• Title/Summary/Keyword: Commodity Trade

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A Study on the relationship between Koera-US FTA and Export Competitiveness in Gyeonggi Province (한.미 FTA 체결과 경기도의 수출경쟁력에 관한 연구)

  • Lee, Jae-Hwa;Song, Jeong-Seok
    • International Commerce and Information Review
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    • v.10 no.4
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    • pp.221-250
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    • 2008
  • This study investigated and analyzed the export competitiveness of Gyeonggi-Do and the effect of Korea-US FTA on its export competitiveness. By reviewing the current status of trade structure and implementing trade specialization index(TSI) of export commodities of Gyeonggi-Do, the investigation has listed the specific export commodities with competitiveness for increasing the volume of its export in the United States, in the short, mid and long run perspectives. From the findings in this study, it suggests specific trade and commercial policies to Korea-US FTA including implementing commodity-oriented export supporting system, strategic marketing method, economic-free-zone plan, R&D investment, export financing and regional economic cooperation.

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Export Positions in the Global Apparel Commodity Chain and Unit Values of Apparel and Textile Products Exported to the United States (국제의류사슬 내 수출위치가 섬유 및 의류제품의 미국 내 수출단가에 미치는 영향)

  • Lee, Eun-Ju;Lee, Kwang-Bae
    • Journal of the Korean Society of Clothing and Textiles
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    • v.26 no.12
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    • pp.1716-1726
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    • 2002
  • 본 연구는 국제의류사슬 내 수출위치를 단순조립 생산 (Mere-Assembly Production), 주문자 상표부착 생간방식 (Origin Equipment Manufacturing), 고유상표 생산방식 (Original Brand Name Manufacturing)으로 규명하고, 각 국가의 의류사슬 내 수출 위치가 수입 단가에 어떠한 영향을 미치는지 조사하였다. 1999년 미국Department of commerce의 무역 자료를 사용하여 국제 의류사슬 내 각각의 위치를 점하고 있는 방글라데시, 홍콩, 한국, 이태리를 비교한 결과, 의류사슬 내 위치에 따라 이들 국가로부터의 섬유 및 의류제품의 미국 내 수출단가가 통계 적으로 유의 한 차이를 보이는 것으로 나타났다.

Ontology Model based on Harmonized Commodity Description and Coding System Codes (품목분류코드 기반의 온톨로지 모델)

  • Kim, Dong Kyoo;Son, Jiseong;Baik, Doo-Kwon
    • Proceedings of the Korea Information Processing Society Conference
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    • 2010.11a
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    • pp.132-135
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    • 2010
  • FTA(Free Trade Agreement)는 체결국들의 자유로운 물자 이동을 기반으로 무역의 활성화와 외국자본의 직접투자를 통해 경제성장을 가져오는 중요한 협정이다. 그러나 FTA 협정의 체결조건에 따라 품목별 세율 등의 정보가 달라진다. 국제통일상품분류체계(Harmonized Commodity Description and Coding System)코드도 마찬가지로 국제 공동코드 영역인 6 자리까지 동일 하나, 7 ~ 10 자리까지는 각 국가에 의해 운영관리 되어, 국가별로 품목분류 방식이 달라진다. 또한, 품목분류코드가 갱신 될 때마다 연관 정보를 사용자에게 제공하고 있다. 그러나 우리나라와 FTA 체결국간 세부품목분류 방식이 달라 품목분류방식의 의미에 따라 담당자가 한 건씩 비교하고 맵핑하여, 많은 시간과 인력이 소모된다. 따라서, 의미를 갖는 품목분류코드를 맵핑하면서 발생하는 문제들이 있다. 이를 해결하기 위해, 이 논문에서는 품목분류코드 기반의 온톨로지 모델을 제안한다.

