A Derivation of Potential Korean Exports to Africa

34 Pages Posted: 1 Dec 2017

See all articles by Heung Chong Kim

Heung Chong Kim

Korea Institute for International Economic Policy

Youngho Park

Korea Institute for International Economic Policy

Date Written: December 31, 2002

Abstract

The aim of the paper is to derive potential Korean exports to major African countries. Park (2001) adopted conventional RCA and MCA techniques to evaluate the relative performance of Korean exports to draw up a list of recommendable exports to Africa. We improve Park's results in two ways; first, we develop a new indicator reflecting the characteristics of the African market, which was ignored in the former analysis, and second, we derive the RCA and MCA values of Chinese and Japanese exports to Africa and compare them with those of Korean products. The final list of Korea's potential exports to the African market is carefully derived and we find that competing with Japanese exports rather than Chinese ones is a more appropriate strategy for amending Korea's record of underperforming exports to Africa.

Keywords: African Market, Missing Export, Marketability

JEL Classification: F14, F18, O55

Suggested Citation

Kim, Heung Chong and Park, Youngho, A Derivation of Potential Korean Exports to Africa (December 31, 2002). East Asian Economic Review, Vol. 6, No. 2, pp. 123-155, December 2002. Available at SSRN: https://ssrn.com/abstract=3079304 or http://dx.doi.org/10.2139/ssrn.3079304

Heung Chong Kim (Contact Author)

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

Youngho Park

Korea Institute for International Economic Policy ( email )

[30147] Building C, Sejong National Research Compl
Seoul, 370
Korea, Republic of (South Korea)

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