• Title/Summary/Keyword: Export To China

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Forecasting the Effects of Korea-China FTA on Korean Industrial Exports and CO2 Emissions (한·중 FTA에 따른 산업부문별 수출 변화와 CO2 배출량 변화 예측)

  • Ha, Inbong;Lee, Kwangsuck
    • Environmental and Resource Economics Review
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    • v.19 no.1
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    • pp.81-100
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    • 2010
  • This paper measures the impacts of the Korea-China Free Trade Agreement (FTA) on the emissions of carbon dioxide ($CO_2$) in Korean export industries. The Korean industrial exports were forecasted by employing Bayesian Kalman Filter Vector Auto-Regression (BVAR) model. The emissions of $CO_2$ were then estimated by applying the $CO_2$ emission coeffcients on the conditionally forecasted values of export by industries. Under the conditional scenario of the 50% reduction in current tariff rate through FTA between Korea and China, the total $CO_2$ emissions in Korea were expected to increase by 1.96% compared to the BAU (Non FT A) trend at the end of 2010. Another conditional scenario with no tariff after 2012 was also adopted. In this case, the total $CO_2$ emlssions were estimated to increase by 2.06% compared to the BAU up until the end of 2014. These facts imply that the FTA between Korea and China would not result in the significant increase of $CO_2$ emissions in Korea.

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A Study on the Correlation Analysis of China's IC Industry Profit and R&D Expenditure, New Products Development Costs and Annual Export Volume (중국 IC산업의 산업이익과 R&D 지출, 신제품 개발비 및 연간 수출량의 상관관계 분석)

  • Guo, Tian-Jiao;Yang, Jun-Won;Kim, Hyung-Ho
    • Journal of Digital Convergence
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    • v.17 no.8
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    • pp.159-170
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    • 2019
  • IC industry is one of the foundation and core industries of modern information industry. Therefore, the study of this industry has important theoretical and practical significance. The main purpose of this study is to measure the degree of close correlation between the two indexes through correlation analysis of the selected indicators, so as to study the development trend and direction of IC. Based on the theory of induced innovation and the theory of comparative advantage, this paper analyzes the correlation between the profit of the IC industry and the following three indicators by using chart analysis method, covariance analysis method and correlation coefficient analysis method. These three indicators are R&D expenditure, new product development costs and annual export amount of IC. The selected data are mainly from CHINA STATISTICS YEARBOOK ON HIGH-TECHNOLOGY INDUSTRY. Through the research, it is found that the profit of China's IC industry is positively correlated with the first two indicators and negatively correlated with the annual export amount.

Paradigm Change in the Asian Fashion Industry: In terms of Production, Consumption and Trade

  • Son, Mi Young;Yoon, Namhee
    • International Journal of Human Ecology
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    • v.15 no.2
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    • pp.1-12
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    • 2014
  • This study focuses on apparel production and consumption trends in major Asian economies in order to understand a paradigm change in the Asian fashion industry. A comparison of trade among ASEAN, NICs, and developed countries shows the changes that have occurred in terms of production and consumption of fashion products before and after 2000 in Korea, Hong Kong, and China. The flow of imports and exports in the apparel industry was analyzed using UN trade statistics data. The results found a change of industry structures in Asian NICs and ASEAN countries. Garment production bases have moved to lower cost regions like China and ASEAN; in addition, NICs sent a part of their export business in the fashion industry to ASEAN countries. The Asian fashion industry has transformed from a production base for developed countries into a consumption market with the emergence of newly industrializing economies.

A Study on the Body Proportion and Proportional Dimension Standards for Chinese Women - Focusing on the analysis of the high-frequence group -

  • Kim, Eun-Hee;Sohn, Hee-Soon
    • Journal of Fashion Business
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    • v.10 no.6
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    • pp.91-109
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    • 2006
  • This study aims at strengthening the national competitiveness of Korea's clothing industry as it provides substantial information on the human body proportion and proportional dimension standards for Chinese women and improves the fitness of clothing, considering human proportion in the production of clothing products for export to China. This study selected by simple random sampling Chinese women in Beijing and Shanghai, China, whose age is between 19-50 from June 23 to August 7, 2004. The stature of the average Chinese woman belonging to the High Frequency group is 7.09 times as long as the length of the head. We developed the body proportional dimension standards with the same proportion with High-Frequence group. The basic size of proportional dimension standards for Chinese women has the stature of 159cm, (chest circumference)/2 of 42.8cm.

