English Abstract: The purpose of this study is to calculate the economic value of transport demand forecasting risks in … the project value volatility caused by transport demand forecasting risks is 17.11%. As the discount rate grows higher … in transport volume influenced by leverage effect due to fixed expenditure. The market value of transport demand …

English Abstract: This paper examines the impacts of external shocks on Korean trade through direct and/or indirect … trade linkages. Our empirical analysis focuses on the panel data of Korea and its trading partners for the period from 2002 … to 2010. The results show that direct and/or indirect trade intensity appears to play a significant role in the way …

English Abstract: This study investigates the determinants of currency invoicing in Korean trade by using import and … tends to be higher when trading with a country which has (i) a larger trade volume, (ii) higher level of financial … increase its share as an invoicing currency in trade. To do this, we should maintain macroeconomic stability and improve …

ratio)'이 경제적 후생 변화와 관련된 대외개방 척도이며, 대외개방 확대에 따른 ‘무역의 이익(gains from trade)'은 폐쇄경제에서 개방경제로 전환할 때 발생하는 실질소득 성장률로 측정된다. 본 연구는 UN …English Abstract: North Korea's trade volume in 2016 was three times higher than in the mid-1990s. North Korea … (ACR model), which measures the economic welfare effects of various international trade models. In the ACR model, the …

intermediate inputs in China, while the technological structure in countries such as the United States and China changed in higher … input share of services which are low trade-inducing. In addition, the change in the global final demand structure was found …