• Title/Summary/Keyword: Economic Corridor

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Examining the Economic Effects of Logistics Infrastructure: The Case of New Western Land-Sea Corridor in China

  • Xiangwei XIE;Jie PAN;Jinjing ZHAO;Miao SU
    • Journal of Distribution Science
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    • v.21 no.8
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    • pp.23-34
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    • 2023
  • Purpose: To examine the economic effects of logistics under the influence of policies. Research design, data and methodology: This study is the first to use the panel data of 31 provinces and municipalities in China from 2012 to 2021, and use the OLS and DID models to evaluate whether the New Western Land-Sea Corridor (NWLSC) has promoted the economic development of the regions along the corridor. Results: The NWLSC has stimulated local economic growth by promoting the development of transportation, postal, and telecommunications industries along the corridor. Further, considering the locational differences of the regions along the NWLSC, we examined the differences in economic effects between regions along the Yangtze River and those not along the Yangtze River under the background of NWLSC implementation. We found that waterway and airway transport located along the NWLSC and in the Yangtze River Economic Belt (YREB) region can significantly promote economic growth. However, for regions located along the NWLSC but not in the YREB region, the impact of roadway, railway, and airway transport in these regions on economic growth is more significant. Conclusions: This study has important reference value on how to use logistics to promote the economic and cross-border commerce development of landlocked countries or regions.

A Study on Status Quo and Problems of Cultural Exchange of Bangladesh-China-India-Myanmar Economic Corridor from the Perspective of Soft Power

  • Sun, Xiqin;He, Hongmei;Zhou, Yunsong;Zhou, Yuting
    • Korea and Global Affairs
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    • v.3 no.2
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    • pp.183-220
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    • 2019
  • Nowadays, soft power is playing a more important role in international communication and cooperation, and as cultural exchange in regional cooperation is deeply influenced by national soft powers, the development is usually unbalanced. Bangladesh, China, India and Myanmar are adjacent to each other with a long history of intercourse. In the year 2013, initiation of constructing Bangladesh-China-India-Myanmar Economic Corridor advocated by China and India was responded positively by Bangladesh and Myanmar. Since then, the world has witnessed an increasing connection of these four countries. Being the critical bond connecting the southwestern areas of China and Bangladesh, India as well as Myanmar, Bangladesh-China-India-Myanmar Economic Corridor is characterized by multiple regional cultures along with frequent connections in cultural products and activities. However, cultural exchange now is dominated by imbalanced development due to potent soft power of China and India that these two countries export more cultural products to the rest, which has an impact in many fields of Bangladesh and Myanmar. Priority should be given to coordinated development in cultural exchange regarding the construction of Bangladesh-China-India-Myanmar Economic Corridor. Only by developing a sustainable development mechanism for cultural exchange, to coordinate the influences of soft powers of these four countries, then a fine complexion of "all flowers are in bloom" can be created, returning to five original intention of the construction of this economic corridor: "Policy Communication" and "Strength People-to-people Ties", etc.

The Corridor Development of Eurasia High-Speed Railway Network (유라시아 고속철도의 Corridor 개발에 관한 연구)

  • Lee Yong-Jae
    • Proceedings of the KSR Conference
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    • 2004.06a
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    • pp.461-471
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    • 2004
  • The primary objective of this paper is to investigate the corridor of Eurasia High-Speed Railway Network from the governmental view of the Republic of Korea, whose High-Speed Train has been recently operated. The country is also expected to figure out the changes of Eurasia infrastructure system under the assumption that Trans-Korean Railway is connected to the Continent. As a result of research, the corridor connecting the TKR to TSR seems to be more attractive to the Republic of Korea than that of the TKR-TCR under the current economic and operational environments. However, even in a case, the railway linkage through the TSR between Europe and Asia should remain a supplementary means of the sea transportation route. Lastly, TSR may need a program of structural reforms, in order to continuously provide preferable services like the Pan-European Transport Network (PETN) which is currently initiated by the European Union, such as to improve outdated infrastructure (railway, bridges, signal systems, etc.), to simplify and to standardize the process of custom clearance and internal tariffs, and ultimately to construct a uniform management system for the corridor linking the TKR to TSR.

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Northeast Asian Energy Corridor Initiative for Regional Collaboration

  • Paik, Hoon
    • East Asian Economic Review
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    • v.16 no.4
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    • pp.395-410
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    • 2012
  • For historical and political reasons, South Korea (hereafter Korea), Japan and China have not achieved much progress in regional energy cooperation for decades. However, the rising importance of Northeast Asia (NEA) in the world energy sphere, especially in the global oil market, is providing an opportunity to create an integrated oil market in the region. This study suggests the Northeast Asian Energy Corridor (NEAEC) Initiative as an effective conduit for raising the possibility of the Northeast Asian oil hub project. The NEAEC Initiative combines the model of Europe's Amsterdam-Rotterdam-Antwerp (ARA) with Singapore's AsiaClear as a form of financial collaboration. The study suggests that an electronically integrated Over-the-Counter (OTC) market clearing mechanism accompanied by other key financial instruments among Korea, Japan and China can be an effective means for promoting financial collaboration in the region.

