• Title/Summary/Keyword: ASEAN-6

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한국의 대ASEAN 수산물 수출결정요인에 관한 연구 (A Study on the Determinant of Korean Fisheries Export to ASEAN)

  • 임설매;김기수
    • 수산경영론집
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    • 제47권2호
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    • pp.15-32
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    • 2016
  • The Association of Southeast Asian Nations(ASEAN) has been the most essential organization in Asia. In spite of the world economic crisis, Southeast Asian countries have shown fast economic growth since 2000, and they have been actively expanding investments and trades especially with major countries. Research on competitiveness in ASEAN market has spawned an increasingly large literature, but empirical research on the determinants of Korea's export to ASEAN is limited. The purpose of this study is to draw out the determinant of Korean fisheries export to ASEAN by carrying out a panel analysis. For achieving such a purpose, pooled OLS, Hausman Test, Fixed Effect, Random Effect are performed. The last 20 years' data over the period of 1995 to 2014 concentrated on the ASEAN 6 countries such as Indonesia, Malaysia, Philippine, Singapore, Thailand, Vietnam is used in this study. Amount of aquatic products export to ASEAN is used as the dependent variable; real exchange rate, real GDP, relative price level and GDP per capita are used as the explanatory variables and FTA as dummy variable. Empirical results show that fixed-effect analysis is the best model among all the models. As the fixed effect model shows, real exchange rate, real GDP, GDP per capita and dummy variable(FTA) play positive and statistically significant roles in fisheries export to ASEAN, while price variable plays a negative and statistically significant role to the dependent variable.

HFP방법을 적용한 ASEAN과 한국항만의 경쟁력 평가분석 (The Evaluation Analysis of Competitiveness among Ports in ASEAN & Korea - An Application of HFP Model -)

  • 김진구;전일수
    • 한국조사연구학회:학술대회논문집
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    • 한국조사연구학회 2003년도 춘계학술발표대회
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    • pp.140-160
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    • 2003
  • 본 연구는 21세기 급변하는 국제물류환경의 대책으로서 국제물류 중심화를 위한 로지스틱스 전략의 근간이 되는 ASEAN의 주요 컨테이너항만의 경쟁력 파악과 평가에 목적이 있으며 나아가 한국항만과의 경쟁력 비교를 통하여 전략적 대책을 위한 비교연구에 긍극적 목적이 있다. 연구방법론은 항만경쟁력이라는 정성적인 속성을 정량화하여 평가하는 계층퍼지분석(HFP)기법을 도입하여 실증분석을 하였다. 연구의 범위는 최근 치열한 항만간 경쟁이 전개되고 있고 국제물류전략상 연구의 관심이 고조되고 있는 ASEAN을 연구대상으로 하였다 연구의 결과 제 1 차 분석에서는 싱가포르항만이 연구대상지역에서 가장 경쟁력이 높게 나타났으며, 동일한 자료와 구조를 한국항만에 적용하여 비교 연구한 결과 싱가포르가 1위, 부산항이 2위로 평가되었다. 본 논문의 기여도는 한국과 ASEAN의 항만경쟁력 비교연구를 통해 사회과학분야의 첨단연구기법이라 할 수 있는 HFP방법론을 도입하여 정책적 관점에 응용한 최초의 실증적인 연구접근에 있다 현재까지 당 연구에서 발표된 바와 같이 정교한 모델로 한국과 ASEAN의 주요 항만개발과 세계 주요선사의 터미널 이전에 따른 역동적인 해운항만 및 로지스틱스 활동을 분석한 논문은 전무한 상태이다. 향후 연구과제로 HFP의 모델링에 ASEAN에 있어서 주요항만간 일관성 있는 항만비용자료의 미비로 적용하지 못한 비용적인 요소를 포함시켜 보다 더 심층적인 보완적 연구로 본 논문의 질을 제고 시킬 수 있을 것이다.

