@article{ART002836431,
author={김동수 and 구지현 and 정재호},
title={Examination of Trade Imbalance between Korea and Mexico from Global Value Chain Perspective},
journal={이베로아메리카 연구},
issn={1598-7779},
year={2022},
volume={33},
number={1},
pages={25-51},
doi={10.22927/snuibe.2022.33.1.25}
}

TY - JOUR
AU - 김동수
AU - 구지현
AU - 정재호
TI - Examination of Trade Imbalance between Korea and Mexico from Global Value Chain Perspective
T2 - 이베로아메리카 연구
JO - 이베로아메리카 연구
PY - 2022
VL - 33
IS - 1
PB - 라틴아메리카연구소
SP - 25
EP - 51
SN - 1598-7779
AB - This paper analyzes the long-standing trade imbalance between Korea and Mexico based on Global Value Chain (GVC) perspective comparing to gross exports. By decomposing gross exports into 16 value-added terms with OECD Trade in Value-Added database, it figures out various features about trade relation between them. First, it is reasonable for Mexico to be dissatisfied because Korea had never recorded a trade deficit in terms of the GVC from 1995 to 2018. Second, the value-added that Korea actually obtained from trade was smaller than in terms of gross exports. Third, Mexico benefited more in terms of efficiency of trade, as the share of value-added in gross exports was larger than Korea. Fourth, the manufacturing industry was the most influential factor that caused the overall trade imbalance, while the bilateral trade relation in the service was the most balanced one. Finally, this paper provides implications that trade policies or strategies should be established considering not only gross exports, but also value-added.
KW - Korea, Mexico, Trade Imbalance, Value-added, Global Value Chain
DO - 10.22927/snuibe.2022.33.1.25
ER -

김동수, 구지현 and 정재호. 2022, "Examination of Trade Imbalance between Korea and Mexico from Global Value Chain Perspective", 이베로아메리카 연구, vol.33, no.1 pp.25-51. Available from: doi:10.22927/snuibe.2022.33.1.25

김동수, 구지현, 정재호 "Examination of Trade Imbalance between Korea and Mexico from Global Value Chain Perspective" 이베로아메리카 연구 33.1 pp.25-51 (2022) : 25.

김동수, 구지현, 정재호. Examination of Trade Imbalance between Korea and Mexico from Global Value Chain Perspective. 2022; 33(1), 25-51. Available from: doi:10.22927/snuibe.2022.33.1.25

김동수, 구지현 and 정재호. "Examination of Trade Imbalance between Korea and Mexico from Global Value Chain Perspective" 이베로아메리카 연구 33, no.1 (2022) : 25-51.doi: 10.22927/snuibe.2022.33.1.25

김동수; 구지현; 정재호. Examination of Trade Imbalance between Korea and Mexico from Global Value Chain Perspective. 이베로아메리카 연구, 33(1), 25-51. doi: 10.22927/snuibe.2022.33.1.25

김동수; 구지현; 정재호. Examination of Trade Imbalance between Korea and Mexico from Global Value Chain Perspective. 이베로아메리카 연구. 2022; 33(1) 25-51. doi: 10.22927/snuibe.2022.33.1.25

김동수, 구지현, 정재호. Examination of Trade Imbalance between Korea and Mexico from Global Value Chain Perspective. 2022; 33(1), 25-51. Available from: doi:10.22927/snuibe.2022.33.1.25

김동수, 구지현 and 정재호. "Examination of Trade Imbalance between Korea and Mexico from Global Value Chain Perspective" 이베로아메리카 연구 33, no.1 (2022) : 25-51.doi: 10.22927/snuibe.2022.33.1.25