• Title/Summary/Keyword: export production

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Analysis of Obstacles in the Export Process of Korean Ginseng (고려인삼 수출과정에서의 장애요소 분석 - 중국, 홍콩, 대만에 대한 고려인삼 수출을 중심으로)

  • Hongjian Lin
    • Journal of Ginseng Culture
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    • v.6
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    • pp.116-134
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    • 2024
  • This study aimed to identify the issues in Korean ginseng exports through analyzing the ginseng market. Therefore, the study examined the current ginseng production status in South Korea and China, the major ginseng-producing countries in Northeast Asia, including cultivated areas, harvested areas, and production volumes. For South Korea, specific data on ginseng, such as average prices, operating costs, and production costs, were compiled to demonstrate the production competitiveness of Korean ginseng from a production perspective. Furthermore, as major ginseng-exporting countries, South Korea, China, and Hong Kong's export trends, including export quantities, export values, and export prices, as well as crucial export items and tariff rates, were summarized to showcase the export competitiveness of Korean ginseng. Additionally, this study aimed to understand the consumption patterns of ginseng in China, Hong Kong, and Taiwan by presenting various cases and events in these countries. Based on information related to production, export, and consumption, this study identified obstacles in the ginseng export process, including market downturns, weakened price competitiveness of Korean ginseng, increased market share of competing products like Chinese and Western ginseng, a lack of promotion and marketing, and insufficient development and export of various ginseng products. In response, strategies for overcoming these obstacles were proposed, including diversifying exports, establishing effective production systems, enhancing quality and branding, strengthening promotion and marketing efforts, and developing various ginseng products.

Analysis of Indonesian Rubber Export Supply for 1995-2015

  • MULYANI, Mulyani;KUSNANDAR, Kusnandar;ANTRIYANDARTI, Ernoiz
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.93-102
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    • 2021
  • This study aims is to determine the factors that influence Indonesian rubber export supply based on the export destination countries. Indonesian rubber export supply is thought to be influenced by the variables like the volume of Indonesia rubber exports, the price of Indonesian natural rubber, the volume of domestic rubber production, the export volume of the previous period, the rupiah exchange rate against US$, the interest rate and real Gross Domestic Product (GDP). The data used is the annual time series from 1995-2015 based on export countries encompassing the United States, China, and Japan. Multiple linear regression with the Ordinary Least Square (OLS) method is applied to analyse the data. The results showed that the volume of Indonesian rubber exports to China is not influenced by domestic natural rubber prices and the Rupiah exchange rate against the Chinese Yuan. The volume of Indonesian rubber exports to Japan is influenced by the volume of domestic rubber production. The volume of Indonesian rubber exports to the three destination countries is influenced by the volume of domestic rubber production, interest rate, and real GDP.

Fulfilling the Export Potential of Agricultural Production in the Context of Aggravating Global Food Crisis

  • Hassan Ali Al-Ababneh;Ainur Osmonova;Ilona Dumanska;Petro Matkovskyi;Andriy Kalynovskyy
    • International Journal of Computer Science & Network Security
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    • v.24 no.7
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    • pp.128-142
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    • 2024
  • Creation and implementation of export-oriented strategy is an urgent issue of economic development of any country. In an export-oriented model of economic development, exports should be a means of promoting economic growth and a tool to strengthen existing and potential competitive advantages. Agricultural production is the key factor in exports and the source of foreign exchange earnings in many countries. However, the export potential of agricultural producers may be inefficiently fulfilled due to the heterogeneity of countries in terms of economic development, trade relations and border policy. The aim of the research is to study the nature, main trends and problematic aspects of fulfilling the export potential of agricultural production in the context of aggravating food crisis. The study involved general scientific methods (induction and deduction, description, analysis, synthesis, generalization) and special (statistical method, economic analysis, descriptive statistics and interstate comparisons, graphical method). The need to ensure food security by countries around the world urges the importance of the agricultural sector as a catalyst for economic development, sources of foreign exchange earnings, investment direction, etc. The study of agricultural specialization led to the conclusion that wheat and sugar are goods with the highest export potential. It is substantiated that the countries of South America, OECD, North America and Europe have the highest level of realization of export potential of agricultural production, and African countries are import-dependent. In addition, the low export orientation of Africa and Asia due to the peculiarities of their natural and climatic conditions is established based on the assessment of export-import operations in the regional context. The internal and external export potential of each of the regions is analysed. Economic and mathematical simulation of assessing the impact of the most important factors on the wheat exports volumes was applied, which allowed predicting wheat exports volume and making sound management decisions regarding the realization of the export potential of agricultural companies. The inverse correlation between the exports volume and wheat consumption per capita, and the direct correlation between the effective size and area of land used for wheat cultivation was established through the correlation and regression analysis.

