• Title/Summary/Keyword: Trade Research

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Analysis of the Prior Studies on the Theory of International Trade (무역이론에 관한 연구동향 분석)

  • Taek-Dong Yeo
    • Korea Trade Review
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    • v.45 no.6
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    • pp.181-205
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    • 2020
  • International trade theory is largely divided into the pure theory of international trade and the theory of trade policy. The pure theory of international trade is an academic field that conducts research related to the trade flow of goods and services between countries and the movement of production factors across borders. Meanwhile, the theory of trade policy studies the positive and normative aspects of trade policy which a government adopts to achieve its policy goals. In this study, about 230 papers in the field of international trade theory published in the Korea Trade Review over the past 45 years (1975~2019) are examined in meta analysis by period and subject. First, this study provides the main research subjects of international trade theory, and historically reviews the overall development of trade theory by paying attention to the core and pioneering papers, domestic and foreign. Second, the publications in the field of trade theory are classified by subject, and the domestic and foreign research trends are also examined for each subject with the analysis of major publication of this Journal.

Meta Analysis on the Trade Settlement Study and Research Outlook (무역결제 분야 연구의 메타분석과 전망)

  • Hee-Jung Yeo
    • Korea Trade Review
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    • v.46 no.2
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    • pp.371-387
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    • 2021
  • This paper analyzed 110 papers related to the field of trade settlement published in the Korea Trade Review for 40 years from 1980 to 2019. This study tried to provide an insight on research topics and to suggest future research directions. The papers were analyzed according to the detailed topics of trade settlement. Research trends were identified every ten years by investigating the most frequently used titles and keywords. The analysis found that the direction of the research changed in line with the changes in trade settlement practices. Future research lies in the field of electronicization of traditional settlement methods, search for alternative settlement methods, individual international microtransaction and trade fraud.

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
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    • v.45 no.3
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    • pp.55-69
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    • 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.

Meta Analysis of Trade Insurance Using Text Mining (텍스트 마이닝을 활용한 무역보험분야의 메타분석)

  • Hyun-Hee Park;Sung-Je Cho
    • Korea Trade Review
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    • v.45 no.6
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    • pp.157-179
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    • 2020
  • This study presented the results of meta-analysis through topic modeling among the papers published in the Journal of the International Trade Association for the purpose of presenting academic research trends in the field of trade insurance and future research directions. Among the total 2,010 papers included in the Journal of the Korea International Trade Association, the analyzed paper covers the subject of trade-related insurance. According to detailed topics, 33 marine insurance (42.31%), 16 export insurance (20.51%), 11 hull insurance (14.10%), and 18 others (23.08%), and 4 other products liability insurance. According to the empirical analysis results, Topic 1 was classified as marine insurance, airworthiness, notice obligation, and collateral, and Topic 2 was derived as a representative topic for loading insurance, emergency risk, and immunity as export insurance. And Topic 3 was classified as vessel, sinking and container in relation to ship insurance, and Topic 4 was analyzed as an important topic such as manufacture and British marine insurance. Through the analysis results, we selected the representative topic used for the trade insurance topic and looked at the status of major research. Trade insurance is an area that requires the development of more theoretical and practical research subjects as an optimal risk management means in international trade transactions. To this end, first, support from the Korea International Trade Association is needed to establish a continuous research subject sharing system for the development of research subjects in the field of trade insurance. Second, academic journal operation management must be continuously managed in which academic research papers can be submitted and published.

Review on Literatures of International Management (국제경영 분야에 관한 연구동향 분석)

  • Ki-Hwan Kwon;Jae-Hyun Kwon
    • Korea Trade Review
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    • v.45 no.6
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    • pp.227-258
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    • 2020
  • The field of international management has consistently been recognized as one of the key research pillars in the grand scope of trade studies. In this paper, we conducted critical review on literatures of international management, which were published in Korea Trade Review from 1975 to 2019. Especially, this paper analyzed 'when did research results in the field of international management appear in Korea Trade Review for the first time?', 'how many papers in the field of international management have been published in Korea Trade Review so far?', 'what topics have the papers in the field of international management published in Korea Trade Review mainly described?', and 'what research methods have the papers in the field of international management published in Korea Trade Review adopted?' In particular, this paper compared the similarities and differences between the research issues in leading global journals and those of international management research papers published in Korea Trade Review. In addition, some implications for future research would be suggested regarding what characteristics of international management studies will be meaningful to be published in the Korea Trade Review.

