• Title/Summary/Keyword: Korea FTA

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Meta Analysis of Prior Studies on FTA (FTA 연구에 관한 메타분석)

  • Hong-Youl Kim
    • Korea Trade Review
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    • v.45 no.6
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    • pp.207-225
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    • 2020
  • Korea has studied FTA over 20 years since FTA with Chile. More than 3,000 Articles have been published in journal so far. Thus, this study aims to present the direction that should be taken by Korean FTA study by using Meta-Analysis for FTA study which has been carried on so far. Many researchers publish several articles each year, showing high quotation index and H-index. However, Korean FTA study lacks network with overseas researchers and fusion study with other sciences. 65.4% of Korean FTA study is carried on Independent research and 91.1% of them, in joint research by fewer than 2 persons. Further, the Subject of FTA study is not diverse and too uniform. Out of total studies, 24.3% of them are related to rules of origin and 15.3% of them, to China, showing that theme of study is quite partially concentrated. This is large difference with overseas FTA study. Study on rules of origin is only 1.5% in overseas. Korean FTA study needs to diversify subjects of study and to balance between academic aspect & practical aspect. When it comes to study methodology empirical analysis assumed large portion in both Korea and overseas countries. Empirical analysis assumes 18.3% in Korea and 47.3% in overseas, both of which are quite high. However, qualitative study such as FGI/AHP, in-depth interview, case analysis is quite rare in Korean FTA study. Partial concentration of countries for study subject needs to be rectified also. In Korea, countries for FTA study is China 15.3%, EU 10.0%, USA 6.3%. In overseas, China assumes only 3.7% of study subject. It is required for Korean FTA study to extend study subjects & study area by forming global study network and to extend qualitative study with microscopic study.

A Study on the Interpretation of FTA Rules under WTO Agreement (WTO 협정하에서 FTA 체결의 정합성에 관한 연구)

  • Park Jong-Sam
    • Journal of Arbitration Studies
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    • v.15 no.3
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    • pp.233-266
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    • 2005
  • The world trading system has been under many changes in recent years. One notably important development is that much attention away from the multilateralism-oriented World Trade Organization towards FTA(Free Trade Agreement). The Free Trade Agreement signed between korea and chile formally have been come effective for free trade in goods and services as from April 1, 2004. During Free Trade Agreement negotiations between both countries. This study aims at presenting the suggestion for the Korea to make the WTO rules and FTA by analyzing The interpretation of FTA under WTO System. It was founded by the investigation of WTO rules, most of the provisions are similar with other FTA, but a little provisions different from other FTA's. It is an appearance from the contracting party's peculiar circumstances such as state of industrial development or future prospect, conditions around international trade. The whole world has entered the new stage of bilateral and multilateral FTA. The essential or new generation or bilateral and multilateral FTA is creating more trade opportunities, promoting all factors, commodity, service, capital, technology and talent freely flow through canceling the trade barriers between FTA, in order to develop together within the regions. It shows that the cooperations transfer form the whole region into FTA. FTA makes not only the free trade smooth ,but also takes place the trade distortion effect. especially as the agriculture has a speciality each country, should it is ignored in negotiation, many reactions will be occurred in the process of fta Therefore Korea needs to deliver the message that Korea's hub is an essential ingredient for an efficient FTA and WTO system in a bilateral and multilateral win-win framework. Consequently Korea should have criterions about the rules of FTA and WTO system for peculiar circumstances of Korean economy and international trade.

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The Korean FTA Drive Policy and Suggestion of Korea. China FTA (한국의 FTA 추진 정책과 한.중 FTA에 대한 시사점)

  • Lee, Keun-Young
    • Journal of the Korea Society of Computer and Information
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    • v.14 no.7
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    • pp.169-175
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    • 2009
  • In accordance with the promotional strategy of the 'simultaneously occurring and high-level comprehensive FTA that Korean government made clear in the FTA promotion roadmap in 2003, it has already entered into FTA with 22 countries such as Chile, Singapore, EU, MERCOSUR, ASEAN and the like but is progressing or promoting the negotiation about FTA. It is necessary to make efforts to lift all sorts of non-tariff barriers that put restrictions on the import of China with the promotion of the lowering of customs duties in the negotiation of FTA between Korea and China. It is anticipated that imports will be expanded in the manufacturing field as well as agricultural products with the efforts to improve the business management environment of Korean firms within China. Therefore, it is a very important task to make efforts to prevent the roundabout trade made via China by reinforcing the standard and criterion for the origin of country in the Korea China FTA.

