Analysis of Influential Factors of China-korea Manufacturing Intra-industry Trade
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DOI: 10.38007/Proceedings.0000141
Corresponding Author
Penghui Fu
Abstract
Previous research shows that trade between China and South Korea is dominated by intra-industry trade, and trade in manufacturing products accounts for more than 92% of the trade volume between the two countries. This article analyzes the background, current situation and existing problems of China-Korea manufacturing intra-industry trade, and calculates the GL index representing the level of China-Korea manufacturing intra-industry trade from 2008 to 2017. Based on the theory, we selected South Korea's direct investment in China, the per capita income gap between China and South Korea, the level of Chinese manufacturing technology, the degree of openness of the Chinese and Korean markets, and economies of scale. The multiple linear regression models were used to analyze China and South Korea Influencing factors of intra-industry trade in manufacturing.
Keywords
Intra-industry trade; Chinese and Korean manufacturing; GL index