Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/233557 
Authors: 
Year of Publication: 
2021
Citation: 
[Journal:] KDI Journal of Economic Policy [ISSN:] 2586-4130 [Volume:] 43 [Issue:] 1 [Publisher:] Korea Development Institute (KDI) [Place:] Sejong [Year:] 2021 [Pages:] 29-52
Publisher: 
Korea Development Institute (KDI), Sejong
Abstract: 
The purpose of this paper is to measure the impact of the recent Korea-Japan trade dispute on the Korean economy using supply-driven input-output analysis. In July 2019, Japan announced the decision to tighten the export control of three materials which are indispensable in the manufacturing of semiconductors and electronic display panels. Japan's decision directly affects production in Korea's semiconductor and display sectors and is hence not a demand shock. For this reason, a standard demand-driven input-output analysis is not valid despite the fact that it can still be applied. The impact of Japan's decision on Korea's aggregate and individual sectors' gross output, GDP and employment were computed using both methods.
Subjects: 
Supply-driven Input-Output Analysis
Demand-driven Input-Output Analysis
Korea-Japan Trade Dispute
JEL: 
D57
F13
F14
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-sa Logo
Document Type: 
Article

Files in This Item:
File
Size
620.04 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.