Korea Trade Review (무역학회지)

Korea Trade Research Association (한국무역학회)
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A Comparative Study on the Types and its Importance of Trade Claims between China and the United States: Using Text Mining Techniques

중국과 미국의 무역클레임 유형과 중요도 비교 연구 : 텍스트 마이닝 기법을 활용하여

  • Cheon Yu (Department of International Trade, Mokpo National University) ;
  • Yun-Seop Hwang (Department of International Business and Trade, KyungHee University)
  • 유천 (목포대학교 무역학과) ;
  • 황윤섭 (경희대학교 무역학과)
  • Received : 2022.05.31
  • Accepted : 2022.06.27
  • Published : 2022.06.30
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Abstract

This study is designed to identify the differences in the types and importance of trade claims at the national level. For analysis data, abstracts of arbitration and court judgments published on the website of the United Nations Commission on International Trade Law are collected and used. The target countries are China and the United States, with 102 cases from China and 59 cases from the United States. By applying topic modeling techniques to the collection decisions of China and the United States, trade claims are categorized, and the importance of each type is identified using the network centrality index derived through semantic network analysis. The analysis results are as follows. First, the main types of trade claims were the same for both the United States and China: product nonconformity, delivery issues, and payments. However, in China, the order of product nonconformity > delivery issues > payments was important, and in the United States, payments > product nonconformity > delivery issues were found to be important. This study is significant in that it presents a strategic trade claim management plan using a quantitative methodology.

Keywords

Acknowledgement

This work was supported by the Ministry of Education of the Republic of Korea and the National Research Foundation of Korea (NRF-2021S1A5A8063086)

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