• Title/Summary/Keyword: Goods Trade

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R&D Investment in Intermediate Goods Industry by Intellectual Property Rights Protection Policies and Policy Implications (지식재산권 보호정책에 의한 중간재 산업 R&D 투자 결정 모형 및 정책 함의)

  • Mee-Kyung Jung
    • Korea Trade Review
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    • v.46 no.4
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    • pp.205-217
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    • 2021
  • This paper examines the effects of intellectual property protection policies on upstream firms' R&D investments in order to derive policy implications in relation to the fostering of the intermediate goods industry. To that end, the dependence on import of intermediate goods and the degree of protection of intellectual property rights are introduced into the model to analyze the effects of R&D investments on the dependence on imports and the effects of intellectual property rights protection policies on the level of R&D investments in order and the social welfare effects are also checked. The policy implications derived in this paper, which used an oligopolistic market model with a vertical specialization structure, are as follows. As R&D investments expand, upstream firm begins to have price competitiveness, the dependence on import of intermediate goods by downstream firm decreases, and social welfare increases. That is, in order to strengthen the independence of the intermediate goods industry, R&D investments by upstream firm should be expanded, and to promote this, the government should strengthen the protection of intellectual property rights.

Responsibility allocation by awareness of parties on dangerous goods in maritime transport (국제해상운송에서 위험화물 인지에 따른 당사자의 책임 분배에 관한 연구)

  • Lee, Yang-Kee;Choi, Ji-Ho;Shin, Hak-Sung
    • International Commerce and Information Review
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    • v.16 no.4
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    • pp.125-150
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    • 2014
  • The number of dangerous goods are increasing in maritime transport. As a result, a number of nations and international organizations are establishing or amending the rules of dangerous goods. There is necessarily the transport of dangerous goods like fuel and the importance of the definition and scope of the goods is increased. In addition, the responsibility between the parties is different with the notification of the goods and its awareness of transporters. In particular, responsible clauses of the transport rule show antithetical concepts between the scope of immunity and the responsibility of a shipper concerned with wether transporters aware. This research performs two works. First, this research analyzes the definitions and scope of dangerous goods through prior research. Second, this research suggests the necessary of united interpretation of the articles through a comparative analysis on judical decisions concerned with awareness of transporters to dangerous goods. Dangerous goods have a distinctive feature and that is why responsibility and immunity between parties should be differently interpreted with general rules. Parties have duty concerned with faults on general goods and the scope of duty between parties can be specifically made. However, if there is no specific articles concerned with responsibility between parties to dangerous goods, they could confuse the responsibility on duties concerned with risk. Therefore, this research suggests solutions and necessary of the united criteria for the articles to dangerous goods through analyzing precedent cases.

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The Change of International Standards and Improvement of Management System for the Transport of Dangerous Goods by Air (항공위험물 운송에 관한 국제기준의 변화와 관리시스템의 개선방안)

  • Lee, Kang-Bin
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.24
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    • pp.73-104
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    • 2004
  • This paper intends to prevent dangerous goods shipments from compromising safety, and to minimize the risks to life and property inherent in air transport of dangerous goods. For this purpose, this paper reviews the changes of international standards for the international air transport of dangerous goods, and recommends the methods for improving the management system for the air transport of dangerous goods. As for the research methodology, this paper reviews the current regulations of the ICAO Technical Instructions for the Safe Transport of Dangerous Goods, IATA Dangerous Goods Regulations, and national regulations governing the air transport of dangerous goods in Korea. As the results of this paper, it is anticipated that the national regulations for shipping dangerous goods by air will be detailed, and compliance with the regulations will be enforced. In conclusion, ensuring the safe transport of dangerous goods by air is a shared responsibility of the government authorities, carriers and shippers.