A Study on Global e-Trade Performance Evaluation Framework (전자무역 성과평가 체계에 관한 연구)

  • Kim, Hag-Min;Kim, Jong-Chul
    • International Commerce and Information Review
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    • v.9 no.2
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    • pp.231-253
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    • 2007
  • This paper intends to develop an performance evaluation framework of e-trade. The Korea e-trade has been largely attracting many research communities because it brings about e-trade platform which is happening at the early stage of information system maturity. It is true that many research works have been focusing on development issues in e-trade but not much works have been done in e-trade performance study. This paper suggests an e-trade performance framework based on both field and literatures surveys. In addition, an factor analysis model has been introduced to determine that the suggested factors are empirically supporting the hypotheses in the model. Since this paper is opening up many research issues in e-trade performance study many research group could participate in this research area.

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An Empirical Study on the Impeding Factors to Affect e-Trade Service (전자무역 서비스의 활용 저해요인에 관한 실증연구)

  • Lee, Sang-Jin;Kim, Hyoung-Cheol
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.51
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    • pp.417-439
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    • 2011
  • In order to improve e-Trade service, this paper has deduced impeding factors after review of precedent research on e-Trade and analysis of e-Trade current status. Then an empirical analysis of whether variables deduced are detrimental factors to utilization of e-Trade service has been made on the basis of a research model and relevant hypotheses. The scope of e-Trade service indicated in this paper is limited to use of uTradeHub system. Analytical results for the improvement of e-Trade service clearly indicate that the higher the impeding factor to utilization of the system integration, logistics and customs clearance, marketing and users field, the more necessary the service improvement for invigoration of e-Trade service. However, foreign exchange field does not seem to require attention because SMEs have not active will to do electronic payment through the process of electronic documents.

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The Impacts of China's Belt and Road Initiative (BRI) on the Trade Patterns of Tanzania (중국 일대일로 정책이 탄자니아 무역패턴에 미치는 영향)

  • Oscar M. Malela;Tae-Hee Lee
    • Korea Trade Review
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    • v.46 no.3
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    • pp.1-24
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    • 2021
  • The Belt and Road Initiative (BRI) is designed to intensify bilateral trade between China and the BRI countries through the improvement of transportation connections. However, little research has empirically investigated the impacts of this policies on the trade patterns. This paper attempts to evaluate the impacts of BRI on the trade patterns of Tanzania. Our study extends the original gravity model of bilateral trade by adding GDP per capita, population and proximity as the explanatory variables. According to our research, we observed that the BRI significantly impacted the Tanzania's trade patterns, as it led to the increase of bilateral trade flow between Tanzania and China more importantly between Tanzania and its adjacent countries. It indicates that the Belt and Road Initiative (BRI) has boosted Tanzania's trade exclusively, hence the Tanzania's export sector earns greater trading potential with the adjacent countries.

Indigenization of Global Trade Negotiation Model: Perspective from Southeast Asia

  • Fathana, Hangga;Sutrisno, Nandang;Herdianto, Enggar Furi;Fauzi, Hilman
    • SUVANNABHUMI
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    • v.14 no.2
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    • pp.251-268
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    • 2022
  • Over the last few decades, global trade activities showed a significant increase, resulting in a rise of the wider global economic growth. The achievement is partly due to the more integrated global trade system under global trade regime such as World Trade Organization (WTO) that standardized the practice of global trade. On the other hand, it could also be seen that regional trade negotiation became more important part of global trade activity. The trade negotiation itself was pushed and tailored by regional perspective, which indigenized trade agreement. This research aims to analyze the indigenization of ASEAN's trade negotiation model. How has the current trade negotiation model within the region represented indigenous needs and aspirations? This study also offers to revisit the conceptual framework in identifying the trade negotiation model to measure the indigeneity of Southeast Asian automotive industry's policy. This research concludes by explaining the case studies which measure the effect of indigenization to the practice of trade agreement in the region.

A Study on Requirements Analysis for the Next Generation of Global e-trade (차세대 전자무역 시스템의 요건 분석)

  • Kim, Hag-Mim;Lee, Ho-Hyung
    • International Commerce and Information Review
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    • v.9 no.4
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    • pp.307-328
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    • 2007
  • This paper discusses some requirement issues of future global e-trade. Korea has been making lots of efforts on e-trade promotions and many research results support that the performance of e-trade should be increased. There are still many unsolved issues as well as future demands in this area. In this paper, we propose some e-trade requirements for next generation and those are e-trade governance, collaboration enhancement among trading participants, the utilization of e-trade documents repository, the expansion of global e-trade network, and e-trade intelligence just to name a few. For each requirement, we propose some research topics as well as practical implications for improving the performance of global e-trades. One can find some useful thoughts for the future research based on the propositions made by this paper.

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