• Environmental and Resource Economics Review
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• v.25 no.2
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• pp.255-276
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• 2016

This paper is designed to investigate the dynamic structure of optimal tariff imposed by the oil importing country from OPEC when OPEC increases the oil reserves through exploration and development. For this purpose, we used a Stckelberg differential game modeling approach, and tried to analyze two cases such that the one is the extraction cost is dependent on the oil reserves and the other is the extraction cost is independent of it. On the basis of this analysis, we propose that the importing contry has to impose dynamically inconsistent tariffs if the extraction cost is dependent on the oil reserves. Otherwise, she should impose dynamically consistent tariffs announced at initial time. In addition, we found that whether or not the exporting country uses some portion of oil produced for domestic consumption does not affect our policy proposition stated above.

• The Journal of the Korea Contents Association
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• v.10 no.12
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• pp.300-308
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• 2010

This study empirically investigates the export structure change of OECD countries in the field of information technology from 1995 to 2005. We used Between and Within Entropy index to estimate the difference of export structure change rather than RCA index(simple export structure change). In addition, we also estimate the relationship between R&D activities and export difference. First, empirical findings showed that IT export market concentration is decreasing gradually, and changing to more competitive market structure. Second, compared to other OECD countries, Korean exports weight of information and communication industry can be seen higher than that of bio-industry. Third, Entropy index was increased from 1995 and then gradually decreased as the starting point of 2000. Finally, the relationship between R & D activities in the telecommunications industry and impact of the export structure changes was a positive.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.16 no.11
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• pp.7788-7793
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• 2015

Both export and import sides of grain trade market are analyzed and compared in terms of the static levels and dynamic trends to make new empirical inference on the imperfect competition degree. Export concentration level is high compared to import concentration level. And such states have been sustained since 2001 until 2014. Unlike public concerns, the concentration level of export side seems to be easing by small degree. However, the grain trade market remains imperfect competitive market. Furthermore, overall imperfective competition condition over 2002-2014 has been worsened compared to 2001 level. It is because the reduction level of imports concentration is higher than that of the export concentration. Gini and Atkinson Inequality Index based on Lorenz Curve are newly utilized to analyze market concentration level, instead of the commonly used concentration ratio.

• Journal of the Economic Geographical Society of Korea
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• v.5 no.2
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• pp.249-275
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• 2002

Iksan Export Free Zone which was established for the export promotion, the employment augmentation, the technological improvement and the regional development promotion through the attraction of foreign direct investment is declining function with diminution of foreign direct investment, exportation and employment since the middle of the 1980s. The decline factor of the function was inherent in disregard of the necessary locational factors for Export Free zone's function promotion and without respect to conditions in a choice of location. And the present labor intensive industrial structure of region has some difficulties with a modification of Export Free Zone's industrial structure to a technology intensive industry. According to the lack of coherent policy, a limited plottage and a lack of the extensible space decrease the effect of agglomeration and economic of scale. And the lack of governmental policy to create a dynamic advantage comparative with an amelioration of the locational conditions of region diminish the regional attractive force to foreign direct investment.

• Korea Trade Review
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• v.42 no.1
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• pp.47-67
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• 2017

This paper analyzes industries of the Daegu-Gyeongbuk province of the Republic of Korea using the product space model that was developed mid 2000s on the basis of a network analysis framework. The study examines the structure of the product space for the 421 export items at HS 4-digit level after grouping them into 4 categories; classics, emerging champions, marginals and the disappearing products. The results suggest a significant structural transformation in the product space for the local industries and the scope and magnitude of such transformation was rather large. We were also able to confirm that the structural transformation of the product space differs from industry to industry and from group to group. While the approach used is not without shortcomings, our findings also indicate that information extracted from the world merchandise trade by way of product space indicators can be quite useful in identifying structural transformation of industries.

