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Analysis of International Competitiveness in the Aircraft Industry

East Asian Journal of Business Economics / East Asian Journal of Business Economics, (E)2288-2766
2018, v.6 no.1, pp.31-41
https://doi.org/10.20498/eajbe.2018.6.1.31
Lee Jae Sung
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Abstract

Purpose – The main target to do this analysis is to find out the competitiveness between 2 countries(China and USA) in the aircraft business industry. The purpose of this research is to realize which country is more competitive between 2 country’s trade structure. Research design, data, methodology – This research conducted for period from 2000 to 2017. Expecting effect is to learn how to improve aircraft industry for 2 countries. Research method is used by comparative advantage trade theory. Results – Even though general data about aircraft industry are open to world society, detailed classified data are not easy to get them. Namely, it is research limitation that overseas productions both China & USA are not available due to company business strategy. Conclusion – From early 50’s, every USA industries hold a dominant position so far. Now, China is comparative advantage against that of USA in the field of aircraft industry. Sound competition relationship is good for both 2 countries for mutual benefits. The future prospect is China needs export market diversification to enlarge economic growth in the long run.

keywords
aircraft industry, market share, trade structure

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East Asian Journal of Business Economics