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Special Graduate Schools
Graduate School of International Studies
Department of International Trade
International Trade
3. Theses(Master)
Evaluation of The Potential Trade Between South Korea And Paraguay "An Economic Partial Equilibrium Approach"
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.advisor | HeeGab Choi | - |
| dc.contributor.author | Dominquez Torres, Raul Orlando | - |
| dc.date.accessioned | 2018-11-08T07:08:25Z | - |
| dc.date.available | 2018-11-08T07:08:25Z | - |
| dc.date.issued | 2008-12 | - |
| dc.identifier.other | 9896 | - |
| dc.identifier.uri | https://dspace.ajou.ac.kr/handle/2018.oak/5244 | - |
| dc.description | 학위논문(석사)----아주대학교 국제대학원--국제통상학과,2008.12 | - |
| dc.description.tableofcontents | LIST OF CONTENTS LIST OF FIGURES 3 LIST OF TABLES 3 LIST OF FIGURES IN STATISTICAL ANNEX 4 LIST OF TABLES IN STATISTICAL ANNEX 4 ACKNOWLEDGEMENTS 5 CONTRACTIONS 6 1. INTRODUCTION 7 2. THEORETICAL FRAMEWORK 9 2.1- Formal description of the Viner Model 13 2.2- Mathematical explanation of the Viner Model 17 2.2.1- Trade Diversion 17 2.2.2- Trade Creation 21 2.2.3- Customs Unions (CU) 22 3. ECONOMIC ENVIRONMENT AND TRADE POLICY 24 3.1- Republic of Korea 24 3.1.1- Macroeconomic Overview 24 3.1.2- Trade Policy and Development 25 3.2- MERCOSUR (South Common Market) 30 3.2.1- Macroeconomic Overview 30 3.2.2 Trade Policy and Development 34 4- OVERALL TRADE OF PARAGUAY AND ITS PROSPECTS 42 4.1 Trade Performance and Main Products Traded 42 4.1.1- Trade Openness Index (TOI) 49 4.2- Intra ？Extra MERCOSUR Trade and Main Commercial Partners 53 4.2.1- Regional Export Quota (REQ) 66 4.2.2- Import Penetration Coefficient (IPC) 68 4.3- Bilateral Trade Relations between Paraguay and South Korea 68 4.3.1- Revealed Comparative Index (RCA) 73 4.3.2- Grubel Lloyd Index (GLI) 75 4.3.3- Entropy Index (EI) 77 4.3.4- Trade Potential between Paraguay and South Korea 80 5- EFFECTS ON THE PARAGUAYAN IMPORTS. OBSERVATION OF TRADE CREATION AND DIVERSION CONSIDERING TARIFF SCHEME LIBERALIZATION BETWEEN SOUTH KOREA AND PARAGUAY 84 5.1- Model Specification 85 5.2- Trade Creation (TC), Trade Diversion (TD) and Net Trade Creation (NTC) 89 5.2.1- Trade Creation (TC) 90 5.2.2- Trade Diversion (TD) and Net Trade Creation (NTC) 90 5.3- Estimations Results 91 6- CONCLUSIONS AND RECOMMENDATION 94 7- BILBIOGRAPHY 97 STATISTICAL ANNEX 99 |LIST OF FIGURES Figure N？ 1. Trade Diversion of Paraguay 20 Figure N？ 2. Trade Creation of Paraguay 22 Figure N？ 3. South Korea. Economic Growth. (1990-2007) 25 Figure N？ 4. South Korea. Overall Trade Performance. (1997-2007) 29 Figure N？ 5. South Korea. Overall Major Commodities Traded. (1997-2007) 29 Figure N？ 6. MERCOSUR. Overall Trade. (1991-2006) 36 Figure N？ 7. Intra Regional. Export Index. (1995-2006) 38 Figure N？ 8. MERCOSUR. Main Trade Partners. 2007 39 Figure N？ 9. PARAGUAY. Top Products Traded. 2007 45 Figure N？ 10. PARAGUAY. Overall Trade Performance. 1991-2007 46 Figure N？ 11. Crude Oil Price. August 2001- August 2008 49 Figure N？ 12. Paraguay GDP Growth vs TOI. 1990-2007 53 Figure N？ 13. Paraguay. Intra and Extra MERCOSUR Imports and Exports. 1991-2007 64 Figure N？ 