• Title/Summary/Keyword: import-export

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Analysis of the Car Industry Trade Structure between Korea and China

  • Lee, Jae-Sung
    • Journal of Distribution Science
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    • v.11 no.11
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    • pp.33-40
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    • 2013
  • Purpose - This study, in seeking to understand the trade structure of both Korea and China, aims to strengthen Korea-China economic cooperation; it examines trade impediments by analyzing the problems affecting trade and addressing these problems, thereby discovering ways to expand trade between these countries. Research Design, Data, and Methodology - The index of trade intensity developed by the trade intensity theory (Kruger, 1997) is used to analyze the trade decision factors of both countries. Although specific factors should have materialized from the analysis of trade decision factors, determining concrete explanations is difficult in reality, as there are many unsolved and diverse factors. Results - First, the index of A value/B value is the index of Korean versus Chinese market share/Korean versus world market share, which is a measure of comparative market intensity. Second, Korea has a comparative advantage in export specialization and, conversely, China has a comparative advantage in import specialization. Third, compared to 2000, the revealed comparative advantage (RCA) indexes are considerably improved. Conclusions - This study used quantitative measurement for analysis, applying trade intensity theory, trade specialization, and RCA indexes to gauge how inter-trade relations have changed between Korea and China during the past 10 years (2000, 2005, and 2012).

The Role of Overconfident CEO to Dividend Policy in Industrial Enterprises

  • HOANG, Lam Xuan;DANG, Duong Quy;TRAN, Thuan Duc
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.7
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    • pp.361-367
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    • 2020
  • Researching the influence and role of CEO overconfidence to dividend policy is important for stock market investors. Therefore, this study was conducted to find out the relationship between CEO overconfidence and dividend policy in industrial enterprises in Vietnam. Data collected from 222 industry enterprises listed on the Vietnam Stock Exchange from 2012 to 2018. Data is collected on financial statements of listed companies. GLS model with panel data is used to analyze regression results. The results show that CEO overconfidence has dividend yield higher than CEO non-overconfidence. At the same time, the dividend payout ratio of enterprises has no difference between CEO overconfidence and CEO non-overconfidence. The results also showed that revenue growth has a positive impact on dividend yield in small enterprises, but negative impact on dividend payout in large enterprises. Research results by firm size have similar results with the general analysis for all enterprises. At the same time, the analysis of ownership type shows that CEO overconfidence has a positive impact on dividend yield of non-state enterprises without affecting other types of enterprises. From these results, the authors also made a number of recommendations to help investors choose businesses to invest in accordance with their strategies.

Development and Practical Use of RT-PCR for Seed-transmitted Prune dwarf virus in Quarantine

  • Lee, Siwon;Shin, Yong-Gil
    • The Plant Pathology Journal
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    • v.30 no.2
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    • pp.178-182
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    • 2014
  • Among imported plants, seeds are the items that have many latent pathogens and are difficult to inspect. Also, they are the import and export items whose market is expected to expand. The biggest problem with seeds is viruses. Prune dwarf virus (PDV) is the virus that is commonly inspected in Prunus cerasifera, P. persica, P. armeniaca, P. mandshurica, P. cerasus, P. avium or P. serotina seeds. In this study, two RT-PCR primer sets, which can promptly and specifically diagnose plant quarantine seed-transmitted PDV, were developed; and nested PCR primers, where products amplify 739 and 673 nucleotides (nt), and an nested PCR-product, 305 nt, can be obtained as these products are amplified again, were developed. Also, a modified-positive control plasmid was developed, where the restriction enzyme XhoI, which can identify the contamination of samples from the control, was inserted. The method developed in this study has detected PDV in 18 cases since 2007, and is expected to continuously contribute to the plant quarantine in Korea.

Counterstrategy of Textile/Clothing Industry to FTA (Focusing on Korea-US/China FTA) (섬유/의류 산업의 FTA 대응전략 (한-미, 한-중 FTA를 중심으로))

  • Kim, Jung Hoi
    • Fashion & Textile Research Journal
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    • v.18 no.2
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    • pp.139-148
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    • 2016
  • There is an expanding global network of free trade agreements (FTA). High-quality, comprehensive free trade agreements play an important role to support global trade liberalization and are explicitly allowed under the World Trade Organization (WTO) rules. An FTA is an international treaty that removes barriers to trade and facilitates stronger trade and commercial ties that contribute to increased economic integration between participating countries. Korea benefits from the global FTA trend; however it has started and developed FTA negotiations later than other countries. Current FTA agreements exist with Chile, Singapore, EFTA, ASIAN, India, EU, Peru, USA, Turkey, Australia, and Canada; in addition, there are ongoing negotiations with China, Colombia, New Zealand, and Vietnam. FTA open up opportunities for the textile/clothing industry to expand businesses into key overseas markets. FTA improve market access across all areas of trade to help maintain and stimulate the competitiveness of textile/clothing firms. This study examines the expansion of free trade agreements in light of changes in the international trade environment and the status of the Korean textile/clothing industry. Korea's textile/clothing export/import products and concession of tariff, country of origin covered under Korea-US/China FTA are investigated to identify problems. This study provides practical and policy implications for the textile/clothing industry in regards to the Korea-US/China FTA.

