• Title/Summary/Keyword: Export Commodity

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A Fuzzy Based Early Warning System to Predict Banking Distress on Selected Asia-Pacific Countries

  • Farajnejad, Elham;Lau, Wee-Yeap
    • The Journal of Asian Finance, Economics and Business
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    • v.4 no.1
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    • pp.39-49
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    • 2017
  • This study develops an early warning system (EWS) to prevent the banking crisis. The proposed system incorporates both the perspective of crises and fundamental characteristics of the banking system in each economy. A fuzzy logic method with data from 1990-2009 is employed to construct the EWS of banking crisis based on 21 pre-determined variables from the aspect of total economy, financial and banking sectors. Our results show: Firstly, South Korea recorded higher probability to have a banking crisis in 1997 as there was large foreign debt in dollars. Secondly, China, Australia and New Zealand banking systems appear to be vulnerable to the crisis in 2007. The surge of China export, FDIs and booming stock market were signs of a heated economy. Australia with high commodity prices was also vulnerable to crisis. Thirdly, Australia, China, Japan and New Zealand banking systems appear to be exposed to the higher chance of a crisis in 2010. Japan with deflation coupled with expensive yen did not augur well for its export. Overall, the findings show that in Asian Financial Crisis 1997/98 and Global Financial Crisis 2008/09, many economies are exposed to a higher probability of having the crisis and this shows an urgent need of having surveillance in these economies.

Current Status of Fishery Resources in Kenya

  • Ibuuri, Peter Kimathi
    • Journal of Marine Bioscience and Biotechnology
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    • v.3 no.1
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    • pp.24-30
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    • 2008
  • Fishing in Kenya, until the discovery of Nile perch as an export commodity in the early 1990s, has basically a subsistence occupation for the lake and coastal communities. The government also did not recognize the importance of fisheries as a contributor to the macro-economy and therefore, did not pay much attention in terms of resource allocation for the development of the sector. Most fishing in Kenya is artisanal, with a little industrial fishing by prawn trawlers. The deep sea (EEZ) fishery resources are currently exploited by DWFNs through a licensing system. Only a small quantity of catch from the EEZ is landed in Kenya, primarily tuna loins for processing for export. Currently capture fisheries, mainly from Lake Victoria, earn local fishers over Kenya shillings (K Sh) 7 billion, while exports earn the country K Sh 5 billion (US$ 50 million) in foreign exchange annually. The government has been putting in place an enabling environment to promote investment activities in order to achieve economic recovery as well as for the development and sustainable use of fisheries resources in the country within the specified period. The Department's major roles are to ensure sustainable exploitation of fisheries resources; to promote aquaculture development; to assure quality and safety of fish and fishery products; and to facilitate fish marketing in order to maximize the benefits that can be derived from fisheries. The contribution of fisheries to local incomes, subsistence and food nutrition is significant, as this occurs in areas with the highest incidences of poverty in the country.

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Back to Nature-Based Agriculture: Green Livelihoods Are Taking Root in the Mekong River Delta

  • Lan, Ngo Thi Phuong;Kien, Nguyen Van
    • Journal of People, Plants, and Environment
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    • v.24 no.6
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    • pp.551-561
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    • 2021
  • Background and objective: Vietnam is prioritizing agricultural production for food export capacity in all national policies. As a result, for three decades, its agriculture has been making quite many remarkable achievements. Methods: The most successful one is that the nation has become one of the world's leading rice exporters and ensures its national food security. Through these endeavors, the Mekong River Delta (MRD), in particular, has emerged as a key region in ensuring national food security and rice export. Results: The new era can now see Vietnamese agriculture turning to place special emphasis on commodity quality and the improvement of the living environment. This is evidenced, for example, by the phenomenon that the MRD, as a rice basket of the whole country, is making moves back to nature-based agriculture with attempts to restore the natural ecology, including preserving and restoring local traditional rice seeds, adopting natural farming practices and minimizing the use of chemical fertilizers and pesticides. Conclusion: The case studies of nature-based farming practices in the MRD indicate that, while the national agriculture is generally developing large-scale production, the small-scale farming in the region, integrated with tourist and educational activities on-site, is meeting the demands of a highly potential domestic niche market. Moreover, this model appears to be a sustainable farming approach that defines itself as a working green livelihood for the region.

