• 제목/요약/키워드: Asian value chains

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The Determinants of Accessibility of Financial Services in Vietnam

  • TRINH, Thi Thuy Hong;NGUYEN, Hoang Phong
    • The Journal of Asian Finance, Economics and Business
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    • 제8권3호
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    • pp.1143-1152
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    • 2021
  • The study aims to assess the impact of factors on the access to financial services by Vietnamese farmers. The number of respondents in this study is 402 household heads participating in six diverse agricultural value chains in Vietnam. The explanatory variables of the Multinomial Logit model estimates variables at the individual characteristics while the Mixed Logit model can combine the two types of variables together to estimate the effects simultaneously. On the other hand, the Ordinal Logit model is used to evaluate the determinants of the increase in the quantity of financial services used by individuals. The estimation results show that male-headed households have more access to financial services than females. Younger farmers are more likely to use formal financial services than the elderly. Financial literacy, land ownership, and shocks in agricultural production all have a positive impact on the probability of dealing with banks. In addition, the degree of linkage and credibility of the value chain have a significant positive impact on the accessibility of financial services to farmers. The findings of this study suggest that limiting gender inequality, focusing on youth marketing and developing agricultural value chains will have a positive impact on farmers' access to financial services.

가치 사슬과 지역의 중진국 함정: 태국 동북부 지방의 상위 설탕 가치 사슬을 사례로 (Value Chains and Regional Middle Income Traps: The case of the upstream sugar industry in Northeastern Thailand)

  • 최우혁;에도 안드리에세
    • 한국경제지리학회지
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    • 제17권4호
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    • pp.817-831
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    • 2014
  • 본 연구는 중진국 함정과 가치 사슬 분석을 결합하여 태국 동북부 지역의 사탕수수 산업에 대한 연구를 진행하였다. 태국의 동북부 지방을 주목하는 것은 중진국 함정의 지리적인 차이에 대한 깊은 이해를 줄 수 있다. 연구의 실증적인 결과들은 설탕 산업과 관련된 정책 입안자들이 동북부 지방의 여러 문제점들에 주목해야 한다는 점을 보여주고 있다. 그 문제점들은 첫째, 현재의 규제 환경이 중개상의 역할을 충분히 고려하고 있지 않다. 둘째, 사탕 수수 재배 농민들은 현행 제도에 대한 정보를 충분히 알지 못한다. 셋째, 재배 농민들과 공장 설탕 공장 간의 불신이 존재한다. 넷째, 연구 개발 활동이 활발하지 않다. 다섯째, 농민 협회의 지원이 불충분하다. 여섯째, 노동력이 부족하다. 일곱째, 농민, 중개상, 그리고 설탕 공장이 스스로를 개선할 유인이 부족하다. 동남아시아의 농업 가치 사슬은 주로 빈곤한 농촌 지역에서 시작하는 경우가 많기에 정책 입안자들은 가치 사슬 내의 행위자들간의 균형을 맞추어야만 한다. 그러나 가치 사슬의 중간에 위치한 행위자(설탕 공장)과 도매상들의 강한 영향력 때문에 균형을 유지하는 것이 어렵다. 본 연구를 통해 밝혀진 점들은 소규모 자작농들이 행위자로 참여하는 동남 아시아의 여러 상위 가치 사슬과의 비교 자료로써 쓰일 수 있을 것이다.

