• Title/Summary/Keyword: Export/import

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The Impact of Import Country Environments on Korean Fishery Exports (수입국 환경이 수산물 수출에 미치는 영향 분석)

  • Jin-Baek Kim
    • The Journal of Fisheries Business Administration
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    • v.55 no.2
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    • pp.1-16
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    • 2024
  • This study analyzes the impact of import country environments on Korean fishery exports. To achieve the research objective, focusing on trade facilitation and import market aspects, the import country environment was modeled and analyzed by panel gravity analysis technique. In the basic export model considering only the trade facilitation aspect, agriculture and institutional factors had a significant impact on Korean fishery exports. However, when considering both trade facilitation and import market aspects, it was found that import market aspect had a greater influence on Korean fishery exports than trade facilitation aspect. Specifically, the import market factor that had the most positive impact on Korean fishery exports was the GDP of the import country. GDP, representing the economic scale of the country, indicates consumer purchasing power through per capita GDP. Hence, a higher GDP level implies a higher consumer purchasing power, suggesting a higher potential consumption of fishery products. The second positive factor influencing Korean fishery exports was food imports in the import country. Therefore, to expand Korean fishery exports, it is essential to target countries with high levels of GDP and food imports. Conversely, factors negatively affecting Korean fishery exports were merchandise imports and population in the import country. Therefore, countries with high levels of these negative factors should be managed as demarketing targets. Additionally, trade facilitation variables, which have relatively smaller influence, such as transparency and institutions, also significantly impact Korean fishery exports. While transparency has a positive effect, institution has a negative effect. Thus, to expand Korean fishery exports, strategies should focus on countries with high transparency and less stringent institutional regulations.

Input-Output Structural Decomposition Analysis on the Growth Structure of Korean Maritime and Port Industry (투입·산출 구조분해를 통한 해운항만산업 성장구조분석)

  • Sang Choon Kim
    • Korea Trade Review
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    • v.46 no.1
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    • pp.83-111
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    • 2021
  • This paper conducts a Structural Dcomposition Analysis on the structure of factors contributing to the output growth of Korean Maritime and Port Industry during year 2000~ year 2017. Some of results are as follows. The output growth rates of the industry (yearly average 4.3%) was far lower than the average growth rates of Service as well as of Manufacturing Industries (yearly average 9% and 6.8%, respectively) due to the lower output growth of Maritime Industry. Among the growth contributing factors, change in domestic demand for final goods is the first contributing factor, and then change in technology, change in export and import substitution for intermediate goods are followed in order, but import substitution for final goods decreased its output. However, in each respective sub-periods of pre-global financial crisis and post-global financial crisis, change in the export, especially change in the export of Maritime Industry is the dominant determinant of output change in the Maritime and Port Industry in opposite ways. In the periods of the former the increase in the export of Maritime Industry overwhelmingly led the output growth of the Maritime and Port industry, but in the periods of the latter the decrease in its export was the culprit of lower output growth of the industry. On the other hand, among all industries of service and manufacturing sectors, Wholesale and Retail industry is the leading industry in contributing to the output growth of the Maritime and Port Industry, and Transportation Equipment industry is the leading industry among all manufacturing industries.

Revisiting the Role of Imported Inputs in Asian Economies

  • Woocheol Lee
    • Journal of Korea Trade
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    • v.27 no.5
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    • pp.113-136
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    • 2023
  • Purpose - Global production chains and their impacts on economic growth have drawn extensive attention from researchers. Close relationships among global production chains, export and economic growth have been illuminated, as evidenced by the fast and stable economic growth of East Asian economies. These economies perform various roles within global production chains using offshoring, in which the impact of import on domestic gross output is as strong as that of export. The impact of import on economic growth would depend on whether imported inputs substitute or complement domestic inputs production, which is likely to vary according to individual countries' functions within global production chains. The economic growth of concerned countries would also be diverse. However, little attention has been paid to the impact brought by imports compared to its significance. Design/methodology - The principal methodology used in this paper is structural decomposition analysis (SDA), widely chosen to elucidate the impact of various factors on domestic gross output using input-output tables. This paper extracts trade data of six Asian economies from the World Input-Output Database (WIOD) 2016 release that covers 43 countries for the period 2000-2014. The extracted data is then categorised into 37 sectors. First, this paper calculates the Feenstra-Hanson Offshoring Index (OSI) of each country. It then applies SDA to measure the changes in each economy's gross output, export, import input coefficients, and domestic input coefficients. Finally, after taking the first difference from pooled time-series data, it estimates the correlations between imported input coefficients and OSI using the ordinary least square (OLS) method. Findings - The main findings of this paper can be summarised as follows. Firstly, all six countries have increasingly engaged in global production chains, as evidenced by the growing size of OSI. Secondly, there are negative correlations in five countries except Japan, with sectoral differences. Thirdly, changes in import input coefficients are not negative in all six countries, indicating that offshoring does not necessarily substitute for domestic inputs production but does complement it and, therefore, fosters their economic growth. This is observed in China, Indonesia, Korea and Taiwan. Offshoring has led to an increase in the use of imported inputs, which has, in turn, stimulated domestic inputs production in these countries. Originality/value - While existing studies focus on the role of export in evaluating the impact of participating global production chains, this paper explicitly examines the unexplored impact of import on domestic gross output by considering both the substitution and the complementary effect, using the WIOD. The findings of this paper suggest that Asian economies have achieved fast and stable economic growth not only through successful export management but also through effective import management within global production chains. This paper recommends that the Korean government and enterprises carefully choose offshoring strategies to minimise disruption to domestic production chains or foster them.

