• The Journal of Asian Finance, Economics and Business
• /
• v.5 no.3
• /
• pp.43-50
• /
• 2018

The paper aims to investigate the impact of trade cost on export: A Case Study Vietnam. The study conducts a static linear panel data analysis on annual data covering bilateral export between Vietnam and 70 major importers of Vietnam from 2001 to 2013. The gravity model has been one of the most successful applications in empirical trade. In this paper we apply the gravity model to estimate the impact of trade cost on Vietnamese bilateral export value. The paper uses gravity model to estimate the impact of trade cost on Vietnamese bilateral export value. The empirical results derive from a static linear panel data analysis (fixed effects model) indicates that trade cost plays a crucial role in determining the export value that occurs between Vietnam and trading partners. Besides, population of importing country, trade openness of importing country, gross domestic product of importing country and gross domestic product of Vietnam are also significant determinants of Vietnamese bilateral export value. The main findings indicates that trade cost plays a very important role in the Vietnamese bilateral export performance. This suggests that the Vietnamese government should attempt to improve domestic trade costs to enhance competitiveness and increase export growth sustainably.

• Architectural research
• /
• v.11 no.2
• /
• pp.43-49
• /
• 2009

Since the late 1980s, the schedule technique applied to the construction industry around the world has rapidly changed from the traditional ADM (Arrow Diagramming Method) to the PDM (Precedence Diagramming Method) technique. The main reason for this change is to overcome the limits and inconveniences of the traditional ADM technique. The time-cost trade-off is one of the core scheduling techniques to establish the best optimized combination plan in terms of a relationship between the cost and schedule. However, most of the schedule-related textbooks and research papers have discussed and proposed applications of a time-cost trade-off technique based only on the Finish to Start relationship. Therefore, there are almost no consideration and discussion of problems or restrictions that emerge when the time-cost trade-off technique is applied to the PDM network that has overlapping relationships. This paper proposes the lead-time adjustment method as a methodology for overcoming some restrictions that are encountered when the time-cost trade-off technique is applied to the overlapping relationships of the PDM network.

• Korea Trade Review
• /
• v.45 no.2
• /
• pp.17-29
• /
• 2020

This study analyzed that the effects of AEO MRA benefit on decreasing of trade cost and the strategies for expanding of trade. It uses the system GMM for effective solutions of endogenous matter with lagged dependent variable. In terms of the result of analysis, AEO MRA has a positive effect on decreasing of trade cost, especially this study proved the result of previous study AEO MRA expanded the trade through improving the time required for customs clearance and deregulation of non-tariff barriers. In conclusion, this study proposes the policy fo AEO MRA by analyzing the trade cost of AEO MRA by using the system GMM.

• East Asian Economic Review
• /
• v.22 no.3
• /
• pp.275-306
• /
• 2018

Amid a general rise in protectionism and a trade war between the world's two largest economies, this paper analyzes changes in gains from trade for the world over a decade marked by rapid global economic integration preceding the global financial crisis of 2007-08. It employs state-of-the-art quantitative trade models based on the gravity equation to estimate autarky gains from trade, as well as a recently introduced ANOVA-type structural estimation of the gravity equation to obtain trade costs free of residual trade cost bias. Between 1995 and 2006, the cost of moving to autarky increased by about 45% on average. A decomposition exercise suggests most of the increase in autarky gains from trade on average was due to increases in import shares in total spending, with a limited role for reallocations of spending across sectors with varied trade elasticities. Changes in trade costs between 1995 and 2006 are found to have increased autarky gains from trade, as measured in 2006, by up to 100%.