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Impact of Foreign Direct Investment and International Trade on Economic Growth: Empirical Study in Vietnam

  • NGUYEN, Hieu Huu
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.3
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    • pp.323-331
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    • 2020
  • The study aims to assess the impact of foreign direct investment (FDI) and international trade (export and import) on Vietnam's economic growth for the 2000-2018 period. Secondary data is taken from the General Statistics Office of Vietnam. Ordinary least-square method is used in analyzing the impact of FDI, export and import on economic growth of Vietnam. Empirical test results show that FDI and international trade are related to Vietnam's economic growth. However, each economic variable has a different impact. FDI has a positive and statistically significant influence on economic growth of Vietnam. Export also has positive and statistically significant impact to the economic growth, while import has a negative but not statistically significant effect. The result is useful for the policy makers of Vietnam on foreign economic relations. In order to improve the effect of FDI and international trade on growth of the economy, the government of Vietnam should: (1) continue applying preferential policies to attract FDI; (2) select foreign investors aiming to quality, efficiency, high technology and environmental protection; (3) continue pursuing export-oriented policy; (4) enhance the added value of exported goods and control the type of imported goods; (5) further liberalize trade through signing and implementation of international trade commitments.

An Analysis on Trade Competitiveness between Korea and China (한.중간 무역경쟁력 분석 -섬유.전기전자.운송.기계산업을 중심으로-)

  • Lee, Sung-Ah;Shin, Kyung-Soo
    • International Commerce and Information Review
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    • v.8 no.4
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    • pp.45-69
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    • 2006
  • First, the trade competitiveness of the textile industries in South Korea has been weakening, whereas, the counterpart in China has been growing as the main export industries. Second, the trade competitiveness of the mechanics industries in South Korea has been increasing and appearing as the new promising strategic export industries. And, the counterpart in China also shows that it has been rising, while the country’s level of the imports specialization index has been weakening. Third, the trade competitiveness of the transportation industries in South Korea has been rising as the export-oriented and at the same time, privileged industries. And, China has also been rising as South Korea has been in the case, whereas, imports specialization index has been weakening. Fourth, the trade competitiveness of the electrical and electronic industries in South Korea has relatively been at the very high level, giving rise to the core export-privileged industries in the South Korea. And, China has been emerging as the new strategic export industries, as its industry structure has been shifted from the import- specialization and export-specialization industries. Fifth, it is indicated that the trade in the both South Korean and Chinese industries of fable materials, mechanics goods for computer & office, and goods for electric mechanics has been going favorable and brisk.

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REINSTATEMENT OF LONG-DISTANCE INTERNATIONAL TRADE AFTER THE ARAB CONQUEST: THE KHAZAR-ARAB PARTNERSHIP ON THE SILK ROAD IN THE 9-10th CENTURIES

  • ASADOV, FARDA
    • Acta Via Serica
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    • v.1 no.1
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    • pp.33-50
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    • 2016
  • The article studies the new situation in international long distance trade after the emergence of new superpower - Arab Caliphate - in Eurasian overland tracks of the Great Silk Road. The stages of Arab advancement along trade routes and outcomes of their contestation with the strong tribal confederations of Turkic nomads in Central Asia and the Caucasus are highlighted. A special focus is made upon the relationship of Arabs with Khazar Turks who have endured severe clashes with strongest army of the time in the region. Khazar kingdom survived and even expanded its control over the tracks of international trade in the western part of Eurasia. The research describes the way how trade partnership between Arabs and Turks was shaped in the aftermath of military clashes. Existing scholarly views on the role of Khazar in Silk Road are reviewed and unattended evidence of Arab sources are involved to support concluding points that Khazar state managed to consolidate various actors for maintenance of international trade such as so called Rus warriors and merchants in the west of Volga, nomadic tribes in Eurasian steppes, and Jewish trading gild named ar-rahdaniyya in Arab sources. It is asserted that Khazar state since the second half of 9th century through its decline in mid 10th century not only served as transit space for goods of exporting countries but also exported goods of its own crafts and natural resources.

