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Analytic Hierarchy Process Modelling of Location Competitiveness for a Regional Logistics Distribution Center Serving Northeast Asia Journal of Korea Trade (IF 0.273) Pub Date : 2020-05-31 Si-Hyun Kim, Kwang-Ho Lee, Dal-Won Kang
Purpose - As the global product network expands through both internationalization and diversification of the multimodal transportation system,...
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When Does Auto-Parts Suppliers’ Innovation Reduce Their Dependence on the Automobile Assembler? Journal of Korea Trade (IF 0.273) Pub Date : 2020-05-31 Jihoon Kang, Soonkyoo Choe
Purpose - This study is to investigate the determinants of suppliers??dependence on buyers in the home country by developing a theoretical model of...
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The Chilling Trade Effects of Provisional Anti-dumping Duties: The Case of Korea Journal of Korea Trade (IF 0.273) Pub Date : 2020-05-31 Joo Yeon Sun
Purpose - This study empirically analyzes the effects of provisional anti-dumping duties levied on imports by Korea following anti-dumping...
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Anti-Fraud in International Supply Chain Finance: Focusing on Moneual Case Journal of Korea Trade (IF 0.273) Pub Date : 2020-02-28 Ki-Moon Han, Sae-Woon Park, Sunhae Lee
Purpose – This study analyzes the scope of due diligence and risks of banks and K-Sure in trade finance covered by EFF focusing on Moneual case, one of the latest and biggest trade finance fraud cases in Korea. Also, we suggest anti-fraud measures in trade finance on the part of banks and K-Sure in order to give them a desirable way of due diligence and reasonable risk management of export insurance
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The Effects of Headquarters’ Levels of Control and Subsidiaries’ Local Experiences on Competency in Foreign Subsidiaries: A Quadratic Model Investigation of Korean Multinational Corporations Journal of Korea Trade (IF 0.273) Pub Date : 2020-02-28 Jae-Eun Lee, Joo-Yeon Kang, Jung-Min Park
Purpose – This study aims to overcome the limitations of existing studies, which linearly determine the precedence factors of competency in overseas subsidiaries. The research objectives are as follows. First, what kind of nonlinear effects does the level of control held by Korean headquarters over foreign subsidiaries have in terms of competency in the subsidiaries? Second, what kind of nonlinear
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Legal Bases for the Interpretation of Contract Terms under the UNIDROIT Principles of International Commercial Contracts Journal of Korea Trade (IF 0.273) Pub Date : 2020-02-28 Bong-Chul Kim, Ho Kim, Chong-Seok Shim
Purpose – This paper examines the legal standards for the interpretation of contract terms in the UNIDROIT Principles of International Commercial Contracts (PICC) and the cases thereunder in order to provide academic implication to promoting an appropriate understanding of this topic in practical business. Design/methodology – This article uses the literature research and case study under the PICC
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Determinants of Hedging and their Impact on Firm Value and Risk: After Controlling for Endogeneity Using a Two-stage Analysis Journal of Korea Trade (IF 0.273) Pub Date : 2020-02-28 Sang-Ik Seok, Tae-Hyun Kim, Hoon Cho, Tae-Joong Kim
Purpose – In this study, we investigate determinants of hedging with derivatives and its effect on firm value and firm risk for Korean firms. Design/methodology – To avoid the endogeneity problem pointed out in previous studies, we use a two-stage analysis by using gains and losses from derivatives as instrument variable for hedging with derivatives. Findings – Our analysis on the determinants of hedging
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A Study on the Interrelationship of Trade, Investment and Economic Growth in Myanmar: Policy Implications from South Korea’s Economic Growth Journal of Korea Trade (IF 0.273) Pub Date : 2020-02-28 Thunt Htut Oo, Keon-Hyeong Lee
Purpose – This paper addresses the concepts of FDI-Trade-Growth nexus in Myanmar?셲 economy and empirically investigates the...
