• Title/Summary/Keyword: Trade Structure

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The Origin-Destination analysis of KORUS trade volume using spatial information (공간정보를 활용한 한-미 교역액의 기종점 분석)

  • Kang, Hyo-Won
    • International Commerce and Information Review
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    • v.18 no.3
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    • pp.47-72
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    • 2016
  • The Government of Korea has always focused on developing and maintaining a surplus on the balance of payments as a successful trade policy. The focus should now be on spatial information hiding, revealing patterns in trade activities that enable viewing trade in a more sophisticated manner. This study utilizes trade statistical data such as the United States-South Korea imports and exports from 2003 to 2015 officially released by the two countries. It allows us to analyze and extract the spatial information pertaining to the origin, transit, and destination. First, in the case of export data to the United States, the origin of the trade goods has expanded and decentralized from the metropolitan area. With regard to transit, in 2003, most of the exported goods were shipped by ocean vessels and arrived at the ports on the western coast of the United States. However, trade patterns have changed over the 12-year period and now more of that trade has moved to the southern ports of the United States. In terms of destination, California and Texas were importing goods from South Korea. With the development of the automotive industry in Georgia and Alabama, these two states also imported huge volumes of automobile parts. Second, in case of import data, most imported goods from the United States originated from California and Texas. In this case, 40% of goods were shipped by air freight and arrived at the Incheon-Seoul International Airport; most ocean freight was handled at the Port of Busan. The purpose of this study is to decompose the spatial information from the trade statistics data between Korea and the United States and to depict visualized bilateral trade structure by origin, transit, and destination.

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Economic Integration and Structural Changes in the International Agro-Food Trade Network (경제통합과 농식품 교역의 국가 간 네트워크 변화)

  • Hyun, Kisoon;Lee, Junyeop
    • Journal of the Economic Geographical Society of Korea
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    • v.19 no.1
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    • pp.83-103
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    • 2016
  • This paper examines the characteristics of structural change in the international agro-food trade network with a global trend of the FTA diffusion. By focusing on the centralities and the community structure to identify the agro-food trade network, we use the social network analysis and the trade data contained of 07, 08, 20, and 21 at the 2-digit HS product level among 45 countries over the last 15 years. The main analytical results are as follows: 1) Not only has intra trade network intensified more than inter-regional trade, but also, there is no doubt that inter-regioanl trade by linking has steadily increased. 2) EU countires have the high indices of centrality, which have already been highly integrated. 3) Intraregional agro-food trade network for fresh vegetables and processed food sector in Asia is shown to be strongly integrated. This finding suggests that the processes of economic integration will help strengthen the trade network for agro-food in a culturally homogeneous region. 4) The case of Korea's participation in the RCEP and TPP, Korea's power in the agro-food network tends to be reinforced, especially in the processed food sector. Overall, there is a need for establishment of spatial strategies and policies across the different regions for Mega FTAs.

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A Study on the Novel TIGBT with Trench Collector (트렌치 콜렉터를 가지는 새로운 TIGBT 에 관한 연구)

  • Lee, Jae-In;Yang, Sung-Min;Bae, Young-Seok;Sung, Man-Young
    • Journal of the Korean Institute of Electrical and Electronic Material Engineers
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    • v.23 no.3
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    • pp.190-193
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    • 2010
  • Various power semiconductor devices have been developed and evolved since 1950s. Among them, IGBT is the most developed power semiconductor device which has high breakdown voltage, high current conduction and suitable switching speed which perform trade-offs between each other. In other words, there are trade-offs between a breakdown voltage and on-state voltage drop, and between on-state voltage drop and turn-off time. In this paper, the new structure is proposed to improve a trade-off between a breakdown voltage and on-state voltage drop. The proposed structure has a trench collector and this trench collector induces an accumulation layer at the bottom of an n-drift region during off-state. And this accumulation layer prevents expansion of depletion layer so that trapezoidal electric field distribution is performed in the n-drift region. As a result of this, breakdown voltage is increased without increasing on-state voltage drop. The electrical characteristics of the proposed IGBT is analyzed and optimized by using representative device simulator, TSUPREM4 and MEDICI. After optimization, the electrical characteristics of the proposed IGBT is compared with NPT IGBT which have the same device thickness. As a result of this, it can be confirmed that the proposed structure increases the breakdown voltage of 800 V than that of the conventional NPT IGBT without increasing the on-state voltage drop.

A Study on Characteristic Improvement of IGBT with P-floating Layer

  • Kyoung, Sinsu;Jung, Eun Sik;Kang, Ey Goo
    • Journal of Electrical Engineering and Technology
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    • v.9 no.2
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    • pp.686-694
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    • 2014
  • A power semiconductor device, usually used as a switch or rectifier, is very significant in the modern power industry. The power semiconductor, in terms of its physical properties, requires a high breakdown voltage to turn off, a low on-state resistance to reduce static loss, and a fast switching speed to reduce dynamic loss. Among those parameters, the breakdown voltage and on-state resistance rely on the doping concentration of the drift region in the power semiconductor, this effect can be more important for a higher voltage device. Although the low doping concentration in the drift region increases the breakdown voltage, the on-state resistance that is increased along with it makes the static loss characteristic deteriorate. On the other hand, although the high doping concentration in the drift region reduces on-state resistance, the breakdown voltage is decreased, which limits the scope of its applications. This addresses the fact that breakdown voltage and on-state resistance are in a trade-off relationship with a parameter of the doping concentration in the drift region. Such a trade-off relationship is a hindrance to the development of power semiconductor devices that have idealistic characteristics. In this study, a novel structure is proposed for the Insulated Gate Bipolar Transistor (IGBT) device that uses conductivity modulation, which makes it possible to increase the breakdown voltage without changing the on-state resistance through use of a P-floating layer. More specifically in the proposed IGBT structure, a P-floating layer was inserted into the drift region, which results in an alleviation of the trade-off relationship between the on-state resistance and the breakdown voltage. The increase of breakdown voltage in the proposed IGBT structure has been analyzed both theoretically and through simulations, and it is verified through measurement of actual samples.

