Production Export Research Articles

Designing nickel smelter industry investment competitiveness policy in Indonesia through system dynamics model

Purpose This research is intended to assess the nickel smelter industry’s investment competitiveness in Indonesia and identify ways to improve its competitive advantage for the nation. Design/methodology/approach This research uses a sequential mixed-methods approach, expanding on a first qualitative phase with a second quantitative phase. Interviews are used in the qualitative phase to identify the underlying causes of issues and potential solutions to increase the competitiveness of the nickel smelter industry, while a system dynamics (SD) model is used to conduct the quantitative phase. This study uses the idea of a country’s competitive advantage from Porter’s diamond model (PDM). The model was tested and validated using SD simulation resulting in a new policy scenario, which was evaluated in metallurgy expert conferences and high policymaker discussion forums. Findings The results reveal the complexity of the nickel smelter industry in Indonesia and conclude that the integrated export duty beneficence policy is the most effective way to boost competitiveness. This policy gives a significant improvement both in the number of smelters and state revenue compared to the current policy. The industry’s investment competitiveness is enhanced by the six factors of the diamond model, with the first three factors being integrated strategy, limited export of excess production and export duty beneficence, while the remaining factors are metal price fluctuation, domestic demand and mineral supply which are related to mining conditions uncertainty. Research limitations/implications The research creates a SD model to support Indonesia’s competitive advantage in the smelter industry. Despite limitations like interpretations and distorted semantic analysis, it provides a useful framework for exploring complex industry themes, excluding social factors due to limited data and knowledge requirements. Practical implications The findings of this research offer a framework for policymaking by the government to enhance the competitiveness of investments in Indonesia’s nickel smelter industry. Originality/value This study delves into Indonesia’s nickel industry competitiveness using PDM. Using a more detailed SD model with quantitative analysis, it goes beyond strategy development to provide a comprehensive approach to the nickel smelter industry.

A switch in thermal and haline contributions to stratification in the Greenland Sea during the last four decades

Stratification and its thermal and haline contributions are important ocean properties of fundamental climatic influence. Upper-ocean stratification shapes marine ecosystems by regulating nutrient availability and deep-ocean stratification is important for carbon sequestration and ventilating the ocean interior. Here, we first assess the applicability of an ocean reanalysis product in representing stratification in the Nordic Seas and East Greenland Shelf. While the reanalysis performs well in most interior basins, it exhibits significant shortcomings on the East Greenland shelf, raising concerns about the reanalysis product in these areas. We then examine the development in the thermal and haline contributions to summer upper- (100 m) and winter intermediate- (1000 m) ocean stratification in the Greenland Sea from 1980 to 2020. We find that there has been a transition in the controls of winter stratification in the upper 1000 m of the Greenland Sea. The transition was associated with a westward migration of the boundary between salinity- and temperature-stratified waters and eventual switch from haline to thermal control of winter stratification. With that follows a change in the type of forcing that can lead to convection: The Greenland Sea is now less dependent on eroding salinity gradients but rather depends on cooling to overcome stratification. There has been a similar switch in summer stratification in the upper-ocean of the Greenland Sea where surface waters shifted from variable stratification, alternating between salinity and temperature dominance, to a stable temperature-stratified regime. This switch coincided with declining sea-ice concentrations related to the disappearance of the Odden ice tongue after 1997. The high sea-ice conditions previously characteristic of the Greenland Sea are now rare suggesting the transition will persist with potential implications for marine ecology and local sea-ice formation. Our findings reveal differences in how thermal and haline stratification has developed over the last 40 years, which may help explain or predict plankton production and carbon uptake and export.

International application of global forest product model and the reference to China