A Study on Development of Automatic Agricultural Machinery for Onions Harvest (전자동 양파수확용 농기계 개발에 관한 인구)

  • 이진구;윤복현;박창언;김일수;성백섭;안영호;김인주
    • Proceedings of the Korean Society of Precision Engineering Conference
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    • 2002.10a
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    • pp.544-547
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    • 2002
  • According to the rising of national economic level. domestic consumption of vegetables having high additive values is increased continuously due to increased consumption of meat in last decade. These vegetables are produced almost in this country and are limited to import from neighbor countries in due of high transportation expenses for storing in refrigerated container. It is very important to mechanize the harvest work, forming more than 30% for their production cost, in order to cultivate variable vegetables at the same time according to their harvesting seasons. In this state its former harvest methods, with using of human power or semi-automatic harvest, caused to increase their production cost due to high labor cost and low working efficiency. The former onion harvest being operated almost by semi-automatic plant distributer mechanism have many limit and troublesome for cultivation spaces, vinyle mulched ridge, gravel mixture in soil. Therefore, it is necessary to develope a fully automatic and self-running situation and overcome above handicaps, even in the farm covered with vinyle house or mulch sheets. This newly developed onion harvest can be applied to plant various young trees and will be able to export together with onion haying their competition in the worldwide market in which the culinary vegetable method or farm conditions is similar to our country.

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Design and Implementation of an XML-based Translator for Metadata Interchange in RDBs (RDB 대상 메타데이터 교환을 위한 XML기반 번역기 설계 및 구현)

  • Lee, Wol-Yeong;Lee, Gi-Ho
    • Journal of KIISE:Databases
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    • v.28 no.1
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    • pp.48-56
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    • 2001
  • XML은 여러 분야에서 다양한 타입의 데이터를 효과적으로 관리하기 위한 표준으로 사용되고 있다. 이러한 XML의 한 응용으로서 데이터베이스 시스템, 파일 시스템, OLTP시스템, OLAP시스템, 데이터웨어하우징을 위한 ETL 시스템, 데이터마이닝 시스템 등을 포함하는 다양한 타입의 데이터 처리 시스템 사이에서 메타데이터를 교환하기 위하여 XML을 이용하여 메타데이터를 표준화하는 것이다. 본 연구는 MDC(MetaData Coalition)에 제안한 일반적인 데이터 처리 시스템을 위한 메타데이터 교환 스펙인 MDIS(Metadata Interchange Specification)를 따르도록 설계한 관계형 데이터베이스 시스템의 메타데이터 교환을 위한 사양으로서 R-MDIS(MetaData Interchange Specification for RDBs) 모델을 제안하고 이에 따라 표현된 자료를 상호 데이터베이스 시스템 사이에서 교환할 수 있는 Export 함수와 Import 함수를 포함하는 번역기를 개발한다. 이 번역기는 메타데이터의 일관성을 유지하면서도 메타데이터의 양방향 흐름을 지원할 수 있도록 하는 정보를 포함하고 있다. 본 연구는 구체적인 관계형 데이터베이스 시스템에서의 메타데이터 교환을 위한 실제적인 번역기를 구현함으로써 다양한 종류의 데이터 처리 시스템들 사이에서 메타데이터 불일치 문제를 해결할 수 있는 근거를 제시하였다. 둘째, XML을 이용하여 메타데이터 교환 사양을 설정함으로서 구도화된 데이터나 구조화되지 않은 데이터 모두에 대하여 일관된 방법으로 데이터 교환이 가능하도록 하여 효율적인 정보 교환을 할 수 있다는 것을 보여 주었다. 셋째, 본 연구에서 개발한 번역기는 메타데이터 교환에 의해 데이터들을 공유하게 함으로서 효율적으로 관리하지 못하던 데이터들을 효율적으로 사용할 수 있게 함으로서 데이터 관리 문제에 해결책이 될 것이다.

