Purpose – This paper examines the effectiveness of the foreign exchange risk insurance system in the promotion of SME exports in Korea. The purpose of this study is to analyze the short-term and longterm responses of SME exports to foreign exchange risk insurance support policies. Based on...

This paper examines whether or not the export assistance system has contributed to export promotion in Korea. The current study starts from examining the stationarity of the concerned variables. The unit root tests show that all variables are not I(0) Time Series. Instead, they are I(1) Time...

In this paper, we analyze the contents of all preferential trade agreements (PTAs) of China, Japan, and Korea whose date of entry into force is prior to February 2015, on the basis of sectoral coverage and legal enforceability. Based on the methodology of Horn et al. (2010), the 52 policy areas...

Recognizing the importance of the relationship between stock market and oil prices, this paper examines the long-term price relationships between the Dubai oil price and stock market returns for two large oil-consuming countries in Asia, namely China and Korea, by estimating the Shanghai Stock...

In OECD countries, private insurers provide 95% of short-term export insurance. Korea opened its short-term export insurance market to private insurers in 2013. However, the opening was a highly controversial issue in Korea. Some welcomed the change, while others expressed concerns. This study...