Search

This study aims to examine the trend of industrial competition between the US and China, which is the most crucial determinant in the future development of the global economy. For decades, the global economy has strengthened the global production network based on the division of labor between countries. Thus, the ripple effect of competition between the two countries should be analyzed in terms of the global production network. Therefore, this study uses the product space model, which explains the development process of industries with comparative advantage by country. We constructed the model based on the products of HS 4-digit code for the 2010-2019 period. The analysis results on the trend of the industrial competitiveness of major countries are as follows. First, the current industrial competitiveness of China is concentrated on low-tech industries. In the case of high-tech items, China shows a tendency of lower export sophistication compared to major manufacturing powerhouses such as Germany, the US, Japan, and Korea. Second, with respect to the possibility of a future industrial structure upgrade evaluated by density, the trend of China overtaking other manufacturing powerhouses is observed. As implied by the product space model, the advancement of the industrial structure through active participation in international trade enhances the industrial competitiveness. Therefore, the outcome of US-China industrial competition depends on who ensures more openness and industrial complexity. [ABSTRACT FROM AUTHOR]

This article analyzes an intermodal transportation network for international container cargoes in Korea. The actual transportation situation in Korea is formulated by a linear programming model. The model is validated first by comparing the model output with actual performance, and then the model is extended by incorporating various externalities arising from inland transport modes such as air pollution, congestion, accidents, noise pollution, and wear and tear. Moreover, the model is extended for assessing the effects of complying with carbon taxation and emission trading schemes, which loom large in international shipping communities. Test results of the models using the data obtained from reliable sources are presented and policy directions are discussed from an environmental perspective. [ABSTRACT FROM AUTHOR]

This paper considers a multimodal transportation problem, which is the problem of determining the transportation flow, i.e. volume of container cargoes, and the transportation mode in each trade route, for the objective of minimizing the sum of shipping and inland transportation costs. The problem takes account of two restrictions: maximum cargo volumes capacitated at each seaport and maximum number of vehicles available at each transportation mode. To solve optimally the problem, this paper employs a mixed integer programming, which is an operations research technique. A case study is performed on the container cargo data in Korea and we draw several implications to improve efficiency in the transportation of international trade cargoes in Korea. [ABSTRACT FROM AUTHOR]