• 제목/요약/키워드: Export Determinants

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Analyses of the Effects of Government Export Promotion Programs on Export Performance: Empirical Evidence for Small and Medium-Sized Enterprises in Korea

  • Beom-Cheol Cin;Kuk-Hyun Choe
    • Journal of Korea Trade
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    • 제26권5호
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    • pp.39-55
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    • 2022
  • Purpose - This study empirically examines the effect of the Korean government export promotion program (EPP) on small and medium-sized enterprise (SMEs) export performance using firm-level data. Unlike most previous studies that investigated some specific samples of firms, this study analyzes a vast amount of SME data of the Korean Small and Medium Business Administration over the period 2005 to 2008. Design/methodology - An endogeneity problem arises when a firm's probability of being selected is correlated with the likelihood of successfully implementing EPPs. To control for the endogeneity of the EPPs in a relatively short-period sample, we employ 2-Stage Residual Inclusion (2SRI) RE-Tobit and bivariate Tobit procedure. Findings - Analyses show that Korean government EPPs have positive significant effects on SME exports. Empirical results also show that SME export activities are significantly encouraged by R&D investment and capital intensity, but not obviously by labor productivity. Originality/value - This study provides evidence that SME capital intensity, R&D investment, and the number of workers are significant determinants to SME exporting activities, whereas per worker labor cost and employee education are not. These results imply that even for SMEs, firm size is a major factor in promoting exporting activities.

중소기업 수출지원기관의 조직성과에 영향을 미치는 요인에 관한 실증연구 (An Empirical Study on Determinants affecting to the Perceived Organizational Performances of Korean Organizations Promoting SMEs' Export)

  • 김재우;정윤세
    • 통상정보연구
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    • 제14권4호
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    • pp.275-295
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    • 2012
  • 본 연구는 우리나라 무역증대에 중요한 역할을 해 온 중소기업 수출지원기관의 조직성과에 영향을 미치는 요인에 관한 연구를 통하여 향후 무역 2조 달러 달성을 위한 정책적 시사점을 얻고자 한다. 실증분석 결과 수출지원조직의 조직원들의 공공봉사동기와 자긍심은 조직성과에 모두 정(+)의 영향을 미친다는 결과가 도출되었다. 인구통계학적 변인을 토대로 검증했을 때 여성과 근속년수가 짧은 직원의 조직몰입도가 낮게 나왔다. 한편, 변수들의 하위요인들 중 내재적 직무만족감은 조직성과에 유의한 영향을 미치나, 외재적 만족은 조직성과에 유의한 영향을 미치지 않았다. 이는 수출지원기관 직원들이 급여나 승진보다는 직무가치인식이나 사명감을 중요하게 여기며, 이러한 마음가짐이 우리나라 무역발전의 원동력이었다는 것을 이론적으로도 입증한다고 볼 수 있다. 본 연구를 통해 향후 국내 수출지원 기관들이 보다 실질적인 중소기업의 수출지원을 위해 직무성취감을 높이고 성과를 거양할 수 있는 토대를 마련하는 것이 더욱 필요할 것으로 여겨진다.

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한국기업의 대(對)중국 기술수출 결정요인 분석 (An Analysis on the Determinants of Technology Export by Korean Finns to China)

  • 이승영;김희용
    • 통상정보연구
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    • 제10권2호
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    • pp.141-164
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    • 2008
  • This study aims to come up with the elements that have influence on the outcomes of technology transfer in a multi-divisional way by making analysis of the interactive relations among technology transfer factor, technology transfer procedure factors, and technology transfer outcome factors through the Structural Equation Model(SEM). And the sample companies are restricted to the ones that have the records of technology transfer to China for the past five years For research model, technology success factor model of Choi and Lee (2000) and technology receptive capability and technology transfer outcome model of Lin, Tan and Chang(2002) were adopted. The research model was divided into an external variable, technology transfer factors and an internal variables, technology transfer procedure factors and technology transfer outcome factors. Research hypothesis was divided into technology transfer factors and technology transfer procedure factors; and technology transfer outcomes. As a result of analysis, cultural difference associated with technology transfer, technological type, corporate capability, and mutual trust have an effect on the outcomes of technology transfer.

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중소수출기업의 무역전시회 참가성과 만족도 결정요인에 관한 연구 (A Study on the Determinant of Trade Show Performance of Export-oriented Small and Medium Enterprises.)

  • 최문환;김영일;서민교;권영철
    • 통상정보연구
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    • 제10권2호
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    • pp.117-139
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    • 2008
  • This study examines the determinants of trade show performance of export-oriented small and medium enterprises(SMEs). In this regard, the trade show performance is categorized into two dimensions, such as sales objective performance vs. non-sales objective performance Based on the analysis of 116 exporters participated in trade show held in DaeGu EXCO, it is found that the roles of the show organizers play more important roles in both the sales objective performance and the non-sales objective performance than the roles of the exhibitors do. It is also interesting to find that export experience has a negative influence on both the sales objective performance and the non-sales objective performance. These results suggest that trade show organizers should provide high service quality so as to enhance the trade show performance of exhibitors.

