• Title/Summary/Keyword: trade cooperation

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An Analysis of Consumer Expenditure Patterns according to Household Characteristics (가구특성에 따른 소비지출행태 분석)

  • Park, Moonsoo;Chong, Hogun;Koh, Daeyoung;Lee, Kyung-Hee
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.15 no.9
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    • pp.5564-5577
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    • 2014
  • This study examined how the differences in household characteristics influence consumer expenditure patterns. The Price-Scaling AIDS model with household income and expenditure survey data were used for the analysis. The results showed that the income elasticity of the service items is greater than non-service items, indicating an increase in higher demand of service items with the same increase in household income. The household expenditure patterns vary according to the commodities, holding age and income level. The so-called traditional pattern, which emphasizes spending for non-service items, changed to the one with a higher expenditure ratio for service items. Such a change in household expenditure patterns naturally derives the expansion of the relevant service market; hence, the growth of the related service industry. This highlights the need to formulate an appropriate response from the supply side that deals with the changes in the service market.

Industrial Relations Comparison between Korea and U.K. (한국과 영국의 노사관계 비교)

  • Jung, Cho-See
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.11 no.8
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    • pp.2860-2867
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    • 2010
  • In this research, I tried to make a comparative study of ideological characteristics of Industrial Relations between Korea and U.K., based on the presupposition that ideologies of Industrial Relations' Actors played an important role in Industrial Relations. U.K. have a voluntary and pluralistic ideological tradition of Industrial Relations, therefore U.K. is very rational to adjust and integrate different ideologies of actors. Meanwhile Korea have unrealistic, exclusive and rigid ideologies, therefore these have played a important role in worsening labor-management conflicts. For example strikes frequencies and workers involved in strikes are relatively few, but Workdays Lost due to strikes are very severe because of long strike durations, compared to U.K. Consequently national economic loss due to strikes has been severe. Korea trade unions are various and poor, but at the same time not mutual understanding in ideologies. Therefore from the viewpoint that strength in U.K.'s Industrial Relations stands on the power of adjusting different ideologies, we have to diminish the disparities between ideologies and realities of Industrial Relations through public discussion.

An Empirical Study on Evaluation of Agricultural Machinery Expo Using IPA Analysis (IPA 분석을 통한 농기계박람회 평가에 관한 실증연구)

  • Kwon, Se-In;Yang, Jong-Gon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.18 no.5
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    • pp.681-691
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    • 2017
  • This empirical study evaluated the 2016 Cheonan KIEMSTA(Korea International Exhibition of Machinery, Equipment, Science and Technology for Agriculture) based on an exhibitor's view. A total of 15 items of importance and performance were selected and 4 quadrants were analyzed for further analysis. The results revealed the following significant factors:concentration region with generating sales, exploring market opportunities in a new region, and meeting key decision makers; the Overkill region with collecting information regarding thecompetitor's product, demonstrating thecompany's capability, increasing staff's trade show experience, and training the sales teams; Low priority region with discovering new products, exploring export opportunities in a foreign market, and gaining an edge over competitors who are not exhibiting; and Keep up the work region bymaintaining relationships with existing customers, collecting market information, benchmarking competitor's position, introducing new product, and motivating sales people.

The Effect of Logistics Company Strategies and Logistics Cooperation on Business Performance (물류기업의 전략과 물류공동화가 경영성과에 미치는 영향)

  • Yang-Il Cho
    • Korea Trade Review
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    • v.48 no.4
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    • pp.263-283
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    • 2023
  • Companies must strengthen core competencies by concentrating resources to secure a competitive edge and operate efficient processes from a company-wide perspective. To this end, it is seeking to concentrate its capabilities and reduce costs by pooling non-essential tasks or facilities that require a lot of time and capital at a strategic level. Therefore, logistics companies should actively utilize logistics coorperate system in order to maximize the use of logistics resources according to the limitations of human resources, physical resources, and time. This study is an empirical analysis of the strategy of logistics companies and the impact of logistics coorperate on corporate performance, and a survey and analysis was conducted on domestic logistics companies. The results of the empirical analysis showed that the cost·relationship·information-oriented strategy of logistics has a positive(+) effect on the financial·operation·strategic performance indicators of companies through logistics coorperate. The results derived from this paper will be used as an important determining factor in establishing a logistics strategy and logistics coorperate to improve the performance of logistics companies and logistics service companies.