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Trade Facilitation for the Products of the Industry 4.0: The case of Customs Classification of Drone Journal of Korea Trade (IF 0.273) Pub Date : 2019-12-31 Ji-Soo Yi, So-Young Moon
Purpose – This paper investigates the implications for facilitating trade in the products of Industry 4.0. To identify the issues caused by the conflicts of policy objectives such as applying the tariff concession under the ITA and imposing the export control, by exploring the case of classification of drones. Design/methodology – We adopted a single case study method to gain a deeper understanding
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Issues of Halal Supply Chain Management: Suggestion for Korean Traders Journal of Korea Trade (IF 0.273) Pub Date : 2019-12-31 Hee-Yul Lee, Hyun-Ju Hwang, Dong-Hwan Kim
Purpose – The purpose of this paper is to suggest countermeasures to reduce the damage of manufacturers in halal industries and to increase the transparency of the halal market along with raising some problems of halal supply chain management (HSCM). Design/methodology/approach – To achieve to the aim of this research, halal supply chain is categorized as a green zone or a red zone according to the
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Effects of Customer Value Proposals on the Service Trade Repurchase Intentions of Sharing-Economy Users Journal of Korea Trade (IF 0.273) Pub Date : 2019-12-31 Woo-Sung Cho, Seung-Gyun Yoo, Ki-Hong Jeon, Chang-Youl Choi
Purpose – This paper finds the repurchase intentions of customers in a sharing economy via Airbnb and Uber, which are classic sharing-economy service businesses. Design/methodology – This paper analyzes sharing economy effects using variables in a structural equation model. Findings – We verified that values have a significant effect on the trust in a platform. We also verified that the effects that
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Human Resource Management and Intra-Industry Trade Journal of Korea Trade (IF 0.273) Pub Date : 2019-12-31 Yang-Seung Lee
Purpose – The purpose of this paper is to develop a tractable general-equilibrium model of examining the impact of human resource management on intra-industry trade. Commonly, managers of Korean firms are promoted internally. It necessitates a study of human resource management and its impact on an industrial equilibrium. Design/methodology – This paper relies on theoretical analysis. We build a model
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Does National Distance Affect Different Industries in Different Ways? A Test of the Ghemawat CAGE Model Journal of Korea Trade (IF 0.273) Pub Date : 2019-11-30 Hak Cho Kim, Jong-Wook Kwon, Zhibin Zhou, Ji Hyun Heo
Purpose – This study empirically investigated whether national distances (Cultural, Administrative, Geographic and Economic distance) have different effects on industries in different ways. Design/methodology – The empirical model utilized industry level export trade data to examine the differentiated effects of each national distance. By using direct measurement and covering 75 countries, this paper
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A Study on Port Improvement with the Activation of Cross-Border E-Commerce: A Study of Pyeongtaek Port Journal of Korea Trade (IF 0.273) Pub Date : 2019-11-30 Hyuk-Jun Choi, Hyun-Jae Jung, Dong-Hyon Lee
Purpose – The purpose of this study is to present what the port of Pyeongtaek, the hub of Korean trade with China, should improve in the current situation, wherein the e-commerce trade volume between Korea and China is increasing due to the development of online technology. Design/methodology – In this study, through prior research and expert interviews on e-commerce and port activation between borders
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The Effects of International Entrepreneurial Orientation and Entrepreneurial Activities on SMEs’ Export Performance Journal of Korea Trade (IF 0.273) Pub Date : 2019-11-30 Sung-Joon Yoo, Hag-Min Kim, Yea-Rim Lee
Purpose – Without question, globalization has presented different opportunities to entrepreneurs seeking to expand their companies in foreign markets. The aim of this study is to examine the relationship between entrepreneurial orientation, entrepreneurial activity, information internalization, and product differentiation in export oriented firms. As such, entrepreneurial activities are divided into
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The Effect of U.S. Protectionist Trade Policy on Foreign Ownership: A Study of Korea’s Data Set Journal of Korea Trade (IF 0.273) Pub Date : 2019-11-30 Hyun-Uk Jung, Tae-Hyoung Mun
Purpose – This study analyzed the effect of the Trump Government’s protectionist trade policies on foreign ownership. Specifically, this study empirically analyzes the hypothesis that foreign ownership will decrease after the Trump Government rather than before the Trump Government. Design/methodology – The hypothesis of this study is based on the expectation that US protection trade policy will negatively
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Capital Outflow Waves in the Korean Economy during Financial Turmoil: Its Implications and Policy Suggestions Journal of Korea Trade (IF 0.273) Pub Date : 2019-11-30 Jae-Hyun Suh
