• Title/Summary/Keyword: Amount of Trade

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Study of the cap-and-trade system against the air pollutants in the Seoul Metropolitan Area and suggestion for its enforcement throughout South Korea (수도권 대기오염물질 배출권거래제에 대한 고찰 및 총량제 확대 시행을 위한 제언)

  • Park, Min Ha;Kim, Yong Pyo
    • Particle and aerosol research
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    • v.15 no.4
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    • pp.159-171
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    • 2019
  • The cap-and-trade system against the air pollutants in the Seoul Metropolitan Area (SMA), Korea has been implemented since 2008 and will be implemented other areas in Korea on 2020. In this study, to identify the outcome and effectiveness of the cap-and-trade system in the SMA, (1) the rate of change for NOx and SOx emissions, (2) differences between the real emission and allocated amount, and (3) the status of trading are reviewed. It was found that the NOx and SOx emissions from the sources under the cap-and-trade system decreased in the SMA but the reduction was mainly due to the reduction of fuel usage not related to the system. It was found that the average percentage of annual emission in the SMA to the allocated amount between 2008 and 2018 was 66.9% for NOx and 69.3% for SOx, respectively. It suggests that there was over allocation of the emission amounts. The average trading prices in the SMA were 0.193 $/kg for NOx and 0.128 $/kg for SOx, far lower than those in RECLAIM, 131.942 $/kg and 81.677 $/kg, respectively. It was suggested that (1) the cap system for NOx and SOx emissions should be implemented only for the area with high emission ratio from large point sources, (2) the trade system is not suitable for the effective implementation of the cap system, and (3) Korean government should not allow over allocation in order to ensure sound market function without delaying the introduction of technology.

Is Text Mining on Trade Claim Studies Applicable? Focused on Chinese Cases of Arbitration and Litigation Applying the CISG

  • Yu, Cheon;Choi, DongOh;Hwang, Yun-Seop
    • Journal of Korea Trade
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    • v.24 no.8
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    • pp.171-188
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    • 2020
  • Purpose - This is an exploratory study that aims to apply text mining techniques, which computationally extracts words from the large-scale text data, to legal documents to quantify trade claim contents and enables statistical analysis. Design/methodology - This is designed to verify the validity of the application of text mining techniques as a quantitative methodology for trade claim studies, that have relied mainly on a qualitative approach. The subjects are 81 cases of arbitration and court judgments from China published on the website of the UNCITRAL where the CISG was applied. Validation is performed by comparing the manually analyzed result with the automatically analyzed result. The manual analysis result is the cluster analysis wherein the researcher reads and codes the case. The automatic analysis result is an analysis applying text mining techniques to the result of the cluster analysis. Topic modeling and semantic network analysis are applied for the statistical approach. Findings - Results show that the results of cluster analysis and text mining results are consistent with each other and the internal validity is confirmed. And the degree centrality of words that play a key role in the topic is high as the between centrality of words that are useful for grasping the topic and the eigenvector centrality of the important words in the topic is high. This indicates that text mining techniques can be applied to research on content analysis of trade claims for statistical analysis. Originality/value - Firstly, the validity of the text mining technique in the study of trade claim cases is confirmed. Prior studies on trade claims have relied on traditional approach. Secondly, this study has an originality in that it is an attempt to quantitatively study the trade claim cases, whereas prior trade claim cases were mainly studied via qualitative methods. Lastly, this study shows that the use of the text mining can lower the barrier for acquiring information from a large amount of digitalized text.

Costume Culture in View of the Trading Goods Between Chosun and Japan in the Early Chosun Dynasty -Focused on the Exporting Goods of Chosun- (조선전기 조일간의 교역품을 통하여 본 복식문화 (II) -조선에서의 수출품을 중심으로-)

  • 이자연
    • Journal of the Korean Society of Costume
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    • v.53 no.7
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    • pp.37-45
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    • 2003
  • This study is to research the changing trends in the trading goods and the cause of the change in the early Chosun dynasty and to find out the influence that the export goods had on the Chosun society. This research demonstrated the costume culture of the early Chosun was affected by the trading trends. The export items of Chosun showed differences in chronological order. They changed from hemp cloth to cotton cloth. The cause of such change in the export items was due to the change in the amount of demand and supply, to products of Chosun. and to social factors. Looking at the amount and items of the export goods to Japan, the amount was huge and the number of trade was a lot. There were several influences that the exporting cotton cloth to Japan had on Chosun's costume culture. First, the export caused the growth of cotton industry through the reinforcement policy. Next, it made the amount of national deposit of cotton cloth exhausted as a result of the increase in the amount of the exporting cotton. It also made worse the dual distribution structure of cotton cloth and the leaning toward bad cotton cloth. And in consequence of the connection between rich merchants and politicians, these social phenomena became worse and worse. And these facts demonstrate that the costume culture of the early Chosun dynasty was affected by the trade between Chosun and Japan. Therefore, to better understand the costume culture of the early Chosun dynasty, I propose to consider the consequences resulted from the trade with Japan.

