• 제목/요약/키워드: Trade between Korea and China

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한.중간 무역경쟁력 분석 -섬유.전기전자.운송.기계산업을 중심으로- (An Analysis on Trade Competitiveness between Korea and China)

  • 이성아;신경수
    • 통상정보연구
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    • 제8권4호
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    • pp.45-69
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    • 2006
  • First, the trade competitiveness of the textile industries in South Korea has been weakening, whereas, the counterpart in China has been growing as the main export industries. Second, the trade competitiveness of the mechanics industries in South Korea has been increasing and appearing as the new promising strategic export industries. And, the counterpart in China also shows that it has been rising, while the country’s level of the imports specialization index has been weakening. Third, the trade competitiveness of the transportation industries in South Korea has been rising as the export-oriented and at the same time, privileged industries. And, China has also been rising as South Korea has been in the case, whereas, imports specialization index has been weakening. Fourth, the trade competitiveness of the electrical and electronic industries in South Korea has relatively been at the very high level, giving rise to the core export-privileged industries in the South Korea. And, China has been emerging as the new strategic export industries, as its industry structure has been shifted from the import- specialization and export-specialization industries. Fifth, it is indicated that the trade in the both South Korean and Chinese industries of fable materials, mechanics goods for computer & office, and goods for electric mechanics has been going favorable and brisk.

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The influence of public dispute on trade/investment disputes: Case of SsangYong Motors

  • Kim, Jong-Ho
    • International Journal of Contents
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    • 제8권2호
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    • pp.75-81
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    • 2012
  • This study explores the important causal relationship between the public (domestic) and trade (international) disputes of South Korea and China. To understand the relations between the domestic and international disputes, Putnam's study of the two-level game theory has been conducted in order to analyze the effect of complicated social and political frameworks on international trade disputes. Due to the social and political differences between South Korea and China, this study provides three findings based on negotiation, policy, and strategic approaches.

A Study on Maritime Trade between Korea, China and Japan in the CheongHaeJin of the 9th Century

  • 한낙현;박명섭;김병조
    • 무역상무연구
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    • 제34권
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    • pp.109-131
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    • 2007
  • This paper has focusing CheongHaeJin's maritime trading activities between Korea, China and Japan in the 9th century. In operation of CheongHaeJin which Chang BoGo was given a key role, CheongHaeJin creates three nation's wealth in triangular trade among Korea, China and Japan. And also, CheongHaeJin's contribution is considerable to the maritime trade development of Northeast Asia through establishing trading advance base in China and Japan, and organizing Shilla's people in China. Chang BoGo justified the control over small business groups of the west and south sea of Korea and the east and south sea of China by keeping pirates away His trade groups controlled foreign trade of three countries: Shilla, the Dang Dynasty of China and Japan. They connected Persia, India, Southeast Asia, and China. CheongHaeJin's key success factors of the maritime activities are summarized as follows; There is a possibility of searching that successful factor from the people of operator of CheongHaeJin. Based on oceanic adventurous spirit with character and progressive thinking could complete the rally of sea influence and composition of fleets. Secondly, the success factor is the excellent operational ability and leadership which learned in the Dang Dynasty of China. Thirdly, In 9th century, International political context was suitable for CheongHaeJin's construction and operation. Such political circumstances had given to CheongHaeJin remunerative position. Finally, Although central government could not maintain the sea traffic securities, Chang BoGo's ocean trading fleets guaranteed the safe fishing industry of people and security of sea traffic.

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국제 해운 운임지수와 미국과 중국의 무역 불확실성 사이의 의존성 구조 분석 (Analysis of dependence structure between international freight rate index and U.S. and China trade uncertainty)

  • 김부권;김동윤;최기홍
    • 한국항만경제학회지
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    • 제36권4호
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    • pp.93-106
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    • 2020
  • 무역은 국가 경제에 중요한 경제활동이다. 특히, WTO 출범 이후 2001년 중국의 WTO 가입, 다자간 무역체계의 확립, 자유무역협정(FTA) 등으로 무역의 범위가 확대되고, 국가 간 무역장벽의 완화 및 통합화로 인해 무역시장의 규모가 확대되고 있다. 그러나 무역시장 규모가 확대됨에도 불구하고, 2008년 글로벌 금융위기, 2016년 브렉시트, 2018년 미·중 무역전쟁과 같은 극단적인 사건 발생하여 무역시장이 직접적으로 타격받고 있다. 이에 본 연구는 무역활동을 대변하는 변수인 국제 해운 운임지수와 미국, 중국 무역 불확실성 사이의 의존구조를 분석 하였다. 분석 결과를 요약하면 다음과 같다. 첫째, 미국, 중국 무역 불확실성과 국제 해운 운임지수 조합의 결합분포가 각각 Frank copula, rotated Clayton copula 270°으로 나타나, 미국, 중국 국가별로 동일한 분포 구조를 보이는 것으로 나타났다. 둘째, Kendall's tau 상관관계를 살펴보면, 국제 해운 운임지수와 미국, 중국 무역 불확실성 사이에 음(-)의 의존성을 갖지만, 의존성 정도는 중국 무역 불확실성과 국제 해운 운임지수의 조합에서 더 크게 나타났다. 즉, 전 세계 수요와 무역 불확실성의 의존성은 미국보다 중국이 더 강하다는 것을 확인하였다. 마지막으로, 꼬리 의존성 결과를 살펴보면, 미국, 중국 무역 불확실성과 국제 해운 운임지수가 서로 독립적인 관계로 나타났다. 이는 무역 불확실성의 극단적인 사건 혹은 국제 해운 운임지수의 극단적인 사건이 발생해도 서로 영향을 받지 않는 것으로 의미한다.

