• Title/Summary/Keyword: trade specialization

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The Effect Analysis of Korea-Japan FTA on Fisheries Sector (한.일 FTA체결에 따른 수산부문 영향 분석)

  • Lee, Kwang-Nam;Pak, Myong-Sop
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.22
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    • pp.227-254
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    • 2004
  • This paper focuses on the analysis of effects on fisheries sector following Korea-Japan Free Trade Agreement and the results are found as follows. In terms of national competitiveness, the RCA(Revealed comparative advantage) index shows that Korea is higher than Japan in most species items. And the calculation of TSI(Trade Specialization Index) finds that Korea is export specialized while Japan import specialized, showing that Korean fisheries sector is internationally more competitive than Japan. The tariffs on the marine products should be completely scrapped between Korea and Japan, export of marine products to Japan increases a mere 2%, while import from Japan 13.5%. In terms of value, annual export to Japan stands at 20,135thousand USD, while import from Japan at 12,137thousands USD, resulting in trade balance improvement of 8,000thousand USD in total. The tariff measures above is expected to have a positive effect on the related industry of marine products such as Oyster, Conger eel, Ark shells and Laver, but those involved in fisheries of Alaska pollack, Hair tail, Sea-bream(live fish), Red horsehead(frozen), Saury are expected to be negatively affected. Given the results of analysis above, the effects of FTA on the fisheries would be advantageous to Korea as a whole, but at the same time, the advantage and disadvantage sustained differs by fishery type and marine products. To that effect, negotiation strategies and countermeasures should be made, taking the results into account.

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An Analysis on the Korea Market Competitiveness of Japan Materials Industry -Focus on the Compound and Chemical Products- (일본 소재산업의 대 한국시장 경쟁력 분석 -화합물 및 화학제품을 중심으로-)

  • Kim, Ji-Yong
    • International Commerce and Information Review
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    • v.16 no.4
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    • pp.439-455
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    • 2014
  • Korea-Japan trade has been trade deficit for a long time and therefore this matter must be a settled urgently for continuous economic growth of Korea. For reasons mentioned above, this study pays attention to Japan materials industry which has induced trade deficit in the Korea-Japan trade and this study analyzed competitiveness of Japan materials industry in the Korea market. This study special regard will be paid to the Compound and Chemical Products in Japan materials industry. For attaining the purpose of study, we collected related statistical data and Market Share Index, Trade Specialization Index and Market Comparative Advantage Index used in study methodology From this analysis, we found that most of Japan material products have competitiveness in Korea market and chemical products used in photography & photo sensitized materials, paint & printing ink products particularly have very strong competitiveness in Korea Market.

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The Study of Korea-Japan Economic Cooperation by Megalopolis (초광역경제권(MegaloPolis)으로 본 한국-일본 간 경제협력에 관한 연구 - 부산-후쿠오카현 초광역경제권 형성을 중심으로 -)

  • Kim, Kyoung-Hee;Lee, Chang-Hyun
    • International Commerce and Information Review
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    • v.11 no.1
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    • pp.407-440
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    • 2009
  • I wish to examine plan about megalopolis formation with Japan and Busan, possess location condition that can be injured to center hub of North-east Asia. First for this, through competitive analysis of Korea and Japan in industrial structure, I will search competition relation. Second, examine what exports and specialization industry of two area are, through industrial structure of Busan and Kyushu area of Japan. Third, to form megalopolis, wish to present what business belt that can bind two area. Fourth, I wish to present preview point about this study in the conclusion. Examine from 2004 to 2007 through exports, degree of trade join(combination), index of trade specialization degree, index of Revealed comparative advantage, and etc, for analysis of this study how in changed industry competitive between two countries or two area have changed.