Impacts of Buyer-Supplier Cooperation on Trust and Performance: Moderating Role of Governance Mechanism (구매자와 공급자 간 협력활동이 신뢰 및 성과에 미치는 영향: 거버넌스의 조절효과를 중심으로)

  • Kim, Kyung-Tae;Hui, Liang;Lee, Jung-Seung
    • Journal of Distribution Science
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    • v.14 no.8
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    • pp.113-121
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    • 2016
  • Purpose - This paper aims to examine the impact of buyer-supplier cooperation on suppliers' trust on buyers and the moderating role of buyers' governance mechanism between the sharing activities and trust. Research design, data, and methodology - An integrated research model is designed to materialize the research hypotheses. First, the impact of buyer-supplier cooperation is empirically analyzed by looking into how the sharing activities, in the field of information, resource, and knowledge, of buyer with supplier will affect the trust of supplier on buyer. Second, the moderating effect of contract-based governance mechanism of buyer is empirically analyzed. Third, the influence of trust on innovation performance of suppler is empirically analyzed. Results - Our findings provide supporting evidence for some of our hypotheses. First, all of the sharing activities are significantly influential, but in different degree, to trust of supplier. Second, contract-based governance mechanism of buyer have a moderating effect on the relationship between sharing activities and trust, positively in resource-sharing activities, negatively in information-sharing activities, not significant in knowledge-sharing activities. Third, supplier's trust on buyer positively affects supplier's own innovation performance. Conclusions - The strategies applied in supply chain management have become important as the competition among firms has shifted from competition between individual firms to competition between supply chains. A customer's sharing activities with its supplier may contribute to an increase in innovation performance. The supplier's information-sharing activity with its customer could affect its information-sharing activities with its main supplier. Cooperative activity with a partner in the supply chain is cultivated and amassed into relationship knowledge, and this study shows that the cooperative relational knowledge related to information-sharing activities enables firms to participate in sharing activities with their main suppliers. Increasing evidence shows that sharing various activities between buyer and supplier improves trust and performance outcomes, and enables firms to maintain competitive advantage. From the perspective of knowledge theory, external knowledge is becoming more important in firms' innovation activities, because innovative knowledge is acquired primarily through interaction with another organization. In addition, relationship learning could be an important tool in absorbing the supplier's core technology, information, expertise, and core competencies, increasing relational value.

Strategic Plans to Increase Cooperation between Korean and Chinese Logistics Industries in Port Regions: Focused on Case Study in Shandong Province (한.중 항만지역 물류산업 협력 증대방안 연구 : 산둥성 사례연구를 중심으로)

  • Lim, Youngtae;Choi, Changho
    • Journal of Korea Port Economic Association
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    • v.30 no.4
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    • pp.29-46
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    • 2014
  • Nowadays the trade volume between Korea and China is rapidly increasing. With the current trend in mind, this study aims to seek strategic plans for increasing cooperation between Korean and Chinese logistics industries. The plans are especially centered around port regions, since ports are responsible for most of the trade volume between the two nations. As for the method, a case study was carried out in capital area ports in Korea and Shandong Province port regions of Bohai Economic Rim in China to address the problems and propose strategic plans to promote cooperation between the two nation's logistics industries, specifically with port regions as the center. The results showed that in increasing cooperation between Korean and Chinese logistics industries, the most important factor is for the two governments to put effort in solving the problems arising in port areas. Moreover, Korean government should strengthen its support to Korean companies in Chinese port areas as well as exert effort in multilateral ways such as system improvement and facility investment for capital area ports so as to gain competitive edge against China. This study contributes to the existing literature in that it applies suggested cooperative strategies for Korea-China logistics industry from previous studies to port regions as the focus, and it also sheds new light on institutions located in port areas through in-depth interview.

Evaluation and Developmental Direction for International Maritime Security Cooperation (Maritime Security Cooperation in the Malacca Strate and adjioning seas of Somalia as centered) (국제해양안보협력의 평가와 발전방향 (소말리아 근해와 말라카 해협의 해적대응을 위한 해양안보협력을 중심으로))

  • Park, Eung-Soo;Ko, Kwang-Soop
    • Proceedings of the Korean Institute of Information and Commucation Sciences Conference
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    • 2010.10a
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    • pp.303-310
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    • 2010
  • Today, about 98% of the international trade which leads the global economy is conducted at seas. This situation shows that maritime security is a key component for the stable development not only for international economy but also for the international security. Further, it suggests that the international society have reached to the stage that needs to fundamentally evaluate issues of the international maritime security cooperation and make further development. However, the international cooperation might not be an easy task to achieve because each nation faces different maritime security issues and maritime security cooperations require massive manpower and budgets due to diverse types of threats. Therefore, this paper analyzes status and issues of maritime security cooperation in vicinity of Malacca Strait and Somalian seas as key SLOCs for international economy. Based on this analysis, this paper aims to contribute to improve stability for the international economy by suggesting directions for the further development.

