• The Journal of Asian Finance, Economics and Business
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• v.8 no.2
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• pp.453-463
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• 2021

Economic globalization provides a good channel for the development of foreign trade around the world. Due to this background, this paper sets the Organization for Economic Co-operation and Development (OECD) countries as a sample to explore the importance of international logistics in foreign trade. An annual panel data from 2000 to 2017 will be used to conduct an empirical estimation under the panel unit root test and the fixed effect model. Foreign trade is treated as an explained variable and international logistics is treated as explanatory variables. The findings show that international logistics have a positive spillover effect on export trade and the speed of international logistics development has a regulatory effect on the relationship between both of them, which presents a U-shaped curve. When the speed of international logistics development is slow, an increase of it restrains the positive spillover effect of international logistics on export trade. However, when it rises to a certain extent, this increase releases the positive spillover effect of international logistics on export trade. As can be seen by the evidence that this paper provides, the impact of international logistics on foreign trade is dynamic. Moreover, this paper also puts forward some corresponding measures about the relationship between both of them.

• Journal of Arbitration Studies
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• v.30 no.3
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• pp.3-19
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• 2020

With the advent of the Free Trade Agreement between Korea and the U.S. and an increase in trade volume between the two countries, the possibility of commercial disputes has escalated among international merchants. It has been well-known that arbitration as an alternative dispute resolution is an efficient way to resolve international commercial disputes. When arbitral awards are enforced in the judicial system, the court will inevitably have to be involved with the enforcement procedures. The court is a typical legal entity to confirm arbitral awards. Through a confirmation process, the winning party obtains the same legal status of final judgment rendered by the court. However, a winning party in arbitration will have to overcome a legal hurdle in the enforcement process of arbitral awards. This article aims to investigate how the courts control the arbitration practices and what the basic legal issues in the enforcement of arbitral awards are. The US Federal Arbitration Act is investigated, while relevant cases are reviewed and updated for legal analysis.

• International Commerce and Information Review
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• v.9 no.1
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• pp.333-353
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• 2007

This paper is to explore that there are structural problems in the Korea-U.S. Free Trade Agrement negotiation by examining the Korean FTA policy and to introduce some alternatives to overcome them. The structural problem stems in part from the inefficient system in FTA policy making and its implementation. Most importantly, there is a lack of ex-ante consensus building among stake-holders. As an alternative to the current FTA policy, we suggest two things. First, we argue that an FTA negotiation strategy should correspond to Korea's overall industrial development strategy. Second, the National Assembly should play an important part for enforce of trade policies as a tool for advancing a comprehensive strategic measures.

• International Commerce and Information Review
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• v.12 no.1
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• pp.55-73
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• 2010

The thesis examines new innovation of various aspect to overcome lots of problems which come by when we execute simplification of trade procedure and administration fairly. Practical implications regarding the innovation of electronic trade infrastructure are as follows. First, it will propel the standardization of electronic trade section in the technical side and the construction atmosphere of international authentication system must be created. The work process should be redesigned in order to implement export-import procedures that meet the relevant standards. Second, the improvement of system for electronic process is necessary in the law and institutional aspect. In order to eliminate any obstacles to the trade procedure, clearer legal grounds regarding legitimate controls and minimum necessity must be established. Also, laws should be revised to admit mutual recognition among certification organizations, in lieu of international agreement-based mutual recognition between government. Third, the detailed improvement for the integration of the electronic trade infrastructure will be demanded. Additionally, user-centered quality management protocols should be established via connections with the systems already existing in governmental bodies. Fourth, various trade institution should harmonized and interconnected with other partners through mutual cooperation for standardization of operational system. A system which can monitor and remotely diagnose and resolve system errors should be established to provide tailor-made service and improve operational efficiency. At the same time, it is necessary to build a cooperative system to share information and promote comprehensive management for efficient operation.

• International Commerce and Information Review
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• v.7 no.3
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• pp.135-156
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• 2005

The rapidly developed environment by ubiquitous computing make the paradigm from e-trade to u-trade. The purpose of the study is to find out issue and the strategic suggestions that could link together between the e-trade and ubiquitous computing in side of information security. The study include the contents as follows; firstly, the technical explanations under the ubiquitous computing, secondly, e-trade's risks in security technology and lastly, issue and strategic suggestions how link them together in integrated view.

• International Commerce and Information Review
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• v.10 no.3
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• pp.101-116
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• 2008

Future e-Trade RFID/USN distribution should satisfy the new needs of reasonable customers such as efficient supply of goods, presentation of information, and communication by developing intermediate and long-term strategies through analysis of industrial conditions and customers' needs. Through preferential application of new technology, knowledge-based e-Trade RFID/USN distribution environment and DB of industrial portal sites should be developed, RFID/USN infra such as Supply Chain Management(SCM) should be expanded, future-oriented knowledge-based services should be developed to prepare specific and realistic plans for proper UT(Ubiquitous Technology). Such change in e-Trade distribution environment should have historical and environmental backgrounds to suggest specific tasks and directions as a conversion of structural concept of engineering and trade theory for new u-Trade. Accordingly, this study is to present all the problems available in RFID/USN distribution, develop an organized and technological estimate model and provide a foundation to apply it efficiently. This study aims to present an interpretational foundation of RFID/USN distribution, rather than technical directions.

