• Title/Summary/Keyword: FTA 분석

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Analysis on the Effect of Korea-China FTA in the Automobile Trade (한·중 FTA의 대중국 자동차 무역 영향 고찰)

  • Lee, Seoung Taek;Kim, Sungkuk
    • International Commerce and Information Review
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    • v.17 no.1
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    • pp.265-285
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    • 2015
  • After the establishment of WTO for strengthening of GATT in 1995, the world economy has gradually been integrating toward economic globalisation. Even though this multilateral agreement may be beneficial to many countries but it also interferes domestic policies of member countries and threatens the role of local government and policy independence. For these reasons, FTA between countries or regions has been increasing. According to this trend, Korea and China has reached a substantial agreement of Korea-China FTA for mutual benefits. In general, the Korean automobile industry will benefit from Korea-China FTA due to its competitiveness in the global market and improvement of market access. However in the provisional schedule of concessions and commitment reported by press, the automobile seems to be excluded in this schedule of concessions. Hence, Korean automobile industry can not use the price competitiveness from tariff elimination. Therefore, Korean automobile industry needs aggressive marketing strategies for enhancement of brand equity as well as development of environment-friendly cars for following environment policies of Chinese government. Furthermore, they should make efforts to create the efficient investment environment by the removal of non-tariff barriers.

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The Effect of Cross-Cumulation of Rule of Origin: Case Study of Korea-Canada FTA in terms of Auto Parts Import from U.S. (원산지 교차누적 효과 분석: 한-캐나다 FTA를 활용한 대(對)미 자동차 부품 수입을 중심으로)

  • Kim, Kyu-Rim;Ra, Hee-Ryang
    • Korea Trade Review
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    • v.43 no.1
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    • pp.109-130
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    • 2018
  • The cumulative standard is one of the criteria determining the origin of imported goods and is a provision that allows non-origin materials to be treated as origin goods when satisfying certain conditions. Regarding the Korea-Canada FTA, new cumulative standards were applied concerning cross accumulation of automobile products. It would benefit U.S. originating intermediate goods of HS code chapter 84, 85, 87, and 94 obtained into HS code heading from 8701 into 8706. We examine the effectiveness of crossover cumulative standards through the change in the import values of 84, 85, 87, 94, which are target items for cross cumulation. Only items designated for automobile parts were selected and analyzed. From the estimation results, significant changes appeared in 20 of the 35 items. It was found that the import amount increased significantly as of January 2015 or the rate of change in trend increases more than before. In addition, the estimation results show that Korean auto companies utilizing the cumulative standards through increased imports of auto parts form the U.S.

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An Analysis of Trade Intensity and Comparative Advantage after the Enforcement of the Korea's FTA (한국 FTA 발효 후 무역집중과 비교우위에 대한 분석)

  • AHN, Tae-Kun;KIM, Sung-Ryong
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.77
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    • pp.195-214
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    • 2018
  • In order to analyze the current status of trade with Korea and FTA partner countries, the Trade Intensity Index and the Market Comparative Advantage index were calculated and analyzed using panel gravity model. In the case of trade, trade intensity index has been strengthened according to each FTA enforecement, and in some cases, trade inensity has been weakened. In the case of the comparative advantage index, there was a case in which the comparative advantage was strengthened or the comparative advantage was not significantly changed according to each Chapter of HS code. This means that the Korea's FTA enforcement effect has not directly affected the increase of the trade intensity and the increase of the market comparative advantage index. The panel gravity model using the trade intensity and the comparative advantage index as the dependent variable and the trade volume between the two countries as the dependent variable was analyzed.

