• 농촌계획
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• 제25권4호
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• pp.109-117
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• 2019

The purpose of this study is to present a time series model of onion and garlic prices. After considering the various time series models, we calculated the appropriate time series models for each item and then selected the model with the minimized error rate by reflecting the monthly dummy variables and import data. Also, we examined whether the predictive power improves when we combine the predictions of the Korea Rural Economic Institute with the predictions of time series models. As a result, onion prices were identified as ARMGARCH and garlic prices as ARXM. Monthly dummy variables were statistically significant for onion in May and garlic in June. Garlic imports were statistically significant as a result of adding imports as exogenous variables. This study is expected to help improve the forecasting model by suggesting a method to minimize the price forecasting error rate in the case of the unstable supply and demand of onion and garlic.

• 한국의류학회지
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• 제45권5호
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• pp.770-787
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• 2021

This study examines the types of cotton, silk, and woollen products imported from Japan during the port-opening period and explores the characteristics of import trade related to these textile products. Data were obtained from the Japanese trade statistics published by the Japanese government between the late 19^th and the early 20^th centuries. Several key findings were made from these data. First, at least 24 types of cotton fabrics, 13 silk fabrics, and 16 woollen fabrics imported from Japan were identified. Several types of weaves that can be found in the present day were also identified. Second, the total import of textiles during the port-opening period made up 33.7% of the total imports from Japan, indicating that textiles were an important aspect of import trade with Japan. The value of textile imports from Japan tended to increase overall during this time. Cotton fabrics and silk fabrics showed a tendency to increase continuously, while woollen fabrics showed a trend of gradual increase over repeating periods of increase and decrease. It is apparent from examining the ratio of Japanese and foreign products that cotton fabrics, silk fabrics, and woollen fabrics show different characteristics.

• Asia Marketing Journal
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• 제11권2호
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• pp.97-119
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• 2009

The growth of international trade and the formation of supranational economic and political trading blocks have noticeably widened the presence on the market of products of different national origins. This has stimulated interest in explaining the Country-of-Origin (COO) role in domestic and international markets and its consequences on consumer behaviour. Since the consumer purchasing decisions can be decisive to the success of a company's strategy in domestic and foreign markets, the objective of this study is to present empirical evidence on the extent to which reputation of firms associated to a certain COO are related to consumer purchase intention. Additionally our study considers ethnocentrism as a variable that partially explains the rejection of imports products based on its foreign origin. The empirical application of the proposed model is related to the purchase of Korean automobiles which represents 5.7% of the national market share in Spain. Structural equation modelling was used to analyse the data collected from 202 personal interviews carried out in a large Spanish region. The results show that reputation of firms associated to a certain COO in an important factor to establish business relationships involving consumers and firms from different countries and increase intentions to purchase Korean products. Additionally, ethnocentric consumers prefer to purchase domestic products rather than foreign imports as an attempt to protect national economy however the negative effect of ethnocentrism is weaker than positive effect of firms reputation of a COO.

• 한국산학기술학회논문지
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• 제18권10호
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• pp.209-214
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• 2017

본 연구에서는 한 칠 FTA 이후 시설포도 재배농가들이 가온시기를 늦추는 요인을 알아보기 위해 2004년부터 2016년까지 작형 변화 패널 데이터를 이용하여 분석하였다. 패널로지스틱모형에 대한 분석결과 시설포도 재배면적에 대한 추정계수는 0.0002로 10% 유의수준에서 통계적으로 유의한 것으로 나타났고, 포도 수입량에 대한 추정계수는 1.4258로 1% 유의수준에서 통계적으로 유의한 것으로 나타났으며, 지역더미에 대한 추정계수는 0.808로 5% 유의수준에서 통계적으로 유의한 것으로 나타났다. 이것은 재배면적이 많은 농가일수록, 포도 수입량이 증가할수록, 상대적으로 추운 중북부지역일수록 가온시기를 뒤로 미루게 될 확률이 증가하는 것으로 나타났다. 정부에서는 포도의 수입량 증가로 인한 시설포도농가의 피해를 줄이기 위해 FTA 피해보전직접지불 폐업지원을 하고 있어 시설포도농가의 피해를 다소나마 줄일 수 있지만, 이것은 궁극적인 대책이 되지는 않을 것이다. 포도 소비변화에 적절하게 대응하기 위해서는 품종 갱신, 가온비용 절감을 위한 농자재 지원, 비닐하우스 시설현대화를 통한 에너지 효율 증대 및 비용 절감 등의 다양한 지원책이 필요할 것이다.

