• Title/Summary/Keyword: International trade policy

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Determinants of Corporate Anti-Corruption Practice Disclosure: Evidence from Chinese Firms

  • Yin, Hong;Zhang, Ruonan
    • The Journal of Industrial Distribution & Business
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    • v.10 no.3
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    • pp.7-16
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    • 2019
  • Purpose - The purpose of this paper is to investigate the determinants of corporate anti-corruption practice disclosure (ACPD) from the perspective of rent-seeking theory. Research design, data, and methodology - Data are hand-collected from corporate social responsibility reports (CSRR) issued by 724 A-share listed firms in China. This paper provides an empirical analysis of the relationship between ownership structure and corporate ACPD as well as its moderating role in the institutional environment. Results - Our findings indicate that rent-seeking is a key factor in influencing corporate ACPD. State-owned enterprises disclose significantly more anti-corruption information than private ones in order to achieve personal promotion of top executives. Monopoly enterprises reported significantly less anti-corruption information than enterprises in competitive industries due to their rent-seeking behavior. The reduction of government intervention and improvement of legal environment are helpful to curb corporate rent-seeking activities and enhance the level of corporate ACPD. Conclusions - Rent-seeking is an important factor in explaining corporate voluntary disclosure in emerging countries. Institutional environment also plays a moderating role in the relationship between ownership structure and corporate voluntary disclosure. Our results are of interest to policy makers, regulators and market participants that are interested in corporate voluntary disclosure and corruption prevention.

SHANGHAI URBAN GENERAL LAYOUT AND TRAFFIC SYSTEM (론상해기유철로추뉴재성시쾌속유궤교통 로망중적지위화작용)

  • CHANG SHAO LIANG
    • Proceedings of the KOR-KST Conference
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    • 1995.05a
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    • pp.51-59
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    • 1995
  • It is an objective of Shanghai urban development to quickly build Shanghai into one of the international centres of economy, finance and trade. To fulfil the objective, a rational urban general layout and a satisfactory traffic network are needed. As a metropolis with complete urban functions and specified geographical position, Shanghai must develop a perfect citytown system that best suits its composite urban distribution. In planning the central city, the principle of "open and multi-centred" and "optimization of land use" should be taken into consideration. To build a satisfactory urban traffic network, emphasis should be laid upon the construction of deefwater wharf, air-field and inforation centre. In addition, determination should be made to build a high-speed traffic means including high speed railroad and express highway so that a public traffic network is realised on and above ground, and underground. A solution of traffic preblem in Shanghai lies in good understanding of traffic policy and strenthening of strategic management combined with a rational layout of traffic circulation.

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Reliability Assessment Methods for Electronic Component Removed Environmental Materials - focused on Printed Wiring Board without Pb and Br - (환경물질을 제외한 전자부품의 신뢰성평가 방법 연구 -Pb와 Br을 제거한 PWB를 중심으로-)

  • Lee Jong-Beom;Cho Jai-Rip
    • Journal of Applied Reliability
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    • v.5 no.2
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    • pp.241-259
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    • 2005
  • The environmental problem is a main subject of the 21C and an environment destruction phenomenon by various kinds of environmental materials is reaching serious level. Nations to be classified as the environmental developed country, are born again environmental rich country. And they earn a large income by trade Every kind environmental resource in an international commercial transaction. Especially, the study that a reliability assessment method to prevent to reliability problem to be happened when the solder lead(lead-free solder), non-cd component, non-bromide component(without the polybrominated biphenyls(PBB) and polybrominated diphenyl ethers(PBDE))and hexavalent chromium(Cr VI) clearance component and mercury-free applied to electronic equipment is progressed. As the result of the study for applying of a reliability assessment technique of lead-free solder that recognized the most of urgent problem at the company, combination accelerated life test could taken by adding and appling the part of a humidity acceleration part to Eyring Model which is proposed by R.E.Thomas. The reliability assessment methods study of PWB clean environmental materials is expected to respond to a reliability elevation and environmental material regulation policy spreading all over the world by beginning form Europe.

