• Proceedings of the Korean Institute of Navigation and Port Research Conference
• /
• v.1
• /
• pp.441-446
• /
• 2006

The world economy has came into unlimited competition with globalization since 1990. Opening markets to the world is in progress through the expansion of world free trade and internationalization of multinational enterprises. In the maritime transportation for world trade, shipping companies pursue "Hub & Spoke" strategy so a port which is not able to be located as a hub port is degraded as a feeder port. To attract shipping companies, it is necessary for existing ports to provide differentiated service. This paper devises marketing strategies for a competitive port after evaluating relation among the factors affecting port selection when a shipping company chooses a port of call. On the basis of determinants derived from existing researches, we study the relation as well as importance among the factors of port selection.

• International Commerce and Information Review
• /
• v.15 no.2
• /
• pp.345-364
• /
• 2013

This paper analyzed the Trade Structure of environmental industry in Korea and some major countries in preparation for The Doha Development Agenda (DDA) Trade Liberalization Negotiation in the environmental goods. Based on 161 environmental goods list proposed by OECD, this paper examined the Trade Returns of worldwide environmental goods during the past 10 years from 2002 to 2011. The analysis showed that Korean environmental goods' International Market Share(IMS) in the world was 3.2%; trade specialization index(TSI) -0.128; Revealed Comparative Advantage(RCA) 1.002 in 2011. And Korea Export Similarity Index(ESI) to Japan was the highest rank in the world market. According to the results of investigation, it is clear that International Competitiveness of the Korean Environmental Industry was received a relatively poor evaluation compared with Korean trade scale. To strengthen the competitiveness, it is required that Korean government should make an effort to boost domestic environmental industry and promote systematically Trade Liberalization Negotiation including the enforcement of transient period for Korean environmental goods in the next DDA Negotiation.

• Environmental and Resource Economics Review
• /
• v.19 no.2
• /
• pp.341-360
• /
• 2010

The goal of this study is to forecast the scales of seaborne trade of iron ore and coal. It is assumed that the seaborne trade of iron ore is the function of two independent variables(crude steel production, world GDP) and the seaborne trade of coal is the function of two independent variables(crude steel production, world electricity generation). The result shows that the regressions of two functions are statistically significant respectively. As the results of forecasting, the seaborne trade of iron ore in 2010 may be 892 million tons which is increased 5.1% compare to the level of 2009. Also the seaborne trade of coal in 2010 may be 827 million tons which is increased 6.1% compare to the level of 2009. In terms of the compound annual growth rate, it is forecasted that the iron ore may show 4.7% of increasing rate from 2009 to 2015 and the seaborne trade of coal may be increased 6.1% annually for the same period.

• International Area Studies Review
• /
• v.14 no.3
• /
• pp.109-130
• /
• 2010

The service sector comprises two thirds of world GDP in 2005 and takes 20% of the world trade. As the technologies such as telecommunication technologies advance, the long-distance trades in services is expected to increase. But there are few empirical research on the flows of services between regions. This paper studies the pattern of flows of long-distance trades in services across the regions. Since it is very hard to collect reliable data on long-distance trade in services, we collect data from regional input-output tables of Korea. The results shows that the hard service which can be consumed spatially separated from production tends to have more long-distance trade than the soft service which is consumed simultaneously with production. It also shows that regional gross domestic production is important factor for the pattern of trades in services.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
• /
• v.52
• /
• pp.97-118
• /
• 2011

85% of South Korea's gross domestic product(GDP) depends on trade. Exports amount in 2011 exceeds $ 5,000Billion. Korea is expected to achieve $ 1 trillion in total trade volume and will become finally the ninth in the world. We do not have a lot of natural resources and are bound to export the finished products to pursue economic development. In other words, trade sector is very essential for Korea to continue economic growth. The department of trade in universities have brought up the concerned students serving for trade sectors. Currently, "half-price tuition" in universities has become very controversial issue in Korea so this paper studies the efficiency of "the Department" because the universities may reconsider the adjustment of tuition fee, if they can enhance the efficiency level. DEA model is used for the analysis. As a result, 8 DMUs like KAN1, KEI5, BAE10 etc. show relatively higher efficiency levels.