A Study on the Process Improvement of International Air Cargo Transportation through the Incheon International Airport (인천국제공항의 국제항공화물운송 프로세스 개선과제에 관한 연구)

  • Lee, Jae-Hak
    • International Commerce and Information Review
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    • v.14 no.3
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    • pp.559-583
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    • 2012
  • This study was conducted on the assumption that for Incheon international airport to become the logistics hub of northeast asia's region, it is necessary to investigate and analyze problems of forwarder's international air cargo transportation process, those factors and so on. The conditions of the process of international air cargo transportation was analysed individually according to the time required, satisfaction and problems of each step of process by dividing those into import and export. Consequently it turned out that the time required for the export process of the international air cargo transportation is longer by about 1 hour than the import process which means the improvement of import section rather than export is more urgent to improve the overall international air cargo transportation process. For the improvement of the process, it is also necessary to construct the international air cargo transportation' information system, secure competition of operating and to improve logistics standardization by considering all factors above.

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A Study on the Cargo Management of Export and Import Logistics in the Shipbuilding & Marine Equipment Industry (조선기자재 수출입물류 화물관리 실태분석을 통한 문제점 및 개선방안에 관한 연구)

  • Cheon, Young-Wook;Lee, Chang-Woo;Shin, Yong-John
    • Journal of Navigation and Port Research
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    • v.40 no.6
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    • pp.469-476
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    • 2016
  • This study investigates cargo management issues in the shipbuilding and marine equipment industry. Problems are analyzed concerning the absence of information about exact cargo location and condition, damage, loss, replacement, and transportation delays during the import and export process. Then, improvements are proposed to solve these problems. To illustrate, real time information about the status and location of cargo should be communicated between import/export and logistics companies to facilitate material logistics for shipbuilding & marine equipment. In addition, a standard cargo classification and recognition system should be established to reduce delivery delays and mistakes, so then enhancing logistical efficiency. Moreover, it is also necessary to nurture professional shipbuilding & marine equipment forwarders to strengthen their expertise with professional education and training.

Study on the reduction of $CO_2$ and NOx emission by coastal transport of import-export container cargo (수출입컨테이너화물의 연안운송에 의한 이산화탄소($CO_2$)와 질소산화물(NOx) 배출량 삭감에 관한 연구)

  • Kim S. H.;Coh C. D.;Cho Y. J.;Van S. H.
    • Journal of the Korean Society for Marine Environment & Energy
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    • v.4 no.4
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    • pp.42-50
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    • 2001
  • In this paper, the reduction of CO₂ gas emission and exhaust gas emission by using the shift of coastal transport from land transport for import-export container cargo was proposed. At first, the domestic CO₂ gas emission, exhaust gas emission and the transportation of import-export container cargo are investigated. And also, we investigated the reduction of CO₂ gas emission and exhaust gas emission by the shift of coastal transport from land transport for the transportation of import-export container cargo between Kyongin area and Pusan Port. Finally, the change of NOx gas emission due to the change of the share of coastal transportation and using the 320TEU container ship are investigated. The research results show that the shift of coastal transport from land transport was effective to reduce the CO₂ gas emission and exhaust gas emission.

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Study on the reduction of green house effect gas emission by RORO ship coastal transport of import-export container cargo (RORO선을 이용한 수출입컨테이너화물의 연안운송에 의한 온실가스 배출량 삭감에 관한 연구)

  • Kim S. H.;Koh C. D.
    • Journal of the Korean Society for Marine Environment & Energy
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    • v.6 no.3
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    • pp.16-25
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    • 2003
  • In this paper, the reduction of green house effect gas CO₂ emission and NOx gas emission by using the RORO ship coastal transport of import-export container cargo was investigated. At first, the domestic CO₂ gas emission and the transportation of import-export container cargo were Investigated. Next, the characteristic of a RORO ship and CO₂ emission standard and NOx emission standard were investigated. And also, the reduction of CO₂ emission and NOx emission by the shift of coastal transport from land transport for the transportation of import-export container cargo between Kyongin area and Pusan Port were calculated. Finally, the change of CO2 and NOx gas emission due to the change of the share of coastal transportation and the load efficiency of RORO ship are investigated. The research results show that the shift of RORO ship coastal transport from land transport was very effective to reduce the CO₂ emission but it was no good to reduce the NOx emission.