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Postharvest technologies for fruits and vegetables in South Asian countries: a review

  • Faqeerzada, Mohammad Akbar;Rahman, Anisur;Joshi, Rahul;Park, Eunsoo;Cho, Byoung-Kwan
    • 농업과학연구
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    • 제45권3호
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    • pp.325-353
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    • 2018
  • Agricultural systems in South Asian countries are dominated by smallholder farmers. Additionally, these farmers have limited access to pre- and post-harvest technologies due to their high initial cost. The lack of these technologies in postharvest handling is responsible for 20% to 44% of fruit and vegetable losses. These high losses are largely the result of a generally weak basic postharvest infrastructure for the preservation of products, which avoids damage from improper handling, transportation, packaging, and storage. High postharvest losses of products negatively affect food availability, food security, and nutrition, as the producer is able to sell less of the farm yield and the net availability of these food commodities for consumption is reduced. An underlying cause of these postharvest losses is the limited awareness and knowledge bases of stakeholders (researchers, farmers, governments, non-governmental organizations, and merchants) in the traditional supply chains in which these losses occur. The analysis presented in this paper explores the state of postharvest practice in South Asian countries and discusses options for low-cost postharvest technologies in the region that can support small-scale farmers and provide a viable pathway for supply to the market, joining with modern value chains and bringing about individual and regional reduction in postharvest losses of fruits and vegetables. The improvement of basic and simple low-cost technologies through precise research efforts has the potential to prevent such huge losses of products, and help meet the ever-increasing demand for food in South Asian countries.

The Effectiveness of the Cooperation Agenda in FTAs: Ways to Promote Foreign Investment and Development Assistance in Asia

  • Hur, Nany
    • Journal of Korea Trade
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    • 제25권6호
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    • pp.1-19
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    • 2021
  • Purpose - This paper aims at analyzing the functions and effectiveness of the cooperation agenda in Free Trade Agreements (FTAs), focusing on the cases of Asian countries. This paper estimates the contribution of this agenda to the sustainable development in Asia by providing the 'side payment' of the economic integration that encourages foreign investment and change in global value chains (GVC). Design/methodology - This study analyzes the functions of the cooperation chapter in FTAs by applying the cooperative game theory and reviewing the structures of the related FTAs. Also, as an empirical study, the existing FTA provisions and related development assistant programs in Asia are reviewed in this paper, especially focusing on the FTAs signed by Korea. Findings - Our main findings can be summarized as follows: The drawback of the economic integration, which would be the imbalanced economic benefit, can be redressed by the cooperation chapter in FTAs functioning as a 'side payment'. Indeed, as the examples of Korean FTAs show, more foreign investment and the GVC expansion in Asian countries have been encouraged thanks to the implementation of the cooperation chapters. Originality/value - This paper attempts to find how a legally binding agreement would influence the cooperation agenda in Asia which has never been analyzed despite the increasing number of so-called 'cooperation' chapters in the FTAs.

Gravity with Intermediate Goods Trade

  • Jang, Sujin;Song, E. Young
    • East Asian Economic Review
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    • 제21권4호
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    • pp.295-315
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    • 2017
  • This paper derives the gravity equation with intermediate goods trade. We extend a standard monopolistic competition model to incorporate intermediate goods trade, and show that the gravity equation with intermediates trade is identical to the one without it except in that gross output should be used as the output measure instead of value added. We also show that the output elasticity of trade is significantly underestimated when value added is used as the output measure. This implies that with the conventional gravity equation, the contribution of output growth can be substantially underestimated and the role of trade costs reduction can be exaggerated in explaining trade expansion, as we demonstrate for the case of Korea's trade growth between 1995 and 2007.

Characteristics and Gel Properties of Gelatin from Goat Skin as Influenced by Alkaline-pretreatment Conditions