Macroeconomic Buffer Effects of Mega-FTA Formation: A CGE Analysis for Korea

  • Jung, Jae-Won;Kim, Tae-Hwang
    • Journal of Korea Trade
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    • 제23권3호
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    • pp.118-137
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    • 2019
  • Purpose - As global trade disputes intensify and global trade uncertainty increases due to the prevailing trade protectionism all over the world, mega-FTAs such as the RCEP and CPTPP are suggested as strategic trade policy options for export-driven small open economies, such as Korea. This paper aims to provide a comprehensive analysis of Korea's mega-FTA participation and the induced implications for the Korean economy. Design/methodology - We use a multi-region, multi-sector global CGE model, and investigate the different effects of both the US-China and US-EU trade wars on the relative changes in GDP, welfare, and trade under different trade policy regimes; (i) Korea does not participate in any mega-FTA, (ii) Korea participates in the RCEP, and (iii) Korea participates in the CPTPP. Findings - We show, among others, that though industrial effects might be largely varied, the overall enlarging of free trade zones through multilateral mega-FTA participation may contribute significantly to the macroeconomic soundness and stability of Korea, even when global trade protectionism prevails. Under RCEP and CPTPP trade regimes, Korea's GDP may increase even when the global trade environment deteriorates as trade wars occur and intensify between the US and China, or between the US and EU. It is also estimated that RCEP participation increases Korea's GDP, welfare (measured in equivalent variation), and total trade by 1.12%, $1.09 billion, and 2.54%, respectively, while CPTPP participation increases them by 0.19%, $0.92 billion, and 0.13%, respectively. Originality/value - Existing studies usually focus on the direct impacts of mega-FTA participation on macroeconomic variables such as GDP, welfare, and trade, and do not consider the possible buffer effects of a mega-FTA when the global trade environment worsens. In this paper, we analyze and quantify not only the direct impacts of RCEP and CPTPP on the main macroeconomic variables but also the possible buffer effects of the RCEP and CPTPP in the cases of the US-China and US-EU trade wars.

A Study on the Substantial impact of US high rate tariff policy on the Korean companies -Based on analysis of Article 301 of the US Trade Law -

  • Nam, Seon Mo
    • International Journal of Advanced Culture Technology
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    • 제7권4호
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    • pp.63-68
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    • 2019
  • Recently, the United States and China have declared a 25% retaliatory tariff for the partner country products of 50 billion dollar scale. "Trade war" is getting full swing. Such conflicts between economic powers may spread to Japan like the domino phenomenon following the EU (European Union) and become bigger in the global trade war. As a result, Korea has an economic system with a high degree of external dependence, and there is an expert's analysis that it will become the largest victim of the global trade war. If the WTO Dispute Settlement Authority approves this US 301 retaliation measure in the same way as the past case (US-EU hormone-treated beef imports), the United States will not import any Chinese imported products Chinese products) can be imposed. If the US launches a special 301 or super 301, which is stronger than the regular 301, then China is very likely to enforce US retaliation against it, and the trade war between the two countries could become a reality. This phenomenon is likely to have a negative impact on Korean companies. In particular, Korea, which is highly reliant on intermediate goods exports to China, is expected to suffer a great deal of damage. Therefore, Korea needs flexible response at home and abroad, it is necessary to enhance the autonomy of companies and protect export industries. Adjusting corporate tax rate as well as domestic industry height will be one way. The long-term (21 months) trade war between the United States and China has resulted in economic uncertainty. The resulting damage must be compensated. It is necessary to prepare the compensation through the economic council between countries. In the future, the punitive damage compensation system should be introduced.