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A study on the exportation of the e-clearance system of Korea Customs Service to overseas aiming to lead the global trend of Customs informatization (정보화시대 글로벌 리더로의 도약을 위한 관세청 전자통관시스템 해외수출 전략에 대한 연구)

  • Seo, Jae-Yong;Jo, Jeong-Hun
    • 한국디지털정책학회:학술대회논문집
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    • 2006.06a
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    • pp.45-53
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    • 2006
  • Ever since the computer came into being in early 20th century, rapid development of the information technology has led to the opening of the ubiquitous age where daily works can be done anywhere, anytime, and with any devices. The information technology has drawn attention from Customs around the world as a key means to fulfill multi-faced responsibilities of strengthening regional cooperation in the international trade, simplifying clearance procedures, expediting logistics flow, and ensuring security in the global supply chain. Korea Customs Service, which began the informatization effort by establishing the electronic export declaration system in 1992, completed the 100% electronic clearance system in 2000, with a number of countries now conducting benchmarking studies on the successful use of IT by KCS. This paper is to address the changes brought to the Customs administration in the information age, the progress and achievement of the Customs informatization as a proactive strategy to deal with the changing environment, and the exportation to overseas administration of the e-clearance system of KCS which strives to become the global leader of Customs informatization. The exportation. in particular, will not only lead to increased foreign currency earnings and shared know how, but also create an opportunity to reflect Korea's system in the standardization of Customs procedures around the world.

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Current Situation and Policies of Shipping Industry in Vietnam

  • Van Le, Thanh;Kim, Sung-June;Jeong, Jung-Sik
    • Journal of Navigation and Port Research
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    • v.39 no.2
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    • pp.131-140
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    • 2015
  • The main aim of this paper, via the method of statistical data analysis, is to analyze the current situation of the shipping industry and policies of the shipping industry in Vietnam. Section 1 gives some key information about the current situation of the shipping industry in Vietnam such as: shipping companies and their fleets, seafarers and ports. In view of the many restrictions faced by the Vietnamese shipping industry, section 2 is used to disclose the policies issued by the Vietnamese government in order to help the domestic maritime industry develop further in the near future, and the outcomes of implementing these policies. Besides the fact that some of the measures were feasible and reasonable, some others were not as effective as they were supposed to be, or in fact the initial forecast of their effectiveness was far-fetched. In the last section, after analyzing reasons for the failures, the author proposes that focusing on coastal transportation routes, fleet and port restructuring and skilled labour training were truly necessary to the development of the industry in the immediate period. Furthermore, this paper is also expected to provide a basic foundation for further research by the authors about 'the strategical approach for the development of shipping industry in developing countries: a case of Vietnam' in the near future.

The Effect of Artificial Intelligence on Economic Growth: Evidence from Cross-Province Panel Data

  • HE, Yugang
    • Korean Journal of Artificial Intelligence
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    • v.7 no.2
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    • pp.9-12
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    • 2019
  • With the Chinese government's attention to the artificial intelligence industry, the Chinese government has invested a lot in it recently. Of course, the importance of artificial intelligence industry for China's economic development is increasingly significant. The advent of artificial intelligence boom has also triggered a large number of scientists to analyze the impact of artificial intelligence on economic growth. Therefore, this paper use 31 China's cross-province panel data to study the effect of artificial intelligence on economic growth. Via empirical analyses under a series of econometric methods such as the province and year fixed effect model, the empirical result shows that artificial intelligence has a positive and significant effect on economic growth. Namely, the artificial intelligence is a new engine for economic growth. Meanwhile, the empirical results also indicate that the investment and consumption has a significant and positive effect on economic growth. Oppositely, the inflation and government purchase have a significant negative effect on economic growth. These findings in this paper also provide some important evidences for policy-makers to perform precise behaviors so as to promote the economic growth. Moreover, these finding enriches existing literature on artificial intelligence and economic growth.

The Impact of Credit on Income Inequality in Vietnam

  • LE, Quoc Hoi;NGUYEN, Bich Ngoc
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.5
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    • pp.111-118
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    • 2020
  • This paper examines the impacts of credit on income inequality in Vietnam. Though it is one of the most common measures of financial development, there is a dearth of research in this area. Unlike previous studies, the paper disaggregates the impact of each type of credit on income inequality, looking at the Gini coefficient. We employ the Generalized Method of Moment (GMM) to solve the endogenous problem. The primary data set contains a panel of 60 Provincial observations, from data collected from the General Statistics Office of Vietnam from 2002 to 2016. The empirical findings show that, while commercial credit increases income inequality, policy credit contributes to reducing income inequality in Vietnam. The results also confirm the important roles of education, institutional quality and foreign direct investment in fighting against income inequality in Vietnam. However, the paper does not provide adequate evidence to support the inverted U-shaped relationship between credit and income inequality. Based on the findings, we argue that the government should direct flows of credit to real economic activities rather than speculative investment; more bank credit should be allocated to rural areas and agriculture; and favorable credit programs should be designed to promote education, especially of those living in rural areas.

