• Title, Summary, Keyword: exports

Search Result 512, Processing Time 0.057 seconds

Changes of Export Structure and Crowding-out Effects of China on Korean and Japanese Exports in Southeast Asia: Analysis by Production Phase (동남아에 대한 한·중·일의 생산공정별 수출구조와 경쟁관계: 중국의 한·일수출 구축효과를 중심으로)

  • Kim, Wanjoong
    • The Southeast Asian review
    • /
    • v.20 no.3
    • /
    • pp.65-100
    • /
    • 2010
  • One of main findings of the competitiveness relation is rapid increase of Chinese influence on the southeast Asian market. While Japanese market share is decreasing, Chinese market share is continuously increasing in the market. It is the same regardless of types of production phases. Analysis based on gravity model shows that in general Chinese exports is crowding out Korean and Japanese export to the market. The magnitude of the effects on Korean exports is larger than on Japanese exports. Also, It is found that the directions of the effect of Chinese exports on Korean and Japanese exports are different by production phrases. For all processed goods, increase of Chinese exports decreases both Korean and Japanese exports to the market. However, for some final goods such as transport equipment and food & beverages for household, Chinese exports is increasing Korean and Japanese exports to the market.

A Comparative Study on the Determinants of the GCC Countries' Exports: A Gravity Approach (중력모형을 이용한 걸프협력회의(GCC) 국가들의 무역 결정요인에 관한 비교연구)

  • Bouhamdi, Abdullah A.;Ko, Jong-Hwan
    • International Area Studies Review
    • /
    • v.22 no.2
    • /
    • pp.19-40
    • /
    • 2018
  • This paper aims to quantify the determinants of the Gulf Cooperation Council (GCC) countries' exports by using an augmented gravity model. The gravity model was applied to the six members of the GCC (Kuwait, Saudi Arabia, Bahrain, Qatar, the United Arab Emirates and Oman) with datasets that consist of their major 55 trading partners. The findings of this paper reveal that the product of the exporter's GDP and its trading partner's GDP had a significantly positive effect on the exports of five GCC members, except for Qatar. Distance had a significant and negative effect on the exports of the UAE, Saudi Arabia and Oman, while it had a significantly positive effect on those of Bahrain and Qatar. The exporter's GDP per capita had a significantly positive effect on the exports of Bahrain, the UAE and Oman, while a negative effect on Saudi Arabia's exports. The exporter's population had a significantly positive effect on the exports of all six GCC members, while the importer's population had a significantly positive effect on the exports of Kuwait, Bahrain and Qatar, yet, a significantly negative effect on Saudi Arabia's exports. Borders had an insignificant effect on the exports of the six members. The common language had a significant and positive effect on the exports of Kuwait, Saudi Arabia, Bahrain and Oman. FTAs had a significantly positive effect on the exports of Bahrain and a significantly negative effect on Qatar's and Oman's exports. The membership of the GCC had a significantly positive effect on the exports of Kuwait, Bahrain and Qatar, while it had a negative effect on Saudi Arabia's exports.

The Economic Repercussion Effects of IT Equipment Exports (IT기기 수출의 경제적 파급효과)

  • Kim Soo-Hyun;Kang Hoe-Il;Hong Seung-Pyo;Jung Hae-Shik
    • Journal of Korea Technology Innovation Society
    • /
    • v.9 no.2
    • /
    • pp.279-303
    • /
    • 2006
  • We consider IT equipment industry, especially IT equipment exports, in Korea. Currently IT equipment exports are about 30% of the total exports in Korea. Furthermore the amount of IT equipment exports continues to increase. The impact of IT equipment exports to Korea economy must be large enough. However the research on this impact analysis is not found easily. In this paper we analyze the economic repercussion effects of IT equipment exports from 2002 to 2005 by using the Input-Output Analysis. The status of IT equipment exports in Korea is summarized. The extensive results on various levels of IT equipment industry are proposed.

  • PDF

A VAR Model of Stimulating Economic Growth in the Guangdong Province, P.R. China

  • Ortiz, Jaime;Xia, Jingwen;Wang, Haibo
    • The Journal of Asian Finance, Economics, and Business
    • /
    • v.2 no.2
    • /
    • pp.5-12
    • /
    • 2015
  • The authors calculate the long-term predictability of GDP, domestic demand, investment, and net exports for Guangdong province, P.R. China from 2000 to 2013. A vector autoregressive (VAR) model with quarterly data for this period is first co-integrated then the Granger causality test is applied to empirically assess the relationships among gross domestic product (GDP), consumption, investment, and net exports. There is a strong causality effect between investment and net exports in Guangdong province. However, the variance decomposition results indicate that exports respond to foreign shocks rather than domestic ones, making their impact on the Guangdong economy to predict. Results show the stimulating effect of domestic demand on GDP is larger than the stimulating effect of net exports and much larger than even the stimulating effect of investment. The analysis suggests that there are dynamic influences with various levels of persistence between GDP, consumption, investment, and net exports. Macroeconomic policy adjustments are urgently required to expand domestic demand and thereby stimulate economic growth in Guangdong province.

