• 제목/요약/키워드: Economic integration

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The Customs Union between the European Union and Turkey and its Impacts on Turkey's Economy

  • Becker, Kip;Baki, Ibrahim;Lee, Jung Wan
    • The Journal of Asian Finance, Economics and Business
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    • 제3권2호
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    • pp.41-49
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    • 2016
  • Since World War II nations have formed alliances for reasons of security and trade. Countries have seen international integration as an appropriate approach to resolving domestic and international political issues, improving their welfare by both transforming their infrastructures and increasing their foreign trade. While the majority of these relationships are straightforward d Turkey's relationship with the European Union is more complex due to differences in religion and, at times, political ideology from other Union members. As a candidate country Turkey has made advances towards the full membership of the European Union with the customs union being the most significant. The impact of customs union membership is discussed and the effects of the customs union on Turkey's trade and economy are examined from a perspective of different economic theories.

Quantitative Tests for Income Level Convergence in Asian Countries

  • Tejero, Wilma Milo;Hwang, Jinyoung
    • 아태비즈니스연구
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    • 제10권1호
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    • pp.1-11
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    • 2019
  • Asian countries have been striving for economic integration for decades. This effort may lead to the convergence of income level through externalities across countries. This paper investigates whether the convergence phenomenon holds for income levels in Asian countries for the periods between 1975-2015 applying the traditional methodology of ${\sigma}-$ and ${\beta}-convergence$. Although the absolute ${\beta}-convergence$ of income levels in Asian and ASEAN+3 countries do hold, ${\sigma}-convergence$ and conditional ${\beta}-convergence$ of income level generally do not exist. This suggests that the benefits of economic integration in Asian countries were not yet realized to be significant. A plausible explanation is that the economies of Asian countries are largely based on low trade openness and a high level of informal economy.

A Research of the Logistics Legal System in China-Korea FTA

  • Zhang, Fan;Su, Shuai
    • 융합경영연구
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    • 제6권1호
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    • pp.25-30
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    • 2018
  • Purpose - This paper mainly studied the role of the logistics legal system in promoting international transport logistics, building marine economy international cooperation demonstration zone and deepening the economic and financial cooperation etc between China and Korea. Research design, data, and methodology - The study conducted a survey on China and Korea's 2012-2017 years data. After empirically analyzing the data, we believe that cultural industry in Korea and China will maintain its growth momentum. Results - This study explored the way to establish an integrated logistics system between China and Korea to match the e-commerce certification system, online payment system and logistic distribution, thereby gradually promoting economic development and logistics integration in Asia. Conclusions- China-Korea FTA can encourage private flow to take on enterprises. In terms of improving logistics efficiency, reducing logistics costs and establishing a unified logistics industry standardization system. This will accelerate logistics industry integration in Northeast Asia, build a unified logistics management center in Northeast Asia, and promote a new model of integrated logistics cooperation in Northeast Asia. Therefore, it has a practical and reference significance.

Analysis of Corporate Sustainability Management Cases in Sneaker Brands

  • Jaeyoung Lee
    • International Journal of Advanced Culture Technology
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    • 제12권3호
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    • pp.317-324
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    • 2024
  • In terms of corporate sustainability management, the footwear industry is still at a very early stage compared to other sectors, and footwear, especially sneakers, is not as far along as apparel due to the nature of the product. As a result, there is a lack of research on sustainability in the sneaker industry in the academic community. Thus, this study analyzed the sustainability practices of three leading brands in the sneaker market, adidas, allbirds, and NIKE, in order to provide basic data for expanding sustainability in the sneaker industry. The study found that the characteristics of sustainable management in sneaker brands are economic efficiency, environmental circularity, social integration, and governance soundness. Sustainable management is increasingly recognized as an essential task in modern society, and as the sneaker market expands, the demand for CSM from relevant brands will grow accordingly. Therefore, the results of this study will help to set policy directions for sneaker brands pursuing sustainable management.

Application of a Simulation Model for Dairy Cattle Production Systems Integrated with Forage Crop Production: the Effects of Whole Crop Rice Silage Utilization on Nutrient Balances and Profitability

  • Kikuhara, K.;Hirooka, H.
    • Asian-Australasian Journal of Animal Sciences
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    • 제22권2호
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    • pp.216-224
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    • 2009
  • In Japan, since rice consumption has been decreasing with the westernization of Japanese eating habits, surplus paddy fields have been increasing. If these surplus paddy fields can be utilized for forage rice production as feed for animal production and excretions (feces and urine) from animal production can be applied to the paddy fields as manure, then the problems of surplus paddy fields and excretions from animal production may be solved, and the environment kept sustainable. The objectives of the present study were to apply a bio-economic model to dairy and forage rice integration systems in Japan and to examine the merit of introducing whole crop rice silage (WCRS), as well as economic and environmental effects of various economic and management options in the systems. Five simulations were conducted using this model. The use of WCRS as a home-grown feed increased environmental loads and decreased economic benefit because of the higher amount of purchased feed, when compared to the use of typical crops such as maize, alfalfa and timothy silage (simulation 1). Higher economic benefits from higher forage rice yields and higher milk production of a dairy cow were obtained (simulations 2, 3). There were no economic and environmental incentives for utilizing crude protein (CP) rich WCRS, because an increase in the CP content in WCRS led to the use of more chemical fertilizers, resulting in high production costs and nitrogen outputs (simulation 4). When evaluated under the situation of a fixed herd size, increasing forage rice yields decreased the total benefit of the production, in spite of the fact that the amount of subsidies per unit of land increased (simulation 5). It was indicated that excess subsidy support may not promote yield of forage rice. It was, however, observed in most cases that dairy and forage rice integration systems could not be economically established without subsidies.

