Import demand functions of Russia and China

• Номер работы:
  602027
• Раздел:
  Все работы   →   Магистерские работы   →   Торговля и коммерческая деятельность (Trade and commercial activity)
• Год добавления:
  31.03.2020 г.
• Объем работы:
  110 стр.
• Содержание:
  INTRODUCTION 3
  CHAPTER 1 ECONOMIC AND TRADE STATUS OF THE THREE KOREAS, CHINA AND RUSSIA 5
  1.1 History of Economic Development in the Three Kingdoms 5
  1.1.1 Korea 5
  1.1.2 China 25
  1.1.3 Russia 32
  1.2 Economic Status of the Three Kingdoms 38
  1.2.1 Korea"s Economic Development Process 38
  1.2.2 China"s Economic Development Process 41
  1.2.3 Russia"s Economic Development Process 42
  1.3 Trade Relations of the Three Kingdoms 47
  1.3.1 Sino-Russian trade relations 47
  1.3.2 Korea-China-Korea Trade Relations 55
  1.4 Recent Analysis of the Trilateral Trade Relations 59
  1.4.1 Analysis on the Reasons for Strengthening Trade Relations between the Trilateral Countries 59
  1.4.2 Analysis of Causes Affecting Three-Trade Relations 64
  CHAPTER 2 THEORETICAL BACKGROUND 68
  2.1 Import Demand Theory 68
  2.1.1 Demand Theory 68
  2.1.2 Productive Theory 76
  2.2 Prior Studies on Estimating Import Demand Functions 78
  CHAPTER 3 EMPIRICAL RESEARCH 82
  3.1 Empirical Analysis 82
  3.1.1 Results of Korea 82
  3.1.2 Empirical Results of China 85
  3.1.3 Russian empirical results 95
  3.2 Comparison of the Three Kingdoms 104
  CONCLUSION 107
  LITERATURE 110
  
• Выдержка из работы:
  Некоторые тезисы из работы по теме Import demand functions of Russia and China
  
  
  INTRODUCTION
  
  Over the past few decades, a vast amount of research has been devoted to studying the import demand functions in both developed and developing countries, with the income and price elasticities of the demand for imports being the most important empirical estimates used in international economics. Deriving such estimates is more than just an intellectual exercise, as it also has implications regarding the problem with unfavorable trade balances. For example, many multi-country studies have been performed, including Gafar (1988) for Trinidad and Tobago, Gafer (1994) for three Caribbean countries, Bahmani-Oskooee (1998) for six less developed countries, and Sinha (2001) for five Asian countries. Besides, there have also been many country-specific studies, such as Salas (1982) for the Mexico, Ariaze and Walker (1992) and Mah (1994) for Japan, Mah (1993, 1997) and Bahmani-Oskooee and Rhee (1997) for South Korea, Doroodian et al. (1994) for Saudi Arabia, Carone (1996) for the United States, Abbott and Seddighi (1996) for the UK, Sinha (1997) and Arize et al. (2000) for Thailand, Milas (1998) for Greece, Dutta and Ahmed (1999) for Bangladesh, Raijal et al. (2000) for Nepal, and Mohammad and Tang (2000) for Malaysia.
  ................
  CHAPTER 1 ECONOMIC AND TRADE STATUS OF THE THREE KOREAS, CHINA AND RUSSIA
  
  1.1 History of Economic Development in the Three Kingdoms
  1.1.1 Korea
  At its creation in 1948, South Korea ranked as one of the world’s poorest states. Twelve years later, in 1960, it remained so with a per capita income about the same as Haiti. A number of factors contributed to that poverty. South Korea was predominantly an agricultural society, but it did undergo some industrialization during the Japanese colonial rule, from 1910 to 1945, mostly in the northern provinces. The Japanese colonial administration created a professional civil service and an efficient, development-oriented state that worked closely with private business and banks to achieve economic targets. But it was a predatory, exploitative development designed to benefit Japan rather than Korea.
  ................