The Investigations on Competitive Power of Frames Industry at Daegu (대구 안경테산업 경쟁력 조사)

  • Park, Eun-Kyoo;Park, Jeong-Sik;Jang, Jun-Young
    • Journal of Korean Ophthalmic Optics Society
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    • v.10 no.1
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    • pp.83-89
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    • 2005
  • The results that research industrial competitive power of about two hundreds frames manufactures were as follows. First, It's researched that frames industry of Daegu will be worse and worse, and 79 percent of inquiry manufactures in export and 58 percent of them in the domestic demand prospects to be worse. Second, it is analyzed that the commercial profits in 2004 was more decreased to 16.5 percent than 2002. Therefore it is studied that they will be diminished to 5---- comparing with last year by a fall in the exchange rate of the won dollar, in the export unit cost and a raise of raw material price. Third, it is researched that most competitive countries of Daegu glasses manufactures is China and the mext county is japan, ltuly and hik. Fourth, It is studied that average price of glasses of Daegu during last three years(2002~2004) was more disadvantageous than China and Hong Kong, but was more profitable than Italy and Japan by the examination that when Korea is 100, China is 82, Hong Kong 89, Italy 112, Japan 114. Fifth, It is investigated that the average of production cost in Daegu is more disadvantageous than that of China and Hong Kong but is more profitable that of Italy and Japan by the study that when average production cost of Korea is 100, that of China is 78 and that of Hong Kong 89, that of Italy 114. Sixth, It is studied that the Average personal expense of Daegu is much more disadvantageous than that of China and more profitable than Japan and Italy by the analysis that when Korea is 100, China is 74, Hong Kong 98, Japan 112, Italy 113. Seventh, It is analyzed that technique, quality, design of Daegu are more advantageous than those of China, are equal with those of Hong Kong. Eighth, It is studied that Daegu still lags behind more four and five years than developed countries and goes more oheod four years than developing countries.

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A Study on the Korean company's plan for entering into MERCOSUR (국내기업의 남미공동시장(MERCOSUR) 진출방안에 관한 연구)

  • Park, Chong-Suk
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.30
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    • pp.123-144
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    • 2006
  • MERCOSUR (Southern Cone Common Market, Latin American trade organization established in 1991, full members: Argentina, Brazil, Paraguay, and Uruguay; associate members: Bolivia, Chile, Colombia, Ecuador, Peru, and Venezuela) is the world's third largest economic union. It is a vital region that Korean corporations should enter to preoccupy the Latin American market. Since China and Japan are recently moving strongly to advance into MERCOSUR, Korea needs to work out measures to cope with the situation. In trading with MERCOSUR, it is very important to establish a strategic base in the market from a long-term perspective rather than to approach the market only as an exporting market. From this viewpoint, Korea should regard MERCOSUR as a market with which it should cooperate in terms of resources, beyond a market from which it imports raw materials. Helped by its advancement strategies varying according to regional markets and price competitiveness, China is bolstering its market share in these regions. In addition, China has built production bases focused on electric and electronics products. It is also increasing its investments in MERCOSUR as a stable raw material-providing base. To make inroads into MERCOSUR successfully, therefore, Korean enterprises should not regard it as a market where it disposes of stock goods, but should instead export technologically competitive goods to this region. Likewise, Korean companies should expand their investments in automotive parts and machinery in MERCOSUR. Furthermore, Korea should closely study international trading policies of MERCOSUR to clear away any possible obstacles of exports to this region and to prepare countermeasures so as to avoid possible damage from import regulations of MERCOSUR.

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Korea's 6th industrial case and competitiveness plan through Japan and China

  • Park, Sang youn;Kim, Hyun Jun;Song, Duk-young;Park, Hyoung ho
    • International Journal of Advanced Culture Technology
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    • v.6 no.2
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    • pp.36-42
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    • 2018
  • The types of sixth industry to aim of boosting agriculture and rural areas and Korea's sixth industrial cases(Local community, production-centric, distribution-centric, dine out-centric, treatment-centric, export-centric) and competitiveness measures through Japan and China. Specifically, the competitiveness through the sixth industrial case is to maximize added value through cooperation between communities and to coexist among local residents. Efforts are needed not only to create jobs for the elderly but also to gain consumer confidence, and various measures should be sought to establish a cooperative system. In addition, as customers ' needs change rapidly in the smart age, the life cycle of goods and services is getting extremely faster. Therefore, the sixth industry is expected to be able to predict changes in customer and market trends quickly and accurately, thus making efforts to bring new products and services to market more necessary and contributing to achieving rural activation.

