• Title/Summary/Keyword: Exports

Search Result 806, Processing Time 0.025 seconds

Effect of Agricultural Exports and Imports on Economic Growth in Bangladesh: A Study on Agribusiness Supply Chain

  • HASAN, Mostofa Mahmud;HOSSAIN, BM Sajjad;SAYEM, Md. Abu;AFSAR, Mahnaz
    • Journal of Distribution Science
    • /
    • v.20 no.11
    • /
    • pp.79-88
    • /
    • 2022
  • Purpose: The purpose of this study was to determine the effect of agricultural exports and imports on economic growth in Bangladesh and propose an upgraded and customized model of the supply chain for agribusiness growth in Bangladesh to achieve plain sailing and systematic operation and financial gains at home and abroad. Research design, data, and methodology: All data in the research have been collected from secondary sources. Gross domestic product was used as the dependent variable and exports and imports of agricultural products were used as independent variables. Pairwise Granger causality was utilized to see the impact of the variable responsible for the economic growth in Bangladesh and the causal relationship between the variables analyzed was measured using Johansen co-integration test. Results: From the empirical analysis, the researchers observed that agricultural commodity imports and exports have a unidirectional impact on economic growth in Bangladesh and a long-run causal link with economic growth in Bangladesh. The suggested supply chain model of agribusiness aids in achieving smooth operations, systematic management, and monetary gains both domestically and internationally. Conclusions: This paper contributes to the development of a more effective and profitable agribusiness supply chain in Bangladesh systematically through their theoretical and practical implications.

The Impact of Trade Facilitation of RCEP Countries on China's Agricultural Exports: Empirical Analysis Based on 13 Countries

  • Qi-Feng Zhang;Xi Chen;Jin-Long Zhang;Li Cai
    • Journal of Korea Trade
    • /
    • v.27 no.3
    • /
    • pp.1-20
    • /
    • 2023
  • Purpose - Using trade data from 2008 to 2019, this study analyzes the impact of trade facilitation on China's agricultural exports under the RCEP framework using a gravity model based on the level of trade facilitation in 13 RCEP countries. Design/methodology - This study constructs a complete set of trade facilitation index systems, comprehensively measures the trade facilitation level of RCEP member countries, and uses a gravity model to verify the critical role of trade facilitation level in enhancing the trade volumes of RCEP member countries. Findings - We found that trade facilitation has a significant impact on China's agricultural exports as a whole. The effect of each primary indicator varies in magnitude, with finance and e-commerce (F) having the most significant impact, followed by customs efficiency (C) and infrastructure development (1); the institutional environment has no significant effect. Originality/value - This study analyzes the impact of trade facilitation on China's agricultural exports from the perspective of exports, and uses the latest data to study the degree of the impact of trade facilitation in importing countries. Measures to jointly enhance trade facilitation among member countries under the RCEP framework are proposed.

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
    • /
    • v.13 no.1
    • /
    • pp.31-41
    • /
    • 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.

A Comparative Analysis on the Effects of Export Insurance upon Exports in Korea, the United States, and Japan -Export Insurance for E-trading Promotion- (한.미.일 수출보험이 수출에 미치는 영향에 관한 실증분석 -전자무역을 위한 제도개선 중심으로-)

  • Lee, Su-Il
    • International Commerce and Information Review
    • /
    • v.6 no.2
    • /
    • pp.65-84
    • /
    • 2004
  • Korean Government has provided special support to Korean export industry during past 40 years. However, due to the agreement on UR and appearance of WTO, the Government can't provide most of the subsidies which were allowed before WTO era. Hence, export insurance system became more useful tool since it's one of the few allowed subsidies under WTO. This study tries to find the impacts of export insurance systems on the exports in Korea, the United States, and Japan. Firstly, this study surveyed the export insurance systems of Korea, the United States, and Japan. Then, using a regression analysis it analysed the effects of export insurance systems upon the exports in Korea, the United States, and Japan respectively. The period of data is from 1980 to 1999. The results of the regression analysis for export insurance showed significant and positive effects of both Korean and Japanese but the United States showed insignificant and positive upon the exports.

  • PDF

A Study on Differences in Perception of Export Disruption Factors by Characteristics of Small and Medium Export Companies (중소수출기업의 특성에 따른 수출 활성화 저해요인 인식차이에 관한 연구)

  • Roh, Yoon-Jin
    • Asia-Pacific Journal of Business
    • /
    • v.9 no.1
    • /
    • pp.39-55
    • /
    • 2018
  • Exports play an important role in Korea's economy and industry. Korea's share in world trade is also increasing. Governments and trade organizations are making great efforts to promote exports. However, since SMEs lack resources of enterprises, SMEs have a lot of difficulties in increasing exports compared to large enterprises. For this reason, in this study, we analyzed the difference of perception of export difficulties according to characteristics of small and medium export companies. As a result, four factors such as overseas market information, price and cost, competitiveness and regulation of importing country were derived. In addition, we investigated the differences in recognition of export difficulties by the stage of growth of company, period of export, products exported, export department, size of company. There was a significant difference in recognition. Especially, The companies which are the early stages of growth, short export period, finished product, the smaller the size of exports companies are more difficult in export difficulties.

