• 제목/요약/키워드: Trade balance

검색결과 194건 처리시간 0.026초

Trick or Treat? Equity Concerns in the Preliminary Feasibility Study of the Republic of Korea

  • LEE, JONGYEARN
    • KDI Journal of Economic Policy
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    • 제42권4호
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    • pp.91-116
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    • 2020
  • As a project appraisal tool, the preliminary feasibility study (PFS) has contributed to enhancing the efficiency of public investment decision-making in the Republic of Korea over the last two decades. To overcome the limitations of the efficiency-oriented cost-benefit analysis, the PFS accommodates equity concerns among regions, namely balanced regional development (BRD) analysis. This study attempts to gauge the contributions of BRD analysis to PFS results. Specifically, it addresses how effectively policy efforts to promote decision-making have been implemented in the PFS stage while also considering the balance between equity and efficiency in terms of the trade-off between them, the degree to which they influence the results, and whether the consideration of equity is in fact actually reflected in seriously underdeveloped regions as intended. The study finds that the PFS results over the last two decades have been largely in line with the background and policy objectives. Based on the findings of the study, needs for institutional improvement are suggested, including enhancements in the analysis of regional economic ripple effects and taking into account the psychological factors pertaining to the evaluators in the overall judgment.

Going beyond Border? Intention to Use International Bank Cards in Vietnam

  • PHAN, Dzung Tran Trung;NGUYEN, Thanh Thi Ha;BUI, Tuan Anh
    • The Journal of Asian Finance, Economics and Business
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    • 제6권3호
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    • pp.315-325
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    • 2019
  • The paper aims to explore the factors affecting potential users of international bank cards in Vietnam. With milestones treaties being signed CPTPP and EVFTA, Vietnam is now exposing itself to the international open environment. Bank card market is at the core of this wind of change, and that is the reason for us to research the intention to use international bank cards. Given that the decision to choose international bank cards could either be the switch from domestic cards or adopting a brand new card, we develop some specific constructs to reflect that consideration, specifically PE and PD, asides from traditional constructs used in TPB and TAM frameworks. The analysis work is conducted using PLS-SEM approach. Our findings reveals that most of our proposed hypotheses are supported, in which SN plays the most important direct role to INT, while total effect of PU on INT is similar to that of SN. The newly introduced PD negatively and significantly impacts INT, and PE also has a positive impact on INT. The findings suggest that overall, it is important for bank card issuers to have a balance approach to the market, with focus on increasing usefulness and reducing potential disadvantages of international bank cards.

한·일 양국간 산업별 관세철폐 효과 (Industrial Effects of Tariff Removal between Korea and Japan)

  • 이홍배;오동윤
    • 국제지역연구
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    • 제13권2호
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    • pp.41-65
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    • 2009
  • 국제산업연관표를 사용하여 한일 양국간 관세가 철폐될 경우 양국의 산업 생산에 미치는 효과를 추산하였다. 양국간 관세가 철폐될 경우 한국의 대일본 중간재 의존도가 크기 때문에 한국의 대일본 수입증가로 대일본 무역수지 적자규모 또한 증가할 것으로 예상된다. 그러나 한국은 일본의 중간재에 기반한 대세계 최종재 수출이 증가할 것으로 예상된바, 대일본 무역수지 적자가 상쇄되어 한국의 전체 무역수지는 개선될 것으로 추산된다. 이러한 연구결과는 한일 양국간 FTA 체결에 따른 일반연산균형(CGE)모형에 의한 수출입 효과추정 결과와 유사하다. 한편 국제산업연관표에 의한 산업별 추산효과를 활용할 경우 동아시아 지역에서 한국정부의 정책결정 - FTA, 산업별 협력 등에 많은 도움이 될 것이다.

공적분·벡터오차수정모형을 활용한 벙커유 가격의 장기균형 수렴에 관한 실증분석 (An Empirical Analysis on the Long-term Balance of Bunker Oil Prices Using the Co-integration Model and Vector Error Correction Model)

  • 안영균;이민규
    • 무역학회지
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    • 제44권1호
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    • pp.75-86
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    • 2019
  • This study performs a factor analysis that affects the bunker oil price using the Co-integration model and Vector Error Correction Model (VECM). For this purpose, we use data from Clarkson and the analysis results show 17.6% decrease in bunker oil price when the amount of crude oil production increases at 1.0%, 10.3% increase in bunker oil price when the seaborne trade volume increases at 1.0%, 1.0% decrease in bunker oil price when total volume of vessels increases at 1.0%, and 0.003% increase in bunker oil price when 1.0% increase in world GDP, respectively. This study is meaningful in that this study estimates the speed of convergence to long-term equilibrium and identifies the price adjust mechanism which naturally exists in bunker oil market. And it is expected that the future study can provide statistically more meaningful econometric results if it can obtain data during more long-periods and use more various kinds of explanatory variables.

