• Title/Summary/Keyword: Environment and Trade

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Effect of Economic Freedom on the Facilitation of FDI Inflows: Focus on the Direct and Moderating Effect by the Stage of Economic Development (경제적 자유가 외국인직접투자 촉진에 미치는 영향: 경제발전단계별 직접효과와 조절효과를 중심으로)

  • Moo-Soo Kim;Chan-Hee Lee
    • Asia-Pacific Journal of Business
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    • v.13 no.4
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    • pp.25-43
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    • 2022
  • Purpose - This study is to investigate the direct and moderating effect of intangible variable like economic freedom to facilitating factors on FDI(foreign direct investment) inflows and the difference of facilitating factors by the stage of economic development. Design/methodology/approach - Fixed-effect panel regression analysis with 19-year macro economic data from 2000 to 2019 including economic freedom index from Fraser Institute in 13 developed and 15 developing countries was used. Research implications or Originality - In analysis of direct effect of 5 sectors in economic freedom, the influence of economic freedom was shown weaker than other macro economic factors on FDI inflows, which indicates that actual development of economic factors are more important. The effect of economic freedom on FDI inflows at the stage of economic development differed. In developed countries, human capital, GDP, export, free trade and regulation affected FDI inflows in decreasing order, as did human capital, GDP, consumption expenditure, export, investment expenditure, government expenditure, free trade and sound money in developing countries. In analysis of moderating effect of economic freedom, a domestic and international market size, a flexible labor market which can provide a cheaper good human resources and government expenditures for improving social infrastructure under free economic environment facilitated FDI inflows. However, the statistical significance of moderating effect on export was not shown, which indicates that economic freedom policy itself without actual improvement of exports could not attract FDI inflows.

Analysis of Influencing Export Factors of Major Agricultural Products for ASEAN using Panel Gravity Model (패널중력모형을 이용한 동남아시아 대상 주요 수출 농산물 영향인자 분석)

  • Kim, Solhee;Son, Younghwan;Park, Jinseon;Kim, Taegon;Suh, Kyo
    • Journal of Korean Society of Rural Planning
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    • v.22 no.4
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    • pp.103-114
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    • 2016
  • The global trade partners have been diversified and mixed in agricultural market, which is expended the international agri-food market through the Regional Trade Agreement and World Trade Organization, etc. The aim of this study is to derive influential factors for exports increases of agricultural products targeting to Association of South-East Asian Nations (ASEAN). We set the equation for agricultural products exports referred to panel gravity model considering panel fixed effect for controlling endogeneity within variables. The results of this study are the follows; (1) Social economic distance considering international oil price negatively affects in the mushroom model; (2) Korean GDP affects (-) in a mushroom model and (+) in a vegetable model, however, ASEAN's per capita GDP indicates opposite influence in the same model; (3) Relative exchange rate shows negative impact in a vegetable model; (4) The entry status into WTO and the status in force of FTA have converse effects in mushroom and vegetable model, respectively.

A Study on G2 Risk and Export Diversification: Focusing on Export Support System for SMEs (수출다변화를 통한 G2 리스크 극복 방안에 관한 연구: 중소기업 수출지원 정책을 중심으로)

  • Choi, Don-Seung;Khoe, Kyung-Il
    • Journal of Convergence for Information Technology
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    • v.9 no.10
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    • pp.48-55
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    • 2019
  • This study argued problems and improvement of export support system for SMEs in the uncertain world global trade environment with G2(US-China) risk. In SMEs export support system, The authorities needs stronger control tower to promote consistent export support policies. There is also another problem of repetitious work that export support system has been operated by individual project. In order to overcome these problems, first, the authorities set clearly organization to control various export support policies. Second, export support system needs the efficient operation based on long term road map. Third, the authorities defines clear roles and responsibilities of supporting units, and enhances cooperation between the different organizations. Finally, the system should arrange performance evaluation index and feedback system to build the desirable export support system.

Design of ebXML-based Herb Mart e-Commerce System (ebXML 기반의 약령시 전자상거래 시스템의 설계)

  • Lee, Wi-Hyuk;Cho, Young-Hoon;Song, Jae-Won
    • Proceedings of the Korea Information Processing Society Conference
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    • 2002.11c
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    • pp.2129-2132
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    • 2002
  • Today e-commerce enterprise business using the Web to conduct trade is inereasingly. But herb mart is still persisted that it has most trading by conventional way. In this paper we have suggested e-commerce system of herb mart using ebXML. It will be used to make an improved herb mart business process in global environment.

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Eclectic Sociocultural Traditions of the Baba Nyonya of George Town, Penang, Malaysia

  • OOI, Keat Gin
    • SUVANNABHUMI
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    • v.9 no.2
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    • pp.51-89
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    • 2017
  • Strategically situated between the East-West maritime crossroads, the peoples of Southeast Asia over the centuries witnessed the comings and goings of traders from territories from East Asia, South Asia, West Asia and Europe. There were also those from North America that crossed the Pacific for commercial profits in this region. Foreign traders undoubtedly in the course of their visits and sojourns had liaisons with local women, some engaged in marriages. Offspring of these interracial miscegenation possessed rather unique characteristics. As a community, they were identified with the Malay term, peranakan, from the root word, "anak" meaning "child," hence "offspring" or "descendent". Specific terms - Baba Nyonya, Tionghoa-Selat, Chitty, Jawi Pekan, Pashu, Kristang - referred to particular groups. Although socially they appeared 'neither here nor there', members of mixed parentage were able to carve an especial niche in the local environment throughout Southeast Asia, conspicuously in urban, port-cities where trade and commerce predominated. Following in the footsteps of their progenitor, the Peranakan acted as intermediaries, comprador between foreign and indigenous enterprises, profiting financially and socially from trade and commerce. Tapping on the author's personal experiences and first-hand observations, complementing with oral sources, and support from secondary materials, this present essay explores, discusses, and analyzes the eclectic sociocultural practices and traditions of the Baba Nyonya of George Town, Penang. Purposeful intention is to further enlighten our understanding, and in turn, our appreciation, of these ever increasingly diminishing communities and their cultures across Southeast Asia.

