• Title/Summary/Keyword: Market Comparative Index

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A Comparative Analysis on Export Competitiveness for Auto Parts Industry between Korea and China (한.중 자동차 부품산업의 수출경쟁력 비교 분석 - 미국 자동차 부품 수입시장을 중심으로 -)

  • Kim, Ji-Yong
    • International Commerce and Information Review
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    • v.8 no.3
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    • pp.299-321
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    • 2006
  • The purpose of this study was to analyze export competitiveness of Korean auto parts and Chinese auto parts in U.S. market by using Index of Export Bias and Market Comparative Advantage Index. For attaining the purpose of study, we classified the auto parts which exported to U.S. market and the imported products by using the six units classification of the Harmonized System(HS). Analyzing period was 1998-2005. The analysis of Korean results of MCA indicated that the Korean auto parts which gained export competitiveness in the U.S. market were HS Code No. 8708.94, 8708.99, 8708.92. The products which will have export competitiveness in the U.S. market would be HS Code No. 8708.93, 8708.39, 8708.60 respectively. On the other hand, the results indicated that the Chinese auto parts which gained export competitiveness in the U.S. market were HS Code No. 8708.70, 8708.31, 8708.91, 8708.60, 8708.39. From this study, we find the following strategies for successful advancing into the U.S. and world market. i) Linking strategy through working cooperation with local auto firms, government and academic world. ii) Advance strategy of auto firm accompany by module working and system auto parts firm. iii) Retention strategy of large technical institution established by auto parts firms and taking cooperation of auto firms iv) Settlement strategy for having weaken competitive article and production field. v) Cost-cutting strategy through strengthening logistics cooperation system between auto parts firms and auto firms. vi) Active invitation strategy of foreign investment under quickly cooperating of government.

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Change of Stock Earning Rate on Korean Quality Award Recipients - The comparison between KQA Index and Baldrige Index-

  • Suh, Yung-Ho;Lee, Hyun-Soo
    • International Journal of Quality Innovation
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    • v.1 no.1
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    • pp.106-120
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    • 2000
  • The purpose of this research is to understand the effects of Quality Management Award on stock prices movement and to examine the comparative advantages of quality award system in Korea and the U.S. This study compares the performances of QM Award companies in the stock market with those of the market index in both countries. We develop Korean Quality Award Index(KQA Index) based on the Baldrige Index of NIST in the U.S. We inspect three studies. Study 1 tests if the performances of MB Award winners and S&P500 index have a difference in the stock market. Study 2 tests if the performances of KQA winners and KOSPI(Korean Composite Stock Price Index) have a difference in the stock market. Study 3 tests if the performances of KQA winners and MB Award winners have a difference in the stock market. From the empirical tests, the performances of KQA winners are superior to those of KOSPI and the performances of MB Award winners are superior to those of S&P500 and the performances of MB Award winners are superior to those of KQA winners.

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An Empirical Study on the Export Competitiveness of Korean Automobiles in the Local Chinese Market (한국 자동차의 대중국 수출경쟁력에 관한 연구 - RCA, CAC, ESI 지수 비교를 중심으로)

  • Kim, Tae-Heon
    • International Area Studies Review
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    • v.13 no.3
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    • pp.583-611
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    • 2009
  • This study aims at analysing the export competitiveness of the six largest countries which have the highest market share in world automobile market, namely Japan, USA, China, Germany, South Korea and France for the last seven years between 2000 and 2006 in Chinese automobile market by using revealed comparative advantage index(RCA), comparative advantage index by country (CAC) and exporting similarity index(ESI). On analysis of the RCA index, it showed that the export competitiveness of Korean automobile in the world market was high following Japan and Germany, but it ranked the lowest competitiveness among the six trade competitors in Chinese automobile market. In other side, it is also made sure that the formidable competitors of Korean automobile export in global market are Germany and Japan. Therefore, South Korea needs to raise its ability to adjust to improvement of the international competitiveness in exports through close cooperation between government and automobile export enterprise and consistent monitoring about Chinese automobile industry and market.

An Analysis on the Competitive Structure of Fishery Products Export & Import between Korea and Japan (한ㆍ일 수산물 수출입 경쟁구조 분석)

  • 최정윤;김정봉
    • The Journal of Fisheries Business Administration
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    • v.34 no.2
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    • pp.141-164
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    • 2003
  • This study analysis the market status and competitive structure of Korean fishery in Japan import market, and derive policy implications for seeking main causes. Specifically', trade state between Korea and Japan is discovered and theoretical model is also used to analysis competitiveness between two countries. And then real measuring methods of competitive index is Introduced, the status of Korean fishery products in Japan import market is analysed totally through the study of comparative predominance and export competition. The analysis is based on the statistical methods such as RCA, RMI, and CMS. In summary, first, Korean fishery products have the comparative predominance in Japan, China and Thailand, but they have the comparative inferiority in USA, considering research results. Second, competitiveness of fishery products between Korea and in Japan import market extreme, relatively, competitiveness of Korean fishery products for Thailand's fishery products is lowest. Third, Korean fishery products maintain unconstant pattern, but competitive inputs result in increasing export to Japan generally.

