• Journal of Korea Trade
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• 제25권2호
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• pp.111-133
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• 2021

Purpose - Although remittance payment in international trade settlements has played a bigger role in recent years, scant research is being done. This study is to zero in on analyzing determinants of international trade payments focused on remittance by constructing a payment prediction model. Design/methodology - This study categorizes the types of trade payments into advance remittance, post remittance, linked remittance, letter of credit, and mixed payment, and analyzes these after constructing a logit model. For empirical analysis, 147 survey data were collected for export manufacturers in Korea, and binominal logistic regression analysis was used to analyze the type of payment method the exporter chooses for trade transactions. Findings - The likelihood of choosing advance remittance increased as the exporters had non-recovery experiences with payments, and decreased as the market power of importers increased. The possibility of post remittance increased when the export amount was large and the character of the buyer was reliable. In the case of linked remittance, it was highly likely to be selected when payment efficiency was important in trade settlement. In addition, when competition among companies in the global market is intense and market uncertainty is high, the possibility of using a letter of credit decreases. It was also found that the greater the export amount, the greater the possibility of choosing advance remittance, and even if the transaction period was longer, exporters using a letter of credit continued to use it. Originality/value - Despite the high proportion of remittances in international trade settlements, it has been hard to find studies that reflect the practical characteristics of remittances. This study classified the types of remittance into advance remittance, post remittance, and linked remittance, and built a trade payment prediction model by adding a letter of credit and mixed payment. In addition, the originality of this study is recognized in that a logistic model was constructed and meaningful results were derived.

• 아태비즈니스연구
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• 제13권2호
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• pp.183-195
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• 2022

Purpose - The study attempted to analyze how the U.S.-China trade dispute affects a highly trade-dependent South Korea. Currently, major domestic and international institutions have issued a number of conflicting predictions that the trade dispute between China and the United States will have a positive and negative impact on South Korea. Accordingly, the present study attempted to analyze using actual data. Design/methodology/approach - The analysis was conducted using actual import and export data from the United States and China and actual import and export data from the United States and China from South Korea. The analysis measured the number and amount of imports and exports by year and month, and the rate of increase and decrease. We also looked at trade dispute days, import and export outcomes and what the impact was. In addition, as a result of the US-China trade dispute, the amount of change in Korea's imports and exports was analyzed. Findings - Empirical analysis shows that South Korea's exports to the United States and China have increased. The analysis results are as follows. First, exports to the United States increased by 5.65% in 2018 and 6.45% in 2019 compared to 2017. Second, exports to China surged 12.34% in 2018 compared to 2017. This increase in South Korea's exports to the United States and its mass exports to the United States shows that South Korea has benefited from the trade dispute between the United States and China. Research implications or Originality - South Korea, which is highly trade-dependent, has been heavily affected by the U.S.-China trade dispute. Various predictions are made about this. The analysis showed that South Korea's export volume has increased. In the end, the effect of the trade transition to the 3rd country did not occur. Rather, the U.S.-China trade dispute appears to have helped South Korea.

• 산경연구논집
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• 제11권9호
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• pp.7-16
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• 2020

Purpose: Many studies show that promoting the development of trade facilitation has a positive role in stimulating the country's foreign trade. Therefore, it is of great practical significance to study the development level of trade facilitation for China's export trade. Research design, data and methodology:This study analyzes the growth trend of China's export trade volume in 2009-2019, the characteristics of China's export trade market according to the top 18 major exporting countries in 2017-2018, the structure of export commodities to understand China's economic development level, and compares the total amount of trade exported to all uses this to measure the level of trade development. On this basis, this paper selects the 2011-2018 Trade Facilitation Index and C continents to study the development trend. Based on the theory of trade facilitation, this paper constructs the Trade Facilitation Index, and hina's export trade volume for empirical research. Results: The results show that trade facilitation has a positive and significant impact on the development of China's export trade. Conclusions: Based on the analysis of the actual situations and empirical results, this paper puts forward some suggestions to promote the level of trade facilitation in order to promote the development of import and export trade.

• 한국작물학회지
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• 제11권
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• pp.133-142
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• 1972

1. The purpose of this study is to present effective way of increasing agricultural trade through investigating agricultural trade aspects of the south-east asian countries. 2. As the main industry of all the countries except Japan is agriculture, agricultural products occupies large part of products exported in these countries. However, due to the low level of technology and shorts of products to be exported, the traded amount of agricultural products is not so much. 3. In view of industralization, these countries are similiar to Korea. Therefore, Korea can hardly expect to increase trade amount only with the traditional agricultural products, for these countries emphasis on the import of capital goods. 4. The climate and the level of production technology of these countries differ greatly respectively. In order to increase exports, Korea has to develop strategic goods considering the facts mentioned above.

• 수산경영론집
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• 제39권3호
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• pp.91-109
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• 2008

The worldwide proliferation of regional trade agreements combined with rising interests of 37countries has led to the emergence of a possible GSTP between each country. Although there are many obstacles to GSTP, its effect, if a realized, will go beyond trade related issues. This study was to specify and estimate a model of Korea-GSTP Ground in Korea that can be used to evaluate and improve management decisions. The development of the model relied on several submodels. On the trade negotiation side, a import demand function was estimated in order to account for the increasing amount of import. In terms of margin of preference(MOP)s, they were used to estimate values after decreasing tax based on scenarios I, II, and III. The results showed that the highest effects for increasing value and amount of import are a freezing crab(HS code 0306143000) and freezing hairtail(HS code 0303793000). This paper will be provide to help policy makers understand the Korea-GSTP Ground in the Korea fishery.

