• Title/Summary/Keyword: export competitiveness

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Development Strategies of Agri-food Exportation for Agricultural Export Promotion in Korea (우리나라 수출농업 활성화를 위한 농식품 수출 발전방안)

  • Cho, Sung-Je
    • International Commerce and Information Review
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    • v.12 no.1
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    • pp.203-224
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    • 2010
  • With the launching WTO, the world economy has been changing new competitive environment. Agricultural exports should be pursued actively in the market of opening era to develop the foreign agricultural product market and to improve the domestic agribusiness quality and strengthen its competitiveness. The purpose of this is paper is to understand agricultural export status of Korea to detect challenges and matter for improvement, to find new measures of export strategy for the foreign market, recent emerging export promotion with high potential growth, and to increase Korea agricultural export to new world market by using a new method. The profit and loss status is volatile since the agricultural export is in its infancy. However, we have learned lessons from previous success and failure that prior analyzing of agricultural export feasibility, phased-in expansion of agri-food export volume, connection of agri-food export and agri-food market policy. In relation to this, this paper introduces Efficient and Effective Utilization of Communal Facilities in agri-food export. Consequently, First, Export promotion scheme for agri-food is to precise analysis of import countries and to collection agri-food export procedure and agri-food market system. Second, In order to expand export agricultural products to new world market, we need to direct 3rd support program to enhancing competitiveness in expanding export of agricultural export.

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Currency Valuation, Export Competitiveness, and Firm Profitability: Evidence from Bangladeshi Firm-Level Data

  • CHOI, Sunghee
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.1
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    • pp.61-69
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    • 2021
  • The aim of this paper is to empirically investigate whether and how domestic currency valuation is related to firm-level export competitiveness and profitability by using the unique firm-specific dataset on Bangladeshi nonfinancial firms which have been listed continuously from 2010 to 2018. To achieve the aim of this paper, 63 exporting firms are extracted from a total of 125 firms which have been continuously listed during 2010-2018 and used as the final sample firms. The Pedroni cointegration test reveals that export and import prices of the exporting firms are cointegrated in the short-run as well as long-run. The panel dynamic ordinary least square (DOLS) analysis finds that a firm's export competitiveness is maintained by high import inputs even in the presence of depreciation of Bangladeshi currency against the US dollar. Finally, the DuPont analysis finds that the depreciated Bangladeshi currency enhances an exporter's profitability. Conclusions based on the findings are consistent regardless of exchange rate types, such as, real bilateral exchange rate and nominal or real effective exchange rate indexes. Consequently, the firm-level findings of this investigation suggest that undervalution of home currency is essential for Bangaldesh which is one of the frontier markets in South Asia whose exporting firms are mostly price followers in global markets.

A Study on the Improvement of Competitiveness and International Export Control System of Strategic Items (전략물자의 국제 수출통제와 경쟁력 제고방안에 관한 연구 - 자율준수체제를 중심으로 -)

  • Kim, Hyun-Jee
    • International Commerce and Information Review
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    • v.10 no.1
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    • pp.349-371
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    • 2008
  • Export controls on strategic items has been an international standard of trade. We should understand the global trend of this and perform clean policies in the international community. This article examines the Improvement of Competitiveness and International Export Control System of Strategic Items for focusing to Internal Compliance Program(ICP). Therefore, this study would like to suggest for build to ICP. Each member of company have to convert their perception for controling strategic items. Also, they have to build controling system in ERP system and extend Incentive for CPs. the support to the trustworthy controling system. Korea is actively trying to control strategic items export for world peace and national security. So the related enterprise needs to manage voluntary export system.

