The Import Patterns of the Korean Agro-manufactures
Authors
Yu Hong, Yumeng Yang, Xiaowei Mu
Corresponding Author
Xiaowei Mu
Available Online January 2019.
- DOI
- 10.2991/mmssa-18.2019.26How to use a DOI?
- Keywords
- Korea; import pattern; agricultural manufactures; granger causal relationship
- Abstract
Using annual trade data during the period of 1976-2016, this study conducted co- integration analysis of the Korean trade pattern in the imports of agricultural manufactures. We find that Korea has comparative disadvantage and trade deficits in the imports of agricultural manufactures. Granger causality tests indicates that in short-run, there is no Granger causality between the improvements in trade balance and comparative advantages in the Korean imports of agricultural manufactures; in the long-run, the efforts adversely hurt the comparative advantages.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Yu Hong AU - Yumeng Yang AU - Xiaowei Mu PY - 2019/01 DA - 2019/01 TI - The Import Patterns of the Korean Agro-manufactures BT - Proceedings of the 2018 International Conference on Mathematics, Modeling, Simulation and Statistics Application (MMSSA 2018) PB - Atlantis Press SP - 109 EP - 112 SN - 1951-6851 UR - https://doi.org/10.2991/mmssa-18.2019.26 DO - 10.2991/mmssa-18.2019.26 ID - Hong2019/01 ER -