연령집단과 인구사회적 특성이 노인의 자아통합감에 미치는 상호작용 효과 (The Interactive Effects of Age Groups and Demographical Characteristics on Self-Integration of Elderly People)

  • 이미란;김선희
    • 대한가정학회지
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    • 제50권3호
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    • pp.95-109
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    • 2012
  • The main purpose of this research is to analyze the variety of self-integration in accordance with the age of the elderly citizens and to verify the interactive effects of age groups and demographical characteristics on self-integration. For the purpose of this research, group of 603 elderly people who reside in Busan and are aged more than 65 were selected as participants. In this research, the elderly citizens were categorized into three age groups namely 65-74, 75-84, and above 85 years. From the results of the research we found out the following results: There were differences in self-integration across the various age groups; the age groups and the level of education had interactive effects on each other; there were differences in self-integration according to the level of education, marital status, type of co-living with children, economic status, and health status. The research showed significance in analyzing, positively the fact that public services which are designed for elder citizens need to be provided discriminatively and they should be suited for the various age groups.

TSR-TKR 통합 운영 노선에 대한 기초 연구 (The Basic Research for Integration of Operation Line on TSR-TKR)

  • 이찬우;서정원
    • 한국철도학회:학술대회논문집
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    • 한국철도학회 2002년도 추계학술대회 논문집(I)
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    • pp.335-342
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    • 2002
  • The development of the TSR-TKR Network will be regarded as the most important step towards the realization of integrated regional transportation system. If the TSR-TKR is constructed, there may be a possibility for the TKR to be used for shipments to Europe relacing marine shipments that take place at present. However, major forwarders think that it will not be easy to ensure the economic competitiveness of the TSR-TKR route. In this study, we have analyzed the optimim route for integration of opreation line on TSR-TKR.

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Research on Construction of the Logistics Legal System in CJK FTA

  • Yi, Shan;Su, Shuai
    • 동아시아경상학회지
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    • 제3권4호
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    • pp.21-28
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    • 2015
  • With CJK FTA as a starting point, this paper mainly studied the role of the logistics legal system in promoting marine industrial cooperation, facilitating investment trade, establishing international transport logistics, building marine economy international cooperation demonstration zone and deepening the economic and financial cooperation between China, Japan and Korea, and explored the way to establish an integrated logistics system between China, Japan and Korea to match the e-commerce certification system, online payment system and logistics distribution, thereby gradually promoting economic development and logistics integration in Northeast Asia, improving logistics efficiency, reducing logistics costs and establishing a unified logistics industry standardization system. This will accelerate logistics industry integration in Northeast Asia, build a unified logistics management center in Northeast Asia, and promote a new model of integrated logistics cooperation in Northeast Asia. Therefore, it has a practical and reference significance. In short, the improvement for the logistics legal system in CJK FTA is not the responsibility of a country or several countries. It concerns the development and prosperity for the logistics industry in the three countries and is an inevitable choice to promote the vigorous development of CJK FTA and economic take-off of each country.

갯벌과 간척농지의 수질 및 대기조절가치의 비교분석 (A Comparative Analysis of the Functional Values for Wastewater Treatment and Atmospheric Regulation in Coastal Wetland and Rice Paddy Ecosystems)

  • 표희동
    • 자원ㆍ환경경제연구
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    • 제10권1호
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    • pp.95-126
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    • 2001
  • Functional values for wastewater treatment and atmospheric regulation in coastal wetland and rice paddy ecosystems are quantified, and an illustration is given on how to integrate biophysical parameters into a valuation framework. This is one of most controversial issues in economic analysis for wetland preservation versus wetland conversion to agricultural use. This paper includes theoretical considerations for estimating functional values of environmental ecosystems, and the integration of biophysical data and replacement cost method employed. Specific physical and geographical characteristics and data on ecosystem functions and services in coastal wetlands and rice paddies are addressed for evaluating their values in economic terms. In particular this paper indicates double counting problems and overestimation in the previous studies, and demonstrates how to avoid them and to maintain the consistency of valuation process involving a least-cost method, thus enables an accurate integration of the coastal wetland ecology and wetland economics. As a result which is far away from the previous studies, the total economic present value of wastewater assimilation by coastal wetland is estimated at 7,484,640 won/ha, and the net present value of positive effect for atmospheric regulation, negative effects for air pollution and water pollution by rice paddy is estimated at -37,934 won/ha, assuming that resources are infinitely long-lived and the annual value and the rate of discount (10%) is constant every year. In conclusion, for further reliability and validity of functional values for natural resources it is very noteworthy that a general equilibrium framework that could directly incorporate the interdependence between ecosystem functions and services would be preferred to the partial equilibrium framework.

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Decoupling and Sources of Structural Transformation of East Asian Economies: An International Input-Output Decomposition Analysis

  • Ko, Jong-Hwan;Pascha, Werner
    • East Asian Economic Review
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    • 제18권1호
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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.