무역학회지 (Korea Trade Review)

한국무역학회 (Korea Trade Research Association)
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4IR 시대의 글로벌 밸류체인(GVC) 활용과 인도시장 FDI 성과에 관한 연구

A Study on the Global Value Chain (GVC) of Indian Market and Foreign Direct Investment (FDI) in the Age of 4IR

  • 김창봉 (중앙대학교 경영경제대학 경영학부)
  • Kim, Chang-Bong (Department of Business and Economics, Chung-Ang University)
  • 투고 : 2019.01.16
  • 심사 : 2019.02.24
  • 발행 : 2019.02.28
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초록

In recent years, the Indian market has gained worldwide attention in the global trading business environment. Korean companies are also seeking to enter the indian market, and their foreign trade investment strategy is based on the Global Value Chain(GVC). In this study, we examine difference from traditional investment strategy to GVC investment strategy in the age of 4IR(fourth industrial revolution) through using POLS model(pooled least square), FEM(fixed effect model), and REM(randomized effect model). Based on the analysis of 84 monthly data related to the FDI and international trade effects between Korea and India, the following results were found. As Korean companies increased their share of export to the Indian market and export to the Indian market, the number of new companies directly invested in overseas market increased. However, the amount of import into the Indian market was relatively low in relation to the number of new companies directly in overseas markets. As a result of analyzing the investment strategy of the GVC in India, the GVC has shifted from manufacturing to process upgrading to enter the GVC on Smile Curve.

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과제정보

이 논문은 2016년 대한민국 교육부와 한국연구재단의 지원을 받아 수행된 연구임(NRF20161103).

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