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Analysis on the inhibitory effects of frozen pepper imports from China by tariff-rate quota, a trade policy tool using a structural equation model

  • Hong, Seungjee;Han, Sukho;Jang, Heesoo
    • Korean Journal of Agricultural Science
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    • v.47 no.2
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    • pp.337-347
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    • 2020
  • Since 2012, despite the fact that tariff rate quotas (TRQ) in the form of dried peppers has not been imported, the imports of pepper-related items such as low- tariff frozen peppers (27%) and other sauces (45%) have increased, there has been a problem in the domestic pepper industry, in which the domestic self-sufficiency rate has declined. The purpose of this study was to find out whether the operation of chili pepper TRQ has the effect of suppressing the imports of pepper-related items from China. We analyzed the import substitution effect (import suppression effect) through causal analysis of the imports of red pepper TRQ, frozen peppers, and other sauces using the structural equation model analysis method. As a result of the hypothetical scenario analysis, when the government imports and releases 7,185 tons of pepper TRQ in 2019/20 (scenario), private imports were estimated to decrease by only 3,060 tons. In other words, the import substitution effect between imported items was estimated to decrease about 2,079 tons of private dried peppers, and about 981 tons of imported pepper-related items. There was an effect of suppressing the imports of pepper-related items such as frozen peppers, but it was analyzed to be insignificant. That reason was that the replacement substitution elasticity of the pepper-related items for TRQ import was less than 1 (inelastic). Therefore, it is judged that the government's operation of the pepper TRQ is preferably focused on stabilizing domestic prices rather than focusing on import control of pepper-related items.

Study on the selection of transport route for import-export container cargo based on the environmental cost (환경비용을 고려한 수출입컨테이너 화물의 운송경로 선택에 관한 연구)

  • 김상현;고창두
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2003.05a
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    • pp.304-310
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    • 2003
  • In this paper, we investigate the selection of transport route for import-export container cargo based on the sacrifice model and environmental cost of transport route. At first, sacrifice model. environmental cost of transport, the transportation and the transport share of import-export container cargo are investigated briefly. And next, the transport time and cost, the environmental cost which is caused by cargo transport are investigated for the transport of import-export container cargo from Pusan Port to Seoul. And also we calculate the sacrifice of each route by using the sacrifice model including the environmental cost. Finally we decide the transport route of import-export container cargo by using the sacrifice of each transport route. From the research results, we confirm that the road transport share decreases and the coastal transport share increases when the environmental coast of transport is considered.

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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.

The Study for the Production of Rehmannia Glutinosa and the Import Movement and the Improving Methods of Distribution (국내 지황 생산 및 수입 동향과 유통 개선방안에 관한 연구)

  • Yeon Bok Kim;Kwang Jin Chang;Chang Ha Park;Sang Un Park
    • Journal of Practical Agriculture & Fisheries Research
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    • v.25 no.2
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    • pp.5-11
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    • 2023
  • Rehmannia glutinosa is a perennial herb belonging to the family Scrophulariaceae and is used in traditional oriental medicine. This study was carried out current status of breeding of R. glutinosa, its problems, and the matters to be improved were made. Based on the research data published so far, this study summarized the characteristics of breeds cultivated in Korea and compared and analyzed the status of cultivation area, production, import, and price changes for 15 years from 2008 to 2021. The cultivated area of R. glutinosa is gradually decreasing, and the amount of import is increasing and decreasing repeatedly. Amount of import has declined significantly. There was a lot of disinfection and disposal in the middle of import, and dried Jihwang and Sukjihwang were imported without distinction. R. glutinosa must be cultivated and supplied as a variety desired by the industry, cultivation techniques need to be taught to producers. In order to clearly identify the amount of import, import code of dried Jihwang and Sukjihwang must be classify. In addition, it is necessary to develop and supply harvesting agricultural machines for mechanization. For the stable income of producers, supply control through contract cultivation will ensure stable farm income.