• International Commerce and Information Review
• /
• v.11 no.2
• /
• pp.259-279
• /
• 2009

Recently, FTA is quickly spreading out all over the world. In Korea, roles of trade in the economy are significantly important. Therefore, in order to adapt quickly to changed international trade environment, FTA negotiation and its agreements have been accelerated. In Korea, the trade deficit is expected to continue in telecommunications services sector. Meanwhile, pressures to open the market have been intensified in telecommunications services at WTO and FTA negotiations. Therefore, in the middle of opening the market, the expansion plans to increase the competitiveness of our telecommunications services are required to be searched. Thus, in this paper, we reviewed the Korea trade policy status related to telecommunications services based on realistic situation. Also, after reviewing the trade issues which are raised in the WTO and FTA negotiations, the major issues in WTO and FTA were driven to the lessons.

• International Commerce and Information Review
• /
• v.12 no.4
• /
• pp.111-126
• /
• 2010

This paper provides an empirical investigation of the determinants of current accounts utilizing an exchange rate (ER), terms of trade (NET), industrial activity (IPI), world import volume (WIM), trade share of the China and Japan (CHJP), proportion of service trade (SERV). The period examined is 1991:1 through 2010:2. It is tested under different cases such as whether variables were cointegrated and whether there was an equilibrium relationship. The result showed that the hypothesis of no cointegrated vector could be rejected at the 5 percent level. The estimated error correction model showed that adjustment speed is fast. This paper also applies impulse-response functions to get additional information by considering the responses of the current account to the shocks of economic variables. The results indicate that current account responds negatively to industrial activity and proportion of service trade, and then decays very quickly.

• International Commerce and Information Review
• /
• v.10 no.1
• /
• pp.415-435
• /
• 2008

The Trade Incubator Program at the Korean Universities bridges the gap between traditional industry world and education by offering a unique curriculum to a select group of highly qualified undergraduate students. Working closely with its corporate partners, the TI Program grooms the best and the brightest to be tomorrow's leaders and experts in international trade. There are several implications to improve the process of institutional cooperation with the author's 6 years experience. This paper covers the solution of the problems in the course of collaboration with corporate partners, including the local governments.

• THE INTERNATIONAL COMMERCE & LAW REVIEW
• /
• v.63
• /
• pp.261-282
• /
• 2014

A Silk Road was connecting East and West with trade route. The role From the ancient, Silk Road is situated in the Central Asia such as Kazakhstan, thus logistics sector was important more than others. This theme is the study of the Export Competitiveness of Korea-Kazakhstan trade. This paper analyses between Korea and Kazakhstan's trade used by TSI(trade specification index), IITI(intra-industry trade index) and CTBI(contribution to trade balance index). The World Bank is already addressing Kazakhstan's logistics inefficiencies is the lowest tier. Thus, Kazakhstan governments should encourage efficiency in Logistic parts. And more Korea is supporting to decrease Logistic cost.

• International Commerce and Information Review
• /
• v.6 no.2
• /
• pp.3-12
• /
• 2004

A large number of Chinese trade marks and domain names have been registered improperly or illegally by foreign companies or businessmen. Additionally, a large number of famous Chinese brands have vanished through joint ventures, mergers and acquisitions since foreign direct investment (FDI) came to China more than two decades ago because some Chinese managers have not been fully aware of the value of trade marks and domain names. Consequently, the number of China's registered trade marks and famous brands does not match China's export volume and its Number four trade status in the world. China's enterprises have yet to realize the effects of these events. It is very important for China to protect and cultivate its own famous brands. This paper discusses Chinese companies' neglect of the value of their trade marks and domain names, and the possible consequences. Additionally, this paper puts forward suggestions concerning the protection and cultivation of China's famous brands.