• Title/Summary/Keyword: Border Economy

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Price and Distance Effects on Mexican Cross-Border Shopping:Implications for a Borderlands Economy

  • Arthur L. Silvers;Kim, Hak-Hoon
    • Journal of the Korean Regional Science Association
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    • v.12 no.2
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    • pp.59-68
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    • 1996
  • Common belief in border regions holds that Mexican cross-border shoppers play a larger role in the regional economic base than they do and that NAFTA will provide a bigger stimulus to the regional economy than it is likely. In the regional economy than it is likely. In the first case, price elasticities are implicitly underestimated as highly inelastic and in the latter case, overestimated as highly elastic. This paper provides empirical evidence on the effects of distance and real exchange rates as price proxies on both field survey and population-imputed estimates of cross-border shopping. After estimating both distance-based and real exchange rate-based estimates of price elasticities of Mexican shopper demand for U.S. border-region goods, implications are obtained concerning the relative importance for U.S. border-regon economies of more distant Mexican markets, and the likely impacts of NAFTA.

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Coping with Violence in the Thai-Cambodian Border: The Silence of the Border

  • von Feigenblatt, Otto F.
    • Journal of Contemporary Eastern Asia
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    • v.10 no.2
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    • pp.35-40
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    • 2011
  • The recent listing of Preah Vihear Temple as a World Heritage Site has awakened a longtime simmering border dispute between Thailand and Cambodia over a few square kilometers surrounding the ancient Khmer Temple. While the listing of the site by UNESCO was expected to revive the economy of the impoverished border towns near the temple due to the increased tourism and funding for the preservation of the archeological site, it has had the opposite effect due to the sharp increase in violent conflict carried out by the armed forces and nationalist activists from both sides. Military skirmishes and violent protests have brought the local economy to a halt in addition to causing considerable physical damage to the local infrastructure and to the local transnational network of ethnic Kui, local business owners, Khmer and Thai villagers. This paper shows how the dispute is viewed and undertaken by three distinct communities involved in the conflict, the militaries, the metropolitan political elites and activists, and the local villagers. The three communities represent three different cultures of conflict with different interests and most importantly with differential access to the media and official representations of the dispute.

Economy and Trade Cooperation between Dandong, China and D. P. R. Korea (단동, 중국, 북한의 경제 및 무역협력에 관한 연구)

  • Li, Tie-Li;Jiang, Huai-Yu;Gao, Feng
    • Journal of the Korean Geographical Society
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    • v.37 no.5
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    • pp.551-558
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    • 2002
  • The further economy and trade cooperation between China and the Korean Peninsula should be carried out due to the process of globalization. Being the biggest border city and one of the windows of opening outside policy, Dandong plays a very important role in the economy and trade cooperation between China and D.P.R.K. With the tendency of regional economy cooperation amony countries of Northeast Asia, Dandong should also act as a bridge in the economy and trade cooperation between R.O.K and D.P.R.K.

Love and Economy in Cross-border Marriages in South Korea (사랑과 경제의 관계를 통해 본 이주결혼)

  • Lee, Jae Kyung
    • Women's Studies Review
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    • v.26 no.1
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    • pp.183-206
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    • 2009
  • This study attempts to explore a phenomenon of an expansion of emotional capitalism in the context of marriage migration. Emphasizing that 'emotion,' 'love,' 'affection,' 'intimacy,' and 'care' are neither materialistic nor a work, and noting that they are social roles attached to natural femininity and that they are separated from the economic realm, modern myth has been challenged by the increase of marriage industry, emotional/service work, and care industry. This study discusses the ways in which individual desires for love and intimacy and her/his economical needs are combined or negotiated. Specifically, this study 1) reviews existing literature on how 'love' and 'intimacy' has been combined with economy under capitalism in general, 2) discusses the ways in which a marriage has been commercially negotiated within the context of South Korea, 3) analyzes combined aspects of 'love' and 'economy' within cross-border marriages and suggests that cross-border marriages, even though they are highly commercially negotiated, may not be fully explained by 'economy' only as other marriages have both aspects of 'love' and 'economy.' An analysis on 'love' and 'economy,' not only separated from each other but also controversial, is essential for understanding 'intimacy' and transitions of Korean families in post-modern era. However, the evaluation criteria for commercial trades in 'love' and 'intimacy' have not developed yet. Whereas a certain trade is inevitable or essential, others may threaten our lives. Developing the ethical and political evaluation criteria on such commercial trades requires future study.