An Exploratory Study on Dispute Resolution Pattern of Vietnamese and Cambodian Marriage Immigrant Women in Multi-Cultural Family (다문화가족 결혼이주여성의 분쟁해결방식에 대한 탐색적 연구: 베트남·캄보디아 출신여성을 중심으로)

  • Chung, Yongkyun
    • Journal of Digital Convergence
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    • v.18 no.2
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    • pp.127-138
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    • 2020
  • This study examines dispute resolution patterns which Vietnamese and Cambodian marriage-immigrant women have utilized in their lives of South Korea. We implement two independent studies using quantitative and qualitative study based on interview method. Our findings show that first, most of marriage immigrant women from Vietnam and Cambodia adopt conflict avoidance method to resolve their disputes. Second, most of respondents tend to consult with people from mother countries in dispute resolution. Third, multi-cultural family support center may play an important role for consulting disputes of cross-border marriage women.

The Developing Plan for Agricultural Cooperatives' Mutual Credits (농협(農協)의 상호금융(相互金融) 현황(現況)과 발전방안(發展方案))

  • Shin, Yong In;Cho, Won Sang
    • Korean Journal of Agricultural Science
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    • v.25 no.2
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    • pp.329-342
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    • 1998
  • As we have said major contents in the background of inducing Mutual Credits, Agricultural Cooperatives' Mutual Credits are absolutely necessary to the development of rural community. In real aspects, since it has been introduced, Mutual Credits have contributed greatly to the rural prosperity, as we have studied in the actual state of Mutual Credits. But with the advent of WTO system, both the international situation of open-trade policy and the domestic one of free banking and deregulation were rapidly going on at the same time, there by Mutual Credits' business has been threated by them. So Mutual Credits had to seek some programs for development in order to solve the hard situation. Several points on development programs of Mutual Credits are as follows: (1) Realization of scale of economy by the way of M&A among small primary cooperatives (2) Development of new financial products for raising funds safely (3) Management-rationalization by automatic systems like cash dispenser and telebanking (4) Variation of business area (5) Enforcing economy-business part besides Mutual Credits' one among cooperative businesses (6) Government's successive support.

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Prospect and Production Technology of Brand Rice (브랜드 쌀의 생산기술과 전망)

  • 손종록
    • Proceedings of the Korean Society of Postharvest Science and Technology of Agricultural Products Conference
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    • 2003.10a
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    • pp.51-70
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    • 2003
  • In recent years, Korean rice must compete with the rice of advanced countries under Doha Development Agenda(DDA) and free Trade Agreement(FTA). Therefore we should find more active and positive solution in rice industry according to the inncreasing power of international pressure. Increasing rice production was the most important policy during the past food-deficient days, but recently, with overproduction of rice, various circulation system by the brand(price)-differentiation should be settled in a recent market of Korea. Nowadays, some advanced rice farmers and Rice Processing Complex(RPC) managers developed new brands of rice with high-quality, adding healthy materials and environment-friendly farming methods. Therefore, the future strategy of making a new brand rice should be planned including selection of rice variety, cultural and post-harvest techniques, circulation and processing methods to compete against foreign rice. And environment-friendly farming is also recommendable for food safety and differentiate from imported rice. For the purpose of successful brand-rice, the following points might be considered. Firstly, selection of good quality rice and continual development of good variety must be conducted for the differentiation of Korean rice from foreign rice. Secondly, a special contract between producer and consumer with functional-rice, organic filming-rice, specific-rice will be recommendable. Thirdly, improvement of post-harvest management and milling system are necessary for the production of differentiated-rice. Fortunately, standard of inspection, rules of description for brand-rice must be developed by a more scientific examination in order to settlement of trust for consumer. Finally, provincial or regional-representative brand rice must be settled and conducted for the development of agreement market system between producer and consumer.

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