• THE INTERNATIONAL COMMERCE & LAW REVIEW
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• v.46
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• pp.237-261
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• 2010

Resent East Asian economic growth has lead the increase of global trade volume and global logistics to the level of full-scale development as aiming to have quantitative growth in world trades in one hand and increasing mutual dependence among the East Asian Economic Bloc on the other. In other words, East Asian economic current growth is going along as connecting with 2 different process that are the increase of global trade volume and the technical development of global logistics system. And mutual dependence among the East Asian Economic Bloc shows the deepening trend in production and consumption. While having the flow of expansion in East Asian trade volume and logistics network in mind, this paper will study on trend in East Asian intra-trade and then study on change & tasks in the East Asian Logistics system.

• Proceedings of the Korean Institute of Navigation and Port Research Conference
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• v.1
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• pp.471-475
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• 2006

For years, Korea, China and Japan have been continuously increasing intra-trade. In addition, by concluding FTA (Free Trade Agreement) among Korea, Japan and China, the trade capacity will be increased. In this way, the increasing trade capacity will induce to change north-east Asian economy. This paper researches which method is more economical and efficient in the aspect of the transportation time and distance, after comparing the existing marine transportation network with new intermodal transportation network considering TKR.

• Asia-Pacific Journal of Business
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• v.2 no.1
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• pp.49-73
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• 2011

With the market evaluation of economic globalization exchanges between different cultures, cultural trade has been developing at an accelerated speed, and also playing an important role in East Asian intra-regional trade. In this research the author used gravity trade model to explain the causal relationship between dependent variable trade flows and several independent variables applying with five categories cultural goods which classified in HS codes. Firstly for cultural heritage trade flow, the results indicated that economic masses of bilateral countries have no significant influences on it; GDP per capita of host country and adjacency factor with partner country have significant negative influences on it; Internet coverage ratio has improved cultural heritages exchanges in East Asian regions. Secondly for printed matter cultural goods trade flow, the distance factor has significant negative influence but common language has significant positive influence on it. Thirdly for recorded media cultural goods, only economic masses and GDP per capita of bilateral countries can improved their trade flows. Fourthly for visual arts cultural products trade flows, almost all variables we tested have significant influences on it. Fifthly for cinema photography cultural goods trade flow, the influenced factor are same with cultural heritage products except they have strong positive interaction relationship with economic masses and common language. At last, the paper figured out some important and potential sectors for cultural goods trade in East Asia and gave some suggestions to government and cultural goods product enterprises.

• East Asian Economic Review
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• v.22 no.1
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• pp.75-114
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• 2018

A two-part model is estimated to see if increasing returns and comparative advantage are empirically equivalent in explaining intra-industry trade. The model has separate mechanisms for determining the occurrence and the extent of intra-industry trade. Estimation is based on an augmented Grubel-Lloyd index derived from the data set on SITC 7 goods at the 3-digit SITC (Revision 4) for country pairs in which Korea is fixed as a source country. Estimation results show that both increasing returns and comparative advantage can explain the occurrence and the extent of intra-industry trade.

• East Asian Economic Review
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• v.18 no.1
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• pp.55-81
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• 2014

This study aims to answer two questions using input-output decomposition analysis: 1) Have emerging Asian economies decoupled? 2) What are the sources of structural changes in gross outputs and value-added of emerging Asian economies related to the first question? The main findings of the study are as follows: First, since 1990, there has been a trend of increasing dependence on exports to extra-regions such as G3 and the ROW, indicating no sign of "decoupling", but rather an increasing integration of emerging Asian countries into global trade. Second, there is a contrasting feature in the sources of structural changes between non-China emerging Asia and China. Dependence of non-China emerging Asia on intra-regional trade has increased in line with strengthening economic integration in East Asia, whereas China has disintegrated from the region. Therefore, it can be said that China has contributed to no sign of decoupling of emerging Asia as a whole.

• East Asian Economic Review
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• v.20 no.4
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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.

