• Title/Summary/Keyword: trade structure

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Analysis of Competitiveness in Steel Distribution Industry between China and Japan

  • Lee, Jae-Sung
    • Journal of Distribution Science
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    • v.14 no.3
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    • pp.31-38
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    • 2016
  • Purpose - This paper reviews the change of steel export-import structure between Japan and China by the courtesy of international business reference index and stress to analyze comparative advantage under the circumstance of time-series evaluating database by 3 indexes. Research design, data, methodology - Per economic phase, both China-Japan have mutually a complementary base. Under this kind of view point, the reason why to conduct this study is to realize how this 2 country's trade competitiveness should be improved and strengthened. Results - Under this research data and analysis outcomes, bilateral intra-economy's potential supplementation is enormous. Additionally, expected benefits from here are so sufficiently assured as we compare them with any other regional economic integrated society. Conclusions - When we review our economic point of view, Northeast economic cooperations between China and Japan can provide a chance for industrial technological cooperations not only in steel business but also in other business areas. Come to think of the circumstance to accelerate competitions between 2 country's industries past time and acknowledge concrete resource supplier including expanding export market and diversification.

The Operating Structure of Multiple Incentive Contracts : Emphasis on Structuring with the Performance Incentives (다차원 유인부 계약의 운영구조 -성과유인의 구조화를 중심으로-)

  • Kim, Chung-Bon
    • Journal of the military operations research society of Korea
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    • v.6 no.1
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    • pp.79-92
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    • 1980
  • In cost-only incentive contract the emphasis is the attainment of efficient and effective cost control. In contrast multiple incentives contract correlates contractor's profit motives with the generalized government objective function, the decision variables of which are performance or quality (technical progress), time or schedule (timely development and delivery) and the cost (efficient and effective cost control) Under multiple incentive structure, it is essential to formulate the trade-off curves between cost and performance, which are called iso-fee curves. Trade-off curves depict the combination of cost and performance achievement for which the contractor will be rewarded with the same fee. The basic function of trade-off curves is to show he the contractor will be motivated by incentive arragement to trade off or sacrifice the achievement in one incentive element for the acnievment in another.

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A Study on the Competitive Structure of Transportation Items by Freight Railway Lines: The case of South Korea (화물철도 노선별 운송 품목의 경쟁구조에 관한 연구 : 우리나라를 중심으로)

  • Song, Min-Ju;Lee, Hee-Yong
    • Korea Trade Review
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    • v.44 no.4
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    • pp.153-168
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    • 2019
  • The logistics industry is changing with the diversification of demand and related technology development. Thus, the transportation system is also changing to social problems and environmental damage, and the importance of rail freight is increasing with changes in the international logistics environment. This study analyzes railway freight competition structure using freight volume and suggests improving the competitiveness of railroad freight. To achieve the research purpose, this study was conducted using the Hirshmann-Herfindahl Index(HHI) and Location Quotients(LQ) method. As a result, the concentration trend of railway trends has increased from 0.213 to 0.238 during the last 9 years, and LQ analysis has enabled the identification of local competition lines by item. The study result confirmed that policy measures on railway freight system, railway infrastructure construction and railway operation are necessary to enhance railway competitiveness.

A Study on International Business Competitiveness in Ship Industry

  • Lee, Jae-Sung
    • The Journal of Economics, Marketing and Management
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    • v.5 no.3
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    • pp.30-38
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    • 2017
  • The main target to do this analysis is to find out the competitiveness between 2 countries(Korea and USA) in the ship business industry. Ever since free from Japanese empire domination of modern history in Korean peninsular, Korea has been strong relationship with USA almost every fields. The purpose of this research is to realize which country is more competitive between 2 country's trade structure. This research conducted for period from 2000 to 2016. Expecting effect is to learn how to improve ship industry for 2 countries. Research method is used by comparative advantage trade theory. Even though Koran government has been accomplishing trade stimulus environment against USA ship industry, it is research limitation that overseas productions both Korean & USA are not available due to company business strategy. From early 50's, every USA industries hold a dominant position so far. Now, Korea is comparative advantage against that of USA in the field of ship industry. Sound competition relationship is good for both 2 countries for mutual benefits. The future prospect is Korea needs export market diversification to enlarge economic growth in the long run.