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중국 의약산업의 발전현황과 국제경쟁력 변화에 관한 연구

  • Kim, Yong-Seon
    • 중국학논총
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    • no.68
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    • pp.163-189
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    • 2020
  • 最近在世界医药市场, 新药研究开发能力卓越的美国和欧洲国际制药公司正在抢占先机的情况下, 韩国, 中国, 印度等亚洲国家为了发展蓝海的医药产业, 正在从政策上给予支持。 目前中国的医药市场规模为14亿庞大人口, 继美国之后居世界第二位, 但与医药企业销售额相比,R&D经费支出比重较低, 与全球制药企业相差甚远, 国际竞争力也较低, 主要出口医药原料品, 醫藥制成品主要依赖进口。但是最近中国政府积极推进医药产业结构调整和生物医药产业培育战略, 因此有必要关注中国医药产业的发展趋势。 本文首先对中国医药产业的发展现状和结构变化, 国际竞争力变化进行详细分析, 然后指出医药产业面临的课题, 加以分析. 最後从总体上来看,给予我们的启示是什么.

Analysis on Industrial Competitiveness for the Promotion of Trade Relations between Korea and China (한국과 중국 간의 교역관계 증진을 위한 산업경쟁력 분석)

  • Lee, Sung-Min;Kim, Chang-Beom
    • International Commerce and Information Review
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    • v.11 no.3
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    • pp.145-165
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    • 2009
  • Nowadays, economic growth of China has become an important issue. Due to the demographic position and the market size, China-Korea trade relationship has grown tremendously and significantly. The Chinese relationship with the Korean industry has considerably increased over the years. Various trade competitiveness indices such as TSI, MRCAI, and IITI have been applied to measure the competitive advantage and the complementary of market structure between these two countries. For this purpose, the dataset from the year 2000 to 2008 provided by KITA were used. The MRCAI result show that Korea has specialized in the product of semiconductor, communication equipment, precision machine, automobile, and nonferrous metal. The intra-industry trade level of Korean manufacturing industry is rising in line with the dominance of vertical intra-industry trade(VIIT) trend.

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A Study on the Policy for the Functional Development of the Pusan Port toward Pan-Pacific International Trade Center - (환태평양권 국제교역 중심도시로서의 성장을 위한 부산항만기능제고방안에 관한 연구)

  • Lee, S.H.
    • Journal of Korean Port Research
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    • v.6 no.1
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    • pp.3-36
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    • 1992
  • In according to the rapid economic growth and strengthening of economic cooperation of Asian-Pacific countries, Pusan is capable of developing to the international trade center of Pan-Pacific Area. Therefore a lot of functional preparations are required for the international trade center. First the expansion and functional specialization of harbor which is a gateway of international physical distribution is required. Second, raising physical distribution inducement effect through establishment of free trade zone and producing financial and information service accompanied with trade activity through establishment of international financial center and teleport are necessary. And the research complex of high technology (sciencepark) which utilizes the industrial base of Pusan area is necessary for the development of Pusan toward the international trade city. And the establishment of marine sightseeing complex in Pusan utilizing the ocean natural resource is helpful for the growth of Pusan to the international trade center.

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Analysis of changes in trade structure due to economic sanctions by Korea and Russia (한국과 러시아의 경제제재에 따른 무역구조 변화 분석)

  • Vlada Korsun;Tae-Kun Ahn
    • Korea Trade Review
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    • v.47 no.6
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    • pp.229-246
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    • 2022
  • In order to understand the economic damage of economic sanctions on trade between Korea and Russia, a trade structure analysis was conducted through statistics on import and export trade between Korea and Russia. Through the structural analysis of product trade, we tried to accurately analyze the current status of product trade between Korea and Russia. In the trade structure analysis, it was confirmed that the trade in goods between Korea and Russia decreased the most in market share and trade concentration. However, trade specialization, comparative advantage by market, and intra-industry trade index were not significantly affected despite strong economic sanctions. from Russia's point of view Smart measures are needed to address the current situation to avoid a greater economic downturn. The end of the war and the restoration of partnership with other countries are considered the most beneficial solutions for Russia and all countries, but it is difficult to predict how the war will go or what economic situation Russia will be in after the war.

