• Title/Summary/Keyword: Trade Strategy

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A Strategies for the Promotion of the Local Small and Medium Size International Trading Firms -In Case of Gangwondo Province- (중소지역 무역업체의 수출 애로요인과 수출활성화 전략 -강원도지역을 중심으로-)

  • Park, Hyeong-Rae;Park, Yeong-Gi
    • Journal of Korea Port Economic Association
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    • v.21 no.4
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    • pp.33-53
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    • 2005
  • Kangwon Province has grown regional economy under the circumstances of poor resources compared with others and Kangwon Province is in a position to stress trade to continue economic development in future. Therefore this paper proposes that we must analyze the real situation and the patential factors of foreign trade in Kangwon Province. And also this paper is to propose a strategy for the promotion of foreign trade in Kangwon Province

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Evolution and Evaluation of Digital Trade Rules in Regional Trade Agreements in the Asia Pacific Region (아·태지역 디지털 무역 관련 지역무역협정을 통한 규범화 발전 동향과 평가)

  • Hyo-young Lee
    • Korea Trade Review
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    • v.46 no.4
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    • pp.39-60
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    • 2021
  • Despite the fast growth and rising importance of digital trade, there still exists no multilateral agreement governing digital trade. Significant differences in policy directions regarding key digital trade issues among the U.S., EU and China are the main stumbling blocks for reaching agreement on the multilateral front. To overcome this deficiency in digital trade rules, there has been active movement among mainly countries in the Asia-Pacific region for rule-making on digital trade. Starting with the CPTPP chapter on E-Commerce in 2018, there has been a series of digital trade rules agreed in bilateral or plurilateral formats, such as the USMCA, USJDTA, DEPA, DEA and RCEP. Korea is currently only member of RCEP, which contains an e-commerce chapter with lower levels of commitment as compared to other digital trade agreements. This paper provides a broad analysis of the recently concluded digital trade agreements, comparing the different coverage of rules, levels of commitment, and rules templates. The analysis aims to provide implications for the desirable direction of rule-making on digital trade and Korea's digital trade strategy.

Enhanced Indexation Strategy with ETF and Black-Litterman Model (ETF와 블랙리터만 모형을 이용한 인핸스드 인덱스 전략)

  • Park, Gigyoung;Lee, Youngho;Seo, Jiwon
    • Korean Management Science Review
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    • v.30 no.3
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    • pp.1-16
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    • 2013
  • In this paper, we deal with an enhanced index fund strategy by implementing the exchange trade funds (ETFs) within the context of the Black-Litterman approach. The KOSPI200 index ETF is used to build risk-controlled portfolio that tracks the benchmark index, while the proposed Black-Litterman model mitigates estimation errors in incorporating both active investment views and equilibrium views. First, we construct a Black-Litterman model portfolio with the active market perspective based on the momentum strategy. Then, we update the portfolio with the KOSPI200 index ETF by using the equilibrium return ratio and weighted averages, while devising optimization modeling for improving the information ratio (IR) of the portfolio. Finally, we demonstrate the empirical viability of the proposed enhanced index strategies with KOSPI 200 data.

On OFDM Subcarrier Allocation Strategies for Soft Hand-off in Cellular Systems

  • Kim, Chan-Hong;Lee, Jung-Woo
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.6 no.3
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    • pp.784-793
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    • 2012
  • This paper deals with subcarrier allocation strategies for soft hand-over in OFDMA-based cellular systems. Two possible subcarrier allocation methods are considered for soft hand-over. One method is to use an identical subcarrier set between the two cells participating in the hand-over. The other is to use different subcarrier sets between the two cells. As expected, the different subcarrier strategy is better in terms of diversity order and BER than the identical subcarrier strategy. It will be shown that the BER performance difference between the two strategies is more noticeable with contiguous subcarrier allocation. But the different subcarrier strategy consumes twice more frequency resources than the other, and there is a trade-off between the two strategies in terms of BER and frequency resources. By considering the trade-off, we also propose a subcarrier allocation strategy for soft hand-over.

An analysis of Performance on the strategy of ladder trades in a symbol pool by Multicharts (멀티차트를 사용한 종목군 계단식 매매 전략에 대한 성능 분석)

  • Ko, Young Hoon;Kim, Yoon Sang
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.6 no.2
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    • pp.225-231
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    • 2010
  • This paper proposes the strategy of ladder trades in a symbol pool and simulates a performance of it on the Multicharts' system trading tool. The ladder trading strategy is based on a multi-entry strategy which is efficient for several symbols. A symbol pool is composed of verified stocks comprising KOSPI200 and 17 symbols are selected for an examination which equity is over 10 billion. From July to December in 2009, optimum parameters are searched and the results are delta is 4% and ladder is 5. When those parameters are adopted, the profit is 1,000,000 won as a single trade and the number of trade is 188. The next study is to modify a ladder shape for increasing probability and to find the difference of optimum parameters according to trading months.

