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Analysis of Competitiveness in Steel Distribution Industry between China and Japan

The Journal of Distribution Science / The Journal of Distribution Science, (P)1738-3110; (E)2093-7717
2016, v.14 no.3, pp.31-38
https://doi.org/https://doi.org/10.15722/jds.14.3.201603.31
Lee, Jae-Sung

Abstract

Purpose - This paper reviews the change of steel export-import structure between Japan and China by the courtesy of international business reference index and stress to analyze comparative advantage under the circumstance of time-series evaluating database by 3 indexes. Research design, data, methodology - Per economic phase, both China-Japan have mutually a complementary base. Under this kind of view point, the reason why to conduct this study is to realize how this 2 country's trade competitiveness should be improved and strengthened. Results - Under this research data and analysis outcomes, bilateral intra-economy's potential supplementation is enormous. Additionally, expected benefits from here are so sufficiently assured as we compare them with any other regional economic integrated society. Conclusions - When we review our economic point of view, Northeast economic cooperations between China and Japan can provide a chance for industrial technological cooperations not only in steel business but also in other business areas. Come to think of the circumstance to accelerate competitions between 2 country's industries past time and acknowledge concrete resource supplier including expanding export market and diversification.

keywords
Steel Distribution Industry, Market share, International Trade Structure, Revealed Comparative Advantage, Trade Specialization

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The Journal of Distribution Science