• 한국산림과학회지
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• 제90권4호
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• pp.505-512
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• 2001

본 연구에서는 차기 임산물협상(林産物協商)의 관세인하(關稅引下)가 임산물시장에 미치는 영향을 검토하였고 그 영향을 최소화하기 위한 방안을 제시하였다. UR협상 결과와 뉴라운드협상 준비과정에서 나타난 양허범위(讓許範圍), 협상기준세율(協商基準稅率), 관세인하폭 등 쟁점사항에 기초하여 차기 임산물협상(林産物協商)의 관세인하(關稅引下)에 대한 시나리오를 작성하였고 관세인하(關稅引下)에 의한 시나리오별 영향은 임업연구원에서 개발한 국내임산물시장분석모델을 이용하여 추정하였다. 차기 임산물협상(林産物協商)의 관세인하(關稅引下)는 국내소비량 및 생산량보다 상대적으로 순수입량에 더 큰 영향을 마치는 것으로 추정되었다. 차기협상의 관세인하(關稅引下)가 합판시장 및 제품의 순수입량에 미치는 영향이 상대적으로 클 것으로 나타났으나 원목시장과 제품의 생산량 및 소비량에 미치는 영향은 1% 미만일 것으로 분석되었다. 관세인하(關稅引下)로 1차 가공제품의 국내생산량이 감소됨에 따라 원목의 국내소비량이 감소되고 이에 따라 원목의 국내생산량 및 수입량은 모두 감소될 것으로 추정되었다. 차기협상의 관세인하(關稅引下)에 대한 영향을 최소화하기 위해서는 협상기준세율(協商基準稅率)을 양허품목(讓許品目)의 경우에는 양허세율(讓許稅率)을, 미양허품목(未讓許品目)의 경우에는 현행실행세율(現行實行稅率)로 하고, 이행기간을 연장하고, 개도국의 지위를 유지하도록 노력하여야 할 것이다. 또한 WTO 규범내 합법적인 반덤핑, 상계관세제도(相計關稅制度) 및 긴급수입제한조치(緊急輸入制限措置) 등을 활용하는 것도 하나의 방안이 될 것이다.

• 한국산학기술학회논문지
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• 제18권10호
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• pp.48-53
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• 2017

농림축산식품부의 주요정책 중 하나가 농식품 수출액 100억 달러 달성이다. 2016년 현재 농식품 수출액은 65억달러로 수출목표 달성이 그리 쉽지는 않은 상황이다. 농림축산식품부 사업인 시설현대화사업, 첨단온실사업 등은 원예작물의 수출을 전제로 시행되고 있다. 이러한 정책 기조에서 수출활성화와 동시에 수입과일의 국내 직접재배를 통한 수입대체 효과를 고려할 필요가 있다. 온대 및 열대 신선과일 수입액은 2000년에 2천 억에서 2016년 1조 2천 억으로 6배 증가하였다. 온대 및 열대 신선과일 수입을 대체할 수 있는 방안을 찾아 시행한다면 농가소득을 올리고 과수농가의 성장도 이끌 수 있다. 우리나라에서 온 열대 과일 생산의 핵심과제는 난방비를 절감하는 것이다. 제주도 애플망고 생산 농가가 면세 등유와 발전소 온배수를 이용한 경우를 조사하여 비교 분석하였다. 분석결과에 의하면 난방비가 42.3% 감소하였다. 난방비 문제 해결 대안 중 발전소 온배수를 활용한 방안을 고려할 수 있다. 온배수를 이용하면 난방비를 획기적으로 줄일 수 있을 뿐만 아니라, 수입 과일을 국내 생산으로 대체하는 효과를 얻을 수 있다. 수입과일과의 가격경쟁을 위해서 현재 시행되고 있는 여러 정부지원사업(국비 보조20%, 융자 20%, 지방비 30%, 자부담 20%)을 수입과일 대체를 위한 생산농가에게 적용하게 되면 상당한 효과가 있을 것으로 판단된다. 이 연구는 발전소 온배수를 활용하여 수입되고 있는 온대 및 열대 과일의 국내 생산을 위한 정책구상에 대한 검토와 더불어 몇 가지 정책적 시사점을 제안하고 있다.

• 국제지역연구
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• 제20권1호
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• pp.23-51
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• 2016

한-GCC FTA 체결은 안정적인 에너지 자원의 확보에서 뿐만 아니라 향후 대규모 소비시장으로서 GCC의 성장 잠재성과 한국과의 보완적인 산업 구조를 고려해 볼 때 그 중요성이 크다. 최근 한-GCC FTA의 필요성이 제기되고 있는 시점에서 한-GCC FTA의 경제적 기대 효과에 대하여 분석하고 FTA의 조속한 체결의 필요성을 제시하고자 하였다. 한-GCC FTA의 경제적 효과를 알아보기 위하여, 본 연구에서는 원유관세 인하를 통한 경제적 효과를 분석하기 위하여 벡터자기회귀모형(VAR: Vector Autoregression Model)을 이용하였다. 추정 결과, GDP는 총 0.212%, GNI는 0.389%, 소비는 0.238% 증가한다. 반면 투자, 수출, 수입은 각각 0.462%, 0.413%, 0.342% 감소하는 것으로 나타났다. 물가수준의 경우 생산자물가상승률은 6.356%p, 소비자물가상승률은 2.996%p 감소하는 것으로 나타났다. 즉, GCC와의 FTA를 통한 원유수입관세의 철폐 및 이로 인한 원유수입가격의 하락은 물가의 하락을 가져오는 동시에 GDP, GNI, 소비 등의 거시경제지표의 증가를 통해 우리나라 경제성장에 긍정적인 영향을 미침을 알 수 있다.

