• Title/Summary/Keyword: Export Costs

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Analysis on Causes of Stagnation in Domestic Eyeglasses Industry (국내 안경산업의 침체원인 분석)

  • Lee, Jeong-Yeong;Park, Eun-Kyu;Kim, Dae-Nyun
    • Journal of Korean Ophthalmic Optics Society
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    • v.11 no.1
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    • pp.43-47
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    • 2006
  • Korean eyeglasses export has continuously decreased at the annual average rate of 10% since year 2000. On the other hand, China - the number 1 competing country - is chasing after Korea while accomplishing average 20% of export increase per annum after year 2000. Considering these factors, main cause of stagnation in domestic eyeglasses industry can be seen as China's pursuit propelled by their low labor costs as well as investment on Research &Development. Other important causes are insufficient investment on R &D, decrease in competitiveness due to increase of import, deficiency of exploitative ability on own brand and own design, lack of infrastructure in eyeglasses expo, and etc.

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Foreign Direct Investment(FDI), GVC Participation and Trade in Value Added (외국인 직접 투자(FDI)가 GVC 참여도와 수출 부가가치에 미치는 영향)

  • Li, Jia-En;Ling, Yin;Choi, Young-Jun
    • Korea Trade Review
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    • v.44 no.5
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    • pp.107-125
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    • 2019
  • This study analyzes the effects of FDI on the global value chain (GVC) using participation and export value added using panel data from 2005 to 2016 for 63 countries. This study used the GLS method. Results are as follows: First, foreign direct investment had a positive impact on the global value chain (GVC) participation and export value added of non-OECD economies. Furthermore, tariff rates were more sensitive to non-OECD countries than OECD countries. In addition, logistics infrastructure had a negative impact on global value chain (GVC) participation and export value added, while developed countries, such as OECD countries, with good infrastructure, had a positive impact on non-OECD countries. Finally, research and development costs have been shown to play a very important role in non-OECD countries. This study found that various service sectors, such as research and development (R & D) as well as the general manufacturing industry, are expanding beyond two countries to form global value chains (GVC) in which several countries are connected from production to consumption.

A Study on the Facilitation Strategies of e-Trade in the Korean SMEs (중소기업의 전자무역(e-Trade) 활성화 방안에 관한 연구)

  • Choi, Jang-Woo
    • International Commerce and Information Review
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    • v.5 no.1
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    • pp.63-83
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    • 2003
  • This paper's objective is to provide insights about the problems and expansion strategies of electronic trade. Korean small and medium-sized firms have adopted the Internet since the end of 1990s in order to reshape their competitiveness, and it is now being utilized as a major export marketing instrument to develop new customers, save export transaction costs ad facilitate new work processes. However, at present, the use of the internet in the field of trading is limited to the collection of market information, owing to legal, technical and institutional restraints between countries. In addition to that, because firms have the difficulties in making the trade contract through the e-trade system, the negative recognition on its' utility has been spreaded gradually between companies. This is one of the barriers to block the expansion of e-Trade between Korean firms. Therefore, this paper points out the problems of e-trade in the environmental, institutional and strategic view and provides many considerations for establishing the expansion strategy of e-trade by the Korean government and trade supporting institutions.

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The Relationship between Intra-Industry Trade and FDI: A Case of Machinery and Transport Equipment Trade between Korea and China (산업내 무역과 해외직접투자의 관계 : 한.중간 기계 및 운수장비 산업을 중심으로)

  • Joh, Yung-Jung
    • International Commerce and Information Review
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    • v.10 no.2
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    • pp.411-432
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    • 2008
  • This study presents the pattern and determinants of intra-industry trade in Korea's machinery and transport equipment industry focusing the influence of foreign direct investment on intra-industry trade. Using an OLS regression model the determinants of intra-industry trade are investigated. Results indicate that a statistically significant negative relationship is found between intra-industry trade and foreign direct investment, and show that intra-industry trade is positively affected by the degree of product differentiation and export structure similarity. Intra-industry trade is also positively associated with the economies of scale, the level of trade barrier, and transportation costs, although this is not statistically significant. The study found strong evidence that the propensity of foreign direct investment toward export specialized industry makes the negative relationship between intra-industry trade and foreign direct investment.

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A Study on a Program for Activation of e-Trade of the Traders in Kangwon Do (강원도 무역업체 e-Trade 활성화방안에 관한 연구)

  • Eom, Kwang-Yeol
    • International Commerce and Information Review
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    • v.6 no.2
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    • pp.147-168
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    • 2004
  • Owing to the digital revolution, Internet Commerce and Electronic Commerce is having a profound influence on the global trade and internal commerce, revolutionizing the way of doing business. e-Trade have adopted in order to the reshape of the International Trade enterprise's competitiveness, and it is now being utilized as a major export marketing instrument to develop new customers, save export transaction costs ad facilitate new work processes. The purpose of this study is to provide a program for activation in e-Trade of the International Trade enterprise in Kangwon Do. However, at present, the environment of e-trade Infrastructure in Kangwon Do is very poor. Therefore, this study points out the problems of e-trade of the International Trade enterprise in Kangwon Do and provides many considerations for a program for activation of e-Trade.

