본문 바로가기 주메뉴 바로가기
kiep logo

Contents

Citation

Citation
No Title

Article View

East Asian Economic Review Vol. 9, No. 2, 2005. pp. 85-115.

DOI https://dx.doi.org/10.11644/KIEP.JEAI.2005.9.2.145

Number of citation : 0

View
563

Download
167

crossmark images crossmark images
PDF PPT Twitter Facebook

The Impact of MRA in the IT sector on the Korean Economy

Author

Wankeun Oh

Hankuk University of Foreign Studies

wanoh@hufs.ac.kr

Choong-Han Yoon

Hanyang University

yoonchoo@hanyang.ac.kr

Kwang-Sun Lim

Electronics and Telecommunications Research Institute

kslim@etri.re.kr
Creative Commons Attribution License

EAER is an open access journal distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution, and reproduction in any medium, provided you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license.

Abstract

In this paper, using partial equilibrium models and input-output analyses, we estimate the effects of MRA in the IT sector on the net exports of Korea as well as on the Korean macro economy in the aspects of production, value-added and employment. It is noted that there are significant increases in both net exports and national income, which is mainly made possible by decreases in certification costs and testing costs and hence by final product prices. We show that the MRA with U.S. and/or China has much larger effects on the Korean economy than the MRA with Japan. Among various IT sub-sectors of Korea, the mobile handset industry sector is found out to be the largest beneficiary of MRA. These results make sense in two reasons: U.S. and China are the largest two trade partners of Korea in the IT sector; the mobile handset sector is the largest contributor of exports in Korea.

