This paper analyzes how the current Global Value Chain (GVC) of East Asia has been established, and attempts to project the future trajectory of GVC under New Normal in the global trading system. For this purpose, the framework of Ideology-TechnologyInstitution nexus is presented with focus on...

This paper studied the effects of anti-dumping measures on the imports to investigate whether the trade restriction effect of an anti-dumping duty is dominant. Our results indicate that a 1% increase in the anti-dumping duties decreases the import of the targeted product by about 0.43~0.51%. The...

Amid a general rise in protectionism and a trade war between the world's two largest economies, this paper analyzes changes in gains from trade for the world over a decade marked by rapid global economic integration preceding the global financial crisis of 2007-08. It employs state-of-the-art...

A consequence of global trade liberalization is that domestic regulatory policies have become a focal point for efforts to reduce the costs of engaging in cross-border production and exchange. This article discusses the general challenges of reducing trade frictions created by regulatory...

Our paper contributes to existing literature by empirically investigate the trade structure and trade performance between Korea and ASEAN. Overall, trade activities between Korea and almost major ASEAN economies have significantly focused on capital goods, medium and high technology goods, while...

East Asia, for long the epitome of successful engagement in trade, faces serious challenges: technological change that may threaten the very model of labor intensive industrialization and a backlash against globalization that may reduce access to important markets. The analysis in this article...

This paper documents the presence of "sensitive sectors" in Free Trade Agreements, defined as sectors for which the within-FTA tariffs remain positive. The paper includes some brief theoretical discussion of the welfare implications of these, but the main emphasis is on reporting two measures of...

Korean Abstract: 국제무역의 품목별 구조에서 나타난 한국, 중국, 일본 등 동북아시아 삼국간 경쟁 및 보완적 관계를 살펴보고, 특히 무역상응지수(trade conformity index)를 이용하여 한국과의 수출입을 중심으로 동북아시아...

Korean Abstract: 본 연구의 목적은 FTA의 체결이 회원국간의 경제수준격차를 수렴시키는지 발산시키는지의 여부를 분석하는 것이다. 기존의 유사연구들은 FTA회원국간 경제수렴의 가능성을 어느 정도 예측하고 있으나 정확한...

Korean Abstract: 본 연구의 목적은 '중력모형'을 토대로 우리나라의 교역패턴을 실증적으로 분석하고 양국간 교역규모를 결정하는 구체적 요인을 규명함으로써 교역규모를 더욱 확대시킬 수 있는 방안을 모색하고자 하는...