• Title/Summary/Keyword: Current Trade

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An Empirical Study on the FTA Performance of FTA Awareness and Applicability (FTA 인지도 및 활용도가 FTA 성과에 미치는 영향에 관한 실증연구)

  • Kim, Tae-In;Li, Jun-Jian
    • International Commerce and Information Review
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    • v.16 no.3
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    • pp.225-251
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    • 2014
  • This study was intended to confirm a positive correlation between a understanding and utilization and performance results of the FTA in Gangwon-do. To this end, eighty-six companies(90% SMEs) which participate in both import and export were surveyed regarding their understanding and utilization of the FTA, and current performance was analyzed. The research results are as follows. First, we found a positive correlation between 1) a company's global orientation (as measured in export density as a percentage of profit) and 2) its competitiveness (as measured in annual sales), and a company's degree of utilization of FTA provisions. Second, we found that increased awareness of the provisions of Korea's FTAs was positively correlated with the degree to which companies were able to benefit financially from Korea's FTAs. Third, however, at the time of this study's completion, FTA utilization was not yet positively correlated with statistically significant performance results. Therefore, to increase the utilization and performance of FTA, the Korean government have to make a efficient business models for each industry and support the small and mid-size businesses including Gangwon province's SMEs.

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A Study on the Alternative Establishment of Global Terminal Operator(GTO) and Improvement of Legal System (글로벌 터미널 운영사(GTO) 설립의 대안설정 및 관련 법 제도의 개선방안에 관한 연구)

  • Sim, ki-sup
    • Journal of Korea Port Economic Association
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    • v.36 no.1
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    • pp.1-22
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    • 2020
  • The global container terminal market is predicted to see continued future volume growth. According to Drewry, global container shipments rose by 6.3% year-on-year to 750 billion twenty-foot equivalent units (TEUs) in 2017 and are forecast to experience continued growth to 9.3 billion TEUs in 2022. According to IHS Markit, the global terminal operator (GTO) market is forecast to grow more than 10% annually, up from $2.4 billion in 2017, to exceed $3 billion by 2022. However, Hyundai Merchant Marine is the only real GTO in Korea. In particular, the shipping and port markets are facing drastic changes, both at home and abroad, including a slowdown in the growth of domestic export and import shipments, environmental changes in the container market caused by the trade frictions between the US and China, and increased changes in container shipments caused by the trade frictions between Korea and Japan. In this study, we propose ways for domestic companies to participate in the continuously growing GTO market. After analyzing the current status of the global GTO market, the government expressed a desire to explore ways to establish GTOs through the Port Authority and the Korea Ocean Business Corporation. Therefore, four types of establishment plans were proposed, along with a legal framework for the establishment of GTOs.

An Influence Analysis of Port Hinterlands on Container Cargo Volumes of Incheon Port Using System Dynamics (시스템 다이내믹스를 이용한 인천항 배후단지가 인천항 컨테이너 물동량에 미치는 영향 분석)

  • Kim, Young-Kuk;Jeon, Jun-Woo;Yeo, Gi-Tae
    • Journal of Navigation and Port Research
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    • v.38 no.6
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    • pp.701-708
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    • 2014
  • This study is aimed to obtain the influence of port hinterlands on container cargo volumes of Incheon port using System Dynamics(SD). Also, macro economic index such as exchange rates(US dollar), balance of current account, capital balance, Japan trade, China trade, export unit value index, import unit value index, total turnover of Incheon port were used as the factors that influence container cargo volumes of Incheon port. Moreover micro index regarding port hinterlands' operating companies such as total sales, rental fee, number of employees were introduced in the simulation model. In order to measure accuracy of the simulation, this study implemented MAPE analysis. And after the implementation, the simulation was decided as a much more accurate model because MAPE value was calculated to be within 10%. This study respectively examined factors using the sensitivity analysis. As a result, in terms of the effects on cargo volume in Incheon Port, the factor named 'cargo volumes of port hinterlands' operating companies' is most significant. And increasing the rental fee of hinterland was resulted in decreasing the cargo volumes of Incheon port.