A Study on Improved Global Certification System for Global Electronic Trade Expansion -Based on the Identrus Certification System- (전자무역 확산을 위한 글로벌 인증시스템의 개선방안에 관한 연구 -아이덴트러스 인증시스템을 중심으로-)

  • Kim, Hag-Min;Choi, Seung-Shin
    • International Commerce and Information Review
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    • v.6 no.2
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    • pp.265-285
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    • 2004
  • The objective of this study has two folds. The first is to investigate current global certification system and the second is to suggest some possible solutions for expanding global e-trade networks. Both research and industrial communities recognize the importance of global certification problems in connection with global e-trade payment because global e-trade volume continue to grow. But not many research results have been reported to the communities in identifying some barriers against active global certification systems. This paper intents to suggest some possible solutions for improved global certification system and the results are summarized as follows: First, strict certification structure has to be relaxed by considering diverse mutual certification methods in global e-trade practice. This paper provides some comparative results about mutual certification methods among different nations. Second, numerous business models have to be derived such that they can be applied to other global certification applications than global e-trade. Third, global certified networks have to be expanded beyond mutual certification level. Once the certified structure among different nations have been established then diverse certified authority channels have to be implemented. Finally, since Korea has already established very good public certification infrastructure within the nation this platform has to be positioned in the center of global e-trade networks. This paper has of course to accept a critique such as this study provided limited results to generalized global e-trade certification model, and therefore empirical study for assessing robust model should be pursued in the future.

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A Study on the Method for Promoting Trade between Central Asian CIS Countries and the region Daegu-Gyeongbuk (중앙아시아CIS 국가를 활용한 대구·경북 무역의 활성화 방안 연구)

  • Ahn, Tae-Kun;Kim, Sung-Ryong
    • Korea Trade Review
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    • v.41 no.4
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    • pp.221-243
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    • 2016
  • This study examined the trade of the Central Asian CIS countries and the Daegu-Gyeongbuk region. These countries are rich in resources such as oil, natural gas and aluminum. These countries were switched to capitalist market economy after independence from the Soviet Union. So, these countries are considered as new emerging markets. This study analyzed the current status of trade between Daegu-Gyeongbuk region and Central Asian CIS countries. The result of analysis of the trade structure between the Daegu-Gyeongbuk and Central Asian CIS countries, and of the Daegu-Gyeongbuk region exports to Central Asian CIS countries showed insufficience when compared with the total export of korea. In this study, we used the gravity model to analyze the trade volume of the Daegu-Gyeongbuk region and Central Asian CIS countries. The result of analysis is that the globalization of Central Asian CIS countries appeared to be effective in increasing trade. In order to increase trade, Korea and CIS countries should strengthen their economic cooperation. Especially, these countries should try to implement FTAs for economic integration. The Central Asian CIS countries have an industrial structure that relies on resource exports. So, they have a blueprint for diversification of industries through national long-term plans. The Daegu-Gyeongbuk region's economy has been going through long-term stagnation. If the Daegu-Gyeongbuk companies can enter the Central Asian CIS countries, it can be a solution for the local economy.