  • PDF

The Effects of Export Diversification on Macroeconomic Stabilization: Evidence from Korea

  • LEE, JINSOO;YU, BOK-KEUN
    • KDI Journal of Economic Policy
    • /
    • v.41 no.1
    • /
    • pp.1-14
    • /
    • 2019
  • This paper studies whether export diversification mitigated the negative effect of the global financial crisis on exports using the Korean case. Specifically, we use annual data on the exports of 24 Korean manufacturing industries from 2000 to 2016 and examine whether the negative effect of the crisis on exports was less prevalent in industries that were more diversified in terms of country and product. We also examine whether export competitiveness, as measured by the revealed comparative advantage index by industry, had a mitigating effect on trade during the crisis. In order to study these issues, we use panel regression with a fixed-effect model for 24 Korean manufacturing industries. From our empirical analysis, we find that country diversification weakened the negative impact of the global financial crisis on Korea's exports, whereas neither product diversification nor export competitiveness did so.

Effects of Economic Integration on Trade in Value Added (TiVA) (경제통합이 부가가치 기준 무역(TiVA)에 미치는 영향)

  • Shin, Meehwa;Lee, Hyun-Hoon
    • Korea Trade Review
    • /
    • v.43 no.2
    • /
    • pp.1-22
    • /
    • 2018
  • Utilizing OECD-WTO's Trade in Value Added (TiVA) data, this study investigates the effects of economic integration (EI) on TiVA Empirical results obtained from structural gravity specifications reveal that EI increases trade between member countries, irrespective the types of exports in final goods and intermediate goods as well as foreign value added in total exports and domestic value added in total exports. The empirical results also reveal that EI does not decrease the share of domestic value added in total exports.

  • PDF

A Statistical Modeling for the Economic Interpretation of Centrality in the International Arms Export (세계 무기 수출 중심성에 관한 통계적 분석과 경제적 의미)

  • Park, Joonsoo;Kim, Sung-Chul
    • The Journal of Society for e-Business Studies
    • /
    • v.25 no.1
    • /
    • pp.177-202
    • /
    • 2020
  • We propose the statistical modeling and empirical results that can be utilized to identify and interpret the structural factors of international arms exports in recent years. The building blocks of research comprise the following questions; which would be the explanatory variables for the changing trend of international arms exports, whether the statistical significance can be verified on those variables and how those are interpreted for the future policy making purpose. We use the dataset of top 40 countries from SIPRI's Arms Transfers Database and analyze several regression models which consist of explanatory variables derived from research hypotheses. The most noticeable result is that the national fiscal reserve is shown to have consistent influence on the arms exports changes. UN security council members' group also has dominant power to make a formation of arms exports market block. Furthermore, gross domestic product and net exports volume in the national economy would seem to be related to changes of international arms exports in post-2000 period as well.

Export to the USA and Sourcing of Korean Apparel Industry (한국 의류산업의 대미(對美) 수출 현황과 소싱 특성)

  • Baek, Young-Ha;Park, Jae-Ok
    • Journal of the Korean Society of Clothing and Textiles
    • /
    • v.32 no.3
    • /
    • pp.462-473
    • /
    • 2008
  • In recent years, Korea's apparel exports to the USA have faced a great threat, as the trade environment around the world has changed continually. The purpose of this study is to analyze the competitive position of Korean apparel exports to the USA, and to enhance export competitiveness by applying to offshore sourcing. The trade data of the Office of Textiles and Apparel(OTEXA) in the U.S. Department of Commerce were selected for inquiry about export competitiveness of apparel products made in Korea. In addition, we targeted members of the Korea Apparel Industry Association among the 500 exporters of clothing items in "The Import and Export Textile Product 2003." A total 70 sheets were analyzed. The results of this study were as follows: 1) Korean apparel exports to USA have decreased by 20-35 percent per year since 2005 under the Free Trade Area, showing that Korean apparel industries have not adapted to the new trade environment. Although Korean apparel exports to USA have indicated a trade surplus from now on, Korean apparel industries should find new ways to overcome this situation, diminishing exports and increasing imports. 2) Korean apparel companies selected more offshore sourcing than domestic sourcing. Also, as Korean apparel companies manufactured apparel products offshore, foreign subcontracting outranked manufacturing in their own foreign plants. When they chose foreign countries to source, they turned mainly to China and Vietnam. Also, they considered the target country's manufacturing price, labor stability, apparel products, quality, lead time, and so on. In order to increase apparel exports, Korean apparel industries should focus more on developing competitively new apparel products, improving the ability of sourcing management, and establishing on-the-spot agencies.

The Carbon Content and Chain Embodied in Exports of Korea with Major Trading Partners : The Multi-Regional Input-Output Analysis (한국의 수출에 함유된 국내외 탄소배출 비중과 탄소사슬(carbon chain): 주요 교역상대국들을 중심으로 한 다지역 산업연관분석)

  • Shin, Dong Cheon;Lee, Hyeok;Kim, Yong Kyun
    • Environmental and Resource Economics Review
    • /
    • v.24 no.1
    • /
    • pp.141-164
    • /
    • 2015
  • The concept of consumption-based greenhouse gas (GHG) inventory is directly related with the carbon content of international trade. Along the lines of the consumption-based GHG inventory, we investigate domestic and foreign carbon contents embodied in sectoral exports of Korea. In addition to the analysis of carbon content of exports, it is investigated how much share of responsibility for carbon emissions of Korea belongs to each major trading partner of Korea. We also compute the carbon intensities of Korean exports in carbon chain with other trading partners and find some characteristics revealed in Korea's carbon emissions embodied in its exports.