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Competitiveness Comparison between Korea and Japan in the Spectacles Industry (한국과 일본 안경산업의의 경쟁력 비교)

  • Lim, Jun-Hyeong;Hyun, Sung-Cheol
    • Journal of Korean Ophthalmic Optics Society
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    • v.15 no.1
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    • pp.19-23
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    • 2010
  • Purpose: The aims of this paper are to assess the competitiveness about the spectacles industry of Korea against Japan. Methods: We use export competitiveness indexes such as market share index, trade specialization index and market comparative advantage index to evaluate the competitiveness of spectacles industry of Korea against Japan. Results: This paper shows that the comparative advantage of the Spectacles industry of Korea in MC(market comparative advantage) against Japan arc spectacles lenses and contact lenses. Furthermore, it can also be known that the spectacles lenses and contact lenses have export competitiveness in the TSI (trade specialization index) against Japan. Conclusions: We need to choose spectacles lenses and contacts lenses as the main export items against Japan in the spectacles industry of Korea. Along with this, we need to improve the image of the Spectacles industry in Korea; after that, we have to create a strategy that would strengthen export competition in other items.

An Empirical Study on the Export Competitiveness of Korean Automobiles in the Local Chinese Market (한국 자동차의 대중국 수출경쟁력에 관한 연구 - RCA, CAC, ESI 지수 비교를 중심으로)

  • Kim, Tae-Heon
    • International Area Studies Review
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    • v.13 no.3
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    • pp.583-611
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    • 2009
  • This study aims at analysing the export competitiveness of the six largest countries which have the highest market share in world automobile market, namely Japan, USA, China, Germany, South Korea and France for the last seven years between 2000 and 2006 in Chinese automobile market by using revealed comparative advantage index(RCA), comparative advantage index by country (CAC) and exporting similarity index(ESI). On analysis of the RCA index, it showed that the export competitiveness of Korean automobile in the world market was high following Japan and Germany, but it ranked the lowest competitiveness among the six trade competitors in Chinese automobile market. In other side, it is also made sure that the formidable competitors of Korean automobile export in global market are Germany and Japan. Therefore, South Korea needs to raise its ability to adjust to improvement of the international competitiveness in exports through close cooperation between government and automobile export enterprise and consistent monitoring about Chinese automobile industry and market.

An Analysis on Determination for Competitiveness of Export Marketing in Korea Exporting Companies (한국수출업체의 수출마케팅 경쟁력 결정요인 분석)

  • Chung, Chang-Kun;Choi, Hyuk-Jun
    • International Commerce and Information Review
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    • v.11 no.3
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    • pp.217-237
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    • 2009
  • The purpose of this study is to measure importance and performance levels of marketing 4P components of exporting companies, to compare & analyze domestic and foreign exporters' levels and to establish marketing 4P strategies with maintaining some components, improving some marketing activities and reducing activities to enhance korean exporters' competitiveness. Korean exporters' performance is better than foreigners' in product quality, inquiry and order processing of product, product adoptions. And foreigners' performance is better than koreans' in lower price, price adoption, various ways of payments, discount prices.

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A Study on Export Support Strategy of Green Industry (녹색산업의 수출지원전략에 관한 연구)

  • Lee, Jae-Young;Kim, Hong-Gi
    • International Commerce and Information Review
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    • v.12 no.4
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    • pp.455-476
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    • 2010
  • The Green Growth industry-becomes very important as new growth engines in the Korean economy. At the same time, the green industry export support becomes important because the export determines the competitiveness of the industry. Most export support systems in the past was a short-tenn basis but the support for green industry should be made in the long-tenn and systematically. Therefore, effective export support system for green industry are suggested in this paper. First, the green industry-related laws should be amended. Second, active technical support and financial support should be available and the restriction for domestic market activation should be removed. Lastly, the information about green protectionism should be provided with effective counterplan. As a result, the Korean green industry can have competitiveness in international markets. and help Korean products improve Korea Premium.

