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An Analysis on the Impact of Korea-Chile FTA on Busan Port - Focusing on the Inbound Container from Chile -
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 Title & Authors
An Analysis on the Impact of Korea-Chile FTA on Busan Port - Focusing on the Inbound Container from Chile -
Nam, Kichan; Nam, Hyung-Sik; Kang, Dal-Won;
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 Abstract
Free Trade Agreement(FTA) aims at abolishing tariffs on trade among nations or regions resulting in having a significant impact on maritime transportation and port. Korea made the first FTA with Chile in 2004 and the trade volume between two countries has seen significant increase. The literature on such impact, however, seems to be very limited. The main purpose of this study is, therefore, to analyze the impact of Korea-Chile Free Trade Agreement on the imported container throughput from Chile at the Busan Port. For this both cross-sectional and time series data are collected that comprise container throughput, Gross Domestic Product (GDP), import tariff, and maritime freight rate, from 2000 to 2011, and the gravity model is applied. The main result of the study shows that the dependent variables, GDP and import tariff are statistically significant, but the maritime freight rate is not consistent with regarding to statistical significance and parameter sign.
 Keywords
Korea-Chile FTA;Port of Busan;Imported Container Throughput;Gravity Model;Import Tariffs;
 Language
Korean
 Cited by
1.
한.ASEAN FTA가 광양항 수출에 미치는 영향: 패널중력모형과 전향적 이동회귀의 적용,박홍균;김창범;

한국항만경제학회지, 2014. vol.30. 2, pp.133-143
1.
A Study on the Factors Influencing Cargo Volume of Small & Medium Container Port in Korea, Journal of Navigation and Port Research, 2015, 39, 4, 371  crossref(new windwow)
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