• Title/Summary/Keyword: Economic Distance

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An Empirical Study on the Effects of Export Promotion on Korea-China-Japan Using Logistics Performance Index (LPI)

  • La, Kong-Woo;Song, Jin-Gu
    • Journal of Korea Trade
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    • v.23 no.7
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    • pp.96-112
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    • 2019
  • Purpose - "Trade Facilitation" aims the easier flow of trade across borders, driven not only by effective customs administration, the efficiency of appropriate authorities, but also by telecommunications, the quality of infrastructures and competent logistics. Facilitating trade will help lower trade development costs as well as improve economic development and enhance economic benefits for emerging economies at a time when imports and exports are sent in and out across borders several times in the form of intermediate and final products. Not only that, globalization is being accelerated, which in turn increases competitiveness and this makes logistics one of the key factors when it comes to international trade. Highly efficient logistics services promote product movement, ensure product safety and delivery speed, and reduce trade costs between countries. The purpose of this study is, by using the LPI indices based on gravity model estimates, to analyze the impact of each LPI component on trade with the 20 biggest exporting countries of Northeast Asian countries-Korea, Japan, and China-which account for 19.05% of global exports. Design/methodology - Also, this study statistically analyzes the impact of trade on Northeast Asian countries' top 20 exporting countries, using the LPI indices relevant to Trade Facilitation based on the gravity model estimates. Findings - As a result, it was turned out that the distance, GDP, and the LPI components have relevant impact on the trade exports of all three countries but demonstrated little relation to the demographic perspective. Originality/value - The study also found we can increase the trade volume by improving three countries' trade partners' LPI indices since Korea, Japan, and China share most of their 20 biggest trade partners.

Analysis of Japan's CPTPP Trade Effect Using Gravity Model (중력모형을 이용한 일본의 CPTPP 교역 효과 분석)

  • Jongin Kim;Seong-Hyuk Hwang
    • Journal of Industrial Convergence
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    • v.21 no.5
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    • pp.43-50
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    • 2023
  • The South Korean government announced its plan to pursue membership in the CPTPP in 2022, aiming to establish a stable supply chain within the Asia-Pacific region. The CPTPP, led by Japan, was ratified in 2018 by 11 countries with the goal of eliminating tariffs and establishing new trade rules. According to our analysis, since the implementation of the CPTPP, there has been a trade promotion effect among Japan and member countries, with greater effects observed in countries with higher GDP per capita and closer geographical distance. As long as tariff elimination and reduction proceed as planned, the trade promotion effects are expected to expand gradually. However, the expansion of trade between Japan and CPTPP member countries may also indicate a relative contraction in trade with non-member countries, potentially posing a threat to the stable supply chain in the Korean industry within the Asia-Pacific region. As Japan is Korea's fourth-largest trading partner, it is necessary to carefully consider the impact of CPTPP on Japan's future trade with member countries and engage in discussions regarding Korea's participation and negotiation content based on a thorough examination of the matter.

Environmental and Socioeconomic Indicators of Virtual Water Trade: A Review

  • Odey, Golden;Adelodun, Bashir;Kim, Sang Hyun;Choi, Kyung Sook
    • Proceedings of the Korea Water Resources Association Conference
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    • 2020.06a
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    • pp.211-211
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    • 2020
  • The concept of virtual water has been largely applied in the study of regional, national, and global water flows with particular emphasis on water scarcity. Despite water traditionally being managed locally, certain global forces influence the local water resource scarcity/availability and hence virtual water exchanges worldwide. It is therefore of necessity that the significant forces be examined to understand the relationship between available water in a region and the variability and trends in environmental, social, and economic factors that are of utmost importance in the formulation of water resources management policies. This study therefore reviewed recent literature from 2003 - 2019 to determine the significant indicators of virtual water trade at different spatiotemporal levels. The study examined and compared the major approaches to virtual water trade flows accounting, and also identified and discussed policy implications and future research options concerning the analysis of virtual water trade. Available information has shown that virtual water trade is significantly influenced by economic (GDP, Demand-Supply of goods and services), geographical (Distance), institutional (population) and environmental (water availability, arable land, precipitation) factors. Reports further show that the selection of a given approach for virtual water trade flows accounting will depend on the scope of the study, the available datasets, and other research preferences. Accordingly, this study suggests that the adoption of multidisciplinary approaches to virtual water trade, taking into consideration the spatial and temporal variations in water resources availability and the complexity of environmental and socioeconomic factors will be pivotal for establishing the basis for the conservation of water resources worldwide.