The changes and meanings in the volume of Korea red ginseng trade in late chosun dynasty (조선후기 고려홍삼 무역량의 변동과 의미)

  • Lee, Chulsung
    • Journal of Ginseng Culture
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    • v.1
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    • pp.67-77
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    • 2019
  • This study tried to evaluate the official Korea Red Ginseng(Hongsam) trade in 19th century. The Hongsam trade activities of the 19th century also show that the collected amount of Posam taxes (Hongsam taxes) alone outweigh the amount of cost spent during the same time period to launch tributary actions. It is quite obvious that the Chosun dynasty, supported by the developed techniques of ginseng cultivation and preservation methods, managed to stop the silver leaks while also stimulating the domestic commerce, handicraft business and mining operations, by exporting Hongsam to China and importing raw material and other finished products in return. The Chosun government also managed to secure considerable amount of marginal profit which at times mounted to almost 2 hundred thousand Nyangs of silver during the latter half of the 19th century thanks to this Hongsam trade activities, and accumulated the hoof-shaped pieces of silver ingot at the office of Ministry of Taxation. Even under the mostly undesirable political environment featuring unjustified deeds of the powerful houses, the commercial activities were being strongly maintained, and the transactions conducted by merchants of the Gaeseong, Euiju areas and the capital city were prospering.

Water, Energy, and Food Nexus Simulation Considering Inter-Basin Trade

  • Wicaksono, Albert;Jeong, Gimoon;Kang, Doosun
    • Proceedings of the Korea Water Resources Association Conference
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    • 2016.05a
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    • pp.190-190
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    • 2016
  • The Water, Energy, and Food (WEF) nexus is an emerging concept for sustainable resources planning and management. The three valuable resources are inevitably interconnected, that is, it takes water to produce energy; it takes energy to extract, treat, and distribute water; and both water and energy are required to produce food. Although it is challenging to fully understand the complicated interdependency, a few studies have been devoted to interpret the concept and develop the assessment tools. The tools were mainly developed for nation-wide simulations without considering inter-basin or inter-state resources trade. This study tries to present an idea to develop and implement the WEF nexus simulation model in regional scale by advancing the existing nation-wide model with additional capability to simulate the inter-basin trade. This simulation could help local planners and engineers to determine optimal policies and infrastructure solutions to reach and ensure local demand satisfaction. The simulation model is implemented in hypothetical areas with different conditions of WEF demands and supplies. Although the inter-basin trade scenarios are simulated manually, it shows that the inter-basin resources trade could enhance the resources security for a longer time period. In future, an optimization model might be developed to provide the automatic calculation to reach optimum amount of WEF for the trade, which can be a helpful tool in decision making process.

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Effective Inventory System for Decreasing Stockout Time at Discountstore (대형 할인매장에서의 효율적 재고관리 시스템)

  • 장진익;김원중
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.25 no.4
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    • pp.16-21
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    • 2002
  • This paper refer to the trade-off between delivery frequency and amount between supplier and discountstores. Discountstores prefer frequent delivery of small amount because of limited storage space, while suppliers prefer less frequent delivery of large amount in order to save transportation cost In this paper we propose a heuristic algorithm to determine the amount of order and the delivery frequency which decreases the expected length of stockout. We also evaluate various order policies for vendor managed inventory system using simulation with real data.