Purpose – This paper investigates whether financial crises could be the indicators of capital outflow waves or vice versa in Korea. Korea has experienced two severe financial crises, which are the Asian Crisis and the global financial crisis. Although there were many variables associated with these two remarkable events, one notable variable was gross capital outflows, which had significantly increased
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The Impact of ICT Goods Imports on Economic Growth: Evidence from Asia-Pacific Countries Journal of Korea Trade (IF 0.273) Pub Date : 2019-11-30 Sang-Chul Yoon
Purpose – This paper empirically investigates the relationship between Information and Communication Technology (ICT) goods imports and economic growth with a focus on the 13 Asia-Pacific economies during 2005-2016. In particular, this paper extends the study by breaking down the data of Asia-Pacific countries into High Income Countries (HICs) and Low Income Countries (LICs) according to the difference
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Assessment of Competitiveness Improvement on Multinational Enterprises based in Korea Journal of Korea Trade (IF 0.273) Pub Date : 2019-11-30 Jae-Kyung Kim, Jun-Hyun Kim, Bong-Soo Lee
Purpose – This study’s the ultimate goal is to analyze competitiveness improvement on multinational enterprises as firstly providing which factors are to strengthen or weaken competitiveness, secondly investigating if hypotheses development and research design is correct and thirdly finding significant implications for research and practices across country specific advantage. Design/methodology – Using
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A Study on the Value Added Criterion of Rules of Origin under FTAs with the US and EU: Focusing on Automotive Sector Journal of Korea Trade (IF 0.273) Pub Date : 2019-10-31 Jae-Wan Chung, Ki-Moon Han
Purpose – This study deals with a strategic plan for meeting the value added criteria effectively, which is one of the methods of determining origin used in preferential trade such as FTA. Automobile products, one of the major Korean export items, were selected to give a practical use against the FTA requirements. Design/methodology – This study is based on the value-added criteria of the Korea-US
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The Relationship of Country Image, ProductCountry Image, and Purchase Intention of Korean Products: Focusing on Differences among Ethnic Groups in South Africa Journal of Korea Trade (IF 0.273) Pub Date : 2019-10-31 You-Kyung Lee, Charles Arthur Robb
Purpose – The purpose of this study is to provide practical implications for Korean companies searching for new market opportunities. From the experimental analysis, the impact of country image on product-country image and purchase intention of Korean products are measured. In addition, this study disaggregates the impacts of country image and product-country image and purchase intention among ethnic
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An Empirical Study on Trade Claim Management from a Relational Perspective Journal of Korea Trade (IF 0.273) Pub Date : 2019-10-31 Cheon Yu
Purpose – This study is designed to provide new insights on trade claim management by typifying trade claims from a relational perspective, which defines trade as an organic combination that exchanges relationships based on a mutual goal instead of conflicts between obligations and rights of the contracting parties. Design/methodology – This is a phenomenological study that aims to typify trade claims
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Study on Corporate Governance in Emerging Markets: A Focus on Compliance of South African and South Korean Listed Companies Journal of Korea Trade (IF 0.273) Pub Date : 2019-10-31 Joseph Kwaku Ahialey, Ho-Jung Kang
Purpose – First, this study contextually examines the governance codes of South Africa and South Korea. Second, it analyzes board features of South African (JSE) Mainboard and South Korean (KRX) KOSPI-listed companies. Design/methodology – This review is qualitative and uses data from the annual reports of the selected markets’ companies, respective exchanges’ official web sites and corporate governance-related
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Detection of Earnings Management as a Measure of Income Smoothing on Fluctuations in Exchange Rates: Managerial Implications for Korean Exporters Journal of Korea Trade (IF 0.273) Pub Date : 2019-10-31 Sang-Hyun Ji
Purpose – Foreign Exchange Rates (FER) have been one of the most significant factors for both Korean exporters and the economy of Korea. The purpose of this study is to evaluate whether exporters with a high level of Exchange Rate Elasticity of Sales (ERES) make the use of earnings management for Income Smoothing (IS). Design/methodology – Income smoothing was obtained using the methodology suggested
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Does Partner Volatility Have Firm Value Relevance? An Empirical Analysis of Strategic Alliances Journal of Korea Trade (IF 0.273) Pub Date : 2019-10-31 Hang-Jin Yang, Si-Hyun Kim, Se-Won Kim, Dal-Won Kang
