• Title/Summary/Keyword: Export Period

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Information system design based on crowdsourcing for export expansion of Agrifood (농식품 수출 확대를 위한 크라우드소싱 기반의 정보 시스템 설계)

  • Eun, Sangkyu;Bae, Yeonjoung;Bae, Seungjong;Kim, Soojin;Bae, Wongil
    • Journal of Korean Society of Rural Planning
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    • v.21 no.3
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    • pp.33-45
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    • 2015
  • The oversea export of agricultural-product about item and quantity has not increased recently; especially the fresh-product has a tough issue because of period of production, price large fluctuations, customs clearance, quarantine, and uncertainty about actual locality, we need the information based construction to exchange information quickly about whole range of export and to focus capacity of participation subject for increasing the export. In this study we design the agricultural-product transaction information system based on crowdsourcing to transact the agricultural-product and the information of influencing benefit directly, and the information offering about export-procedure from participation of customs clearance, finance, distribution, buyer, and producer's guild, etc. We expect the producer's guild about agriculture that has not participate the trade to be able to export the agricultural-product and the stabilization of price to transact the product of collapsed or boomed through the agricultural-product information system based on crowdsourcing.

The Impact of Export Instability on Economic Growth: Evidence from Jordan

  • ABU-LILA, Ziad M.;ALGHAZO, Abdalwahab;GHAZO, Abdallah
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.8
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    • pp.13-19
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    • 2021
  • To provide empirical evidence on the impact of export instability on economic growth in developing countries, this study estimated the neoclassical production function using data of the Jordanian economy for the period 1995-2019. Real exports, real capital, and export instability were the independent variables in the production function. To determine the appropriate methodology for estimating the production function, the study conducted some preliminary tests, including the Augmented-Dickey Fuller (ADF), on the study data. The results of this test indicated that all study variables were stationary at first difference. Therefore, the Johanson cointegration test was applied to determine that there was cointegration between the study variables since the results of the former test indicated that there was one cointegration vector between these variables. The cointegration equation revealed a positive and statistically significant impact of real capital, real exports, and an indicator of export instability on economic growth. The most important policy implications for these results would be reducing the geographical concentration of exports through the expansion of free trade agreements (FTA) to enhance the positive impact of the instability of exports on economic growth. Moreover, the study recommends strengthening export-oriented actions to achieve higher levels of economic growth.

An Analysis of Factors Impacting Vietnam's Coffee Exports: An Approach from the Gravity Model

  • PHUNG, Quang Duy;NGUYEN, Tai Cong
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.8
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    • pp.1-6
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    • 2022
  • This paper uses the gravity model estimated by the random effect method to analyze the factors affecting Vietnam's coffee export turnover for the period 2007-2020 major markets according to statistics from the General Statistics Office and the General Department of Customs. Coffee export turnover was collected from the General Statistics Office, General Department of Customs, and Vietnam Cacao Coffee Association. The authors calculated the price of coffee based on output and export value from data on coffee export turnover; the authors calculated the economic gap based on population and Gross Domestic Product data (reference: geographic distance metrics on the website: http://www.distancefromto.net/countries.php) and other data was collected based on the databases of the Food and Agriculture Organization of the United Nations, the International Monetary Fund, and World Bank organizations. The results of the study show that from 2007 to 2020, the factors of Vietnam's export price of coffee, geographical distance, Gross Domestic Product of the importing country and Gross Domestic Product of Vietnam, the population of Vietnam, the economic gap between Vietnam and the importing country, the openness of the economy, all have an impact on Vietnam's coffee export turnover. Finally, some conclusions about the policy's impact are made based on the empirical results of the paper.