A Study for New Paradigm Settlement on Business Security Management: Focus on Global Business (산업보안관리에 관한 뉴패러다임의 정립: 글로벌 비즈니스를 중심으로)

  • Yu, Hyung-Chang
    • Korean Security Journal
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    • no.39
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    • pp.355-386
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    • 2014
  • Current business environment asks the fundamental changes about business security. The essences of these changes are that the security management of today's global business is important task of managers and the security practitioner is professional who needs very specialized education and training with business thinking. Rapid process of globalization of global village tore down the business limit that was restricted on the geological areas' limitation. Rapid business environments' change that is driving depends on development of science and technology with globalization needs new paradigm to keep business continuity. With the process of globalization, Korea, which importance is gradually increasing in the national economy, has trade dependent economic system, which keeps power of national economy through trade, so Korean economic tendency is accelerating. To keep competitiveness in global market, new strategy that is different with existing domestic business management is necessary. That is, capacity of coping with outside risk in domestic business management is established in some degree, but business activities in foreign countries faces at numerous unexpected risks that differ from country to country such as difference with the custom, changes of corporate governance etc. To cope with these new risks effectively, new paradigm for business risk is necessary. Especially, flexibility of thinking like new paradigm is necessary to cope with new security risk effectively. To cope with security risk that occurs in the new business environment effectively and competes against international company in global market, company management and members' changes of cognition about security and innovative changes in security policy is necessary. In the basement of these changes, there is expansion of business security tasks, improvement of report line, enhancement of professionalism and status of security officers, variation of hands-on workers and increasing of investment to the security etc.

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Development plans of FTA Experts in Product Areas (상품분야 FTA 전문 인력 양성 방안)

  • LIM, Mok-Sam;CHOI, Mi-Soo
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.70
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    • pp.159-179
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    • 2016
  • Companies do not be resolved by the FTA services of external aid should be operational by assigning dedicated personnel inside the company. FTA is a choice, not an essential trade agreement requirements. If the exporter contracts to provide a certificate of origin in trade agreements, it shall issue a certificate of origin of goods originating management is performed. When considering the future trend of spreading wide FTA, it should be extended to one year to take advantage of the FTA Certificate of Origin environments utilizing a comprehensive environment for regional countries that require proof of origin between certain countries, such as current. FTA utilization of the future is to utilize the GVC(Global Value Chain) efficiently. In other words, the expansion of the consumer market and take advantage of an efficient production base across borders. These environmental changes are needed development of the FTA utilization promotion and FTA experts. The experts studying how to procure raw materials or intermediate goods exports in a variety of regional foreign countries, to meet the rules of origin is required for a successful FTA utilization. One of the objectives of Origin managers are qualified experts in the country of origin can take advantage of the FTA plan. Therefore, managers of origin shall collect their ability to expand the understanding and information about the industry as an international business perspective beyond the Certificate of Origin. In addition, it should be in their best learning expertise for the introduction and development of country of origin control system in an effort to effectively perform its international FTA utilization. Once the FTA is more widespread in the future and build a common origin information it must not be disconnected until the export enterprises from terminal manufacturers systematically. Therefore origin management is preferred by expanding the knowledge base of teaching and learning in the common sense to the universal subject of specialization from professional schools to promote the relevant departments so that they can be opened in a college or university. An FTA hub linking East and West, also need the confidence that in order to become a center of Glabal Supply Chain Using an FTA Certificate of Origin and stable environment for importers to import products from the country offers. Certificate of Origin and all of them thoroughly exporters and companies related to the administration of origin and should create an atmosphere that can effectively respond to the origin verification. Korea shall endeavor to elicit a geopolitical value (FTA Hub), as well as securing a competitive advantage in the global industry leverage, trading at a reasonable price competitive products thereby enhancing production and economic growth through the FTA.

