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Introduction to the Fisheries Industry in Ghana

  • Otumfuo, Samuel Kabu
    • Journal of Marine Bioscience and Biotechnology
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    • v.3 no.1
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    • pp.18-23
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    • 2008
  • Fisheries constitute an important sector in national economic development, and estimate to contribute about 3% of the total GDP and 5% of the GDP in agriculture. Fish production from aquaculture has been estimated at 950 tonnes for 2004. In 2003, Ghana produced only 51.7% of its requirements from its domestic sources and in 2004, achieved 68.1% of its fish requirement through domestic production and imports. It has been estimated that the production from ponds and culture-based fisheries is worth about US$ 1.5 million a year. The aquaculture sub sector comprises largely small-scale subsistence farmers who practice extensive aquaculture in earthen ponds in contrast to the intensive practices of commercial farmers. There is one cage facility which produces 200 tonnes or 21.1% of the total output. There are several laws to regulate and govern the sector and the government has set up institutions that are responsible for developing fisheries and aquaculture policy and directing and establishing research priorities. The Directorate of Fisheries (DoF) is the lead government agency for aquaculture development and the Water Research Institute of the Council for Scientific and Industrial Research (CSIR) is mandated to carry out aquaculture research. To promote fish farming, imports of farm fish are not allowed.

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Study concerning the Scope of the Interpretation of Like Product and Domestic Industry in USITC's Antidumping Injury Determination (USITC의 반덤핑 피해판정에서의 동종상품과 국내산업의 해석범위에 관한 연구)

  • Ha, Choong-Lyong;Han, Na-Hee
    • International Commerce and Information Review
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    • v.9 no.4
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    • pp.159-175
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    • 2007
  • Under U.S. Antidumping law, dumping occurs when 'subject merchandise' is imported into the United States and sold at less than 'fair value'. The administration of U.S. antidumping law is shared between the U.S. Department of Commerce(USDOC) and the U.S. International Trade Commission(USITC). USDOC's task is to determine whether imports are being dumped, and if so, to estimate the margin of dumping. In determining whether an industry in the United States is materially injured or threatened with material injury, or the establishment of an industry in the United States is materially retarded, by reason of the subject imports, the USITC must first define the 'like product' and the 'domestic industry'. One of the crucial factors on antidumping measures is the interpretation's scope of the 'like product' and the 'domestic industry', leading the most controversial issues in U.S. antidumping law. The primary purpose of this paper is to examine the 'domestic industry' and 'like product' considering U.S. antidumping law. Most USITC's determinations regarding like product and industry as flexible conception have been supported by the U.S. Courts.

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An Analysis on Trade Competitiveness between Korea and China (한.중간 무역경쟁력 분석 -섬유.전기전자.운송.기계산업을 중심으로-)

  • Lee, Sung-Ah;Shin, Kyung-Soo
    • International Commerce and Information Review
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    • v.8 no.4
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    • pp.45-69
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    • 2006
  • First, the trade competitiveness of the textile industries in South Korea has been weakening, whereas, the counterpart in China has been growing as the main export industries. Second, the trade competitiveness of the mechanics industries in South Korea has been increasing and appearing as the new promising strategic export industries. And, the counterpart in China also shows that it has been rising, while the country’s level of the imports specialization index has been weakening. Third, the trade competitiveness of the transportation industries in South Korea has been rising as the export-oriented and at the same time, privileged industries. And, China has also been rising as South Korea has been in the case, whereas, imports specialization index has been weakening. Fourth, the trade competitiveness of the electrical and electronic industries in South Korea has relatively been at the very high level, giving rise to the core export-privileged industries in the South Korea. And, China has been emerging as the new strategic export industries, as its industry structure has been shifted from the import- specialization and export-specialization industries. Fifth, it is indicated that the trade in the both South Korean and Chinese industries of fable materials, mechanics goods for computer & office, and goods for electric mechanics has been going favorable and brisk.

