• The Research Journal of the Costume Culture
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• v.8 no.2
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• pp.149-165
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• 2000

This study concerns the export-import demands for Korean textile, textile products and clothing products. The result from the practice of study is as follows ; it predicts the constant increase as a result of prediction in the nation's total amount of export-import including the export-import amount of textile, textile-product, and clothing product. It is estimated that nation's textile trade balance will be about U $ 13 billion of trade surplus in every year from 2000 to 2003. Other hand, the trade balance of textile product is predicted about U $ 1.39 billion surplus, so is clothing product about U $ 3.29 billion surplus. Textile ratio is presumed to gradually decrease in aspect of export. Also, the portion of textile export in our national total export is predicted to reduce to 11.61% in the 2003. On the other hand, Textile import ratio will be constantly increased and the portion of textile import in our national total import is predicted to reach to 3.92% in 2003. Textile-product ratio is also estimated to increase in the area of export & 33.12% in 2003. Clothing product ratio is also estimated to increase annually. What with increasing ratio of clothing-product export in textile-product export reaching to total 0.87% within for 4 years(62.96% in 2003, 63.83% in 2003) and what with increasing ratio of clothing-product import in textile-product import reaching to total 6.42%(83.89% in 2000, 90.31% in 2003), it can be said that increase of its import will be much higher than that of export.

• International Commerce and Information Review
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• v.11 no.1
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• pp.139-155
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• 2009

This study investigates empirically the export competitiveness of Korea and Japan in America by calculating 4 indexes such as market share index(MSI), export similarity index(ESI), market comparative adventage index(MCAI) and market share expansion ratio(MSER)-export similarity deepening ratio(ESDR). The empirical finding of this analysis shows that Korea is competitive in the labor-intensive products and Japan in the technology-intensive products. This result also meets the general understandings that Japan is superior to Korea in the export competitiveness such as value added of goods, etc. Therefore, in order to strengthen the export competitiveness of Korea in the US market, it's desirable for our firms and government to improve the quality of product ranges by developing technologies focused on the higher value-added products.

• International Commerce and Information Review
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• v.10 no.2
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• pp.349-369
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• 2008

The purpose of this study was to investigate the impact of the performance of small and medium companies located in Chungbuk according to their export ratio. First, there were significant the differences in those companies' performance depending on their export ratio. Such variables as operating incomes, current ratio, R&D, and the number of employees showed differences when those companies were divided into two groups whose export ratio were less than and more than 10%. Second, the impact of determinants which consisted of the size of total assets, R&D, advertisement, and export ratio on those companies' performance which consisted of profitability, stability, productivity, growth, liquidity, and activity was analyzed.

• Journal of Fashion Business
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• v.3 no.4
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• pp.7-18
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• 1999

This study concerns the demand for Korean textile products in the USA, Japan, EU from 2000 to 2003. The result from the practice of study is as follows; The grand total export demand of textile product is estimated about U$7.2billion in 2000, U$8.5billion in 2003, and the annual growing rate is estimated 5.17%. The export of textile product to USA, Japan, EU, and other countries will be gradually increased from 2000 to 2003. Comparing to annual average export growing ratio, it is expected the ranks of annual average growing ratio as follows; The highest ratio is 8.35% in EU, the next 7.08% in other countries, 2.67% in Japan, and 2.51% in USA. It shows the change of the new countries to which our nation exports textile-products from the exportmarket structure of the present major export countries such as USA, Japan to EU and other nations. Also shows the same result in the export ratio by countries. The research predicts that the textile export portion will be decreased for our nation to USA and Japan while increased to EU and other countries.

• Journal of Korea Technology Innovation Society
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• v.8 no.1
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• pp.116-134
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• 2005

This paper investigates the relationships between export and firm characteristics, focusing on technology factors. It is based on a longitudinal data covering listed firms in the Korean manufacturing industry. A regression model for the determinant of export/sales ratio including dynamic adjustment process is tested on a cross-section sample of the year 2001. Empirical findings suggest that there is no significant relationship between export/sales ratio and firm's technological level. The hypotheses concerning human capital intensity and physical capital intensity are also rejected. But we found a positive and inversely U-shaped relationship between firm size and export/sales for basic material and capital good industry. As a dynamic aspect, we found that the pattern of export/sales ratio changed unstably over the last decade. Finally, some policy implications are presented.