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How the United States Marched the Semiconductor Industry into Its Trade War with China

  • Bown, Chad P.
    • East Asian Economic Review
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    • v.24 no.4
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    • pp.349-388
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    • 2020
  • The US-China trade war forced a reluctant semiconductor industry into someone else's fight, a very different position from its leading role in the 1980s trade conflict with Japan. This paper describes how the political economy of the global semiconductor industry has evolved since the 1980s. That includes both a shift in the business model behind how semiconductors go from conception to a finished product as well as the geographic reorientation toward Asia of demand and manufactured supply. It uses that lens to explain how, during the modern conflict with China, US policymakers turned to a legally complex set of export restrictions targeting the semiconductor supply chain in the attempt to safeguard critical infrastructure in the telecommunications sector. The potentially far-reaching tactics included weaponization of exports by relatively small but highly specialized American software service and equipment providers in order to constrain Huawei, a Fortune Global 500 company. It describes potential costs of such policies, some of their unintended consequences, and whether policymakers might push them further in the attempt to constrain other Chinese firms.

A Study on the Impact of China's Trade-related Policy Changes on Export Performance of Korean Manufacturing Companies in China (중국의 무역관련 정책 변화가 현지 진출 한국계 기업의 수출성과에 미치는 영향에 관한 연구)

  • Hong, Jae-Sung;Lee, Yong-Keun
    • International Commerce and Information Review
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    • v.16 no.1
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    • pp.69-88
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    • 2014
  • According to the previous study, after 2000s, factors of the Chinese government's trade policy changes would be a significant burden on the company. However, many previous studies were limited to the response strategy by judicial analysis. Therefore, this study aims to analyze the factors that affect the export performance of Korean manufacturing companies in China. Also, by using that result, I would like to provide advises for entered the korean companies in Chinese market As the results, I knew that export performance are most heavily influenced by labor policy factor and the fallowing is exchange rate policy factor. Eventually, Most of our country companies entering in china were affected changes in the exchange rate policy factor, but many company were manufacturing-type businesses to economize labor costs. Therefore, corporate and governmental response strategies are needed for that's companies.

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I. Product Research Group Technical Service Laboratory

  • Baxter, Albert-B.
    • Proceedings of the Korean Society of Tribologists and Lubrication Engineers Conference
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    • 1986.06a
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    • pp.1-9
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    • 1986
  • Since my arrival on March 15, 1986 I can only give an overview of several topics which I think might stimulate ideas and questions from the members of this technical organization. These topics will include some thoughts about the Korean automotive industry, future needs regarding manpower and cooperation among manufacturers, the oil industry and the government. Korea is experiencing a tremendous growth not only in the export market but also in domestic sales of motor vehicles. This expansion will require trained manpower in many areas of expertise. This growth in technology and manpower will require a great degree of coordination and cooperation between companies and government to reduce duplication, minimize costs and reduce reliance on foreign technology.

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A Study on Japanese Container Ports crisis and Strategy (일본 컨테이너항만의 위기와 대응전략 연구)

  • Park, Gyeong-Hui
    • Journal of Korea Port Economic Association
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    • v.20 no.2
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    • pp.19-33
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    • 2004
  • Recognizing that the main container ports' status is gradually inclining, the Japanese government is driving forward the super hub port project. This project has three goals, unifying Japanese ports separating nationally, diminishing the port costs by 30 percents less than the current port costs of their competitors, and cutting down the lead time of processing import-export freight into 24 hours, Singaporean level. The project will work to some extent, if succeeding, but the effect is doubtful if it will be the fundamental solution of Japanese ports' crisis. I wrote this paper since I thought that this Japanese policy would serve as a good reference of Korea, which had two container ports system and its prospect was not good through the fact that the Busan ports' rank of dealing with containers fell down to the fifth in 2003.

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Research on Agent System for Dynamic Maritime Transportation Planning (동적 해상운송계획 수립을 위한 에이전트 시스템에 관한 연구)

  • Kang, Moo-Hong;Choi, Hyung-Rim;Kim, Sung-Kwan
    • The Journal of Information Systems
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    • v.21 no.4
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    • pp.185-199
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    • 2012
  • The most of international shipping cargoes are transported by ship and the shipping market has been continuously increasing. However, due to the recent global recession, the volume of trade decreased accordingly, and the competition between shippers to gain a competitive advantage in the shipping market continues deepening. To do this, researches on transportation costs savings as well as ways to improve customer service are needed and recently related researches are being pursued. Car carriers which transport more than 80% of car import and export volume in the world also make a lot of effort in order to reduce transportation costs, but in contrast related researches are seldom fulfilled. In this study, we developed an agent system that supports the efficient transportation of car carriers plan so that the car carriers can increase competitiveness through reduction of the logistics costs. To make this, we researched an algorithm for maritime transportation planning, and also developed a prototype of an agent system which can collect the necessary information in real time and establish a dynamic plan.