• Journal of Korea Trade
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• 제24권7호
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• pp.93-106
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• 2020

Purpose - This paper aims to examine the environmental effects of South Korean foreign trade, and the changing relationship between industrial "three wastes" emissions and foreign trade. Design/methodology - Based on time series data of South Korean foreign trade and industrial "three wastes" from 2009 to 2019, a VAR model was used to analyze the long-term internal links and dynamic changes between foreign trade and environmental pollution. Findings - Variance decomposition analysis shows that for the three types of pollutants, self-impact contributes the most to the variance decomposition. It follows that South Korean foreign trade has a certain negative impact on the environment, and this impact has a certain sustainability. Originality/value - This paper contributes to the study on the relationship between foreign trade and environmental pollution. It theoretically proposes a coordinated development path for foreign trade development and green development based on the environmental impact of foreign trade, to provide a reference for the development of collaborative promotion.

• 한국경제지리학회지
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• 제3권1호
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• pp.35-51
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• 2000

국제교역흐름은 경제적 요인들 뿐 만 아니라 세계의 사회, 정치, 문화적 환경에 의하여 결정되어 왔다. 세계화와 더불어 국제교역환경도 빠르게 변화하고 있으며, 이러한 변화는 국제교역의 흐름에 상당한 변화를 주고 있다. 본 연구의 목적은 경제의 세계화가 국제교역의 흐름에 미치는 영향을 파악하고자 하는 것이다. 우선 국제교역에 나타나는 변화를 특히 경제적, 사회적, 정치적으로 국제적 연계가 강화되면서 나타나는 경제적 결합에 초점을 두어 산업 입지와 투자, 그리고 그 밖의 교역환경들과 연결하여 종합적으로 파악해 보았다. 특히 산업 입지에 변화를 주어 상품의 수요와 공급의 공간적 분포를 재편하는 역할과 함께 기업내 교역흐름을 확장시켜 결과적으로 국제교역패턴에 영향을 끼치고 있는 다국적 기업들에 의한 해외직접투자의 영향을 분석하였다. 기업내 교역은 해외직접투자의 흐름에 의해 결정되므로 본 연구에서는 해외직접투자의 기원지와 대상지의 지리적 특성을 분석하였다. 또한 해외직접투자와 기업내 교역의 공간적 분포에 나타나는 변화를 분석하였다.

• 유통과학연구
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• 제13권10호
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• pp.23-34
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• 2015

Purpose - Currently, the foreign trade environment in China has shifted to a very different system. Korean enterprises have been forced to compete with Chinese enterprises in today's world market owing to the economic growth and technical improvement in China. Research design, data, and methodology - The author visited Korean export enterprises in Shanghai from January 5 to 12, 2014 to implement a questionnaire survey and conduct in-depth interviews with the local enterprises. The author investigated the Shenyang area using e-mail communication. For the questionnaire, one copy of the questionnaire was given to each business and to a staff member for each of the products when a company sold multiple products. Results - Selling cost advantage, efficiency of economic scale, and product differentiation had the most influence on Korean enterprises' export strategy to China. Additionally, entry barrier, product differentiation, and concentration all had an influence on Korean enterprise export strategy to China as well. Conclusion - Korean enterprises developed strategies for price priority, economies of scale, and product differentiation based on changes in the competitive structure in the Chinese market.

• Journal of Korea Trade
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• 제27권3호
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• pp.179-198
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• 2023

