• Title/Summary/Keyword: Export industry

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Influence of Global Competitive Capability on Global Performance of Distribution Industry in South Korea

  • KIM, Boine;KIM, Byoung-Goo
    • Journal of Distribution Science
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    • v.19 no.12
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    • pp.83-89
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    • 2021
  • Purpose: Purpose of this study is to empirically analyze influence of global competitive capability on global performance of distribution industry in South Korea. Also based on the empirical results, give managerial implication to distribution industry and contribute to academies of management. Research design, data and methodology: This study focuses on relationship analysis between global competitive capability and global performance. This study measured global competitive capability with three concepts; human capability, network capability and product/service capability. And measured global performance with export performance. To empirically analyze relationship between variables, this study used 2,316 data of GCL Test by KOTRA and Kdata. This study used SPSS26 and analyzed frequency, reliability, correlation and stepwise regression analysis. Results: Result shows that, in control variable, business period and business field give significant positive influence on export performance. Among antecedents, human capability and network capability give significant positive influence on export performance. However, product/goods/service was not significant. Due to significant influence of business field which is categorical variable. This study additionally analyze relationship by business field group to confirm whether relationship differ by group or similar. Conclusions: Based on the results, this study try to give implication to distribution industry management and contribute to academic.

Korea Plant Now & A Plan to Promote Its Export (우리나라의 플랜트 산업의 현황과 수출촉진 방안)

  • 신용하;조영준;손병진
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.15 no.26
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    • pp.201-215
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    • 1992
  • Plant industry, which get high added value, renders to finding a new market for foreign trade by reducing its trouble and promoting economic collaboration. Inspite of this advance, korea plant industry has low techical know-how and has not been koreanized yet. This report presents the range and characteristics of the korean plant industry in chapter one, the present condition in chapter two, and the trend of plant industry of the world in chapter three. It concludes by showing the reform measures of korean plant industry which promoting korean export.

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Does GVC Participation Improve the Productivity of Korean Manufacturing Firms? : Evidence from Subgroup Analysis Using Enterprise-level Data

  • Suji Jeong;Soo-yong Shin
    • Journal of Korea Trade
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    • v.26 no.6
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    • pp.96-117
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    • 2022
  • Purpose - Considering the recent instability of world economy and its heavy dependence on foreign, Korea must formulate breakthrough approaches to proactively cope with these adverse global developments. As such, this study aims to ascertain how participation in global value chains (GVCs) relates to corporate productivity and derive policy implications. Design/methodology - This study utilizes the microdata of Korean manufacturers to develop indicators of GVC participation at the enterprise level and analyzes the effects of GVC participation on the firm's total factor productivity by using fixed effect model. Findings - Enterprises with highest rates of export-side GVC participation see their productivity grow as their export-side GVC participation rates increase. In addition, when companies are classified by their export-side GVC participation rates, increasing export values improves all firm's productivity. In particular, those with low participation rates are analyzed to achieve higher productivity by increasing their imports, not only exports, which implies that companies with lower export-side GVC participation can boost productivity by reinforcing their export and import activities. Originality/value - This research paper distinguishes itself from others in that it makes a novel attempt to design the indicators of GVC participation at the enterprise level, not at the national or industry level. In addition, this study contributes to the existing literature by dividing companies into subgroups depending on their GVC participation rates for each of export and import and identifying variances in the effect of GVC participation on productivity growth among subgroups.

Empirical Analysis on the Determinants for the Service Export Performance in the Medical and Healthcare Service Industry (의료 및 보건 서비스산업에 있어서 서비스수출 변동요인에 관한 실증분석)

  • Jung, Yong-Sik;Park, Se-hoon;Kang, Joo-Hoon
    • Journal of Korea Society of Industrial Information Systems
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    • v.21 no.5
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    • pp.31-40
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    • 2016
  • This paper is to set up the autoregressive distributed lag model in order to estimate factor elasticities of the service export in the medical and healthcare service industry and to analyze the determinants for its export performance during 1975-2015. The empirical results suggest that industrial markup, exchange rate, and interest rate have had more decisive effects on the industrial export performance in the medical and healthcare service industry, in particular, during the declining period in factor prices since the foreign currency crisis beginning in late 1997.

Korea National Food Safety Certificate for ensuring global competitiveness of food export industry (수출식품산업의 국제경쟁력 확보를 위한 식품안전국가인증제)

  • Baek, Sang-Woo;Kim, So-Hee;Cho, Jae-Jin;Ahn, Yeong-Soon;Cho, Ah-Ra
    • Food Science and Industry
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    • v.54 no.2
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    • pp.82-92
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    • 2021
  • To resolve difficulties of export process and strengthen competitiveness, Korea National Food Safety Certificate (K-NFSC), a comprehensive food safety support system, has been promoted to introduction. K-NFSC is at a developmental stage where the government certifies the safety of exported K-foods by developing Korean certification system based on HACCP and food safety management added for international use, and provides consulting on regulations of customs clearance and safety test analysis of food intended for export. To apply for the Global Food Safety Initiative (GFSI) technical equivalence in 2022, developmental direction of Korean certification system is set referring to FSSC22000. If selected as participants of an export supporting project, regulatory information such as customs clearance procedures and food labeling will be provided. In addition, the results of safety test analysis will be certified to help export products pass customs entry. K-NFSC is expected to support K-food exports and be growth engine for K-food industry.

