Interdependence of manufacturing industry between Korea and ASEAN-5 countries : Asian International Input-Output analysis

The purpose of this study is to analyze the interdependence of the manufacturing industry between South South Korea and ASEAN-5 countries. To conduct an international analysis for the manufacturing industries, an interregional input-output (IRIO) model is applied. The Asian International Input-Outpu...

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Main Authors: Kim, Yoomi, Md Nasrudin Md Akhir, Geetha Govindasamy
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2022
Online Access:http://journalarticle.ukm.my/19878/
http://journalarticle.ukm.my/19878/1/54215-178402-3-PB.pdf
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author Kim, Yoomi
Md Nasrudin Md Akhir,
Geetha Govindasamy,
author_facet Kim, Yoomi
Md Nasrudin Md Akhir,
Geetha Govindasamy,
author_sort Kim, Yoomi
building UKM Institutional Repository
collection Online Access
description The purpose of this study is to analyze the interdependence of the manufacturing industry between South South Korea and ASEAN-5 countries. To conduct an international analysis for the manufacturing industries, an interregional input-output (IRIO) model is applied. The Asian International Input-Output Table (AIIO) provided by IDE-JETRO (2017) is employed and the spillover effects of manufacturing industry are compared in terms of inducement production, value added and backward/forward linkages. The results indicate that the production inducement outcome between Malaysia and South Korea and the effect of forward and backward linkage industry are high, and the dependence on industry is high. On the other hand, in terms of decomposition of value added exports to ASEAN from South South Korea in the manufacturing sector; Vietnam, Singapore, and Indonesia are the states where South South Korea's domestic value-added exports are high. The result shows that South South Korea is necessary to diversify economic cooperation between East Asian and ASEAN member states.
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spelling oai:generic.eprints.org:198782022-09-26T08:10:14Z http://journalarticle.ukm.my/19878/ Interdependence of manufacturing industry between Korea and ASEAN-5 countries : Asian International Input-Output analysis Kim, Yoomi Md Nasrudin Md Akhir, Geetha Govindasamy, The purpose of this study is to analyze the interdependence of the manufacturing industry between South South Korea and ASEAN-5 countries. To conduct an international analysis for the manufacturing industries, an interregional input-output (IRIO) model is applied. The Asian International Input-Output Table (AIIO) provided by IDE-JETRO (2017) is employed and the spillover effects of manufacturing industry are compared in terms of inducement production, value added and backward/forward linkages. The results indicate that the production inducement outcome between Malaysia and South Korea and the effect of forward and backward linkage industry are high, and the dependence on industry is high. On the other hand, in terms of decomposition of value added exports to ASEAN from South South Korea in the manufacturing sector; Vietnam, Singapore, and Indonesia are the states where South South Korea's domestic value-added exports are high. The result shows that South South Korea is necessary to diversify economic cooperation between East Asian and ASEAN member states. Penerbit Universiti Kebangsaan Malaysia 2022 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/19878/1/54215-178402-3-PB.pdf Kim, Yoomi and Md Nasrudin Md Akhir, and Geetha Govindasamy, (2022) Interdependence of manufacturing industry between Korea and ASEAN-5 countries : Asian International Input-Output analysis. e-BANGI: Jurnal Sains Sosial dan Kemanusiaan, 19 (2(SI)). pp. 96-115. ISSN 1823-884x https://ejournal.ukm.my/ebangi/issue/view/1469
spellingShingle Kim, Yoomi
Md Nasrudin Md Akhir,
Geetha Govindasamy,
Interdependence of manufacturing industry between Korea and ASEAN-5 countries : Asian International Input-Output analysis
title Interdependence of manufacturing industry between Korea and ASEAN-5 countries : Asian International Input-Output analysis
title_full Interdependence of manufacturing industry between Korea and ASEAN-5 countries : Asian International Input-Output analysis
title_fullStr Interdependence of manufacturing industry between Korea and ASEAN-5 countries : Asian International Input-Output analysis
title_full_unstemmed Interdependence of manufacturing industry between Korea and ASEAN-5 countries : Asian International Input-Output analysis
title_short Interdependence of manufacturing industry between Korea and ASEAN-5 countries : Asian International Input-Output analysis
title_sort interdependence of manufacturing industry between korea and asean-5 countries : asian international input-output analysis
url http://journalarticle.ukm.my/19878/
http://journalarticle.ukm.my/19878/
http://journalarticle.ukm.my/19878/1/54215-178402-3-PB.pdf