• Title/Summary/Keyword: Free trade agreement

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The Analysis on the Export and Import Performance in the Korea Content Industry of the Korea-USA FTA (한·미 FTA의 콘텐츠산업 수출입 효과 분석)

  • Jung, Sang-chul;Ko, Jeong-Min
    • Review of Culture and Economy
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    • v.21 no.2
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    • pp.29-51
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    • 2018
  • The Korea-USA FTA was activated in 2012 and evaluated highly on market-opening among FTA agreements which the Korea government has signed. This paper empirically examines the impact of the Korea-USA FTA on the Korea content industry trade performance with USA. Using ANOVA analysis, the study tested primarily whether there are difference in content exports and imports in a korea-US trade between before and after of Korea-USA FTA in 2012, the year of the entry into force of Korea-USA FTA. Using content industry exports and import data over the period 2007-2015, we find that Korea content export to US after 2012 is significantly different from one before 2012, and there is no difference in import. Based on a regression analysis, we also tested the impact size of Korea content export performance in Korea-USA FTA. The result is that coefficient of FTA dummy variable is not significant, meaning that even though there are some difference in korea content export to US between before and after of Korea-USA FTA, the Korea-USA FTA agreement itself is not a key factor which increase the Korea content export volume to USA market.

The Rationalization of PDM in Pusan Port for the Period of Round Pacific Area (환태평양 시대의 부산항 물류산업 합리화)

  • Park, S. Y.;Park, C. S.
    • Journal of Korean Port Research
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    • v.6 no.1
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    • pp.93-110
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    • 1992
  • The most change in this century is supposed to be declination of ideology, and block of world economy. Addition to down full of cold war atmosphere around Northeast Asia, not only economic and social mood in this region is dramatically changed, but also it gave birth to the block of Northeast economy that accerlated new hub of world economy. According to dramatic change of economic surroundings the dynamic potential of growth in this region will be guided to enlarge inter-regional trade and increase volume of trade, thus suggests to grow steadily transportation. cargos in this region will have to arrange the system of delivery and inner transportation, accessary facilities, inter-regional harbors if North America and EC has connected easily. As have accerlated GATT and UR represented multilateralism and regionalism, it has regulated to increase trades of region due to relief of the trade barrier through specific areas has agreed with separately. The flow of regionalism of world economy has appeared to realize EC and NAFTA centered U.S.A, and also has presented to free trade region or one-size market agreement in Asia as APEC, EAEG in Malaysia, and etc. In defense to this block and internationalism of world economy, Pusan has to come forward to the hub of Northeast others has proposed a project to dominate the Northeast, Economy Association Agreement as Far East comprehensive development project in USSR, Hunchun development project in NK, and East Sea development project in PRC, Niigate regional development in Japan, Duman River development project in NK, and East Sea development project in Korea. As this exercise has proceed, Pusan also have arranged development strategy definitely and prepared provisions systematically. Engaging to participate center of delivery system is meant to be completed complex functions, namely the transfer storage processing & assembly function of international commodity. Pusan has ability to be terminal point of TSR. it had been connected to EC as the biggest economy block and TKR as complex transportation root to Far East, it would be the center of inground and seabase delivery terminal to Rotterdom as the biggest container pier and major piers to North-East and South East Asia. In order to provide a Role of 21 century's internationalization, Pusan has appealed to participate in management information research and development connected to Pohang-Ulsan-Changwon-Masan, and has utilized efficiently the resources such as man, material, money and information.

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A HS tariff classification service based on a knowledge convergence performance system supporting decision elements and field terms (결정요소 및 현장용어 지원 지식융합 수행 시스템 기반의 HS 관세분류 서비스에 관한 실증 연구)

  • Kim, Eunsoo;Song, ByungJun;Lee, Jong Yun
    • Journal of the Korea Convergence Society
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    • v.6 no.1
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    • pp.49-55
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    • 2015
  • In the FTA environment, it is necessary to comply with the rules of origin in order to receive duty-free benefits. To do this, they have to precede the Harmonized System(HS) tariff classification of the goods and understand thoroughly the basic principles that constitute the tariff schedule of HS classification. For the correct classification, they should understand exactly the product name of "Heading" about the items, "Legal Note" in the relevant "Section" or "Chapter" as well as provisions of the commentary. Therefore, this paper proposes to develop a HS classification services based on the performance system of knowledge convergence of field terms commonly used in various industries. In result, our services can provide users the conveniences which users first selects one of seven decision elements of the classification and perform the classification easily and accurately.

