• Journal of Korea Trade
• /
• 제27권3호
• /
• pp.1-20
• /
• 2023

Purpose - Using trade data from 2008 to 2019, this study analyzes the impact of trade facilitation on China's agricultural exports under the RCEP framework using a gravity model based on the level of trade facilitation in 13 RCEP countries. Design/methodology - This study constructs a complete set of trade facilitation index systems, comprehensively measures the trade facilitation level of RCEP member countries, and uses a gravity model to verify the critical role of trade facilitation level in enhancing the trade volumes of RCEP member countries. Findings - We found that trade facilitation has a significant impact on China's agricultural exports as a whole. The effect of each primary indicator varies in magnitude, with finance and e-commerce (F) having the most significant impact, followed by customs efficiency (C) and infrastructure development (1); the institutional environment has no significant effect. Originality/value - This study analyzes the impact of trade facilitation on China's agricultural exports from the perspective of exports, and uses the latest data to study the degree of the impact of trade facilitation in importing countries. Measures to jointly enhance trade facilitation among member countries under the RCEP framework are proposed.

• 통상정보연구
• /
• 제18권2호
• /
• pp.3-26
• /
• 2016

크라우드펀딩(Crowdfunding)은 인터넷 기반 플랫폼을 이용하여 개인 및 기업이 필요한 자금을 다수의 대중으로부터 모으는 행위로 SNS 확산과 더불어 성장하고 있다. 크라우드펀딩의 기능은 자금조달에 어려움을 겪고 있는 기업 및 창업기업들에게 혁신적인 자금조달 수단이다. 국내 크라우드펀딩은 도입초기단계로 문화, 예술 분야에 집중되어 있고, 공익적인 성격을 가진 프로젝트가 많다. 그러나 국내 크라우드펀딩의 높아진 관심에도 불구하고, 전자상거래 무역창업에 크라우드펀딩의 투자사례는 드물며, 창업금융의 역할에도 미비하여 많은 문제점이 제기 되고 있다. 본 연구의 목적은 전자상거래 무역창업에 크라우드펀딩을 성공적으로 활용하고자 할 때 고려되어야 할 요인들을 살펴보았다. 본 연구는 크라우드펀딩 시장현황과 각국의 법률 및 정책을 살펴보고, 이를 통해 전자상거래 무역창업 투자 관점에서 국내 크라우드펀딩 관련 법률 및 제도의 활성화 방안을 제시하였다.

• East Asian Economic Review
• /
• 제16권3호
• /
• pp.227-247
• /
• 2012

This paper investigates the source of bilateral trade imbalance at industry level. We build a simple model based on gravity theory and derive the prediction that the bilateral trade balance in an industry is increasing in the difference between trading partners in the output share of the industry. We test this prediction and find that the difference in industry share is highly significant in predicting both the sign and the magnitude of trade balance at industry level. We also find that FTAs tend to enlarge trade imbalance at industry level. However, the overall predictive power of the model is rather limited, suggesting that factors other than production specialization are important in determining trade balance at industry level. Another finding of the paper is that the influence of the difference in industry share on trade balance increases as we move to industries that produce more homogeneous products. This finding calls into question monopolistic competition as the main driver of gravity in international trade.

• East Asian Economic Review
• /
• 제21권4호
• /
• pp.295-315
• /
• 2017

This paper derives the gravity equation with intermediate goods trade. We extend a standard monopolistic competition model to incorporate intermediate goods trade, and show that the gravity equation with intermediates trade is identical to the one without it except in that gross output should be used as the output measure instead of value added. We also show that the output elasticity of trade is significantly underestimated when value added is used as the output measure. This implies that with the conventional gravity equation, the contribution of output growth can be substantially underestimated and the role of trade costs reduction can be exaggerated in explaining trade expansion, as we demonstrate for the case of Korea's trade growth between 1995 and 2007.

