As digital trade expands worldwide, the importance of policy factors in digital trade is also garnering attention. However, the effectiveness of digital trade-related policies on digital trade flow is empirically under-investigated because of challenging data requirements. To overcome this, we...

This study provides a conceptual framework to explain what kinds of difficulties a late-follower will suffer from when it tries to join pre-existing International Production Networks (IPNs). We consider the total production cost minimization problem by a multinational company (MNC) in allocating...

This study provides a conceptual framework to explain what kinds of difficulties a late-follower will suffer from when it tries to join pre-existing International Production Networks (IPNs). We consider the total production cost minimization problem by a multinational company (MNC) in allocating...

On June 25, 2013, President Barack Obama of the United States announced his Climate Change Action Plan, listing the specific policy measures regarding one of the top-priority issues of his second term. One of the measures is initiating a trade negotiation on environmental goods, suggesting that...

In the full recognition of seriousness of climate change problems, Korea an-nounced a new policy towards greening its economy. In his address marking the 60th anniversary of Korea’s foundation in 2008, President Lee Myung-bak declared ‘Low Carbon Green Growth’ as the country’s new vision...

This article further develops a framework of Brander and Spencer (1984) by adding Border Carbon Adjustments (BCA) to compensate for cost differences caused by emissions reduction among countries. On a level playing field, BCA is one-directional in that only a country with a more stringent carbon...

제2차 세계대전 이후부터 지금까지 꾸준한 성장을 이어온 국제교역은 세계 GDP의 25%를 차지 할 만큼 경제발전에 긍정적인 영향을 주었지만, 동시에 세계 이산화탄소 배출량의 약 21.5%가 국제무역에 의해 발생한다는 점에서...

Korean Abstract: 그린뉴딜은 탄소중립 달성을 위한 환경정책이자 경제성장을 위한 재정정책이다. 이에 대하여 통상정책적 시각과 접근이 필요한 이유는 그린뉴딜이 추구하는 탄소중립과 경제성장이 다자체제와...

This study focuses on Korea’s Green New Deal policy and global response measures to climate change that affect international trade. A trade policy perspective and approach have been applied while reviewing the carbon-neutral policy pursued by the Green New Deal. We attempted through an...

This paper examines how the welfare implication of the "most-favored-nation" (MFN) principle has changed as the trade agreement mode has shifted from the "one-shot-multilateral-trade-agreement" to "sequential-bilateral-trade-agreements.'' In particular, it emphasizes that the MFN principle works...