• Korea Trade Review
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• v.43 no.5
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• pp.47-66
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• 2018

This study analyzes the potential economic effects of a trade war between the U.S. and China. The CGE model is used to estimate the macroeconomic variables of each country and the change in imports/exports by industry by considering three different scenarios: (i) the US imposes a 25% of tariff on China; (ii) the US and China impose a 25% tariff bilaterally; (iii) the United States expands protection in vehicles and metals to Korea, Japan, and the EU. According to the results of the study, when the US and China initiate a trade war, GDP and welfare of both countries decline. China's decline in GDP and welfare are larger than those of the United States, which implies a trade war is more favorable to the U.S. than to China. In the long run, China's GDP and welfare decline widens further. While the trade volumes of the US and China are greatly reduced, the trade volumes of other countries does not significantly fluctuate. Finally, if the US extends protection policy to Korea, Japan and the EU, it creates undesirable effects on the US. In particular, damage to the US jeopardizes its advantageous position in a trade war with China. In order to emphasize the unfairness of protectionist policy and the damage to Korean industry, Korea needs to establish a strategy to counter US protectionist policy.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• 2014.10a
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• pp.62-63
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• 2014

일본의 큐슈지역과 부산지역간의 국제적 분업의 틀 속에서 수평적 혹은 수직적 분업을 통해 국경을 초월한 초광역경제권 형성 움직임과 지역 간 무역과 투자의 증대 및 경제 협력의 필요성을 제시.

• Journal of Digital Convergence
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• v.15 no.9
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• pp.189-200
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• 2017

The purpose of this study is to identify the characteristics of China's trade relationships with and dependency on the countries participating in the Belt and Road initiative and to present some implications. This study collected annual total imports, exports, and GDP data from the International Monetary Fund (IMF) on 198 countries and the National Bureau of Statistics of China (NBS) on 221 countries from 1995 to 2015. China's imports and exports have expanded considerably from the mid-1990s to the present, and China's dependence on imports and exports with the US and Japan has declined, while its dependence on the Middle East, South Africa, South America, and Southeast Asia has increased. China has a very high level of dependence on imports from and exports to the countries participating in the Belt and Road initiative, and as the Belt and Road project progresses, the mutual trade dependency between China and the other participating countries is expected to strengthen and expand.

• Korea Trade Review
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• v.41 no.2
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• pp.203-229
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• 2016

Korean general trading companies had started their business to benchmark and to adopt the successful new business models of the Japanese ones. Nevertheless, the strategic gaps between Korean and Japanese GTCs, Sogo-Shosha, still exist, including financial profitability and managerial competencies. In this regard, it is academically and practically required to find out the differences between Korean and Japanese GTCs. This study overviews the previous researches and the business cases to understand the features of GTCs and to get recent and meaningful factors which are related with the rebirth of Sogo-Shosha. Thereafter, in-depth interviews with industry experts and scholars and subsequent investigations were also conducted to suggest meaningful implications for both academicians and practitioners with the found factors. This study suggests four fundamental differences between the Korean and Japanese GTCs: ① the origin and growth path, ② business ownership, governance strategies and contracts management, ③ availabilities of investment portfolio and risk management, ④ business operation system and organizational culture. This study suggests meaningful implications for Korean GTCs to apply the experiences and lessons learned from Japanese Sogo-Shosha into their own business.

• International Commerce and Information Review
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• v.15 no.3
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• pp.25-39
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• 2013

This study is to analyze Gwangju's trade structures with China, Japan and the United Sates, and to contribute, through clarification of product competitiveness, to minimizing free-trade-induced costs as well as maximizing profits from free trade. To obtain this study purpose, two export competitiveness indicators are used; they are Trade Specialization Index (TSI) and Grubel & Lloyd(GL) Index. Intra-industry trade is examined to see if there exists a technological gap between nations. Intra-industry trade is divided into two; Low Quality Vertical Intra-Industry Trade (LQVIIT) and High Quality Vertical Intra-Industry Trade (HQVIIT). Gwangju's trade with China is HQVIIT; Gwangju exports high-quality and high-priced items to China, and imports low-quality and low-priced ones. On the other hand, Gwangu's trade with Japan is mainly LQVIIT; Gwangju exports low-quality and low-priced processed stuffs to Japan, and imports high-quality and high-priced ones from Japan. While Korea-US is mainly of both high-quality and low-quality Vertical Intra-Industry Trade; Gwangju exports low-quality and low-priced items as well as high-quality and high-priced items to the USA. Based on the analysis result, export marketing strategies are presented as follows: the transition to high value-added export system, the local entry networking, government support for trade exhibition, offer of special program on local small businesses.

