• Title/Summary/Keyword: Domestic Trade Cost

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Strategy for Expansion of Overseas Construction Competitive Power by Official Development Assistance(ODA) (해외건설 수주경쟁력 향상을 위한 ODA (Official Development Assistance) 활용방안)

  • Choi, Jin-Wook;Kim, Jae-Jun;Lee, Han-Seung;Jeon, Rak-Keun
    • Korean Journal of Construction Engineering and Management
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    • v.8 no.5
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    • pp.173-181
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    • 2007
  • The domestic construction market is recently daunted because of the sustainable real estate regulation policy by the government. In other aspect, after the WTO(World Trade Organization)system opened overseas construction is growing continuously with grow of international economy and opening of market through world. Therefor needs to establish strategy on expansion or over seas construction competitive power. The purpose of this research is expansion on over seas construction competitive power by suggesting project cost guarantee methods to Owner and cost guarantee methods are Official Development Assistance(ODA). Accordingly, this research analyzed a developed $country^{\circ}{\phi}s$ ODA and domestic ODA. Moreover, survey to Expert of related field about over seas construction and ODA for identified problems. Especially, based on the results it intends to analyzed domestic ODA competitive power and improve strategy to competitive power of receive an order on over seas construction.

Strategies to Expand SMEs ESG Management through Domestic and Foreign ESG Cases (국내외 ESG 사례를 통해 본 중소기업 ESG 경영 활성화 방안)

  • Lim, Hyung-Chul;Jung, Moo-sup
    • Asia-Pacific Journal of Business
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    • v.12 no.4
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    • pp.179-192
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    • 2021
  • Purpose - This study is aim to stimulate ESG management of SMEs in Korea with SWOT analysis. Presently, ESG is also affecting a company's supply chain and sales. We tried to make the complementary point of Korea SMEs through domestic and foreign cases. Design/methodology/approach - We divide foreign cases into three countries, and in Korea, also divide into three groups of government, major companies, SMEs to conduct SWOT analysis. Findings - We confirmed that ESG activities were delayed in Korea compared to overseas, but the government and major companies were responding quickly. However, SMEs are complaining of difficulties in ESG activities due to cost issues and limited information. Nevertheless, some SMEs companies show the possibility by carrying out ESG activities based on their own strengths. Research implications or Originality - We suggested the need for SMEs' ESG management. The SMEs are inevitably vulnerable to ESG management compared to other groups. Therefore, We suggested the direction of SMEs ESG management expansion, that are R&D and distribution of eco-friendly activities through collaboration with universities(E), social program to improve working places(S), and expansion of governance that guarantees autonomy(G).

An Economic Perspective on Food Security

  • Seung-Ryong Yang
    • Proceedings of the Korean Society of Crop Science Conference
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    • 2022.10a
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    • pp.9-9
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    • 2022
  • The concept of food security has gained increasing attention during the food crisis period between 2006 and 2011. According to the FAO, food security is defined as an access by all people at all times to the food needed for healthy and active life. Achieving food security means that sufficient food is available, food supply is relatively stable, and those in need of food can afford food at a reasonable cost. After a short period of stable food prices the world is facing another food crisis due mainly to the COVID-19 pandemic and the Russian invasion over Ukraine. Food security has re-emerged as an urgent problem to the world. There have been two conflicting opinions about how to achieve food security. Agricultural exporting countries insist diversification of food sources and freer trade on the top of domestic self-reliance. On the other hand, food importing countries emphasize self-sufficiency of major food crops. This study investigates whether domestic agricultural production contributes to strengthening food security. The panel data analysis shows that the increase in food self-sufficiency raises the Global Food Security Index and lessens the probability of food riots, while lower import tariffs (implying freer trade) do not. Some related issues are discussed accordingly.

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The Research about Increase and Decrease of the Construction Cost by the Alteration of Design (설계변경에 의한 공사비의 증감에 관한 연구)

  • Im Chil-Soon;Lee Gyu-Chel
    • Korean Journal of Construction Engineering and Management
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    • v.4 no.4 s.16
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    • pp.106-113
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    • 2003
  • The purpose of this thesis is to provide an appropriate trade-off information for the conflicting interests caused by the various factors between building owner and contractor during selecting the contractor and performing the construction work, in which the construction was contracted by open bidding from the government or private organizations. In order to propose the legitimate evidence, the differences between the domestic contract sheet of drawing change and the process of drawing change and those of the foreign countries were compared and analysed The number of construction ordered in Youngdong area in 2001 whose construction expenses are more than 100,000,000 won is 218 items and 147,005,000,000 won in total cost Among them, the number of 218 items whose total cost amounts to 16,705,000,000 (11.36$\%$) is in case of increase of construction expenses due to the drawing changes, and the number of 48 items whose tool cost amounts to 2,009,000,000 won (1.37$\%$) is the case of decrease. In conclusions, the contractor could have more benefits than the building owner in case they submit the detailed estimate sheet without eliminating the increasing expenses of construction. It is shown that the building owner's loss is increasing whenever the labor cost is higher material cost Therefore, this thesis proposes a proper standards for the harmonious compromise between the contractor and the building owner for the problems caused by the drawing changes when the contract agreement is occurred.

