Dynamic Changes in the Export Competitiveness of the South Korean Oil Refining Industry

被引:1
作者
Baek, Chulwoo [1 ]
Yoo, Seung-Hoon [2 ]
机构
[1] Duksung Womens Univ, Dept Int Trade, 33 Samyang Ro 144 Gil, Seoul 01369, South Korea
[2] Natl Univ Sci & Technol, Coll Creat & Convergence Studies, Dept Future Energy Convergence, 232 Gongneung Ro, Seoul 01369, South Korea
来源
APPLIED SCIENCES-BASEL | 2022年 / 12卷 / 06期
关键词
oil refining industry; export competitiveness; trade specialization index; revealed comparative advantage; South Korea; COUNTRIES; TRADE;
D O I
10.3390/app12062789
中图分类号
O6 [化学];
学科分类号
0703 ;
摘要
South Korea relies on imports for most of its oil consumption, but its oil refining industry has grown into one of the most important national industries and ranks fifth in the world in terms of refining capacity. This study seeks to examine the export competitiveness of the South Korean oil refining industry over the period 2000-2019. To this end, an analysis of the trade specialization index, the revealed comparative advantage, and the 2 x 2 matrix of these two measurements is carried out. The results show that automobile gasoline, jet oil, and lubricant oil belonged to the 'high competitiveness group' for the entire period, whereas naphtha belonged to the 'import-specialized group with comparative advantage' for the entire period. Finally, aviation gasoline, bunker A oil, bunker B oil, and bunker C oil fluctuated between the 'low competitiveness group' and the 'export-specialized group with comparative disadvantage'. To enhance the export competitiveness of the oil refining industry, this research suggests reorganizing the irrational tax structure and actively utilizing by-products generated during the refining process.
引用
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页数:13
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