Japan and China's trade policy has historically centered on multilateralism. Over the past ten years, however, these … Agreements (EPAs). As the two largest economies in Asia, the actions and interactions of China and Japan have a direct impact on …

sandwiched between a fast-growing China and a technologically advanced Japan. Second, technical efficiency, an important … determinant of productivity, has improved rapidly and steadily in China during the 2000s, while it has declined in Korea and Japan … particular, a relative increase in productivity to China and Japan is highly related to its export performance. Not only …

This paper measures the extent of comovements in stock returns between Korea and three major countries (China, Japan … comovements of Korean stock returns with those of the U.S. and Japan became smaller after the global financial crisis. In contrast …, the comovement in stock returns between Korea and China became larger after the crisis. After an additional analysis, we …