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A Study of Modified Parallel Feistel Structure of Data Speed-up DES (DES의 데이터 처리속도 향상을 위한 변형된 병렬 Feistel 구조에 관한 연구)

  • Lee, Seon-Keun;kIM, Hyeoung-Kyun;Kim, Hwan-Yong
    • Journal of the Institute of Electronics Engineers of Korea SD
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    • v.37 no.12
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    • pp.91-97
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    • 2000
  • With the brilliant development of information communication and the rapid spread of internet, current network communication is carrying several up-to-date functions such as electronic commerce, activation of electro currency or electronic signature and will produce more advanced services in the future. Information communication network such as that electronic commerce would demand the more safe and transparent guard of network, and anticipate the more fast performance of network. In this paper, in order to meet the several demands, DES(data encryption standard) with parallel feistel structure, which feistel structure of the basic structure of DES is transformed into in parallel, is proposed. The existing feistel structure can't use pipeline method for the structural problem of DES itself-the propagation of error. therefore, this modified parallel feistel structure could improve largely the performance of DES which had to have the trade-off relation between data processing speed and data security and in addition a method proposed in SEED having adopted the modified parallel feistel structure shows more excellent secure function and/or fast processing ability. The used CAD Tool use Synopsys Ver. 1999. 10 in both of synthesis and simulation.

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Finding Frequent Itemsets Over Data Streams in Confined Memory Space (한정된 메모리 공간에서 데이터 스트림의 빈발항목 최적화 방법)

  • Kim, Min-Jung;Shin, Se-Jung;Lee, Won-Suk
    • The KIPS Transactions:PartD
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    • v.15D no.6
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    • pp.741-754
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    • 2008
  • Due to the characteristics of a data stream, it is very important to confine the memory usage of a data mining process regardless of the amount of information generated in the data stream. For this purpose, this paper proposes the Prime pattern tree(PPT) for finding frequent itemsets over data streams with using the confined memory space. Unlike a prefix tree, a node of a PPT can maintain the information necessary to estimate the current supports of several itemsets together. The length of items in a prime pattern can be reduced the total number of nodes and controlled by split_delta $S_{\delta}$. The size and the accuracy of the PPT is determined by $S_{\delta}$. The accuracy is better as the value of $S_{\delta}$ is smaller since the value of $S_{\delta}$ is large, many itemsets are estimated their frequencies. So it is important to consider trade-off between the size of a PPT and the accuracy of the mining result. Based on this characteristic, the size and the accuracy of the PPT can be flexibly controlled by merging or splitting nodes in a mining process. For finding all frequent itemsets over the data stream, this paper proposes a PPT to replace the role of a prefix tree in the estDec method which was proposed as a previous work. It is efficient to optimize the memory usage for finding frequent itemsets over a data stream in confined memory space. Finally, the performance of the proposed method is analyzed by a series of experiments to identify its various characteristics.

Strategic Plans to Increase Cooperation between Korean and Chinese Logistics Industries in Port Regions: Focused on Case Study in Shandong Province (한.중 항만지역 물류산업 협력 증대방안 연구 : 산둥성 사례연구를 중심으로)

  • Lim, Youngtae;Choi, Changho
    • Journal of Korea Port Economic Association
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    • v.30 no.4
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    • pp.29-46
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    • 2014
  • Nowadays the trade volume between Korea and China is rapidly increasing. With the current trend in mind, this study aims to seek strategic plans for increasing cooperation between Korean and Chinese logistics industries. The plans are especially centered around port regions, since ports are responsible for most of the trade volume between the two nations. As for the method, a case study was carried out in capital area ports in Korea and Shandong Province port regions of Bohai Economic Rim in China to address the problems and propose strategic plans to promote cooperation between the two nation's logistics industries, specifically with port regions as the center. The results showed that in increasing cooperation between Korean and Chinese logistics industries, the most important factor is for the two governments to put effort in solving the problems arising in port areas. Moreover, Korean government should strengthen its support to Korean companies in Chinese port areas as well as exert effort in multilateral ways such as system improvement and facility investment for capital area ports so as to gain competitive edge against China. This study contributes to the existing literature in that it applies suggested cooperative strategies for Korea-China logistics industry from previous studies to port regions as the focus, and it also sheds new light on institutions located in port areas through in-depth interview.