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Factors of Korea-China Product Trade According to GVC Changes: Focused on FTA

  • Kwak, Su-Young;Choi, Mun-Seong;Kim, Yong-Hwan;Lee, Do-Hyung
    • Journal of Korea Trade
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    • 제24권8호
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    • pp.133-152
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    • 2020
  • Purpose - The purpose of this study is to analyze the determinants of commodity trade in Korea and China and to examine the implications of China's GVC shift from export to domestic market on its impact on Korea's trade. Design/methodology - This study selected 30 major trading partner countries. The dependent variable is the trade volume, and the independent variables are general economic factors such as gross domestic product (GDP), GDP per capita, distance, and FTA. Findings - The trade pattern of Korea's commodities shows that GDP has a positive relationship with trade, import, and export. Distance has a significant negative relationship with total trade, import, and export. FTA is significant for import but it is not significant for total trade and export. The trade pattern of China's commodities shows that GDP has a significant positive relationship with total trade, import, and export. Distance has a negative relationship with trade, import, and export. GDP per capita is not significant for total trade and import, but it is significant for export. FTA is significant for total trade and export, but it is not significant for import. Originality/value - Existing papers were studied mainly in certain industrial sectors such as agriculture, manufacturing, automobile industry and steel industry. This paper attempts to collects vast amounts of data about the 30 countries of Korea and China respectively and analyzes by Random Effect Model dividing the goods (0 to 9) in units of STIC (Rev. 4). The major contribution is that the decision factors affecting commodity trade can be analyzed in SITC units (0-9) to obtain analysis results that are subdivided by product group and organized by product.

Determinants of Investment Capital Size: A Case of Small and Medium-Sized Enterprises in Vietnam

  • XUAN, Vu Ngoc
    • The Journal of Asian Finance, Economics and Business
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    • 제7권6호
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    • pp.19-27
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    • 2020
  • This research investigates the determinants of investment capital size in Vietnam's small and medium-sized firms. The study employs a sample of 458 small and medium-sized enterprises in the country. The study is based on data collects in the areas of Hanoi, Bac Can, Buon Ma Thuot and Pleiku Provinces at time series data of October 2019. This study also identifies the factors that affect the size of investment capital in medium and small-sized enterprises in Vietnam. Data are processed via STATA 14.0 and SPSS 20.0 software. The research results indicate that (1) business lines, (2) import and export business, (3) type of business registration, (4) business location, (5) operating time, and (6) the percentage of the organization's capital contribution are factors that impact on the size of the investment capital of the business. Business line and business location have negative impacts on investment capital size. The operating time, the percentage of the organization's capital contribution, import and export business, and the type of business registration have positive impacts on investment capital size. In addition, the findings of this study also suggest that the operation time has the highest impact on investment capital size of the small and medium-sized firms in Vietnam.

Determinants of the Competitiveness of Women-Owned Small- and Medium-Sized Enterprises: An Empirical Study from Vietnam

  • DAO, Tien Ngoc;LE, Ha Thi Thu;CHU, Phuong Thi Mai;PHAM, Ngan Hoang;LUONG, Trang Thi Dai;TRAN, Dung Tri
    • The Journal of Asian Finance, Economics and Business
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    • 제8권12호
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    • pp.345-352
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    • 2021
  • Guided by a resource-based theory, this study is the first one that takes a quantitative approach to identify determinants of competitiveness of women-owned small and medium enterprises (SMEs) in Vietnam. The study employs time series data of Vietnamese SMEs extracted from the Vietnam Small and Medium Enterprises Survey conducted biennially from 2005 to 2015 in ten Vietnamese provinces. Firm competitiveness hereby is indicated by revenue, market share, profitability, and export volume. The research reveals a number of determining factors, of all, research and development, labor skills, business environment, technology investment are the most important factors, followed by capital and headcount. It is indicated that the determining factors have different influences on competitiveness obtained by different measurements. Therefore, it is based on specific targets and situations to make wise business decisions. The authors also make comparisons among groups of women-owned enterprises divided by their firm age, location, ownership, export, age, and educational background of business owners. The findings serve as critical empirical evidence and provide policy recommendations for improving the competitiveness of women-owned SMEs in Vietnam. The recommendations range from technology support, education and professional support for female entrepreneurs, access to capital and human resources to business environment improvement.

