• Title/Summary/Keyword: imports

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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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The Effect of Economic Growth and Urbanization on Poverty Reduction in Vietnam

  • NGUYEN, Huyen Thi Thanh;NGUYEN, Chau Van;NGUYEN, Cong Van
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.7
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    • pp.229-239
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    • 2020
  • This article aims to measure the impact of economic growth and urbanization on poverty reduction in Vietnam, and verify whether economic growth and urbanization will help reduce poverty rates. Data for this study are tabular data related to growth, urbanization and poverty at the provincial level for the period of nine years, from 2006 to 2014 provided by the Vietnam General Statistics Office and the Vietnam General Department of Customs. The level of economic growth and urbanization mentioned in the study is reflected in such indicators as GDP value, exports value, imports value, urbanization rate and employment rate. The authors used logistic regression models with fixed-effects and logistic regression models with random effects. With 5% confidence level tested by the Chi-Square test of Hausman trial with the fixed-effect model, research results show that: (1) factors with significant negative impact on the poverty rate include imports value, urbanization rate and, employment rate; (2) factors that do not affect the poverty rate include exports value and GDP value. Based on the research results, this study proposes a number of policy recommendations to help promote economic growth, to sustain the urbanization process, and to contribute directly and positively to poverty reduction in Vietnam.

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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The Impact of China Exchange Rate Policy on its Trading Partners: Evidence Based on the GVAR Model

  • ABBAS, Shah;NGUYEN, Van Chien;YANFU, Zhu;NGUYEN, Huu Tinh
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.8
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    • pp.131-141
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    • 2020
  • This study is designed to investigate the impact of China exchange rate policy on its trading partners by using a country multi-dataset GVAR model. Our model includes samples of 30 countries, six from high-income, six from middle-income and eighteen from low-income countries. This study used annual time series data over the period 1992 to 2017. We constructed currency misalignment index and it provided some interesting features about the currency undervaluation and overvaluation. The results of the currency misalignment shows that China's Renminbi is structurally more undervalued over the sample period as compared to other countries, and fluctuation in major currencies effects the global trade around the world. The overall empirical results of the GVAR model indicate that RMB undervaluation affects the trade pattern and macroeconomic performance of China's trading partners. Overall, China's exchange rate undervaluation has mixed effects on trading partner's GDP, exports and imports. The devaluation of China's RMB efficiently stimulated China's exports and reduced imports. While, in some countries, this effect is reverse, the RMB undervaluation increases the GDP of partner countries and also increases their exports to China. The results confirm the strong and leading role of the Chinese Renminbi in the global trade.

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.

Improving Forecasting Performance for Onion and Garlic Prices (양파와 마늘가격 예측모형의 예측력 고도화 방안)

  • Ha, Ji-Hee;Seo, Sang-Taek;Kim, Seon-Woong
    • Journal of Korean Society of Rural Planning
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    • v.25 no.4
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    • pp.109-117
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    • 2019
  • The purpose of this study is to present a time series model of onion and garlic prices. After considering the various time series models, we calculated the appropriate time series models for each item and then selected the model with the minimized error rate by reflecting the monthly dummy variables and import data. Also, we examined whether the predictive power improves when we combine the predictions of the Korea Rural Economic Institute with the predictions of time series models. As a result, onion prices were identified as ARMGARCH and garlic prices as ARXM. Monthly dummy variables were statistically significant for onion in May and garlic in June. Garlic imports were statistically significant as a result of adding imports as exogenous variables. This study is expected to help improve the forecasting model by suggesting a method to minimize the price forecasting error rate in the case of the unstable supply and demand of onion and garlic.

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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Development of Onshore Offshore Tower Elevator with load distribution endless winder and integrated control panel (하중 분산형 엔드리스 와인더와 통합형 제어반을 적용한 육상 해상 풍력타워 승강기 개발)

  • Lee, Sang-Hun
    • Journal of the Korean Society of Industry Convergence
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    • v.22 no.6
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    • pp.711-719
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    • 2019
  • At present, wind power is the fastest growing technology in the world. The domestic market depends heavily on imports for wind tower lift. so it manage through the overseas maker. The lift manufacture, establishment and maintenance utility is increasing, localization development of one wind tower lift is necessary with domestic fundamental base technique. In this paper, we will study the components necessary for the development of onshore offshore wind tower elevators, which are currently dependent on total imports, in line with the high growth of the wind market and the enlargement of the wind power generators. First of all, endless winders and cabins, which are the core components of the offshore wind tower lift, were examined for the components that affect the structural safety. Structural analysis was performed on Sheave, which is responsible for most of the lift lifting loads, and Block Stop, a safety device that prevents the cabin from falling in an emergency. The structural suitability was evaluated by comparing with the safety factor. In addition, the on-board control panel combines the control panel of the elevator and the drive motor driving the endless winder for efficient control of the offshore wind tower lift. The addition of features improves ride comfort at departure.

Types and Trade Characteristics of Textile Products Imported from Japan during the Port-Opening Era -Focusing on Cotton, Silk, and Woollen Cloths- (개항기 일본으로부터 수입된 직물 상품의 종류와 무역 특성 -면직물, 견직물, 모직물을 중심으로-)

  • Kim, Soon-Young
    • Journal of the Korean Society of Clothing and Textiles
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    • v.45 no.5
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    • pp.770-787
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    • 2021
  • This study examines the types of cotton, silk, and woollen products imported from Japan during the port-opening period and explores the characteristics of import trade related to these textile products. Data were obtained from the Japanese trade statistics published by the Japanese government between the late 19th and the early 20th centuries. Several key findings were made from these data. First, at least 24 types of cotton fabrics, 13 silk fabrics, and 16 woollen fabrics imported from Japan were identified. Several types of weaves that can be found in the present day were also identified. Second, the total import of textiles during the port-opening period made up 33.7% of the total imports from Japan, indicating that textiles were an important aspect of import trade with Japan. The value of textile imports from Japan tended to increase overall during this time. Cotton fabrics and silk fabrics showed a tendency to increase continuously, while woollen fabrics showed a trend of gradual increase over repeating periods of increase and decrease. It is apparent from examining the ratio of Japanese and foreign products that cotton fabrics, silk fabrics, and woollen fabrics show different characteristics.

A Study on the Import and Export Pattern of Air Cargo between Korea and EU Member States (한·EU 회원국 간 항공운송화물 수출입 패턴 연구)

  • Choi, Yu-Jeong;Lim, Jae-Hwan;Kim, Young-Rok
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.30 no.3
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    • pp.86-91
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    • 2022
  • This study empirically analyzes the patterns of import and export of air cargo between Korea and EU member states. In order to understand the detailed characteristics of the air transport sector, the amount of trade was analyzed by dividing it into exports, imports, and trades. As a result of the analysis, in terms of exports, imports, and trade, both EU member states' GDP per capita and Korea's GDP showed positive directions, while EU member states' GDP and Korea's per capita GDP both showed negative directions. In addition, international oil prices and exchange rates, which were expected to have an effect on aviation trade, did not show significant results in this study. On the other hand, when applying the fixed-effect model, both the country area and the number of airports excluded from the analysis were analyzed as positive directions as a result of the Houseman Taylor analysis.