Analysis of trade newspapers related to dental hygienists as healthcare professionals using language analysis technique: using R program (언어분석기법을 활용한 치과위생사의 의료인화 관련 신문기사 분석: R 프로그램 이용)

  • Kim, Song-Yi;Yoon, Ga-Rim;Kang, Dong-Hyun;Kim, Su-Jin;Lee, Si-Eun;Jang, Soo-Bin;Hong, Seong-Min;Hwang, Ji-Hoon;Kim, Nam-Hee
    • Journal of Korean society of Dental Hygiene
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    • v.17 no.5
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    • pp.921-930
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    • 2017
  • Objectives: The purposes of this study were to analyze the trade newspapers related to 'recognition of the dental hygienist as the healthcare professional' using R program and to identify opinions of groups concerned with dental hygienists. Methods: This study was designed with contents analysis and cross-sectional. The subjects of the study were the articles for the last three years in medical and dental newspapers about the recognition of the dental hygienist as the healthcare professional. The collected articles were categorized and classified for each group's opinions about the issue. The key words were extracted according to the priorities of the opinions of agreement and disagreement. They were visualized after frequency analysis using R, a big data analysis program. Results: A total of 237 newspaper articles were extracted among 270 ones containing opinions. 245 were positive opinions and 25 were negatives. The main key words of the agreement were 'Amendment of Medical Law', 'Medical Practice', and 'Legal Guarantee of the Practice'. Advocates addressed that the issues should be resolved with the amendment of the law, as dental hygienists are not guaranteed to work based on the current law although they are actually doing the medical practices. Main key words of disagreement were 'Legal Guarantee of the Practice', 'Revision of Medical Technician Law', and 'Review of Job Type'. They described that the problem can be resolved by revising medical technicians act, and it needs to consider as job types of all healthcare professional. Conclusions: In the group who showed the positive opinions, it is possible to utilize measures such as promoting the cooperation of dental hygienists and developing public consensus through publicity.

A Research on the Economic Feasibility of Korean Nuclear Power under the Condition of Social Acceptance after Fukushima Accident (후쿠시마원전사고 이후 원전 경제성과 안전성(사회적 수용성)의 최적점 연구)

  • Kim, Dong-Won
    • Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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    • v.11 no.3
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    • pp.207-212
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    • 2013
  • Since the Fukushima nuclear power plant accident in March 2011, critical views on the increase in operation of nuclear power plants including the safety and the economic feasibility thereof have been expanding across the world. In these circumstances, we are to find out solutions to the controversial questions on whether nuclear power plants are economically more feasible than other energy sources, while the safety thereof is fully maintained. Thereby, nuclear power plants will play a key role as a sustainable energy source in the future as well as at present. To measure the social safety level that Korean people are actually feeling after the Fukushima accident, a method of cost-benefit analysis called the Contingent Valuation Method(CVM) was used, whereby we wanted to estimate the amount of expenses the general public would be willing to pay for the safety based on their acceptance rather than the social safety. As a result of calculating the trade-off value of the economic feasibility versus the safety in nuclear power plants through the survey thereon, it caused the nuclear power generation cost to be increased by 4.75 won/kWh. Reflecting this on the current power generation cost of 39.11 won/kWh would increase the cost to 43.86 won/kWh. It is thought that this potential cost is still more competitive than the coal-fired power generation cost of 67 won/kWh. This result will be available as a basic data for the 2nd Energy Basic Plan to be drawn up this year, presenting policy implications at the same time.