Imported Intermediate Goods and Economic Growth

  • Kim, Kyung-Min
    • Journal of Korea Trade
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    • v.25 no.8
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    • pp.25-44
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    • 2021
  • Purpose - This research aims to provide empirical evidence that highlights the importance of imported intermediate goods in long-term economic growth. To this end, this paper develops an index that measures the productivity gains associated with a country's intermediate goods imports using highly disaggregated trade data. Design/methodology - The basic hypothesis is that countries sourcing higher-productivity (or higher-quality) inputs from developed economies derive a larger benefit from foreign R&D. To explore this hypothesis, standard cross-country growth regressions are performed using the highly disaggregated data from the United Nations (UN) Commodity Trade Statistics Database (COMTRADE). To address the endogeneity issue, I apply an instrumental variable (IV) approach. Findings - The results of this study demonstrate that the index predicts subsequent economic growth in middle- and low-income countries. This finding is consistent with previous studies that have argued that developing countries can achieve substantial productivity gains by importing intermediate inputs from developed countries. By contrast, there is no evidence of a significant association between the index and economic growth in high-income countries. Originality/value - This paper contributes to our understanding of the causal relationship between international trade and economic growth. From an economic policy perspective, the results suggest that developing countries with limited technology endowment can boost growth from input-tariff liberalization.

A Study on Fair Trade Perception and Purchase Behavior of University Students (대학생의 공정무역에 대한 인식과 구매행동 유형에 관한 연구)

  • Choi, Ara;Koo, Hye-Gyoung
    • The Journal of the Korea Contents Association
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    • v.19 no.1
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    • pp.304-315
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    • 2019
  • The purpose of this study is to identify factors affecting the purchase of Fair Trade products and to segment consumer which were typed according to the fair trade consumption competency, attitude and ethical consciousness of the University students. As a result, there are 4 type consumers, general type, indifferent type, individualism type, and fair trade practice type. Factors that directly affect the purchase experience of Fair Trade products are knowledge, willingness and interest in fair trade. In the end, education should be provided through fair education and ethical consumption through systematic education, and outside of school, social effort should be accompanied by the media and various contents to enable college students to promote their knowledge and interest in fair trade. In order to activate the fair trade market, it will be necessary to improve the quality to secure the market value as a commodity and to increase the price acceptance of the consumer.

A Study on the Interpretation of FTA Rules under WTO Agreement (WTO 협정하에서 FTA 체결의 정합성에 관한 연구)

  • Park Jong-Sam
    • Journal of Arbitration Studies
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    • v.15 no.3
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    • pp.233-266
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    • 2005
  • The world trading system has been under many changes in recent years. One notably important development is that much attention away from the multilateralism-oriented World Trade Organization towards FTA(Free Trade Agreement). The Free Trade Agreement signed between korea and chile formally have been come effective for free trade in goods and services as from April 1, 2004. During Free Trade Agreement negotiations between both countries. This study aims at presenting the suggestion for the Korea to make the WTO rules and FTA by analyzing The interpretation of FTA under WTO System. It was founded by the investigation of WTO rules, most of the provisions are similar with other FTA, but a little provisions different from other FTA's. It is an appearance from the contracting party's peculiar circumstances such as state of industrial development or future prospect, conditions around international trade. The whole world has entered the new stage of bilateral and multilateral FTA. The essential or new generation or bilateral and multilateral FTA is creating more trade opportunities, promoting all factors, commodity, service, capital, technology and talent freely flow through canceling the trade barriers between FTA, in order to develop together within the regions. It shows that the cooperations transfer form the whole region into FTA. FTA makes not only the free trade smooth ,but also takes place the trade distortion effect. especially as the agriculture has a speciality each country, should it is ignored in negotiation, many reactions will be occurred in the process of fta Therefore Korea needs to deliver the message that Korea's hub is an essential ingredient for an efficient FTA and WTO system in a bilateral and multilateral win-win framework. Consequently Korea should have criterions about the rules of FTA and WTO system for peculiar circumstances of Korean economy and international trade.