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Export Growth Strategy through Comparison of Korea and China's Cosmetics Export Competitiveness (한국과 중국 향장품의 수출경쟁력 비교를 통한 수출성장 전략)

  • Park, Ji-Hye;Park, Chul-Ho
    • International Commerce and Information Review
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    • v.14 no.2
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    • pp.317-346
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    • 2012
  • Korea's export economy across all industries are affected by the rise of China. The field of cosmetics can not be an exception. Expansion of the export of Chinese cosmetic goods can bring a greater concern to the export of Korea. Therefore, comparing the competitiveness of cosmetics in China and Korea will propose Implications for export growth strategy. To this end, comparing Korea cosmetic product's competitiveness with China, Revealed Comparative Advantage Index (RCA), Trade Specialization Index (TSI) and the status of import and export countries were comprehensively analyzed. In the case of Korea, items that have a competitive over China were No. 330499 and No. 330510. The following items in proportion were No. 330430 and No. 330590. By strengthening its position of these four items as major export items of Korea Cosmetics, export growth strategy in China and other markets around the world is needed.

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An Analyzing the Competitiveness of Chinese Metal Items in the Korean Market under Korea-China FTA (한·중 FTA에 따른 중국산 금속 품목의 한국시장 경쟁력 분석)

  • Kim, Ji-Yong
    • Asia-Pacific Journal of Business
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    • v.8 no.1
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    • pp.67-77
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    • 2017
  • The purpose of this study was to analysis Korean market competitiveness of Chinese metal items. Methods of analysis were Market Share Index, Market Comparative Advantage. The data was collected through Korean Materials & Components Technology Network and period of analysis were 2009-2016. Chinese main 6 metal items which recorded high-ranked export sum and exported to Korea in 2009-2016. From this study, following results were found. i) In searching trade balance aspects through MSI, highly ranked Chinese metal items in Korea market were steel rolling, pressing&elongation products, steel tubes, steel casting industry. ii) In searching market advantage aspects through MCA, Chinese metal items have strong competitiveness in Korea market. especially, steel rolling, pressing & elongation products, steel tubes, steel casting industry had strong competitiveness in Korea Market. In conclusion, we found that most of Chines metal items have competitiveness in Korea market. Especially, steel rolling, pressing & elongation products had very strong competitiveness in Korea market.

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The Strengthening of Export Competitiveness through the 6th Agriculture Industrialization and the 4th Industrial Revolution (4차 산업혁명 시대에 농업의 6차산업화와 이를 통한 수출경쟁력 강화)

  • Jung, Jin-Sup;Khoe, Kyungil
    • The Journal of Industrial Distribution & Business
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    • v.9 no.3
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    • pp.31-43
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    • 2018
  • Purpose - With the technology of the 4th industrial revolution, business models of agricultural sector are changing rapidly toward convergence and high value-added business models due to the 6th industrialization of agricultural. Our goals is to examine the 6th industrialization of agriculture, and then to apply the technology of the 4th industrial revolution to the 6th industrialization of agriculture, suggesting the possibility of future agriculture, and then linking the export competitiveness of agricultural products. Research design, data, and methodology - As the methodology, case studies and empirical analyzes were conducted as well as literature studies. The case analyses included tomatoes, pig breeding farms, and an empirical analysis was conducted using the AHP analysis by experts of the 6th industrialization. In addition, using 124 survey data, this study examined and analyzed the items of the 4th industrial revolution technology for the 6th industrialization of agriculture and the strengthening of export competitiveness. Results - Results showed that the technology of the 4th Industrial Revolution helped "6th industrialization of agriculture" and "the strengthening of export competitiveness" using two successful cases. The AHP analysis was also carried out, and it was found that the improvement of the technology in the 4th industrial revolution could contribute to the future industrialization as well as the 6th industrialization of agriculture. First of all, we looked many conditions were important and urgent. Among the technologies of the 4th industrial revolution, the mobile, big data were important. Moreover, it was recognized that linkage and convergence related efforts would greatly contribute to strengthening export competitiveness of agriculture such as price and quality competitiveness. Conclusions - The 4th industrial revolution such as hyper-connectivity, hyper-intelligence and hyper-predictability contribute greatly to the 6th industrialization of agriculture, and therefore it is essential to improve the competitiveness of the agricultural sector by using the technology of the 4th industrial revolution. In particular, based on analyses of the diamond model, the "demand conditions" was the most important factor for the activation of the 6th Industrialization, and then "related and supporting fields", "factor conditions" and "business context" were followed in order. The results of this study can be useful for policy, practical and academic sectors.