An Estimation of Carbon Embodied in the Export Goods of Korea Using a Hybrid Input-output Approach (우리나라 수출상품에 체화된 이산화탄소 배출량의 추정)

  • Choi, Hanjoo;Lee, Kihoon
    • Environmental and Resource Economics Review
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    • v.13 no.3
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    • pp.441-468
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    • 2004
  • We estimate carbon embodied in the export goods of Korea. A commodity-by-industry IO model ($CO_2$ hybrid IO model) is constructed for the estimation. In the model, all monetary units of energy commodities are converted to physical unit, carbon tons. Results show that total $CO_2$ embodied in the exports of non-energy goods of Korea equals 51.18 million carbon ton or 44% of total $CO_2$ emissions in Korea in 2000. Overall carbon intensity of export goods is estimated as 0.227 carbon ton per million Won. These findings suggest Korea's responsibility on global warming may be imputed to the countries who import and consume Korean goods. It is in accordance with the user pay principle. It is also argued that if UNFCCC impose the burden of $CO_2$ mitigation on importing countries rather than exporting countries, we can prevent '$CO_2$ emission leakages' effectively.

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The dynamic causal relationship between transportation modes and industrial structure (운송수단과 산업구조 간 동태적 인과관계 분석)

  • Min-Ju Song;Hee-Yong Lee
    • Korea Trade Review
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    • v.46 no.5
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    • pp.115-130
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    • 2021
  • The main purpose of this study is to analyze the causal relationship between import-export goods and transportation modes. To this end, five major commodity groups were selected from 2010 to 2018 such as Machinery and transport equipment (SITC 7), manufactured goods classified chiefly by material (SITC 6), chemicals and related products, n.e.s. (SITC 5), mineral, fuels, lubricants, and related materials (SITC 3), and miscellaneous manufactured articles (SITC 8). And using the panel VECM, the difference between transportation modes such as ports and airports was compared and analyzed through panel granger causality, Impulse response function, Forecasting error variance decomposition. As a result, it is confirmed that the causal relationship between major product groups and transportation modes showed different causal relationships depending on the characteristics of port and air transportation.

Coffee Production and Coffee Berry Borer (Hypothenemus hampei) Condition in Indonesia Related to Climate Change Effect

  • Tio Paragon Ritonga;Ohseok Kwon
    • Proceedings of the National Institute of Ecology of the Republic of Korea
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    • v.5 no.1
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    • pp.28-36
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    • 2024
  • Effect of climate change on the agricultural sector has been predicted and studied, including its effects on coffee cultivation. Climate change can directly impact coffee production or indirectly influence it through its effects on coffee pests. In Indonesia, coffee is a critical export commodity. Climate change can have a large effect on many farmers if it is not addressed appropriately. This study summarizes several studies and data on how climate change affects coffee production and the coffee berry borer (CBB; Hypothenemus hampei) pest in Indonesia. Adaptation plans that can be employed to mitigate impacts of climate change are also summarized.

Analysis of Export Competitiveness of Gwangyang Port Using Constant Market Shares Analysis, Shift-share Analysis, and Comparative Advantage (Disadvantage) by Countries (불변시장점유율분석, 변이할당분석, 국별비교우위지수, 국별비교열위지수를 이용한 광양항의 수출경쟁력 분석)

  • Mo, Soo-Won
    • Journal of Korea Port Economic Association
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    • v.33 no.3
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    • pp.91-104
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    • 2017
  • This paper examines the export structure of Gwangyang Port and evaluates its comparative advantage from 2005 to 2016 using the Comparative Advantage by Countries (CAC) index. It is found that: (i) Gwangyang Port has a comparative advantage in HS 39 and HS 28, an unstable comparative advantage in HS 29 but a comparative disadvantage in HS 72; and (ii) 4 items have the common features of losing their comparative advantage. Constant market share analysis allows one to evaluate why the exports of one region may grow faster than world exports. This consists of the commodity composition effect, the scale effect, and the competitive effect. Constant market share analysis shows that the commodity composition effect influences exports negatively while the scale effect does exports positively. Shift-share analysis can help evaluate the change in a region's performance relative to the nation over a given period of time. The result indicates that HS 28 has not only favorable industrial mix effect but high competitive share effect, while HS 29 has unfavorable industrial mix effect as well as low competitive share effect. This paper also reveals that industrial mix effect of HS 39 is positive but its competitive share effect is negative, whereas the former is negative but the latter is positive in case of HS 29.

Strategy of Market Spread-Commercialization in EVs Industry : Visegrad and Nordic Countries (EVs 산업의 시장파급과 상용화의 전략비교 : 비셰그라드 그룹과 북유럽 협의체와의 산업역량중심으로)