A Study on the Effect of Logistics Consignment Characteristics of Export Shippers on the Formation and Continuation of Transactions with Forwarders (수출 화주기업 물류위탁 특성이 포워더와의 거래형성과 지속에 미치는 영향 연구)

  • Yoon-Jin Roh;Tae-Woo Kim
    • Korea Trade Review
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    • v.47 no.4
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    • pp.255-270
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    • 2022
  • If import/export shippers entrust their international logistics activities to forwarders, they can receive good logistics services at a lower cost. Therefore, it is important to form a trading relationship between the export shipper company and the forwarder, and it helps to improve the competitiveness of the company. This study derives factors that an export shipper company forms a transaction relationship with a forwarder, and analyzes the effect of transaction formation factors on transaction continuity. Next, the relationship between export consignment characteristics of export shippers and their influence on transaction formation factors and transaction continuity is identified. As a result of the study, transaction formation factors consisted of price, quality, and companionship, and all factors were found to affect transaction continuity. The characteristics of consignment logistics for shippers are the proportion of consignment, the number of business partners, and the transaction period. The proportion of consignment and the number of business partners affected the price factor, and the number of business partners affected the quality factor. There was no mutual influence between the transaction continuity and the characteristics of the shipper's logistics consignment. Therefore, there is a need for recognition of a relationship that can grow between shippers and logistics companies through consignment transactions rather than subordinate recognition based on fair transactions.

The effect of Korea's policy to support the purchase of raw materials for export of livestock products

  • Jaesung Cho;Sanghyen Chai;Hanpil Moon
    • Korean Journal of Agricultural Science
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    • v.49 no.4
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    • pp.761-769
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    • 2022
  • The Livestock Raw Material Purchase Fund is a policy to increase the export of livestock products by providing loans to exporters of livestock products (including byproducts). The policy started in 2015 and the annual budget is about 26 billion won. However, a quantitative evaluation of policy effects has not yet been made. Therefore, in this study, the economic surplus of the policy was analyzed using the equilibrium displacement model (EDM). From the results of the welfare analysis, from 2016 to 2019, producer surplus in the chicken and duck market increased by KRW 70.9 billion, while consumer surplus decreased by KRW 70 billion. In other words, the total economic surplus of the chicken and duck market increased by about one billion won during the same period due to the increase in export demand according to the policy. Therefore, the Livestock Raw Material Purchase Fund can be viewed as a policy to maintain and increase export demand for export livestock products and to improve the economic surplus of the livestock product market. Also, since the policy is based on loans, it does not place a burden on the government's finances. Therefore, this policy should continue in the future.

The Forecast analysis on Non-electrical Machinery and Equipment of Macroeconomic variables (기계산업 수출액에 대한 거시경제변수의 예측 실험 - 보건과학분야의 정밀기계 수출액 포함 -)

  • Kim Jong-Kwon
    • Proceedings of the Safety Management and Science Conference
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    • 2006.04a
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    • pp.471-484
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    • 2006
  • The focus of analysis is effect on Non-electrical Machinery and Equipment of Macroeconomic variables through long-term and short-term periods. Also, this paper is related with implication on steady growth possibility of Non-electrical Machinery and Equipment. The period of variables is from 1985 to April in 2005. In case of not-available data is treated as missing figures. As spatial scope, these data are Non-electrical Machinery and Equipment on the basis of KSIC. In case of items, it composes MTI 1&3 digit of Korea International Trade Association (KITA), on the basis of HSK & classification of Korea Machinery industries. According to Granger causality test, yield of Cooperate Bond and export amount of Machinery have a meaning at statistical Confidence level of 10%. In case of index of the unit cost of export and export amount of Machinery, they have an interactive Granger cause. In yen dollar exchange rate and export amount of Machinery, former variable gives an unilateral Granger cause to latter that.

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International Migration and Export Flows: Evidence from the People's Republic of China

  • Karkanis, Dimitrios
    • East Asian Economic Review
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    • v.23 no.3
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    • pp.311-329
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    • 2019
  • Since China's opening to international trade, the rapid growth of the country's export sector has been coupled by an intensification of migratory outflows of ethnic Chinese. The literature has already stressed the beneficial role of migration in enhancing bilateral trade. The present paper applies a gravity model in order to capture the impact of migration on Chinese exports for a relatively long period of time (1995-2017) where significant developments take place. We estimated four regressions, each of them confirming the positive network effects of migration for boosting export growth. Apart from the main finding, it appears that the role of institutional and geographical proximity can prove to be complementary for trade enhancement. The results finally suggest mixed effects due to the countries' import openness, indicating that China's free trade agreements acts as a substitute for smoothing trade competition from third countries.