The Impact of Export Instability on Economic Growth: Evidence from Jordan

  • ABU-LILA, Ziad M.;ALGHAZO, Abdalwahab;GHAZO, Abdallah
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.8
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    • pp.13-19
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    • 2021
  • To provide empirical evidence on the impact of export instability on economic growth in developing countries, this study estimated the neoclassical production function using data of the Jordanian economy for the period 1995-2019. Real exports, real capital, and export instability were the independent variables in the production function. To determine the appropriate methodology for estimating the production function, the study conducted some preliminary tests, including the Augmented-Dickey Fuller (ADF), on the study data. The results of this test indicated that all study variables were stationary at first difference. Therefore, the Johanson cointegration test was applied to determine that there was cointegration between the study variables since the results of the former test indicated that there was one cointegration vector between these variables. The cointegration equation revealed a positive and statistically significant impact of real capital, real exports, and an indicator of export instability on economic growth. The most important policy implications for these results would be reducing the geographical concentration of exports through the expansion of free trade agreements (FTA) to enhance the positive impact of the instability of exports on economic growth. Moreover, the study recommends strengthening export-oriented actions to achieve higher levels of economic growth.

The study for the production of Korean medical crops and the export-import movement and the improving methods of them (한국의 약용작물 생산 및 수·출입 동향과 개선방안에 관한 연구)

  • Kim, Minhui
    • The Korea Journal of Herbology
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    • v.32 no.2
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    • pp.1-16
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    • 2017
  • Objective : The study was for researching the activation methods about Korean overall medical crops business from 2010 to 2016. In addition, it was to be given to examining complement points and improving methods to the changeable domestic market of medical crops caused by a considerable export-import amount of them. Methods : By examining and analyzing data for the trend of medical crops production and their export-import trend from 2010 to 2015, I found it valuable to use it as the basic resources for researching the urgent problem of medical crops' business and its improvement. Results : 1. As surveying the trend of the domestic medical crops over the recent six years, I found that the export amount of them has drastically decreased, while the import amount has increased. And so, the prices of the domestic medical crops and their production are unstable. 2. By developing standardized medical crops which a trading counterpart country could prefer, we have to promote the export competitiveness. 3. We should reinforce an origin mark and geographical mark practice for domestic herbal materials and expand GMP. 4. We should prepare a standardization of herbal medicines by setting up an independent governmental department. Conclusion : 1. The government should present an appropriate supply-demand amount of the medical crops depending on the domestic needs and the export-import transactions. 2. There should be an institutional supportive system which is able to guarantee stable incomes of farmers through contract cultivation. 3. We should develop high value standardized medical crops.

Studies on the Actual Status of Production, Management and Export of Traditional Food Processing Company in Kyungpook Province (경북 지역 전통식품 가공업체의 생산.경영 및 수출실태 연구)

  • Lee, Ho-Cheol;Yun, Jin-Suk;Mun, Gwang-Deok
    • Food Science and Preservation
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    • v.4 no.2
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    • pp.197-213
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    • 1997
  • The actual status of production, management and export of 96 traditional food processing companies which supported by the government in Kyungpook province were investigated. Governmental support contributed to the increase of farmhouse income, employment and depreciation of agricultural products a bit, but it was supported mostly to unexperienced party. Technologies for food processing developed in institute and college were little. 42 percent of packaging design was developed by service commission, but the agency was very limited. Total export price in 1996 was 2.3 billion Won, but it was decreased in 1997. The responce to the prospect of traditional food processing work, 37.5 percent replied that this work can bring up as exportable product, but ambiguious response was a little. To settle a weakness of farming food processing work, the establishment of special marketing comapny was required and this company should accomplish marketing advertizing and exporting business.