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Eurasia Initiative and East Sea Rim Maritime Community (유라시아 이니셔티브와 환동해권 전략)

  • Kang, Tae-Ho
    • Strategy21
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    • s.37
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    • pp.144-176
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    • 2015
  • In September 2013, President Park Geun-hye announced her controversial "Look North" policy, of which the most salient aspect is the "Eurasia Initiative". This comprises various proposals designed to overcome existing constraints by developing new markets and creating new economic partners in continental areas from which South Korea has been alienated since the end of World War II, and this dovetails nicely with China's One Belt, One Road Initiative. The concepts of the "Silk Road Rail Express (SRX)" and the "East Sea Rim Maritime Community (ESRMC)" have also been discussed. SRX is at present a purely symbolic railroad project intended to encourage individual, cultural, trade and diplomatic exchanges. ESRMC is a model for establishing an ad hoc community to promote regional economic cooperation around the East Sea. President Park's Eurasia Initiative will provide South Korean investment for the Northeast to complement Russian plans, like the "Northern Energy Road" being built by Gazprom, and Chinese plans, like the Chang-Ji-Tu Development Plan for the North Korean port of Rajin. China's trade, as well as its energy and food supplies, pass through the Strait of Malacca and the Indian Ocean, and are thus vulnerable to interdiction by India or the US. China is therefore trying to reduce its exposure geopolitical risk by establishing a network of corridors between the Belt and the Road to provide alternative paths. The "China-Pakistan Economic Corridor" and the "China-Myanmar Economic Corridor" provide such connections, and South Korea hopes that SRX and ESRMC can become part of a "China-South Korea Economic Corridor". This concept could do much to revitalize the underdeveloped northern provinces of China and Russia's Far East, not to mention North Korea. By linking up the Trans-Siberian Railway, the Trans-China Railway, the Trans-Mongolian Railway and the Trans-Korean Railway all these Asian countries will be connected to one another, and ultimately to Europe. An interim connection between China and South Korea using a rail-ferry has also been proposed.

The Coverage Area for Extended Delivery Service in Eastern Economic Corridor (EEC): A Case of Thailand Post Co., Ltd

  • AMCHANG, Chompoonut
    • Journal of Distribution Science
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    • v.18 no.4
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    • pp.39-50
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    • 2020
  • Purpose: This paper aimed to study the current locations of post offices to analyze service coverage area for parcel delivery in the Eastern Economics Corridor (EEC), which must be considered in the last mile to extend delivery service for e-commerce growth. Thailand Post was the case study in this paper. Research design, data and methodology: To involve solving the delivery service area under the last mile condition, the authors proposed a network analysis to determine service radius by employing a Geographic Information System (GIS). Furthermore, this paper applied Dijkstra's algorithm as a network analysis tool from GIS for analyzing the last mile service coverage area in a new economics zone. At the same time, the authors suggested an approach as a solution to locate last mile delivery center in EEC. Results: The results of the study pointed out that Thailand Post should consider more last mile delivery centers in EEC to support its express service in urban areas as well as improve the efficiency of service coverage for parcel delivery and create more advantages against competitors. Conclusions: This paper proposes a network analysis to extend the last mile service for parcel delivery by following Dijkstra's algorithm from GIS and a solution approach to add more last mile delivery centers. The results of the research will contribute to boosting customer satisfaction for last mile delivery service and enabling easy accessibility to a service center in EEC.

Theoretical Examination of Network cities and Application Possibility for South-East Region in Korea (네트워크도시의 이론적 검토와 동남권에의 적용 가능성에 관한 연구)

  • Kwon, O-Hyeok
    • Journal of the Economic Geographical Society of Korea
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    • v.12 no.3
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    • pp.277-290
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    • 2009
  • This paper aims to draw essential facts of network city, to analyze the urban corridor in South-East region, Korea, as a network city. Firstly, the characteristics of the network city is examined theoretically. The global economy is developing an innovative class of network cities. A network cities evolve when two or more previously independent cities, potentially complementary in function, strive to cooperate and achieve significant scope economies aided by-fast and reliable transport and communications infrastructure. Network Cities place a higher priority on knowledge-based activities like research, education and the creative arts. Each constituting city stands to benefit from the synergies of interactive growth via reciprocity, knowledge exchange and unexpected creativity. Secondly, we discussed the network structure of cities in South-East region, Korea itself intensively. We survey the network location and outline of the urban corridor in South-East region, spatial specialization and interaction between the constituting cities. We also discussed the problems of the network cities in South-East region, Korea and introduced the desirable policies and alternatives. We can ascertain from the case study of cities in South-East region that the cities in South-East region corresponds the network city model fairly.