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The Future Tasks for Reorganization of International Fisheries Order between Korea, China and Japan in Northeast Asian Seas (동북아 수역의 신 어업질서 성립과 향후 과제)

  • Kim, Dae Young
    • Ocean policy research
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    • v.33 no.2
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    • pp.57-82
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    • 2018
  • This study aimed to review the reorganization of fisheries and the future tasks in accordance with the establishment of new fishery order in the Northeast Asian Seas. As the United Nations Convention on the Law of the Sea, which recognized the sovereign rights of Coastal States in a 200-nautical mile exclusive economic zone (EEZ), entered into force in 1994, the three countries of Korea, China and Japan ratified the United Nations Convention on the Law of the Sea in 1996 and started negotiations to establish a new fishery order consistent with the EEZ system. However, a conflict of interest occurred because of differences in fisheries between countries, negotiations many times have proceeded, resulting in the signing of fishery agreement between China and Japan in 1997, Korea and Japan in 1998, and Korea and China in 2000. Each fishery arrangement consists of a dual system of EEZ and provisional waters (middle waters, provisional waters). The two countries are engaged in mutual fishing based on coastal states in EEZ, and in the fishing operation under the principle of flag state in provisional waters. There are overlapping or ambiguous jurisdictions in the intermediate waters and provisional waters that are jointly available to both fisheries. The presence of these seas is a challenge to the establishment of a reasonable international fisheries management system for the entire Northeast Asian Seas. In this context, the challenges of the reorganization of the new fisheries order are as follows: 1) conversion to a fishery order for coexistence of fisheries, 2) expansion to an international fishery management system, and 3) establishment of a multilateral fishery cooperation system. Although the jurisdiction of their own waters has been expanded through the establishment of EEZ according to new fishery order, the need for mutual cooperation grows when considering the movement and migration of fishery resources, fishery management, fish consumption and trade. In addition to the fisheries cooperation between the governments, it is also necessary to revitalize the civil cooperation focused on fishermen who exploit fishing grounds together.

Strategy for South Korea-Vietnamese Military Cooperation in the field of defense (한(韓)·베트남 군사협력 추진전략 : 방산분야를 중심으로)

  • Lee, Kang Kyong
    • Convergence Security Journal
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    • v.18 no.3
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    • pp.105-112
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    • 2018
  • South Korea and Vietnam have been engaged in extensive political, economic and cultural exchanges since the establishment of diplomaticties in 1992. In March 2018, Moon Jae-in, President of South Korea, made an official visit to Vietnam, a key partner of the New Southern Policy and discussed comprehensive cooperation measures, including expanding trade volume and measures to establish peace on the Korean Peninsula. At the defense ministers' meeting held in April 2018, the two countries signed a joint defense and defense cooperation statement, which included promotion of maritime security, defense cooperation, UN PKO activities, excavation of remains, and joint military cooperation. Currently, Vietnam is facing territorial disputes with China over the South China Sea, and is stepping up military modernization and military buildup to counter this. In particular, Vietnam is strengthening its external military cooperation beyond ideology with the U.S., Russia, India and France to strengthen its maritime power. Against this backdrop, the bilateral cooperation between South Korea and Vietnam needs to expand beyond the traditional economic and cultural exchanges to military cooperation. The study aims to review the relationship between South Korea and Vietnam on the 26th anniversary of the normalization of diplomaticties and seek ways to develop military cooperation with Vietnam, which has grown to the next China. To that end, it analyzed Vietnam's security environment and military strategy and presented strategies for promoting military cooperation focusing on defense areas.

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Economic Development, Globalization, Political Risk and CO2 Emission: The Case of Vietnam

  • VU, Thi Van;HUANG, De Chun
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.12
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    • pp.21-31
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    • 2020
  • This study investigates the dynamic effects of economic development, international cooperation, electricity consumption, and political risk on the escalation of CO2 emission in Vietnam. We adopted autoregressive distributed lag model and Granger causality method to examine the interaction between CO2 and various economic and political factors, including foreign direct investment, trade openness, economic growth, manufacture, electricity consumption, and political risk in Vietnam since the economic revolution in 1986. The findings reflect opposite influence between these factors and the level of CO2 in the intermediate and long-term durations. Accordingly, foreign direct investment and CO2 emission have a bidirectional relationship, in which foreign direct investment accelerates short-term CO2 emission, but reduces it in the long run through an interactive mechanism. Moreover, economic development increases the volume of CO2 emission in both short and long run. There was also evidence that political risk has a negative effect on the environment. Overall, the findings confirm lasting negative environmental effects of economic growth, trade liberalization, and increased electricity consumption. These factors, with Granger causality, mutually affect the escalation of CO2 in Vietnam. In order to control the level of CO2, more efforts are required to improve administrative transparency, attract high-quality foreign investment, and decouple the environment from economic development.