• 통상정보연구
• /
• 제19권2호
• /
• pp.259-273
• /
• 2017

본 연구는 "통상정보연구"의 1999년 창간호에서부터 제18권 4호(2016년 12월)까지 지난 18년간 게재된 논문에 대한 메타분석이다. "통상정보연구"에 2016년까지 수록된 논문은 총 1047편이다. 학문분야를 본다면 전자무역, 상품 및 서비스혁신, 지역통상정보, 통상법제도, 통상협상 순으로 논문이 많이 게재되었다. 20편 이상 논문을 게재한 저자들의 전공분야가 15가지가 넘으므로 "통상정보연구"는 다양한 전공분야의 학자들이 논문을 게재하고 있는 다학제적인 논문집이다. 저자는 대부분 대학 소속이었고 연구비 수혜 논문의 비중은 19.7%이다. "통상정보연구"에 그동안 5편 이상의 논문을 게재했던 저자는 총 46명인데 이들의 H-지수는 5.6이다. "통상정보연구"의 2016년 영향력지수(IF)는 1.02이므로 "통상정보연구"의 무역학계 영향력이 높다고 볼 수 있다. 2002년 이후 집계된 "통상정보연구" 게재 논문들의 핵심 키워드는 전자상거래, 인터넷, 서비스무역, 중국, 전자무역, 한류, FTA, 중소기업, 해외직접투자 등이다. 그 중에서도 전자무역, FTA, 중국 세 가지 키워드가 가장 자주 등장하였다.

• Journal of Korea Trade
• /
• 제25권4호
• /
• pp.88-107
• /
• 2021

Purpose - Using a model that highlights Ricardian comparative advantage and Cournot competition, I derive theoretical predictions on how bilateral measures of trade intensity, specialization, and intra-industry are interrelated, and how Ricardian productivity differences affect these measures. We test the predictions using trade and production data, and confirm them. Design/methodology - A simple two-country general equilibrium model is constructed to derive theory-based bilateral indexes. We then test the relationships among them using panel data for 35 countries and 14 industries between 1996 and 2008. Findings - Bilateral trade intensity is increasing in specialization, as in the classical trade theory, and in intra-industry trade, as in the new trade theory. However, productivity differences positively affect specialization, and negatively affect intra-industry trade. These effects cancel each other; thus productivity differences have little impact on trade intensity. Originality/value - This paper provides a comprehensive conceptual framework for understanding the relationship among trade intensity, specialization, intra-industry trade, and productivity differences. We derive theory-consistent measures of specialization, intra-industry trade, and productivity differences. Moreover, we reevaluate the empirical relevance of these variables for the study of gravity equations. This paper is also an effort to capture oligopolistic competition in a general equilibrium framework, interests in which recently resurged.

• 무역학회지
• /
• 제47권2호
• /
• pp.31-46
• /
• 2022

The purpose of this study is to measure the degree of discrepancies in the bilateral trade data between South Korea and its five major trade partners and to identify the key factors causing the discrepancies. By analyzing statistics based on the CIF/FOB ratio estimation and taking into consideration the trade flow via Hong Kong, the study finds that the discrepancies in South Korea's trade data with the US, Vietnam, and Japan are insignificant. In case of Hong Kong, however, the value of South Korea's import from Hong Kong is extensively inconsistent with Hong Kong's export to South Korea(i.e. the mirror data) while the value of South Korea's export to Hong Kong generally corresponds to its mirror data. Such discrepancies are caused by differences in recording re-exports, which are often found in the trade flow via entrepôt economics including Hong Kong. Meanwhile, discrepancies in reported bilateral trade flows between South Korea and People's Republic of China(PRC) remain relatively marginal. The discrepancy of statistics between South Korea as the exporter and PRC as the importer is mainly caused by the trade flow via Hong Kong. On the other hand, the discrepancy of statistics between South Korea as the importer and PRC as the exporter is assumably due to the differences in attribution of trade partners.