PurposeThis article summarizes the international scientific research output of global forest product models, infers future research trends and provides reference for quantitative analysis and mathematical modeling of Chinese forest product problems, with the aim of contributing to promoting domestic production of Chinese forest products and strengthening international trade competitiveness of forest products.Design/methodology/approachIn 1999, Joseph Buongiorno, a scholar at the University of Wisconsin in the United States of America, proposed the global forest products model (GFPM), which was first applied to research in the global forestry sector. GFPM is a recursive dynamic model based on five assumptions: macroeconomics, local equilibrium, dynamic equilibrium, forest product conversion flow and trade inertia. Using a certain year from 1992 to present as the base period, it simulates and predicts changes in prices, production and import and export trade indicators of 14 forest products in 180 countries (regions) through computer programs. Its advantages lie in covering a wide range of countries and a wide variety of forest products. The data mainly include forest resource data, forest product trade data, and other economic data required by the model, sourced from the Food and Agriculture Organization (FAO) of the United Nations and the World Bank, respectively.FindingsCompared to international quantitative and modeling research in the field of forest product production and trade, China's related research is not comprehensive and in-depth, and there is not much quantitative and mathematical modeling research, resulting in a significant gap. This article summarizes the international scientific research output of global forest product models, infers future research trends, and provides reference for quantitative analysis and mathematical modeling of Chinese forest product problems, with the aim of contributing to promoting domestic production of Chinese forest products and strengthening international trade competitiveness of forest products.Originality/valueOn the basis of summarizing and analyzing the international scientific research output of GFPM, sorting out the current research status and progress at home and abroad, this article discusses potential research expansion directions in 10 aspects, including the types, yield and quality of domestic forest product production, international trade of forest products, and external impacts on the forestry system, in order to provide new ideas for global forest product model research in China.

Performance of two semi-analytical algorithms in deriving water inherent optical properties in the Southern Ocean

Remotely sensed inherent optical properties (IOPs) are key proxies for synoptic mapping of primary production and carbon export in the global ocean. However, the IOPs inversion algorithms are scarcely evaluated in the Southern Ocean (SO) because of limited field observations. In this study, the performance of two widely used semi-analytical algorithms (SAAs), i.e., the quasi-analytical algorithm (QAA) and the generalized IOP model (GIOP), were evaluated using a compiled in situ bio-optical dataset in SO, as well as measurements from the Visible Infrared Imaging Radiometer Suite (VIIRS). Evaluations with in situ data show that QAA and GIOP have comparable performance in retrieving the total absorption coefficient (a(λ)), absorption coefficients of phytoplankton (aph(λ)), and that of detritus and colored dissolved organic matter (adg(λ)). Overall, it was found that remotely sensed a(λ) and aph(λ) by both SAAs agreed well with field measurements, with the mean absolute percentage difference (MAPD) of derived a(λ) and aph(λ) in the blue-green bands being ∼20% and ∼40%, respectively. However, derived adg(λ) by both SAAs were higher than the measured values at the lower end (adg(443) < ∼0.01 m-1), but lower at the higher end (adg(443) > ∼0.02 m-1), with MAPD of ∼60%. Results of this effort suggest confident products of a(λ) and aph(λ) from VIIRS in SO, but more dedicated efforts on the measurements and evaluation of adg(λ) in SO would be desired.

Efficiency and productivity growth in US food manufacturing industries: Exporters, ownership changes, and firm characteristics

AbstractThis study employs a stochastic production frontier framework to measure productivity growth among exporters, non‐exporters, and firms experiencing ownership changes through mergers and acquisitions in US food manufacturing. Analyzing a panel data set that integrates Economic Censuses and transaction‐level exports, the results reveal the coexistence of more productive exporters, driven by technical efficiency, alongside less productive non‐exporters. Exporters in arm's length transactions show productivity growth driven by technical efficiency change, while those in related party transactions benefit mainly from technological change. Firms undergoing ownership changes exhibit positive productivity growth with a greater contribution from technical efficiency compared to those without such changes.

Sea-level and monsoonal control on the Maldives carbonate platform (Indian Ocean) over the last 1.3 million years

