• Title/Summary/Keyword: the inter-industry trade

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Study on Changes and Development Trends of the Trade Structure between Korea and China

  • Hang, Gao
    • Asian Journal of Business Environment
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    • 제2권1호
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    • pp.19-23
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    • 2012
  • The economic exchanges have become increasingly frequent between China and Korea and the average annual growth rate of the total trade volume has increased by 30% since the establishment of diplomatic relations between the two countries. With the rapid economic growth and industrial upgrading of China, there are changes in the investment of Korea in China and domestic demand of China, and the trade structure of Sino- Korea has changed a lot in recent years. The changes have mainly manifested in the following aspects, including the increased proportion of high-tech products, raw materials and the intra-industry trade, the decreased proportion of consumer goods, the inter-industry trade and the trade deficit of China. With the development of the situation of international economy, the scale of Korea and China trade will continue to expand and the structure of Korea and China trade will also keep on changing in the long run.

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Buyer and Supplier Collaboration Strategy for Development and Production in the Korean Auto Industry

  • Park, Tae-Hoon;Kim, Il-Gwang
    • Journal of Korea Trade
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    • 제23권2호
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    • pp.14-33
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    • 2019
  • Purpose - This paper aims to articulate determinants of inter-organizational cooperation based on to the extent to which inter-organizational tasks are related to product development and production processes. Design/Methodology - This research conducted OLS regression analysis based on the data acquired from questionnaire survey in Korean auto industry. Findings - Our analysis has verified that complementary and compatible resources, as well as physical and human asset specificities, positively affect inter-organizational product development cooperation. Conversely, in the production process, only complementary resources positively affect inter-organizational cooperation, whereas compatible resources and physical asset specificity have a negative influence. The changing characteristics of compatible resources (with IT innovations and AI), and physical asset specificity (influenced by a rising need to reduce production costs), cause inter-organizational cooperation in production to decrease. Originality/value - This research attempts to expound upon these determining factors of inter-organizational cooperation by considering both complementary-compatible resources and asset specificity in product development and production simultaneously. The reason why the impact of complementary-compatible resources and asset specificity on inter-organizational cooperation is critical in understanding the determinants of inter-organizational cooperation is that the attributes of complementary-compatible resources and asset specificity in production have changed drastically due to the continuing diffusion of IT innovations and AI (Artificial Intelligence).

유럽연합 확대와 역내 교역흐름 및 교역구조 변화 (Intra-European Trade Flow and Trade Structure)

  • 문남철
    • 한국경제지리학회지
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    • 제12권4호
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    • pp.406-420
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    • 2009
  • 유럽연합의 경제적 통합과 지리적 확대는 역내 회원국간 교역흐름과 교역구조에 많은 변화를 가져왔다. 첫째, 유럽연합의 역내 교역량은 경제통합과 단일시장 확대로 지속적으로 증가해 왔다. 이러한 교역량 확대는 시장통합에 따른 회원국간 무역창출 및 무역전환효과에 의한 것이기도 하지만, 신규 회원국의 가입에 따른 시장확대에 의해 이루어졌으며 신규 회원국의 가입이 교역량 증대에 미치는 효과는 점차 약화되고 있다. 둘째, 경제통합과 단일시장 확대에 따른 무역확대로 서부유럽은 물론 남부유럽과 중 동부유럽의 역내시장에 대한 수출 입 의존도는 증대되었다. 특히 남부유럽 및 중 동부 유럽의 역내 수출 입 의존도가 상대적으로 더 높게 증가하였다. 셋째, 유럽연합의 역내 회원국간 교역구조는 상품의 자유로운 이동과 단일시장 확대로 규모경제가 가능해짐으로써 상품의 차별화에 의한 산업내 교역이 증가하였다. 산업내 교역에서도 수평적 산업내 교역은 감소하고 수직적 산업내 교역은 증가하였다. 그리고 산업내 교역은 서부유럽의 교역에서 높았으며 산업간 교역은 남부유럽 및 중 동부유럽의 교역에서 상대적으로 높게 나타났다. 그러나 남부유럽 및 일부 중 동부유럽국가의 교역구조도 산업간 교역에서 산업내 교역으로 변화되고 있다.

