• Title/Summary/Keyword: import effect

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A Study on the Effect of Export on Induction of Import (수출이 수입유발에 미치는 효과에 관한 연구)

  • Son, Yong-Jung
    • 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.

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The Effect of technology import and R&D investment on the value of the firm (기술도입과 연구개발비 투자가 기업가치에 미치는 영향에 관한 연구)

  • Jeong, Jin-Ho;Kim, Hyeon;Gwon, Jeong-Eun
    • Journal of Technology Innovation
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    • v.16 no.1
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    • pp.191-213
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    • 2008
  • This study investigates the effect of technology import and R&D investment on the value of the firm in Korea. The result shows that the technology import announcement effect of firms with a low R&D investment is higher than that of firms with a high R&D investment. The evidence suggests that technology import can substitute the existing R&D capability of the firm. In addition, the result shows that there is an optimal level of technology import and R&D investment to maximize the value of the firm. In particular, firms with a low R&D investment and a large amount of technology import experience the highest announcement effect. The study concludes that an adequate allocation of fim's capital between R&D investment and technology import is needed for firm's optimal technology strategy.

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The Estimation of Import Demand Function of Import Beer using Anti-Japanese the Priming Effect (반일(反日) 프라이밍 효과(Priming Effect)를 고려한 수입맥주의 수입수요함수 추정)

  • Kim, Eun-Young;Lee, Byoung-Hoon
    • Korean Journal of Organic Agriculture
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    • v.30 no.1
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    • pp.37-50
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    • 2022
  • This study analyzes the impact of Import beer demand on Anti-Japanese sentiment. Recently anti-Japanese sentiment heightened by the media was found to be drastically reducing the consumption of Japanese beer in the domestic imported beer market. Thus, the study used the import demand function of imported beer to analyze the impact of the 'Priming Effect' on the consumption of imported beer by anti-national sentiment, indicating a significant drop in Japanese beer consumption in other countries. Therefore, this study used the imported beer import demand function by country to analyze the impact of the priming effect on imported beer consumption according to anti-national sentiment. As a result, in the case of imported beer consumption in other countries, it was estimated that indirect consumption substitution occurred considerably.

A Study on the Effect of Exchange Rate and Exchange Risk about the Import of Korea's Fisheries (환율과 환율변동성의 변화가 수산물 수입에 미치는 영향분석)

  • Kim Ki-Soo;Kim Woo-Kyung
    • The Journal of Fisheries Business Administration
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    • v.37 no.2 s.71
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    • pp.1-18
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    • 2006
  • This study analyzes the effect of exchange rate and exchange risk on the import of Korea's fisheries. The estimation models consist of the following contents. The first model consists of one dependent variable-import quantity of fisheries$(IMQ_t^{Total})$ and three independent $variables-RP_t^{Total}$, $EX_t\;and\;EXV_t$. The second one-one dependent variable-import quantity of fisheries from China$(IMQ_t^{CN})$ and three independent $variables-RP_t^{CN},\;EX_t\;and\;EXV_t$. And the last one is made up of one dependent variable - import quantity of fisheries from $Japan(IMQ_t^{JP})$ and three independent $variables-RP_t^{CN},\;EX_t\;and\;EXV_t$. The estimation results show that all of the independent variables are statistically significant. Especially, the effect of Chinese $RP_t^{CN}$ is grater than Japanese $RP/P_t^{JP}$. However, the effect of Japanese $EX_t$ is grater than Chinese $EX_t$.

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Research on the Impact of Logistics Industry Efficiency and Agglomeration Effect on Import and Export Trade in Korea