A Study on the Export Competitiveness of Korea IT Industry to China (한국 IT산업의 대중국 수출경쟁력 분석에 관한 연구)

  • Jeong, Boon-Do;Yun, Bong-Ju
    • International Commerce and Information Review
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    • v.11 no.4
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    • pp.111-128
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    • 2009
  • As it is expected that change in trade environment has a significant impact on Korean economic growth as well as foreign trade of Korean economy we need an appropriate political response to it. Therefore, this study aims to analyse the Export Competitiveness of IT Industry to China and our trade policy. Korean balance of trade to China in 2007 records surplus of 18.9 billion dollars. However, many experts estimate unfavorable balance of trade will appear from 2010. In consideration of this condition, this study suggests a desirable trade policy for long-term maintenance of current Export Competitiveness between Korea and China. Using TSI and RCA, it analyses a Export Competitiveness of IT Industry to China from 2003 to 2007. To sum up the results, the TSI has been declining since 2005. RCA of semi-conductors has been declining since 2005 while that of communication equipment and computers has been increasing. During the analysis period, the mean RCA of semi-conductors is 55.01, which indicates that its export advantage is somewhat weak, and the mean RCA of communication equipment and computers are 227.22 and 175.83 respectively, which indicates that their export advantage is very strong. Production and export of Korea IT industry have greatly increased in quantity, but its technological quality and diversity have not been satisfactory. In particular, the base of IT industry is growing weaker due to serious dependence of core spare parts on advanced countries and transfer of simple assembly plants to China. To maintain export competitiveness of IT industry, we should pay more attention to technological improvement through more investment to the original technology for local production of core spare parts.

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The Effects of Export Insurance on Korea's Exportation before and after 2008 Financial Crisis (글로벌 금융위기에 따른 수출보험이 한국의 수출에 미치는 영향)

  • Choi, Mun-Seong
    • International Commerce and Information Review
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    • v.14 no.4
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    • pp.297-315
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    • 2012
  • In this paper, we explore the effects of export insurance on the Korea's export by using the gravity model with the data of 112 countries that Korea exports on years of 2005 and 2009. For this model, we used the Korea export as a dependent variables and real GDP, distance between the two nations, export insurance, country credit rating of the Korea's counterpart countries and FTA were used as an independent variables. The results show that the underwriting performance of the export insurance and the sovereign credit rating of the export counterpart countries have the positive impact on Korea's export. Also, the impact of the export insurance is more increasing to the Korea exportation but the importance of the economy size of the export counterpart countries decreased after 2008 global financial crisis. Particularly, the influence to the export by the sovereign credit rating has diminished in that period and this seems to be due to the export insurance has increased. These results imply that the export insurance plays an important role to promote the Korea's exportation since 2008 global recession. Especially, if the recession continues, then there will be more crippling impact to the small-mid size companies rather than large size companies. Therefore, Korea government should do their best to continuously expand the export insurance for the purpose of increasing Korea exportation, expecially to the small-mid size companies.

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Characteristics of Suspended Solids Export from Paddy Fields (논에서의 SS 유출 특성)

  • Lee, Kyoungsook;Jung, Jaewoon;Choi, Dongho;Yoon, Kwangsik;Choi, Woojung;Choi, Soomyung;Lim, Sangsun;Park, Hana;Lim, Byungjin;Choi, Gangwon
    • Journal of Korean Society on Water Environment
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    • v.27 no.6
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    • pp.868-876
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    • 2011
  • A five-year field monitoring was conducted to monitor characteristics of suspended solid (SS) export from paddy fields. The observed EMCs of SS ranged 1.2~517 mg/L (avg. 52.1 mg/L) during storm period. The concentration of SS during non-storm period were 1.1~349.5 mg/L (avg. 36.1 mg/L). Monthly load of SS was high during summer when rainfall amount was high. The load was higher than that of May when tillage effect is expected. There was no significant relationship between SS EMCs and rainfall or drainage amount. However, effects of rainfall and drainage were found to be significant for event load of SS. But, there was no apparent relationship between rainfall amount of cropping period and load of SS for that period. The observed SS load was 164.8~456.0 kg/ha (avg. 301.2 kg/ha) and mostly occurred during storm period. This study results also suggested that SS load estimation by USLE equation for paddy field could be overestimated, if not carefully handled. Monitoring studies for various climate, soil, and agricultural management are required to get better scope of SS export from paddy fields.