  • Mad-Ali, Sulaiman;Benjakul, Soottawat;Prodpran, Thummanoon;Maqsood, Sajid
    • Asian-Australasian Journal of Animal Sciences
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    • 제29권6호
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    • pp.845-854
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    • 2016
  • Characteristics and properties of gelatin from goat skin pretreated with NaOH solutions (0.50 and 0.75 M) for various times (1 to 4 days) were investigated. All gelatins contained ${\alpha}$-chains as the predominant component, followed by ${\beta}$-chain. Gelling and melting temperatures of those gelatins were $23.02^{\circ}C$ to $24.16^{\circ}C$ and $33.07^{\circ}C$ to $34.51^{\circ}C$, respectively. Gel strength of gelatins increased as NaOH concentration and pretreatment time increased (p<0.05). Pretreatment for a longer time yielded gelatin with a decrease in $L^*$-value but an increase in $b^*$-value. Pretreatment of goat skin using 0.75 M NaOH for 2 days rendered the highest yield (15.95%, wet weight basis) as well as high gel strength (222.42 g), which was higher than bovine gelatin (199.15 g). Gelatin obtained had the imino acid content of 226 residues/1,000 residues and the gelatin gel had a fine and ordered structure. Therefore, goat skin gelatin could be used as a potential replacer of commercial gelatin.

재세계화와 지경학적 분절화: 코로나 19 이후 중국 전자상거래 기업의 한국 시장 진출을 사례로 (Reglobalization and Geoeconomic Fragmentation: A Case Study of Chinese E-commerce in the Post-CO VID-19 Era)

  • 백일순
    • 한국경제지리학회지
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    • 제27권1호
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    • pp.53-73
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    • 2024
  • 글로벌 펜데믹으로 인한 보호무역주의의 강화, 지역 가치사슬로의 재편 등으로 인해 글로벌 생산 공급망은 펜데믹 쇼어링(니어쇼어링, 프렌드쇼어링 등)과 같이 우방국 혹은 동맹국 중심으로 변화할 것으로 예상되고 있지만, 소비 공급망의 경우 정치적인 것보다 경제적 요인이 여전히 유효하게 작용하고 있는 것으로 나타났다. 중국 전자상거래 시장(C-commerce)의 급성장의 원인은 코로나 19 종식 이후 (1) 소비 진작을 위해 도입된 관련된 규제 완화(관세, 통관절차) (2) 제한된 소득 대비 더 많은 소비를 원하는 패턴 증가(가성비를 추구하는 소비) (3)글로벌 소비 시장의 점유율을 높이기 위한 기형적 기업 운영에 기인한 것으로 파악된다. 이러한 현상을 통해 생산-소비 네트워크는 더욱 분절되고 탈동조화된 형태로 발전될 가능성이 높으며, 특히 소비 네트워크는 재세계화 현상인 디지털 기술 전쟁에 영향을 받아 더욱 파편화될 것으로 예상된다.

Integrating market chain assessments with zoonoses risk analysis in two cross-border pig value chains in Lao PDR

  • Okello, Anna L;Tiemann, Tassilo T;Inthavong, Phouth;Khamlome, Boualam;Phengvilaysouk, Ammaly;Keonouchanh, Soukanh;Keokhamphet, Chattouphone;Somoulay, Virasack;Blaszak, Kate;Blacksell, Stuart D;Okello, Walter O;Allen, John
    • Asian-Australasian Journal of Animal Sciences
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    • 제30권11호
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    • pp.1651-1659
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    • 2017
  • Objective: Lao PDR's recent accession to the World Trade Organization necessitates a greater understanding of the patterns and risk of livestock production in order to better align national policy with the Agreement on the Application of Sanitary and Phytosanitary Measures. This eco-health study was conducted to improve understanding of the interrelations between market chains and zoonotic infection risks at two strategic cross border points between Lao PDR, Thailand and Viet Nam. Methods: Information gained from smallholder farmer/trader interviews was integrated with serological surveys for pig-associated zoonoses-including hepatitis E virus (HEV), Taenia solium (T. solium) and trichinella-to identify potential linkages between disease risk and pig production and slaughter in low input systems common across the country. Results: Trichinella and HEV exposure was high in both humans and pigs in both study areas, significantly associated with pig slaughter and the subsequent consumption and handling of raw pork products. T. solium demonstrated a strong geographical and ethnic association with the northern study area bordering Vietnam. With the right knowledge and accessible, affordable inputs, the majority of smallholder farmers indicated a willingness to invest more in pig production, which could simultaneously improve livelihoods and decrease exposure to HEV, Trichinella, and T. solium through increased access to formal markets and an improved slaughter processes. Conclusion: The linkages identified when assessing disease risk in the context of potential economic and cultural drivers of transmission highlight the importance of a systems-based approach for the detection and control of zoonotic disease, and contributes to an improved understanding of the Lao PDR livestock sector.