Impact of Economic Determinants on the Scale Effect of Cross Border Merger and Acquisition: A Comparison Between Developed and Emerging Economies

  • NAZ, Farah;KHAN, Abdul Qayyum;KHAN, Muhammad Yar
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.5
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    • pp.99-109
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    • 2022
  • The main reason for the increase in cross-border mergers and acquisitions in developed and emerging countries is globalization and growing economic interdependence across countries. The state of the economy has a significant impact on whether cross-border mergers and acquisitions are encouraged or discouraged by international strategic capital market changes. This study empirically evaluates the influence of determinants of economic development on the scale effect of Cross Border M&As separately on emerging and developed nations as a research gap. We first separated the small and large scale firms based on companies' worth and used panel regression to analyze the impact of GDP, employment rate, and market capitalization on cross-border merger & acquisition deals over the period of 2008-2018. Results indicate that GDP and market capitalization have a positive effect on CBM&A, whereas employment rate has a negative effect on CBM&A deals in large-scale firms of both emerging and developed countries. This study results offer the implication for the potential investors and policymakers to strategically analyze the implementation of cross-border mergers & acquisitions.

Cross-border Relationship Analysis Between Base Interest Rates and Construction Investment (국경을 넘어선 기준금리와 건설투자 간의 관계 분석)

  • Kim, Toseung;Lee, Hyeon-soo;Park, Moonseo
    • Journal of the Architectural Institute of Korea Structure & Construction
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    • v.35 no.1
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    • pp.47-56
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    • 2019
  • As the zero interest rate era was over with the end of quantitative easing, the economy of several global markets observed the fluctuations of the base interest rate. Interest rate, which is the change of money value with respect to time, is negatively correlated with construction investment. Considering the characteristics of interest rates and construction investment as economic variables, the necessity of cross-border analysis between base interest rate and construction investment was suggested in this paper. Cross-correlation analysis between base interest rates and construction investment crossing the border was performed. The effective correlations were confirmed with values varying by countries. Similar characteristics were also observed among countries with similar economy, which were then divided into three groups. Additionally, identifying the base interest rate that affects the construction investment of a particular country was made possible by reflecting a self-cycle of base interest rates. Lastly, from the result of examining the influence of each rise and fall of the interest rate, it was verified that the difference was more than twice as large in some countries. These results are expected to contribute to construction-related policy makers or investors to make decisions in response to the economic status of the construction market.

The Economic Collaborative Tasks in China: New Role for the 4th Logistics Party

  • Choi, Yong-Rok
    • International Commerce and Information Review
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    • v.7 no.2
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    • pp.205-216
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    • 2005
  • The ever-expanding Chinese economy has affected the Korean economy in many respects. So many companies, including most of major groups, has increased their economic collaborative businesses in China. Due to the sandwich situation of the economic competitiveness, many Korean companies has been seeking for the lower production costs in China, while other high-tech companies also for the prospective markets in China. Nonetheless all the Korean FDIs in China have been seriously connected with its global supply chain management. In order to promote this kind of collaboration across the border, the 4PL kind of tasks are needed. The study suggests these tasks in terms of 3 categories of Pre-Feasibility/ Business Planning, Cultural Localization, and Networking Economies/ Relationship Management. Most of all, the collaboration across the border may promote the final vision of the FTA in the Far-east Asian countries.