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Interpretation of Domestic Industry under Safeguard Agreement (세이프가드협정상의 국내산업 범위에 대한 해석)

  • Lee, Eun-Sup;Kim, Sun-Ok
    • International Commerce and Information Review
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    • v.8 no.2
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    • pp.211-226
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    • 2006
  • This paper discusses the definition of the term "domestic industry" in relation to the application of the safeguards provisions of the WTO through the judicial interpretation made by the WTO Appellate Body and panel. The requirements for the imposition of safeguards include a rapid increase in import quantity, the existence of serious injury or threat of serious injury to the domestic industry, and a causal relationship between the increase in imports and the industrial injury. The domestic industry refers to the producers that account for a considerable portion of the total national production, or the national producers who produce articles "like" or "directly competitive" with the specific imports. Chronically, there have been controversial disputes relating to the interpretation of the term "like" or "directly competitive". Reviewing the disputes relating to the term "domestic industry" in application of the safeguards provisions since the establishment of the WTO, the interpretation of the term "like" has been made imposing weight on the physical characteristics of the products. This interpretation is in contrast with that of the interpretation of the term "directly competitive" which has been interpreted with imposed weight on the commercial elasticity of substitution which can be measured by the final use or consumer's taste.

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A Study on the Efficacy for Promising Ex-Importable Items of CEPA between Korea & India - Focused on the Ex-Import Performance in 2010 - (한.인도 CEPA 수출입유망품목의 효과 연구 - 2010년 수출입실적을 중심으로 -)

  • Lim, Mok-Sam
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.49
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    • pp.545-566
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    • 2011
  • This paper study on the effect of the removal or reduction of the tariff on Korea-India trade by CEPA between Korea & India and then examines the effects of increased exports & imports to Korea on India. Despite the analysis is based on data over a short period of time, this paper shows that CEPA between Korea & India has substantially increased Korean exports(42.7%) and imports(37%) to India in 2010. It is also shown that CEPA between Korea & India has had a considerable impact on market. As a result can be summarized as follows. The potential fields of expanding the trade between the two countries due to the tariff concessions of the removal or reduction. Consequently the effect of the removal or reduction of tariff will be low our expectation but CEPA between Korea & India would have a positive effect on Korea's exports to India in the long term. This paper has examined the impact of CEPA between Korea & India on general economy. It needs a further study to estimate trade diversion effect of CEPA and to find out the impacts on specific industry.

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GOVERNMENT-CIVIC GROUP CONFLICTS AND COMMUNICATION STRATEGY: A TEXT ANALYSIS OF TV DEBATES ON KOREA'S IMPORT OF U.S. BEEF

  • Cho, Seong Eun;Choi, Myunggoon;Park, Han Woo
    • Journal of Contemporary Eastern Asia
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    • v.11 no.1
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    • pp.1-20
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    • 2012
  • This study analyzes messages from Korean TV debates on the conflict over U.S. beef imports and the process of negotiations over the imports in 2008. The authors have conducted a content analysis and a semantic network analysis by using KrKwic and CONCOR. The data was drawn from nine TV debates aired by three major TV networks in Korea (MBC, KBS, and SBS) from 27 April 27 2008 to 6 July 2008. The results indicate substantial differences in the semantic structure between arguments by the government and those by civic groups. We also investigated the relationship between the terms frequently used by both sides (i.e., the government and civic groups), and the terms used exclusively by one side. There was a gradual increase in the number of terms frequently used by both sides over time, from the formation of the conflict to its escalation to its resolution. The results indicate the possibility of general agreement in conflict situations.

An Empirical Study on the Export and Import Effects of Foreign Direct Investment on the Blue Economic Zone of the Shandong Peninsula in China

  • Lee, Sung-Joon;Zhai, Shuai
    • Journal of Distribution Science
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    • v.11 no.1
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    • pp.15-23
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    • 2013
  • Purpose - During a reform period lasting 30 years, the Blue Economic Zone (BEZ) in the Shandong Peninsula has made progress in attracting foreign investment, and has acquired the foreign direct investment (FDI) essential for economic growth. It is therefore important to conduct a proactive and systematic study of FDI in the BEZ. Research design, data, methodology - This dissertation discusses the contribution of FDI on economic growth, from both a theoretical and empirical perspective. Taking seven core cities for study, statistics and econometrics are used, and panel data are used to validate FDI contribution to import and export in the BEZ. Results- FDI was found to exert both positive and negative influences on the imports and exports of the BEZ. In other words, the research findings are consistent with Trade Generated and Inverse Trade Generated theories put forward by Kojima and Mundell, among other researchers mentioned earlier in this paper. Further, FDI has greatly increased imports and exports for the BEZ. Conclusions - According to the results of this empirical study on local investment environment optimization, FDI plays an important role in foreign trade. This dissertation puts forward recommendations on using FDI to better promote economic growth in the BEZ.