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Defining the Role of Seosan-Daesan Port Considering New Northern Policy (신북방정책을 대비한 서산 대산항의 발전 전략)

  • Lee, Tae-Hwee;Kim, Sungkuk;Yun, Kyong Jun
    • Journal of Korea Port Economic Association
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    • v.35 no.2
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    • pp.21-36
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    • 2019
  • To ensure that Korea continues to grow, past governments have been consistent in following a policy of advancing into Russia, Mongolia, and Eurasia. The northern economy can expect to achieve synergistic growth because its economic structure complements that of Korea, which has high energy demand and industrial development. There is also an opportunity to accelerate the growth of the China-Russia-Mongolia economic corridor, which is based on Russia's Look East Policy, China's One Belt One Road, and the Mongolian Steppe Road initiative. The Korean government is pursuing a New Northern Policy to achieve the goal of economic cooperation and peace building with other nations, including North Korea; this policy succeeds the Northern Policy pursued by the previous government. As international economic cooperation requires transportation infrastructure, the demand for shipping, which offers more advantages than road and rail transportation, will increase; thus, it is necessary to prepare for it. Korea's port cities, which have a port that serves as the nodal point for maritime transportation, need to prepare for the New Northern Policy. In this paper, the long-term development of Seosan-Daesan port in the was planned and the North Korea's opening-op plan was considered in accordance with the New Northern Policy. Because international cooperation between the government and the provincial cities is required, cooperation with the Port Authority is needed, along with the proactive attitude of Seosan City, Chungcheongnam-do. The Seosan-Daesan port, which is the center of the liquid energy cargo center, can become the base of the New Northern Policy Region; further, the port can be an opportunity to establish its position as a peaceful economic hub on the west coast of Korea.

Improvement of International Cooperation with the Neighbouring Countries for Securing Transit Transport of Mongolia (몽골의 통과운송 안정화를 위한 주변국과 국제협력 개선방안)

  • Park, Yong-An
    • Journal of Korea Port Economic Association
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    • v.27 no.4
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    • pp.271-289
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    • 2011
  • Mongolia as a land-locked country, has tried to diversify its foreign trade with European and Asian countries. Recently continual price rise of mineral resources also helps Mongolia have chances to gain her trading partners. Nevertheless, regulations and barriers to exports of Mongolian mineral resources in China and Russia, which are transit countries, are complex and complicated in border crossing and transshipment procedures for transit transport. This paper discusses problems and barriers to economic and efficient logistics systems and transit transport of Mongolian mineral resources, and addresses a proposal of international intermodal transport corridors for improving transit transport, and suggests international cooperation, by applying transit rights of land-locked country. Specifically, it is necessary for Mongolia to search for other international intermodal corridors besides the corridor through the port of Tianjin. It is needed to build an international organization for discussion of affirmation of logistics equipments and improvement of transit procedure in border crossing, and to raise financial feasibility in building a new intermodal corridor.

The Regional Economic Impacts of Taiwan High Speed Rail

  • Huang, Hank C.C.;Hsu, Tao Hsin;Lin, Cynthia M.T.
    • International Journal of Railway
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    • v.1 no.1
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    • pp.12-19
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    • 2008
  • Starting her business operation on January 5 2007, Taiwan High Speed Rail(THSR) shapes a new time-space frame for Taiwan western corridor, where more than 90% of national population lives around and more than 95% gross domestic product created from. Comparing with the four-hour traveling time by highway before 2007, THSR reduces the time required to one and half hours from Taipei to Kaohsiung. It will not only benefit the communication along the island from north to south, but also change the location advantages/disadvantages for all cities in these regions. Therefore, this paper establishes a spatial computable general equilibrium model(SCGE Model) to simulate the economic effect of High Speed Rail(HSR). This SCGE model divides Taiwan economy into fifteen geographic regions and thirteen industries. Each region has three sectors: household sector, transportation sector, and industries sector. Following the behavior function of economic theories, the general equilibrium can be achieved simultaneously. Thus, gross regional product (GRP), capital formation, employment income and welfare/utility level can be all observed by calculating the different economic result between cases with-/ without-HSR. Besides, this model presents the social welfare benefit from HSR operation, the polarization phenomenon among regions and within certain region, unbalance distribution of welfare along the HSR line, and industries development divergence among regions etc. These major findings should be useful for regional development policy making.

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