• Title/Summary/Keyword: Import Coefficient

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Estimating the Impacts of Air Transportation Industry on National Economy (항공운송산업의 국민경제 파급효과 분석)

  • Bae, Ki-Hyung
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.14 no.3
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    • pp.30-39
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    • 2006
  • The purpose of this study is to analyze how much Air Transportation Industry contribute to national economy by measuring economic spreading effects of Air Transportation Industry on national economy. To achieve the purpose of the study, the study uses an Air Transportation Input-Output Table of year 2000 of korea. The results shows that Air Transportation Industry induce 274,530.8 billion won of national production, import inducement 13,7073.7 billion won, value-added 110,994.9 billion won, especially Air Transportation Industry shows that production inducement coefficient is 1.36803, import inducement coefficient is 0.60581, value-added coefficient is 0.45189, income inducement coefficient is 0.18599 and employment inducement coefficient is 0.00841.

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A Study on the Effect of Export on Induction of Import (수출이 수입유발에 미치는 효과에 관한 연구)

  • Son, Yong-Jung
    • International Commerce and Information Review
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    • v.9 no.4
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    • pp.127-139
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    • 2007
  • There are three methods to examine import structures : 1) look at import coefficient, 2) import dependency, and 3) composition ratio of imported products. Therefore, this study analyses the import structure of Korea using the three methods above and when final demand occurs on produced goods and services in each industrial section, it divides import induction coefficients that indicate size of induced import directly and indirectly into consumption, investment and export to identify the effect of export on import induction.

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Are Trades Related to Technology? Evidences From The Baltic States: Estonia, Latvia and Lithuania

  • MUCHDIE, Muchdie;NARMADITYA, Bagus Shandy
    • The Journal of Asian Finance, Economics and Business
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    • v.6 no.2
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    • pp.83-93
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    • 2019
  • This paper provides empirical evidences from the Baltic States on the relationship between technology and trades. In this study, regression and correlation analysis were employed an attempt to reveal the relationship between technology index and net-export coefficient, as well as the relationship between technology index and import coefficient. In this research, technology level was measured by technology index, while trades included of domestic and foreign trades; export and import. The data used for this study were collected from world input-output databases of Estonia, Latvia and Lithuania for the period 2000, 2005, 2010, and 2014. The findings remarked that the relationship between technology and domestic trade was positive and statistically significant. The result of the study implies that the higher was the technology index leads to the higher domestic transaction. Furthermore, relationship between technology and net-export was unpredictable. In year 2000, data from Estonia and Latvia showed that the relationship between variables was negative and in other years of the study, the relationship was positive. However, the relationship between variables was not statistically significant. Lastly, the relationship between technology and import was negative and statistically significant. It implies that the higher was technology index, will have a consequence the smaller was import.

Development of the Roundwood Import Prediction Model

  • Kim, Dong-Jun
    • Journal of Korean Society of Forest Science
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    • v.96 no.2
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    • pp.222-226
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    • 2007
  • This study developed the Korean roundwood import prediction model using vector autoregressive (VAR) method. The roundwood was divided into softwood and hardwood by species. The VAR model of roundwood import was specified with two lagged endogenous variables, that is, roundwood import volume and roundwood import price. The results showed that the significance levels of F-statistics in the softwood and hardwood roundwood import equations rejected the hypothesis that all coefficients are zero. So, we concluded that roundwood import volume can be explained by lagged import volume and lagged import price in Korea. The coefficient signs of all variables were as expected. Also, the model has good explanatory power, and there is no autocorrelation.

Synchronization Phenomenon of Imports & Exports Trade Volume, Imports & Exports Amount, Trade Balance of ICT (ICT 산업의 수출입 물동량과 수출입액, 무역수지의 동조화현상)

  • Choi, Jeong-Il
    • Journal of Convergence for Information Technology
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    • v.10 no.5
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    • pp.92-100
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    • 2020
  • The purpose of this study is to analyze the relationship between export weight, import weight, export amount, import amount, and trade balance of ICT industry. The data used were gathered from the Korea Customs Service trade statistics. The analysis period used annual data for 19 years from 2000 to 2018. The change rate analysis was shown in order of trade balance, export amount, import amount, import weight and export weight. The increase rate analysis showed that the trade balance was the highest at 919%.. In the correlation analysis, the trade balance and export amount were 0.95, showing the highest correlation coefficient. As a result of the regression analysis, the export amount for the trade balance, the dependent variable, was Coefficient 2.37, which was positive(+). Each variable is changing independently of one another. Since 2000, the trade balance of the Korean ICT industry has led 84% of Korea's total trade balance. In the future, Korea's ICT industry should be further developed for Korea's economic development, and exports should be further increased to increase the trade balance. In the next paper, we will try to find a field that can be specifically developed by subdividing the ICT industry.