• Journal of the Korea Institute of Building Construction
• /
• v.8 no.6
• /
• pp.91-98
• /
• 2008

It is time-consuming and difficulty to solve the time-cost trade-off problems, as there are trade-offs between time and cost to complete the activities in construction projects and this problems do not have unique solutions. Typically, heuristic methods, mathematical models and GA models has been used to solve this problems. As heuristic methods and mathematical models are have weakness in solving the time-cost trade-off problems, GA based model has been studied widely in recent. This paper suggests the time-cost trade-off optimization algorithm using particle swarm optimization. The traditional particle swarm optimization model is modified to generate optimal tradeoffs among construction time and cost efficiently. An application example is analyzed to illustrate the use of the suggested algorithm and demonstrate its capabilities in generating optimal tradeoffs among construction time and cost. Future applications of the model are suggested in the conclusion.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
• /
• v.35
• /
• pp.179-219
• /
• 2007

Cross-border supply chains undergone complexity in the global trade process, unpredictability and continually evolving regulations and information requirements. Under these circumstances, longer lead time inhibiting quick response to market demands, unanticipated supply chain costs eroding product cost savings, compliance and documentation errors causing delays and fines are challenging global trade companies when they execute global business. These problems are mainly caused by unautomated, unintegrated process which lead to longer and more unpredictable lead times, slower cash flow, cost overruns, and ultimately lower profits and less satisfied customers. Complex and unpredictable global trade environment requires global trade companies of global trade management functions to automate and control this complex environment for driving out cost, time and risk from their business. Global trade management allows cost savings, supply chain efficiencies and improved compliance through improving global supply chain visibility, facilitating cash flow by supply chain financing, enhancing supply chain security and risk management.

• Structural Engineering and Mechanics
• /
• v.71 no.2
• /
• pp.139-151
• /
• 2019

In a project schedule, it is possible to reduce the time required to complete a project by allocating extra resources for critical activities. However, accelerating a project causes additional expense. This issue is addressed by finding optimal set of time-cost alternatives and is known as the time-cost trade-off problem in the literature. The aim of this study is to identify the optimal set of time-cost alternatives using a multiobjective teaching-learning-based optimization (TLBO) algorithm integrated with the non-dominated sorting concept and is applied to successfully optimize the projects ranging from a small to medium large projects. Numerical simulations indicate that the utilized model searches and identifies optimal / near optimal trade-offs between project time and cost in construction engineering and management. Therefore, it is concluded that the developed TLBO-based multiobjective approach offers satisfactorily solutions for time-cost trade-off optimization problems.

• Journal of Korean Society for Quality Management
• /
• v.4 no.1
• /
• pp.13-19
• /
• 1976

In the quality planning phase, the techniques for measuring cost-quality trade-offs are used for the selection of the optimal design specifications when design flexibility permits significant trade-offs to be made. But the product quality is not only depends on the developing cost, but also the time for developing that product. Therefor it is important to seek a methodology for estimating time-cost-quality trade-offs associated with the quality planning projects. This paper is aimed to find a methodology of time-cost-quality trade-offs and to develop a proper algorithm.

• Environmental and Resource Economics Review
• /
• v.13 no.2
• /
• pp.195-218
• /
• 2004

This paper explores the impact of pollution abatement cost on trade balance. First, We derive price pressure of spending pollution abatement cost using I-O table. Then the analysis is extended to the impact on trade balance by manufacturing sectors. The paper explicitly includes indirect effect of pollution abatement cost that is the effect through the change of the other sector prices and excluded in the previous studies. The results show that the impact of pollution abatement cost on trade balance is 0.30~0.46% of total trade volume of Korea. This is lower than that of the United States in 1970's.

• KSII Transactions on Internet and Information Systems (TIIS)
• /
• v.7 no.12
• /
• pp.3096-3117
• /
• 2013

To execute the performance driven Grid applications, an effective and scalable workflow scheduling is seen as an essential. To optimize cost & makespan, in this paper, we propose a Scalable Cost-Time Trade-off (SCTT) model for scheduling workflow tasks. We have developed a heuristic algorithm known as Scalable Cost-Time Trade-off Scheduling (SCTTS) with a lower runtime complexity based on the proposed SCTT model. We have compared the performance of our proposed approach with other heuristic and meta-heuristic based scheduling strategies using simulations. The results show that the proposed approach improves performance and scalability with different workflow sizes, task parallelism and heterogeneous resources. This method, therefore, outperforms other methods.