거래비용이론을 이용한 중소기업의 직접수출 전환 결정요인 분석 (A Transaction Cost Approach to Analysis on Determinants of Korean SMEs' Transformation into Direct Export)

  • 하성흔;정윤세;박현희
    • 통상정보연구
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    • 제18권3호
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    • pp.181-201
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    • 2016
  • 본 연구에서는 우리나라 중소기업의 수출기업화를 유도하기 위한 결정요인이 무엇인지 분석하기 위해 거래비용이론을 기반으로 중소기업의 거래비용 및 수출기업화 요소가 기업의 수출결정에 어떻게 작용하는지를 파악하고자 하였다. 거래비용이론에서는 제조업의 유통거래에 있어 거래비용 증가 시, 관련 유통거래를 내부화한다고 설명하고 있는데 본 연구는 기존 간접수출에 의한 국내 판매와 이를 내부화한 직접수출 즉, 수출기업화의 거래구조 선택으로 이를 응용하였다. 실증분석결과 중소기업은 거래특유자산이나 국내시장 마케팅 역량이 부족하거나, 혹은 수요 감소와 사업 환경 악화, 경쟁심화 등 시장의 위협요소가 증가하는 경우에는 거래기업의 기회주의에 크게 노출 될 수 있다. 이 경우 중소기업의 기존 간접수출방식에 의한 계약거래는 높아진 기회주의로 인해 부정적인 영향을 받아 거래구조를 변경하여 직접수출 거래방식으로 계약구조 변화를 선택하게 된다.

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공적개발원조가 한국의 수출에 미친 영향 연구: 패널 자료 분석 (The Study on the Impact of ODA on the Export of Korea: A Panel Data Analysis)

  • 강명주
    • 통상정보연구
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    • 제17권1호
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    • pp.217-240
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    • 2015
  • 본 논문은 28개 국가에 제공한 공적개발원조(ODA)와 원조 수원국의 무역개방이 우리나라 수출에 미친 영향에 중점을 두고 분석하였다. 본 연구는 2005~2012년 기간의 패널자료를 가지고 원조 수원국의 경제규모(1인당 GDP), 무역개방(trade openness), 인구수, 원조 공여국의 공적개발원조(ODA) 규모, 원조 공여국과 수원국간의 거리(distance) 등의 변수를 포함하여 모형을 구축하였다. 또한 원조 수원국을 아시아, 아프리카, 아메리카 등 3개 지역으로 구분하여 이들 지역에 제공한 원조가 우리나라 수출에 미친 영향도 분석하였다. 모형의 적합성을 판단하기 위해 패널 단위근과 패널 공적분 검정을 실시하였으며, 이를 토대로 panel OLS, panel GLM, panel EGLS 등의 추정방법을 이용하였다. 분석결과에 따르면, 원조 수원국의 경제규모, 인구수, 무역개방과 우리나라의 공적개발원조(ODA)는 우리나라 수출 증가에 긍정적이며 통계적으로도 유의한 영향을 준 것으로 나타났다. 반면에 거리변수는 수출증가에 부정적이며 통계적으로도 유의한 영향을 준 것으로 나타났다. 더미변수를 이용한 경우, 아프리카와 아메리카 지역에 대한 원조는 각각 5%와 10% 유의수준에서 우리나라 수출증가에 부정적인 영향을 준 것으로 나타났다. 따라서 아프리카에 대한 원조 규모가 최근에 증가하는 추세를 고려할 때 이 지역에 대한 원조가 우리나라 수출을 증진시킬 수 있는 방안들을 우선적으로 모색해야 한다. 또한 아프리카와 아메리카 지역에 대한 원조가 우리나라 수출시장의 확대보다는 자원의 확보와 개발에 중점을 두었는지에 대한 향후 연구도 필요하다.

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Analysis of Indonesian Tuna Fish Export to Twelve Main Destination Countries: A Panel Gravity Model

  • PUTRA, I Wayan Edy Darma;NASRUDIN, NASRUDIN
    • Asian Journal of Business Environment
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    • 제13권1호
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    • pp.31-41
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    • 2023
  • Purpose: This study purposes to analyze the determinants of the volume of Indonesian tuna exports. Research design, data and methodology: The framework was developed from the gravity model for trade, which was expanded with additional variables of competitiveness, exchange rate, and industrial share of the destination country. The data sources used in this study are UN Comtrade and the World Bank. The data used is yearly data from 12 countries in 2001-2019. The scope of the study is limited to exports to the twelve main export destinations. Panel data regression analysis is used to determine the factors that affect the volume of Indonesian tuna exports. Results: The results show that according to the theory, Indonesia's GDP has a positive effect and economic distance has a negative effect on the volume of the exports. Meanwhile, the GDPs of the destination countries are not proven to have a positive effect. However, the higher the industrial share in the country, the higher the export volume tends to be. Conclusions: The conclusion obtained from this study is that Indonesia's GDP, economic distance, real exchange rate, industrial GDP share of the destination country, and the RCA index affect the volume of Indonesian tuna exports.