Low Carbonization Technology & Traceability for Sustainable Textile Materials (지속가능 섬유 소재 추적성과 저탄소화 공정)

  • Min-ki Choi;Won-jun Kim;Myoung-hee Shim
    • Fashion & Textile Research Journal
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    • v.25 no.6
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    • pp.673-689
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    • 2023
  • To realize the traceability of sustainable textile products, this study presents a low-carbon process through energy savings in the textile material manufacturing process. Traceability is becoming an important element of Life Cycle Assessment (LCA), which confirms the eco-friendliness of textile products as well as supply chain information. Textile products with complex manufacturing processes require traceability of each step of the process to calculate carbon emissions and power usage. Additionally, an understanding of the characteristics of the product planning-manufacturing-distribution process and an overall understanding of carbon emissions sources are required. Energy use in the textile material manufacturing stage produces the largest amount of carbon dioxide, and the amount of carbon emitted from processes such as dyeing, weaving and knitting can be calculated. Energy saving methods include efficiency improvement and energy recycling, and carbon dioxide emissions can be reduced through waste heat recovery, sensor-based smart systems, and replacement of old facilities. In the dyeing process, which uses a considerable amount of heat energy, LNG, steam can be saved by using "heat exchangers," "condensate management traps," and "tenter exhaust fan controllers." In weaving and knitting processes, which use a considerable amount of electrical energy, about 10- 20% of energy can be saved by using old compressors and motors.

A Study on Waste Discharge Characteristics and Disposal Policy of Jeju (제주지역 폐기물 배출처리 특성과 정책에 대한 소고)

  • Hwang, Seok-Joon;Hwang, Uk;Kim, Hyuncheol
    • Journal of Korea Society of Waste Management
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    • v.35 no.7
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    • pp.627-639
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    • 2018
  • Waste management in Jeju Province, Korea, has recently emerged as an urgent problem. The increasing waste discharge requires more landfills but, since it is an island, the available land is restricted. Accordingly, an efficient waste management urgently requires environmentally sustainable policies. In this article, the waste discharge characteristics (such as the amount of waste, its composition, etc.) of Jeju Province have been compared with those in the rest of Korea. The current industrial waste management of two cities on the Island, Jeju City and Seogwipo City, has been also analyzed to suggest policies for an efficient management. The local government's endeavor to enhance environmental awareness of the community has been known to reduce the private cost of policy compliance, and have individuals recognize the results of their policy compliance. Policies to achieve the above are then proposed.

Characteristics of Export Articles in Korean Clothing Trade -Focused on the 1990's- (한국 수출의류제품의 품목 특성 -1990년대를 중심으로-)

  • Ji, Bye-Kyung
    • Journal of the Korea Fashion and Costume Design Association
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    • v.9 no.1
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    • pp.23-33
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    • 2007
  • Clothing exports of Korea has grown rapidly till the latter half of the 1980's, contributing Korean economic development. However from the 1990's, the amount, the world market share and the international competitiveness of clothing exports have declined. Based on these phenomena, the purpose of this study was to identify the characteristics of export articles in Korean Clothing Trade focused on the 1990's. Statistical data of clothing articles(SITC 84 : Articles of apparel & clothing accessories) were used. The relative importance, trade orientation tendency and unit price of each export clothing articles were analyzed. The results of the study were as follows. On the relative importance, trade orientation tendency and unit price of each export clothing articles, outer garments or products that required complicated production process(e.g., coats, suits, ensembles, jackets, dress) had been decreased in the portion and weakened in the export orientation tendency. But one item in a set or casual wear like trousers, skirts, blouses, shirts, Jerseys, pullovers, T-shirts has been increased in the portion and risen in the unit price. These trends means that clothing exports of Korea were more focused on those category and the international competitiveness on those articles were advanced. From these results, this study can be contributed to establish the concrete clothing export articles strategies of Korean firms.

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Foreign Direct Investment and Economic Growth in Asia: Comparative analysis of China, India, Vietnam and Korea (FDI가 아시아 국가의 경제성장에 미치는 영향: 중국·인도·베트남·한국 비교)

  • Wang, Jingjing;Choi, Chang Hwan
    • Korea Trade Review
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    • v.44 no.3
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    • pp.15-24
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    • 2019
  • The study conducted an empirical analysis of the impact of FDI on economic growth in four Asian countries: China, India, Vietnam and Korea. With panel data for the 1990-2017 period, the research model was developed for foreign direct investment (FDI), export amount (EX), government expenditure (G), exchange rate (EXR), and labourable population (L). The panel analysis results show that the increase in FDI, exports, government expenditure, labourable population significantly increased economic growth. The comparison analysis for each country revealed that FDI, exports and government expenditure significantly affect economic growth in China, that exports and government expenditure significantly affect economic growth in Korea, that FDI significantly affected economic growth in Vietnam, and that the increase in the workforce contributed to economic development in India. This paper characterized the different factors of economic growth in the four Asian countries. These results suggest that setting economic priorities to suit the specific economic conditions of each country is a shortcut to more efficient economic growth.