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Analysis of Determinants of Export of Korean Laver and Tuna: Using the Gravity Model

우리나라 김과 참치의 수출 결정요인 분석 : 중력모형을 이용하여

  • Kim, Eun-Ji (Department of Resource and Environmental Economics, Graduate School, Pukyong National University) ;
  • Kim, Bong-Tae (Division of Economics, College of Humanities & Social Sciences, Pukyong National University)
  • 김은지 (부경대학교 일반대학원 자원환경경제학과) ;
  • 김봉태 (부경대학교 인문사회과학대학 경제학부)
  • Received : 2020.08.19
  • Accepted : 2020.12.16
  • Published : 2020.12.31

Abstract

The purpose of this study is to find out the determinants of export in Korean fishery products. For the analysis, laver and tuna, which account for almost half of seafood exports, were selected, and a gravity model widely used in trade analysis was applied. As explanatory variables, GDP, number of overseas Koreans, exchange rate, FTA, and WTO were applied, and fixed effect terms were included to take into account multilateral resistance that hinders trade. The analysis period is from 2000 to 2018, and the Poisson Pseudo Maximum Likelihood (PPML) method was applied to solve the problem of zero observation and heteroscedasticity inherent in trade data. As a result of the analysis, GDP was found to have a significant positive effect on both laver and tuna. The number of overseas Koreans was significant in canned tuna exports, but not in laver and the other tuna products. As the exchange rate increased, the export of laver and tuna for sashimi increased. The impacts of the FTA were confirmed in the exports of dried laver and raw tuna, which supports the results of the previous study. WTO was not significant for laver and tuna. Based on these results, it is necessary to find a way to make good use of the FTA to expand exports of seafood.

Keywords

Acknowledgement

이 논문은 부경대학교 자율창의학술연구비(2019년)에 의하여 연구되었음.

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