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An Analysis of Research Trends on Sustainable Supply Chain Management (지속가능공급사슬관리에 관한 연구동향 분석)

  • Joon-Seok Kim
    • Korea Trade Review
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    • v.46 no.3
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    • pp.203-226
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    • 2021
  • Sustainability is considered to be one of the most important social and environmental requirements of modern companies located in global supply chains, since the strong worldwide regulation on carbon emission due to global warming has been emphasized. Sustainable Supply Chain Management(SSCM) could be one of the great alternatives for global companies to maintain a pleasant business environment while fulfilling their social and environmental responsibilities. This paper aims to provide research trends and future directions on SSCM through a systematic literature review. From January of 2004 to May of 2021, 185 English-written and peer-reviewed articles published in eminent journals were selected for the review. The all reviewed papers have been published in SSCI, SCI and SCIE indexed journals and should have accredited by WOS and JCR. A descriptive analysis was followed by a content analysis with regard to research design and methods, and data analysis techniques. We found that the number of research in the field of SSCM have been recently increasing and researchers and their affiliation have been expanding to all over the world, especially to emerging countries. We also found that the rate of the empirical studies and relevant research methodologies applied to the selected papers were relatively high. In the future, it is desirable to be increased the number of the specific industry-oriented research and the quantitative research pursuing the optimality.

The Spatial Restructuring and Changes of Locational Pattern of Auto Parts Industry in Korea (자동차 부품산업의 공간적 재구조화와 입지 패턴 변화)

  • Kim, Tae-Whan
    • Journal of the Korean Geographical Society
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    • v.42 no.3 s.120
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    • pp.434-452
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    • 2007
  • The globalization of the economy has strengthened competition in all industries. Facing an intensely competitive environment, the firm's choice of location is one of the most important strategies in enhancing its competitiveness. This paper aims to examine the locational changes and the spatial restructuring of suppliers firm with regard to modularization and customer diversification which result from the process of assembler's restructuring after the financial crisis. Some experimental findings which have been identified throughout this study can be summarized as follows: First, a number of suppliers has been located in the southern Seoul metropolitan area and northern Chungcheong area. And Hyundai's suppliers has been enlarged in the Seoul metropolitan area and Kia's in the Southeastern area. Second, suppliers who transact with several assemblers(network trade) tend to be more dispersed, but dedicated(exclusive) suppliers are more concentrated on assembly plants. Also it was confirmed that 'JIS(Just In Sequence)' system which is more detailed than 'JIT(Just In Time)'system has been used. Third, it was Prominent that suppliers are internalizing in order to reach economies of scale compare to assemblers are externalizing.

A Study on the Actual Condition of Import for a Japanese Fresh and Live Fish (일본산 활어ㆍ신선냉장어의 수입 실태에 관한 고찰)

  • 송정헌
    • The Journal of Fisheries Business Administration
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    • v.33 no.2
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    • pp.153-168
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    • 2002
  • Korea's marine products trade is taking for phase that income exceeds export after 2000. According to external environment change of Korea and Japan fishery agreement and an import liberalization of marine products, import of live fish and fresh fish is increasing rapidly. This study investigates import view of Japan live fish and fresh fish. Live fish which is imported from Japan has red seabream and seabass, but it is in declining tendency because of the increase in import of cheaper croaker from the China. If see importer's trend, entry to import business of fresh fish is eased a little. If a circulation trend is seen, However, it is thought that a future import trend is influenced by economic trends of Japan and the grade of place-of-production development of a domestic trader. Circulation market outside is common and the district wholesale store has played the important role. The import view of Japanese live fish and a fresh fish will increase against the background of maintenance of domestic circulation organization, and upgrading of marine product consumption However, it is thought that a future import trend is influenced by economic trends of Japan and the grade of place-of-production development of a domestic trader.

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Priority Analysis of Supply Chain Risk Management for Business Using AHP (공급사슬 리스크 관리에 관한 우선순위 분석)

  • Ji-Yeong Ko
    • Korea Trade Review
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    • v.47 no.3
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    • pp.17-35
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    • 2022
  • The Pandemic crisis caused by COVID-19 has raised awareness of the importance of supply chain risk management, such as the control of movement between countries and the simultaneous manufacturing paralysis in the world. Effective risk management within the supply chain of the company is a core competency in the global environment. Therefore, this study quantitatively analyzed the perspective of domestic large corporations and small and medium enterprises (SMEs) by using the hierarchical analysis method (AHP) to identify the factors that should be considered as the priority when establishing supply chain risk management plans for large and small business employees. In order to conduct the study, a survey was conducted on large corporations and small and medium enterprises in Gyeongnam and Busan, and AHP analysis was conducted using Microsoft 365 excel program. In addition, Mann-Whitney U test (independent sample-nonparametric test) was conducted using SPSS/18 version of statistical package program for comparative analysis between groups. As a result, the priority was highly evaluated in the order of financial ability, competitiveness, disaster in the overall priority evaluation. There were statistically significant differences in internal risk and strategic decision making of supply chain between groups. This suggests that fandemics such as COVID-19 can not be predicted, but strategic responses are needed to utilize opportunities expressed in the crisis through supply chain risk management and to increase the competitive advantage of domestic companies even in the crisis.