Making use of constant price input-output tables, the authors assess the patterns of growth of industry and employment in South Korea for the periods 1975-'80 and 1980-'85. In particular, they examine the success of export orientation of various industries in 1980-'85 compared with the earlier...

South Korea instituted a programme of "heavy industrialization" that involved both import substitution and export promotion in the 1970s. This policy change was less than fully successful. The government was obliged to review its heavy industrialization policies. At the same time because of...

This paper seeks to explore the basis for a free trade agreement (FTA) between Japan and the Republic of Korea by comparing export patterns of these two countries with that of a nonmember---Taiwan---that is geographically close and is also a major exporter of machinery. After calculating indices...