Linkage between FTA, Energy Consumption and GHG Emissions in Korea : A CGE Analysis (연산일반균형(CGE) 모형을 이용한 자유무역협정(FTA), 에너지소비, 온실가스 배출량 간의 연계성 분석)

  • Lim, Jaekyu
    • Environmental and Resource Economics Review
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    • v.21 no.4
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    • pp.777-807
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    • 2012
  • This study analyzed the impacts of FTAs (Free Trade Agreements) actively being promoted by the Korean government on the Korean economy, energy consumption and greenhouse gas (GHG) emissions and found the policy implications in terms of the linkage amongst them. The simulation analysis by using a global CGE model, KEEI-GCGE, found that the effectuation of Korea-USA, the Korea-EU and the Korea-China-Japan FTAs at the same time would increase the real gross domestic product (GDP) of Korea by 2.04%. In addition, the energy consumption and GHG emissions of Korea are estimated to increase by 3.33% and 1.53% respectively. These results imply that the various medium and long-term plans and policies related to energy and GHG emissions in Korea should systematically reflect those potential impacts of the FTAs.

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FTA, 앞으로 이렇게 진행된다

  • 유명희
    • Feed Journal
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    • v.3 no.5 s.21
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    • pp.66-72
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    • 2005
  • 대외경제 규모가 국내총생산(GDP)의 70$\%$를 차지하고 있는 우리나라는 명실상부한 통상 국가이다. 쉽게 말해 1만 5천 달러의 1인당 국민소득 중 1만 달러가 무역에서 나오고 국내에서 5천 달러만 생기는 것으로, 싫든 좋든 무역을 통해 먹고 살아야 할 운명을 가진 나라이다. 이렇듯 무역규모 12위의 통상국가인 우리나라는 오늘날 커다란 도전에 직면해 있다. 우리의 수출시장인 주요 교역국들이 자유무역협정(FTA: Free Trade Agreement)을 통해 그들끼리 관세를 철폐하며 더 높은 수준의 무역 자유화를 주고받는 배타적인 시장을 형성해 나가고 있기 때문이다. FTA는 이제 더 이상 선택이 아니라 세계 각국의 필수적인 통상정책이 되었다. 세계무역기구(WTO)에 따르면, 금년 1월로 162건의 FTA가 발효 중이고, 올 연말까지는 FTA 역내국간 무역이 세계무역의 50$\%$를 넘을 것으로 전망된다. 세계 제일의 경제대국인 미국도 예외는 아니어서 FTA 체결국과의 교역이 35.3$\%$를 차지하고 있다. 이에 반해, 우리나라는 지난해에서야 첫 번째 FTA인 한$\cdot$칠레 FTA를 천신만고 끝에 발효시켰을 따름이다.

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Tasks for Promoting the Horse Industry under FTAs (FTA와 말(馬)산업 육성과제)

  • Lee, Young Soo;Kwon, Soon Koog
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.57
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    • pp.173-198
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    • 2013
  • This study conducts the horse industry, which shows how country has implemented structural adjustment policies in order to cope with the economic shocks that an FTA brought about. Among the FTAs that Korea has made, Korea-EU and Korea-US FTAs have been regard to bring relatively big impact on korean agricultural sector. The horse industry is a very large and important part of our national and local economies. It is diverse, involving agriculture, business, sport, gaming, entertainment and recreation. The enactment of the 'Horse Industry Promotion Act' can be a turning point for the recovery of the livestock industry. The Act is meaningful in that it can be expand the horse industry as a driving force of rural growth and contribute to people's leisure life. In this context, this study aims to draw policy implications for the Korean government to promote the horse industry.