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Export Behaviors of the Passenger Cars of Gunsan, Pyeongtaek and Ulsan Port (항만별 승용차 수출 행태: 군산항.평택항.울산항)

  • Mo, Soo-Won
    • Journal of Korea Port Economic Association
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    • v.27 no.2
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    • pp.27-38
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    • 2011
  • The paper aims at examining the behavioral characteristics of the passenger car export of Gunsan, Pyeongtaek, and Ulsan port. This is accomplished by modelling export demand as exchange rate and the Unites States industrial production. All series span the period January 2001 to December 2010. I first show that both the series and the residuals are stationary at the 5 percent significance level. The result cannot reject the null hypothesis of a unit root in each of the level variables and of a unit root for the residuals from the cointegration regression at the 5 percent significance level. I hitherto make use of forecast error decomposition and historical decompositions The forecast error decomposition indicates that car export is endogenous to industrial production and exchange rate. The historical decompositions for the export show that the entire difference between actual export and the base forecast can be attributed to industrial production shocks since exchange rate moves closer to the actual data or the base forecast. It indicates that industrial production outperforms exchange rate in explaining the passenger car exports.

An Analysis on the Determinants of Employment in Chinese Economy (중국경제의 고용결정요인분석)

  • Yoo, Il-Seon
    • International Area Studies Review
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    • v.15 no.2
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    • pp.175-196
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    • 2011
  • The developing countries have a lot of dormant resources, attempting the take-off of economic growth. The theory of 'vent for surplus' and Lewis model provide a good cornerstones to analyze the effect of export, FDI and domestic production on employment. This paper attempts to do empirical test to figure out what factor is significant as the determinant of Chinese employment. For this test, the estimation equations are derived from the Cobb-Douglas production function. The results are that the domestic production affects the most positive employment, compared to FDI and export. Unlikely general expectation, export doesn't have an substantial effect on employment in China. It is also found that the absorption of technology through export is lower than that of FDI in terms of the effect of technology on employment. So it is suggested that the employment policy should be shifted toward the increase of domestic production by using FDI rather than by promoting export industry. to reduce the internal imbalance.

Observation of Bottom Water Renewal and Export Production in the Japan Basin, East Sea Using Tritium and Helium Isotopes

  • Hahm, Do-Shik;Kim, Kyung-Ryul
    • Ocean Science Journal
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    • v.43 no.1
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    • pp.39-48
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    • 2008
  • Tritium ($^3H$ or T) has been produced mostly by atmospheric nuclear weapon tests, and entered the ocean in the form of water (HTO). As tritium exists as water itself, it has been regarded as an ideal tool to study the transport of water masses. In April 2001 we collected water samples in the western Japan Basin (WJB) for tritium and helium measurement. The timely sampling provided direct evidence of the bottom water formation, resulting in the drastic increase in tritium concentration from 0.3 TU in 2000 to 0.67 TU in 2001. Considering that the new bottom waters were found mostly in the WJB, it implies that maximum 1% of the whole bottom layer below 2600 m should be replaced with the surface water during the severely cold winter 2000 2001. $^3H-^3He$ age, showing the elapsed time since the water left from the surface, can be used to calculate oxygen utilization rate by dividing AOU by the age. Under the condition of 90% oxygen saturation in the surface water, the integration of OUR in the water column below 200 m yields net oxygen consumption of 12 mol $(O_2)m^{-2}yr^{-1}$, which corresponds to the export production of $99\;g\;C\;m^{-2}yr^{-1}$. This estimate is comparable to a previous estimate based on satellite data and implies that the ratio of export to primary production(f-ratio) is as high as 0.5 in the WJB.

The Effectiveness and Proposal of Agri-Food Export Subsidies in GyeongBuk (경상북도 농산물 수출지원정책의 효과와 과제)

  • Heeho Kim
    • Korea Trade Review
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    • v.47 no.2
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    • pp.1-18
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    • 2022
  • This paper examines the effects of export subsidies on agricultural food exports, focusing on a case of Gyeongsangbuk-do. Using monthly data of agricultural food exports during 2007-2020 and the GLS regression analysis, we test the hypothesis whether the export subsidies would increase the exports of four major agri-food categories with three digit codes of HS such as fruits, vegetables, flowers, and mushrooms. Evidence shows that the export subsidies had statistically significant impacts on the agri-food exports except flowers. In order to test the robustness of the analysis, the agri-food export subsidies are reclassified into four sub-subsidy policies, and the analysis re-examines the effects of the sub-subsidies on agri-food exports. It shows that export policies for production stabilization, logistics, and overseas marketing promote the exports of agri-foods significantly. Alternative export policies are drawn in this study since the existing subsidies conflict with the WTO agricultural agreement.