• Title/Summary/Keyword: global

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Revisiting the Role of Imported Inputs in Asian Economies

  • Woocheol Lee
    • Journal of Korea Trade
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    • v.27 no.5
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    • pp.113-136
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    • 2023
  • Purpose - Global production chains and their impacts on economic growth have drawn extensive attention from researchers. Close relationships among global production chains, export and economic growth have been illuminated, as evidenced by the fast and stable economic growth of East Asian economies. These economies perform various roles within global production chains using offshoring, in which the impact of import on domestic gross output is as strong as that of export. The impact of import on economic growth would depend on whether imported inputs substitute or complement domestic inputs production, which is likely to vary according to individual countries' functions within global production chains. The economic growth of concerned countries would also be diverse. However, little attention has been paid to the impact brought by imports compared to its significance. Design/methodology - The principal methodology used in this paper is structural decomposition analysis (SDA), widely chosen to elucidate the impact of various factors on domestic gross output using input-output tables. This paper extracts trade data of six Asian economies from the World Input-Output Database (WIOD) 2016 release that covers 43 countries for the period 2000-2014. The extracted data is then categorised into 37 sectors. First, this paper calculates the Feenstra-Hanson Offshoring Index (OSI) of each country. It then applies SDA to measure the changes in each economy's gross output, export, import input coefficients, and domestic input coefficients. Finally, after taking the first difference from pooled time-series data, it estimates the correlations between imported input coefficients and OSI using the ordinary least square (OLS) method. Findings - The main findings of this paper can be summarised as follows. Firstly, all six countries have increasingly engaged in global production chains, as evidenced by the growing size of OSI. Secondly, there are negative correlations in five countries except Japan, with sectoral differences. Thirdly, changes in import input coefficients are not negative in all six countries, indicating that offshoring does not necessarily substitute for domestic inputs production but does complement it and, therefore, fosters their economic growth. This is observed in China, Indonesia, Korea and Taiwan. Offshoring has led to an increase in the use of imported inputs, which has, in turn, stimulated domestic inputs production in these countries. Originality/value - While existing studies focus on the role of export in evaluating the impact of participating global production chains, this paper explicitly examines the unexplored impact of import on domestic gross output by considering both the substitution and the complementary effect, using the WIOD. The findings of this paper suggest that Asian economies have achieved fast and stable economic growth not only through successful export management but also through effective import management within global production chains. This paper recommends that the Korean government and enterprises carefully choose offshoring strategies to minimise disruption to domestic production chains or foster them.

An Analysis of IPA for the Improvement of University Start-up Support System: Focusing on the Case of the D University (대학 창업지원제도 개선방안 도출을 위한 IPA분석: D대학 사례를 중심으로)

  • Nam Jung-Min;You, Hyun-Kyung;Kim, Yun-Hee;Kang, Eun-Jeong;Lee, Hyun-Seok;Jang, Kyoung-Hwa;Kim, Su-Jin
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.17 no.2
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    • pp.53-64
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    • 2022
  • The purpose of this study is to analyze the difference in importance and performance of the university start-up support system focusing on D university students to grasp the perception of the start-up support system provided the university from the perspective of students who are real users. Through this, a plan for qualitative growth and advancement of the university start-up system was derived using the IPA (importance-performance analysis) analysis. The findings are as follows. The importance of all elements of university start-up education and start-up support system is higher than the performance, which means that the start-up education and support programs currently implemented by universities are recognized as important, but do not play a big role in terms of performance for students. In addition, the highest priority factors for improvement in the importance-performance matrix were funding and investment support, start-up space and facilities support, management advisory, patent and intellectual property support, and entrepreneurship field practice. Therefore, This study can be used as objective data to identify the factors that universities should focus on and establish a start-up support system from a long-term perspective, and to build and operate a start-up support system that reflects the needs of students.

An Exploratory Study of the Determinants of Global Sourcing Intention in Korean Clothing Sewing Industry: Focusing on Women's Knit Wear Production (국내 의류봉제 산업의 글로벌소싱 의향 고려요인 연구: 여성니트복종(women's knit wear) 생산을 중심으로)

  • Dabin Yoo;Sunwook Chung
    • Asia-Pacific Journal of Business
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    • v.14 no.4
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    • pp.67-85
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    • 2023
  • Purpose - This study seeks to investigate the determinants of global sourcing intention in clothing sewing industry, in particular with its focus on women's knit wear production. Design/methodology/approach - This study collected a unique set of qualitative data through 31 in-depth interviews with fashion brands, promotion agencies, and sewing factories between July 2023 and October 2023. In addition, it analyzed the dataset using the MAXQDA to complement the research findings. Findings - We have two findings. First, the interviewees commonly mentioned the following factors as reasons for considering global sourcing: the human factors(aging of skilled technicians and labor shortages), the financial factors(gap in production unit prices at home and abroad), the relational factors(lack of novelty), and the physical factors(loss of production infrastructure and network), while the human factors(skilled workforce), the production factors(delivery date and product quality), and the relational factors(timely communication and mutual trust) as reasons for continuing domestic sourcing. Additional code analysis of interview also supports this finding. On the other hand, there was also a subtle difference between buyers(brands) and suppliers(promotion agencies and processing plants), and buyers consider the exact delivery date critical so that they could see trend-sensitive women's knit wear on time, and suppliers took production costs, labor costs, and labor shortages, which are financial factors, more seriously. Research implications or Originality - This study provides a richer and more balanced view of existing literature, which has generally tended to introduce global sourcing across the clothing industry despite the existence of various diversity within the industry. In addition, through qualitative research, we introduce that the sewing industry is carried out according to complex factors, and by revealing and categorizing the determinants of global sourcing, we supplement the existing research on the clothing sewing industry centered on survey. On a practical note, this study introduces that there is a difference in view of domestic sourcing and global sourcing between buyers(brands) and suppliers(promotion agencies and sewing factories), suggesting practical implications for revitalizing networks and deriving win-win cooperation network models among members in the future.