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동남아시아 역내교역 결정요인 분석 및 시사점 (A Study on Promoting the Intra-Regional Trade in Southeast Asia)

  • 나희량
    • 동남아시아연구
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    • 제24권2호
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    • pp.35-79
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    • 2014
  • This study examines the measures for the activation and the growth of intra-regional trade in Southeast Asia taking a look at the four dimensions of tariff rates, non-tariff barriers, trade facilitations, and trade infrastructures. Utilizing a gravity model, we performed empirical analysis and discussed the policy implications with the priorities to implement. To expand the intra-regional trade in Southeast Asia it would be necessary to enhance the level of trade facilitations and provide trade infrastructures, such as ports and airports as well as cutting the tariff rates and eliminating the non-trade barriers. In particular, in the case of exports of ASEAN6 to ASEAN6 the infrastructure is the important factor. Also, in the case of the exports of ASEAN6 to CLMV(Cambodia, Laos, Myanmar, and Vietnam), it is expected that eliminating non-tariff barriers and enhancing trade facilitations may play important roles in the progress of intra-regional trade. These results may provide the important implications for Southeast Asian countries, which are trying to promote intra-regional trade ahead of the constitution of ASEAN Economic Community by 2015. Southeast Asian countries could be evaluated to achieve a certain level of trade liberalization and economic integration through the formation of AFTA. But in order for Southeast Asia to develop to advanced economic integrated region it requires mutual cooperations and policy harmonizations among regional countries. Also, for the elimination of non-tariff barriers, promoting trade facilitations, and providing infrastructures, the administrative, legal, and institutional measures would have to be fulfilled in advance. In addition, capital investment for constructing infrastructures would be necessary to realize the intra-regional trade expansion. However, to achieve the goal, it would require a large capital investment and highly mandated policy considerations and harmonizations among Southeast Asian countries in terms of further trade liberalization and economic integration.

패널분석을 이용한 한.ASEAN FTA의 교역효과 분석 (Trade Effect Analysis of Korea.ASEAN FTA using a Panel Analysis)

  • 손용정;김현덕
    • 한국항만경제학회지
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    • 제29권3호
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    • pp.95-111
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    • 2013
  • 본 연구는 한 ASEAN FTA의 교역효과를 살펴보기 위해 패널분석을 실시하였다. Panel Unit Root Test, Panel Cointegration Test, Pooled OLS, Hausman Test, Fixed Effect, Random Effect를 살펴보았다. 분석자료는 ASEAN회원국 10개국 중 우리나라와 교역규모가 적은 브루나이, 라오스, 미얀마, 캄보디아 4개국은 제외하고, 인도네시아, 말레이시아, 필리핀, 싱가포르, 타이, 베트남 등 6개국의 1997년부터 20011년까지 15년간의 년간 자료를 분석하였다. 본 연구의 시사점은 우리 정부는 세계적인 FTA 확산추세에 대응하고 안정적인 해외시장 확보를 통한 경쟁력을 강화하기 위해서 FTA 체결 효과를 극대화할 필요가 있다. 또한 WTO의 상품과 서비스관련 규정에 일치하는 높은 수준의 FTA 체결을 지향함으로써 다자주의를 보완하고, FTA를 통해 국내제도의 개선 및 선진화까지를 도모할 필요가 있다. 이 모든 노력에도 불구하고 FTA가 성공적으로 추진되기 위해서는 무엇보다도 FTA의 추진에 따른 교역 증진 효과를 분석하여 FTA 추진과정의 투명성을 제고하고, FTA 추진과정에서 전문가의 의견을 최대한 반영할 필요가 있다.

국제개발협력을 통한 BOP 비즈니스모델 연구: 아세안시장을 중심으로 (The BOP Business Model of International Development Cooperation in ASEAN Market)

  • 정용균;하홍열
    • 국제지역연구
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    • 제21권1호
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    • pp.247-279
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    • 2017
  • 한국 기업들은 새로운 시장을 개척해야할 시점에 와있다고 평가할 수 있다. 우리나라는 2011년 무역 1조 달러 달성에 성공하였다. 그러나 그 이후 답보상태에 머무르고 있으며 최근에는 수출증가율이 둔화되고 있다. 이러한 장애요인들을 딛고, 제2의 도약을 이루기 위해서는 신시장개척이 필요한 시점이다. 이러한 상황에서 최근 BOP(Base of the Pyramid)시장이 주목의 대상이 되고 있다. 이러한 BOP시장에 진입하기 위하여서는 국제개발협력의 수단 중 공적개발원조(ODA)를 활용하는 것이 하나의 대안이 될 수 있다. 특히 2017년 현재 총인구 6억3천만 명을 상회하며 2050년에는 인구 8억 명으로 추산되는 아세안은 세계 3위의 인구를 갖고 있으며, 자체 내에 거대한 BOP시장을 갖고 있다고 볼 수 있다. 본 연구에서는 아세안시장진출을 위하여 ODA기반의 BOP시장 비즈니스 모델을 제시한다. 본 연구는 총 4개의 모델을 제시하며, 특히 CSV를 기반으로 공여국과 수원 국 모두 가치를 달성할 수 있는 민간주도형 민간협력 BOP 비즈니스모델의 중요성을 강조한다.