Competitiveness Comparison between Korea and Japan in the Spectacles Industry (한국과 일본 안경산업의의 경쟁력 비교)

  • Lim, Jun-Hyeong;Hyun, Sung-Cheol
    • Journal of Korean Ophthalmic Optics Society
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    • v.15 no.1
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    • pp.19-23
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    • 2010
  • Purpose: The aims of this paper are to assess the competitiveness about the spectacles industry of Korea against Japan. Methods: We use export competitiveness indexes such as market share index, trade specialization index and market comparative advantage index to evaluate the competitiveness of spectacles industry of Korea against Japan. Results: This paper shows that the comparative advantage of the Spectacles industry of Korea in MC(market comparative advantage) against Japan arc spectacles lenses and contact lenses. Furthermore, it can also be known that the spectacles lenses and contact lenses have export competitiveness in the TSI (trade specialization index) against Japan. Conclusions: We need to choose spectacles lenses and contacts lenses as the main export items against Japan in the spectacles industry of Korea. Along with this, we need to improve the image of the Spectacles industry in Korea; after that, we have to create a strategy that would strengthen export competition in other items.

Export Performance and Stock Return: A Case of Fishery Firms Listing in Vietnam Stock Markets

  • VO, Quy Thi
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.4
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    • pp.37-43
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    • 2019
  • The research aims to study the relationship between export performance and stock return of Vietnamese fishery companies. To conduct this study, quarterly data was collected for period from 2010-2018 of 13 fishery companies listing in Ho Chi Minh Stock Exchange (HOSE) and Ha Noi Stock Exchange (HNX). The export performance was measured by export intensity, export growth and export market coverage. In addition, interest rate, exchange rate, GDP, firm size, profitability, and financial leverage were considered as the control variables in the research model. Panel data analysis with Generalized Least Squares model was employed to estimate the predictive regression. The findings indicated that export intensity and export growth have a significant and positive relationship with stock returns. However, export market coverage has not a significant relationship with stock return at the 0.05 level. Profitability, financial leverage, and exchange rate have a positive relationship, while interest rate and GDP have no relation to stock return at the 0.05 significance level. The findings imply that investors should consider the export intensity instead of export growth and export market coverage as selecting stock of fishery exports firms to invest; managers should increase export intensity to increase company's stock price or firm market value.

A Study on the Regression Models of Success and Failure of Tenders for Plant and Construction Exports (플랜트 및 건설수출 입찰의 성공 및 실패모델에 관한 연구)

  • You, Kyou-Yeol
    • Journal of the military operations research society of Korea
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    • v.29 no.1
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    • pp.88-111
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    • 2003
  • This paper is to suggest strategic options for improving the export performance of the plant and construction industry. The overall objective of this study is to explore the feasibility of a sustained export performance in the plant and overseas construction industry by an analysis of its international competitiveness and technological competence. The empirical work of this study relates to a chosen sample of Korean and non-Korean firms in the plant and construction industry sector. Primary data was collected through a comprehensive questionnaire survey administered to plant and construction firms in twelve countries, including Korea. The actual number of firms for which full information at a sufficient level of disaggregation was obtained was 62, a response rate of 44.6%. Of these, 42 firms were drawn from Korean plant and construction firms and the remaining 20 firms from 11 other countries. The structure of responding firms by industry shows a total of 29 plant exporters and 33 construction firms. Data analysis was carried out using SPSS statistical technique such as Multiple Regression in order to examine the linear relationship among variables. The findings of the study indicate that export success and failure in plant and construction export markets is determined by firm size and by various qualitative variables. The high export volume (export success) of Plant and construction exporters is more strongly influenced by mutual economic cooperation and number of employees than by sales volume and competent knowledge of the plant and construction markets. It was also found that weak political and diplomatic relation between countries, low sales volume and lack of bid experience have an adverse effect and represent serious barriers to exports.

The Effect of Overseas Export Factors of ICT Companies on Non-Financial Performance (ICT 기업의 해외수출 요인이 비 재무적 성과에 미치는 영향)

  • Whang, In-Pyo;Yi, Seon-Gyu
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.5
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    • pp.2870-2881
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    • 2014
  • In this study, I empirically analyzed the factors affecting export performance with domestic ICT companies. I set up 3 variables - companies' factors, marketing factors and factors of export supporting system - as the factors affecting export performance, based on findings of precedent studies; and I set up non-financial performance as a dependent variable. As a result of analysis, I found out that companies' factors(market orientation of CEO, competitiveness in export, experience of export) and marketing factors(diversification of overseas market, barriers to marketing), among the variables affecting export performance, were the variables affecting non-financial performance, set up as the export performance; but the factors of awareness, availability and difficulty, set up as the detail factor among factors of export supporting system, do not affect non-financial performance.

A Study on the Service Export Strategy of China and the Counter Plan of Korea (중국의 서비스수출전략과 한국의 대응방안)

  • Kim, Mie-Jung
    • International Commerce and Information Review
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    • v.8 no.3
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    • pp.323-341
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    • 2006
  • The world industry structure is characterized as service economics concerned with key words of global, information and culture. Developed countries have expanded a value-added of service economics along with rapid growth of service economics. In this change of economic environment in the world, China have converted their strategy of an economic management into coping with the industrial structure of service in the 11th 5-year plan. The purpose of the paper, therefore, is to find out the new commerce strategy of China, and searching for the counter plan of Korea. Chapter 2 begins with the change of economic strategy in China and their cultural factors using service industry. Chapter3 deals with, from the basis of chapter 2, China's service export strategy to abroad and our counter plan that is able to export and expand Korean service and culture industry into China.

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