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http://dx.doi.org/10.12985/ksaa.2021.29.4.153

Comparison of the Characteristics of Air Trade Import and Export between Countries with FTA and Non-FTA Countries  

Park, Beom-Sun (가톨릭관동대학교 항공정비학과)
Lim, Jae-Hwan (가톨릭관동대학교 항공경영물류학과)
Kim, Young-Rok (신라대학교 항공운항학과)
Kim, In-Bae (방위사업청 공중지휘통제체계사업팀)
Publication Information
Journal of the Korean Society for Aviation and Aeronautics / v.29, no.4, 2021 , pp. 153-159 More about this Journal
Abstract
In this study, based on actual data for the past 20 years, the factors affecting aviation trade were identified by classifying the countries that concluded FTAs with Korea and those that did not, through panel analysis. The amount was analyzed by dividing it into exports and imports, and differences between countries with FTAs and non-FTAs were also derived. As a result of the analysis, both exports and imports showed a positive(+) direction for the counterpart country's GDP per capita and Korea's GDP, and a negative(-) direction for the counterpart country's GDP and Korea's per capita GDP in the case of a country that signed an FTA. On the other hand, in the case of non-FTA countries, the GDP of both countries showed a positive(+) direction and per capita GDP showed a negative(-) direction. International oil prices did not show any significant results. As such, the results of the analysis of exports and imports are similar, but the difference is that the GDP variable acts in different directions between countries with and without FTAs.
Keywords
Aviation Trade; Countries with FTAs and Non-FTAs; Panel Analysis; Exports; Imports;
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