• International Commerce and Information Review
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• v.11 no.1
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• pp.157-176
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• 2009

This study analyzed the information factors which determine cash liquidity in Korean export-oriented companies. In this paper, cash liquidity means the ratio of the value of cash or cash equivalent to the asset value subtracted marketable securities value from total asset value. The empirical test shows that main information factors are the size of company, the growth opportunity of company, the volatility of operating cash flows and free cash flows, the credit yield spread of company, the debt ratio, the turnover ratio of cash flows and free cash flows, and the estimate of bankruptcy that amounts to the inverse number of Z score. In summary, the size of company, debt ratio, turnover ratio of cash flows and free cash flows, and Z-score have negative influence on the cash liquidity of Korean export-oriented companies. but the volatility of operating cash flows affect the cash liquidity positively.

• International Area Studies Review
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• v.14 no.3
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• pp.312-338
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• 2010

This paper investigates the value relevance of advertising activity over the period from 2001 to 2009 in the listed Korean stock markets(KOSPI and KOSDAQ). In addition, this paper divide all sample firm into several subsample, based on R&D intensity and export ratio in total sales. The empirical result of this paper shows following two evidence; First, advertising intensity, which proxies for advertising activity, is significantly related to firm value at the 1% level of significance. Second, advertising activity of high R&D intensity and high export ratio sample firms has more significant value relevance than for firms with low R&D intensity and low export ratio. The empirical results suggest that moderation effect of R&D intensity and export ratio are very important factor in determining the value relevance of advertising activity.

• Management & Information Systems Review
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• v.22
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• pp.1-23
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• 2007

This paper investigates the relationships between exports, firm size, and firm dynamics. It is based on a longitudinal data covering listed firms in the Korean manufacturing industry. We found the stylized fact that the probability that a firm is exporter increases with firm size. A regression model for the determinant of export/sales ratio including dynamic adjustment process is tested on a cross-section sample for the year 2001. Empirical findings suggest that there is a positive and inversely U-shaped relationship between firm size and export/sales ratio, just for basic material and capital good industry. Except for firm size, the hypotheses concerning human capital intensity, physical capital intensity, R&D intensity, and patent are rejected. Using Granger causality test, we found that the rate of growth of total sales influences the change of the export/sales ratio with time lag for medium-sized firms. Finally, some policy implications are presented.

• Korea Trade Review
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• v.41 no.4
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• pp.61-90
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• 2016

This study aims to identify the sources of productivity change in export manufacturing firms. After estimating the Malmquist productivity index, a panel regression was used to calculate the source of productivity change. Upon conducting a literature review of this field, six variables were selected as explanatory variables. The results of an analysis of 355 export manufacturing firms operating from 2009 through 2015 are as follows: First, both innovation activity and total assets had a positive impact on productivity change. However, employment cost intensity, equity ratio, and current ratio had a negative impact on productivity change in export manufacturing firms. Second, innovation activity and intangible assets had a positive impact on productivity change, but employment cost intensity, selling expense intensity, and equity ratio had a negative impact on productivity change in large export manufacturing firms. Third, innovation activity had a positive impact on productivity change, but employment cost intensity and equity ratio had a negative impact on productivity change in small and medium export manufacturing firms. Fourth, intangible assets had a positive impact on productivity change, but employment cost intensity, selling expense intensity, and current ratio had a negative impact on productivity change in export manufacturing firms listed on the Korea Composite Stock Price Index. Fifth, innovation activity and total assets had a positive impact on productivity change, but employment cost intensity and equity ratio had a negative impact on productivity change in manufacturing firms listed on the Korean Securities Dealers Automated Quotations. The managerial implications of this study are also discussed.

• International Commerce and Information Review
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• v.9 no.4
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• pp.127-139
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• 2007

There are three methods to examine import structures : 1) look at import coefficient, 2) import dependency, and 3) composition ratio of imported products. Therefore, this study analyses the import structure of Korea using the three methods above and when final demand occurs on produced goods and services in each industrial section, it divides import induction coefficients that indicate size of induced import directly and indirectly into consumption, investment and export to identify the effect of export on import induction.