Abstract. The Maldives Archipelago (Indian Ocean), composed of two rows of atolls that enclose an inner sea, offers an excellent study site to explore the forcings of carbonate production at platforms. Glacial–interglacial sea-level changes have been claimed to be the main factor controlling the carbonate platform factories; however, climatic factors may also have an impact. In this work we used geochemical compositional records, obtained by X-ray fluorescence (XRF) core-scanning from the International Ocean Discovery Program (IODP) Site U1467 in the Maldives Inner Sea, to analyze the orbitally driven fluctuations on the carbonate production and export from the neritic environment into the Maldives Inner Sea over the last 1.3 million years. High Sr aragonite-rich carbonates (HSAC) from neritic settings were deposited in the Maldives Inner Sea during sea-level highstand intervals, increasing the Sr/Ca values. In contrast, low Sr/Ca values are observed coincident with sea-level lowstand periods, suggesting that large areas of the atolls were exposed or unable to grow, and therefore, there was a demise in the carbonate production and sediment export to the Maldives Inner Sea. However, comparison of the Sr/Ca values and the sea-level reconstructions for different interglacial periods before and after the mid-Brunhes event (MBE, ∼ 430 ka) indicates that sea level is not the only factor controlling the production of HSAC during sea-level highstands. The study of monsoon and primary productivity proxies (Fe-normalized, Fe/K, and Br-normalized records) from the same site suggests that the intensity of the summer monsoon and the Indian Ocean dipole probably modulated the carbonate production at the atolls. Moreover, Marine Isotope Stage 11 stands out as a period with high sea level and extraordinary carbonate production in the Maldives platform. This outstanding carbonate production in the Maldives atolls (and in other low-latitude carbonate platforms) probably contributed to the mid-Brunhes dissolution event through a strong shelf-to-basin fractionation of carbonate deposition.

Export competitiveness of Turmeric from India

The study examined the export performance of turmeric from India. The results revealed a positive growth rate in the area, production, productivity, export quantity, and export value of turmeric from India. Karnataka demonstrated the highest CAGR in both area and production of turmeric, while Odisha recorded the highest CAGR in productivity. The results of the transitional probability matrix indicated that Malaysia was the most stable market for Indian turmeric, followed by UAE and Iran. While India had a comparative advantage in turmeric exports, demonstrated by positive RSCA values, it has gradually declined. The export of turmeric was positively influenced by export price and production, whereas the domestic price had a negative effect. Forming turmeric parks would facilitate better promotion of production technology, processing, value addition, marketing, and export of turmeric from India.

The interlinkage between land resources, food, water, income, and sustainable environment: Evidence from China's economy with COP27 perspective

AbstractChina, the most populous country across the globe, has emerged as one of the biggest economies; however, regarding food production, water, uplifting the income level, and attaining environmental sustainability, the policymakers are still concerned. China's government has worked immensely on eradicating poverty through increasing food production, ensuring access to clean water, and using land resources. Similar steps are taken about environmental protection. In this regard, China needs more empirical evidence to tackle such an environmentally destructive issue and sustainable natural resource use. The present study investigates the environmental Kuznets curve (EKC) while considering the importance of natural resources, food production and export, and water productivity in environmental quality. This research also explores the impact of tourism, energy use, and renewable energy output on carbon emissions in China during 1990–2021. This research authenticates the variables' stationarity and the long‐term equilibrium relationship between the study factors using the pre‐estimation diagnostic approaches. This study employed several parametric approaches and revealed that the EKC paradox is invalid in the case of China and vice versa in the presence of natural resources and food and water variables. Natural resources are the key hazard in attaining a sustainable regional environment and development. By contrast, increased economic growth and energy consumption also enhance the country's pollution level. In distinction, renewable electricity output, tourism industry, food production, and food export are the substantial drivers of attaining COP27 targets. Based on the study findings, this research recommends enhancement in sustainable food production and water management, improved production and consumption of renewables, reduced consumption of outdated energy, sustainable use of non‐renewable resources, and facilitated tourism across the country.

Spatial Database of Planted Trees (SDPT Version 2.0)

This paper describes the methods for updating the Spatial Database of Planted Trees (SDPT) in three areas: boundaries, to spatially differentiate planted forests and tree crops from natural and seminatural forests on a global scale; tree species information, to help screen for the illegal exportation of timber products; and carbon sequestration rates, or removal factors, to improve maps of atmospheric carbon dioxide sequestration by planted trees.

Production trend and export performance of apple from Afghanistan

Production trend and export performance of apple from Afghanistan

Capital controls and firm performance

This paper studies the differential effects of capital controls (CCs) on firms’ performance depending on the firm’s production technology and export status. We empirically characterize the firm’s responses to the introduction of a CC using the Chilean encaje implemented between 1991 and 1998. Motivated by the empirical insights, we build a general equilibrium model with heterogeneous firms, financial constraints and international trade and calibrate it to the Chilean economy. We find that CCs have heterogeneous effects on firms. Exporting firms operating in more capital-intensive sectors are more negatively affected than exporting firms operating in less capital-intensive sectors. Non-exporting firms in capital-intensive sectors experience more negative effects on capital than firms in less-capital intensive sectors, but the opposite is true for domestic sales. These results are a consequence of the increase in financing costs, the depreciation of the real exchange rate, and compositional effects on the mass of exporters and non-exporters.

