• Title, Summary, Keyword: imports

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The Trade Effect of Korea-EU FTA on the Fishery Sector (한국-EU 자유무역협정의 수산부문 무역효과 추정)

  • Kim, Nam-Doo;Hwang, Sang-In
    • International Commerce and Information Review
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    • v.12 no.4
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    • pp.49-65
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    • 2010
  • We have analyzed the trade effect of Korea-EU FTA on the Korean fishery sector, after reviewing the trade pattern and the tariff barriers of fishery sector between Korea-EU. For the trade effects, we have categorized into three cases: 1) the complete tariff elimination of all items, 2) the half tariff reduction on top ten valued items, with complete tariff elimination of other items, and 3) the complete tariff elimination, except unbinding top three valued items. The effect of the complete tariff elimination of all items implies the effect of the full achievement of FTA. For other two cases, these effects imply the effects of the transitional phenomenon of FTA since the complete tariff elimination happens gradually over more than ten years. For the complete elimination of tariff, we found that imports are increased by 1.1 billion dollars which is 12.9% increase in average imports during years 2006-2009. Also, exports are increased by 1.3 billion dollars which is 14.5% increase in average exports during same years.

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EPIDEMIOLOGICAL APPROACH TO THE SOUTH KOREAN BEEF PROTESTS WITH HIDDEN AGENDA

  • Do, Tae-Sug;Lee, Young-S.
    • Journal of the Korean Society for Industrial and Applied Mathematics
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    • v.13 no.3
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    • pp.181-188
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    • 2009
  • Hundreds of thousands of South Korean protesters staged candlelight vigils and demonstrations against US beef imports in 2008. The problems, however, went far beyond that of beef imports. The political party veterans, who lost the presidential election, exploited labor unions that were discontent with the economy and ideological student groups to weaken the majority party. In this study, an epidemiological model is constructed with a system of three nonlinear differential equations. The model seeks to examine the dynamics of the system through stability analysis. Two threshold conditions that spread the protests are identified and a sensitivity analysis on the conditions is performed to isolate the parameters to which the system is most responsive. The results are also explored by deterministic simulations. This model can be easily modified to apply to other protests that may occur in various circumstances.

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Paradigm Change in the Asian Fashion Industry: In terms of Production, Consumption and Trade

  • Son, Mi Young;Yoon, Namhee
    • International Journal of Human Ecology
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    • v.15 no.2
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    • pp.1-12
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    • 2014
  • This study focuses on apparel production and consumption trends in major Asian economies in order to understand a paradigm change in the Asian fashion industry. A comparison of trade among ASEAN, NICs, and developed countries shows the changes that have occurred in terms of production and consumption of fashion products before and after 2000 in Korea, Hong Kong, and China. The flow of imports and exports in the apparel industry was analyzed using UN trade statistics data. The results found a change of industry structures in Asian NICs and ASEAN countries. Garment production bases have moved to lower cost regions like China and ASEAN; in addition, NICs sent a part of their export business in the fashion industry to ASEAN countries. The Asian fashion industry has transformed from a production base for developed countries into a consumption market with the emergence of newly industrializing economies.

Adoption of Foreign Technologies in Korean Manufacturing Firms: Characteristics and Microfoundations

  • SUH, JOONGHAE
    • KDI Journal of Economic Policy
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    • v.37 no.3
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    • pp.75-106
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    • 2015
  • The primary goal of this paper is to explore the microeconomic foundation of Korean firms' adoption of foreign technologies. The paper also reviews the overall trend of international technology transfers to Korea. The period covered in this paper is Korea's high growth era, from the 1960s to the 1990s. The works of this paper center on the two questions of what characterizes foreign technologies which had been imported through licensing contracts, and which driving forces expedite technology adoption by firms. The Korean experience provides the context of success in the catch-up growth. The co-movement of technology imports with capital goods imports manifests Korea's effort to improve the technical efficiency toward the world frontier. Underlying this trend are firms' decisions to adopt new technologies. The paper shows that firms respond proactively to wage increases by adopting newer technologies and thus, in turn, increasing employment, which implies the existence of a virtuous interactive mechanism among these factors.

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Analysis of Factors Affecting Air Transport Trade between Korea and ASEAN Countries (한국과 아세안 국가간 항공운송무역 영향요인 분석)

  • Lim, Jae-Hwan;Kim, Young-Rok;Choi, Yun-Chul
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.27 no.4
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    • pp.44-51
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    • 2019
  • This study analyzes the trade patterns that occur between Korea and ASEAN countries through air transport, one of Korea's trade transport methods. In order to understand the detailed characteristics of the air transport sector, the dependent variables were analyzed by dividing them into amount and weight. As a result, the amount of exports, imports, and trade was proportional to GDP per capita representing income level, and inversely proportional to GDP representing national economic power. In terms of air transport weight, exports, imports and trade were all proportional to GDP representing economic power and inversely proportional to GDP per capita representing income levels. In addition, the national area acted as a factor to reduce the trade volume, and the number of airports and inland countries did not show any significant results.