• 한국게임학회 논문지
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• 제7권4호
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• pp.125-134
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• 2007

아이템 거래의 속성에 대해서는 그동안 많은 연구가 진행되어 왔으나, 막상 아이템 거래의 발생 원인에 대해서는 설문조사 등의 방법만 수행되어 왔고, 온라인 게임 내에서의 경제 분석 에 의한 연구는 이루어지지 못하였다. 따라서 본 연구는 온라인 게임 내에서의 아이템 수요와 공급에 대해 역할참석, 직접관찰, 관련자 면담 등의 방법을 사용하여 게임 내에서의 아이템 거래의 원인을 분석하였다. 분석 결과 아이템 거래가 일반 게이머들 사이에서 차지하는 비중은 크지 않으며, 인챈트를 즐기는 소수의 게이머, 혈전 및 공성전을 수행하는 사람들 사이에서 중점적으로 발생한다. 또 주된 아이템 공급자는 일반게이머가 아니라 작업장이다. 즉 아이템 거래는 소량으로 적은 액수를 거래하는 다수의 게이머와, 대량으로 많은 액수를 거래하는 소수의 매니아 게이머에 의해서 발생한다. 이러한 아이템 거래의 소수 집중적 속성을 파악하는 것은 아이템 거래와 관련된 제반 정책 및 사회적 영향을 검토하는 데에 기반 지식으로 활용될 수 있을 것이다.

• 무역학회지
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• 제47권6호
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• pp.355-375
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• 2022

In this study, LCA based on EU PAS 2050 and Product Category Rules (PCR) was conducted for steel products with the highest proportion of Korea's exports to the EU among the carbon border adjustment items that were passed by the EU Parliament in June and applied to imports from 2025. Carbon emissions were calculated by (ISO 14040) analysis. As a result of the analysis, the total emission is 394,000 tons, and when converted to the EU ETS weekly price, it is 39,000.000 euros, which is about 5% of the export amount of 734 million dollars. This is the same effect as a 5% tariff increase. This study applies international standards in calculating the carbon footprint and provides information that is closest to the expected amount to be imposed in the future EU CBAM, providing the effect of enabling exporters to establish trade strategies and international competitiveness measures in advance.

• 무역상무연구
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• 제52권
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• pp.97-118
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• 2011

85% of South Korea's gross domestic product(GDP) depends on trade. Exports amount in 2011 exceeds $ 5,000Billion. Korea is expected to achieve $ 1 trillion in total trade volume and will become finally the ninth in the world. We do not have a lot of natural resources and are bound to export the finished products to pursue economic development. In other words, trade sector is very essential for Korea to continue economic growth. The department of trade in universities have brought up the concerned students serving for trade sectors. Currently, "half-price tuition" in universities has become very controversial issue in Korea so this paper studies the efficiency of "the Department" because the universities may reconsider the adjustment of tuition fee, if they can enhance the efficiency level. DEA model is used for the analysis. As a result, 8 DMUs like KAN1, KEI5, BAE10 etc. show relatively higher efficiency levels.

• 무역상무연구
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• 제49권
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• pp.409-434
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• 2011

SWIFT has designed Trade Services Utility(TSU) to meet the new paradigm of electronic trade. The Trade Services Utility is a matching and workflow application that sits on the SWIFT network. The TSU is designed to help banks offer advanced supply chain services to their corporate customers who are involved in open account trading. Nowadays, the Bank payment obligation(BPO) can optionally be included in a baseline by mutual consent. The BPO is an irrevocable and conditional obligation of an obligor bank(buyers bank) to pay a specified amount to seller's bank according to an established baseline of a single TSU transaction. Therefore, SWIFT enables its customers to automate and standardise financial transactions, thereby lowering costs, reducing operational risk and eliminating inefficiencies from their operations. Whereas, Banks can use the core functionality of the Trade Services Utility to offer competitive services that complement existing services. But SWIFT need to come up with the measures of activating the TSU BPO. So, this paper is to introduce TSU BPO and check the measures for the activation of the TSU BPO under the electronic trade environment.

• 무역학회지
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• 제44권4호
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• pp.205-220
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• 2019

This article recapitulates the recent changes in trade laws, which may be accentuated due to the intriguing emergence of fortified protectionism and Mega FTAs. It points out the need to formulate not only the corporate strategy for enhancing the product differentiation and architectural capabilities but also the public policy, which comprises the industrial adjustment policy to cope with possible negative impulses caused by the digital trade and foreign direct investment. It is imperative for Korea to facilitate the alignment between corporate strategy and industrial adjustment policy as an effective means of enhancing industrial structure by nurturing those linkage effects between relevant forward and backward industries. Given the drastically volatile trade norms of multi-track trade policies, it may be a pivotal momentum for Korea to pursue a paradigm shift of its trade policy with a prime objective of achieving such an alignment between corporate strategy and industrial adjustment policy, which affords increased value-added and the further development of product or generic technology instead of resorting to the misuses and abuses of economies of scale and production technology for the maximization of export amount.