Analysis of the Influences on Domestic Wood Market by Prohibiting Illegal Wood Products Trade (불법목재의 교역 제한 조치가 국내 목재 시장에 미치는 영향 분석)

  • Kim, Dong-Hyun;Park, Hyun;Lee, Ho Sang
    • Journal of Korean Society of Forest Science
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    • v.107 no.3
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    • pp.305-315
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    • 2018
  • This study conducted to estimate the influences of policy which prohibits illegal logging trade. Before analyzing of the economic effects for this policy, scenario methods were selected to inflect economic circumstance by implementing it. In order to do, the policy experiments were carried out using equilibrium displacement equation model. Results show that change ratio of log price was increased 0.066%~0.071%. Since the primary import country of log is New zealand which is high CPI score rather than Republic of Korea so that imported quantity of log was decreased thinly. Because imported log price is worked as a cost in the lumber market, if the imported log price was increased, supply of lumber has to be decreased. So that, not the change ratio of domestic lumber price was increased 0.885%~4.179% but supply of domestic lumber was increased 5.367% respectively along the goods features as a heterogeneity or homogeneity on the market.

Predicting the Future Price of Export Items in Trade Using a Deep Regression Model (딥러닝 기반 무역 수출 가격 예측 모델)

  • Kim, Ji Hun;Lee, Jee Hang
    • KIPS Transactions on Software and Data Engineering
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    • v.11 no.10
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    • pp.427-436
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    • 2022
  • Korea Trade-Investment Promotion Agency (KOTRA) annually publishes the trade data in South Korea under the guidance of the Ministry of Trade, Industry and Energy in South Korea. The trade data usually contains Gross domestic product (GDP), a custom tariff, business score, and the price of export items in previous and this year, with regards to the trading items and the countries. However, it is challenging to figure out the meaningful insight so as to predict the future price on trading items every year due to the significantly large amount of data accumulated over the several years under the limited human/computing resources. Within this context, this paper proposes a multi layer perception that can predict the future price of potential trading items in the next year by training large amounts of past year's data with a low computational and human cost.

Industrial review and competitiveness analysis of footwear market (신발 산업 현황과 경쟁력 분석)

  • Lee, Ji-Yeon;Uh, Mi-Kyung;Park, Myung-Ja
    • Journal of the Korea Fashion and Costume Design Association
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    • v.21 no.1
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    • pp.59-72
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    • 2019
  • The purpose of this study is to analyze the present condition of the Korean footwear industry, and its competitiveness through related precedent research. Research was done by analyzing data from the Korean Statistical Information Service, the Korea International Trade Association and advanced research about the footwear industry. Footwear markets all over the world are growing continuously. The main consumers are China, America and India. World footwear trade is showing a growth trend on the basis of cost and amount. The main exporting countries are China, Vietnam and Italy, while main importing countries are America, Germany and France. The domestic market and the export market of footwear in Korea are decreasing. The scale of exporting footwear is gradually decreasing, however the scale of importing footwear is increasing. Korea exports footwear to China, Vietnam and Japan and imports them from China, Vietnam and Indonesia. Studies concening the footwear industry implied that the competitiveness of Korea has been weakened both in the domestic and the export markets. To enhance the competitiveness of Korean footwear corporations, long-term support at the national level is needed. Especially, cultivating competitive experts is crucial to improve the competitiveness of designs and the quality of products. Furthermore, branding strategies using the Korean wave, Korean culture and the national image of Korea, as well as platform strategies to communicate with consumers globally and selling high-quality products are significant.

The Research on the Korean Distant Water Trawl Fisheries (한국 원양트롤어업의 경영실태에 관한 연구 : 기지식 트롤어업을 중심으로)

  • 성락곤;옥영수
    • The Journal of Fisheries Business Administration
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    • v.32 no.2
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    • pp.127-148
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    • 2001
  • Korean distant water trawl fisheries were sector of most important distant water fisheries with tuna long liner fisheries during the development age in Korea. Nevertheless Korean distant water trawl fisheries have suffered from catches and Income problem. It was caused to the strengthen regulation of costal countries, the rapid liberalization trend of trade on the fishing products and the shortage of cheap manpower, etc. In this situation, Korean government is inclined to convert big adjacent trawl fisheries of distant water trawl fisheries for structure adjustment In domestic fisheries. that is analyzed to incorrect method because the efficiency of management indicator in adjacent trawl fisheries was bad than distant water trawl fisheries. Then this policy of Korean government needs to convert anything else. Also it was compared with one of Japan to the efficiency of management indicator of Korean distant trawl fisheries. The result of analysis, Korea was better than Japan in some factor, especially labor cost Then if Korean government will put weighted policy on this viewpoint, Korean distant water trawl can more grow.

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The Development Scheme of Domestic Third Party Logistics for Revitalization of Electronic Trade (전자무역의 활성화를 위한 국내 제3자물류 발전방안)

  • Cha, Soon-Kwean;Jang, Heung-Hoon
    • Journal of Korea Port Economic Association
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    • v.24 no.2
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    • pp.155-174
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    • 2008
  • This paper proposed several activation strategies at both the government and company parts for the development of domestic third party logistics(TPL) to pull electronic trade era much earlier. In the government side, it must need to arrange and integrate complex regulation rules on the Logistics for more smooth access and use the TPL market. Also, it has to provide multiple support policies such as tax reduction, technical and financial service providing, and logistics information system to TPL. Finally, it should construct the government levels education system to train and forster a competent man who is well qualified as a electronic and logiscic expert. The TPL company must build up a total logistics information system concerned with an innovative operation system such as SCM, JIT etc. which can provide logistic services on demand to the electronic trade customers to maximize consumer satisfaction. In the shipper company level, it try to join a long-term strategic alliance with TPL to reduce logistic cost and increase logistic service to its electronic trade consumers.

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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.