Purpose – Alliance members have constantly revised market strategies over time by withdrawing membership from a current alliance, joining another alliance, or constructing a new alliance. From the perspective of the signaling effect, the purpose of this study is to analyze the impacts of partner volatility (new member, old member, and new group) on firm value. Design/methodology – To analyze the impact
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Market Power of Genetically Modified Soybeans Traded Between the United States and Korea Journal of Korea Trade (IF 0.273) Pub Date : 2019-10-31 Eun-Ae Son, Song Soo Lim
Purpose – The purpose of this study was to investigate market power of soybeans exported by the United States to Korea. Particularly, this paper considered dichotomous characteristics of genetically modified (GM) soybeans and non-GM soybeans and conducted empirical analysis of these two segregated soybean markets to understand key tenets of market power in international soybean trade. Design/methodology
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International R&D Contest with IPR Coordination and Cost Externality Journal of Korea Trade (IF 0.273) Pub Date : 2019-08-31 Sanghack Lee, Bo-Ra Nam
Purpose – This paper examines the international R&D contest in which the extent of intellectual property right (IPR) affects both the size of prize for the winning firm and the extent of positive spillover through cost of firms. Recognizing the possibility of incomplete protection of IPR, the present paper analyzes the effect of changes in the extent of IPR on payoffs to firms and social welfare. Design/methodology
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The Use of Preferences under the EU - Korea FTA Journal of Korea Trade (IF 0.273) Pub Date : 2019-08-31 Michał Gulczyński, Lars Nilsson
Purpose – This paper describes the use of trade preferences under the EU-Korea free trade agreement (FTA) and empirically examines potential reasons for the less than full use, using data on daily EU imports from Korea at the product level. Design/methodology – We employ a probit model to analyse the relationship between the use of trade preferences on the one hand and variables such as potential duty
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Exports of SMEs against Risk? Theory and Evidence from Foreign Exchange Risk Insurance Schemes in Korea Journal of Korea Trade (IF 0.273) Pub Date : 2019-08-31 Seo-Young Lee
Purpose – This paper examines the effectiveness of the foreign exchange risk insurance system in the promotion of SME exports in Korea. The purpose of this study is to analyze the short-term and longterm responses of SME exports to foreign exchange risk insurance support policies. Based on these empirical studies, we would like to present some operational improvements to the operation of the foreign
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Financial Liberalization, Government Stability, and Currency Crises – Some Evidence from South Korea and Emerging Market Economies Journal of Korea Trade (IF 0.273) Pub Date : 2019-08-31 Eric M. P. Chiu
Purpose – Recent empirical studies have reached mixed results on the effects of financial liberalization and currency crises. We argue that this relationship is likely to depend both on whether controls are primarily on the degrees of financial liberalization and on the stability of the government. Using the disaggregated data on financial liberalization recently developed by Abiad et al (2010) for
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The Effects of Affiliation with Export Service-Providers on Sustainable Competitive Advantage: A Perspective of Small- and Medium-sized Exporters Journal of Korea Trade (IF 0.273) Pub Date : 2019-05-30 Sang Bong An, Han-Mo Oh
Purpose – An appreciable number of small- and medium-sized exporters have continuously succeeded in their export marketplaces even though they do not possess enough resources. Advocating that affiliation with an export service-provider plays an important role in this phenomenon, we aimed to theoretically explain how export service providers’ competences and relational factors drive small- and medium-sized
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Trade Coordination in Free Trade Agreements and Customs Unions Journal of Korea Trade (IF 0.273) Pub Date : 2019-05-30 Sihoon Nahm
Purpose – This paper explains why free trade agreements (FTAs) are more popular than customs unions (CUs) in respect of tariff coordination. Design/methodology – This paper employs an equilibrium theory of trade agreements with tariff coordination. I set up three-country partial equilibrium model with competing exporters. Domestic and exporting firms decide their optimal production under given tariffs
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Internationalization of Brand Biography: Firm Characteristics as Moderators Journal of Korea Trade (IF 0.273) Pub Date : 2019-05-30 Bang-Wool Han, Min-Ho Kim
Purpose – Underdog positioning is often used to evoke a positive attitude when interacting with consumers. However, little research has been conducted on the market competition structure and innovation contexts in which underdog positioning produces the most impact. This research aims to investigate unexplored boundary conditions of underdog positioning and addresses two issues: market structures (oligopoly