Purpose - There is a paucity of literature dealing with exporters' compliance issues in e-commerce exports. This study aims to fill this gap in the literature by exploring customs initiatives to facilitate the e-commerce exports of small and medium-sized enterprises (SMEs) in the changed compliance environment. The central question of this study was divided into five subquestions: first regarding the pros and cons of trade facilitation measures for Korean e-commerce export clearance; second and third questions about risk and compliance management for facilitation fourth about instruments, the changes in Korean SME compliance burden in e-commerce exports, and ways to improve trade facilitation for e-commerce exports. Design/methodology - This study adopts a qualitative approach using a case study method to understand the SME experience in Korean e-commerce export compliance procedures. A qualitative method was selected to answer research questions requiring an in-depth understanding of the regulatory procedures of customs administration and exporters' compliance burden. Because this study addresses the changing compliance environment for which statistical data is insufficient, a quantitative method is considered inappropriate. Based on the approach, data were collected using multiple sources, including an extensive literature review, interviews, and field observations. Thematic pattern matching was applied to interpret the data. Findings - This study examined ways to support SMEs in the changed e-commerce export compliance environment. Facilitation measures for e-commerce exports have contributed to SME access to global markets, simplifying export clearance procedures, and saving exporters' compliance costs. However, such instruments are limited in promoting SME compliance capabilities to cope with intensified competition and strengthened controls over foreign exporters in cross-border e-commerce. Therefore, this study highlights the importance of reshaping facilitation measures for e-commerce exports based on risk and compliance management theories to a system encouraging exporters' voluntary compliance. Originality/value - This study's academic significance derives from verifying the relationship between trade facilitation instruments and risk and compliance management procedures using an actual case in Korea. It is also of practical importance in navigating the directions for improving facilitation measures for e-commerce exports in a changed compliance environment.

• 아태비즈니스연구
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• 제12권4호
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• pp.289-297
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• 2021

Purpose - This study analyzed the correlation between economic liberalization and foreign direct investment. The purpose of this study is to seek ways to attract foreign direct investment from developing countries. Design/methodology/approach - This study analysed with observations of 19 from 2000 to 2018 using a fixed effect model, a random effect model, and a two-way fixed effect model. Findings - First, it was found that economic liberalization had a positive effect on attracting foreign direct investment in the early stages of economic liberalization. Second, it was found that economic liberalization in the deepening stage of economic liberalization had a negative effect on attracting foreign direct investment. In general, it was found that the higher the level of economic liberalization in developing countries is not accompanied by innovative changes in the industrial structure, the higher the level of economic liberalization is likely to decrease the inducement of foreign direct investment due to negative factors such as an increase in labor costs. Overall, this study approved that Economic liberalization have a non-linear (inverted U-shape) relationship with the inflow of foreign direct investment. Research implications or Originality - First, this study attempted to expand the variables for the determinants of FDI by analyzing economic factors which is a determinent of FDI. Second, economic liberalization generally has a positive effect on foreign direct investment, but it proved that it does not have only positive effects as a factor of attracting foreign direct investment in developing countries. The advantage of low wages in ASEAN countries acts as a factor for foreign direct investment, but as the degree of economic liberalization increases, the environment such as government size, guarantee of property rights, international trade freedom, fiscal soundness, and regulations change positively. On the other hand, it can be suggested that if the industrial level is less, it may lead to a loss of comparative advantage and a decrease in investment.

• 무역상무연구
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• 제56권
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• pp.29-54
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• 2012

As market is more and more mature, the survival environment of exporting companies is getting severer, which throws exporting companies into great pressures of the process of growth and development. For most businessmen, the hardest part of starting a foreign business is to find buyers or to get customers, which is more critical for small and medium-size foreign enterprises. The fast changes of internal and external trade and market circumstances, together with the advent of e-commerce, led to the diversified of the way to find foreign buyers for exporting companies. But the performance differs in using different ways of finding foreign buyers. Therefore, this study examines the status of the methods of finding foreign buyers and performance of exporting companies in China. Based on the investigation of the ways of finding foreign buyers, this study tries to find out the most efficient ways of finding foreign buyers for them. And this study tries to propose some practical suggestions for the exporting companies based on the analysis that will help them to improve companies' performances.