THE SILK TRADE FROM ILKHANIDS TO AQQOYUNLU

  • MUSTAFAYEV, SHAHIN
    • Acta Via Serica
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    • v.1 no.1
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    • pp.119-135
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    • 2016
  • The initial phase of the Mongol invasion resulted in the establishment of relative political stability in the vast expanses of Eurasia, which came under the control of a single political entity - the Mongol realm. This contributed to a fairly rapid restoration of the commercial links and trade routes between the East and the West. During this period, Chinese silk again became available in large quantities in the Western markets. At the same time, the beginning of silk production and manufacturing of silk fabrics in Italy and the fashion flash for these goods in Western countries affected trade between Europe and the Muslim world. The centers of silk production in the Ilkhanid Empire were some provinces of Azerbaijan and Persia, where from it was exported in large numbers along the trade routes of Anatolia and Syria to the Mediterranean ports and further to the west. There are numerous testimonies of European travelers, and Muslim authors related the international silk trade in 13th-15th centuries, ie in the era from the Mongol Ilkhanid Empire till the reign of the Turkman Aqqoyunlu dynasty. One of the most informative documentary sources on this issue are the legislative codes (kanuname) of sultan Uzun Hasan from the Aqqoyunlu dynasty regarding the eastern provinces of the Asia Minor. This article presents and analyzes the information from these documents concerning the whole range of goods related to silk and silk fabrics trade in the period under the consideration.

Throughput Prediction of Pohang Port using Time Series Data: Application of SARIMA, Prophet and Neural Prophet (시계열 데이터를 활용한 포항항 물동량 예측: SARIMA, Prophet, Neural Prophet의 적용)

  • Jin-Ho Oh;Jeong-Won Choi;Tae-Hyun Kang;Young-Joon Seo;Dong-Wook Kwak
    • Korea Trade Review
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    • v.47 no.6
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    • pp.291-305
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    • 2022
  • In this study, the volume of Pohang Port was predicted. All cargo of Pohang port, iron ore, steel, and bituminous coals were selected as prediction targets. SARIMA, Prophet, and Neural Prophet were used as analysis methods. The predictive power of each model was verified, and a predictive model with high performance was used to predict the volume of goods in Pohang port. As a result of the analysis, it was found that Neural Prophet showed the highest performance in all predictive power. As a result of predicting the future volume of goods until August 2027 using Neural Prophet, it was found that the volume of all items in Pohang port was decreasing. In particular, it was analyzed that the decline in steel cargo was steep. In order to increase the volume of cargo at Pohang port, it is necessary to diversify the cargo handled at Pohang port and check the policy of increasing the volume of cargo.

Study on the Trade Potentiality of Agricultural Products to South-east Asian Countries (동남아 제국과의 농산물 교역에 관한 연구)

  • Young-Kun Shim
    • KOREAN JOURNAL OF CROP SCIENCE
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    • v.11
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    • pp.133-142
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    • 1972
  • 1. The purpose of this study is to present effective way of increasing agricultural trade through investigating agricultural trade aspects of the south-east asian countries. 2. As the main industry of all the countries except Japan is agriculture, agricultural products occupies large part of products exported in these countries. However, due to the low level of technology and shorts of products to be exported, the traded amount of agricultural products is not so much. 3. In view of industralization, these countries are similiar to Korea. Therefore, Korea can hardly expect to increase trade amount only with the traditional agricultural products, for these countries emphasis on the import of capital goods. 4. The climate and the level of production technology of these countries differ greatly respectively. In order to increase exports, Korea has to develop strategic goods considering the facts mentioned above.

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A Study on the Customs Classification Fallacy of certain ITA Goods (정보기술협정(ITA) 물품 품목분류 오류 사례 연구)

  • Park, Min-Gyu
    • Korea Trade Review
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    • v.44 no.2
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    • pp.189-202
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    • 2019
  • The Harmonized System comprises about 5,000 commodity groups; each identified by a six digit code, arranged in a legal and logical structure and is supported by well-defined rules to achieve uniform classification. This study reviews the appropriateness of Korea Customs Service and Tax Tribunal's customs classification decisions concerning the interpretation and application of the Harmonized System for certain ITA goods. Korea Customs Service had classified arbitrary and had not applied in dubio pro reo principle. This paper finds that 57% of Korea Customs Service's classification decisions have erred. Korea government need to take measures to secure uniform interpretation of the HS and its periodic updating in light of developments in technology and changes in trade patterns. This paper suggest to amend customs law and regulation concerning classification committee.