Ocean Biogeochemical Fingerprints of Fast‐Sinking Tunicate and Fish Detritus

AbstractPelagic tunicates (salps, pyrosomes) and fishes generate jelly falls and/or fecal pellets that sink roughly 10 times faster than bulk oceanic detritus, but their impacts on biogeochemical cycles in the ocean interior are poorly understood. Using a coupled physical‐biogeochemical model, we find that fast‐sinking detritus decreased global net primary production and surface export, but increased deep sequestration and transfer efficiency in much of the extratropics and upwelling zones. Fast‐sinking detritus generally decreased total suboxic and hypoxic volumes, reducing a “large oxygen minimum zone (OMZ)” bias common in global biogeochemical models. Newly aerobic regions at OMZ edges exhibited reduced transfer efficiencies in contrast with global tendencies. Reductions in water column denitrification resulting from improved OMZs improved simulated nitrate deficits relative to phosphate. The carbon flux to the benthos increased by 11% with fast‐sinking detritus from fishes and pelagic tunicates, yet simulated benthic fluxes remained on the lower end of observation‐based estimates.

Fuzzy Logic Based Maximum Power Point Tracking Using Boost Converter for Solar Photovoltaic System in Kuwait

Currently, the production of the rapid increasing electrical energy in Kuwait depends mainly on oil and its derivatives, which result in environmental pollution. Moreover, the export of oil production represents a key income for Kuwait and any saving in its consumption represents an essential concern to land’s economy. Therefore, the power utility and economy of Kuwait will benefit from substituting fossil fuels by clean and renewable energy resources such as solar energy. For efficient utilization of solar energy, the PV panel should track the maximum power point (MPP) under various weather conditions in Kuwait. Most of existing MPP tracking techniques depend mainly on perturb & observe (P&O) or incremental conductance (IC) algorithm using conventional PID controllers. On the other side, fuzzy logic controller (FLC) provides an adaptive nature, fast response, good performance and ability to handle non-linear characteristics. In this paper, the proposed (FLC) substitutes PID controller in P&O and IC (MPPT) under different weather conditions in Kuwait. The obtained results of the proposed (FLC) are compared with conventional PID controller. The performance of the implemented PV panel is validated and the results indicated that FLC has successfully tracked the MPP with minimum voltage oscillations.

Impact of Neighbouring Currencies on Nigeria’s Currency Instability

This study examines the effect of the exchange rate volatility of currencies of countries bordering Nigeria, namely the Benin Republic, Niger, Chad and the Cameroon Republic on Nigeria's exchange rate volatility using monthly observations for 1st January 2001 to 31st December 2021. The study employed the Generalised Auto-Regressive Conditional Heteroscedasticity method to analyse the dataset. The study found that fluctuations in the currencies of these countries have a significant impact on the volatility of Nigeria's currency naira. As a result, it is recommended that policymakers and government agencies strengthen security along the Nigeria-Cameroon, Nigeria-Benin, Nigeria-Chad, and Nigeria-Niger borders to more strictly regulate imports and support the stability of Nigeria's currency. The Nigerian government should encourage less importation from these countries through import-substitute production and higher exportation from Nigeria as such could lead to the appreciation of the naira.

PROCESSING INDUSTRY DEVELOPMENT TRENDS AND CHARACTERISTICS IN THE REPUBLIC OF ARMENIA

In the conditions of complex geopolitical situations, economic declines are manifested in individual countries, the level of uncertainty increases, and the degree of dependence of national economies on changes in the prices of mineral resources increases. In recent years, the negative trends in the industry, especially in the processing industry, have become more prominent in the RA in the absence of a clear industrial policy and unreasonable definition of priorities. In the article, an analysis of the state of the RA processing industry was made, based on economic growth, employment and export indicators. The research was carried out for the last decade, for some indicators, on a five-year basis. As a result of the study of the RA industry sector, certain positive and negative tendencies and patterns have emerged. It refers to the change in production volume and export dynamics. The positive effect of the improvement of indicators after 2020 on the RA economy is noticeable, but the rate of growth of the same indicators over the decade is very moderate. Therefore, it can be noted that there have been no positive developments in the RA economy, and the share of industry in the GDP structure continues to be inferior to the trade and service sector. At the same time, the indicator of economic complexity was low based on the trends in the export of industrial goods.

