• Title/Summary/Keyword: International Competitiveness Index

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An Analysis on the Korea Market Competitiveness of Japan Materials Industry -Focus on the Compound and Chemical Products- (일본 소재산업의 대 한국시장 경쟁력 분석 -화합물 및 화학제품을 중심으로-)

  • Kim, Ji-Yong
    • International Commerce and Information Review
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    • v.16 no.4
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    • pp.439-455
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    • 2014
  • Korea-Japan trade has been trade deficit for a long time and therefore this matter must be a settled urgently for continuous economic growth of Korea. For reasons mentioned above, this study pays attention to Japan materials industry which has induced trade deficit in the Korea-Japan trade and this study analyzed competitiveness of Japan materials industry in the Korea market. This study special regard will be paid to the Compound and Chemical Products in Japan materials industry. For attaining the purpose of study, we collected related statistical data and Market Share Index, Trade Specialization Index and Market Comparative Advantage Index used in study methodology From this analysis, we found that most of Japan material products have competitiveness in Korea market and chemical products used in photography & photo sensitized materials, paint & printing ink products particularly have very strong competitiveness in Korea Market.

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A Study on the Trade Structures and International Competitiveness of the Korean Environmental Industry (우리나라 환경산업의 무역구조와 국제경쟁력에 관한 연구)

  • Park, Bok-Jae;Moon, Young-Soo
    • International Commerce and Information Review
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    • v.15 no.2
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    • pp.345-364
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    • 2013
  • This paper analyzed the Trade Structure of environmental industry in Korea and some major countries in preparation for The Doha Development Agenda (DDA) Trade Liberalization Negotiation in the environmental goods. Based on 161 environmental goods list proposed by OECD, this paper examined the Trade Returns of worldwide environmental goods during the past 10 years from 2002 to 2011. The analysis showed that Korean environmental goods' International Market Share(IMS) in the world was 3.2%; trade specialization index(TSI) -0.128; Revealed Comparative Advantage(RCA) 1.002 in 2011. And Korea Export Similarity Index(ESI) to Japan was the highest rank in the world market. According to the results of investigation, it is clear that International Competitiveness of the Korean Environmental Industry was received a relatively poor evaluation compared with Korean trade scale. To strengthen the competitiveness, it is required that Korean government should make an effort to boost domestic environmental industry and promote systematically Trade Liberalization Negotiation including the enforcement of transient period for Korean environmental goods in the next DDA Negotiation.

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A Study on the relationship between Koera-US FTA and Export Competitiveness in Gyeonggi Province (한.미 FTA 체결과 경기도의 수출경쟁력에 관한 연구)

  • Lee, Jae-Hwa;Song, Jeong-Seok
    • International Commerce and Information Review
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    • v.10 no.4
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    • pp.221-250
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    • 2008
  • This study investigated and analyzed the export competitiveness of Gyeonggi-Do and the effect of Korea-US FTA on its export competitiveness. By reviewing the current status of trade structure and implementing trade specialization index(TSI) of export commodities of Gyeonggi-Do, the investigation has listed the specific export commodities with competitiveness for increasing the volume of its export in the United States, in the short, mid and long run perspectives. From the findings in this study, it suggests specific trade and commercial policies to Korea-US FTA including implementing commodity-oriented export supporting system, strategic marketing method, economic-free-zone plan, R&D investment, export financing and regional economic cooperation.

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An Empirical Study on the International Competitiveness of Insurance Industry in the OECD Countries (OECD회원국(會員國) 보험산업(保險産業) 국제경쟁력(國際競爭力) 결정요인(決定要因)에 관한 실증연구(實證硏究))

  • Lee Ki-Hwan
    • Management & Information Systems Review
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    • v.3
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    • pp.77-97
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    • 1999
  • The purpose of this paper is to measure the international competitiveness of insurance business and to analyze its determinants empirically. I have attempted to use Revealed Comparative Advantage(RCA) index to measure domestic competitiveness. confining to OECD countries only. Among domestic competitiveness advantage countries in the insurance, there are Austria, Denmark, France. Japan, Korea... etc. The factors of domestic competitiveness determinants were found out through multivariate regression analysis with panel data$(1990{\sim}1995)$. In insurance industry, statistically significant variables are employee's per capita premium of insurance company (Pro), stock market capitalization/GDP(MVESR), saving rate (SAV) and real interest(RMMR), while they are Pro, MVESR, and real interest in Korea insurance industry.