• 통상정보연구
• /
• 제14권3호
• /
• pp.585-610
• /
• 2012

지금까지 전자결제 상용화 서비스를 제공하기 위한 다양한 시도는 있었으나, 실제로 상용화 서비스로 이용되고 있는 전자결제 모델은 거의 없고, 그 중에서 SWIFT의 TSU(Trade Service Utility) 만이 실현가능성이 가장 높은 것으로 평가받고 있다. 한국의 경우에는 전자무역촉진3개년사업을 통하여 e-L/C 유통관리시스템이 구축되었는데, 이는 세계 최초의 전자신용장서비스에 해당된다. SWIFT신용장을 전자신용장이라고 보는 견해가 몇몇 학자들에 의해 주장되고 있는데, 이는 신용장의 발행에서 통지에 이르기까지의 일련의 과정이 SWIFT 방식을 통해서 이루어지고 있는 현상에서 SWIFT를 통해 통지되는 신용장을 SWIFT신용장이라고 부르는 것에 지나지 않는다는 점에서 그릇된 견해라고 할 수 있다. 왜냐하면 완전한 전자신용장 시스템은 SWIFT망과 접속되어 유기적으로 연동될 수 있도록 되어야 할 뿐만 아니라 해외의 은행과 은행의 고객 간의 전자신용장 업무도 유기적으로 연결되어야만 가능한 것이기 때문이다. 본 논문의 연구 목적은 국내외 전자결제 관련 인프라 현황을 살펴보고, 향후 국제적으로 도입될 전자결제 인프라를 모색해봄으로써 우리나라 전자신용장 유통시스템의 구축과 상용화에 조금이나마 일조하고자 함이다.

• Journal of Korea Trade
• /
• 제25권7호
• /
• pp.56-74
• /
• 2021

Purpose - This study aims to identify consumer tendencies in Korea and Vietnam, focusing on the online platform called cross-border, to derive revenue generation measures and use them for strategies to advance into ASEAN. Design/methodology - The questionnaire collected 420 copies from December 1 to December 31, 2020, of which 408 were used for statistical processing. The structural equation model (SEM) and moderating effect analysis with Amos was used to test hypothesis in this research. Findings - The hypotheses were set as factors that positively influence the intention to use e-commerce, such as effort expectancy, social influence, facilitating conditions and variety seeking showed statistically significant results. Among them, the social influence factor had the greatest influence, followed by facilitating condition. The sample was divided into countries, Korea and Vietnam, and these changes and differences in influence were confirmed through moderating effect analysis. Originality/value - The moderating effect on both countries (Korea and Vietnam) was found to have a moderating effect on the intention to use. For Korean consumers, significant results were found in the effort expectancy, social influence, facilitating conditions, and variety seeking, but for Vietnamese consumers, there were significant effects on the social influence and facilitating conditions, but the effort expectancy and variety seeking had no significant effect.

• 무역학회지
• /
• 제46권1호
• /
• pp.23-38
• /
• 2021

This paper investigated the preference change of payment terms in international trade along with counteroffer or first offer conditions of the other parties. Studies on trade payment terms have mainly focused on payment term determination factors such as firm size, product price level, country credit rate, etc. We tried to find other factors affecting payment terms choice, during the negotiation process. We applied behavioral economics theories such as 'Status Quo Bias' and 'Anchoring effect' to build our research model. To prove the existence of the above effects, we proceeded with field experiments to the exporting companies in Alibaba.com. Both 'Status Quo Bias' and 'Anchoring effect' were found in the field experiment. Most of the exporting companies preferred traditional payment methods to new payment methods. And an initial request for a low advance payment ratio led to a lower advance payment ratio. Also, the experience of using new payment methods could diminish status quo bias. This paper applied behavioral economics theories and field experiment methodology to the payment term studies in international trades. These attempts could contribute to expanding the diversity of methodology and scope of international trade studies.