Korea's IT Trade with Major Partners (US, Japan, China) and its Impacts on Domestic Industry (우리나라 주요국(미국, 일본, 중국)과의 IT 무역과 국내 IT 산업으로의 파급효과)

  • Lee, Sang-Yong Tome;Han, Jae-Seung
    • Journal of Information Technology Applications and Management
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    • v.18 no.2
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    • pp.39-59
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    • 2011
  • Information Technology (IT) has been working as an engine of growth in Korea since early 1990's. For the next leap of Korean economy and to overcome worldwide financial crisis, Korea's IT industry needs to find a new breakthrough. In this viewpoint, we tried to empirically analyze the impact of Korea's IT trade on domestic industry. Since Korean government is trying to set up a few free trade agreements (FTA) with major trade partners, more accurate understanding of the impact of FTA is required to find the correct way to promote Korea's IT industry. We first looked at the current status of Korea's IT trade with major partners such as the US, Japan, and China to understand the competitiveness of Korea's IT industry. Having done this, we measured the impact of IT trade on domestic industry using Granger causality test. The results showed that the positive impact of trade is bigger on IT industry than on whole industry. Also, the impact of import turned out to be bigger than that of export. Among the major trade partner countries, the US’s and China's impacts are bigger than Japan's impact. Another notable thing is that IT product import from the US has especially big impact on domestic IT industry. Our findings may have certain implications to the FTA related policy.

A comparative study of Water Public-Private partnership characteristics in Guangdong and Shandong provinces in China

  • Jihye Oh
    • Proceedings of the Korea Water Resources Association Conference
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    • 2023.05a
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    • pp.182-182
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    • 2023
  • Since China adopted Public Private Partnerships (PPPs) in the 1980s, China has relied on water PPPs to expand appropriate water facilities.. According to the World Bank data from 1994 to 2020, the top five provinces hosted over 40 percent of total PPPs, with four of them located in the Huadong area and one in the Henan area. A vast gap exists between the group attracting the most PPPs and the group hosting the least. This study explores Guangdong and Shandong provinces, which have led most PPPs in China. Coincidently, these areas are also famous for the typical areas to show the Chinese economic policy after the open-door policy. They have achieved economic development and rapid urbanization rates based on the large scale of Foreign Direct Investment inflow and export-oriented manufacturing industry, as well as their active participation in PPPs over the last thirty years. An economic approach can provide valuable insights into the development of water infrastructure. Adequate urban infrastructure has been shown to impact local economic development positively. Water infrastructure also provides a basic and sustainable environment for economic activities by satisfying more water usage, improving the efficiency of the water supply, and reducing water pollution caused by industrial activities. However, it remains only partially understood without inclusive research on the issues related to water resources in each province. For instance, existing studies have been limited to explaining slightly different patterns of water PPPs between Guangdong and Shandong at the beginning of the PPP era. This study aims to elucidate the development pattern of water PPPs in each province from multi-dimensional aspects. Therefore, the study will help understand why China boosted the development of the private water market.

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Marketing Strategy of Korean Textile Industry for US market in Post Korea-Us FTA era. (한미 FTA에 대비한 미국 섬유시장 진출 전략)

  • Koh, Joong-Hyun;Kim, Joo-Nam
    • International Commerce and Information Review
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    • v.11 no.1
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    • pp.95-116
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    • 2009
  • Korea-Us FTA negotiation started in February 2006 with a view to overcoming those uncertainties in the global market and was finally concluded in April, 2007. The Agreement was officially signed between ministers two month later and it is expected to be ratified this year even though the process is most likely to be painful in both countries by the political resistances. For the new President of the United States, effective leadership will depends largely on how to encourage domestic industries such as Automobile industry and Iron and Steel industry from the financial crisis. Many trading partners of US worry about US foreign trade policy changes to protectionism that might be unequal to bear. Korea textile industry is one of the major industry in Korea as it occupies 15% of total number of manufacturers, 11% of total employment and 5% of national GDP. Korea-US FTA will provide a breakthrough for bouncing back by exploring new market. US agreed to remove all tariff and non-tariff barriers to 87% of textile items under trading. This study shows that Korean textile industry has been losing it's competitiveness as textile quota system abolished in the year 2005 and has been traced by pursuers such as China, India and Vietnam. In case of woven fabric which was a representing export item of Korea lost price competitiveness against China after 2005. This study seeks the strategy of Korea textile industry in the US market by utilizing the capacity of KOTRA offices in US. All possible statistical data obtained in the US were used for analysing the competitiveness. Fabrics and Garments are analysed independently with a view to finding out real trends of textile market in US. This study also suggest Korea's textile industry strategic ideas obtained from the potential buyers to show the way to penetrate into US market.

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