Import Demand in Developed Economies & Korean Exports (선진국 수입수요가 우리나라 수출에 미치는 영향)

  • Choi, Moon Jung;Kim, Kyung Kuen
    • Economic Analysis
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    • v.25 no.1
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    • pp.34-65
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    • 2019
  • This paper investigates the effects on Korean exports of demand in developed economies, and how these effects have changed since the global financial crisis. As a measure of import demand, we use import intensity-adjusted demand to take into account heterogenous import intensities across components of aggregate demand. Our estimation of a dynamic panel regression model reveals that Korea's exports to the G7 countries were elastic with respect to the import demand of these countries until the global financial crisis, but have shifted to become inelastic since. Furthermore, we separately estimate the effects of the different components of the G7 countries' aggregate demand (private consumption, public consumption, investment and exports). The results show that the decrease in private consumption in the G7 countries during the crisis had a significant impact in causing the decline in Korea's exports to them, but that the increase in their public consumption since the crisis has had a significant effect on driving increased Korean exports to them. The effects of the G7 countries' exports on Korea's exports to them remain positive and significant during both the pre- and post-crisis periods. The effects of the G7 countries' investments on Korea's exports are also positive and significant, but the positive effect has weakened since the crisis. Our findings suggest that the overall effect of changes in the G7 countries' import demand on Korea's exports to them has weakened compared to the pre-crisis period.

A Study on the Countermeasures Taken By the Korean Healthcare and Life Sciences Industry Regarding U.S. Import Refusals: Focus on the Analysis of FDA Violation Codes (한국 바이오헬스 산업의 미국 수입거부 대응 방안 연구 : FDA 위반코드 분석을 중심으로)

  • Yu-Han Lee;Hag-Min Kim
    • Korea Trade Review
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    • v.48 no.3
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    • pp.131-150
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    • 2023
  • The purpose of this study was to find a countermeasure to the U.S. import refusals for the Korean healthcare and life sciences industry. To this end, an analysis of trends during the pandemic was conducted using the KITA Border Rejection Database, which includes information on items and types of import refusals. The reason for rejection was also analyzed according to the FDA violation codes. The degree of countermeasure for import refusals was identified by measuring the unit rejection rate (URR). The results of the analysis showed that the major U.S. import refusals for the Korean healthcare and life sciences industry had expanded from contact lenses to COVID-19 diagnostic kits and drugs after the pandemic broke out. The major reasons for import refusals were non-compliance with the Predicate Device and Drugs Act and non-approval by the FDA for products and facilities. On the other hand, the unit rejection rate (URR) of major items in the Korean healthcare and life sciences industry was measured higher than the industry average. The results therefore showed a low level of response to U.S. import refusals. The results of the analysis of reasons for import refusals by item according to FDA violation codes were as follows. First of all, the main violation for contact lenses and COVID-19 diagnostic kits corresponded to misbranding. This was often due to the fact that Korean companies did not provide the relevant notices and information required by the FDA. Many cases also failed to demonstrate a substantial equivalency compared to predicate devices already on the market. On the other hand, applications for new unapproved drugs were not accepted as they had yet to pass relevant regulations that would prove their safety and efficacy. In conclusion, import refusals for the Korean healthcare and life sciences industry were found to be closely related to technical barriers to trade (TBT).

Forecasting Export & Import Container Cargoes using a Decision Tree Analysis (의사결정나무분석을 이용한 컨테이너 수출입 물동량 예측)

  • Son, Yongjung;Kim, Hyunduk
    • Journal of Korea Port Economic Association
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    • v.28 no.4
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    • pp.193-207
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    • 2012
  • The of purpose of this study is to predict export and import container volumes using a Decision Tree analysis. Factors which can influence the volume of container cargo are selected as independent variables; producer price index, consumer price index, index of export volume, index of import volume, index of industrial production, and exchange rate(won/dollar). The period of analysis is from january 2002 to December 2011 and monthly data are used. In this study, CRT(Classification and Regression Trees) algorithm is used. The main findings are summarized as followings. First, when index of export volume is larger than 152.35, monthly export volume is predicted with 858,19TEU. However, when index of export volume is between 115.90 and 152.35, monthly export volume is predicted with 716,582TEU. Second, when index of import volume is larger than 134.60, monthly import volume is predicted with 869,227TEU. However, when index of export volume is between 116.20 and 134.60, monthly import volume is predicted with 738,724TEU.

