmayan bu çalışmada araştırma ve yayın etiğine uyulmuştur.

Kaynakça

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Ayrıntılar

Birincil Dil

İngilizce

Konular

Ekonomi Teorisi (Diğer)

Bölüm

Araştırma Makalesi

Erken Görünüm Tarihi

19 Ocak 2025

Yayımlanma Tarihi

21 Ocak 2025

Gönderilme Tarihi

15 Ekim 2024

Kabul Tarihi

29 Aralık 2024

Yayımlandığı Sayı

Yıl 2025 Cilt: 26 Sayı: 1

Kaynak Göster

APA
Aydemir, M. F., & Kemer, O. B. (2025). Intra-Industry Trade in High-Tech Product Groups within the South Korean Manufacturing Industry. Cumhuriyet Üniversitesi İktisadi ve İdari Bilimler Dergisi, 26(1), 196-210. https://izlik.org/JA73GR99KW

Cumhuriyet Üniversitesi İktisadi ve İdari Bilimler Dergisi Creative Commons Atıf-GayriTicari 4.0 Uluslararası Lisansı (CC BY NC) ile lisanslanmıştır.