Research on Embodied Carbon Emission in Sino-Korea Trade based on MRIO Model

  • Song, Jie;Kim, Yeong-Gil
    • Journal of Korea Trade
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    • v.25 no.2
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    • pp.58-74
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    • 2021
  • Purpose - This paper research on the embodied carbon emission in Sino-Korea trade. It calculates and analyzes the carbon emission coefficient and specific carbon emissions in Sino-Korea trade from 2005 to 2014. Design/methodology - This paper conducted an empirical analysis for embodied carbon emission in Sino-Korea trade during the years 2005-2014, using a multi-region input-output model. First, direct and complete CO2 emission coefficient of the two countries were calculated and compared. On this basis, combined with the world input-output table, the annual import and export volume and sector volume of embodied carbon emission are determined. Then through the comparative analysis of the empirical results, the reasons for the carbon imbalance in Sino-Korea trade are clarified, and the corresponding suggestions are put forward according to the environmental protection policies being implemented by the two countries. Findings - The results show that South Korea is in the state of net trade export and net embodied carbon import. The carbon emission coefficient of most sectors in South Korea is lower than that of China. However, the reduction of carbon emission coefficient in China is significantly faster than that in South Korea in this decade. The change of Korea's complete CO2 emission coefficient shows that policy factors have a great impact on environmental protection. The proportion of intra industry trade between China and South Korea is relatively large and concentrated in mechanical and electrical products, chemical products, etc. These sectors generally have large carbon emissions, which need to be noticed by both countries. Originality/value - To the best knowledge of the authors, this study is the first attempt to research the embodied carbon emission of ten consecutive years in Sino-Korea Trade. In addition, In this paper, some mathematical methods are used to overcome the error problem caused by different statistical caliber in different databases. Finally, the accurate measurement of carbon level in bilateral trade will provide some reference for trade development and environmental protection.

The Effect of the Food Service Industry up on the National Economy of Korea (산업연관분석을 적용한 국내 외식산업의 경제적 파급효과 분석)

  • 천희숙;한경수
    • Korean Journal of Community Nutrition
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    • v.8 no.5
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    • pp.763-769
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    • 2003
  • The food-service industry in Korea has experienced remarkable growth during the past few decades. The objectives of this study were to analyze the influence of the food-service industry upon the national economy by using an input-output analysis and to find the industrial position of the food service industry. This paper analysed the economic effect of the food-service industry using 168 items arranged in a transaction table based on producer's prices in the 1995 input-output tables. The results of this study showed that the food-service industry had a major influence on the national economy of Korea. Based on the calculation of the following five coefficients; Korea's production inducement coefficient ranked as 50, its import inducement coefficient ranked as 28, its value added inducement coefficient ranked as 32, its worker inducement coefficient ranked as 2 and its employee inducement coefficient per final demand ranked as 5 in a total of 168 industries.

Trends of Import and Export by Each Continent in Korea and Plans to Increase Exports (한국의 각 대륙별 수출입 동향과 수출 증대방안)

  • Choi, Soo-Ho
    • The Journal of the Korea Contents Association
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    • v.18 no.11
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    • pp.285-297
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    • 2018
  • The purpose of this study is to examine the trends of import and export of Korea by each continent and to find ways to increase export to Korea in the future. Each continent selected Asia, Europe, North America, Central and South America, and the Middle East. The analysis period was 220 months from January 2000 to April 2018, and data were collected from the KCS. Regression analysis showed that the coefficient was higher in Asia, Europe, North America, Middle East and Latin America. The markets of each continent moved independently of each other and were statistically significant at t statistic and p-value(${\leq}0.01$). As a result of this study, Asia and North America have been major export markets in Korea. Europe, the Middle East and Central and South America are emerging as new markets in Korea. In order to increase Korea's exports in the future, there is a need for continued interest in Asian markets including China & Southeast Asia.

Input-output Analysis for Pulp, Paper and Paper Product Industries (펄프, 종이 및 종이제품의 국민경제 기여도 분석)

  • Kim, Chul-Hwan;Moon, Ji-Min;Kim, Eui-Gyeong;Ahn, Byeong-Il
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.42 no.4
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    • pp.45-55
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    • 2010
  • In order to investigate the structures and growth patterns of pulp and paper industries of Korea, the input-output tables of the year 1995, 2000, 2005 and 2007 were analyzed in this papers. The production inducement coefficients of these industries have grown during the designated period. In 2007, the value of production induced by pulp industry was estimated to be 343,8 billion won. Paper and paper product industries were estimated to induce the production of other industries by 7,281,6 and 8,515.9 billion won, respectively. The import inducement effect of pulp industry was estimated to be larger than that of paper and paper product industries. Analysis on the forward linkage effects indicated that paper and paper product industries were more sensitive to the change in demand of other industries than pulp industry.

Estimation of Demand Functions for Imported Fisheries Products Using Cointegration Analysis: Effect Analysis of Tariff Reduction (공적분 분석을 이용한 우리나라 수입수산물의 수요함수 추정 : 관세감축영향분석)

  • Nam, Jong-Oh;Kim, Soo-Jin
    • Ocean and Polar Research
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    • v.32 no.1
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    • pp.23-40
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    • 2010
  • This study investigated the effects of imported fisheries products on WTO/DDA tariff negotiations. To calculate the results, the study estimated the demand functions of imported fisheries products by using unit root and cointegration approaches. These approaches allowed us to solve spurious regression problems with macro-economic variables. In addition, this study surmised the effects of change by individually imported fish products from a tariff negotiation model using price elasticities of estimated import demand function. In a process of the analysis for estimating import effects, this study found out that 39 out of 128 imported fish products had positive (+) price elasticities or did not exhibit cointegrations. To cure this problem, this study suggested that the effects of these 39 imported products be estimated with the average variation rate of import volume, rather than by the Ordinary Least Squares approach. In this study, a case-study of tariff formula with coefficient 8 based on a 'Swiss formula' for priority duty rate of 2001 and 2008 was used by to analyze the effect of change in the 128 imported fish products of both years, respectively.