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A Research on Logistics System for Agro-Food (농식품 물류체계에 관한 연구)

  • Ha, Young-Sun
    • KOREAN JOURNAL OF PACKAGING SCIENCE & TECHNOLOGY
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    • v.13 no.1
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    • pp.29-32
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    • 2007
  • In a comparison the Logistics system for Agro-food of Korea and the Logistic system of Europe and Japan, the more developed countries of Europe have better systems. This well-formed rationalization of Logistics on Agro-food, and perfectly-equipped packaging system measurements for Agro-food make 100% pallet freight possible. Also, this means that a unit load system has been achieved. In Japan, the Logistic system is mainly accomplished by auction. However, it has been rapidly changing into the same type as the developed countries these days. Logistic system in Korea is also mainly accomplished by auction under the influence of Japan. However it also has been rapidly changing in to the same type as the developed countries these days. In the future, Korea has to build up international competitiveness in the face of FTA(Free Trade Agreement) era. This can happen by having better-organized Agro-food Logistics system and unit load system which results in accurate packaging system measurements.

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A Study on the Problem and Improvement of the Distribution System of Pharmaceuticals in Korea

  • Su, Shuai;Yun, Ye-Sol
    • The Journal of Industrial Distribution & Business
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    • v.3 no.1
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    • pp.25-29
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    • 2012
  • The purpose of this study is to examine the development of the pharmaceutical distribution industry. The pharmaceutical industry is are expected to suffer a heavy blow when the Free Trade Agreement (FTA) is introduced, despite its best efforts. Therefore, adequate solutions must be found. Section II introduces the Korean pharmaceutical distribution system and its current situation; Section III explores the distribution system's strengths and weaknesses. Section IV, identifies the problem and possible solutions for the Korean pharmaceutical distribution system; Section V summarizes and concludes this paper and acknowledges its limitations. Finally, this paper has a clear limitation. The lack of objective information and scientific analysis due to the data being based on interviews with company representatives is its most significant shortcoming. However, it offers implications for new directions for future research.

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The Protection Offered by "Umbrella Clauses" in Korean Investment Treaties

  • Mouawad, Caline;Dulac, Elodie
    • Journal of Arbitration Studies
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    • v.23 no.3
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    • pp.127-147
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    • 2013
  • Korea is, after China, the Asian country with the largest number of concluded investment treaties. One of the protections that Korean investment treaties frequently afford to foreign investors and their investment is the so-called "umbrella clause," which requires the host state of the investment to observe the commitments that it has undertaken toward the foreign investor or its investment. This is a potentially very powerful protection. Umbrella clauses, however, have proven to be amongst the most controversial provisions in investment treaties, giving rise to diverging interpretations by tribunals and commentators that are still not reconciled today.

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An Effect of Orange Import on Domestic Fruits and Vegetables Price in Korea (오렌지 수입이 국내산 과일 및 과채 가격에 미친 영향)

  • Cho, Jae-Hwan
    • Korean Journal of Organic Agriculture
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    • v.23 no.4
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    • pp.703-713
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    • 2015
  • A Linear Approximated Inverse Almost Ideal Demand System, suggested by Eales and Unnevehr, is estimated with monthly data set of Korean fruits consumption. LA/IAIDS consists of 6 demand equations which correspond to domestically produced Hanrabong, overwintering mandarin, strawberry, melon and tomato with imported orange. The results indicate that price and scale flexibilities are negative, as expected. And the significance is that a 10% increase in imported orange quantity is associated with 5.5% declines in the price of Korean Hanrabong while the price of other fruits is minimally affected. In addition, the estimate of scale flexibility of Hanrabong (-2.96) is much smaller than any other fruit. Hanrabong farmer might be in the face of deficit operation as a consequence of the substitution effect if orange would be imported in accordance with the Korea-U.S. free trade agreement.