• The Research Journal of the Costume Culture
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• v.8 no.2
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• pp.149-165
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• 2000

This study concerns the export-import demands for Korean textile, textile products and clothing products. The result from the practice of study is as follows ; it predicts the constant increase as a result of prediction in the nation's total amount of export-import including the export-import amount of textile, textile-product, and clothing product. It is estimated that nation's textile trade balance will be about U $ 13 billion of trade surplus in every year from 2000 to 2003. Other hand, the trade balance of textile product is predicted about U $ 1.39 billion surplus, so is clothing product about U $ 3.29 billion surplus. Textile ratio is presumed to gradually decrease in aspect of export. Also, the portion of textile export in our national total export is predicted to reduce to 11.61% in the 2003. On the other hand, Textile import ratio will be constantly increased and the portion of textile import in our national total import is predicted to reach to 3.92% in 2003. Textile-product ratio is also estimated to increase in the area of export & 33.12% in 2003. Clothing product ratio is also estimated to increase annually. What with increasing ratio of clothing-product export in textile-product export reaching to total 0.87% within for 4 years(62.96% in 2003, 63.83% in 2003) and what with increasing ratio of clothing-product import in textile-product import reaching to total 6.42%(83.89% in 2000, 90.31% in 2003), it can be said that increase of its import will be much higher than that of export.

• Journal of Korea Trade
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• v.25 no.2
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• pp.22-45
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• 2021

Purpose - This study aims to identify new attributes by analyzing reviews conducted by global automaker customers and to examine the influence of these attributes on satisfaction ratings in the U.S. automobile sales market. The present study used J.D. Power for customer responses, which is the largest online review site in the USA. Design/methodology - Automobile customer reviews are valid data available to analyze the brand personality of the automaker. This study collected 2,998 survey responses from automobile companies in the U.S. automobile sales market. Keyword analysis, topic modeling, and the multiple regression analysis were used to analyze the data. Findings - Using topic modeling, the author analyzed 2,998 responses of the U.S. automobile brands. As a result, Topic 1 (Competence), Topic 5 (Sincerity), and Topic 6 (Prestige) attributes had positive effects, and Topic 2 (Sophistication) had a negative effect on overall customer responses. Topic 4 (Conspicuousness) did not have any statistical effect on this research. Topic 1, Topic 5, and Topic 6 factors also show the importance of buying factors. This present study has contributed to identifying a new attribute, personality. These findings will help global automakers better understand the impacts of Topic 1, Topic 5, and Topic 6 on purchasing a car. Originality/value - Contrary to a traditional approach to brand analysis using questionnaire survey methods, this study analyzed customer reviews using text mining. This study is timely research since a big data analysis is employed in order to identify direct responses to customers in the future.

• Journal of Korea Trade
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• v.24 no.1
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• pp.131-145
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• 2020

Purpose - The recent growth of South Korean products in the international market is the benchmark for both developed as well as developing countries. According to the development index, the role of international trade is indeed crucial for the development of the national economy. However, the visualization of the international trade profile of the country is the prerequisite of governmental policy decision-makers and guidance for forecasting of foreign trade. Design/methodology - We have utilized data visualization techniques in order to visualize the import & export product space and trade partners of South Korea. Economic Complexity Index (ECI) and Revealed Comparative Advantage (RCA) were used to identify the Korean international trade diversification, whereas the time series approach is used to forecast the economy and foreign trade variables. Findings - Our results show that Chine, U.S, Vietnam, Hong Kong, and Japan are the leading trade partners of Korea. Overall, the ECI of South Korea is growing significantly as compared to China, Hong Kong, and other developed countries of the world. The expected values of total import and export volume of South Korea are approximately US$535.21 and US$ 781.23B, with the balance of trade US$ 254.02B in 2025. It was also observed from our analysis that imports & exports are equally substantial to the GDP of Korea and have a significant correlation with GDP, GDP per capita, and ECI. Originality/value - To maintain the growth rate of international trade and efficient competitor for the trade partners, we have visualized the South Korea trade profile, which provides the information of significant export and import products as well as main trade partners and forecasting.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.53
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• pp.233-264
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• 2012

This study proposes and verifies an integrated model that reflects and helps to explain complexities and comprehensiveness of e-Trade in practice. The primary objective was to widen and deepen our understanding about the phenomena of paperless trading which will enable us to formulate an effective means to promote the adoption and utilization of e-Trade infrastructure. This investigation combined and extended the theories and models of TAM, TOE framework, and TTF in order to identify and hypothesize the causal relationships between factors of technology, organization and environment, and the usage level and performance of e-Trade. The previous research on e-Trade was reviewed and incorporated into the extended model. The integrated model was tested based on the survey data collected from a sample of 417 trading firms. Overall, the regression and path analysis demonstrated the usefulness of the proposed model as a conceptual framework for better understanding and explanation of e-Trade. The result of the analysis implies the relevancy of the factors of technology, organization and environment for facilitating usage of and increasing performance of e-Trade. However, rejection of a few hypothesized relationships implies the necessity of extensive promotion and education about the related laws and regulations, and education, supervision and incentives for e-Trade practitioners.