학술논문
Containing China versus Choking the Asian Economy
이용수 15
- 영문명
- Containing China versus Choking the Asian Economy
- 발행기관
- 한국무역학회
- 저자명
- 정인교 임병호 유예리
- 간행물 정보
- 『Journal of Korea Trade (JKT)』Vol.27 No.5, 137~152쪽, 전체 16쪽
- 주제분류
- 경제경영 > 무역학
- 파일형태
- 발행일자
- 2023.10.31
4,720원
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국문 초록
영문 초록
Purpose - Although many existing studies on the US-China hegemonic conflict and decoupling have been published, most of them are qualitative and use descriptive analysis methods. Papers that quantitatively analyzed decoupling mainly estimate the effect of a tariff increase. However, this paper quantitatively analyzed the ripple effect by focusing on decoupling technology spillover between the United States and China. And, for the first time, it was suggested that the blocking of technology spillover could give a fatal blow to the East Asian economy as well as China.
Design/methodology - The United States is pursuing decoupling with China, primarily in goods trade and blocking technology transfer. This paper sets up various scenarios and uses three computational general equilibrium (CGE) models to analyze the overall ripple effects of decoupling. A paper using the three CGE models for decoupling ripple effect analysis has not yet been published.
Findings - Decoupling will hit the economies of regions with close economic ties to China more than others. According to simulation results of this study, the Chinese economy may suffer severe damage that is difficult to recover from, and the economies of Asian countries are predicted to deteriorate to the point of being choked.
Originality/value - Existing papers that assessed the effect of decoupling mostly focus on estimating the effect itself through tariff hikes. This paper is meaningful in that it comprehensively analyzed decoupling by adding the effect of technology spillover blockade. In addition, another meaning can be found in that it quantified for the first time that it will deal a huge blow to the extent of choking the East Asian economy as well as China.
목차
1. Introduction
2. Literature Review of the Impact from US-China Decoupling
3. Simulation Models and Decoupling Shocks
4. Simulation results and interpretations
5. Conclusions
References
키워드
해당간행물 수록 논문
- Journal of Korea Trade (JKT) Vol.27 No.5 목차
- FDI and the Evolution of Directed Technological Progress Bias: New Evidence from Korean Outward Investment
- Revisiting the Role of Imported Inputs in Asian Economies
- Impact of Logistics 4.0 Technology Adoption on Logistics Performance: The Mediating Effect of Logistics Innovation Capability and the Mediated Moderation Effect of Firm Size
- The Effect of Economic and Infrastructure Factors on the Formation of Electric Vehicle Supply Chain and Optimal Location Selection: Korea-US FDI
- Legal Implications of U.S. CVD on Tires and Undervalued Currency in the WTO's SCM
- The Effect of Trade Agreements on Korea’s Bilateral Trade Volume: Mitigating the Impact of Economic Uncertainty in Trading Countries
- A Study on Co-movements and Information Spillover Effects Between the International Commodity Futures Markets and the South Korean Stock Markets: Comparison of the COVID-19 and 2008 Financial Crises
- Containing China versus Choking the Asian Economy
- Localized Knowledge Spillovers and Organizational Capabilities: Evidence from the Canadian Manufacturing Sector
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