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The Analysis of Trade Competitiveness for Korea-ASEAN Members in Northeast Asia's Trade Environment (동북아 무역환경에서 한국과 아세안 10개 회원국들과의 무역경쟁력 분석)

  • Han, Soo-Beom
    • Korea Trade Review
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    • v.44 no.4
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    • pp.51-66
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    • 2019
  • This study analyzes trade competitiveness by classifying the classification by item among Korea and the 10 ASEAN member countries into high level and medium-high level technology industry groups, medium level, medium-low level, and low-level technology industry groups. Before analyzing each of the 10 member states, I investigate the trade competitiveness between Korea and ASEAN, and analyze the trade competitiveness of Korea, especially among the 10 member countries, with Korea having a competitive industrial force. The study results revealed that trade with Vietnam was actively promoted, with Korea-Vietnam trade volume also growing far above that of other member states. And trade with Korea was brisk in the order of Singapore, Indonesia, Malaysia and the Philippines. The analysis of the trade structure of the 10 ASEAN member states, confirmed that imports were also being made while exporting items in the high- and medium-level technology industry groups. The possibility of entering the Korean market was quite high, given that Korea imported high- and medium- and high-tech industrial forces while exporting low-tech industrial forces.

Market Structure and its Dynamics of International Wheat Trade Marke (소맥의 국제교역시장에서의 시장구조와 변화추이)

  • Kwon, Dae-Heum
    • Korean Journal of Organic Agriculture
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    • v.23 no.4
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    • pp.683-702
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    • 2015
  • The static status and dynamic trend of the market structure in the international wheat trade market are empirically analyzed. The export inequality level empirically proved to be high compared to import inequality level. And such states have been maintained since 2001 until 2014. Although the concentration level of export side seems to be easing, the international wheat market remains imperfect competitive market. Moreover, overall imperfect competitive status over 2002-2014 has been worsened compared to 2001 level. The main reasons are that the overall trends of the imports concentration is reduced more than those of the export concentration level.

Network Structure and Centrality Analysis of Global Value Chains in Electrical and Electronic Industries (전기·전자산업의 중간재 글로벌가치사슬 네트워크 구조와 중심성 분석)

  • Seog-Min Kim
    • Korea Trade Review
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    • v.46 no.1
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    • pp.113-134
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    • 2021
  • This study analyzed the centrality of the GVCs network and the value-added-based production structure of the electrical and electronic industries using ADB-MIRO and social network analysis methods. According to the analysis, the centrality and power of the GVSc intermediate goods network were differentiated into China, the United States, and the EU due to the advancement of industrial structure in Asia. In the 2000 network, the United States and Japan had a very strong influence in all aspects, including connectivity and strength. However, in 2017, China's power index rose to number one among 62 countries in the network. Furthermore, this study presented strategic implications of the Korean electrical and electronic industries to respond to the reorganization of GVSs based on the analysis results.

Internationalization of Brand Biography: Firm Characteristics as Moderators

  • Han, Bang-Wool;Kim, Min-Ho
    • Journal of Korea Trade
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    • v.23 no.3
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    • pp.105-117
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    • 2019
  • Purpose - Underdog positioning is often used to evoke a positive attitude when interacting with consumers. However, little research has been conducted on the market competition structure and innovation contexts in which underdog positioning produces the most impact. This research aims to investigate unexplored boundary conditions of underdog positioning and addresses two issues: market structures (oligopoly vs monopolistic competition) and perceived firm innovativeness (PFI). Design/methodology - Two one-way ANOVA designs (market structures: monopolistic competitions vs. oligopoly; perceived frim innovativeness: strong vs. weak) were randomly assigned to 297 graduate and undergraduate students (52 % female) majoring in business. Study 1 examined the effect of underdog positioning on consumer attitudes in the different market structures. Study 2 investigated the relationship between underdog effect and consumer attitudes through viewing conditions that varied in PFI. Findings - Drawing on the results of the study, the authors conclude that underdog positioning is effective to generate more positive consumer attitudes when employed in the market structure of monopolistic competition rather than oligopoly. Moreover, both underdog and top dog positioning are likely to generate more positive consumer attitudes when accompanied with strong PFI than weak PFI. Originality/value -This is the first study to distinguish between monopolistic competition and oligopoly market structures with underdog positioning as well as to demonstrate a positive effect of PFI, regardless of the type of brand narratives.