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An Input-Output Analysis on the Korean Railway Industry with the 2003 Input-Output Tables (2003 산업연관표를 이용한 철도운송산업의 경제적 파급효과 분석)

  • Yoon, Jae-Ho
    • Journal of the Korean Society for Railway
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    • v.11 no.4
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    • pp.410-416
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    • 2008
  • The inter-industrial inducement effects of the korean railway services on the output, value-added, imports of the 403 industrial sectors of the korean economy have been computed by the input-output analysis technique utilizing the 2003 Input-Output Tables, which was published most recently in April 2007 by the Bank of Korea. The korean railway service industry produced \2,766 billion worth of passenger and freight railroad services in the 2003 year, and it has induced \1,701 billion worth of output, \781 billion worth of value-added, and \580 billion worth of imports of the korean industry as a whole. The energy sector industries such as diesel fuel, thermal power generation, nuclear power generation, crude oil, liquid natural gas, bituminous coal, liquid propane gas have been most affected by the korean railway services. Other industries mainly affected by the korean railway services include railroad car manufacturing, cleaning and decontamination, medical and health service, machinery equipment and rental, construction and maintenance, transportation related services, business R&D, property insurance, and telecommunication.

Economic Analysis of Landfill Gas Recycling Considering Environmental Benefit (환경편익을 고려한 매립가스 자원화 사업의 경제성분석)

  • Kim, Young-Jun;Lee, Jong-Yeon;Koo, June-Mo;Kang, Yong-Tae
    • Korean Journal of Air-Conditioning and Refrigeration Engineering
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    • v.22 no.4
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    • pp.181-188
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    • 2010
  • The objectives of this study are to analyze the possibility of the landfill gas recycling for the middle and small scale landfills where the recycling facilities are not installed in Korea. It was found that the power generation plants by landfill gas were installed in domestic 15 landfills and the gas engine generation was adopted in 14 places. As the result of economic analysis, the landfill gas recycling is found to be available in 12 places and CERs of 153,693 $tCO_{2e}$ can be secured per year. Through the reduction of the air pollutants and VOCs, the social benefits of 730 million won accrue per year. Also, the power production of 18.8 GWh will substitute the crude oil imports of 4,048 TOE and the revenue of 2.49 billion won is expected to power trading. It is also found that the power generation plants by landfill gas will give the social benefits such as the reduction of the environmental problems and the substitution effect of crude oil imports.

The Competitiveness of Korea-China-Japan agricultural products and Korea-China FTA Agricultural Trade impacts (한·중·일 농산물 경쟁력과 한·중 FTA 농산물 교역량증가 효과)

  • Nam, Kuk-Hyun;Li, Tianguo
    • Journal of Agricultural Extension & Community Development
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    • v.25 no.2
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    • pp.71-83
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    • 2018
  • This study aims to analyze the competitiveness of agricultural products in Korea, China and Japan and the effect of increasing imports from Korea and China. and then we discussed how to cooperate in the agricultural trade field between the three countries. The results are summarized as follows. First, The intra-industry trade of agricultural products was the most active in Korea and China, followed by the intra-industry trade index between Korea and Japan. The intra-industry trade between China and Japan were the lowest. Second, The mutual complementarity of agricultural products trade between Korea, China and Japan is mostly high. Among them, Korea and Japan are the highest, while Japan and China have the lowest complementarity. Third, it was found that in tariff elimination, imports of rice and meat products increased the most, while the import growth rate of green tea, meat products and ginseng increased the most. Finally, the three countries in Korea, China, and Japan can consider the way to increase the trade of agricultural products in the region by internalizing the trade of complementary items while maintaining a constant level of production of mutually competitive products.