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http://dx.doi.org/10.9723/jksiis.2016.21.5.031

Empirical Analysis on the Determinants for the Service Export Performance in the Medical and Healthcare Service Industry  

Jung, Yong-Sik (가톨릭관동대학교 의료경영학과)
Park, Se-hoon (가톨릭관동대학교 경제금융학과)
Kang, Joo-Hoon (가톨릭관동대학교 경제금융학과)
Publication Information
Journal of Korea Society of Industrial Information Systems / v.21, no.5, 2016 , pp. 31-40 More about this Journal
Abstract
This paper is to set up the autoregressive distributed lag model in order to estimate factor elasticities of the service export in the medical and healthcare service industry and to analyze the determinants for its export performance during 1975-2015. The empirical results suggest that industrial markup, exchange rate, and interest rate have had more decisive effects on the industrial export performance in the medical and healthcare service industry, in particular, during the declining period in factor prices since the foreign currency crisis beginning in late 1997.
Keywords
Service Export; Industrial markup; Autoregressive distributed lag model; Ratio of capital to labor; Ratio of foreign intermediate goods to output;
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Times Cited By KSCI : 3  (Citation Analysis)
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