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Compliance of Electronic Bill of Lading Regulation in Korea with Model Law on Electronic Transferable Records Journal of Korea Trade (IF 0.273) Pub Date : 2019-05-30 Seok-Beom Choi
Purpose – The UNCITRAL Model Law on Electronic Transferable Records (Model Law) is based on the principles of non-discrimination against the use of electronic means, functional equivalence, and technology neutrality underpinning all UNCITRAL texts on electronic commerce. Investigating the disagreements between the Model Law and the Koran Commercial Act (KC Act), including the B/L Regulation, and suggesting
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Effects of AEO-MRA on the Performance of Exporters and Importers in Korea Journal of Korea Trade (IF 0.273) Pub Date : 2019-05-30 Chang-Bong Kim, Il-Sok Chung, Hye-Young Joo
Purpose – This study analyzes the effect of the authorized economic operator–mutual recognition arrangement (AEO–MRA) on the performance of Korean exporters and importers. The effect of the import–export companies’ characteristics, such as annual sales, the number of foreign markets, and overseas experience, on the AEO–MRA is deduced; the relationship between this effect and firm performance is analyzed
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Location Selection of an LNG Bunkering Port in Korea Journal of Korea Trade (IF 0.273) Pub Date : 2019-04-30 Wen Lu, Jeong-Ho Seo, Gi-Tae Yeo
Purpose - The International Maritime Organization (IMO) has promulgated strict regulations on emissions in the maritime shipping industry. LNG (Liquefied Natural Gas) is, therefore, recognized as the optimal fuel alternative solution. The aim of this study is to select the most suitable location for an LNG bunkering port. This is formulated as a multiple-criteria ranking problem regarding four candidate
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Volatility and Z-Type Jumps of Euro Exchange Rates Using Outlying Weighted Quarticity Statistics in the 2010s Journal of Korea Trade (IF 0.273) Pub Date : 2019-04-30 Chae-Deug Yi
Purpose – This paper examines the recently realized continuous volatility and discrete jumps of US Dollar/Euro returns using the frequency of five minute returns spanning the period from February 2010 through February 2018with periodicity filters. Design/Methodology – This paper adopts the nonparametric estimation. The realized volatility and Realized Outlying Weighted variations show non-Gaussian
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The EU–South Korea FTA: Which Sector Benefits the Most? Journal of Korea Trade (IF 0.273) Pub Date : 2019-04-30 Janik Evert, Jinhwan Oh
Purpose - This study empirically analyzes the effects of the European Union-South Korea Free Trade Agreement on Korean exports in major sectors. Design/Methodology - This study is based on the augmented gravity model with a panel data set covering 51 countries between the years 2000 and 2015. Findings - Main findings of the present study is that the agreement has affected the chemical sector the most
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Research Joint Ventures and Cartels in International Product R&D Journal of Korea Trade (IF 0.273) Pub Date : 2019-04-30 Il-Seok Yang
Purpose – This paper analyzes how Research and Development (R&D) cartelization and Research Joint Ventures (RJV) affect firms that engage in Cournot competition in their product market using a model in which the Home and Foreign firm produce differentiated products and export their total output to a third country’s market. Design/Methodology – In a two-stage game, research expenditures incurred in
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Lead-Lag Relationships between Import Commodity Prices and Freight Rates: The Case of Raw Material Imports of Korea Journal of Korea Trade (IF 0.273) Pub Date : 2019-04-30 Chi-Yeol Kim, Kwang-So Park
Purpose – This study investigates the lead-lag relations between the prices of major commodities imported into Korea and corresponding shipping freight rates. This paper aims to provide implications for cross-market causal relations between related economic segments. Design/Methodology - For economic long-run equilibrium between commodity prices and freights, a Johansen (1988) cointegration test is
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Buyer and Supplier Collaboration Strategy for Development and Production in the Korean Auto Industry Journal of Korea Trade (IF 0.273) Pub Date : 2019-04-30 Tae-Hoon Park, Il-Gwang Kim
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
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Host Country’s Non-economic Factors, Local Managers, and Foreign Affiliate Performance Journal of Korea Trade (IF 0.273) Pub Date : 2019-04-30 Sung Ryong Kim, Seungrae Lee
Purpose - This paper examines the effects of host country’s non-economic factors on foreign affiliate’s financial and operational performance. Design/Methodology - Using Korean-owned foreign affiliate-level data, we employ various measures that represent host country’s non-economic factors and examine their effects on foreign affiliate’s performance. We further investigate the effects of local top