Export Marketing Strategy through the Analysis of Intra-Industry Trade in Gwangju Region (광주지역의 산업내무역 분석을 통한 수출마케팅 전략)

  • Lim, Jun-Hyeong
    • International Commerce and Information Review
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    • v.15 no.3
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    • pp.25-39
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    • 2013
  • This study is to analyze Gwangju's trade structures with China, Japan and the United Sates, and to contribute, through clarification of product competitiveness, to minimizing free-trade-induced costs as well as maximizing profits from free trade. To obtain this study purpose, two export competitiveness indicators are used; they are Trade Specialization Index (TSI) and Grubel & Lloyd(GL) Index. Intra-industry trade is examined to see if there exists a technological gap between nations. Intra-industry trade is divided into two; Low Quality Vertical Intra-Industry Trade (LQVIIT) and High Quality Vertical Intra-Industry Trade (HQVIIT). Gwangju's trade with China is HQVIIT; Gwangju exports high-quality and high-priced items to China, and imports low-quality and low-priced ones. On the other hand, Gwangu's trade with Japan is mainly LQVIIT; Gwangju exports low-quality and low-priced processed stuffs to Japan, and imports high-quality and high-priced ones from Japan. While Korea-US is mainly of both high-quality and low-quality Vertical Intra-Industry Trade; Gwangju exports low-quality and low-priced items as well as high-quality and high-priced items to the USA. Based on the analysis result, export marketing strategies are presented as follows: the transition to high value-added export system, the local entry networking, government support for trade exhibition, offer of special program on local small businesses.

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The Analysis on Export Competence of Ballast Water Management System in Korean Shipbuilding (우리나라 조선업의 선박평형수 처리장치 수출경쟁력 분석)

  • KIM, Sung-Kuk;HUR, Yun-Seok
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.72
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    • pp.185-210
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    • 2016
  • The climate change has become one of the most important global issues that require global responses. As one of the leading contributions to climate change, greenhouse gas emissions and Ballast Water Management have attracted growing attention from the international community. The International Maritime Organization (IMO) received its mandate to regulate International Convention for the Control and Management of Ships' Ballast Water and Sediments in 2004. The convention requires that every vessel must be equipped Ballast Water Management System (BWMS) in 2017. Based on this situation, this study aims to analyze the present state and data from the exports of BWMS(HS842121). The results show that as the most leading country in the field, Germany has the largest market share (14.33%), Revealed Comparative Advantage (RCA) index 1.76, and Trade Specialization Index (TSI) 0.636 in the world. The two other leading countries such as Denmark and Netherlands follows the ability of Germany. The Korean market share of HS842121 shows market share (5.98%) which is a bit bellow high compared to other countries. However the RCA index (1.85) presents the state of comparative advantage. In addition, Korea's TSI index (0.453) indicates that it is in the state of export specialization. The Korean BWMS and Shipbuilding industry maintain the state of export specialization. They are also in the state of import specialty. For Korea to raise its export competitiveness and to ensure shipbuilding competitiveness, it is necessary to intensify supporting systems and related policies.

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The Trade Disputes between Korea and China, and Its Preventive Measures of Korea (한.중 통상분쟁의 해결과 한국의 대응)

  • Lee, Sing-Young;Lee, Keon-Hyeong
    • Journal of Arbitration Studies
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    • v.17 no.3
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    • pp.81-99
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    • 2007
  • The purpose of this paper is to analyze trade disputes between Korea and China in terms of broad industrial policy concept and to derive some solution. It provide first a historical overview of the basic theory for the trade policy in the developing countries to see how the trade policy evolved the different stage of option and then try to highlight features of China's trade policy development after the capitalization. An attempt is also made to review the trade dispute in Kimchi in order to identify what are the underlying reasons for policy failure. Finally, we will try to suggest trade strategy with major policy directions which could be relevant for trade development of Korea today. The trade dispute issue with China has been newly coined referring to Korea's weakening economic stance among the two powerful Asians countries, China and Korea has always been closed partners geographically and economically. The study has stressed that the Koreans should not recoil from the trade crisis but to consider it as an opportunity. Rapidly growing Chinese manufacturing industry has heightened the importance of trade between Korea and China, indicating conversion in specialization from vertical to horizontal, according to the economic research so far. This paper has proposed strategy to cope with any trade disputes between Korea and China.

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