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Political Economy of Cross-Border Lobbies and the Stringency of the Rules of Origin Verification (해외로비와 원산지규정 사후검증제도의 엄격성에 대한 정치경제학)

  • Seok-Joon Hwang;Uk Hwang;JinKwon Lee
    • Korea Trade Review
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    • v.45 no.1
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    • pp.155-171
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    • 2020
  • In reality, there are numerous [Note: I advise to change the tone to being more certain, as opposed to offering a possibility. You need to emphasize the seriousness of the conditions that your study wants to talk about] non-tariff trade barriers under free trade agreements, with various stakeholders having different trade-off interests. This study focuses on the rules of origin verification and considers cases in which domestic firms, foreign firms, and domestic consumer groups compete politically for their rent protection in the domestic market. As in Gwande et al. (2006), cross-border lobbies are considered possible wherein foreign firms also lobby the government to influence the decision-making process of how stringently to verify the rules of origin. [Note: Starting here, switch to past tense because a: study intentions above can be in present tense, b: study procedures should be in past tense] In this study, we assumed that all stakeholders form interest groups and present political contributions to the government based on their interests. The stringency of the rules of origin verification was then determined through this political process, and we compared this to a socially optimal one in the analysis. It was found that the verification was less stringent when there was cross-border lobbying than the socially optimal one.

Characteristics and Operational Mechanism of Sino-South Korean Cross-Border Small-Scale Trade (한.중 소무역의 성격과 운영 메커니즘)

  • Jang, Young-Jin
    • Journal of the Economic Geographical Society of Korea
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    • v.14 no.4
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    • pp.568-582
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    • 2011
  • This study aims to discover the characteristics of Sino-South Korean cross-border small-scale trade, which involves various players. Through this characteristics, this study ultimately intends to identify an operational mechanism of Sino-South Korean cross-border small-scale trade by investigating social capital as mobilized by small-scale traders. The results of this study can be expected to help understand how small-scale merchants address the uncertainty or risks surrounding their trade. Although it is an informal economic activity, the cross-border small-scale trade between South Korea and China is related to issues of the formal economy, such as job creation, benefits for local economies, and profit-seeking. Owing to this characteristics, small-scale trade is being conducted with the connivance of, or even with the tacit support from formal organizations, including municipal governments, customs, corporations, and shipping companies. Like trade in other countries, Sino-South Korean cross-border small-scale trade also requires different types of social capital, such as family networks, ethnic networks, social networks, and trust.

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Prospects and Challenges of Palestinian Logistics System

  • Hassouna, Abdallah M.A.;Kim, Hyun-Duk
    • Journal of Korea Port Economic Association
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    • v.29 no.1
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    • pp.177-193
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    • 2013
  • The purpose of this paper is to shed the light on one of the most important influential factors for the development the Palestinian economy, which is logistics system. The discussion about the Palestinian state and its economy arise after the UN General Assembly voted to grant Palestine a nonmember state. Palestine is considered land-locked country, although it has seashore. Although Palestine has seashore, it is considered land-locked country due to the lack of sovereign logistics infrastructure. International Trade with Israel, Jordan, and Egypt is done through land border crossings. Palestinian international trade to European, Asian, and American countries is currently done through Israeli airports and seaports. Almost 99% of the Palestinian imports are through land. Israeli policies and procedures incur Palestinian exports additional transportation costs when delivering their products to Israeli ports and Airport and even when transit these cargos to neighboring countries through Israeli controlled areas. Therefore, without direct access to international markets, the Palestinian economy will not be able to compete in international markets, and will continue its dependence on the Israeli economy. Considering that the current situation will continue, alternative routes for international trade to avoid using the Israeli ports are Aqaba Port in Jordan and Port Said in Egypt. In the long term, having a seaport and Airport in Gaza, Airport in the West Bank, and constructing the Corridor connecting Gaza and the West Bank, is the only solution capable for independently integrating the Palestinian economy with the region and other countries in the world, and therefore creating competitive advantage for the Palestinian exports.