Abstract
This study examines the impact of patent applications and price discrimination on intra-industry trade in the automotive industry across 45 countries, encompassing Korea and OECD members. To address this, 237 items, classified by the customs office under the HS code at the 6-digit level, were categorized into vehicles, electrical and electronic, and other categories. Panel fixed-effects and random-effects models were employed. The findings suggest that patent applications in the vehicles sector exert a negligible influence on intra-industry trade. Conversely, the electrical and electronic sector, gaining prominence due to the proliferation of trends in autonomous driving and electrification, demonstrates a positive effect on intra-industry trade. This is attributed to the growing global demand for Korean products and the expanded use of imported goods at a level equivalent to domestic products to satisfy the diverse demands of domestic customers. To sustain and enhance competitiveness in the electrical and electronic sector, a concerted effort is essential, encompassing not only corporate-level strategic decisions but also governmental policy endeavors, including legal and regulatory reforms and the establishment of integrated governance systems.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Korea Association for International Commerce and Information
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