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A Analysis of Vietnam's Trade Competitiveness with Korea by Technology Level(2002-2020) (기술수준별 베트남의 대 한국 무역경쟁력 분석(2002-2020))

  • Hoang Thi Thao Huyen;Jin-Ho Noh;Choong-Bae Lee
    • Korea Trade Review
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    • v.47 no.6
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    • pp.247-267
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    • 2022
  • Since the Korea-Vietnam FTA was signed in 2015, trade between the two countries has increased rapidly, accounting for 6.8% of Vietnam's exports and 17.9% of its imports in 2020. The two countries show differences in import and export items. Vietnam has a high export ratio of agri-food products or products with the low-middle level of technology, while Korea has a high export ratio of products with the upper-middle level. The purpose of this study is to present implications by analyzing changes in trade competitiveness between Vietnam and Korea by technology level (2002-2020). For this purpose, statistics from UN Comtrade were used, and methodologies such as market share, Export Market Share (EMS), Trade Specialization Index (TSI), Intra-Industrial Trade Index (IIT), Revealed Comparative Advantage (RCA), and BCG Matrix were used. The results of the study are as follows. First, when looking at Vietnam's trade structure with South Korea by technology level, it was analyzed that the trade deficit widened as it showed a competitive disadvantage in high-tech, ICT, middle- and low-level technology items, excluding low-end technology items. Second, in terms of market share, the market share of Vietnamese products in the Korean market is continuously increasing, while the Korean market share in Vietnam is gradually decreasing from 2017. Third, Vietnam's export competitiveness to Korea by technology level shows that low-level technologies are competitive, but they are inferior in competitiveness in all other technology level, and especially in areas with high technology level, the level of inferiority is high. In conclusion, the trade relationship between Vietnam and Korea has maintained a mutually complementary rather than competitive relationship, which is expected to continue in the future.

A Comparative Study of Fishery Industry Competitiveness in China's Coastal Provinces

  • Li, Chun-Jie;Kim, Hyung-Ho;Yang, Jun-Won
    • International journal of advanced smart convergence
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    • v.10 no.2
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    • pp.158-167
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    • 2021
  • Fishery industry is an important part of agricultural industry in coastal countries. The purpose of this study is to use the theory of industrial competitiveness for reference, use Analytic Hierarchy Process (AHP) and Delphi method to establish the evaluation index system, and analyze the fishery industry competitiveness of 11 coastal provinces in China. This study data came from China Fishery Statistical Yearbook 2020. The results show that Shandong Province is the most competitive province in fishery industry among the coastal provinces. The inter-provincial differences are great. Not only the resource endowment is the factor that affects the fishery industry competitiveness, but also the long-term profitability is too. The proportion of recreational fishery in the fishery economic output value has become one of the main indicators to measure the competitiveness of the fishery industry. The findings of this study suggest that all regions should adopt measures in accordance with local conditions, promote the integrated development of the fishery industry, enhance the added value of fishery products and enhance the competitiveness of fishery industry. The disadvantage of this study is that the fishery industry competitiveness of China's coastal provinces is only compared and analyzed. The future direction is to carry out a comparative study on the international competitiveness of fishery with other east Asian countries.

An Analysis on the Competitiveness of Japanese Steel Products in Korea: Focus on the Structural Changes of Supply and Demand in Korea Steel Industry

  • Lee, Seoung-Taek
    • Journal of Korea Trade
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    • v.25 no.4
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    • pp.1-16
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    • 2021
  • Purpose - This study reviews changes in the steel export-import structure between Korea and Japan to strengthen the competitive advantage of the Korea Steel industry using a trade-related index. Design/methodology - This study focuses on analyzing comparative advantage based on the trade intensity index (TII), revealed comparative advantage index (RCA), and trade specialization index (TSI). Findings - Korea's steel import from Japan increased due to the domestic supply shortage of HR (Hot Rolled Coil) and Plate, rather than the sharp decline of the domestic steel industry's competitiveness in 2010. However, after the completion of Hyundai Steel's blast furnace, the Korea Steel industry solved the supply shortage. Additionally, the import of Japanese steel products had decreased significantly from 2009 to 2019. Originality/value - This study attempts to analyze Japanese steel products' competitiveness in trade and the domestic influence of high-quality Japanese steel products. These results are connected to domestic steel supply and demand structure and relations with the Japanese steel industry. After completing Hyundai Steel's blast furnace, the Korea Steel industry solved the supply shortage, and the import of Japanese steel products has decreased significantly from 2009 to 2019.

