• Title/Summary/Keyword: Export Costs

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Corporate Political Activities on Firm Performance (기업의 정치적 활동이 기업성과에 미치는 영향)

  • Kim, Chan-Bok
    • Journal of the Korea Management Engineers Society
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    • v.23 no.4
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    • pp.125-141
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    • 2018
  • As global competition is intensifying, companies are entering not only developed markets but also emerging and developing countries. In emerging and developing countries, business-to-governmental relations are an essential factor influencing the firm performance. The purpose of this research is to examine the effects of corporate political activities on firm performance. Using the BEEPS data developed by the EBRD and the World Bank, the effect of various bribery activities regarded as corporate political activities on the firm performance was examined. Also, the moderating effect of competition type on the firm performance was proved. As the results, the bribery contribution, which is a corporate political activity, has a positive effect on the firm performance. Specifically, when infrastructure bribery occurred, costs and sales were higher, and when permission bribery was granted, profits, costs, and sales were higher. In addition, the effect of bribery as a corporate political activity on firm performance is moderated by competition type. These findings have academic and practical implications for empirical analyzing of SMEs' firm performance, guidelines suggestion for entry into the other countries, generalization possibility of using credible data, developing and designing export support systems and programs. Finally, limitations of the research and future research directions were discussed.

오염집약도와 국제경쟁력의 변화: 1993~98

  • Kim, Dong-Seok
    • KDI Journal of Economic Policy
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    • v.24 no.1
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    • pp.113-190
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    • 2002
  • The purpose of this paper is to perform empirical studies on the impact of pollution intensity on international competitiveness using 1993 and 1998 data, and to estimate the change in environmental regulation level faced by the firms during 1993~1998. Collecting relevant data and providing them for further studies in the area are another purposes of the paper. The first method is the regression of various indices of international competitiveness on factor costs, such as labor, capital, R&D and pollution abatement costs. Goal of the regression analysis is to estimate the scarcity and comparative advantage effect of each production factor, especially environmental resource. Regression results show that those industries which employ more environmental resource have higher comparative advantage in both years, which implies that Korean firms are endowed with abundant environmental resource compared to other countries. The second method is to compute the relative scarcity indices(HOVL indices) of production factors, proposed by Leamer based on Vanek's generalized Hecksher-Ohlin Theorem. This method estimates the relative scarcity of production factors by computing factor costs embodied in import and export of commodities. This method shows similar results as the regression method; i.e., trade pattern of production factors implies that the manufacturing sector in Korea is endowed with abundant environmental resource compared to other countries. Considering population density, water resource endowment, intensity of economic activity per unit area and current air and water pollution levels, it is evident that Korea is never endowed with abundant environmental resource compared to other countries. Then the abundance of environmental resource revealed by the trade patterns of commodities and production factors implies that Korea's environmental regulation level is excessively generous compared to environmental capacity, and that this increased the environmental resource endowment supplied to firms and thus distorted the inter-industry comparative advantages. Both regression and HOVL methods, on the other hand, show that overall environmental regulation level faced by the firms has been strengthened during 1993~1998.

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A study on Korea's defense export expansion strategy - Focusing on Korea-Poland Defense Export Case - (한국의 방산수출 확대 전략 연구 - 한·폴란드 방산수출 사례를 중심으로 -)

  • Geum-Ryul Kim
    • Convergence Security Journal
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    • v.23 no.4
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    • pp.141-151
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    • 2023
  • Since the end of the Cold War in the 1990s, European countries have cut defense costs and reduced armaments as an era of peace without large-scale wars continues, and as a result, the West's defense industry base has gradually weakened. On the other hand, South Korea, the world's only divided country, was able to achieve high growth in the defense industry as a result of continuous arms strengthening in the face of North Korea's nuclear and missile threats. With the rapid increase in demand for conventional weapons systems and changes in the structure of the global defense market due to the Russia-Ukraine war, Korea's weapons system drew great attention as a large-scale defense export contract with Poland was signed in 2022. In 2023, K-Defense ranked ninth in the world's arms exports and aims to become the world's fourth-largest defense exporter by 2027. Therefore, this study analyzed the case of Korea-Poland defense exports to derive problems, and presented development strategies related to export revitalization of K-Defense, a national strategic industry. In order for the defense industry to become Korea's next growth engine, it is necessary to establish a defense organization, prepare government-level measures to protect defense industry technology, and expand military and security cooperation with allies linked to defense exports.

Analysis of Forging Technology based on Investigation of Production Cost in the Korean Forging Industry (국내 단조산업 생산비용 조사를 통한 단조기술 분석)

  • Lee, H.W.;Choi, S.;Bae, S.M.
    • Transactions of Materials Processing
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    • v.19 no.8
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    • pp.523-528
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    • 2010
  • The forging industry is composed of those plants that make parts to order for customers; or make parts for their own company's internal use; or make standard parts for resale. Also, the forging industry is closely related with automobile industry and ship building industry - Korea's major export industry. But, it is hard to find the Korea's forging industry's statistical analysis because it is not revealed with final product. In this paper, we perform statistical analysis using the micro data service provided by the Statistics Korea. We focus on the analysis of production costs as well as the status of forging company and their employee.