Target Leverage and Determinants of Leverage in Shipping Companies (해운 기업의 목표 레버리지와 레버리지 결정요인)

  • Yeo, Hee-Jung
    • Korea Trade Review
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    • v.43 no.2
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    • pp.181-204
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    • 2018
  • This study examines the existence of a target leverage and determinants of book and market leverage. A data set of shipping firms from 2009 to 2016 was used to conduct an empirical study. The target leverage which cannot be observed in the market is estimated using a partial-adjustment model of firm capital structure. This study found that factors affecting the capital structure differ with respect to firm size, book value leverage and market value leverage. Shipping firms have a target leverage, adjust the actual leverage toward that target leverage, and consider the target leverage as an optimum leverage. The deviation of the leverage from the target leverage plays an important role to explain changes of leverage level. The greater the deviation results in greater adjustment of shipping firms toward targets. A high level of initial debt reduces leverage changes.

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Multiple Objective Manpower planing Model Considered with Advance Rate for Officer's Native (장교 출신별 진출율을 고려한 다목표 인력계획모형)

  • 민계료
    • Journal of the military operations research society of Korea
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    • v.24 no.1
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    • pp.157-175
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    • 1998
  • This paper develops multiple objective manpower planning model in order to design and adjust manpower structure and flow when advance rate for officer's native is considered. The state transition in manpower structure is analyzed using Markov chains. Multiple objectives in the model are security of advance rate, satisfaction of rank's number of personnel, and stability of the number of recruit personnel for officer's native. Trade - off of these objectives is made to evaluate manpower structure and flow. Solutions of this model are obtained by LINGO package.

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Ownership Structure and Syndicated Loan Maturity

  • Lee, Sang-Whi
    • The Korean Journal of Financial Management
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    • v.25 no.3
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    • pp.155-173
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    • 2008
  • Controlling for the impacts of main strands of debt maturity theories, we highlight the relationship between syndicated loan maturity and ownership structure of Korean borrowers. We find that as the ownership of large shareholders increases, the maturity of syndicated loans also increases. Additionally, we identify a negative relation between foreigners' ownership and loan maturity, indicating that foreign institutional investors serve valuable monitoring functions; as their equity shares increase, they fully take advantage of frequent renewals through the short maturity of syndicated loan. We also show that the predicted value of leverage is more systematically and positively related to the maturity of syndicated loan.

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A Study for Improving Trade and Commerce between Korea and Russia

  • Park, Ho-Yong;Lee, Kil-Nam
    • International Commerce and Information Review
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    • v.11 no.3
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    • pp.339-361
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    • 2009
  • This paper attempts to provide a way to improvement in trade & commerce between Korea and Russia, analyzing the influence of the circumstances of the Russian economy on economic relations between the two countries. The study briefly reviews the current situation of the Russian economy, and tries to examine the strong points to be considered as leverage for cooperation and the weak points to be overcome. Previous studies have determined that the Russian economy has unlimited potential for growth, because it is endowed with abundant resources, and has a government willing to reform for the opening of the economy, as well as high-quality labor. However, the economic structure is vulnerable to impact of the worldwide financial crisis. It is not possible to overlook its institutional fragility and vulnerability such as a corrupt bureaucracy or a relatively large black market. These undesirable factors may not only undermine the basis of Russia economy but also a hindrance to economic cooperation by increasing economic uncertainty. This paper attempts to analyze comprehensively the socio-economic factors that influence the open-economy of Russia, and to illustrate strategies for improvement in trade and commerce through the viewpoint of Korean firms that are already in business or are trying to enter in the near future. Some measures to improve their economic cooperation are suggested at the end.

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A Study on the Construction Method of HS Item Classification Decision System Based on Artificial Intelligence

  • Choi, keong ju
    • International Journal of Advanced Culture Technology
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    • v.8 no.1
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    • pp.165-172
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    • 2020
  • Industrial Revolution means the improvement of productivity through technological innovation and has been a driving force of the whole change of economic system and social structure as the characteristic of technology as the tool of this productivity has changed. Since the first industrial revolution of the 18th century, productivity efficiency has been advanced through three industrial revolutions so far, and this fourth industrial revolution is expected to bring about another revolution of production. In this study, the demand for the introduction of artificial intelligence(AI) technology has been increasing in various business fields due to the rapid development of ICT technology, and the classification of HS(harmonized commodity description and coding system) items has been decided using artificial intelligence technology, which is the core of the fourth industrial revolution. And it is enough to construct HS classification system based on AI technology using inference and deep learning. Performing the HS item classification is not an easy task. Implementation of item classification system using artificial intelligence technology to analyze information of HS item classification which is performed manually by the current person more accurately and without any mistake, And the customs administrations, customs offices, and customs agencies, it is expected to be highly utilized in the innovation of trade practice and the customs administration innovation FTA origin agent.