Evaluation of the Policy Effects of Free Trade Agreements: New Evidence from the Korea-China FTA

  • Xiang Li;Hyukku Lee;Seung-Lin Hong
    • Journal of Korea Trade
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    • v.26 no.6
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    • pp.41-60
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    • 2022
  • Purpose - The policy implications of free trade agreements have traditionally been a matter of debate among economists. The official signing of the Korea-China Free Trade Agreement provides economists with a quasi-natural experiment to analyze the FTA's policy effects. This article aims to more accurately understand the impact of Korea's FTA accession on the macro economy. Design/methodology - This study adopts the counterfactual method based on panel data to find common factors in the generation process of macro data to fit the counterfactual path, to accurately evaluate the effect of the macro policy. Findings - Our research results show that the signing of the Korea-China FTA has a relatively significant short-term positive effect on Korea's economic growth. On average, Korea's real GDP growth rate has increased by 2.1%. This study finds evidence in support of FTA signing not having a significant impact on Korea's GDP growth in the long run. Additionally, we evaluated the impact of the FTA on Korea's imports and exports and found that it had a significant positive impact in the short term, but the trade effect of the FTA is significantly affected by the external macro-environment. Originality/value - First, this study uses macro panel data at the national level to examine the impact of the Korea-China FTA on Korea, and more accurately describes the policy effect of the FTA. Second, our empirical results show that the Korea-China FTA policy impact is subject to occasional changes in the external environment, such as the geopolitical conflict (crisis) between Korea and China, and the US-China trade war. Finally, the analysis shows that the short-term effect of FTA is significant but the long-term is uncertain, which provides empirical evidence for the debate on whether joining FTA can promote national economic growth.

An Empirical Study on the Evaluation of Chile Goods After Korea-Chile FTA is Signed (한.칠레 FTA 체결 후 칠레제품 평가에 관한 실증적 연구)

  • Lee, Je-Hong
    • International Commerce and Information Review
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    • v.13 no.3
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    • pp.97-118
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    • 2011
  • The Korea-Chile FTA talks began in December 1999 and concluded in October 2002, with official endorsement in April 2004. This FTA of a first for Korea, went into effect on April 1 in 2004. The purpose of this study to measure the Chile product evaluation in the Korean consumer after Korea-Chile FTA signed. The major result of article can be summarized as the follows: This paper investigates the determinants of 'product attitude', 'quality recognition', 'price recognition', 'use safety', 'use convenience', and 'design(appearance)'. There are 500 sended samples and 487 returns, 476 of them are analyzed for a entry competitiveness. In the analysis result of the article, The first, multiple regression result shows that the Chile goods evaluation are positively affected by the 'product attitude', 'price recognition', 'use safety', 'use convenience', and 'design(appearance)'. However, The 'quality recognition' factor do not affect in Chile goods evaluation.

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An Investigation to Outlook the Effect of FTA on Motor Car Export to Latin America and the Appropriate Action Plan - By Looking at Statistics and Factors that Influenced Export of Motor Cars to Chile - (FTA 체결에 의한 중남미 자동차 수출 전망과 대응 방안 연구 -대(對) 칠레 자동차 수출 성과 및 영향요인 변화 분석을 중심으로-)

  • Choi, Ki-Young
    • International Commerce and Information Review
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    • v.14 no.3
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    • pp.139-158
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    • 2012
  • FTA is one of the most important trade policies for the motor car industry. Due to the large amount of employment and production the motor car industry provides in a country, in a lot of cases, the protective trade policies that countries employ are targeted for the motor car industry. In this point of view, it can be said that the Latin American FTA strategy such as the 'Korea-Columbia FTA', 'Korea-Peru FTA' and 'Korea-Chile FTA' has a large influence in the development of Korea's car industry. This paper analyses changes in factors influencing car export before and after the signing of the Korea-Chile FTA to forecast the export of motor cars to Latin America and aims to propose an action plan. Research shows that out of the variables 'exchange rate', 'GDP', and 'oil price, 'GDP' showed a strong corelation with export before and after the FTA. Regression analysis also showed that only 'GDP' has an impact on export rates and that its impact is most highest after the exhibition of FTA's effects. This suggests that FTA has an important effect in motor car export to Latin America but export is also strongly interlocked with the local country's economic condition which highlights the requirement for an action plan such as the establishment of local production systems.

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The Effect of FTA's Results on China Distribution Company

  • Lee, Young-Min
    • Journal of Distribution Science
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    • v.15 no.2
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    • pp.53-58
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    • 2017
  • Purpose - The world economy is changing with FTA. Lots of FTAs are going on between countries and economic blocs in the world economy as the battle field of FTA. This study is aims to suggest a practical data about Korea-China FTA by analyzing an economic ripple effect and main issues on Korea-China FTA negotiation. Research design, data, and methodology - This study analyzes the economic impact and major issues expected during the promotion period of Korea-China FTA, and promoted the purpose of this research with literature review and comparative analysis. Result - FTA agreement with China is expected to contribute to Korean economic growth by bringing effectiveness of securing and resolving mutual trade conflict, and one-sided trade protection control of Chinese domestic demand market. The potentiality between United States and Korea is also very important issue. Conclusions - To minimize the adverse effects of FTA and to maximize the positive effects on the logistics industry, the Correspondence strategy is suggested based on the effects of FTA after analyzing the entire situation of the logistics. Especially, this article places emphasis on a close cooperation system between the government agencies to get a good conclusion from the negotiation even if the e-Commerce issue to be a critical point under Korea-China FTA.