다양한 윈도우 크기와 이슈폭에 따른 시스템의 성능 변화 (Performance Balance between the Window size and Issue Width)

  • 김태목;이정수;김준성
    • 대한전자공학회:학술대회논문집
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    • 대한전자공학회 2008년도 하계종합학술대회
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    • pp.655-656
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    • 2008
  • There are trade-offs between a window size and an issue width for superscalar processors. A good balance between them prevents waste of system resources. In this paper, we investigate the performance of a superscalar processor with various sizes of window and issue width. From the experiments, we find that there is a linear relationship between window size and issue width.

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A Study on the Effect of the Use of Mobile Office Systems on Work-Life Balance

  • Cho, Namjae;Lee, Hyungju
    • Journal of Information Technology Applications and Management
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    • 제20권1호
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    • pp.43-51
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    • 2013
  • Human being does work to live out and they have their private life because human has sociality. Both work and life are important to live out but they are on the trade-off relationship. Because keeping the balance between work and life is too hard, it has been interested by academic and practical areas. Definition of Work-life balance here is that balance or imbalance arising between work and life has no negative impact on their daily life. Above all, Work-life balance is important because it is strongly related to identity. Recently, the introduction of the mobile office system has emerged as a way to solve the problem of work-life balance. It is based on the teleworking which was formerly generated. Teleworking is to perform the work in the employee's home or office space set aside without going into the workplace. Concept of the mobile office system here is not only using portable devices during work for convenience but also the system which is designed for the performance. Thanks to the diffusion of smart devices(smart phone, tablet pc), mobile office system has been spread. Although the importance of mobile office systems is emerging, there are few researches about it. Even they mostly focus on the standpoint of performance of mobile office system. However, Quality of life is as important as the performance. As a part of Quality of Life field, Work-life balance is the closest to employee's quality of life. So this study aims to examine the effect of the use of mobile office systems on work-life balance. To do so, we try to find factors effecting Work-life balance from existing studies and then set a research model. We set the use of mobile office systems as independent variables which are divided by use of function, use by location and use by situation. There are four dependent variables - sense of self command, sense of balance, solving work problem, solving life problem. We collected data from employees who are using mobile office systems on their job. 215 people were participated in the survey and we used multiple regression analysis to verify our research model. Results show that every independent variable has no impact on solving work problem while they have slight impact on the other dependent variables. Especially use on the business trip has significant effect on dependent variables. It means that there is a possibility use of mobile office system could control the employee's quality of life and system should be evolved until it covers even critical tasks. Also, support for mobile office system -education, encouragement-should be provided. By mobile office system is maturing, future research would be done.

국제 물거래 대비 가상수 거래량 산정 : 국내 물발자국 적용값 도출 (Calculating virtual water for international water transactions: deriving water footprints in South Korea)

  • 박성제;이민현;박계영;안요셉
    • 한국수자원학회논문집
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    • 제53권spc1호
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    • pp.765-772
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    • 2020
  • 수자원 수급계획은 보통 물수지분석에서 파악된 수자원의 양에 따라 수립한다. 그러나 그것은 상품의 이동과 같은 국제교역을 고려하지 않은 폐쇄적인 수급계획이다. 물수지분석에 가상수 개념을 도입하면 상품의 수출량과 수입량을 고려한 수자원 수급계획을 수립할 수 있다. 기존에 활용하는 직접적인 물 사용(지역 내에서 가용한 각종 수자원)과 가상수를 고려한 간접적인 물 사용(지역 외에서 수입한 상품생산에 소요된 타 지역의 수자원)을 종합적으로 고려하기 때문이다. 그러나 한국에서는 아직 가상수의 개념이 국가 수자원계획 수립에 본격적으로 반영되고 않고 있다. 국내외에서 발표된 가상수 산정연구 논문에서는 가상수 산정과정이 생략되거나 일부만 제시된 사례가 많다. 따라서 가상수의 산정과정 및 거래량의 적절성을 파악하여 실무에 활용하는데 큰 어려움이 존재하고 있다. 본 연구는 한국에서 수출입하는 가상수량 산정을 위한 물발자국 적용값을 구체적으로 제시하고자 한다. 농축산물의 국제 이동량, 물발자국 적용값, 가상수 거래량을 파악하는 과정을 기술하고, 이를 기존연구와 비교하고자 한다. 따라서 본 연구에서 제시한 산정과정과 산정기준은 물발자국 및 가상수 연구를 수행하는 연구자들에게 유용한 기초자료를 제공할 것이다.

