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학술논문

韓國工業의 成長率分析

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영문명
An Analysis on the Growth Rate of Korean Manufacturing Industry
발행기관
서울대학교 경제연구소
저자명
Byung-June Whang(黃炳晙)
간행물 정보
『경제논집』경제논집 4권 3호, 1~28쪽, 전체 27쪽
주제분류
경제경영 > 경제학
파일형태
PDF
발행일자
1965.09.30
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국문 초록

영문 초록

I. The Growth and Structure of Korean Economy This thesis aims to analyse the growth rate of Korean manufacturing industry. It is necessary, however, that we look into the growth rate and structure of national economy of this country before we examine the essential points. The first chapter of this thesis is consisted of the following three sections: 1. Trend of Economic Growth Rate The rate and trend of Korean economic growth in the past 16 years (1948-64) were analysed here. As you see in Table 1 Korean economy was doubled in scale during this period, and its average economic growth rate per year showed 5.5%. In details, an average growth rate of secondary industry was increased by 14.9% per year. This growth rate of 14.9% is much higher than those of any other industries. On the contrary, primary industry showed the lowest average growth rate of 3.3% per year (see Table 1). Actually, during the past 20 years of 1945-64, we had had a series of social and political insecurities including the Korean War which lasted three years, and the two political revolutions. As a result, it can be easily understood that the growth of Korean economy in this period could not show a favorable upward trend, and its fluctuations were pretty remarkable. 2. Changes of the Industrial Structure During the same period, the different growth rate by industry has brought about a considerable changes of the industrial structure. In Table 5 we can see that the proportions of primary, secondary and tertiary industries to GNP consisted of 46.3%, 8.6% and 45.1% in 1948 but those are changed into 31.4%, 22.4%, and 46.2% in 1964. So to speak, as the result of rapid growth in the secondary industry including mining, manufacturing and electric power, the notable improvement of the industrial structure has been realized. This means in brief the industrialization of Korean economy. Now, focusing our attentions on manufacturing industry, we can point out in Table 6 that its average growth rate per year during 1953-64 amounted to 10.9% twice as high as that of the whole economy. Consequently the proportion of manufacturing industry to GNP was increased from 8.0% in 1953 to 14.3% in 1964 (see Table 7 and 16), and so we dare to say that Korean economy has been strikingly industrialized during the past 10 years. 3. Direction and Problems for the Improvement of Industrial Structure In spite of such an outstanding improvement of the industrial structure, still the proportion of primary industry including agriculture, forestry and fishery to GNP occupies 31.4 % in 1964 while that of tertiary industry indicates 46.2% in the same year. This means that the structure of Korean industry has not yet emerged out of its traditional backwardness and deformity. Under such a present condition it would be unreasonable and more almost impossible to convert at one time the present industrial structure into a developed country's model which shows the order of the weight to GNP to be tertiary industry, secondary industry and then primary industry. Therefore, I would like to say the reasonability should be insisted that for the time being the readjustment of the industrial structure in Korea will be made on the basis of such an order as the proportion of primary industry to GNP is highest and that of a secondary industry lowest. II An Analysis on the Growth Rate and its Trend of Korean Manufacturing Industry. This part is the core of this analysis. I carried out an analysis on the growth rate before 1945, and the trend of Korean manufacturing industry for the period from the liberation of 1945 to 1964, and also for the long period under the Japanese rule before. It is because that Korean manufacturing industry of nowadays is closely related to the structural deformity inherited by Japanese imperialistic rule over this country. Hence, the growth rate and its trend of manufacturing industry were figured out and examined as follows: (1) for the period about 20 years b

목차

Ⅰ 國民經濟의 成長과 構造變化
Ⅱ 工業成長推移의 분석

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APA

Byung-June Whang(黃炳晙). (1965).韓國工業의 成長率分析. 경제논집, 4 (3), 1-28

MLA

Byung-June Whang(黃炳晙). "韓國工業의 成長率分析." 경제논집, 4.3(1965): 1-28

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