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An Analysis of the Impact of FTA Tariff Elimination on the Export Price of Norwegian Fresh and Chilled Salmon to Korea (노르웨이 신선·냉장 연어의 한국 수출가격에 대한 FTA 관세 철폐 영향 분석)

  • Kim, Bong-Tae
    • The Journal of Fisheries Business Administration
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    • v.49 no.2
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    • pp.37-48
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    • 2018
  • This study analyzed the impact of FTA tariff elimination on the export prices for Norwegian fresh and chilled salmon, of which Korean import has significantly increased since the Korea-EFTA FTA implementation. Korea's fresh and chilled salmon market is almost monopolized by Norway, and Korea's price level is higher than other countries, so it is highly likely that price discrimination occurs. This study theoretically explained that exporters could adjust their prices by market power when tariffs are eliminated in imperfectly competitive markets. And the empirical analysis provided evidence that the exporters have made price adjustments since the FTA took effect, and similar results were found in the relative price comparison with trade statistics and Nasdaq Salmon Index. Therefore, in order to increase consumer welfare in Korean salmon market, it is required to transform the monopolistic market structure into a competitive one.

FMEA and FTA for Reliability Analysis of Hybrid Rocket Motor (하이브리드 로켓 모터의 신뢰성 분석을 위한 FMEA 및 FTA)

  • Moon, Keun Hwan;Kim, Dong Seong;Choi, Joo Ho;Kim, Jin Kon
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.21 no.4
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    • pp.27-33
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    • 2013
  • In this study, the FMEA and FTA for reliability analysis of hybrid rocket motor are performed, that was designed in the Hybrid Rocket Propulsion Laboratory of Korea Aerospace University. In order to carry out these analyses the structure of the hybrid rocket motor is hierarchically divided into 36 parts down to the component level and FMEA is carried out with 72 failure modes. Reliability is assessed based on the FMEA, and the results are used in the FTA to evaluate the overall system reliability. In the FMEA, the relationship between the cause and failure modes, effects and their risk priorities are evaluated qualitatively. 27 failure modes are chosen as those with the critical severity that should be improved with priority. As a result of the FMEA / FTA study, a series of design or material changes are made for the improvement of reliability.

A Study on Technology Trade of Korea.China for Korea.China FTA (한.중 FTA에 대비한 한.중 기술무역 연구)

  • Baek, Eun-Young
    • International Commerce and Information Review
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    • v.14 no.3
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    • pp.381-403
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    • 2012
  • The purpose of this study is to examine Technology Trade of Korea China for Korea China FTA. For this purpose, to analysis the present condition of technology trade and Trade Specialization Index(TSI), Technical Barriers to Trade(TBT). The Technology trade of Korea China is the surplus Technology trade of Korea but reducing to surplus scale. Also as a result of TSI analysis, Chemistry, plastic, primary metal, Medical precision industry, basic materials industries have weakened the Korea. In addition to Technical Barriers to Trade of China is very complexity for example, China Compulsory Certificate(CCC), China RoHS, China REACH. Therefore the Policy Technology Trade of Kore against China have to the centerpiece of Korea Technology export drive to expand in China.

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Comparative Analysis of Trade-Labor Linkage in FTAs of the US and EU (미국과 EU의 FTA에 나타난 무역-노동기준 연계에 관한 비교 분석)

  • Kang, Yoo-Duk;Ko, Bo-Min
    • Korea Trade Review
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    • v.41 no.3
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    • pp.1-25
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    • 2016
  • This study reviews international discussions about the trade-labor linkage and examines the labor chapters of FTAs enforced by the US and the EU from a comparative perspective. Since early 1990s, starting from the NAFTA, the US has included forceable labor provisions in its FTAs and this trend continues to the TPP which was concluded in October 2015. On the other hand, the EU's labor provisions in its FTAs have been composed of promotional elements on labor rights based on cooperations and dialogues. These different features of labor provisions in the US and European FTAs are mainly due to the motives of the FTAs of the US and the EU respectively as well as their domestic situations with regards to domestic law and institutional set-ups. The coordination of labor provisions involves a long-term institutional as well as regulatory convergence which triggers not only economic but also social changes, compared to a relatively short-term effect of tariff elimination. For Korea which has been a FTA partner country both with the US and the EU, it is significant to keep the different characteristics in the labor provisions in mind, particularly in the process of its implementation. Concerning the implementation of Korea-US FTA, it might be problematic if Korean law and its regulatory practice on labor-management relations do not comply with that of the US. The Korea-EU FTA case can also have an indirect impact on Korea's labor laws since it stipulates in its provisions that both parties should have discussions not only within each government but also with the civil communities including NGOs. Thus, Korea should pay more attention to the true meaning in labor provisions of both FTAs in order to promote its firms to be equipped with the right labor-management system in their operations abroad.