A study on a development of index for a sustainable reputation in services public enterprise (서비스 공기업의 지속가능한 명성지수 개발에 관한 연구)

  • Lee, Won-Sik;Cha, Gun-Ho
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.13 no.2
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    • pp.35-47
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    • 2005
  • Recently, all organizations are experiencing a newly changed standard for their competitiveness. One of the elements in the standard is the sustainable reputation or responsibility. Thus excellent corporations have reinforced not only economic prosperity but also environmental and social responsibilities, which results in the appearance of sustainable reputation or responsibility management. At this point, this paper have nominated assessment factors which will contribute to the sustainable reputation competitiveness in Incheon International Airport Corporation.

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Classification of Environmental Industry and Technology Competitiveness Evaluation (환경산업기술 분류체계 및 기술 경쟁력 평가)

  • Han, Daegun;Bae, Young Hye;Kim, Tae-Yong;Jung, Jaewon;Lee, Choongke;Kim, Hung Soo
    • Journal of Wetlands Research
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    • v.22 no.4
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    • pp.245-256
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    • 2020
  • The purpose of this study is to evaluate the technological competitiveness of the environmental industry with developed countries in order to establish an international market expansion strategy of the Korean environmental industry and technology. In order to evaluate the competitiveness of the environmental industry and technology, core technologies were classified by the environmental industry sectors based on the classification system of the domestic and international environmental industry and technology. After developing the evaluation index data, the Delphi analysis, journal and patent analysis, as well as the export and import analysis were carried out and the standardization analysis was performed on the index data. Moreover, the weights of each evaluation index were calculated using the AHP(Analytic Hierarchy Process) method and the evaluation results of competitiveness of the environmental industry and technology in Korea, the United States, the United Kingdom, Germany, and France were derived. As a result of the evaluation, the United States was rated with the highest technological competitiveness in all the environmental industry sectors, while Korea got the lowest technological competitiveness rating compared to the 4 developed countries. In particular, Korea got the lowest level of technological competitiveness in the sector of multi-media environmental management and development for a sustainable social system. Therefore, in order for the Korean environmental industry and technology to enter the global advanced market, it is necessary to strengthen the competitiveness through the development of the fourth environmental industry based on IoT(Internet of Things), cloud, big data, mobile, and AI(Artificial Intelligence), which are currently the country's domestic strengths.

A Study on the Exporting Outcomes of Korean Materials Industry in the U.S.A. Market (한국 소재산업의 미국시장 수출성과에 관한 연구)

  • Kim, Ji-Yong
    • International Commerce and Information Review
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    • v.10 no.1
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    • pp.175-191
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    • 2008
  • Materials Industry has a very large ripple effect on national economic development. Nevertheless, Korea has been passing over importance of this Industry. So, this study examined competitiveness on ten chief exporting items to U.S.A market based on the understanding of vital role of materials industry in the national economy. Analyzing methods were Market Share, Trade Specialization Index(TSI), and Market Comparative Advantage(MCA) and the data were collected through parts and materials statistical data which produced by Korean Commerce and Industry Minister. From this study, following results were found. i) Highly ranked items of U.S.A market share were chemical fiber drapery weaving, synthetic fiber. These items commanded over 10% share of the same market and tire, steel wire occupied 9.05%, 8.65% respectively. ii) In searching trade balance aspects through TSI, tire and steel wire secured very powerful competitiveness among examined items in trading with U.S.A. while synthetic resins and other plastic material were very weak competitiveness in the same market. iii) Analysis results of market competitiveness by MCA, indicated that chemical fiber drapery weaving, synthetic fiber and tire ensured high-powered competitiveness in U.S.A Market. Therefore, these items would be positioned as main items in the market.

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