• International Area Studies Review
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• v.13 no.3
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• pp.413-438
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• 2009

Tourism is an attractive field of industry to many countries due to its strong potentials in increasing employment rates as well as improving the national image. The positive effect of the tourism on the national economy and globalization has been recognized in Korea. A multilateral effort has been made in order to develop its tourist industry. Therefore, it is necessary to analyze the patterns of tourism demand in Korea. The present study analyzes and demonstrates the effects of a nation's characteristics on tourism demand. The study model was based on factors that affected tourism demand, especially emphasizing on the economic size, distance, national income, and language differences from the mother country. In particular, this study highlights the effects of economic relations between the countries and their exchange rate on tourism demand. In summary, this thesis demonstrates that actual national and international panel data enhance the credibility of the research and precisely determine factors that have a direct influence on tourism demand. A corresponding strategy of development and products are required as most tourists show the preference in advanced nations.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.26
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• pp.285-313
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• 2005

Online game business has emerged as the most lucrative entertainment industry, with over 10 million players in South Korea and over 30 million in Japan in 2005. The popularity of online games can be attributed to the availability of broadband network, pushing online games into the mainstream entertainment culture. The age distribution of online game players is expanding and a variety of new games are under development to target certain age groups. While the interactive entertainment market continues to expand, with many new online game publishers entering Japan, relatively little is known about which factors influence online game players' behavioral intentions to play continuously in this area. It appears that in this extremely attractive and growing services segment, academics, as well as practitioners, would benefit from investigating the difference, among the types of players, in demographic and social trends, perceptions related to game-design factors, and attitude toward the games. Based on data collected from online questionnaire survey, the differences between hardcore and casual players have been analyzed, and interesting conclusions have been provided concerning the online-game design and development strategies for Japan online-game players.

• Journal of the Korean Society of Clothing and Textiles
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• v.45 no.5
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• pp.770-787
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• 2021

This study examines the types of cotton, silk, and woollen products imported from Japan during the port-opening period and explores the characteristics of import trade related to these textile products. Data were obtained from the Japanese trade statistics published by the Japanese government between the late 19^th and the early 20^th centuries. Several key findings were made from these data. First, at least 24 types of cotton fabrics, 13 silk fabrics, and 16 woollen fabrics imported from Japan were identified. Several types of weaves that can be found in the present day were also identified. Second, the total import of textiles during the port-opening period made up 33.7% of the total imports from Japan, indicating that textiles were an important aspect of import trade with Japan. The value of textile imports from Japan tended to increase overall during this time. Cotton fabrics and silk fabrics showed a tendency to increase continuously, while woollen fabrics showed a trend of gradual increase over repeating periods of increase and decrease. It is apparent from examining the ratio of Japanese and foreign products that cotton fabrics, silk fabrics, and woollen fabrics show different characteristics.

• Journal of the Korean Society of Clothing and Textiles
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• v.46 no.5
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• pp.890-909
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• 2022

This study explores the types of clothing imported from Japan during the port-opening era and investigates the characteristics of import trade related to these clothing products. This is a literature study based on trade statistics data and books on Western clothing published in Japan during the Meiji period. Research findings are as follows: clothing products imported from Japan were divided into 6 types: 1) clothing, 2) undergarments, 3) shirts, 4) waterproof coats, 5) European-style clothing, and 6) nightgowns. "Clothing" is a unified name for any kind of garment, appearing in import records only from 1877 to 1884. Undergarments and shirts were imported from 1884. Waterproof coats were imported only in 1886 and 1898. European-style clothing and nightgowns were imported from 1902. In the total import of clothes, the proportion of clothing was the highest (48.0%), followed by undergarments (41.3%) and shirts (10.6%), while the ratio of nightgowns and raincoats was almost 0%. During the port-opening period, the change in the import value of clothes did not show a continuous increase, but rather showed a large stepwise increase over the course of several years.

• Korea Trade Review
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• v.41 no.5
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• pp.255-283
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• 2016

This paper empirically analyzes the relationship among the perception variables on the EU and Korea-EU FTA. According to the empirical results, first of all, while Korean university students understand the importance of EU less than those in the US or Japan, they understand the importance of EU more those in China. The understanding and importance of Korea-EU FTA are measured somewhat lower than Korea-US FTA. Second, Contingency Tables show that there exist some associated relationships between the sex and the understanding of the regions, and Korean university students have some differences in understanding the importance of the EU by sex. ANOVA shows that the more they understand the EU and recognize the importance of Korea-EU FTA, they recognize that the Korea-EU FTA's contribution to Korean economy and EU's & EURO's contribution to world economy will be bigger. Third, the cannonical correlation test shows that by the academic grade and sex there are some significant differences in understanding the importance of the EU and main countries and regions. The discriminant analysis shows that there exist some differences in recognizing the contribution of Korea-EU FTA's to Korean economy.