  • Cheng, Wen-Si
    • Journal of Korea Trade
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    • v.25 no.5
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    • pp.93-109
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    • 2021
  • Purpose - The logistics industry is often featured by its location relevance and industrial concentration. Industrial concentration is conducive to the effective transmission of information by reducing transaction costs and improving transaction efficiency, thus promoting the development of trade. The main purpose of this paper is to measure the spatial total factor productivity and location quotient of the logistics industry in Korea, and to study the impact of the logistics industry efficiency and agglomeration effect on import and export trade in Korea. Design/methodology - First, used the spatial stochastic frontier method to measure the spatial total factor productivity of the logistics industry in Korea, this serves as the efficiency index of the logistics industry in various regions of Korea. Second, calculated the location quotient (LQ) of the logistics industry to measure the industry's concentration degree. Third, employed a spatial econometric model to analyze the impacts of factors such as the efficiency and concentration levels of the logistics industry on import and export trade in Korea. Findings - This study's main findings can be summarized as follows: this study found that the overall efficiency of the logistics industry in Korea needs to be improved, even though it showed an upward trend in all regions of the country; Moreover, the agglomeration level of Korea's logistics industry needs to be improved; Finally, the positive spatial correlation and industrial agglomeration effect of Korea's logistics industry had a positive impact on the country's import and export trade. Originality/value - This study is innovative in terms of research perspective and methods. Most of the previous studies have measured the development level of the logistics industry using the logistics performance index (LPI), Fewer studies have assessed through the spatial total factor productivity and location quotient of the logistics industry in Korea to measure the efficiency index of the logistics industry in various regions of Korea and concentration degree, as well as there was almost no study on the impact of logistics industry efficiency and agglomeration effect on import and export trade in Korea. This study addresses this limitation by analyzing the impacts of the efficiency and agglomeration effect of the logistics industry on import and export trade in Korea.

A Study on Consumer Preference Factors to Domestic Versus Imported Apparel (국내 및 수입 유명 의류에 대한 소비자 선호요인 비교연구 - 여성복을 중심으로 -)

  • 장은영
    • Journal of the Korean Society of Clothing and Textiles
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    • v.21 no.1
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    • pp.182-193
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    • 1997
  • The purpose of this study was to investigate the actual state of introduction and distribution of import apparel and to identify which characteristics of import apparels were different from domestic apparels by analysing consumer's evaluation attitudeto import apparels comparatively. Inaddition, by forming consumer groups who prefered import apparels and who prefered domestic apparels consumer characteristics and factors of each group were investigated. Results of this study are summarized as follows; 1. The degree of recognition of domestic or import well-known apparel brands were both high as 79.1% was to national brandcomparing with 77.0% of import brands. Average holding articles of import apparels were increasing up to 2.08 per person. 2. Consumers gave better evaluation to import apparel in all its aspects. With respects of the economic value and thepractical value, domestic apparel brands were evaluated better than import apparel brands while import apparel brands were evaluated better than domestic apparel brands with respects of design, brand image, and quality value. 3. Consumer group who has preference to import apparel has the tendency of high degree of clothing expenditure and low degree of economical behavior in clothing life st)4e and high degree of brand preferency. Futhermore, such group was not affirmative to negative effect of purchasing import goodsand open-trade policy. 4. Core factors affecting the preference to import apparel were design evaluation attitude, general reluctancy to buying imports, brand-oriented clouting life style, and degree of prossession of import apparel, as enumerated in the order of importance.

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A Study on the Long and Short Term Effect of Exchange Rate about the Import of Korea's Fisheries during Feely Flexible Exchange Rate System Period - Focus on Main Fisheries Imported from China - (자유변동환율체제하의 수산물 수입에 대한 환율의 장단기 영향분석 - 중국으로부터의 주요 수산물 수입품목을 중심으로 -)

  • Kim, Woo-Kyung;Kim, Ki-Soo
    • The Journal of Fisheries Business Administration
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    • v.40 no.3
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    • pp.169-187
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    • 2009
  • This study analyzes the long and short term effect of exchange rate on the import of Korea's fisheries focussed on main fisheries imported from China. The estimation models consist of the following contents. The first model consists of one dependent variable-import quantity of fisheries imported from China(${IMQ_t}^{CHO}$) and three independent variables-${RP_t}^{CHO}$, $EXC_t$ and $GDP_t$. The second one-one dependent variable-import quantity of fisheries imported from China(${JMQ_t}^{NAG})$ and three independent variables-${RP_t}^{NAG}$, $EX_t$ and $GDP_t$. the third one-one dependent variable-import quantity of fisheries imported from China(${IMQ_t}^{AH}$) and three independent variables-${RP_t}^{AH}$, $EX_t$ and $GDP_t$. the forth one-one dependent variable-import quantity of fisheries imported from China(${IMQ_t}^{KO}$) and three independent variables-${RP_t}^{KO)$, $EX_t$ and $GDP_t$. the last one is made up of one dependent variable-import quantity of fisheries imported from China(${IMQ_t}^{GAL}$) and three independent variables-, ${RP_t}^{GAL}$, $EX_t$ and $GDP_t$. and. The estimation results show that exchange rate of the independent variables are statistically significant in only the first model. The figure is elastic. Especially, the effect of exchange rate in first model is grater than that of the. However, the effect of exchange rate, one of independent variables in the ECM, is not statistically significant.