Dynamic Behaviors of Oscillating Edge-Flame in Low Strain Rate Counterflow Diffusion Flames (저신장율 대향류확산화염에서 진동불안정성을 갖는 에지화염의 동적거동)

  • Park, June-Sung;Kim, Hyun-Pyo;Park, Jeong;Kim, Jeong-Soo;Keel, Sang-In
    • 한국연소학회:학술대회논문집
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    • 2006.10a
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    • pp.65-72
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    • 2006
  • Experiments in methane-air low strain rate counterflow diffusion flames diluted with nitrogen have been conducted to study the behavior of flame extinction and edge flame oscillation in which flame length is less than the burner diameter and thus lateral conduction heat loss in addition to radiative heat loss could be remarkable at low global strain rates. Critical mole fraction at flame extinction is examined with velocity ratio and global strain rate. Onset conditions of edge flame oscillation and flame oscillation modes are also provided with global strain rate and added nitrogen mole fraction to fuel stream (fuel Lewis number). It is seen that flame length is closely relevant to lateral heat loss, and this affects flame extinction and edge flame oscillation considerably. Edge flame oscillations in low strain rate flames are experimentally described well and are categorized into three: a growing oscillation mode, a decaying oscillation mode, and a harmonic oscillation mode. The regime of flame oscillation is also provided at low strain rate flames. Important contribution of lateral heat loss even to edge flame oscillation is clarified.

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Multi-temporal NDVI Change Patterns and Global Land Cover Dynamics (다중시기 NDVI 변화 패턴과 토지 피복상태의 변화에 관한 연구)

  • Seong, Jeong-Chang
    • Journal of the Korean Association of Geographic Information Studies
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    • v.3 no.3
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    • pp.20-30
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    • 2000
  • Average annual NDVI values from the NOAA/NASA Pathfinder AVHRR Land Data Sets from 1982 to 1994 showed comprehensive systematic displacement patterns in Asia. Inter-annual growing season data, however, did not show such systematic patterns. The most likely cause for the abrupt displacements, which appear especially in 1982, 1989 and 1990, may be changes in satellite sensors, although global warming, El Ni$\tilde{n}$o-Southern Oscillation events, changes in processing algorithms, and changes in land-use patterns in various parts of Asia may also play some role. The results suggest that researchers must be extremely careful in their inter-annual global change research, since direct use of the raw data could cause unexpected results. Growing-season NDVI shows decreases throughout most of Southeast Asia and modest gains in northern China and some parts in India, which could be related to land-use and land-cover changes.

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Development and Evaluation on a Model for Reducing SO2: Case Study on Global 2100 Model (산성비 원인물질인 이산화황 저감모형 구축과 평가에 관한 연구: Global 2100 모형을 중심으로)

  • Lee, Dong-Kun
    • Journal of Environmental Impact Assessment
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    • v.6 no.2
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    • pp.93-102
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    • 1997
  • Acid rain below pH 5.6 is responsible for 40% of annual precipitation in Korea and it is more serious especially in major cites. Because of that, it is urgent to make measures to reduce the emission of $SO_2$, one of the major air pollutants causing acid rain. The national total emission of $SO_2$ in 1994 was estimated as 1.6 million tons. The $SO_2$ emission in 2020, is expected to increase up to 3.2 million tons, about 2 times that of 1994 under Business-As-Usual scenario. We could take various $SO_2$ reduction measures such as installing desulfurization facilities, the supply of low-sulfur oil and clean fuel(LNG), energy savings, upgrading of production process. However, it is necessary to check the economic feasibility and the attainability to reduction target with a dynamic optimization mode, "Global 2100 Model". The cost-benefit analyses for the measures using the revised "Global 2100 Model" clearly revealed that the desulfurization facilities should be introduced to reduce the $SO_2$ concentration to 0.01 ppm with fuel substitution. If the introduction of desulfurization facilities is delayed, We can not attain the goal of Ministry of Environment before the year of 2012, even in the case that almost all the fuels would be substituted with LNG.

