• Title/Summary/Keyword: technological barrier to trade(TBT)

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Estimating the Economic Impact of Technological Barrier to Trade between Korea and China (한·중 기술무역장벽의 경제적 효과 추정)

  • Ha, Tae-Jeong;Chon, Joo-Yong
    • International Area Studies Review
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    • v.15 no.1
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    • pp.469-493
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    • 2011
  • This paper attempts to examine the economic impact of technological barrier to trade(TBT) between Korea and China by using international input-output approach. With the tariff/quota reduced or eliminated since WTO's launch, the interest in TBT as a non-tariff barrier has been increased, and then there have so far been a large number of empirical studies on quantifying its effect in foreign. But still this area of study in Korea is limited in the literature survey. In encouraged in this situation, focusing on bilateral trade between Korea and China, which has been significantly increased in recent years, we have tried to estimates the impact of TBT on their output and employment. We use Asian International Input-Output Table(AIIO) for the year 2000 published by IDE-JETRO, and also use the estimated sectoral TBT provided by Ha et al.(2010). According to the result, there will be generated $3.63 billions values in outputs, and 18.1 millions persons in employments at most. And also we found that there is weak interdependence in sectoral and spatial linkage between two countries.