  • Seo, Dae-Sung
    • The Journal of Industrial Distribution & Business
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    • v.9 no.3
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    • pp.57-68
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    • 2018
  • Purpose - The purpose of this study is to classify that the quality factors for comparing the Visegrard Group with the Nordic Council have historical similarities against Germany and the Soviet Union. However, this is because in the integrated European market, the competitiveness possessed by the two groups of countries is invested in the priority order to grow. Research design, data, and methodology - The study was conducted on the research design, and the reason for trying to compare the competence of the automobile industry in the assessment of industrial capability is that the Visegrard Group focuses on automotive production and the Nordic Association focuses on the commercialization of the automobile(market). In this study, searching and quantifying indirect evidence was made through standards are more complementary in Europe since each country acts like the role of the European automotive industry for example, which is different from the realistic evaluation criteria, are more important than those of the United States(first in the world) or Germany(first in Europe). Results - The results of this study are as follows: In the global EV market U.S.(export: $ 2.62 billion /share: 36.7%), Germany($ 1.29 billion /18.1%), France($ 390 million /5.4%), United Kingdom($ 380 million /5.4%), and South Korea($ 320 million/ 4.4%). South Korea's share of the EV market is 4.4%, while TSI reaches at +0.9 which measures the comparative advantage of a specific commodity in the world trade market. There is great potential for evaluated as products processing in export competition. But, commercialization, standardization, and overall market expansion did not have a positive impact on global satisfaction. Conclusions - EVs put importance on various utilities. So this suggests that Korea's exports to the EU, including the Visegrard Group, should be more focused on marketability when illuminating with a sharing industrial system under the European Union. It is necessary to specialize in manufacturing and commercialization by country(region) to prepare sharing economy and blockchain in order to create a smart-sharing city linked on artificial intelligence, as the commercialization of electric vehicles, which will have a larger growth rate than that of manufacturing in the fourth revolutionary era.

A Study on the Trade Structure in Korea-China Info-Communication Equipment Industry (한·중 정보통신기기 산업의 무역구조 분석)

  • Lee, Dong Whuy
    • International Area Studies Review
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    • v.12 no.3
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    • pp.517-545
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    • 2008
  • This study, tried to describe the corporations and competitiveness of IT industries in Korea and China as well as the general trend in trade using import-export structure. Further, based on trade intensity index, revealed comparative advantage index, Grubel-Lloyd index, constant market share, the trade structure between Korea and China was analyzed for the equipment in the fields of communication, information, broadcasting and their parts. The results are; first, since 2004, China has been catching up with Korea in the number of their companies listed in the global top 500 conglomerates. Second, the trade intensity index increased in 2007 4.57% up from 2002, showing increasingly closer connection between the two countries in the area of communications equipment. Third, according to revealed comparative advantage index, Korea's info-communications equipment seems to comparatively lag behind, but in terms of import-export structure is in the black. Fourth, in recent years, Korean equipment's market share in the Chinese market has been dropped due to the weakening competitiveness and the changing commodity supplies.

Diverse and predominantly sub-adult Epinephelus sp. groupers from small-scale fisheries in South Sulawesi, Indonesia

  • Nadiarti Nurdin Kadir;Aidah A. Ala Husain;Dody Priosambodo;Muhammad Jamal;Irmawati;Indrabayu;Abigail Mary Moore
    • Fisheries and Aquatic Sciences
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    • v.26 no.6
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    • pp.380-392
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    • 2023
  • Groupers (Family Epinephelidae) are commonly caught in data-poor small-scale multi-species fisheries for sale on both export and domestic markets. This study presents data on the species composition and size/life-stage structure of Epinephelus spp. groupers caught by small-scale fishers and sold locally in the Indonesian province of South Sulawesi. Data were collected from fishing ports and local markets at 12 sites representing the three seaways around South Sulawesi (Makassar Strait, Flores Sea, Gulf of Bone). Each specimen (n = 3,398) was photographed alongside an object of known length, and total length (TL) was obtained using the Rapid Scaling on Object (RASIO). Of the 23 species identified, four (Epinephelus areolatus, Epinephelus ongus, Epinephelus quoyanus, and Epinephelus fasciatus) collectively comprised 69% of the catch, while the 13 least abundant species contributed less than 5%. The catch was dominated (67%) by the subadult life-stage, with just under 20% in the adult class. Juveniles dominated the catch of Epinephelus fuscoguttatus, a valuable export commodity. Observations of early maturity as well as the sizeable gap between length at first capture (Lc) and length at first maturity (Lm) indicate recruitment overfishing of most species, with the notable exception of Epinephelus rivulatus. The proportion of adult fish was low (≈5%-30%) for the twelve most abundant species (E. areolatus, E. ongus, Epinephelus quoyanus, E. fasciatus, Epinephelus coioides, Epinephelus faveatus, Epinephelus sexfasciatus, Epinephelus maculatus, Epinephelus bleekeri, Epinephelus corallicola, E. fuscoguttatus, Epinephelus polyphekadion). For two moderately abundant species (E. faveatus and E. malabaricus), TL < Lm for all specimens. The limited data available indicate spawning ratio is lower than reported from deep-water fisheries of E. areolatus and E. coioides. The results call for targeted research to fill knowledge gaps regarding the biology and ecology of groupers exploited mainly for domestic markets; highlight the need for species-level data to inform management policies such as minimum legal size regulations; and can contribute towards species-level status assessments.