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한국의 대일 추격 이중성과 지속가능성Duality and Sustainability in Korea: Catching up with Japan

Other Titles
Duality and Sustainability in Korea: Catching up with Japan
Authors
김용열
Issue Date
2016
Publisher
한국무역연구원
Keywords
China Factor; Deviation of Productivity; Discrepancy of Catch-up; Illusion Effect
Citation
무역연구, v.12, no.3, pp.275 - 291
Journal Title
무역연구
Volume
12
Number
3
Start Page
275
End Page
291
URI
https://scholarworks.bwise.kr/hongik/handle/2020.sw.hongik/8503
ISSN
1738-8112
Abstract
This study extends the research scope by examining the prospect of Korea catching up with Japan as it tries to analyze the relatively lagging aspects of catch-up performance toward the period from 1990 to 2010. Likewise, it assesses the catch-up performance of Korea under a changed environment after the year 2010. We found a big discrepancy between market and technological catch-up as well as a deviation of productivity indices within each industry. Moreover, the proportion of the largest firms in Korea for each industry is bigger than that of Japanese firms. In addition, catch-up performance of Korea in other sectors except for some industries that have overtaken their Japanese counterparts is relatively inferior and weak compared to those in Japan. When we examined the sustainability of catch-up performance starting 2010 and beyond, we concluded that the catch-up trend of Korea is not sustainable due to the change in its economic situation, the illusion effect of market performance and the China factor. Thus, the need for revitalization of catch-up activities and measures is essential.
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