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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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Export Market Attractiveness Analyses of the Heavy Electric Equipment Industry (중전기기산업 수출시장 매력도 분석)

  • Moon, Chang-Kuen
    • International Commerce and Information Review
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    • v.10 no.4
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    • pp.277-298
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    • 2008
  • This study develops the market attractiveness assessment model and draws the strategic target markets and their corresponding exporting strategies through identifying the market positions in the dimensions of market attractiveness scores and market positional strength to achieve the innovative export promotion of Korean heavy electric industry and the resulting improvement and reversal of comparative-disadvantage position. In chapter 2, we analyze the stages of selecting target markets, the constructs and their measure variables of market attractiveness models, and the components and strategic policy implications of directional policy matrix. And in chapter 3, we identify the comparative advantage positions of Korean heavy electric industry in the global market through analyzing its trade structure, trends, balance, ratio-balance, and specialization index by the item and the region respectively. We find that the Asia/Pacific region is the most attractive export market of the Korean heavy electric equipment industry, the following important strategic target markets are the America, MENA, CIS/East Europe Regions in the order of their attractiveness and competitive position dimensions. In the mean time, the sub-Sahara Africa and West Europe region is shown to be the long-run-viewpoint target market requiring the innovation or divest strategies owing to their low attractiveness and the low market share of Korean exports.

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The Emergence of Competitiveness in Korea-China Ship Distribution Industry

  • Lee, Jae-Sung;Kim, Yung-Keun;Noh, Hyun-Soo
    • Journal of Distribution Science
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    • v.13 no.7
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    • pp.11-18
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    • 2015
  • Purpose - This paper reviews the changes in the ship export and import structure between Korea and China. It utilizes the comparative advantage trade theory to analyze time-series statistical data from the market share index, revealed comparative advantage index (RCA), and trade specialization index(TSI). Research design, data, and methodology - Based on their economic phases, both Korea and China have similar country characteristics. The purpose of this research is to understand the two country's trade structures to fortify the Korea-Sino economic relationship including verifying what is working and what is not. Results - Based on the analysis, bilateral economic activity to achieve a plus trade stimulus environment should be realized in the long run. Both countries should establish guarantee-free trade negotiations and boundaries instead of various non-tariff barriers. Conclusion - Reviewing the research, a sound competitive relationship can be grown for mutual benefit including export market diversification in the near future. The review of the Korea-Sino ship industry is keenly important and investigative research about it is timely because it is a major industry in each country.

Comparative Analysis of Competitiveness in the Steel Distribution Industry between Korea and Japan

  • Lee, Jae-Sung
    • Journal of Distribution Science
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    • v.12 no.3
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    • pp.25-32
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    • 2014
  • Purpose - This study reviews changes in the steel export-import structure between Korea and Japan using a trade related index; it focuses on analyzing comparative advantage based on time-series analysis statistics data using the trade intensity index (TII), revealed comparative advantage index (RCA), and trade specialization index (TSI). Research design, data, and methodology - In terms of their economic phase, Korea and Japan have a mutually complementary character. Therefore, this study aims to understand each country's trade structure to strengthen Korea-Japan economic cooperation, examine trade drawbacks, analyze factors that affect trade, and identify ways to improve and expand trade. Results - The results indicate immense potential for mutual cooperation and complementariness, which will yield guaranteed adequate profits comparable to those of any regional economic integrated community. Conclusion - From our viewpoint, Northeast economic cooperation can facilitate industry technological cooperation with Japanese partners in the prevailing environment that is characterized by increasing competition among industries and the need to secure stable resource supplies as well as the expansion of the export market and diversification, which can have significant positive implications.

The Automobile Distribution Industry's Trade Structure Analysis and Comparison between Japan and USA

  • Lee, Jae-Sung
    • Journal of Distribution Science
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    • v.12 no.7
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    • pp.37-44
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    • 2014
  • Purpose - This study reviews changes in the automobile export-import structure between Japan and USA through a trade related index, and focuses on analyzing comparative advantage based on time-series analysis of statistical data (2000, 2005, and 2012) by using the trade intensity index (TII), revealed comparative advantage index (RCA), and trade specialization index (TSI). Research design, data, and methodology - Japan and USA have mutually complementary economic phase characteristics. Therefore, this study aimed to understand each country's trade structure, to strengthen Japan-USA economic cooperation and aimed to examine trade drawbacks to analyze causes affecting trade and ways to improve it to facilitate its expansion. Results - These two economies have immense complementary potential and, further, significantly greater profits are assured from trade between them, as compared to any other integrated regional economic community. Conclusion - Economic cooperation between these two powers can provide opportunities for industry technology cooperation through partnerships against the backdrop of accelerating competition among industries, by identifying opportunities to secure stable resource suppliers and enlarge the export market.

An Evaluation for Comparative Advantage in the Steel Industry

  • Lee, Jae-Sung
    • The Journal of Economics, Marketing and Management
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    • v.6 no.3
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    • pp.1-9
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    • 2018
  • Purpose - Current society is competitive society. Rules of the game is applied to every kind of aspects not only business but also academic matters. This research is to analyze competitiveness between China and USA by use of trade related data together with revealed comparative advantage index(RCA) including trade specialization index(TSI). Research design, data, methodology - Per economic phase, both China-USA have mutually complementary character. That's why it is significant to analyze this 2 country's important industry. From our economic viewpoint, Both 2 economic powers should cooperate to achieve partnership in the steel business industry under the severe business competition. Results - This paper will provide which country is more comparatively advantage in case international business is held. Especially, steel industry is in a sense technology related business. Therefore, tied-up up-to-date advanced know-how and technology should be developed to be a leader for one of major industries in the world market. Conclusion - Among those various phenomena, this paper categorizes international business and research boundary is international trade contract. It is available to find out how to cooperate securing permanent and reliable business provider and supplier is essential and eminent for the successful accomplishment in the world steel market.