• Title/Summary/Keyword: trade specialization index

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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.

Effect Analysis of Korea Economic about the Growth Slowdown of China Economic under FTA (FTA 시대에 중국 경제의 성장둔화가 한국경제에 미치는 영향분석)

  • Kim, Kyoung-Hee;Yoo, Seung-Gyun
    • International Commerce and Information Review
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    • v.16 no.5
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    • pp.225-248
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    • 2014
  • Korea and China signed an FTA at November 10, 2014. The entry of China - the factory of the World - can be more active and easier. But Recently, China's economic growth is slowdown, and it began to emerge as a voice of concern. Therefore I analyze Chnia's economic slowdown is the impact on Korea's economy in this study. This study presented current trends and future prospects on China's economic situation. The changes of China's economic growth are the reduction of economic growth rate, falling proportion of processing trade, and the competition relationship of two countries. So they will be analyzed on this study. And this study presents ways that Korea economy reacts for China's economic growth slowdown. Trade statistics system of Korea International trade Association(KITA) is leveraged for this analysis. For competition relationship analysis, I analyze to use Contribution to the Trade Balance, Trade Specialization Index, Revealed Comparative Advantage of Country.

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An Analysis on the Competitiveness of Japanese Steel Products in Korea: Focus on the Structural Changes of Supply and Demand in Korea Steel Industry

  • Lee, Seoung-Taek
    • Journal of Korea Trade
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    • v.25 no.4
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    • pp.1-16
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    • 2021
  • Purpose - This study reviews changes in the steel export-import structure between Korea and Japan to strengthen the competitive advantage of the Korea Steel industry using a trade-related index. Design/methodology - This study focuses on analyzing comparative advantage based on the trade intensity index (TII), revealed comparative advantage index (RCA), and trade specialization index (TSI). Findings - Korea's steel import from Japan increased due to the domestic supply shortage of HR (Hot Rolled Coil) and Plate, rather than the sharp decline of the domestic steel industry's competitiveness in 2010. However, after the completion of Hyundai Steel's blast furnace, the Korea Steel industry solved the supply shortage. Additionally, the import of Japanese steel products had decreased significantly from 2009 to 2019. Originality/value - This study attempts to analyze Japanese steel products' competitiveness in trade and the domestic influence of high-quality Japanese steel products. These results are connected to domestic steel supply and demand structure and relations with the Japanese steel industry. After completing Hyundai Steel's blast furnace, the Korea Steel industry solved the supply shortage, and the import of Japanese steel products has decreased significantly from 2009 to 2019.

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.

A Study of the Impacts on Electronic Distribution Industry after Korea-China FTA

  • Zhang, Ming-Lai;Lee, Sung-Joon
    • The Journal of Industrial Distribution & Business
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    • v.8 no.6
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    • pp.33-40
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    • 2017
  • Purpose - This study attempted to discover the impact of the Korea-China FTA(Free Trade Agreement) on electronic products distribution industry. Strategies will be provided to expand both countries' trade after the Korea-China FTA. Research design, data, and methodology - This study analyzed the differences before and after the Korea-China FTA, using an RCA(Revealed Comparative Advantage) index, TC(Technology Sophistication Index) index and TSI(Trade Specialization Index) that considered the FTA tariff situation. Data was collected from the International Trade Statistics Database and Korea, China Customs Service. Results - The results indicate that following the Korea-China FTA, China and Korea's bilateral trade of electronic products is expected to expand, and both countries will experience net welfare gains from the markets' expansion. Korea is competitive in several key products, although it faces competition from China. China's electronic products' competitiveness have indicated an increasing trend. Conclusions - The two countries should closely cooperate and communicate with each other. Ultimately, Korea should focus on high-tech, sophisticated techniques to gain market advantage. On the other hand, with the tariff decrease as well as the labor cost and labor force base, China will greatly be able to benefit from the manufacturing of medium- to low-end products in the future.

A Study on the International Competitiveness of Korea′s Information and Telecommunication Industry (정보통신 산업의 국제 경쟁력 분석)

  • 지경용;강신원
    • Journal of Korea Technology Innovation Society
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    • v.1 no.3
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    • pp.364-373
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    • 1998
  • This study examines the international competitiveness of the Korean information and telecommunication industry by using competitiveness index such as the RCA index, the Trade Specialization index, and the Total Factor Productivity. The results of this study show that the industry's competitiveness slightly decreases since 1995, but not its the total factor productivity. In conclusion, the industry has kept the competitiveness over all. Therefore, to keep or improve the competitiveness continuously, the industry is required the government's intensive investment and administrative support. And the industry should bring up by venture and small-medium-size-enterprises to have great economic impacts on other industries. Also, the increasing production and export promoting policy will be enhance the industry and improve nation's balance of trade.

