Research on the effectiveness of import trade policy of wheat flour in Korea

Xing Wang; Aolei Hu; Yu Hong; Aijing Hu

doi:10.2991/978-94-6463-260-6_40

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Research on the effectiveness of import trade policy of wheat flour in Korea

Authors

Xing Wang¹, Aolei Hu¹, Yu Hong¹, Aijing Hu²^{, *}

¹Jilin University of Economy and Finance, 130021, Changchun, China

²Changchun Humanities and Sciences College, Changchun, China

^*Corresponding author. Email: 106044@jlufe.edu.cn

Corresponding Author

Aijing Hu

Available Online 28 September 2023.

DOI: 10.2991/978-94-6463-260-6_40 How to use a DOI?
Keywords: Korea; wheat flour; import; trade policy; comparative
Abstract: This study uses data from 1992 to 2021 to examine the long-run and short-run analysis of Korea's foreign trade policy and wheat flour import trade, and finds that there’s a cointegration relationship between Korea's wheat flour import comparative advantage and import intervention policy. After HP filter, the results of Granger test show that the import policy is a short-run Granger reason for comparative advantage, and the effect is negative. Meanwhile, comparative advantage is a short-run Granger reason for import policy, but its effect is positive. The empirical results show that Korea implement encouragement policy of wheat flour imports. In the short-run, Korea's encouragement of imports isn’t conducive to the formation of import comparative advantages, but the formation and development of import comparative advantages are conducive to implement import incentive policies.
Copyright: © 2024 The Author(s)
Open Access: Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title: Proceedings of the 2023 International Conference on Management Innovation and Economy Development (MIED 2023)
Series: Advances in Economics, Business and Management Research
Publication Date: 28 September 2023
ISBN: 10.2991/978-94-6463-260-6_40
ISSN: 2352-5428
DOI: 10.2991/978-94-6463-260-6_40 How to use a DOI?
Open Access: Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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ris enw bib

TY  - CONF
AU  - Xing Wang
AU  - Aolei Hu
AU  - Yu Hong
AU  - Aijing Hu
PY  - 2023
DA  - 2023/09/28
TI  - Research on the effectiveness of import trade policy of wheat flour in Korea
BT  - Proceedings of the 2023 International Conference on Management Innovation and Economy Development (MIED 2023)
PB  - Atlantis Press
SP  - 305
EP  - 310
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-260-6_40
DO  - 10.2991/978-94-6463-260-6_40
ID  - Wang2023
ER  -

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