• Journal of Korea Trade
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• 제25권2호
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• pp.58-74
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• 2021

Purpose - This paper research on the embodied carbon emission in Sino-Korea trade. It calculates and analyzes the carbon emission coefficient and specific carbon emissions in Sino-Korea trade from 2005 to 2014. Design/methodology - This paper conducted an empirical analysis for embodied carbon emission in Sino-Korea trade during the years 2005-2014, using a multi-region input-output model. First, direct and complete CO2 emission coefficient of the two countries were calculated and compared. On this basis, combined with the world input-output table, the annual import and export volume and sector volume of embodied carbon emission are determined. Then through the comparative analysis of the empirical results, the reasons for the carbon imbalance in Sino-Korea trade are clarified, and the corresponding suggestions are put forward according to the environmental protection policies being implemented by the two countries. Findings - The results show that South Korea is in the state of net trade export and net embodied carbon import. The carbon emission coefficient of most sectors in South Korea is lower than that of China. However, the reduction of carbon emission coefficient in China is significantly faster than that in South Korea in this decade. The change of Korea's complete CO2 emission coefficient shows that policy factors have a great impact on environmental protection. The proportion of intra industry trade between China and South Korea is relatively large and concentrated in mechanical and electrical products, chemical products, etc. These sectors generally have large carbon emissions, which need to be noticed by both countries. Originality/value - To the best knowledge of the authors, this study is the first attempt to research the embodied carbon emission of ten consecutive years in Sino-Korea Trade. In addition, In this paper, some mathematical methods are used to overcome the error problem caused by different statistical caliber in different databases. Finally, the accurate measurement of carbon level in bilateral trade will provide some reference for trade development and environmental protection.

• 한국항만경제학회지
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• 제29권1호
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• pp.195-213
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• 2013

Since 1990, North Korea's economic situation has drawn the international community's attention and became an important factor to analyze and judge the situation in North Korea, in the Korean Peninsula and even in the whole Northeast Asia. As North Korea's neighbors, Sino-Korean trade and Inter-Korean trade play an important role in North Korea's foreign trade. Based on situation analysis, the great connection and difference between Sino-Korean trade and Inter-Korean trade are given an introduction. Also by exploring reasons for Sino-Korean trade development, we can gather some insights for Inter-Korean trade development.

• 한국경제지리학회지
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• 제14권4호
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• pp.568-582
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• 2011

본 연구에서는 소무역을 둘러싼 다양한 행위 주체들의 관계를 중심으로 한 중 소무역의 성격을 규명하고, 소무역 활동이 직면하는 불확실성 내지 위험을 극복하기 위해 소무역상들이 동원하는 사회 자본을 중심으로 한 중 소무역의 운영 메커니즘을 밝혀보고자 했다. 한 중 소무역은 비공식적인 성격에도 불구하고 일자리 창출과 지역 경제의 활성화 및 이윤 추구 등 공식 부문이 당면하고 있는 사안들과 맞물리면서, 지방 정부와 세관, 기업, 그리고 해운사 등 공식 부문의 암묵적인 지원과 묵인 속에 운영되고 있다. 또한 한 중 소무역은 타 지역에서와 마찬가지로 그 운영에 있어 가족 네트워크, 민족네트워크, 사회적 네트워크 및 신뢰 등 사회 자본이 중요한 역할을 하는 것으로 나타났다.

• The Journal of Asian Finance, Economics and Business
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• 제8권3호
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• pp.127-137
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• 2021

Mainland China area has been a long-term, major trade rival and partner of Taiwan, accounting for more than 40% of Taiwan's total annual trade exports, and so Sino-US trade friction is expected to have a significant impact on Taiwan's economy in the future. This study focuses on major bad news of Sino-US trade frictions and how it generates short-term shocks for Taiwan's equity market and fear sentiment. It further explores the mutual interpretation relationship between price changes such as VIX, Taiwan's stock market index, and the VIX ETF to identify which factors have information leadership as leading indicators. The study period covers 750 trading days from 2017/1/3 to 2020/1/31. This study finds that, when a policy news is announced, the stock market index falls significantly, the change in the trading price (net value) of the VIX ETF rises significantly, and the overprice rate significantly drops, but VIX does not, showing that fear sentiment exists in the Taiwan's market. The net value of the VIX ETF shows an information advantage as a leading indicator. This study suggests that, when the world's two largest economies clash over trade, the impact on Taiwan's equity market is inevitable, and that short-term fear effects will arise.

• Journal of Korea Trade
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• 제24권2호
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• pp.68-82
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• 2020

Purpose - This study investigates the impact of inland port development in China on the promotion of bilateral trade flows between China and South Korea. Design/methodology - The probable association between the establishment of inland ports and Sino-Korea trade was estimated using gravity models. In this regards, two sets of data were collected. The first dataset consists of the baseline variables of a gravity model, while the second one includes variables of logistics infrastructure development. The indicators of logistics infrastructure development include inland ports, the amount of government expenditure on transport infrastructure, the lengths of roads and railways, the number of trucks and the number of logistics industry workforce. Findings - The results show that inland port development has a positive impact on facilitating bilateral trade between China and South Korea. However, the positive association holds only for Chinese regions with a large trade volume and a proximity to seaports. In other regions, the impact of inland ports is not statistically significant. Originality/value - To the best knowledge of the authors, this study is the first attempt to explore the economic impact of inland ports in China. In addition, the findings in this paper provide both policy and managerial implications for the future development of inland ports, such as the strategic location of inland ports and integrated intermodal operations.