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Service Trade, Changes in Export environment, and Response Strategy (서비스 무역 및 수출환경 변화와 대응전략 연구)

  • Sung, Hankyoung
    • Journal of Service Research and Studies
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    • v.7 no.2
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    • pp.67-78
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    • 2017
  • This paper discusses the types and importance of service trade. The service trade, which has become increasingly important, is shaped by the General Agreement on Trade in Services (GATS). However, the availability of trade data is still low. The service is expected to increase the value added of the manufacturing industry and to lead the trade enhancement effect beyond the current stagnant commodity trade. Such effects are also confirmed by studies using the OECD Service Trade Restriction Index. Korea's service trade is relatively low compared to commodities's, and some items are still in a chronic deficit. In order to overcome such a situation and develop the service industry, it may be considered to pursue active service opening around major industries. It is also possible to suggest a Korea Standard that mediates between developing and developed countries.

Institutionalization of Korean Native Beef Production and the Characteristics of Commodity Chain: the Case of Hampyong-gun in Jeonnam Province (한우 생산 제도화에 따른 한우 상품사슬의 특징: 전남 함평군을 중심으로)

  • Kim, Na-Ri;Park, Kyonghwan
    • Journal of the Economic Geographical Society of Korea
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    • v.17 no.2
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    • pp.296-320
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    • 2014
  • Since the last decades, livestock ranching has been fast industrialized and the global trade of meat products is sheer increasing. And the Korean government opened its domestic beef market to meet increasing domestic demand for beef. In this context, domestic beef production took its way to specialization and scale economies, and subsequently the commodity chain of beef became different from the conventional one. Such institutions as beef quality grade, HACCP, and brand marketing have strong influence on current beef production systems. Furthermore, along with the macro-scale change, regional and local systems and actors also transform the beef commodity chain. Hampyong-gun, which had once been a declining rural and under-served region in the past, is now actively reviving its economy by producing industrialized, specialized, and localized beef. Such native beef production is both impacted by and associated with multi-scaled actors, their institutions and supporting discourses. These heterogeneous actors and institutions form a newer form of native beef system in the region.

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An Empirical Study on Main Factors Affecting Technology Balance of Payments (기술무역수지에 영향을 미치는 주요 요인들에 대한 실증연구)

  • Pak, Cheolmin;Ku, Bonchul
    • Journal of Technology Innovation
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    • v.25 no.1
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    • pp.61-89
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    • 2017
  • This study aims to estimate empirically the respective impacts of R&D expenditure, R&D labor, overseas direct investment, commodity trade balance, and technology trade openness on technology balance of payments. To examine the presence of co-integration between them, this paper employed the ARDL-bounds test using time series data from 1981 to 2014, and the result shows that there is a stable long-run equilibrium relationship among them. Furthermore, we estimated long- and short-run coefficients of the technology balance of payments with respect to each variables based on long-run equilibrium equation and error correction model. As a result, the technology balance of payments respond negatively to R&D labor and technology trade openness, and R&D expenditure does produce positive effects in the long-run, while coefficients of overseas direct investment and commodity trade balance in the long-run are not statistically significant. Besides, according to results of error correction model, overseas direct investment only has clearly a positive effects in the short-run, in contrast, the short-term relationships between the other variables and the technology balance of payments could not definitively derived. This implies that it is necessary to procure and cultivate talented personnel, as well as to enlarge gradually technology trade size in order to improve technology balance of payments from a long-term point of view.

A Study on the Changes in Characteristics of Trade Freights and the Status as a Gateway of Busan Port between 1991 and 2010 (수출입 화물 특성과 무역관문의 위상에서 본 부산항의 변화, 1991~2010년)

  • Lee, Jung-Yoon
    • Journal of the Korean association of regional geographers
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    • v.18 no.1
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    • pp.55-70
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    • 2012
  • Busan port has played a part as the main trade gateway in Korea for several decades. However, due to the rapid integration of China into the global economy and the grand changes in global trade structures, the trade gateway system in Korea and the status of Busan port have been transformed. Busan port's role as a trade gateway toward Japan and U.S. has increased during last two decades but, in cases of China, its importance has relatively decreased. Moreover, Busan port's competitiveness has been undermined in the most part of commodity trade. These phenomena reflect the high competition among trade ports which tend to increase the effectiveness of supply chains. Based on the geographical research tradition which has understood a port as a nexus between hinterland and foreland, this study focuses the changes in characteristics of trade freights and the status as a gateway of Busan port. This approach will contribute to the understandings of dynamics in the comtemporary international logistics.

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