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A Study on the Effect of Financial Cooperation in East Asia on the Export-Import Logistics (수출입 물류에 동아시아 금융협력이 미치는 영향 분석)

  • Kang, Bo-Kyung
    • Journal of Korea Port Economic Association
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    • v.27 no.3
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    • pp.161-177
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    • 2011
  • Nowadays, a capital flow and intimacy of financial system among countries have been increasing in global financial environment. So it is easily possible that the risk of some countries which are in financial crisis infects other countries in the world. A recent global financial crisis reminds countries in East Asia of advancing the financial cooperation as well as financial integration. Countries in East Asia agreed with the Chiang Mai Initiative to prevent a recurrence of financial crisis in East Asia. A bilateral swap arrangement of the CMI has several purposes in order to offer foreign currency liquidity against economic crisis, remove the opportunity cost of foreign exchange reserve, push ahead the financial integration, increase the export-import logistics and so on. This paper analyzes the effect of financial cooperation in East Asia on the export-import logistics with random effect estimation and fixed effect estimation. As a result, each of country in East Asia is able to increase almost 10.3% of the export-import logistics on average.

A Systematic Analysis on the Operation of Busan Container Terminal by Computer Simulation (시뮬레이션에 희한 부산컨테이너 터미널 운영의 체계적인 분석)

  • Kim Hyun;Lee Cheol-Yeong
    • Journal of Korean Port Research
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    • v.2 no.1
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    • pp.29-73
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    • 1988
  • Since the middle of 1950's when sea transportation service by container ship was established, containerization has been rapidly spread over the world with realization of intermodalism, and becomes an index of economy growth of a country. Our country has established Pusan Container Terminal at Pusan harbour in 1978 in step with worldwide trend of containerization, and is constructing New Container Terminal at Pusan outharbour which will be completed in 1990. This paper aims to make a quantitative analysis of the Pusan Container Terminal system through the computer simulation, especially focusing on its subsystems such as ship stevedoring system, storage system and transfer system. First, the capacity of various subsystems are evaluated and it is checked whether the current operation is being performed effectively through the computer simulation. Secondly, the suggestion is presented to improve the operation by considering the throughput that Pusan Container Terminal will have to accept until 1990, when New Container Terminal will be completed. The results are as follows ; 1) As the inefficiency is due to the imbalance between various subsystems at Pusan Container Terminal on the basis of about 1.2 million TEU of container traffic, transfer equipment level must be up to 33% for transfer crane, and free period must be reduced into 4/5 days for export/import. 2) On the basis of about 1.4 million TEU of container traffic, transfer equipment level must be up to $12\%$ for gantry crane, $11\%$ for straddle carrier and $66\%$ for transfer crane, and free period must be reduced into 3/4 days for export/import. 3) On the basis of about 1.7 million TEU of container traffic, transfer equipment level must be up to $25\%$ for gantry crane, $28\%$ for straddle carrier and $100\%$ for transfer crane, and free period must be reduced into 3/4 days for export/import. 4) On the basis of about 2 million TEU of container traffic, transfer equipment level must be up to $25\%$ for gantry crane, $30\%$ for straddle carrier and $110\%$ for transfer crane, and free period must be reduced into 2/3 days for export/import, and it is necessary to enlarge storage yard.

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A Study on the Efficiency of Import-Export Logistics through Advance Presentation of Vessel Manifest (해상적하목록 사전제출을 통한 수출입물류 효율화 방안에 관한 연구)

  • Kim, Yong-Jin;Seo, Dong-Gyun
    • Journal of Korea Port Economic Association
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    • v.27 no.2
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    • pp.275-296
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    • 2011
  • The purpose of this study was to examine ways of ensuring the efficiency and stability of import-export logistics in our country by introducing an advance presentation system of vessel manifest. This advance presentation system of vessel manifest has already been introduced in the United States, the EU and China whom our country has actively traded with, and the reinforcement of logistics security is a global trend. Under the circumstances, the introduction of the advance presentation system of vessel manifest is required to assist exporters to properly respond to changing trade practices as early as possible, and it's also necessary to exercise stricter control over an import criminal cargo. Our country should urgently introduce the advance presentation system of vessel manifest that is up to global standard, and the establishment of an internet based manifest consolidation and presentation system and the introduction of an export inspection system of port of loading are requested as well. If all the systems are introduced and work properly, that will make a great contribution to the efficiency of import-export logistics in our country.