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Export Market Attractiveness Analyses of the Heavy Electric Equipment Industry (중전기기산업 수출시장 매력도 분석)

  • Moon, Chang-Kuen
    • International Commerce and Information Review
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    • v.10 no.4
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    • pp.277-298
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    • 2008
  • This study develops the market attractiveness assessment model and draws the strategic target markets and their corresponding exporting strategies through identifying the market positions in the dimensions of market attractiveness scores and market positional strength to achieve the innovative export promotion of Korean heavy electric industry and the resulting improvement and reversal of comparative-disadvantage position. In chapter 2, we analyze the stages of selecting target markets, the constructs and their measure variables of market attractiveness models, and the components and strategic policy implications of directional policy matrix. And in chapter 3, we identify the comparative advantage positions of Korean heavy electric industry in the global market through analyzing its trade structure, trends, balance, ratio-balance, and specialization index by the item and the region respectively. We find that the Asia/Pacific region is the most attractive export market of the Korean heavy electric equipment industry, the following important strategic target markets are the America, MENA, CIS/East Europe Regions in the order of their attractiveness and competitive position dimensions. In the mean time, the sub-Sahara Africa and West Europe region is shown to be the long-run-viewpoint target market requiring the innovation or divest strategies owing to their low attractiveness and the low market share of Korean exports.

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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 Qualitative Trade Competitiveness of China in IT Industry: A Comparison to Korea and USA

  • Yu, Jae-Seon;Ding, Hao
    • Journal of Korea Trade
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    • v.23 no.3
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    • pp.20-37
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    • 2019
  • Purpose - The purpose of this paper is to analyze the trade structure and competitiveness of China's information technology (IT) industry in comparison to that of Korea and the United States, particularly in terms of quality. Design/methodology/approach - Indices such as trade specialization index (TSI), Revealed Comparative Advantage (RCA), and Market Comparative Advantage (MCA) are used. Further, an Intra-industry Trade (IIT) index is used to analyze qualitative changes in horizontal intra-industry trade and intra-industry trade of high- and low-quality goods. Findings - China's IT industry has a comparative competitive advantage over that of Korea and the United States, and mainly exports goods of inferior quality and imports goods of superior quality. Further, China's horizontal intra-industry trade has been decreasing, while its vertical intra-industry trade has been increasing and vertical trade of inferior quality goods outweighs that of superior quality goods. This shows that China is rapidly catching up with Korea and the United States, even though its qualitative competitiveness has not significantly improved. Research limitations/implication - This study has academic and political implications, as it analyzes changes in China's IT trade competitiveness. However, it is somewhat limited as factors determining qualitative aspects has not been considered. Originality/value - Most studies aggregate analyses of export competitiveness using methodologies such as TSI, RCA, and market share. However, the focus of these methods is price competitiveness. Hence, an examination of the objective and qualitative trade competitiveness of China's IT industry is necessary. this study the trade structure and quantitative competitiveness of the industry by analyzing intra-industry trade focusing on the quality of competitiveness. Therefore, the changes in China's IT industry in the USA and Korea and in foreign trade competitiveness and quality competitiveness are clarified. The results show that the academic and policy implications of these changes in the IT industry will be a useful resource. This is the first study in Korea to attempt such an analysis. This is the first study in Korea to attempt such an analysis.

A Study on Selection of Strategic Export Items in Fisheries Sector for Korea-China FTA (한·중 FTA 대응 수산분야 전략적 수출품종 선정에 관한 연구)

  • Hwang, Su-Yeon;Kim, Do-Hoon
    • Journal of Fisheries and Marine Sciences Education
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    • v.27 no.1
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    • pp.170-183
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    • 2015
  • The objectives of this study is to analyze the competitiveness of fisheries trade between Korea and China, and to estimate strategic seafood export products for Korea-China FTA in fisheries sector. The results of analyses indicate that Korea has comparative advantages in export items such as spanish mackerel, flatfish, cod, roe in frozen fish(0303), and squid, sea cucumber, oyster in molluscs(0307). In addition, tuna in prepared or preserved fish(1604), sea cucumber in crustacean, molluscs and other aquatic invertebrates(1605) have comparative advantage in exporting to China.