• East Asian Economic Review
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• v.19 no.2
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• pp.117-142
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• 2015

This paper uses a 53-country 15-industry computable general equilibrium model of trade to analyze the effects of the Korea-China free trade agreement on the Korean economy, the manufacturing sector in particular. The model is based on Yaylaci and Shikher (2014) which uses the Eaton-Kortum methodology to explain intra-industry trade. The model predicts that the Korea-China FTA will increase Korea-China manufacturing trade by 56%, manufacturing employment in Korea by 5.7% and China by 0.55%. The model also predicts significant reallocation of employment across industries with the Food industry in Korea losing jobs and other industries there gaining jobs, with the Medical equipment industry gaining the most. There will be some trade diversion from the ASEAN countries, as well as Japan and the United States.

• STI Policy Review
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• v.3 no.1
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• pp.46-62
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• 2012

This study investigates the effects of the two most important indicators of a nation's state of scientific infrastructure: R&D investment and the number of R&D researchers engaged in high-tech product export competitiveness for a panel of 11 countries/economies from East Asia from 1994 to 2010. A GMM panel estimation method was employed to account for the dynamic effect of trade and to control for un-observed country specific effects that may arise due to an inter-country differences and intra-country dynamics. Accordingly, the empirical results reveal that (once controlled for the influence of per capita income) physical capital and infrastructure, a 1% increase in a country's expenditure on the ratio of R&D to GDP may increase high-tech product export performance by approximately $397 million per year. Other factors constant, a 1% increase in the number of R&D researchers is expected to increase the ability to export high-tech products by approximately $67 million. The East Asian development experience demonstrates how latecomers can follow systematic industrialization and join the handful of economies that have come a long way toward closing the knowledge gap with the global technological leaders. However, this does not mean that the policy approaches and overall commitments pursued by each East Asian economy in relation to R&D investment and acquisition of an adequate pool of researchers, and their ultimate achievements in high-tech product export competitiveness were uniform. As a result, there is still a significant variation among countries/economies in terms of performance. This study recommended a number of potential tools and policy instruments that may assist policy makers to foster R&D as an engine to enhance the high-tech product export competitiveness.

• Acta Via Serica
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• v.9 no.1
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• pp.1-32
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• 2024

The archaeological remnants of coastal ports and shipwrecks serve as invaluable heritage sites that provide profound insights into historical maritime activities conducted by humans. Cross-regional voyages occurred as early as the beginning of the first millennium, aided by the increasing knowledge of the monsoons. Along with expanding intra- and inter-sailing routes, the improved seaworthiness of vessels facilitated the movement of people and seaborne commodities. The names of the Indic, Kunlun, and Persian ships appear in various historical accounts written in the latter half of the first millennium, and the structural details and characteristics can be physically examined by looking at shipwrecks. Southeast and East Asian shipwrecks from the eighth to the fourteenth century provide a perspective on the dynamism of types of seagoing ships involved in long-distance trade. By examining the remnants of cargo being transported by these ships, we begin to understand how the system of cross-regional shipment of heavy and bulky items, metal objects, fragrant woods, glass, and ceramics sustained and impacted the religions, societies, culture, and regional economies. Furthermore, it helps define the Maritime Silk Route heritage to be managed and protected. As such, this paper gives the archaeological evidence of port ruins and wrecks and also introduces, as an example, a case from Central Vietnam.

• International Area Studies Review
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• v.18 no.3
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• pp.205-229
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• 2014

Global production networks (GPNs) emerged as multinational companies strategically relocated different stages of their value chain over many regions. Since GPNs require moving materials, parts, components and finished products across national borders multiple times, as well as coordinating it efficiently, they are intensified further within an integrated region. Within the region, developed countries which enjoy a comparative advantage in higher value-added tasks specialize in the production of ICT parts and components and exhibit high export RCA indices while developing countries show high import RCA indices. But, as developing countries upgrade technological capabilities and achieve industrial upgrading through participation in GPNs, their level of sophistication improves. East Asian countries have participated in GPNs to a greater degree when compared to countries in other regions because of a variety of factors. They have benefited much as shown by a significant increase in the level of ICT sophistication and export shares, which in turn led to uneven regional developments of GPNs in the ICT parts and components industry.