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Analysis of the Car Industry Trade Structure between Korea and China

  • Lee, Jae-Sung
    • 유통과학연구
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    • 제11권11호
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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).

Trade Structure Analysis in the Auto Distribution Industry between Korea and the U.S.

  • Lee, Jae-Sung;Park, Young-Tae
    • 유통과학연구
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    • 제13권6호
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    • pp.35-44
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    • 2015
  • Purpose - To accelerate economic cooperation, this study investigates trade structures of Korea and the United States and identifies trade discrepancies. Such discoveries can lead to increases in trade volume by improving policies, eventually uncovering ways for trade expansion. Research design, data, and methodology - The Index of trade intensity, from trade intensity theory, is used to analyze the trade decision factors. Even though specific factors should materialize in the analysis, realistically, concrete explanations are difficult as there are so many unsolved factors and diversifications. Results - First, the Index of A value/ B value positions Korean against the United States in terms of market share and Korea against world market share, which thereby reveals comparative market intensity. Second, Korea is taking comparative advantage of export specialization. Third, real comparative advantage indices are considerably improved since early 2000. Conclusions - This study uses quantitative measurements and trade intensity theory and trade specialization to come up with a comparative advantage index to see how inter-trade relations between Korea and the United States have changed over the past 10 years.

Evaluation of Competitiveness in Auto Distribution Industry between Korea and Russia

  • Lee, Jae-Sung
    • 유통과학연구
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    • 제13권8호
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    • pp.5-14
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    • 2015
  • Purpose - This study undertakes to examine the automotive trade structure between Korea and Russia to accelerate economic cooperation and pinpoint trade discrepancies to increase trade volume through improved policies, eventually finding ways for trade expansion. Research design, data, and methodology - To analyze trade decision factors for both countries, the Index of trade specialization invented by trade specialization theory, is used. Although specific factors should materialize in the trade decision analysis, realistically, concrete explanations are difficult as many unsolved factors are involved as well as their complexities Results - First, to assess comparative market competitiveness, the Index describes A value/B value, representing the Korean versus the Russia market share and the Korean market share versus the world. Second, the index shows that Korea is taking comparative advantage of its export specialization. Third, the RCA indices show considerable improvement compared to 2000. Conclusions - This research used a quantitative approach to examine trade specialization and examined a comparative advantage index of market share to see how inter-trade relations have changed over the past 10 years.

일대일로와 미·중 무역 분쟁: 글로벌 무역 네트워크에의 함의 (The Belt and Road Initiative and the US-China Trade War: Implications for Global Trade Networks)

  • 현기순
    • 한국경제지리학회지
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    • 제24권3호
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    • pp.243-258
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    • 2021
  • 본 연구는 미·중 무역 전쟁과 일대일로가 촉발할 세계무역의 변화를 부가가치 기준 무역 통계를 이용하고, 사회연결망 기법을 활용하여 분석하였다. 분석 결과, 첫째, 일대일로 무역 환경은 제조 허브로서의 중국의 위상을 견고히 하고, 유럽 서비스 산업의 위상을 강화한다. 둘째, 1995년부터 2011년까지 GVC 네트워크 내에서 영향력이 큰 산업인 미국의 R&D 산업과 도소매업 및 독일의 자동차 산업은 미·중 무역 분쟁과 일대일로 무역 환경이 반영된 2049년까지도 그 위상이 안정적으로 유지된다. 셋째, 커뮤니티 수의 증가를 통해 일대일로가 GVC 네트워크의 분화를 심화시킨다는 것을 확인할 수 있다. 끝으로 중국의 전자 산업, 독일의 자동차 산업, 미국의 R&D 산업의 커뮤니티 진화 형태에서 주목할 만한 특성이 발견되는데 이는 각국 서비스 산업의 역량과 밀접하게 연관된다.