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Reduction clause in an advance payment guarantee (AP-bond) under an overseas construction contract Journal of Korea Trade (IF 0.273) Pub Date : 2019-03-04 Sang Man Kim
The purpose of this paper is to review characteristics and functions of an advance payment guarantee (AP-Bond), and to analyse some legal and practical issues concerning a “reduction clause” in an AP-Bond under an overseas construction contract.,This paper compares relevant provisions of the URDG 758, the UN Convention, the ISP 98, and the FIDIC Silver Book, and also cites relevant case laws of the
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Diversification effect of ship investment funds in South Korea Journal of Korea Trade (IF 0.273) Pub Date : 2019-03-04 Jae-Boong Lee, Su-Han Woo, Jeong Seok Song, Byeongchan Seong, Keun-Sik Park
The purpose of this paper is to examine the diversification effect of the Korean Ship Investment Fund (KSF) under Markowitz portfolio theory by analyzing short-term and long-term relationships with stocks and bonds.,For this purpose, unit root, correlation and cointegration tests are performed. Monthly data from 2004 to 2015 for stocks, bonds and KSFs are obtained for this study.,The correlation coefficients
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The moderating effect of international trade on outside director system in Korean firms Journal of Korea Trade (IF 0.273) Pub Date : 2019-03-04 Yoonsung Nam, Tae-Joong Kim, Wonyong Choi
The purpose of this paper is to investigate the moderating effect of international trade on outside director system in Korean firms. The authors expected that Korean firms highly depending on international trade would mitigate the resource provision function of outside director system in order to reduce information asymmetry among global business partners. In addition, the authors tried to find out
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Exports and job creation in South Korea: industry-level analysis Journal of Korea Trade (IF 0.273) Pub Date : 2019-03-04 Unjung Whang
The Korean manufacturing sector has undergone structural changes in a transition from labor- to capital-intensive industries. These changes seem to be relevant to the weakening of the export effect on employment that began in 1990. In light of the importance of exports in the Korean labor market, the purpose of this paper is to shed light on the primary reasons why export growth does not lead to sufficient
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Does FDI crowd out domestic firms? Micro-level evidence from the Republic of Korea Journal of Korea Trade (IF 0.273) Pub Date : 2018-12-03 Hyelin Choi
This report analyzes the impact of foreign investment on the exit and sales of domestic firms, using 2006-2013 Korean firm-level data. The results show that the crowding-out and market-stealing effects are more severe for small firms. While foreign firms drive small domestic firms out of the domestic market and take away domestic market shares, large firms rather enjoy the spillover effects from foreign
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Accounting of gross exports and tracing foreign values in the global pharmaceutical value chain Journal of Korea Trade (IF 0.273) Pub Date : 2018-12-03 Chang-soo Lee, Mikyung Yun
The purpose of this paper is to document for the first time the vertical specialization structure of the global pharmaceutical value chain.,The paper adopts Wang et al.’s (2013) gross exports decomposition method to trace foreign values in bilateral trade between major pharmaceutical producers, using the 2014 WIOT database.,The paper shows that as in other sectoral value chains, the pharmaceutical
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Trade-employment linkage of FTAs in Korea Journal of Korea Trade (IF 0.273) Pub Date : 2018-12-03 Yong Joon Jang, Mee Jin Cho, HanSung Kim
The purpose of this paper is to empirically examine the link between trade liberalization and employment through the export channel under Korea’s FTAs by distinguish firm heterogeneity (i.e. size) as well as sector-level international competitiveness (i.e. comparative advantage).,Using the firm-level data during 2000–2009, the authors drive the difference-in-difference-in-difference model on Wagner
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Court’s intervention on arbitral tribunal’s jurisdiction Journal of Korea Trade (IF 0.273) Pub Date : 2018-12-03 Eunok Park
Purpose The purpose of this paper is to analyze provisions which are related to court’s intervention over an arbitral tribunal’s jurisdiction under the revised Korean Arbitration Act (2016) and the UNCITRAL Model Law. Design/methodology/approach The author studies a theory about court’s intervention over an arbitral tribunal’s jurisdiction by studying some scholarly writings and compares the revised
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The effects of Paris agreements on Korean economy and trade analyzed by the computational general equilibrium method considering firm’s heterogeneity Journal of Korea Trade (IF 0.273) Pub Date : 2018-09-10 Jae-whak Roh, Hyunjae Kim
