• The Journal of Asian Finance, Economics and Business
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• 제3권3호
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• pp.39-55
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• 2016

The rapid expansion of China's trade surplus since the mid-eighties and picking up until the onset of 2008-09 global financial crisis has been a key development in the world economy. While growing trade surplus of China has been viewed with cynicism borne out of an undervalued Yuan and for having being a member of WTO since 2001, many others argue that China's trade surplus reflect changes in China's economic and trade structure and associated shifts in its role within regional and global production chains. We address this issue by analyzing: (i) China's growing and changing trade structure as well as changing structure of trade surplus with the rest of the world, USA, Europe, Japan and rest of Asia, (ii) China's revealed comparative advantage (RCA) with the rest of the world, and (iii) how China's trade policies resulted into a shift in China's trade structure. We find that, not only China has made significant inroads in the world trade since its admission to WTO, but also there has been a noticeable shift in China's trade structure with specialization in high-end technology industries wherein China's exports aided by a well calibrated FDI policy.

• 유통과학연구
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• 제14권3호
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• pp.31-38
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• 2016

Purpose - This paper reviews the change of steel export-import structure between Japan and China by the courtesy of international business reference index and stress to analyze comparative advantage under the circumstance of time-series evaluating database by 3 indexes. Research design, data, methodology - Per economic phase, both China-Japan have mutually a complementary base. Under this kind of view point, the reason why to conduct this study is to realize how this 2 country's trade competitiveness should be improved and strengthened. Results - Under this research data and analysis outcomes, bilateral intra-economy's potential supplementation is enormous. Additionally, expected benefits from here are so sufficiently assured as we compare them with any other regional economic integrated society. Conclusions - When we review our economic point of view, Northeast economic cooperations between China and Japan can provide a chance for industrial technological cooperations not only in steel business but also in other business areas. Come to think of the circumstance to accelerate competitions between 2 country's industries past time and acknowledge concrete resource supplier including expanding export market and diversification.

• 동아시아경상학회지
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• 제7권3호
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• pp.49-61
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• 2019

Purpose - This study shows that which country has more competitiveness in aerospace industry. The reason why author choose aerospace industry for research is aerospace industry is one of major business in every country in the world instead of infant industry. Research design and methodology - In order to research this topic, there are 3 tools to analyze competitiveness in aerospace industry. To achieve analysis of competitiveness between USA and England, UN comtrade program which provides huge database including time serial data. Results - All of TSI are over zero (0) which means that from 2000 to 2018, USA aerospace industry is export specialization as USA aerospace industry has comparative advantage against England aerospace industry. All of TSI in USA are approaching to figure +1 as export specialization except 2010. Conclusions - Even though RCA value in 2000 is 6.313, however, when time goes by and they are 8.997 in 2005, 8.007 in 2010 and 8.389 in 2015 respectively and RCA value is slightly going down as figure 7 in 2018. we review above market share analysis data, USA has overpoweringly superior competitive power against British aerospace industry.

• Journal of Korea Trade
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• 제25권4호
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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.

• 국제지역연구
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• 제20권4호
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• pp.3-22
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• 2016

본 논문은 미얀마의 개혁과 개방이후의 무역패턴을 분석하고 동아시아의 한국과 중국 및 일본과의 무역패턴을 분석하였다. 미얀마의 비교우위구조와 국제분업구조를 RCA지수와 TSI지수를 이용하여 분석하였다. 분석기간은 개방 직후인 2012부터 자료 확보가 가능한 최근 2014으로 하였으며, 무역자료는 UN comtrade를 사용하였다. 분석결과 미얀마는 개방이후에 무역의 급격한 성장을 이루고 있을 뿐만 아니라 분업의 구조도 변화되고 있었다. 개방으로 2차산품의 무역비중이 증가하였을 뿐만 아니라 비교우위도 1차산품에서 2차 노동집약산업으로 이동하고 있었다. 한국과 중국 및 일본과의 무역에 있어서도 주로 1차산품과 노동집약재 중심으로 수출이 이루어졌다. 동아시아 3국간의 무역의 구조를 비교하면, 한국은 아직 미얀마와 초기단계의 무역구조를 보이고 있는 것으로 분석되었다. 즉 중국과 일본은 미얀마와 무역 관계가 안정적인데 반해, 한국과 미얀마의 무역은 비교우위 패턴이 안정적이지 않은 것으로 나타났다.