한국 기업의 해외직접투자 모형설정에 관한 실증 연구(중국&아세안6개국 중심:2016년-2019년 중심) (An Empirical Study on the Determinants of Korean FDI focused on China& Asean six Countries for years 2016 through 2019)

  • 이응권
    • 무역학회지
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    • 제46권1호
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    • pp.1-21
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    • 2021
  • The main purpose of this research is to analyze the changes in investment motivation by year through time series and cross-sectional analysis of the factors and investment decisions of Korean manufacturing companies. According to the investment pattern for Asean from the 1980s to the 19th, the first expansion period was 82 to 86, the average increase in overseas investment for securing foreign raw materials due to the second oil shock, and the second expansion period was a gradual increase in exports to the U.S. in 1987 to 1996. During the first stagnation period, direct investment in Asean stagnated in the aftermath of the 1998-05 Asian crisis, and in the third expansion period, part of the production facilities invested in China were relocated to Asean, increasing Asean's investment to become Korea's largest manufacturing investment in 17. Korea's proportion of investment in Asean surpassed that of mass investment since 10 years ago, and the proportion of investment in manufacturing sector has been transferred from China to Asean, and after 17 years, it has served as an overseas production base connecting China. As such, The main purpose of the research will be to extract the determinant factors and key factors for overseas direct investment and investment patterns in conjunction with global manufacturing companies' production base relocation and investment trends through empirical analysis. This research paper gave basic reference to the motivation and determinant of investment 16 years ago, and analyzed the changes in investment motivation by year and content through empirical analysis, contributing some reasonable purpose to the decision of companies and policy makers interested in overseas direct investment.

Robustness of Cash Flow Value: Investment in ASEAN

  • LAU, Wei Theng;MAHAT, Fauziah Binti
    • The Journal of Asian Finance, Economics and Business
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    • 제6권2호
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    • pp.247-255
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    • 2019
  • This study examines the different roles of cash flow in assessing investment returns in the Association of Southeast Asian Nations (ASEAN). The analysis covers over 900 listed firms across Malaysia, Indonesia, Philippines, Singapore and Thailand for the period post the Asian financial crisis of 2001-2017. Firm-level panel data analysis shows that cash flow factors are important in all contexts of cash return on assets, earnings quality and market value multiple across the region even after controlling for typical measures of profitability. The results suggest that firms should manage cash flow prudently in considerations of firm value from the shareholder's perspective, measured directly using stock return. Cash profitability on assets should become an important firm performance indicator, whilst higher cash component over reported earnings is preferred. The market also tends to respond favourably to cash flow yield as a price multiple in valuation, outpacing the role of earnings yield. Such findings are robust across the pre and post subprime crisis periods, across estimation methods pertaining to finance panel standard errors, as well as across static and dynamic considerations of returns. It is hence sensible to consider cash flow factors in the research pertaining to asset pricing and factor investing in the ASEAN region.

A Panel Analysis on the Cross Border E-commerce Trade: Evidence from ASEAN Countries

  • HE, Yugang;WANG, Jingnan
    • The Journal of Asian Finance, Economics and Business
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    • 제6권2호
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    • pp.95-104
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    • 2019
  • Along with the economic globalization and network generalization, this provides a good opportunity to the development of cross-border e-commerce trade. Based on this background, this paper sets ASEAN countries as an example to exploit the determinants of cross-border e-commerce trade including the export and the import, respectively. The panel data from the year of 1998 to 2016 will be employed to estimate the relationship between cross-border e-commerce trade and relevant variables under the dynamic ordinary least squares and the error correction model. The findings of this paper show that there is a long-run relationship between cross-border e-commerce trade and relevant variables. Generally speaking, the GDP(+) and real exchange rate(-export & +import) have an effect on cross-border e-commerce trade. However, the population (+) and the terms of trade (-) only have an effect on cross-border e-commerce import. The empirical evidences show that the GDP and the real exchange rate always affect the development of cross-border e-commerce trade. Therefore, all ASEAN countries should try their best to develop the economic growth and focus on the exchange rate regime so as to meet the need of cross-border e-commerce trade development.

