• Title/Summary/Keyword: Learning-to-export

Search Result 48, Processing Time 0.024 seconds

Prediction on the Ratio of Added Value in Industry Using Forecasting Combination based on Machine Learning Method (머신러닝 기법 기반의 예측조합 방법을 활용한 산업 부가가치율 예측 연구)

  • Kim, Jeong-Woo
    • The Journal of the Korea Contents Association
    • /
    • v.20 no.12
    • /
    • pp.49-57
    • /
    • 2020
  • This study predicts the ratio of added value, which represents the competitiveness of export industries in South Korea, using various machine learning techniques. To enhance the accuracy and stability of prediction, forecast combination technique was applied to predicted values of machine learning techniques. In particular, this study improved the efficiency of the prediction process by selecting key variables out of many variables using recursive feature elimination method and applying them to machine learning techniques. As a result, it was found that the predicted value by the forecast combination method was closer to the actual value than the predicted values of the machine learning techniques. In addition, the forecast combination method showed stable prediction results unlike volatile predicted values by machine learning techniques.

Forecasting Fish Import Using Deep Learning: A Comprehensive Analysis of Two Different Fish Varieties in South Korea

  • Abhishek Chaudhary;Sunoh Choi
    • Smart Media Journal
    • /
    • v.12 no.11
    • /
    • pp.134-144
    • /
    • 2023
  • Nowadays, Deep Learning (DL) technology is being used in several government departments. South Korea imports a lot of seafood. If the demand for fishery products is not accurately predicted, then there will be a shortage of fishery products and the price of the fishery product may rise sharply. So, South Korea's Ministry of Ocean and Fisheries is attempting to accurately predict seafood imports using deep learning. This paper introduces the solution for the fish import prediction in South Korea using the Long Short-Term Memory (LSTM) method. It was found that there was a huge gap between the sum of consumption and export against the sum of production especially in the case of two species that are Hairtail and Pollock. An import prediction is suggested in this research to fill the gap with some advanced Deep Learning methods. This research focuses on import prediction using Machine Learning (ML) and Deep Learning methods to predict the import amount more precisely. For the prediction, two Deep Learning methods were chosen which are Artificial Neural Network (ANN) and Long Short-Term Memory (LSTM). Moreover, the Machine Learning method was also selected for the comparison between the DL and ML. Root Mean Square Error (RMSE) was selected for the error measurement which shows the difference between the predicted and actual values. The results obtained were compared with the average RMSE scores and in terms of percentage. It was found that the LSTM has the lowest RMSE score which showed the prediction with higher accuracy. Meanwhile, ML's RMSE score was higher which shows lower accuracy in prediction. Moreover, Google Trend Search data was used as a new feature to find its impact on prediction outcomes. It was found that it had a positive impact on results as the RMSE values were lowered, increasing the accuracy of the prediction.

Study on influence factors of Relational Learning and Relational Performance - Focusing on Export/Impart Enterprises - (기업의 관계학습 영향요인과 관계성과에 관한 연구 - 수출/내수기업의 성과비교를 중심으로 -)

  • Kim, Seung-Rok;Jung, Hun-Ju;Stanfield, Joseph Lee
    • International Commerce and Information Review
    • /
    • v.18 no.3
    • /
    • pp.155-179
    • /
    • 2016
  • The rapid changing technology and globalization allow consumers get information and new products or services faster, have more choices than before, which might be causing more competitive and more uncertain demand. The relationship quality between enterprises positively influence the relational performance. Through this research, enterprises should realize the importance of relationship learning to improve the competitive advantage. Also this research provide the strategic solutions to promote the relationship learning. this is considered to be able to present an improved directionality of the relationship between the buyer and the supplier. In addition, from the perspective of policy, this research provides implications for large enterprises and SMEs to promote their coexistence relation. The empirical model of this paper is established on basis of previous research. The empirical results show that: first, as the influence factors, relation solidarity level, environmental uncertainty, learning intension affect relationship learning, whilst special transaction assets influence information shared and relationship memory and have no effect on mutual understanding; second, relationship learning influence on relational performance and this influence relation becomes stronger if the relationship trust is higher.