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A Study on Factors Affecting Foreign direct Investment in Korea -Focused on Hofstede's Culture Dimensions and CPI Index- (한국의 외국인직접투자에 영향을 주는 요인에 관한 연구 - 문화적 차원과 부패인식지수를 중심으로-)

  • Choi, A-Reum;Koo, Jee-Hyun
    • Journal of Digital Convergence
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    • v.15 no.6
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    • pp.1-8
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    • 2017
  • This study examined the factors influencing foreign direct investment(FDI) in OECD countries where Korea is a target country. The differences in the cultural distances of host and home countries and the difference in the perceptions of corruption have been used to identify the factors affecting foreign direct investment. As a result of the study, it was found that there are differences in foreign direct investment according to cultural dimension and corruption perceptions index. Foreign direct investment may increase or decrease depending on the cultural tendency and the higher the perceptions of corruption, the more active the investment. The smaller the power distance between host country and home country in the factors affecting foreign direct investment, the larger the number of investments and the larger the size of individualism versus collectivism. Foreign direct investment increased when the investing country's corruption perceptions index was high. The results of this study confirm that cultural and corruption perceptions can affect trade transactions. Therefore, it is necessary to consider the cultural tendency and the cultural distance in the trade transaction by confirming that the degree of culture and corruption perceptions can affect the trade transaction. And that it can influence trade and economic growth by appropriately managing social variables such as public corruption.

Computational Fluid Dynamics Study of Channel Geometric Effect for Fischer-Tropsch Microchannel Reactor (전산유체역학을 이용한 Fischer-Tropsch 마이크로채널 반응기의 채널 구조 영향 분석)

  • Na, Jonggeol;Jung, Ikhwan;Kshetrimayum, Krishnadash S.;Park, Seongho;Park, Chansaem;Han, Chonghun
    • Korean Chemical Engineering Research
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    • v.52 no.6
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    • pp.826-833
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    • 2014
  • Driven by both environmental and economic reasons, the development of small to medium scale GTL(gas-to-liquid) process for offshore applications and for utilizing other stranded or associated gas has recently been studied increasingly. Microchannel GTL reactors have been prefrered over the conventional GTL reactors for such applications, due to its compactness, and additional advantages of small heat and mass transfer distance desired for high heat transfer performance and reactor conversion. In this work, multi-microchannel reactor was simulated by using commercial CFD code, ANSYS FLUENT, to study the geometric effect of the microchannels on the heat transfer phenomena. A heat generation curve was first calculated by modeling a Fischer-Tropsch reaction in a single-microchannel reactor model using Matlab-ASPEN integration platform. The calculated heat generation curve was implemented to the CFD model. Four design variables based on the microchannel geometry namely coolant channel width, coolant channel height, coolant channel to process channel distance, and coolant channel to coolant channel distance, were selected for calculating three dependent variables namely, heat flux, maximum temperature of coolant channel, and maximum temperature of process channel. The simulation results were visualized to understand the effects of the design variables on the dependent variables. Heat flux and maximum temperature of cooling channel and process channel were found to be increasing when coolant channel width and height were decreased. Coolant channel to process channel distance was found to have no effect on the heat transfer phenomena. Finally, total heat flux was found to be increasing and maximum coolant channel temperature to be decreasing when coolant channel to coolant channel distance was decreased. Using the qualitative trend revealed from the present study, an appropriate process channel and coolant channel geometry along with the distance between the adjacent channels can be recommended for a microchannel reactor that meet a desired reactor performance on heat transfer phenomena and hence reactor conversion of a Fischer-Tropsch microchannel reactor.

Selection method of public transportation vulnerable area using GIS buffering analysis (GIS Buffering기법을 이용한 대중교통취약지구 선정방법)

  • Kim, Yeon-Woong;Chang, Sung-Bong;Jang, Gwang-Woo;Park, Min-Kyu
    • Proceedings of the KSR Conference
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    • 2011.10a
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    • pp.1739-1742
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    • 2011
  • Public transportation network in our country is concentrated and advanced focusing on urban area in order to secure economic feasibility. As a result, as dependence on private vehicles is relatively getting higher in public transportation vulnerable area, traffic problem occurs since the average running speed in urban area is 22.5km/h. This paper has an objective to suggest an improvement plan by selecting public transportation vulnerable area, and defining according to urban structure, formation and function, and understand traffic characteristics and draw problems. As a method selecting public transportation vulnerable area, an area with high division rate of vehicle was selected as a primary proposed site by calculating division rate of means of public transportation according to area. Final proposed site was selected by using GIS Buffering technique aiming at selected proposed site, and selecting non-benefit area 500m outside, which is the road limit distance from each subway and bus station. Lastly, the degree of improvement effect was studied by constructing imaginary public transportation network aiming at final proposed site and comparing to the amount of change in division rate of means of transportation.