A Study on the Trend and Roadmap of Standardization for e-Trade (전자무역 부문에서의 국내외 표준화 동향과 로드맵 연구)

  • Sim, Sang-Ryeol
    • 한국디지털정책학회:학술대회논문집
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    • 2005.06a
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    • pp.287-308
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    • 2005
  • The purpose of this paper is to review the trend and roadmap of standardization for e-Trade. As a survival strategy in this rapidly changing global competition environment, domestic and global e-Trade network should be harmonized and interconnected, which requires multilateral or regional cooperation to set relevant inter-operable infrastructure. For this, standardization for e-Trade message and communication is critical success factor. Korea has been an early adopter of international e-Trade standards like UN/EDIFACT and ebXML. Based on the overall knowledge and experiences of e-Trade projects, Korea can take initiatives in the creation of global e-Trade through the harmonization and interconnection of other countries.

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The Introduction of Electronic Trade System to Small and Medium Sized Company & The Analysis of its Economic Effect (중소기업의 전자무역 시스템 도입방안과 경제적 효과 분석 - 가치사슬분석과 시뮬레이션 분석 방법론을 중심으로 -)

  • Park, Bok-Jae
    • International Commerce and Information Review
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    • v.10 no.3
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    • pp.3-21
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    • 2008
  • This research investigates the strategy for application of E-Trade to SMEs to analyze the economic effect of e-trade. And the influence of the proliferation of e-business and e-trade upon the industrial business conditions, value-chain, and business activities is also analyzed. The subjects of the inquiry are the nationwide petrochemical industries in which small and medium sized companies are in mutual and intimate cooperation. The results show that the business structure of the petrochemical industries are divided into four stages, and, with the introduction of e-business, the value chain is changed by stages. And the change of value-chain explains the transition of the e-business of petrochemical industries including trade business into industrial DB and leads to a variety of the economic effect including the reduction in the trade expense, the change of the production process, and the innovation of trade structure.

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The Direction & Strategy of Human Resources Development in Global Business Practise in the 4th Industrial Revolution (4차 산업혁명시대 무역인력양성 방향과 전략에 관한 연구)

  • Cho, Won-Gil
    • Korea Trade Review
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    • v.44 no.4
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    • pp.67-85
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    • 2019
  • This study analyzes the trade issues and curriculum issues of universities in the 4th Industrial Revolution era with the aim of finding strategies to improve the curriculum of international commerce and to cultivate trade manpower by matching them with the trade job competencies required by trade enterprises. To this end, trade college students, GTEP partners, industry-academia partners, and expert groups of N university were asked to provide information on trade curriculum for the current curriculum. The resulting data were analyzed by questionnaire frequency analysis and FGI method to reveal that both students and graduates are interested in improving the trade curriculum of the university, and that companies are also demanding talents who are responsible for the comprehensive process of trade practice and can perform sincerely and comprehensively. Therefore, we have established a new curriculum that is suitable for the 4th industrial age, opened a certificate acquisition course suitable for the needs of the company, and developed the commercial practice, trade simulation, capstone design, and PBL teaching method. Ways are suggesting to reduce mismatch between universities and companies.

Analysis and Countermeasures on the International Competitiveness of Telecommunication Service Trade between China, Japan, and South Korea

  • Gong Jing
    • Journal of Korea Trade
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    • v.26 no.7
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    • pp.43-58
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    • 2022
  • Purpose - Based on the telecommunication service trade data of China, Japan, and South Korea from 2009 to 2019, this paper compares and analyzes the international competitiveness of the three countries' telecommunication service trade, and finds the existing problems in China through the comparison, so as to make reasonable planning and industrial development strategy, and find away to catch up. Design/methodology - The comparative analysis method was used to compare and analyze the international competitiveness of telecommunication service trade among China, Japan, and South Korea from the three aspects of market share, trade surplus, and export proportion represented by MS, TC, G-L, RCA, and CA. Findings - The international competitiveness of telecommunication service trade among China, Japan, and South Korea does not have competitive advantages. China is larger than Japan and South Korea, but only close to average globally, and its share of trade in telecommunications services is lower than Japan and South Korea's. Originality/value - This paper tries to explore international competitiveness in the field of telecommunication service trade, and through the comparison of five indicators to find problems in China, so as to put forward countermeasures to improve the international competitiveness of China's telecommunication service trade, and lay a foundation for subsequent research on the source factors of international competitiveness.

A Study on Typology of Alliance Portfolio Strategy by Korean Manufacturer (한국제조기업의 국내외 제휴 포트폴리오 전략 유형에 관한 연구)

  • Choi, Won-Woong;Yu, Cheon;Jung, Hun-Joo
    • International Area Studies Review
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    • v.20 no.4
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    • pp.121-145
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    • 2016
  • The purpose of this study is to identify the strategy of alliance portfolio and to compare the firm's characteristics and internal capabilities of each strategy for the successful utilization of alliance. We conducted a cluster analysis and ANOVA on 477 samples, which have alliance experience among the manufacturers responding to the Business Survey by Statistical Office in both 2012 and 2013. As a result of the analysis, it was found that firms have alliance portfolio based on strategy such as exploration, exploitation, and ambidextrity. There are statistically significant differences in the number of patents, technology capability, marketing capability, and global capability among the alliance portfolio strategy type.