  • PDF

A Study on the Research Trends in Int'l Trade Using Topic modeling (토픽모델링을 활용한 무역분야 연구동향 분석)

  • Jee-Hoon Lee;Jung-Suk Kim
    • Korea Trade Review
    • /
    • v.45 no.3
    • /
    • pp.55-69
    • /
    • 2020
  • This study examines the research trends and knowledge structure of international trade studies using topic modeling method, which is one of the main methodologies of text mining. We collected and analyzed English abstracts of 1,868 papers of three Korean major journals in the area of international trade from 2003 to 2019. We used the Latent Dirichlet Allocation(LDA), an unsupervised machine learning algorithm to extract the latent topics from the large quantity of research abstracts. 20 topics are identified without any prior human judgement. The topics reveal topographical maps of research in international trade and are representative and meaningful in the sense that most of them correspond to previously established sub-topics in trade studies. Then we conducted a regression analysis on the document-topic distributions generated by LDA to identify hot and cold topics. We discovered 2 hot topics(internationalization capacity and performance of export companies, economic effect of trade) and 2 cold topics(exchange rate and current account, trade finance). Trade studies are characterized as a interdisciplinary study of three agendas(i.e. international economy, International Business, trade practice), and 20 topics identified can be grouped into these 3 agendas. From the estimated results of the study, we find that the Korean government's active pursuit of FTA and consequent necessity of capacity building in Korean export firms lie behind the popularity of topic selection by the Korean researchers in the area of int'l trade.

The mediating effect of innovation and information sharing, in the relationship between the strategic supply chain and the supply chain performance of the raw material export-import firm (원자재 수출입 기업의 전략적 공급사슬지향성과 공급사슬 성과의 관계에서 혁신활동과 정보공유 활동의 매개역할)

  • Cho, Yeon Sung
    • International Commerce and Information Review
    • /
    • v.17 no.1
    • /
    • pp.193-214
    • /
    • 2015
  • This study was conducted to explore the impact of the strategic supply chain orientation on the supply chain performance of raw materials export-import firms. In addition, this study analyzed the mediated effect of innovation and information sharing between the strategic supply chain orientation and supply chain performance of the firms. In the research model of this study considered the strategic supply chain orientation, innovation, information sharing and supply chain performance as the characteristics of the raw materials export-import firms by dividing the learning performance and market performance. The sample firms be analyzed were 445 firms. The 7 hypothesis including moderated effect were analyzed by using LISREL as structural equation modeling. According to the path analysis, the strategic supply chain orientation had a positive impact on the innovation activity. However, it did not have a positive influence on the information sharing. In the analysis of the mediated effect, the innovation activity of supply chain showed a full mediated effect between the strategic supply chain orientation and the information sharing. And the information sharing showed a partial mediated effect between the strategic supply chain orientation of these firms and the supply chain performance.

  • PDF

Learning a Classifier for Weight Grouping of Export Containers (기계학습을 이용한 수출 컨테이너의 무게그룹 분류)

  • Kang, Jae-Ho;Kang, Byoung-Ho;Ryu, Kwang-Ryel;Kim, Kap-Hwan
    • Journal of Intelligence and Information Systems
    • /
    • v.11 no.2
    • /
    • pp.59-79
    • /
    • 2005
  • Export containers in a container terminal are usually classified into a few weight groups and those belonging to the same group are placed together on a same stack. The reason for this stacking by weight groups is that it becomes easy to have the heavier containers be loaded onto a ship before the lighter ones, which is important for the balancing of the ship. However, since the weight information available at the time of container arrival is only an estimate, those belonging to different weight groups are often stored together on a same stack. This becomes the cause of extra moves, or rehandlings, of containers at the time of loading to fetch out the heavier containers placed under the lighter ones. In this paper, we use machine learning techniques to derive a classifier that can classify the containers into the weight groups with improved accuracy. We also show that a more useful classifier can be derived by applying a cost-sensitive learning technique, for which we introduce a scheme of searching for a good cost matrix. Simulation experiments have shown that our proposed method can reduce about 5$\sim$7% of rehandlings when compared to the traditional weight grouping method.