국제 탄소배출권 가격의 동태적 조건부 상관관계 분석 (An Analysis of Dynamic Conditional Correlation among International Carbon Emission Trading Prices)

  • 나단단;이은화
    • 무역학회지
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    • 제47권1호
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    • pp.99-114
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    • 2022
  • This paper analyzed the dynamic conditional correlation between the carbon emission trading prices of Korea, China, EU, New Zealand. This paper was analyzed using the daily data of carbon emission trading prices of each country from January 12, 2015 to January 13, 2021 using the DCC-GARCH model. Summarizing the research results, first, the dynamic conditional correlation between carbon emission trading prices in the EU, Korea, and China, excluding New Zealand, was strong, indicating that there was a co-movement phenomenon. Second, it was found that carbon emission trading prices in major countries have a stronger tendency to co-movement due to global shocks. Third, it appears that the dynamic conditional correlation between the carbon emission trading prices of Korea and China is gradually strengthening. This study confirmed that the co-movement between carbon emission trading prices in Korea and other countries gradually intensified as time passed. In particular, it is meaningful in suggesting the implication that the phenomenon of co-movement between carbon emission trading prices in Korea and China is gradually intensifying.

미얀마와 한·중·일의 무역패턴 분석 (The pattern of trade between Myanmar and Korea, China and Japan)

  • 최영준;이가은
    • 국제지역연구
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    • 제20권4호
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    • pp.3-22
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    • 2016
  • 본 논문은 미얀마의 개혁과 개방이후의 무역패턴을 분석하고 동아시아의 한국과 중국 및 일본과의 무역패턴을 분석하였다. 미얀마의 비교우위구조와 국제분업구조를 RCA지수와 TSI지수를 이용하여 분석하였다. 분석기간은 개방 직후인 2012부터 자료 확보가 가능한 최근 2014으로 하였으며, 무역자료는 UN comtrade를 사용하였다. 분석결과 미얀마는 개방이후에 무역의 급격한 성장을 이루고 있을 뿐만 아니라 분업의 구조도 변화되고 있었다. 개방으로 2차산품의 무역비중이 증가하였을 뿐만 아니라 비교우위도 1차산품에서 2차 노동집약산업으로 이동하고 있었다. 한국과 중국 및 일본과의 무역에 있어서도 주로 1차산품과 노동집약재 중심으로 수출이 이루어졌다. 동아시아 3국간의 무역의 구조를 비교하면, 한국은 아직 미얀마와 초기단계의 무역구조를 보이고 있는 것으로 분석되었다. 즉 중국과 일본은 미얀마와 무역 관계가 안정적인데 반해, 한국과 미얀마의 무역은 비교우위 패턴이 안정적이지 않은 것으로 나타났다.

Study on Logistics Industry Cooperation between Shandong and South Korea

  • Li, Xiaopeng
    • 산경연구논집
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    • 제3권2호
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    • pp.23-27
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    • 2012
  • Purpose - The objective of the paper is to explain the economy and trade development between South Korea and Shandong, strengthening logistics Industry cooperation of both sides increasingly important. Research design, data, methodology - The study conducted a survey on Shandong is the earliest economy and trade exchanges with South Korea in China. Shandong and South Korea share the similar geopolitical, the same culture and long exchange history etc. Results - This study explores current situation and existing problems the logistics cooperation between Korea and Shandong, and recommendations so as to further trade between two sides. Conclusions - Logistics cooperation of China and South Korea is an important part of the international logistics cooperation in Northeast Asian Economic Circle, and the logistics cooperation between Shandong and South Korea occupies an important position in logistics cooperation of China and South Korea.

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남북 농업부문 교역이 동북아(한·중·일)의 교역구조에 미치는 영향 분석 (The Effect of Inter Korean Agriculture Trade on Trade Structure in Northeast Asia)

  • 조성택;김기환
    • 한국유기농업학회지
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    • 제29권4호
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    • pp.459-469
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    • 2021
  • Until now, research on inter-Korean economic cooperation and economic integration has been limited to the areas of the two Koreas. However, Korea is connected with many countries in Asia through the global value chain. Thus, if inter-Korean trade deepens, it may affect the trade structure of neighboring countries. In order to establish a specific inter-Korean economic integration policy when North Korea becomes a normal state in the future, an analysis that reflects the trade structure including Northeast Asia must be preceded. Therefore, in this paper, the impact of inter-Korean trade on Korea, China and Japan was analyzed using the international input and output table containing actual trade data. The scope of analysis was limited to agriculture, reflecting North Korea's demand for economic cooperation. The results show that trade in the agricultural sector between the two Koreas did not have a significant effect of production and value added. but when China and Japan participate in trade with North Korea, the production effect was calculated to be as high as 4 million dollars in Korea and up to 10 million dollars in Japan. And China showed up to 520 million dollars. In addition, the value-added effect was calculated up to $1 million in Korea, up to $4 million in Japan, and up to $250 million in China.