Trade Facilitation Provisions in Regional Trade Agreements: Discriminatory or Non-discriminatory?

  • Park, Innwon;Park, Soonchan
    • East Asian Economic Review
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    • 제20권4호
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    • pp.447-467
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    • 2016
  • The RTAs with trade facilitation provisions have been expected to generate a larger net trade-creating effect and complement the discriminatory feature of RTAs but have yet to be empirically proven. Recognizing the limitations of existing studies, we conducted a quantitative analysis on the effects of RTAs with and without trade facilitation provisions on both intra- and extra-bloc trade by using a modified gravity equation. We applied the Poisson Pseudo-Maximum Likelihood (PPML) estimation with time varying exporter and importer fixed effect method to panel data consisting of 45,770 country pairs covering 170 countries for 2000-2010. We found that the trade facilitation provisions in existing RTAs are non-discriminatory by generating more intra- and extra-bloc trade in general. In particular, we found that the trade effects of RTAs in the APEC region are much stronger than the general case covering all RTAs in the world. In addition, as we control the trade effect of a country's trade facilitation, which is ranked by the World Bank's logistic performance index, RTAs consisting of trade facilitation provisions are discriminatory for trade in final goods and non-discriminatory for trade in intermediate goods. Overall, we endeavor to "explain," instead of "hypothesizing," why most of the recent RTAs contain trade facilitation provisions, especially in light of the deepening regional interdependence through trade in parts and components under global value chains and support the necessity of multilateralizing RTAs by implementing non-discriminatory trade facilitation provisions.

China Shocks to Korea's ICT Exports

  • Ko, Dong-Whan
    • Journal of Korea Trade
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    • 제25권4호
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    • pp.146-163
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    • 2021
  • Purpose - This paper examines China's impact on Korea's ICT exports considering the direct competition channel, the production shift channel, and the indirect demand channel at once. This paper also takes China's economic rebalancing into account and discusses whether it makes any differences in the effect of the three channels. Design/methodology - To quantify the effect of the three channels, I constructed a linear panel regression model and estimated it with various estimation methods including the system GMM. China's exports toward the same destination as Korea's exports, Korea's exports toward China, and the third countries' exports toward China respectively reflect the three channels. China's GVC indicators are included as well to evaluate the effect of further China's economic rebalancing. Since the present paper has a greater interest in the effect of China rather than the determinant of bilateral trade, a (fixed effect) panel model becomes more appropriate than the gravity model because timeinvariant variables in the gravity model, such as the distance and the language, are eliminated during the estimation process. Findings - The estimation results indicate that Chinese ICT exports are complementary to Korea's ICT exports in general. However, when markets are considered in subgroups, China's ICT exports could have a negative effect in the long run, especially for SITC75 and SITC76 markets, implying a possible competitive threat of China. The production shift effect turns significant during China's economic rebalancing in the markets for the advanced economies and the SITC76 product. China's indirect demand channel is also in effect significantly for the advanced economy and SITC75 commodities during China's economic rebalancing periods. In addition, this paper shows that China's transition toward upstream in the global value chain could have a positive impact on Korea's ICT exports, especially at the Asian market. Originality/value - The contribution of this paper is threefold. First, it focuses on the ICT industry for which Korea increasingly depends on China and China becomes a global hub of the GVC. Second, this paper quantitatively studies three channels in a model in contrast to the literature which mostly examines those channels separately and pays less attention to the GVC aspect. Third, by utilizing relatively recent data from the period of 2001-2017, this paper discusses whether China's economic rebalancing affects the three channels.