  • PDF

Multi-modal Representation Learning for Classification of Imported Goods (수입물품의 품목 분류를 위한 멀티모달 표현 학습)

  • Apgil Lee;Keunho Choi;Gunwoo Kim
    • Journal of Intelligence and Information Systems
    • /
    • v.29 no.1
    • /
    • pp.203-214
    • /
    • 2023
  • The Korea Customs Service is efficiently handling business with an electronic customs system that can effectively handle one-stop business. This is the case and a more effective method is needed. Import and export require HS Code (Harmonized System Code) for classification and tax rate application for all goods, and item classification that classifies the HS Code is a highly difficult task that requires specialized knowledge and experience and is an important part of customs clearance procedures. Therefore, this study uses various types of data information such as product name, product description, and product image in the item classification request form to learn and develop a deep learning model to reflect information well based on Multimodal representation learning. It is expected to reduce the burden of customs duties by classifying and recommending HS Codes and help with customs procedures by promptly classifying items.

Prediction on Busan's Gross Product and Employment of Major Industry with Logistic Regression and Machine Learning Model (로지스틱 회귀모형과 머신러닝 모형을 활용한 주요산업의 부산 지역총생산 및 고용 효과 예측)

  • Chae-Deug Yi
    • Korea Trade Review
    • /
    • v.47 no.2
    • /
    • pp.69-88
    • /
    • 2022
  • This paper aims to predict Busan's regional product and employment using the logistic regression models and machine learning models. The following are the main findings of the empirical analysis. First, the OLS regression model shows that the main industries such as electricity and electronics, machine and transport, and finance and insurance affect the Busan's income positively. Second, the binomial logistic regression models show that the Busan's strategic industries such as the future transport machinery, life-care, and smart marine industries contribute on the Busan's income in large order. Third, the multinomial logistic regression models show that the Korea's main industries such as the precise machinery, transport equipment, and machinery influence the Busan's economy positively. And Korea's exports and the depreciation can affect Busan's economy more positively at the higher employment level. Fourth, the voting ensemble model show the higher predictive power than artificial neural network model and support vector machine models. Furthermore, the gradient boosting model and the random forest show the higher predictive power than the voting model in large order.

An Empirical Study on the Effects of Learning Competences and Dynamic Capabilities of Korean Small-sized Enterprises for Export-oriented to the Competitive Advantages (한국수출중소기업의 학습역량과 역동적 역량이 해외시장 경쟁우위에 미치는 영향에 관한 실증연구)

  • Huh, Young Ho;Cho, Yeon Sung
    • International Area Studies Review
    • /
    • v.14 no.3
    • /
    • pp.388-419
    • /
    • 2010
  • The aim of the study is to create a theoretical model and hypotheses on competitive advantages of exporting SMEs. For this we have proposed an integrated model in which learning competences and dynamic capabilities should have an influence on competitive advantages of the SMEs. This study have examined the influence of integrating and reconfigurating capability respectively. As a result, the learning competences had positive influences in dynamic capabilities and to the cost and service competitive advantage. To integrating capabilities had positive influences in competitive advantage. Besides, dynamic capabilities playing significant intermediate role only for the cost advantage through the analysis of intermediate effects of learning competence to the dynamic capabilities.

Prediction of the employment ratio by industry using constrainted forecast combination (제약하의 예측조합 방법을 활용한 산업별 고용비중 예측)

  • Kim, Jeong-Woo
    • Journal of the Korea Convergence Society
    • /
    • v.11 no.11
    • /
    • pp.257-267
    • /
    • 2020
  • In this study, we predicted the employment ratio by the export industry using various machine learning methods and verified whether the prediction performance is improved by applying the constrained forecast combination method to these predicted values. In particular, the constrained forecast combination method is known to improve the prediction accuracy and stability by imposing the sum of predicted values' weights up to one. In addition, this study considered various variables affecting the employment ratio of each industry, and so we adopted recursive feature elimination method that allows efficient use of machine learning methods. As a result, the constrained forecast combination showed more accurate prediction performance than the predicted values of the machine learning methods, and in particular, the stability of the prediction performance of the constrained forecast combination was higher than that of other machine learning methods.