FTA 협상, 농업부문의 대응 방향을 말한다

  • 배상두
    • Feed Journal
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    • v.3 no.5 s.21
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    • pp.73-78
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    • 2005
  • FTA지각생으로 불리던 우리나라도 FTA추진 논의가 활발하다. 작년 2월 FTA국회 비준 이후 싱가폴, 일본, ASEAN, EFTA 등 여러나라와 FTA관련협상을 추진 중이며 싱가폴의 경우에는 작년 11월 ASEAN +3 정상회담을 계기로 양국정상이 사실상 협상타결을 선언하였다. 종전에는 대부분의 나라들이 자유무역협정(FTA), 지역무역협정(RTA), 특혜무역협정(PTA) 지역주의 등 명칭은 다양하지만 FTA로 대표되는 지역주의를 다자간 자유무역체제의 보완적인 통상정책수단으로 간주하는 경향이 있었다. 그러나, 최근에는 FTA추진이 WTO 체제를 보조하는 통상정책수단이라기 보다는 WTO로 대표되는 다자간교역질서와 병립하는 통상질서로 보는 추세가 점점 나타나고 있다. 대외의존도가 높은 우리나라도 FTA를 통하여 개방정책을 추진할 필요성은 있으나 FTA의 추진시 농업 등 취약산업의 구조조정이 문제가 될 수 있다. 이글에서는 FTA가 WTO로 대표되는 다자간 무역체제와 구분되는 특징과 최근 국제적인 FTA추진동향을 짚어보고 우리나라의 FTA추진 현황과 문제점 특히, 우리나라가 제일 먼저 추진한 한$\cdot$칠레FTA 관련한 문제점을 중심으로 설명하고 최근의 FTA추진이 우리나라 농업에 대한 영향에 대해서 간략하게 평가하고 FTA추진에 대한 대응방안을 이야기 하는 순서로 글을 전개하고자 한다.

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A Two-level Game Theoretic Approach to the Successful Korea-China FTA Negotiations (2단계 게임이론에 의한 우려나라의 한.중 FTA협상 성공전략)

  • Park, Seung-Lak
    • International Commerce and Information Review
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    • v.13 no.3
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    • pp.511-541
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    • 2011
  • The study analyzes the optimum Korea-China FTA negotiations by utilizing the Putnam's two- level game theoretic approach. According to the Putnam's theory, the size of the win-set depends on the strategies of the Level 1 negotiators. The size of the win-set depends also on the level 2 political institutions and the distribution of power, preferences, and possible conditions among Level 2 constituents. The basic principles for the successful future Korea-China FTA negotiations should be based on comprehensiveness, substantial liberalization and gradual liberalization with consideration of sensitive sectors. This study concludes that mid-level FTA strategy with comprehensive but low tariff reduction would be of best strategy for Korea. This study also suggests the utilization of the EHP(Early Harvest Program) for the successful Korea-China FTA negotiations.

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e-C/O under FTA (FTA 체결에 따른 전자원산지증명서 활성화 방안)

  • Lee, Chang-Sook;Kim, Jong-Chill
    • International Commerce and Information Review
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    • v.15 no.3
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    • pp.475-498
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    • 2013
  • The most fundamental reason why FTA Agreement must be concluded is based on the preferential tariff treatment among country parties. In order to get applied by the preferential tariff treatment under an FTA, the parties need to meet the rules of origin and the criteria stipulated under the FTA simultaneously. In addition, Certificate of Origin(C/O) document is required to claim for the preferential treatment under the FTA Agreement. In South Korea, the electronic Certificate of Origin can be issued by the UNI-PASS and FTA-PASS of the Korea Customs Service. The Web Certification System of the Korea Chamber of Commerce & Industry also is established. But the majority cases of requesting the preferential Certificate of Origin are generally performed by the business partners. The settlement and activation of electronic Certificate of Origin are urgently needed to maximize the effects of FTA, First, this paper examines the application situation of electronic Certificate of Origin throughly. Second, the current circumstances related to electronic Certificate Origin are analyzed in the practical and systematic perspectives. Finally, the improvements for activating electronic Certificate of Origin is suggested.

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