Global Value Chain Formation and Human Capital: Case of Korea and ASEAN

  • Li, Jia-En;Choi, Young-Jun
    • Journal of Korea Trade
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    • 제25권6호
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    • pp.126-142
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    • 2021
  • Purpose - This study discusses the effects of human capital in the formation of GVC linkages. We also investigate GVC intensity between Korea and ASEAN. Design/methodology - To solve the doubling-counting problem in evaluating comparative advantage, RCA has been re-computed using domestic value-added (henceforth RCA_VA) at the country-sector level instead of value of trade. The impact of human capital on GVC intensity was empirically analyzed by establishing a panel data set with four industries (ISIC Rev. 4) in eight ASEAN countries from 2005 to 2015 from OECD-TiVA and WDI. Findings - The empirical results show that human capital has a negative effect on GVC intensity in the agriculture and manufacture industries, while it has a positive effect in the service and information industries. The results do not mean that low human capital is a barrier and inefficient to GVC linkages. Low Value-added activities may be more profitable to some emerging countries. These findings suggest that it is important to accurately identify the competitive elements to increase gains from trade under the GVC. Also, it shows that comparative advantages can be misled by an RCA index evaluated in trade volume under the GVC. Originality/value - This study highlights the importance of human capital as a factor for the efficient formation of Global Value Chain (GVC). This study has different from the literature in analyzing the role of human capital in formation of linkage of the GVC. And we clarify the changing patterns of trade by removing the double-counting problem under the GVC.

A Consensus Plan for Action to Improve Access to Cancer Care in the Association of Southeast Asian Nations (ASEAN) Region

  • Woodward, Mark
    • Asian Pacific Journal of Cancer Prevention
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    • 제15권19호
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    • pp.8521-8526
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    • 2014
  • In many countries of the Association of Southeast Asian Nations (ASEAN), cancer is an increasing problem due to ageing and a transition to Western lifestyles. Governments have been slow to react to the health consequences of these socioeconomic changes, leading to the risk of a cancer epidemic overwhelming the region. A major limitation to motivating change is the paucity of high-quality data on cancer, and its socioeconomic repercussions, in ASEAN. Two initiatives have been launched to address these issues. First, a study of over 9000 new cancer patients in ASEAN - the ACTION study - which records information on financial difficulties, as well as clinical outcomes, subsequent to the diagnosis. Second, a series of roundtable meetings of key stakeholders and experts, with the broad aim of producing advice for governments in ASEAN to take appropriate account of issues relating to cancer, as well as to generate knowledge and interest through engagement with the media. An important product of these roundtables has been the Jakarta Call to Action on Cancer Control. The growth and ageing of populations is a global challenge for cancer services. In the less developed parts of Asia, and elsewhere, these problems are compounded by the epidemiological transition to Western lifestyles and lack of awareness of cancer at the government level. For many years, health services in less developed countries have concentrated on infectious diseases and mother-and-child health; despite a recent wake-up call (United Nations, 2010), these health services have so far failed to allow for the huge increase in cancer cases to come. It has been estimated that, in Asia, the number of new cancer cases per year will grow from 6.1 million in 2008 to 10.6 million in 2030 (Sankaranarayanan et al., 2014). In the countries of the Association of Southeast Asian Nations (ASEAN), corresponding figures are 770 thousand in 2012 (Figure 1), rising to 1.3 million in 2030 (Ferlay et al., 2012). ASEAN consists of Brunei Darussalam, Cambodia, Indonesia, Lao, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam. It, thus, includes low- and middle-income countries where the double whammy of infectious and chronic diseases will pose an enormous challenge in allocating limited resources to competing health issues. Cancer statistics, even at the sub-national level, only tell part of the story. Many individuals who contract cancer in poor countries have no medical insurance and no, or limited, expectation of public assistance. Whilst any person who has a family member with cancer can expect to bear some consequential burden of care or expense, in a poor family in a poor environment the burden will surely be greater. This additional burden from cancer is rarely considered, and even more rarely quantified, even in developed nations.