Environment Change of Marine Transportation and Inter-related Development of Shipping and Shipbuilding Industries in Korea

  • Lee, Jin-Tae;Lim, Chin-Soo;Kim, Tae-Il;Koh, Chang-Doo
    • Journal of Ship and Ocean Technology
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    • 제11권2호
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    • pp.34-45
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    • 2007
  • Environment of marine transportation market is changing rapidly. Due to globalization of world economy, marine transportation of cargos, especially trade using container boxes, is increasing dramatically. Fierce competition in the global market of container transportation forces the shipping industry to seek the economy of scale to reduce transportation cost, and drives the merge and alliance of liner shipping companies. Mega-sized container ships, having capacity over 10,000 TEU, were introduced, and appeared recently, in order to reduce the unit transportation cost. Korean shipping and shipbuilding companies are competitive, and have considerable market share in the global market. Even though both industries are inter-connected through ships and have many common interests in order to enlarge the global market share, inter-relation between two industries is surprisingly insignificant. In this paper current issues in the process of environmental change of marine cargo transportation are reviewed, and inter-relation of shipping and shipbuilding industries is discussed. Suggestions for inter-related development of Korean shipping and shipbuilding industries are given, and means for mutually beneficial collaboration are suggested.

한방의료 관련 산업의 국민경제적 기여도 및 파급효과 (Input-Output Structure and Economic Effects of Oriental Medicine Industry in Korea)

  • 김진현;임병묵
    • 대한예방한의학회지
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    • 제8권1호
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    • pp.163-186
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    • 2004
  • The purpose of this parer is to identify the input-output structure of oriental medicine and its alternative medicine industries in an inter-industry context and to estimate its forward and backward effects on macroeconomic variables such as production, employment and price level. Input-output tables released by The Bank of Korea were used as data in this research and inter-industry analysis was adopted as research methodology. The industry takes less share of production, price and trade in a Korean economy, compared with other industry. However, the industry's capability of creating value added is estimated to be well above that of other industry and that of making new employments is as more than 4 times as other industries. This result gives us policy implications that the government should enhance its subsidy policy and economic (tax) incentives for oriental medicine and its related alternative medicine industries.

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2018년 네이버 쇼핑의 고용영향 평가 (Employment Effects Evaluation of Naver Shopping in 2018)

  • 김흥규;정연승
    • 산경연구논집
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    • 제10권5호
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    • pp.27-36
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    • 2019
  • Purpose - Naver has emerged as a new leader in the open market. While existing open markets such as Gmarket, 11th Street, and so on are suffering from profitability deterioration, Naver is attracting sellers based on low commission and powerful search engine. We would like to analyze the impact of Naver shopping on the national economy, especially on employment, in a situation where the market reaction to Naver's strength as a leader in online shopping is mixed. Research Design, Data, and Methodology - Through the demand inducing inter-industry analysis, we estimate the employment inducement effect by Naver shopping from its shopping transaction. In turn, through the supply inducing inter-industry analysis, we estimate the employment inducement effect by Naver shopping from its low commission and powerful search engine. For the purpose of inter-industry analysis, as of 2018, the most recently announced 2014 inter-industry table (extension table) from the Bank of Korea is used. Results - The results of this study are as follows. First, Naver Shopping is expected to generate 7.8 trillion won's trade in 2018, resulting in 244,225 of job inducement, and 158,598 of employment inducement. In addition, Naver Shopping is estimated to benefit KRW 213 billion to its sellers due to low commission and powerful search function, resulting in 8,667 of job inducement, and 5,655 of employment inducement. Second, in terms of job inducement and employment inducement due to Naver Shopping's trade, transportation, business support service, information and communication, broadcasting, restaurants and lodging were ranked. Third, in terms of job inducement and employment inducement due to Naver Shopping's low commission and powerful search function, restaurants and hospitality, f/b and cigarette manufacturing, construction, and transportation equipment manufacturing were ranked. Conclusions - The number of job inducement resulting from low commission and powerful search engine of Naver shopping in 2018 was 8,667 (3.7% of 244,225, which was caused by transaction in Naver shopping in 2018), and employment inducement was 5,655 (3.7% of 158,598, which was caused by transaction in Naver shopping in 2018), which can be considered as additional employment impacts of Naver Shopping compared to the other online shopping operators.