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Subject

A Study on the Determinant of Korean Fisheries Export to ASEAN
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한국의 대ASEAN 수산물 수출결정요인에 관한 연구

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Type
Academic journal
Author
Lin, Xuemei (한국해양수산연구원) Kim, Ki-Soo (부경대학교 국제통상학부)
Journal
The Fisheries Business Administration Society Of Korea 수산경영론집 수산경영론집 제47권 제2호 KCI Accredited Journals
Published
2016.1
Pages
15 - 32 (18page)

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A Study on the Determinant of Korean Fisheries Export to ASEAN
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Abstract· Keywords

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The Association of Southeast Asian Nations(ASEAN) has been the most essential organization in Asia. In spite of the world economic crisis, Southeast Asian countries have shown fast economic growth since 2000, and they have been actively expanding investments and trades especially with major countries. Research on competitiveness in ASEAN market has spawned an increasingly large literature, but empirical research on the determinants of Korea's export to ASEAN is limited. The purpose of this study is to draw out the determinant of Korean fisheries export to ASEAN by carrying out a panel analysis. For achieving such a purpose, pooled OLS, Hausman Test, Fixed Effect, Random Effect are performed. The last 20 years' data over the period of 1995 to 2014 concentrated on the ASEAN 6 countries such as Indonesia, Malaysia, Philippine, Singapore, Thailand, Vietnam is used in this study. Amount of aquatic products export to ASEAN is used as the dependent variable; real exchange rate, real GDP, relative price level and GDP per capita are used as the explanatory variables and FTA as dummy variable. Empirical results show that fixed-effect analysis is the best model among all the models. As the fixed effect model shows, real exchange rate, real GDP, GDP per capita and dummy variable(FTA) play positive and statistically significant roles in fisheries export to ASEAN, while price variable plays a negative and statistically significant role to the dependent variable.

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