Purpose During the Paris Convention, Korean Government made commitment to curb carbon emission by 37 percent by the year of 2030. Since then there has been constant debate, both in media and academia, as to whether attempts to reduce carbon emission would spell the concomitant economic slowdown. The purpose of this paper is to build a Computable General Equilibrium (CGE) model to see the effects of
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Tariff barriers and industrial spillover effects Journal of Korea Trade (IF 0.273) Pub Date : 2018-09-10 Jong Woo Kang, Suzette Dagli
The purpose of this paper is to demonstrate that higher tariffs under protectionism will have significant indirect impact through industrial forward and backward linkages, causing greater economic losses to tariff-imposing economies than to exporting countries.,The authors use partial equilibrium analysis based on unique multi-regional input-output (IO) data in measuring the second-round spillover
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Diffusion of New Protectionism and Trade Policies of Major Countries in Asia Journal of Korea Trade (IF 0.273) Pub Date : 2018-07-13 Inkyo Cheong
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Technology adoption and company performance Journal of Korea Trade (IF 0.273) Pub Date : 2018-06-04 Yeong-Wha Sawng, Yongjae Park, Seok-Hong Jo, Seung-Lak Park
The purpose of this paper is to provide useful implications for Korean export companies to adopt the smart technology to improve their performance in the era of industrial convergence with the interdisciplinary study between trade and technology management.,This study followed the five-stage procedure and methods. In the first stage, measurement items were developed in four performance factors: leaning
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Exploring consumer attitudes and purchasing intentions of cross-border online shopping in Korea Journal of Korea Trade (IF 0.273) Pub Date : 2018-06-04 Bangwool Han, Minho Kim, Jaehoon Lee
Using the theory of planned behavior as its basis, the purpose of this paper is to investigate the relationships among beliefs about electronic service quality (E-S-QUAL); consumers’ need for uniqueness (CNFU); and beliefs about perceived behavioral control, expectations of important others, and cross-border online purchasing behavioral intention. The effects of E-S-QUAL and CNFU on attitude are examined
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Institutional quality and trade in intermediate goods Journal of Korea Trade (IF 0.273) Pub Date : 2018-06-04 Hea-Jung Hyun
Purpose Recently published studies stress the importance of trade in intermediate goods. The literature on determinants of trade, however, have largely focused on the sources of comparative advantage in determining aggregate trade flows rather than trade in intermediate goods. The purpose of this paper is to examine the role of institutional quality and trade costs to explain the determinants of trade
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The effects of conventional and unconventional FDI on the host country Journal of Korea Trade (IF 0.273) Pub Date : 2018-06-04 Jimmyn Parc, Jin Sup Jung
The purpose of this paper is to analyze and compare the effects of conventional and unconventional FDI on the host country in a more comprehensive and systematic way.,Both the OLI paradigm and the imbalance theory are linked to the diamond model in order to compare the effects of conventional and unconventional FDI on the host country. This methodology is then applied to the real world as a case study
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Servicization with Skill Premium in the Digital Economy Journal of Korea Trade (IF 0.273) Pub Date : 2018-03-05 Sang-Chul Yoon
Purpose The purpose of this paper is to examine an endogenous growth model, as a component of a broader study of servicization with skill premium and its policy implications in the evolving digital economy. Design/methodology/approach This paper develops a two-sector endogenous growth model which allows for the observed characteristics of digitally empowered structural changes. Specifically, the driving
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A Study on the Changes of Agricultural Import structure according to implementation of FTAs in South Korea Journal of Korea Trade (IF 0.273) Pub Date : 2018-03-05 Seongtae Ji, JeongHo Yoo
South Korea has signed and implemented 15 free trade agreements (FTAs) with 52 countries. More than 80 percent of imports of agricultural products came from FTA partner countries in 2015. We can say that South Korea entered the era of an opening in agricultural import sector. It means that FTA is an important factor in causing changes in agricultural imports. As a result of the implementation of the
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Trade Intensity and Business Cycle Synchronization: A Reappraisal using Value-Added Trade Data Journal of Korea Trade (IF 0.273) Pub Date : 2018-03-05 Jong Kyou Jeon
Purpose The purpose of this paper is to examine the relationship between trade integration and intra-regional business cycle synchronization using value-added trade data. Most empirical studies analyzing the relationship between trade integration and business cycle synchronization use gross trade data which suffer from double-counting. Double-counting distorts the empirical results on the estimated