• International Commerce and Information Review
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• v.13 no.4
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• pp.229-249
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• 2011

The exchange rate change has been increased since the time when the floating exchange rate system was introduced in Korea. As a result, the increase of the exchange rate changes raised the risk in international trades in Korea. Also after Bretton Woods System broke down, the increasing exchange rate fluctuation raised the risk in international trade. The purpose of this dissertation is to study whether this incomplete pass-through exists in Korean export industry and furthermore to measure the markup rate of the export price using real data since Global Financial Crisis. The estimation results of the export price determination model by Error Correction Model shows that the export price of Korea has been greatly influenced by the export prices and exchange rates against U.S. Dollar of rival countries, domestic producer price as well as the Korean Won-U.S. Dollar exchange rate and also business coincidence index of U.S. in demand. Particularly, the pass-through rate of Korean Won-U.S. Dollar exchange rate to export price is estimated to be incomplete, which contrasts with the propositions of traditional exchange rate determination approach, e. g. elasticity approach, monetary approach, etc.

• The tire
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• s.228
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• pp.10-18
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• 2006

한미FTA 협상이 가속화되면서 자동차산업에 어떠한 영향을 미칠지가 초미의 관심사로 부상하고 있다. 지난 호에 한미FTA가 타이어산업에 미칠 영향에 대해 살펴 보았으나, 이번 호에서는 우리 타이어의 주요 수출시장인 미국 자동차산업의 근황과 글로벌 소싱 현황에 대해서 살펴보도록 한다. 지피지기면 백전불퇴라 했으나, 아직까지도 우리는 미국 자동차산업에 대해 정확히 이해하지 못하고 있는 듯하다. 최근 자동차산업이 한미FTA의 수혜산업중 하나로 평가되면서 노동계와 일부 식자들은 근거없는 논리를 바탕으로 국내 자동차산업의 피해를 주장하고 있다. 자동차산업은 다양한 산업과의 연관성 뿐 아니라 수 많은 전략을 바탕으로 성장하고 있는 역동적인 산업이다. 따라서 한미FTA가 자동차산업에 미칠 영향을 정확히 분석하기 위해서는 관세 및 비관세 철폐의 효과 뿐 아니라 양국 정부의 자동차 산업정책, 산업의 구조, 경쟁의 주체인 기업의 경쟁력 수준 및 전략과 소비자들의 선호도 등을 종합적으로 고려하여 정태적인 영향과 동태적인 영향을 분석할 필요가 있다. 본고에서는 미국 자동차산업의 근황과 글로벌 소싱 현황에 대해 살펴보고 이러한 글로벌 소싱이 한미FTA 자동차분야 협상에 미칠 영향에 대해 살펴 본 후 시사점을 도출해 보기로 한다.

• International Commerce and Information Review
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• v.13 no.4
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• pp.125-149
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• 2011

The present study made an empirical analysis for investigating the competitiveness of technology trades in Korea. In particular, the study deduced the correlation between technology export and technology import using the variables of Gross Domestic Expenditure on R&D and Per capita industry value added Productivity and employed fixed effect model in panel linear regression model. It is found that the R&D expenditure of OECD countries made a significant effect on the technology import and the value-added labor productivity made a significant result on both technology export and import. Therefore, it showed that the technology trade in Korea made a sensitive response to labor productivity in OECD countries. By panel analysis, machine, construction, ICT, and service industry affect most on technology export in Korea for recent 5 years. For technology import, electric-electron, chemical, service, and construction industry have significant effects. This study contributed to understanding of industrial characteristics affecting technology trades in Korea and empirical analysis to show correlation between the factors affecting technology trade.

• Korea Trade Review
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• v.42 no.1
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• pp.217-236
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• 2017

The purpose of this study is to analyze the effects of IFDI on the regional growth of 16 subregions in Korea during 2000~2014 by applying the System GMM. As a result of the analysis, the IFDI flowed into Korea has showed a positive effect on regional economic growth such as capital formation, job creation, and export expansion. but import has showed a negative effect. and Human capital has showed a positive effect but not statistically significant. meanwhile, IFDI which was flowed in the regions has showed a positive effect on the GRDP of DK regions including Daegu and Kyongbuk, while the GRDP of Metropolitan including Seoul, Incheon and Gyeonggi and BUK regions including Busan, Ulsan, Kyongnam has showed a negative effect. there were observed similar trends in the complementarities between IFDI inflows and human capital. This study has confirmed that IFDI flows into Korea are an important factor for regional growth, but the growth effect on GRDP in the region differs according to regional characteristics. Therefore, this study has suggested that it is urgent to reorganize the industrial structure along with the IFDI attraction strategy suitable for regional characteristics in order to expand the growth effect of IFDI flowed into the regions.