14. Paraguay. Top Five Major Trade Partners. 2007 65 Figure N？ 15. Trade Performance Paraguay vs South Korea. 2000-2007 73 Figure N？ 16. Entropy Index for Exports and Imports. 1999-2007 79 |LIST OF TABLES Table N？ 1. Paraguay. Top Major Exported Goods to Brazil. 2007 56 Table N？ 2. Paraguay. Top Major Exported Goods to Argentina. 2007 57 Table N？ 3. Paraguay. Top Major Exported Goods to Uruguay. 2007 59 Table N？ 4. Paraguay. Top Major Imported Goods from Brazil. 2007 60 Table N？ 5. Paraguay. Top Major Imported Goods from Argentina. 2007 61 Table N？ 6. Paraguay. Top Major Imported Goods from Uruguay. 2007 62 Table N？ 7. Revealed Comparative Advantage Index (RCA). 2007 75 Table N？ 8. Main Products With Major Net Trade Creation. 93 |LIST OF FIGURES IN STATISTICAL ANNEX Figure N？ 1. South Korea. Major Trade Partners. 1997-2007 100 Figure N？ 2. MERCOSUR .Trade Openness Index (TOI). 1991-2006 101 Figure N？ 3. MERCOSUR. Extra Regional Trade. 1991-2006. 102 Figure N？ 4. Intra and Extra MERCOSUR Total Trade Shares. 1991-2006 103 Figure N？ 5. Intra and Extra MERCOSUR. Import and Export Shares 1991-2007 104 Figure N？ 6. Paraguay. Regional Export Quota (REQ). 1991-2007 105 Figure N？ 7. Main Products Traded. Paraguay Vs. South Korea. 2007 107 |LIST OF TABLES IN STATISTICAL ANNEX Table N？ 1. Eviews Output. Paraguay GDP growth vs TOI. 1991-2007 106 Table N？ 2. Indicative Trade Potential. Paraguay to South Korea. 2005-2007 108 Table N？3. Indicative Trade Potential. South Korea to Paraguay. 2005-2007 109 Table N？ 4. Econometric Estimation Output. 1970-2006 110 | - |
| dc.language.iso | eng | - |
| dc.publisher | Graduate School of International Studies Ajou University | - |
| dc.rights | 아주대학교 논문은 저작권에 의해 보호받습니다. | - |
| dc.title | Evaluation of The Potential Trade Between South Korea And Paraguay "An Economic Partial Equilibrium Approach" | - |
| dc.title.alternative | Dominquez Torres, Raul Orlando | - |
| dc.type | Thesis | - |
| dc.contributor.affiliation | 아주대학교 국제대학원 | - |
| dc.contributor.alternativeName | Dominquez Torres, Raul Orlando | - |
| dc.contributor.department | 국제대학원 국제통상학과 | - |
| dc.date.awarded | 2008.12 | - |
| dc.description.degree | Master | - |
| dc.identifier.localId | 567855 | - |
| dc.identifier.url | http://dcoll.ajou.ac.kr:9080/dcollection/jsp/common/DcLoOrgPer.jsp?sItemId=000000009896 | - |
| dc.subject.keyword | International Trade | - |
| dc.description.alternativeAbstract | ABSTRACT As a consequence of the movement toward the expansion of the world economic integration frame; MERCOSUR, Paraguay as a member country and South Korea developed their relationship especially in trade and investment. In this sense, according to figures regarding potential trade, Paraguay can increase its currents exports to South Korea almost 285 times. On the other hand, South Korea can improve its actual exports to Paraguay approximately 21 times. Also was determined that for Paraguay would be beneficial an FTA between MERCOSUR and South Korea, considering the predominance of trade creation over trade diversion and therefore the existence of a positive net trade creation between both sides. | - |
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