• 한국의류학회지
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• 제36권8호
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• pp.885-899
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• 2012

This study investigates the competitiveness of the clothing and textile industry in North Korea, compare to those of China, Hong Kong, India, Indonesia, Japan, South Korea, Thailand, and Vietnam from 1993 to 2010; in addition, it explores the potential cooperation between South Korea and North Korea. First, a revealed comparative advantage (RCA) was used to investigate the competitive performance of clothing and textile industry in North Korea. The results reveal that North Korea and Viet Nam had superior comparative advantages from 1993 to 2010. Second, in order to investigate the factors that affect the competitive performance, depth interviews based on Porter's Diamond of Competitive Advantage were designed and completed by government officers and practitioners working in the clothing and textile industry field. The results show that cheap labor, the stable demand of South Korea and China for basic products, lack of supporting and related industries, and organizational power highly influence the competitive performance of clothing and textile in North Korea. This result provides insight into the potential and limitations of the clothing and textile business. In addition, this study provides a better understanding of the effects of inter-Korean economic cooperation in socialist states.

• The Journal of Asian Finance, Economics and Business
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• 제8권11호
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• pp.145-155
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• 2021

This study examines the export competitiveness of four major natural rubber exporters in the Belt and Road Initiative (BRI) region and investigates the factors affecting bilateral natural rubber export. This study utilized the revealed symmetric comparative advantage (RSCA) to measure export competitiveness. Next, this study employed the gravity model using the Poisson Pseudo Maximum Likelihood (PPML) estimation to analyze the factors affecting bilateral export from the four major natural rubber exporters to 46 countries in the region. The analysis is conducted by using annual data from 2001 till 2018. The findings showed that all four major exporters maintained their export competitiveness. Indonesia and Vietnam notably exhibited increasing trends in the early 2000s. Besides, the market share for Malaysia and Vietnam have increased from 2013 to 2015 with the BRI implementation in 2013. In addition, this study discovered that non-tariff measures (NTM) have a positive and significant impact on the bilateral export of natural rubber. The overall findings strongly indicate that the natural rubber export has increased post BRI announcement. The outcome highlighted the benefits of BRI implementation on the natural rubber export. This study is the first attempt to apply the gravity model on the natural rubber exports within the BRI region.

• 통상정보연구
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• 제11권3호
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• pp.145-165
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• 2009

Nowadays, economic growth of China has become an important issue. Due to the demographic position and the market size, China-Korea trade relationship has grown tremendously and significantly. The Chinese relationship with the Korean industry has considerably increased over the years. Various trade competitiveness indices such as TSI, MRCAI, and IITI have been applied to measure the competitive advantage and the complementary of market structure between these two countries. For this purpose, the dataset from the year 2000 to 2008 provided by KITA were used. The MRCAI result show that Korea has specialized in the product of semiconductor, communication equipment, precision machine, automobile, and nonferrous metal. The intra-industry trade level of Korean manufacturing industry is rising in line with the dominance of vertical intra-industry trade(VIIT) trend.

• 경영과정보연구
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• 제3권
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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.

• 통상정보연구
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• 제16권5호
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• pp.225-248
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• 2014

2014년11월10일 한국과 중국은 FTA체결을 하였다. 세계의 공장 중국으로의 진출이 더욱 더 용이해졌다고 할 수 있다. 그러나 최근 중국 경제 성장이 둔화되면서 우려하는 목소리가 나오기 시작하였다. 따라서 본 연구에서는 중국 경제 성장 둔화가 한국 경제에 미치는 영향을 분석하고자 한다. 이를 위해서 현재 중국의 경제 상황에 대한 추이와 향후 앞으로의 전망을 제시하고, 중국 경제 성장을 둔화시키는 변화 조짐들을 경제 성장률 감소, 가공무역 비중 하락, 그리고 양 국가 간 품목별 경쟁관계 변화를 중심으로 분석하고자 한다. 그리고 중국 경제 성장 둔화로 인해 한국 경제에 미치는 영향에 대해 한국 경제가 대응해야 할 방안을 제시하고자 한다. 이를 분석하기 위해서 한국무역협회 무역통계 시스템을 적극 활용하고, 경쟁력 관계를 분석하기 위해 무역수지기여도지수, 무역특화도지수, 현시비교우위지수 등을 활용하여 분석하고자 한다.