• Title/Summary/Keyword: imports

Search Result 462, Processing Time 0.086 seconds

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
    • /
    • v.12 no.4
    • /
    • pp.49-65
    • /
    • 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.

  • PDF

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

  • SUH, JOONGHAE
    • KDI Journal of Economic Policy
    • /
    • v.37 no.3
    • /
    • pp.75-106
    • /
    • 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.

  • PDF

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

  • Son, Mi Young;Yoon, Namhee
    • International Journal of Human Ecology
    • /
    • v.15 no.2
    • /
    • pp.1-12
    • /
    • 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.

Determinants of Trade Flows and Trade Structure between Korea and ASEAN

  • Truong, Hoan Quang;Dong, Chung Van;Nguyen, Hoang Huy
    • East Asian Economic Review
    • /
    • v.23 no.1
    • /
    • pp.55-88
    • /
    • 2019
  • Our paper contributes to existing literature by empirically investigate the trade structure and trade performance between Korea and ASEAN. Overall, trade activities between Korea and almost major ASEAN economies have significantly focused on capital goods, medium and high technology goods, while the remaining ASEAN countries' exports over Korea have been mainly primary and low technology goods. There has been a higher complementarity in between Korea's exports and ASEAN's imports compared with between ASEAN's exports and Korea's imports. Estimation results show that ASEAN's GDP and income have larger impacts than those of Korea on aggregate trade flows as well as sectoral level between two sides. Additionally, geographical conditions are critical factors impeding Korea-ASEAN trade. Meanwhile, other factors in the estimation model have mixed impacts on components of Korea-ASEAN trade structure. Finally, there is a significant room for Korea's trade expansion with ASEAN, particularly new and less developed members in future.

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
    • /
    • v.27 no.4
    • /
    • pp.44-51
    • /
    • 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.

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
    • /
    • v.25 no.4
    • /
    • pp.109-117
    • /
    • 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.

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
    • /
    • v.13 no.3
    • /
    • pp.181-188
    • /
    • 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.

  • PDF