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The Korea dies and molds industry - Part 1. The Status of die and mold industry in Korea (최근 한국 금형 산업 - Part 1. 한국금형산업현황)

  • Im, Young-Taek;Shim, Woo-Phil;Heo, Young-Moo
    • Design & Manufacturing
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    • v.12 no.1
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    • pp.7-12
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    • 2018
  • The present status of the mold industry, including the size of the mold industry in Korea, its position in the global market, the production of the mold industry, import and export, and recent trends in the mold industry were examined. The survey was implemented for the trends fo dies and molds industry in 2017 by answers on business environment for Korean Mold Industry Cooperative Union members. The sharp decline in plastic mold exports in 2015 led to a decline in overall exports. China and Japan account for a very large share of mold exporting countries, but exports to emerging markets such as India, Mexico and Vietnam contributed to the overall increase in mold exports. China, Japan, India, the United States and Mexico were named as exporting countries with more than US $ 200 million, and Vietnam showed similar tendency as a major exporter. A survey conducted by the Korea Mold Industry Cooperative Association showed that the decrease in production and exports was predicted. In order to overcome the difficulties of the mold industry, the need for research on the linkage of the mold industry and technology to the wave of the fourth industrial revolution has increased.

Customs Administration strategies under FTA's trade environment (FTA 무역환경에서의 관세행정 전략)

  • Choe, Hui-In
    • 한국디지털정책학회:학술대회논문집
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    • 2007.06a
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    • pp.33-40
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    • 2007
  • The Customs Administration, unlike other administrative service, should respond to constantly changing external environment. The Customs has to actively adapt itself to government policy changes, economic changes and international environment changes to facilitate the flow of trade logistics and maintain trading relations wi th other countries. The purpose of this paper is to explain policy directions of the Korea Customs Service which enforces various policies related to tariff and non-tariff barrier elimination for the trade liberalization while the Korean government is pursuing FTAs on a multi-track basis. This paper aims to seek ways to apply FTA policies to the Korean society and economy in a smooth manner. First of all, this paper examines changes in Customs administration brought by the proliferation of FTAs to such areas as FTA negotiations, import/export management, duties and taxes collection, drawback reduction/exempt ion of duty application area of preferential tariff rate and country of origin management. Then, the paper sets FTA missions of "supporting Customs Administration to lead the new trend of free trade environment" after analyzing the environment changes. To achieve the FTA mission mentioned above, the KCS designated 4 strategies and 40 implementation tasks. The 4 strategies are named "4C Strategies" taking initial letters from Client-oriented, Customized procedures, Cooperation and Constitution. "4C" also refers to Foresee(strategies to foresee the successful establishment of FTA policies) or For C(Customer or Customs). The KCS will continue to create new tasks through various channels and monitor their implementation process, and to help FTA regime successfully take root in Korea.

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Advances in Cyber Trade and E-Commerce: Thier Impacts on Ex-Im Logistics Services (전자무역과 전자상거래에 따른 수출입물류서비스 발전방안 연구)

  • 안승범
    • Journal of Korea Port Economic Association
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    • v.18 no.1
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    • pp.107-134
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    • 2002
  • Globalization of the industry induces the internationalization of any given manufacturing company's supply chain. Development of e-Commerce and Information Technology (IT) changes the logistics structure, making logistics information systems essential. Web-based connectivity and supply chains based on new technologies are becoming essential in the logistics industry. Customers are driving the implementation of systems to ensure timely, thorough, and accurate information, often with immediate access; in response, the Internet has propagated tracking and tracing systems. Value-added services are the key to successful intermediary activities. The nationwide Integrated Logistics Information System (ILIS) aimed to utilize existing and future information infrastructure and knowledge bases to build an integrated logistics information network that would provide comprehensive logistics information services for shippers and carriers in order to improve the efficiency of both inventory and information flows in their supply chains. The ILIS, as one of the seven national information networks, has provided various services, particularly services related to import/export and clearance. Though a survey concerning logistics information services shows rather positive results, shippers and carriers still require better services and reductions in EDI prices. Therefore, the role of the ILIS needs to be re-defined. Short-term plans for the ILIS contain ICD services and XML/EDI services, which are described in detail.

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Efficient distribution support of Shipping Request Data based on Digitalized Character Recognition (디지털 문자 판독기술을 적용한 선적요청서 데이터의 효율적인 유통지원)

  • Park, Joon-Hyuk;Goh, Hyun-Woo
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.31 no.2
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    • pp.112-121
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    • 2008
  • Nowaday the supply chain competitiveness is emphasized more and more than a company's own competitiveness. One of the most important processes in import and export is a publication over the Bill of Loading. In the publication of those bills S/R(shipping request) and check B/L for reviewing are circulated among consignors, forwarders, shipping companies and airlines by fax and e-mail. Or there should be expensive a One to One system, like an EDI. Each party has to re-input S/R data to their own systems and check it several times. The S/R data are converted digital to analog type and analog to digital repeatedly to check in the process. As the process goes by there can be not only input data errors but also waste of time and cost. ECR(electronic character recognition) is a technology can solve the Problem. Considering the data structure of documents in many systems used ECR samples SIR data from documents written in the digital type. But it is not enough with it only. To make N to N composition in reality more efficient we make a documents hub on the web reengineering the existing process to One to One relation. The ECR documents hub system has given us beneficial effects over a year throughout a field test.