earticle

영어

This study investigates the influence of international oil price on the Industry Trade in Korea. This study was analyzed using cointegration and vector error correction models. International oil prices on exports seems to be a positive relationship. Depending on the rise in international oil prices means an increase in exports of Korea exports. Impact on international oil prices when exporting light industry appears to be the most high-impact, IT industry has the lowest influence. In addition, international oil prices in the producer price positive relationship respectively.