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The Effect of Import Increase for Korea's Fishery by Korea-GSTP Ground (범개도국간 특혜무역제도 관세협상에 따른 국내 수산분야의 수입증가효과분석)

  • Choi, Jong-Du
    • The Journal of Fisheries Business Administration
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    • v.39 no.3
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    • pp.91-109
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    • 2008
  • The worldwide proliferation of regional trade agreements combined with rising interests of 37countries has led to the emergence of a possible GSTP between each country. Although there are many obstacles to GSTP, its effect, if a realized, will go beyond trade related issues. This study was to specify and estimate a model of Korea-GSTP Ground in Korea that can be used to evaluate and improve management decisions. The development of the model relied on several submodels. On the trade negotiation side, a import demand function was estimated in order to account for the increasing amount of import. In terms of margin of preference(MOP)s, they were used to estimate values after decreasing tax based on scenarios I, II, and III. The results showed that the highest effects for increasing value and amount of import are a freezing crab(HS code 0306143000) and freezing hairtail(HS code 0303793000). This paper will be provide to help policy makers understand the Korea-GSTP Ground in the Korea fishery.

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A Study on Export Korean Firm into China : by 31 region (우리나라의 대중국 수출 영향요인 분석 - 중국 31개 지역에 대하여 -)

  • Baek, Eun-Mi
    • International Commerce and Information Review
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    • v.9 no.4
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    • pp.439-460
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    • 2007
  • The purpose of this paper is to study on export factor of Korean into China by 31 Province and City. Using the panel data on Korean export factor in China for the years 1998-2005, we examined the factors determinants of import in China(by region)from Korean firms. This study based on Gravity Model to extend and fixed & random effect Model. The result of analysis is as follows : The effect of significant on Import from Korean is FDI from Korea, export into world, import from world, population in region. But per GRDP, consumption, FDI into world variable is statistically insignificant. Also coastal region variable is not a clear.

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Analysis on the inhibitory effects of frozen pepper imports from China by tariff-rate quota, a trade policy tool using a structural equation model

  • Hong, Seungjee;Han, Sukho;Jang, Heesoo
    • Korean Journal of Agricultural Science
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    • v.47 no.2
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    • pp.337-347
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    • 2020
  • Since 2012, despite the fact that tariff rate quotas (TRQ) in the form of dried peppers has not been imported, the imports of pepper-related items such as low- tariff frozen peppers (27%) and other sauces (45%) have increased, there has been a problem in the domestic pepper industry, in which the domestic self-sufficiency rate has declined. The purpose of this study was to find out whether the operation of chili pepper TRQ has the effect of suppressing the imports of pepper-related items from China. We analyzed the import substitution effect (import suppression effect) through causal analysis of the imports of red pepper TRQ, frozen peppers, and other sauces using the structural equation model analysis method. As a result of the hypothetical scenario analysis, when the government imports and releases 7,185 tons of pepper TRQ in 2019/20 (scenario), private imports were estimated to decrease by only 3,060 tons. In other words, the import substitution effect between imported items was estimated to decrease about 2,079 tons of private dried peppers, and about 981 tons of imported pepper-related items. There was an effect of suppressing the imports of pepper-related items such as frozen peppers, but it was analyzed to be insignificant. That reason was that the replacement substitution elasticity of the pepper-related items for TRQ import was less than 1 (inelastic). Therefore, it is judged that the government's operation of the pepper TRQ is preferably focused on stabilizing domestic prices rather than focusing on import control of pepper-related items.