The Effects of the Changes of Economic Variables on the Import Container Volume of Gwangyang Port (경제변수의 변동이 광양항 수입컨테이너 물동량에 미치는 효과)

  • Mo, Soo-Won
    • Journal of Korea Port Economic Association
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    • v.25 no.3
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    • pp.269-282
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    • 2009
  • This study investigates the difference of behavioral patterns between the import container volume of all ports and that of Gwangyang port in Korea. All series span the period January 1999 to December 2008. I first test whether the series are stationary or not. I can 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 at the 5 percent significance level. I hitherto make use of variance decompositions and impulse response functions, both of which have now been widely used to examine how much movement in one variable can be explained by innovations in different variables and how rapidly these fluctuations in one variable can be transmitted to another. The variance decompositions for the import container volume show that the proportions of the forecast error variance of import container volumes explained by themselves are 30 and 26 per cent after 12 months, respectively. As a result, innovations in exchange rate and business activity explain 70 and 74 per cent of the variance in the import container volume. All in all, innovation accounting indicates that import container volumes are not exogenous with respect to exchange rate and business activity. The impulse responses indicate that container volumes decrease sharply to the shocks in exchange rate and decay very slowly to its pre-shock level, while container volumes respond positively to the shocks in the business activity and disappear very slowly, showing that the shocks last very long. Furthermore Gwangyang port is more sensitive to the change of the exchange rate and the industrial production than all ports.

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Transaction Pattern Discrimination of Malicious Supply Chain using Tariff-Structured Big Data (관세 정형 빅데이터를 활용한 우범공급망 거래패턴 선별)

  • Kim, Seongchan;Song, Sa-Kwang;Cho, Minhee;Shin, Su-Hyun
    • The Journal of the Korea Contents Association
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    • v.21 no.2
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    • pp.121-129
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    • 2021
  • In this study, we try to minimize the tariff risk by constructing a hazardous cargo screening model by applying Association Rule Mining, one of the data mining techniques. For this, the risk level between supply chains is calculated using the Apriori Algorithm, which is an association analysis algorithm, using the big data of the import declaration form of the Korea Customs Service(KCS). We perform data preprocessing and association rule mining to generate a model to be used in screening the supply chain. In the preprocessing process, we extract the attributes required for rule generation from the import declaration data after the error removing process. Then, we generate the rules by using the extracted attributes as inputs to the Apriori algorithm. The generated association rule model is loaded in the KCS screening system. When the import declaration which should be checked is received, the screening system refers to the model and returns the confidence value based on the supply chain information on the import declaration data. The result will be used to determine whether to check the import case. The 5-fold cross-validation of 16.6% precision and 33.8% recall showed that import declaration data for 2 years and 6 months were divided into learning data and test data. This is a result that is about 3.4 times higher in precision and 1.5 times higher in recall than frequency-based methods. This confirms that the proposed method is an effective way to reduce tariff risks.

An Empirical Study on the Determinants of e-Trust in Import Agency Service Mall (수입대행몰에서 e-신뢰의 결정요인에 관한 연구)

  • Song, Chae-Hun;Song, Sun-Yok
    • International Commerce and Information Review
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    • v.11 no.3
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    • pp.3-24
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    • 2009
  • Import Agency Service Mall, providing customers not only with convenient shopping experiences but also with purchasing, warehousing, shipping, and customs clearance services, have been playing a significant role in rapidly transforming Korean consumers into global consumers. The consumers' great demand for foreign goods(services) has created Import Agency Service Mall(referred to hereafter as IASM) as a new business model of distribution and consumption, which seems to be grown rapidly. This empirical research investigates online shoppers for their trust dimensions for IASM. Consequences of the research are as follows: First, perceived reputation, web-site quality have influenced upon e-trust dimension of the IASM. Second, the level of e-trust consumers is more higher, and then the level of perceived risk is more lower. Third, perceived risk have not influenced upon intention to reuse the IASM. Fourth, the level of e-trust consumers is more higher, and then the level of intention to reuse the IASM is more higher. It is necessary for IASM to be developed its reputation and web-site quality in order to obtain customer's trust. Accordingly, this research will be helping IASM have insight for marketing strategies, and constantly should be studied about action and mind of consumer.

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