• 대한지리학회지
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• 제45권5호
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• pp.628-646
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• 2010

본 연구는 다수의 사람과 상품이 반복적으로 국경을 넘어 왕래하는 한 중 소무역, 일명 보따리 무역을 대상으로, 소무역의 등장 배경 및 성장 과정에서 한 중 여객 항로의 역할을 설명하고, 소무역의 규모와 소무역상의 조직, 그리고 소무역상의 구성 등의 변화를 살펴봄으로써 한 중소무역의 내적 변화과정을 규명하고, 한 중소무역에서 거래 품목의 특성과수출입 과정 및 소무역 결절지의 특성을 고찰함으로써 한 중 소무역의 공간적 특성을 규명하는데 목적이 있다. 본 연구는 위와 같은 연구 목적을 달성하기 위해, 한 중 소무역과 해운사의 관계를 논의했고, 한 중 소무역의 내적 변화를 소무역에 대한 규제 강화를 중심으로 고찰했으며, 한 중 소무역을 설명하기 위해 1980년대 말부터 소무역이 폭발적으로 증가한 구소련 및 중 동부 유럽의 소무역 현상에 관해 논의했다.

• 한국항해항만학회:학술대회논문집
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• 한국항해항만학회 2000년도 Proceeding of CIN-KIN Joint Symposium 2000 on M.E.T. Under STCW 78/95 and SINO-KOREA MARITIME CONTACT IN MID-CENTURIES
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• pp.171-183
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• 2000

Regarding the ancient Sino-Kroea sea communication as the main theme, the propagation of the China-culture in Koran Peninsula and he influence of Chinese ancient shipbuilding technique for Korea are described in the paper. Frequent sea trade resulted in the flourishing of Chinese and Korean harbours on both side of Yellow Sea. Sino-Koran sea communication is of long-standing. Korean Peninsula (KP) is just as the large arm extended to the great sea from the North-east China. It is the Chinese mainland plate-lump's extended part in the Yellow Sea. In the ancient time, the land communication between China and Korea was often not unimpeded, the contact between China and KP, such as the South-Korea, depended on the sea communication mainly, Although the friendly relationship between China and Korea rose one after another in the various historical period, but considering from the great background of people's historical development, just as the modern people benefited fro the Europe-American culture, the people of ancient time also benefited from the China-culture. All China, KP and Japan obtained the development by propagating the ancient China-culture. The seagoing ships which carried out the Sino-Korea sea communication and trade, as the friendly envoys, finished the mission linked u and developed the Sino-Korea culture contact.

• 유통과학연구
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• 제13권7호
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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.

• Journal of Korea Trade
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• 제26권1호
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• pp.20-32
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• 2022

Purpose - This paper intends to make theoretical analysis and empirical test on the factors influencing China's export to South Korea, and draw conclusions about China's export efficiency and trade potential. Based on the conclusions, the reasons for China's trade deficit with South Korea are found, and a solution is put forward for solving the problem of China's trade deficit with South Korea. Design/methodology - Based on the data of 2004-2017 years in China, this paper uses the stochastic frontier gravity model to analyze the influencing factors of China's export to South Korea, as well as the export efficiency of each province and the export potential that can be explored. Findings - First, in terms of the factors affecting China's export trade to South Korea, the GDP of the provinces and cities in China, the FDI of South Korea to the provinces and cities in China, the GDP of South Korea, the population and education level of provinces and cities in China can significantly promote the export scale of Chinese provinces and cities to South Korea. The distance between Chinese provincial capitals and the South Korean capital significantly hinders Chinese exports to South Korea; Second, in terms of export trade efficiency, the trade exchange rate of the economically developed cities along the eastern coast of China and several provinces that are close to South Korea is higher than that of the cities in the central and western regions; Third, economic globalization makes trade more convenient, the average export trade efficiency of China's exports to South Korea showed an upward trend. However, under the influence of the 2008 global financial crisis, the export trade efficiency declined from 2008 to 2009, indicating that the impact of the financial crisis on the trade efficiency cannot be ignored. Originality/value - This paper finds out the influencing factors of China's export to South Korea, analyzes the export efficiency of different provinces and cities, excavates the export potential, and puts forward some suggestions for the balanced development of China and South Korea trade in the next step.

• The Journal of Asian Finance, Economics and Business
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• 제9권10호
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• pp.159-168
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• 2022

The time series of foreign trade turnover is complex and variable and contains linear and nonlinear information. This paper proposes preprocessing the dataset by the EMD algorithm and combining the linear prediction advantage of the SARIMA model with the nonlinear prediction advantage of the EMD-LSTM model to construct the SARIMA-EMD-LSTM hybrid model by the weight assignment method. The forecast performance of the single models is compared with that of the hybrid models by using MAPE and RMSE metrics. Furthermore, it is confirmed that the weight assignment approach can benefit from the hybrid models. The results show that the SARIMA model can capture the fluctuation pattern of the time series, but it cannot effectively predict the sudden drop in foreign trade turnover caused by special reasons and has the lowest accuracy in long-term forecasting. The EMD-LSTM model successfully resolves the hysteresis phenomenon and has the highest forecast accuracy of all models, with a MAPE of 7.4304%. Therefore, it can be effectively used to forecast the Sino-Russia foreign trade turnover time series post-epidemic. Hybrid models cannot take advantage of SARIMA linear and LSTM nonlinear forecasting, so weight assignment is not the best method to construct hybrid models.