Changes in Export Gateways and the Spatial Patterns of Korean Agri-Food Exports: A Classification and Regression Tree Analysis Approach (수출 관문의 변화와 한국 농식품 수출의 공간적 패턴 분석: 의사결정나무 분석의 적용)

  • Hyun, Kisoon
    • Journal of the Economic Geographical Society of Korea
    • /
    • v.21 no.2
    • /
    • pp.90-106
    • /
    • 2018
  • This study suggests a gateway strategy for transporting agri-food exports to expand exports after examining the patterns of Korean agri-food exports by commodities and the role of export gateways. Korean agri-food exports have increased, but processed food exports have increased significantly compared to fresh agricultural products during the last 17 years. More importantly, Busan port is the main agri-food export hub in Korea. Under these circumstances, this paper examines the determinants of processed cereal-based food (HS 19) exports through Busan port using classification and regression tree (CART) analysis. As a result, the main factors that help to predict the real value of Korean exports are the GDP of the export destination countries, their distances from Korea and their GNI per capita. The destinations of Korean agri-food exports are finally classified into eight groups, which reveals the characteristics of clusters and provides useful insights for the strategies to expand agri-food exports.

A Comparative Analysis of Korea's Export and Import Trends to Vietnam (한국의 대 베트남 수출과 수입 동향 비교 분석)

  • Choi, Soo-Ho;Choi, Jeong-Il
    • Journal of Digital Convergence
    • /
    • v.16 no.7
    • /
    • pp.177-187
    • /
    • 2018
  • In this study, we examined Korea's exports and imports trends to the world and Korea's exports and imports trends to Vietnam. We also examined exports and imports trends about China, USA, Vietnam, Hong Kong, Japan and Taiwan in Korea's major trading nation. The purpose of this study is to examine how much Korea's exports and imports of Vietnam have increased and to compare how much it has risen compared to other major countries. To this end, we used imports and exports data for Korea, China, USA, Vietnam, Hong Kong, Japan and Taiwan using data from January 2000 to February 2018 for 218 months. During the past 218 months, Korea's exports to Vietnam have increased rapidly, leading to Korea's exports to the world. Korea's exports to Vietnam showed a 10 times increase rate compared to Korea's exports to the world. Vietnam has grown to be an important export country in Korea.

High-Technology Exports and Economic Output: A Cross-Country Analysis (하이테크 수출과 경제적 성과에 대한 다국가 분석)

  • 유승훈;양창영
    • Journal of Korea Technology Innovation Society
    • /
    • v.7 no.2
    • /
    • pp.283-304
    • /
    • 2004
  • Evaluating the sources of economic output is obviously important, and numerous attempts have been made to judge the impact of many different factors on economic output. It is widely accepted that high-technology(HT) is one of the important factors in economic output. This paper empirically explores the impacts of HT exports on economic output using a cross-county analysis based on data from 89 countries for the year 1988-2000. To this end, several versions of the neoclassical growth models, explicitly including HT exports, are estimated. Subject to the appropriate caveats, the results provide further support for several key conclusions of the former studies - investment in physical capital, population growth, and the human capital are important in accounting fer economic output across countries. More importantly, it is concluded that HT exports significantly contribute to economic output. Interestingly, the conclusion is valid f3r developing countries, but not far developed countries.

  • PDF

Effect of ODA on the Donor's Economy: Localization and Technological Innovation Efforts of Recipient Country and the Sectoral Differentials of Effects

  • Kim, Junmo;Kwon, Hyuk-Dong;Kwon, Youngkwan
    • Asian Journal of Innovation and Policy
    • /
    • v.4 no.1
    • /
    • pp.1-18
    • /
    • 2015
  • Most research on Official Development Assistance (ODA) targeted the recipients, but this study examines the effect of ODA on the donor's exports to the recipient. To do this, a panel analysis was carried out with ODA and macroeconomic data on the United States and 33 other countries from 1999 to 2009. The results are summarized as follows: (1) The economic influence on the donor varies with the recipient's localization effort. (2) High-tech exports to the recipient are independent of ODA. (3) In medium-to-low-technology areas, ODA has a positive effect on exports to the recipient with low absorption efforts. (4) Both High-tech and LM-tech product exports decreases with the technological innovation efforts of recipients with high absorption efforts, while High-tech product exports only increases with that of recipients with low absorption efforts. These results indicate that a strategic approach for ODA program is more effective and useful to the donor's economy.

The Impact of US Real Effective Exchange Rates and Short Term Interest Rates on China's Exports (미국 실질실효환율과 단기금리의 중국 수출에 대한 영향)

  • Hu, Yan;Jung, Heonyong
    • The Journal of the Convergence on Culture Technology
    • /
    • v.4 no.4
    • /
    • pp.155-160
    • /
    • 2018
  • The article studies the effect of US real effective exchange rate and short-term interest rate on Chnise exports and imports using the EGARCH-GED model. This article analyze the effect of US major economic variables on China's exports and imports as the US pushes for interest rate hikes and worsens trade wars with China. The main results are as follows. The US short-term interest rate has a significant positive effect on China's trade volume. Even in the case of China's exports, US short-term interest rate has a significant positive effect. However, in the case of China's imports, in contrast to exports, US short-term interest rate do not have a significant effects and US real effective exchange rate has a significant positive effect. On the other hand, China's policy interest rate has a negative impact on China's imports and not statistically significant, but it has a significant positive effect on China's exports.