An Applied Study of the Analytic Network Process to Assess Country Conditions for Korean Steel Exports

  • Cho, Keun-Tae;Hong, Soon-Wook
    • Journal of the Korean Operations Research and Management Science Society
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    • v.23 no.3
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    • pp.209-233
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    • 1998
  • In this study, we demonstrate how the Analytic Network Process (ANP) model which is combined with Michael Porter's diamond framework can be used for assessing conditions of selected countries : Brazil. India and China for Korean steel exports. The problem of assessing country conditions requires a model that evaluates several factors on different dimensions. Those dimensions are needed for ranking them according to their likeliness of being a target for Korean steel exports. The ANP consists of four kinds of dimensions called control hierarchy : benefits, opportunities, costs, risks, each of which represents the relationship of its own clusters and elements. To develop the clusters and elements of each dimension, Porter's diamond framework will be used. The final results show that China is the most attractive country to export steel, followed by Brazil and India. This is consistent with the information that we found with respect to the elements that were taken into consideration.

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Global Trade Management Strategies for Export Companies from the Supply Chain Management Perspective (공급사슬관점에서 수출기업의 글로벌 무역관리 전략)

  • Yang, Jung-Ho
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.35
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    • pp.179-219
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    • 2007
  • Cross-border supply chains undergone complexity in the global trade process, unpredictability and continually evolving regulations and information requirements. Under these circumstances, longer lead time inhibiting quick response to market demands, unanticipated supply chain costs eroding product cost savings, compliance and documentation errors causing delays and fines are challenging global trade companies when they execute global business. These problems are mainly caused by unautomated, unintegrated process which lead to longer and more unpredictable lead times, slower cash flow, cost overruns, and ultimately lower profits and less satisfied customers. Complex and unpredictable global trade environment requires global trade companies of global trade management functions to automate and control this complex environment for driving out cost, time and risk from their business. Global trade management allows cost savings, supply chain efficiencies and improved compliance through improving global supply chain visibility, facilitating cash flow by supply chain financing, enhancing supply chain security and risk management.

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Smart Tax System (지능형 관세 시스템)

  • Hong, You-Sik
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.11 no.4
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    • pp.175-180
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    • 2011
  • Nowadays, the advanced technology of wireless communication technology has been studied using the tax system. Wireless communications technology logistics management, inventory management, are widely used in the field of port management. Especially, RFID technology, import and export business of logistics costs in the distribution has been hailed as the technology to do. In this paper, logistics information system components, RFID technology is one of the proposed algorithm using the intelligent customs management. Moreover, in this paper, goods purchased from abroad, using the phone anywhere at any time simply to calculate the tariff proposed simulation.

Equivalence between Increasing Returns and Comparative Advantage as the Determinants of Intra-industry Trade: An Industry Analysis for Korea

  • Lee, Honggue
    • 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.

Containerization in Korea: the Present Situation and Problems (콘테이너운송의 유통합리화에 관한 연구)

  • 민성규
    • Journal of the Korean Institute of Navigation
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    • v.4 no.1
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    • pp.63-84
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    • 1980
  • Since 1972 the growth of container services in Korea has been explosive and many shipping lines have heavily committed themselves to containerization as a means of lowering their operational costs by introducing capital-intensive methods to the traditionally labour-intensive field of general cargoes. However, by the lack of comprehensive long-range planning for the reception of containerization there has been bottle-neck at some of the stages along which import-export cargo may pass through a berth to shippers' premises. The aim of this article is to examine the present status of containerization in Korea and assess the implications of containerization for the location of the various distributive facilities: ports, inland container transport, inland clearance depots, groupage terminals, distribution depots at the national level.

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Effects of Agglomeration Economies on Chinese Firms: Internationalization and Learning-by-Exporting

  • Chung, Jaiho;Shin, Jiyoung;Cho, Hyejin;Moon, Jon Jungbien
    • International Area Studies Review
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    • v.20 no.1
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    • pp.209-234
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    • 2016
  • This study examines the effects of exporter agglomeration on purely local firms' decision to undertake internationalization and the resultant performance enhancement from internationalization using propensity score matching and difference-in-differences approach. We find that the likelihood of starting to export is higher when purely local firms are located in a region with a higher level of exporter agglomeration, as positive externalities allow them to overcome insufficient internal resources and reduce the large initial foreign market entry costs. We also find that newly exporting firms are more likely to experience greater performance enhancement from exporting when they are locate in a region with a lower level of exporter agglomeration.