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Theoretical Analysis of Japan-South Korea Trade Dispute

한일무역분쟁의 게임이론적 분석

  • Hyelin Choi (Department of Global Commerce, Soongsil University)
  • 최혜린 (숭실대학교 글로벌통상학과)
  • Received : 2021.04.09
  • Accepted : 2021.10.15
  • Published : 2021.10.30

Abstract

In 2009, Japanese government requires exporters to have individual export licenses for certain items and removes South Korea from White Countries. The export control and regulations are likely to be affected by political factors. This study aims to analyze Japan-South Korea trade dispute with a sequential game with incomplete information. The results show that Japan may apply trade regulations on Korea regardless of efficiency of Korea and the possibilities of regulations increases when political factors are important in its decision on export policy.

Keywords

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