Risk of Carbon Leakage and Border Carbon Adjustments under the Korean Emissions Trading Scheme

  • Oh, Kyungsoo
    • Journal of Korea Trade
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    • 제26권2호
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    • pp.45-64
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    • 2022
  • Purpose - This paper examines South Korea's potential status as a carbon leakage country, and the level of risk posed by the Korean emissions trading scheme (ETS) for Korean industries. The economic effects of border carbon adjustments (BCAs) to protect energy-intensive Korean industries in the process of achieving the carbon reduction target by 2030 through the Korean ETS are also analyzed. Design/methodology - First, using the Korean Input-Output (IO) table, this paper calculates the balance of emissions embodied in trade (BEET) and the pollution terms of trade (PTT) to determine Korean industries' carbon leakage status. Analyses of the risk level posed by carbon reduction policy implementation in international trade are conducted for some sectors by applying the EU criteria. Second, using a computable general equilibrium (CGE) model, three BCA scenarios, exemption regulations (EXE), reimbursement (REB), and tariff reduction (TAR) to protect the energy-intensive industries under the Korean ETS are addressed. Compared to the baseline scenario of achieving carbon reduction targets by 2030, the effects of BCAs on welfare, carbon leakage, outputs, and trading are analyzed. Findings - As Korea's industrial structure has been transitioning from a carbon importing to a carbon leaking country. The results indicate that some industrial sectors could face the risk of losing international competitiveness due to the Korean ETS. South Korea's industries are basically exposed to risk of carbon leakage because most industries have a trade intensity higher than 30%. This could be interpreted as disproving vulnerability to carbon leakage. Although the petroleum and coal sector is not in carbon leakage, according to BEET and PTT, the Korean ETS exposes this sector to a high risk of carbon leakage. Non-metallic minerals and iron and steel sectors are also exposed to a high risk of carbon leakage due to the increased burden of carbon reduction costs embodied in the Korean ETS, despite relatively low levels of trade intensity. BCAs are demonstrated to have an influential role in protecting energy-intensive industries while achieving the carbon reduction target by 2030. The EXE scenario has the greatest impact on mitigation of welfare losses and carbon leakage, and the TAF scenario causes a disturbance in the international trade market because of the pricing adjustment system. In reality, the EXE scenario, which implies completely exempting energy-intensive industries, could be difficult to implement due to various practical constraints, such as equity and reduction targets and other industries; therefore, the REB scenario presents the most realistic approach and appears to have an effect that could compensate for the burden of economic activities and emissions regulations in these industries. Originality/value - This paper confirms the vulnerability of the Korean industrial the risk of carbon leakage, demonstrating that some industrial sectors could be exposed to losing international competitiveness by implementing carbon reduction policies such as the Korean ETS. The contribution of this paper is the identification of proposed approaches to protect Korean industries in the process of achieving the 2030 reduction target by analyzing the effects of BCA scenarios using a CGE model.

대미 방산 수출의 제도적 장벽에 관한 연구 (A Study on the Institutional Barriers in the Defense Trade between Korea and U.S.)

  • 김종열
    • 융합보안논문지
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    • 제13권5호
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    • pp.27-35
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    • 2013
  • 한국과 미국 간의 방산수출입은 그 규모면에서 무역역조 현상을 보이고 있다. 이러한 방산 교역의 현상을 계량적으로 분석 하고, 무역역조의 원인이라고 할 수 있는 제도적 장벽에 대하여 분석을 하였다. 우선 대미 방산수입액의 규모는 2011년도 기준 대미 방산수출액의 수십 배라는 것을 규명하였다. 심각한 방산분야 역조현상은 미국의 국방획득 제도에서 그 원인을 찾을 수 있다. 한미 FTA에 군수물자는 적용대상에서 제외되었다는 점, 미국이 정부조달 시에 미국산 구매 우선법을 적용하고 있다는 점, 그리고 미 국방성이 국방조달에만 적용하고 있는 미국산 100%의 조달을 규정한 베리 개정법 등이다. 미국산 우선 구매법과 베리 개정법은 미국 국방조달규정에서 구체화되어 시행되고 있어서 대미 방산 수출의 장애물로 작용하고 있다. 이를 극복할 수 있는 방향은 한미 간에 상호 방산양해각서를 맺는 것이다. 상호간에 각 국의 방산시장을 개방하게 되면 국내 방산업체의 체질도 선진화하고 대미 방산 수출도 늘릴 수 있을 것으로 보인다. 또한 미국으로부터 방산수입 시에 절충교역을 효과적으로 활용하는 것도 하나의 방안으로 제시하였다.

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

  • 김홍률
    • 무역학회지
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    • 제45권6호
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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.