JEL classification: F13, F14, L86. L96

Keywords

MRA, Trade Balance, IT sector, Input-Output Analysis

Language

Korean

References

  1. Park, I. W. and C. L. Lee. 2003. The Economic Effect of FTA on ICT Industries. Seoul: Korea Testing Laboratory. (in Korean)
  2. Oh, J. H. and J. H. Jo. 2003. “The Economic Impact of Self Declaration of Conformity (SDoC) on the ICT Products,” International Telecommunications Policy Review, vol. 10, no. 3, pp. 25-48. (in Korean)
  3. Lee, J. H. and B. G. Kang. 2000. “A Study on the Effects of Mutual Recognition Agreement on the Information & Telecommunication Industry in Korea,” Research Report, Gwacheon: Ministry of Information and Communication. (in Korean)
  4. Yee, J. Y. and H. J. Han. 2001. “Trade Structure by Products and Its Policy Implications,” Monthly Statistical Bulletin, vol. 55, no. 2, pp. 25-58. (in Korean)
  5. Lim, H. K. 1999. Survey on the Difficulties in Obtaining International Certification of Information and Communication Equipment. Seoul: Korea Electronics Association. (in Korean)
  6. National Radio Research Agency, Available at www.rra.go.kr CrossRef
  7. Korea Information Society Development Institute. 2002. A Strategic Plan for Information and Communications Industry of Korea (2002-2007). Gwacheon: Korea Information Society Development Institute. (in Korean)
  8. Korea Information Society Development Institute. 2003. A Study on the Countermeasures in FTA and ITA sectors. Gwacheon: Korea Information Society Development Institute. (in Korean)
  9. Choi, G. Y. et al. 1999. The Economic Effect of MRA. Seoul: Korea Information Society Development Institute. (in Korean)
  10. Choi, G. Y. 2001. A Study on Certification System and Mutual Recognitions Arrangement (MRA) for Telecommunication Equipment. Seoul: Korea Information Society Development Institute. (in Korean)
  11. Korea Customs and Trade Development Institute. 2001. HS Comprehensive Yearbook. Seoul: Korea Customs and Trade Development Institute. (in Korean)
  12. Institute for International Trade. Trade Database, Available at www.kita.net CrossRef
  13. Institute for International Trade, Available at www.kotis.net CrossRef
  14. Korea Association for ICT Promotion. 2002. Yearbook of Information and Telecommunications Statistics. Seoul: Korea Association for ICT Promotion. (in Korean)
  15. Korea Center for Export Promotion of ICT. 2003. A study on Certification System for Communication Equipment by country. Korea Center for Export Promotion of ICT.
  16. The Bank of Korea. 2000. The Impact of Development in Information and Communication Industry on Productivity. Seoul: The Bank of Korea. (in Korean)
  17. The Bank of Korea. 2003. Input-Output Table of Year 2000. Seoul: The Bank of Korea. (in Korean)
  18. Korea Electronics Association, Available at www.eiak.org CrossRef
  19. Electronics and Telecommunications Research Institute. 2003. A Study on the Influence of MRA between Korea and USA. Daejeon: Electronics and Telecommunications Research Institute. (in Korean)
  20. Electronics and Telecommunications Research Institute. 2004a. Trade of IT and Equipment for Certification of Japan, Singapore, and the US. Daejeon: Electronics and Telecommunications Research Institute. (in Korean)
  21. Electronics and Telecommunications Research Institute. 2004b. The Effects of IT Trade and MRA in 3 Major Economies. Daejeon: Electronics and Telecommunications Research Institute. (in Korean)
  22. Electronics and Telecommunications Research Institute. 2004c. Analysis on the MRA in Trade of Major Economies. Daejeon: Electronics and Telecommunications Research Institute. (in Korean)
  23. Electronics and Telecommunications Research Institute. 2004d. Market Analysis of MRA Partners. Daejeon: Electronics and Telecommunications Research Institute. (in Korean)
  24. Han, Y. G. 1996. "Trade Structure Analysis and Its Policy Implications," Monthly Bulletin, vol. 50, no. 11, pp. 21-39.
  25. Baek, Ehung Gi and Wankeun Oh. 2004. "The Economic Effects of the Reduction of Working Hours in Korean Economy," Journal of Policy Modeling, vol. 26, no. 1, pp. 123-144. CrossRef
  26. Calvin, Linda and Barry Krissoff. 1998. "Technical Barriers to Trade, A Case Study of Phytosanitary Barriers and U.S.-Japanese Apple Trade," Journal of Agricultural and Resource Economics, vol. 23, no. 2, pp. 351-366
  27. Committee on Technical Barrier to Trade. 1998. Conformity Assessment Procedures: Supplier's Declaration of Conformity: Contribution from the United States. WTO.
  28. EOTC. 2000. Market Surveillance in Relation to th New Approach Directives. Brussel, Belgium.
  29. ISO/IEC. 1996. General criteria of supplier's declaration of conformity. Second edition, ISO/IEC Guide 22.
  30. ITI. 2001. "Requirements for Supporting Documentation for Supplier's Declaration of Conformity: Draft."
  31. Johansen, Soren. 1992. "Determination of Cointegration Rank in the Presence of a Linear Trend," Oxford Bulletin of Economics and Statistics, vol. 54, pp. 383-397. CrossRef
  32. Johansen, Soren and Katarina Juselius. 1990. "Maximum Likelihood Estimation and Inference on Cointegration with Applications to the Demand for Money," Oxford Bulletin of Economics and Statistics, vol. 52, pp. 169-210.
  33. Moenius, Jonannes. 1999. "Information versus Product Adaptation: the Role of Standards in Trade," Manuscript.
  34. Organization for Economic Development and Cooperation. 1999. "An Assessment of the Costs for International Trade in Meeting Regulatory Requirements," TD/TC/WP(99)8/FINAL, Paris.
  35. OECD. 2001. Case Studies in Suppliers' Declaration of Conformance. Regulatory Affairs and Standards Policy Directorate, Industry Canada
  36. Osterwald-Lenum, Michael. 1992. "Practioners Corner A Note with Quantiles of the Asymptotic Distribution of the Maximum Likelihood Cointegration Rank Test Statistics," Oxford Bulletin of Economics and Statistics, vol. 54, pp. 461-472.
  37. Phillips, P. C. B. 1986. "Understanding Spurious Regressions in Econometrics," Journal of Econometrics, vol. 33, pp. 311-340. CrossRef
  38. Phillips, P. C. B. and P. Perron. 1988. "Testing for a unit root in time series regression," Biometrika, vol. 75, pp. 335-346. CrossRef
  39. Swann, Peter., Temple, Paul and Mark Shurmer. 1996. "Standards and Trade Performance, The UK Experience," Economic Journal, vol. 106, pp. 1297-1313. CrossRef
  40. Thilmany, Dawn D. and Christopher B. Barrett. 1997. "Regulatory Barriers in an Integrating World Food Market," Review of Agricultural Economics, vol. 19, no. 1, pp. 91-107. CrossRef
  41. United States International Trade Commission. 1998. "Global Assessment of Standards Barriers to Trade in the Information Technology Industry," Publication 3141, Washington, D. C.: USITC.