Prospect of Soybean Production, Consumption and Supply in Korea (콩 생산 수급전망과 대책)

  • Kim Seok Dong;Park Keum Yong
    • Proceedings of the Korean Society of Crop Science Conference
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    • pp.249-265
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    • 1998
  • The yearly consumption of soybean ranged from 1.5 to 1.7 million tons in Korea during 1995-1997 with an increasing trend of annual consumption by 60,000 tons. Gross consumption of soybean was 1.74 million tons in 1997: 1.292 million tons for feed, 0.433 million tons for food and its processing, and 15,000 tons for seed and other uses. Particularly, Korea totally depends upon imports of soybean for feed and oil. Only about $40{\%}$ of soybeans used for food and its processing are supplied through domestic production. Korean markets will be open to foreign agricultural products except for rice in 2004 when the Uruguay Round treaty is completed. According to the Korean Rural Economics Institutes reports, soybean consumption in 2004 is expected to be 1.87 million tons that is higher than that in 1997 by 0.13 million tons. In order to meet the need for soybean, Korean government planned to supply from 0.17 million tons of domestic production plus 1.7 million tons of imports, and also planned to raise the self-supply rate of $9.1{\%}$ in 2004 from $8.6{\%}$ in 1997. According to the USDA reports on international soybean production and consumption, its production is expected to be 150 million tons over the world and the international market prices for soybean will be unstable in 2004. Based on these reports, international soybean trade capacity will be 36 million tons in 2004 that is lower than 39 million tons (accounting for $25{\%}$ of gross production) in 1597. Also, a term-end stock in 2004 is estimated to be 9.6 million tons that is low as compared to 18.6 million tons In 1997, In coping with domestic and international soybean production, consumption and supply, and further possible food crisis, national policies and continuous efforts are necessarily required to promote domestic production and to reduce imports of soybean.

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Development of IoT-based data acquisition device (Gateway) for context-awareness of hospital facilities (병원 시설물의 상황 인지형 Light Things 제어를 위한 IoT기반 데이터 수집장치(Gateway) 개발)

  • Lee, Kack-Hee;Lee, Min-Woo;Cha, Jae-Sang
    • The Journal of the Convergence on Culture Technology
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    • v.3 no.4
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    • pp.181-184
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    • 2017
  • Korea is the world's top ten energy consumer, relying on foreign imports for 97% of its total energy. In 2007, energy imports amounted to US $ 95 billion, accounting for 26.6% of total imports. Thus, fundamental and long-term countermeasures against the same energy crisis It is a fact that is required. Despite the fact that the world is moving rapidly around the world in response to energy saving and low-carbon economic era, domestic movements are relatively slow. In this paper, we developed an IoT data collection device (Gateway) to control Light Things (lighting, signage, display, etc.) built in medium and large facilities under the assumption of hospital facilities, We propose the Light Things control algorithm and data acquisition (Gateway) development technology.

The Sale Characteristics of the Optician's Shop located in Daegu Dongseongro (대구 동성로에 위치한 안경원의 판매 특성)

  • Park, Jeong-Sik;Lee, Jeung-Young;Jang, Woo-Yeong
    • Journal of the Korea society of information convergence
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    • v.6 no.1
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    • pp.21-24
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    • 2013
  • This research used the sales information of the optician's shop located in Dadgu Dongseongro from January 2013 to October 2013. We used the sales information including the sale of glass frame, lens, sunglass, sale price, weekly sale and monthly sale generated in an optician's shop. It is difficult to direct expression for product sales quantity or amount. The sales ratio of the glass frame and sunglasses was very higher than a domestic about the imports. But the sales ratio of the lens was a little bit higher than a domestic about the imports. The glasses price in which it is sold the most was 500,000 won betweens in 300,000 won. The sale was concentrated than a weekday on weekend. While a summer became close, a sale increased and after decreased gradually.

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Satisfaction with the Quality of Agricultural Machinery and the Propensity for Replacement Purchases

  • Shin, Seung-Yeoub;Kang, Chang Ho;Yu, Seok Cheol;Kim, Byounggap;Kim, Yu-Yong;Kim, Jin Oh
    • Journal of Biosystems Engineering
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    • v.39 no.4
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    • pp.261-266
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    • 2014
  • Purpose: This study was conducted to serve as a basis for strengthening policy support and R&D to improve the domestic and international competitiveness of domestic agricultural machinery. Levels of satisfaction among farmers and service engineers were analyzed regarding the current quality of agricultural machinery and the primary consumers' propensity for replacement purchases. Methods: A survey was carried out targeting farmers in over 150 townships and 300 villages in South Korea who collectively used 711 tractors, 286 rice transplanters, and 221 combine harvesters. Furthermore, agricultural machinery service engineers from 20 different after-services were surveyed regarding the quality of main components in domestic agricultural machinery versus those in imported agricultural machinery. Results: The farmers' overall quality satisfaction ratings for tractors, rice transplanters, and combine harvesters ranged from 57.1% to 62.6% in consideration of operating performance, failure rate, and durability. Compared with imports, satisfaction ratings for domestic agricultural machinery were 19.1%p to 38.1%p lower for quality. Regarding engines, transmissions, hydraulics, planters, reapers, threshers, and electrical components, only 5.3% to 25.0% of service engineers indicated that domestic agricultural machinery was higher in quality compared with imports. By contrast, 33.3% to 78.9% of those surveyed indicated that domestic components were lower in quality compared with imports. Intent to purchase replacement agricultural machinery at the end of their respective products' lifecycles was indicated that they planned to purchase imported tractors, rice transplanters, and combine harvesters comprised 25.2%, 46.9%, and 43.9%, respectively. This clearly shows that a very high percentage of farmers were satisfied, particularly for transplanters and combine harvesters. Conclusions: The level of desire for purchasing imported agricultural machinery was very high among those who expressed intent to purchase replacement machinery. Therefore, strong policy support and R&D for domestic agricultural machinery is critical for improving competitiveness on the domestic and foreign markets.