• Journal of Korea Trade
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• 제25권1호
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• pp.1-17
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• 2021

Purpose - The global trend of protectionism has expanded since the onset of US President Donald Trump's administration in 2017. This global phenomenon has led to a significant reduction in world trade volume and a negative impact on economic development in some countries where the external sector accounts for a large proportion of GDP. Although Korea is a country vulnerable to this deteriorating trade environment, few studies have examined the relationship between protectionism and its business cycles based on Korean data. Thus, this paper investigates the impact of protectionism on Korea's business cycle. Design/methodology - To identify future implications, we conduct a structural vector autoregression (VAR) analysis using monthly Korean data from 1994 to 2015. Macroeconomic variables in the model include the industrial production index, inflation rates, exports (or net exports), interest rates, and exchange rates. For the identification of the shock reflecting the expansion of protectionism, we use an antidumping investigation (ADI) data. Since ADIs are followed generally by the imposition of antidumping tariffs, they have no contemporaneous impact on tariffs and are also contemporaneously exogenous to other endogenous variables in the VAR model. We examine two kinds of ADI shocks i) shocks on Korean exports imposed by Korea's trading partners (ADI-imposed shocks) and ii) shocks on imports imposed by the Korean government (ADI-imposing shocks). Findings - We find that Korea's exports decline sharply due to ADI-imposed shocks; the lowest point at the third month after the initial shock; and do not recover until 24 months later. Simultaneously, the inflation rate decreases. Therefore, the ADI-imposed shock can be regarded as a negative shock on the demand curve where both production and price decrease. In contrast, the ADI-imposing shock generates a different response. The net exports decline, but the inflation rate increases. These can be seen as standard responses with respect to the negative shock on the supply curve. Originality/value - We shed light on the relationship between protectionism and Korea's economic fluctuations, which is rarely addressed in previous studies. We also consider the effects of both protective policy measures on imports to Korea imposed by the Korean government and on policy measures imposed by Korea's trading partner countries on its exports.

• 아태비즈니스연구
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• 제13권2호
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• pp.183-195
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• 2022

Purpose - The study attempted to analyze how the U.S.-China trade dispute affects a highly trade-dependent South Korea. Currently, major domestic and international institutions have issued a number of conflicting predictions that the trade dispute between China and the United States will have a positive and negative impact on South Korea. Accordingly, the present study attempted to analyze using actual data. Design/methodology/approach - The analysis was conducted using actual import and export data from the United States and China and actual import and export data from the United States and China from South Korea. The analysis measured the number and amount of imports and exports by year and month, and the rate of increase and decrease. We also looked at trade dispute days, import and export outcomes and what the impact was. In addition, as a result of the US-China trade dispute, the amount of change in Korea's imports and exports was analyzed. Findings - Empirical analysis shows that South Korea's exports to the United States and China have increased. The analysis results are as follows. First, exports to the United States increased by 5.65% in 2018 and 6.45% in 2019 compared to 2017. Second, exports to China surged 12.34% in 2018 compared to 2017. This increase in South Korea's exports to the United States and its mass exports to the United States shows that South Korea has benefited from the trade dispute between the United States and China. Research implications or Originality - South Korea, which is highly trade-dependent, has been heavily affected by the U.S.-China trade dispute. Various predictions are made about this. The analysis showed that South Korea's export volume has increased. In the end, the effect of the trade transition to the 3rd country did not occur. Rather, the U.S.-China trade dispute appears to have helped South Korea.

• Journal of Korea Trade
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• 제27권5호
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• pp.153-166
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• 2023

Purpose - This research empirically analyzes the influence of economic policy uncertainty and free trade agreements (FTAs) on bilateral trade volumes between Korea and its trading partners. The study investigates whether fluctuations in the Economic Policy Uncertainty Index (EPUI) for both Korea and its trading partners significantly impact trade volumes and whether the implementation of FTAs mitigates these effects. Design/methodology - The study employs dynamic panel data analysis using the system generalized method of moments (system GMM) estimation method to achieve its research objectives. It utilizes country-month-level panel data, including the EPUI, trade volume between Korea and its trading partner countries, and other pertinent variables. The use of system GMM allows for the control of potential endogeneity issues and the incorporation of country-specific and time-specific effects. Findings - The analysis yields significant results regarding the impact of economic policy uncertainty on Korea's exports and imports, particularly before the implementation of FTAs. An increase in the EPUI of trading partners leads to a notable increase in Korea's exports to them. Conversely, an increase in Korea's EPUI negatively affects its imports from trading partners. However, post-FTA implementation, the influence of each country's EPUI on trade volume is neutralized, with no significant difference observed. Originality/value - This research contributes to the existing literature by providing empirical evidence on the interaction effects between economic policy uncertainty and FTAs on bilateral trade volumes. The study's uniqueness lies in its examination of how FTAs mitigate the impact of economic uncertainty on trade relations between countries. The findings underscore the importance of trade agreements as mechanisms to address economic risks and promote international trade relations. In a world where global market uncertainties persist, these insights can aid policymakers in Korea and other countries in enhancing their trade cooperation strategies and navigating challenges posed by evolving economic landscapes.