부가가치 기준 한국 제조업 수출 61개국 중 8위…원천기술 키워야<br /><br />A country's exports are generally measured in aggregate terms... rather than for its value.<br />But rising complexity in producing a good that transcends borders so-called "global value chains"... has called for new measures to evaluate export performance.<br />To this, a local research team released findings that show key factors for determining such activities in qualitative terms. <br />Kim Ji-yeon reports. <br />The landscape of global trade has been reshaped over the past couple of decades... as countries and companies transcend international borders... to engage in different stages to produce a single good. <br />Participation in such global value chains is largely seen as beneficial... given that capturing a bigger slice of the GVC pie is associated with productivity gains and higher per capita growth, but the pie may not be sliced equally.<br />A team of researchers spearheaded by Professor Kim Chong-sup at Seoul National University's Graduate School of International Studies, Ph.D. Candidate Lee Seung-ho and Eum Ji-hyun, an economist at the Bank of Korea, released a research on Tuesday... titled "Taking a Bigger Slice of the GVC Pie: An Industry-level Analysis".<br />The paper examines how countries are linked to GVCs through their export performance in value added terms, a measure indicating the real contribution made by each trading partner when exporting goods.<br />The team found that countries that position themselves toward higher-value stages of production, namely acquiring core advanced technologies and branding... usually have the upper hand in the GVC pie... compared to those engaged in downstream activities, which includes post-sales customer services and assembling.<br /> The research shows that Korea, an export powerhouse... has room for improvement when positioning itself in the GVC.<br />Asia's fourth largest economy ranks 8th among 61 countries in value added terms of exports.<br />But in terms of gross amount of exports, it ranked 6th among some 130 countries in 2017... meaning Korea needs to engage in more higher-value stages in the GVC production process.<br />Kim Ji-yeon, Arirang News.