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An Integrative Method of FTA and FMEA for Software Security Analysis of a Smart Phone (스마트 폰의 소프트웨어 보안성 분석을 위한 FTA와 FMEA의 통합적 방법)

  • Kim, Myong-Hee;Toyib, Wildan;Park, Man-Gon
    • KIPS Transactions on Computer and Communication Systems
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    • v.2 no.12
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    • pp.541-552
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    • 2013
  • Recently software security of the smart phone is an important issue in the field of information science and technology due to fast propagation of smart technology in our life. The smart phone as the security critical systems which are utilizing in terminal systems of the banking, ubiquitous home management, airline passengers screening, and so on are related to the risk of costs, risk of loss, risk of availability, and risk by usage. For the security issues, software hazard analysis of smart phone is the key approaching method by use of observed failures. In this paper, we propose an efficient integrative framework for software security analysis of the smart phone using Fault Tree Analysis (FTA) and Failure Mode Effect Analysis (FMEA) to gain a convergence security and reliability analysis technique on hand handle devices. And we discuss about that if a failure mode effect analysis performs simpler, not only for improving security but also reducing failure effects on this smart device, the proposed integrative framework is a key solution.

A Review on the Korea·China FTA Economic Effects Using Event Study (사건연구를 활용한 한·중 FTA의 경제적 영향에 관한 연구)

  • Min, Yujuana;Seo, Min-Kyo;Yang, Oh-Suk
    • International Commerce and Information Review
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    • v.18 no.3
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    • pp.73-100
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    • 2016
  • This study focused on the Korean Stock Market so as to recognize the actual Korea-China FTA effect in the firm level. The result are as follows. First, lifting embargo even before the FTA actually took into effect influenced negatively to the firms listed in Korean Stock Market unlike the expectations that effectuation could influence positively to Korean economy. Secondly, the industries that China has attracted more foreign investors than Korea have shown declining returns as they positioned comparative disadvantages in Korea. In this regard, foreign shares delivered signaling effects to domestic investors in Korea. Thirdly, information for effectuation(embargo lifting) has reflected in the stock prices immediately as it leaked in the industries expecting the negative impact, while investors showed the tenancy to retain the action until the FTA actually took into effect in the industries expecting the positive impact.

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A Study on TBT Estimation between Korea and China based on Price Wedge Approach (가격차 모형에 기초한 한국과 중국간 기술무역장벽(TBT) 추정에 관한 연구)

  • Ha, Tae Jeong;Moon, Sunung
    • International Commerce and Information Review
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    • v.16 no.4
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    • pp.307-330
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    • 2014
  • The purpose of this study is to estimation of Technical Barriers of Trade(TBT) between Korea and China. TBT is one of the key issues in which both governments are interested since the Korea-China FTA negotiations had launched in 2012. In this paper, we aggregate nine country HS codes from World Bank and AIO codes from JETRO. Our estimation model based on modified price wedge approach differentiate previous researches in the sense that it covers all manufacture industries and uses nine country data set. Estimation results confirm the importance of TBT showing that TBT high ranking items significantly overlap high ranking export items. We also find that the size of Chinese TBT are much larger than that of Korean TBT, implying that Korean government needs smart and well prepared strategy for key items in TBT/FTA negotiation with Chinese government.

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