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Validation of the Atmospheric Infrared Sounder Water Vapor Retrievals Using Global Positioning System: Case Study in South Korea

  • Won, Ji-Hye;Park, Kwan-Dong;Kim, Du-Sik;Ha, Ji-Hyun
    • Journal of Astronomy and Space Sciences
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    • v.28 no.4
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    • pp.291-298
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    • 2011
  • The atmospheric infrared sounder (AIRS) sensor loaded on the Aqua satellite observes the global vertical structure of atmosphere and enables verification of the water vapor distribution over the entire area of South Korea. In this study, we performed a comparative analysis of the accuracy of the total precipitable water (TPW) provided as the AIRS level 2 standard retrieval product by Jet Propulsion Laboratory (JPL) over the South Korean area using the global positioning system (GPS) TPW data. The analysis TPW for the period of one year in 2008 showed that the accuracy of the data produced by the combination of the Advanced Microwave Sounding Unit sensor with the AIRS sensor to correct the effect of clouds (AIRS-X) was higher than that of the AIRS IR-only data (AIRS-I). The annual means of the root mean square error with reference to the GPS data were 5.2 kg/$m^2$ and 4.3 kg/$m^2$ for AIRS-I and AIRS-X, respectively. The accuracy of AIRS-X was higher in summer than in winter while measurement values of AIRS-I and AIRS-X were lower than those of GPS TPW to some extent.

Effect of Neurosteroid Modulation on Global Ischaemia-Reperfusion-Induced Cerebral Injury in Mice

  • Grewal, Amarjot Kaur;Jaggi, Amteshwar Singh;Rana, Avtar Chand;Singh, Nirmal
    • The Korean Journal of Physiology and Pharmacology
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    • v.17 no.6
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    • pp.485-491
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    • 2013
  • The present study was designed to investigate the putative effect of neurosteroid modulation on global ischaemia-reperfusion-induced cerebral injury in mice. Bilateral carotid artery occlusion followed by reperfusion, produced a significant rise in cerebral infarct size along with impairment of grip strength and motor coordination in Swiss albino mice. Administration of carbamazepine (16 mg/kg, i.p.) before global cerebral ischaemia significantly attenuated cerebral infarct size and improved the motor performance. However, administration of indomethacin (100 mg/kg, i.p.) attenuated the neuroprotective effect of carbamazepine. Mexiletine (50 mg/kg, i.p.) did not produce significant neuroprotective effect. It may be concluded that the neuroprotective effect of carbamazepine may be due to increase in synthesis of neurosteroids perhaps by activating enzyme ($3{\alpha}$ HSD) as indomethacin attenuated the neuroprotective effect of carbamazepine. The sodium channel blocking effect of carbamazepine may not be involved in neuroprotection as mexiletine, a sodium channel blocker, did not produce significant neuroprotective effect.

Global company with a focus on case analysis of the longevity factor (글로벌 기업사례를 통해 본 장수요인 분석)

  • Choi, Seung-Il;Kim, Dong-Il
    • Journal of Digital Convergence
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    • v.11 no.12
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    • pp.237-243
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    • 2013
  • Companies engaged in the enterprise, while still at the start will have social responsibility. But recently, more and more companies will shorten the life expectancy of a corporate environment and is also rapidly changing. In this study, the longevity of global enterprises through the company's longevity factor analysis, that has continued to gain corporate answer. DuPont's global corporate giant Siemens and the longevity of the two factors in analyzing the factors that change the business portfolio, risk management, and continuous research and development, trust management, environmental management and other factors have been described. This ongoing internal and external environment analysis and core competencies by strengthening the implementation of responsible management as the core of the upcoming general management are appearing.

A Study on Korean fisheries' Globalization level: focusing on LIT and IIT (우리나라 수산업의 글로벌화 수준 평가 -국제연계도 및 국제통합도 분석을 중심으로-)

  • Hong, Hyun-Pyo;Ma, Chang-Mo
    • The Journal of Fisheries Business Administration
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    • v.41 no.2
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    • pp.61-79
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    • 2010
  • The objective of this study is to examine Korean fisheries' globalization level. For that, this paper discusses structural changes of world fisheries and level of korean fisheries' globalization. Fisheries' globalization is measured by comparison of IIT(intra-industry trade) and LIT(level of international trade) on eleven countries(Netherland, UK., USA, France, Japan, Spain, Korea, Taiwan, Thailand, Indonesia, Philipinnes). And analysis data are obtained from UN-UNCTAD PC-TAS and FAO Fishstat. As a result of measure of fisheries' globalization, Netherland is the most globalization country of eleven countries. And the next order is Spain, UK, France, Thailand, Taiwan etc. We can classify these countries into four types. Type I is 'International linkage and integration global indutstry' inculding Netherland, UK, Spain, France. Type II is 'Interantional integration global industry' including Taiwan and S. korea. Type III is 'international linkage global industry' including none of eleven countries. Finally, type IV is 'domestic demand and self-sufficient industry'including Thailand, USA, Japan. So we can name the type of korean fisheries' globalization as 'interantional integration global industry'. Usually this type is evaluated that level of international trade is not high but level of intra-industry trade is high. As a result, from now, we should consider policy directions of korean fisheries whether to decide one of four types or not.