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A Study on Level of Safety Awareness and Disaster Prevention Measures According to Driver's Characteristic (운전자 특성에 따른 안전 의식 수준과 재해예방 대책에 대한 연구)

  • Lee, Man-Soo
    • Journal of the Korea Safety Management & Science
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    • v.15 no.4
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    • pp.131-136
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    • 2013
  • Automobile was first introduced in 1903 in South Korea, the masses of the car was carried out rapidly compared to other countries. However, many people were killed in a traffic accidents and economic loss was occurred due to the spread of the automobile. In South Korea, 2012, traffic accident occurred 223,656 times, 5,392 fatality, 344,565 injured people. In the last five years, about 224,000 accidents per year were occurring. In other words, 610 traffic accidents occur and about 15 people pass away in one day. In addition, the proportion of traffic accidents is first place in the OECD countries and it is very high in the world. Understand occurrence tendency of traffic accident, accident frequency rate of the driver who drives more than 10 years was higher than the novice driver. In addition, as a result of examining the cause of the traffic accident, breach of safe driving obligation appears highest case (125,391 times), and followed by signal violation, break safety distance. Therefore, the majority of traffic accidents occurred by the lack of safety awareness of the driver. In this study, prevent the loss of human life and property in traffic disaster, by establish disaster prevention measures that investigated by questionnaire survey and statistical data of the state of consciousness and driving posture in response to the driving history of the driver.

A Study on Web-based Mobile Mapping System Using Real-Time GPS/INS System (실시간 GPS/INS 시스템을 이용한 웹기반 모바일 매핑시스템 연구)

  • 이종기;김병국;권재현
    • Spatial Information Research
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    • v.11 no.3
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    • pp.291-299
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    • 2003
  • The Mobile Mapping System collects geographic information through mounted sensors such as a pair of CCD camera, CPS, IMU(Inertial Measurement Unit) and Odometer at regular distance or time interval. The advantage of such system is to easy identification of positions and geographic informations of mobile objects in real time. Among many wireless communication ways for real-time positions and geographic information data from the mobile mapping system to the user such as PDA, wireless modem, cellophane, and web, the web is considered to be more stabile, effect and economic than any other methods. In this paper, a study on the web-based real-time mobile mapping platform to identify the user position is presented using the real-time NovAtel BDS.

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A Study on the Priority of Residential Choice Element by Middle-size City Residents (중도시 거주자의 주거선택요소 중요도)

  • Cho Hyun-Ju;Park Kyoung-ok
    • Journal of the Korean housing association
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    • v.16 no.6
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    • pp.55-63
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    • 2005
  • The purpose of study is to suggest the data on what residential choice elements have to be considered to be important when the apartments are planed in middle size cities. This study analyzed the environmental characteristics of Cheong-Ju city and compared the priority of residential choice elements by using AHP(Analytic Hierarchy Process). The results of analysis are as follows. 1) The rate of housing supply in Cheong-Ju city is low at $80.2\%$ and concentrated on small sized apartments. Furthermore, the educational and traffic facilities are very insufficient. 2) While residential choice in Cheong-Ju is heavily characterized by educational surroundings, it is less affected by economic aspects such as housing prices and the value of investments and accessibility to public transportations, distance to working places. 3) It is affected by residents' general characteristics like as sex, age, life cycle, education level, properties, home ownership, number of room and type of house they want. In conclusion, the middle size cities like Cheong-Ju need the large scale residential plans connected with educational considerations, focused on improvement in quality and outdoor space. In addition, it is recommended to make plans to satisfy the diverse needs of consumers.

A study on the optimal placement model building of artificial reef (인공어초의 최적 배치모델 구축에 관한 연구)

  • SOHN, Byung-Kyu;JEONG, Seong-Jae
    • Journal of the Korean Society of Fisheries and Ocean Technology
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    • v.53 no.2
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    • pp.160-168
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    • 2017
  • In this study, we propose a method of optimal placement technique of artificial reef considering characteristics of sea areas and provide basic data for efficient budget execution. In addition, we will contribute to increasing the economic efficiency by improving the fisheries productivity by suggesting the scientific basis for the policy data and the increase of the catch through the resource creation based on the ecological information about the biology. Especially, in order to establish the effective disposition (optimum separation distance) of artificial reef considering characteristics of biological and engineering factors, it is necessary to review the artificial reef installation management regulations and investigate the biological effects of artificial reef facilities, is needed. Through this, it is expected that the ground data of the direction of the policy promotion will be derived by suggesting the placement condition of the artificial reef complex which can maximize the resource composition effect according to the target fish species.