• 한국지역지리학회지
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• 제22권4호
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• pp.792-808
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• 2016

국가 경제에서 대외무역이 차지하는 중요성이 큰 까닭에 우리나라는 협소한 국토 규모에 비해 무역항으로 지정된 항만의 수가 많다. 그러나 일부 중소 무역항들은 저조한 이용실적으로 인해 SOC 중복 투자에 따른 재정 낭비에 대한 비판이 제기되는데, 이는 지역별로 무역항의 대외교역 특성과 비교우위가 세밀하게 분석되지 못한 상황에서 건설 운영되었기 때문으로 판단된다. 이에 본 연구는 시계열 군집분석 기법을 활용하여 국내 중소 무역항 19개를 대상으로 과거 20년 동안의 교역 규모, 취급화물 품목 수, 교역 대상국 수 증감 등의 변화 패턴과 유형을 분석하였다. 분석결과 우리나라 중소 무역항은 분석 지표에 따라 모두 5가지의 성장 패턴 유형으로 구분되었고 유형별 특성과 시사점도 도출할 수 있었다. 대외 무역환경이 급격하게 변화하고 지역간 균형있는 발전의 중요성이 강조되는 오늘날 중소 무역항의 성장 유형과 특성을 탐색하는 연구는 매우 중요하며, 금번 연구 결과는 향후 지역차원의 항만 개발 및 운영에 유의미한 시사점을 제공할 것으로 기대된다.

• 무역학회지
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• 제44권3호
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• pp.203-226
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• 2019

This study incorporates the structural relationships between leadership styles (LS), affect climate (AC), and organizational performance (OP) in Korean export manufacturing companies with three or more overseas subsidiaries. A theoretical model is suggested with the following empirical results. First, the positive effect of engaging leadership (EL) on organizational citizenship behavior (OCB), as well as of engaging leadership, involving leadership (IL), and goal-oriented leadership (GL) on team performance (TP), proved to be significant. Second, both engaging leadership and goal-oriented leadership have significant positive effects on optimism, while involving leadership has significant negative effects on pessimism. Third, only optimism has a positive (+) effect on OCB and TP. The mediating effects were proved to be significant in two paths: one in EL->optimism->OCB and the other in EL->optimism->TP. Finally, in responding to rapid changes in the external environment of exporting companies, the engaging leadership is a key source of organizational performance by forming a favorable affect climate. Therefore, top management should recognize the role of team leaders and strengthen their leadership training. In addition, it was confirmed that leaders with emotional intelligence that can respond to the affects of members play a more important role in forming an optimistic climate in Korea export manufacturing enterprises with foreign subsidiaries.

• 통상정보연구
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• 제10권1호
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• pp.375-393
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• 2008

The purpose of this study is to investigate the Chinese investment environment and analyze the actual investment condition of Korean enterprises in China and examine the points at issue. In general, the investment environment in China shows satisfactory progress. China has a multiple and regional extension policy in investment. And the environment for investment changes to insufficiency of company profit, extension of service market, maintenance of legislative system, and insufficiency of preference about foreign company. There are situations of inclining to manufacturing, inclining of region, preference of independence investment, small-sized investment by small and medium enterprises, difficulty of financial assistance, excess of logistic cost, delay of logistic term, difficulty of settlement of legal dispute and difficulty of taking a relative information in investment of Korean enterprise in China. The results of the study indicate mostly that the investment of Korean enterprise into China needs turnover of service trade-tertiary industry, portfolio of investment territory, cooperation with Chinese enterprise through joint venture investment and a large-scale investment for extension of Chinese domestic market.

• The Journal of Asian Finance, Economics and Business
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• 제8권4호
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• pp.263-276
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• 2021

This study examines the effect of international capital flows on corporate capital structures in Vietnam by analyzing panel data from all non-financial listed firms from 2005 to 2014 using pooled ordinary least square (OLS) with a variance estimator. The analysis includes a comparison of the signs and significance of the variable coefficients from the perking order and static trade-off theories to the empirical results to determine the optimum approach to the corporate capital structure given Vietnam's high-inflation environment. The results indicate that international capital flows have a positive relation to the debt ratio in the long term, and the relationship is more robust for 2005-2009 than for 2010-2014. Corporate capital structures adjusted to changes in the business environment in different sub-periods (2005-2009 and 2010-2014). When the economic environment became more favorable, the pecking order theory's predictive power increased, and that of trade-off theory lessened. Manufacturing and non-manufacturing firms required different capital structure decisions to fuel their operations and grow under foreign competition. The analysis demonstrates that firms should intensify their use of long-term debt relative to the availability of capital, which is an implication not only for firms in particular but also for industrial innovation overall.