Sensitivity of the thermohaline circulation during the Messinian: Toward constraining the dynamics of Mediterranean deoxygenation

During the Messinian, the sensitivity of the Mediterranean Basin to ecosystem perturbation was enhanced in response to the progressive restriction of water exchange with the Atlantic Ocean. The widespread deposition of organic-rich layers (i.e. sapropel) during the Messinian testifies the perturbation of the carbon and oxygen cycles; indeed, these sediments were deposited under conditions of oxygen starvation, presumably in response to a periodic deterioration of the thermohaline circulation strength. Disentangling the causes, the effect and magnitude of the thermohaline circulation weakening during the geological past is crucial for better constraining present and near-future deoxygenation dynamics in the Mediterranean region under the current climate warming. For this purpose, we investigate a Messinian sapropel-bearing succession cropping out at Monte dei Corvi (Ancona, central Italy) with mineralogical, petrographic, micropaleontological and stable Carbon and Oxygen isotopic analyses. We show that sapropel layers were deposited in response to an increase of the sea surface buoyancy, which hampered the thermohaline circulation and thus the oxygenation of bottom water, in turn affecting the bioturbating organisms. Within the lithological cycle, the recovery of an efficient thermohaline circulation is recorded by thin packstone layers underlying the marly limestone/marlstone, which record intense bottom currents. The marly limestone/marlstone accumulated during periods of intense primary productivity and organic carbon export to the sea bottom, which promoted bottom hypoxia but not organic matter preservation. We infer that these lithological changes resulted from variations in the Adriatic Deep Water formation system, controlled by precession-driven climatic and oceanographic changes.By integrating previously published Sea Surface Temperature (SST) with new isotopic and mineralogical data, we show that variations in Sea Surface Salinity (SSS) were the leading factor controlling sapropel deposition, minimizing the role of primary productivity. The SSTs characterizing the sapropel deposits are close to the range of those projected in the Eastern Mediterranean at the end of this century under climate warming. In this scenario, future warming will be coupled with SSS increase, which will counteract the density loss provided by temperature, making the bottom deoxygenation in the Eastern Mediterranean abysses unlikely. However, additional forcing, such as winter heat waves and eutrophication, could contribute to negatively affecting the Mediterranean oxygen balance and should be considered in model-based projections.

Scope, Opportunity and challenges of Polyester Staple Fiber (PSF) Production in Bangladesh

Polyester Staple Fiber (PSF) is an important synthetic textile fiber used in various industries, including apparel, home furnishings, and industrial textiles. Bangladesh, a developing country with a growing textile industry, has the potential to become a major producer of PSF. This journal manuscript presents an in-depth analysis of the scope, opportunities, and challenges of PSF production in Bangladesh. The scope of PSF production in Bangladesh is vast due to the country's low labor costs and availability of raw materials. Additionally, the government's support for the textile industry through incentives and infrastructure development provides further opportunities for PSF production. However, there are several challenges that need to be addressed, including the high cost of importing machinery and technology, the lack of skilled labor and technical expertise, and the need for investment in research and development. Moreover, environmental concerns related to the production process, such as waste management and energy efficiency, need to be addressed for sustainable development of the PSF industry in Bangladesh. The manuscript presents an overview of the current state of the PSF industry in Bangladesh, including production processes, raw materials, and export markets, as well as an analysis of the industry's strengths, weaknesses, opportunities, and threats. Overall, the manuscript highlights the potential of the PSF industry in Bangladesh for growth and development, provided the challenges are addressed and a strategic approach to the industry's development is taken. The manuscript concludes with recommendations for policymakers, investors, and industry players to promote sustainable and inclusive growth of the PSF industry in Bangladesh.

A Gulf Stream frontal eddy harbors a distinct microbiome compared to adjacent waters.

Mesoscale oceanographic features, including eddies, have the potential to alter productivity and other biogeochemical rates in the ocean. Here, we examine the microbiome of a cyclonic, Gulf Stream frontal eddy, with a distinct origin and environmental parameters compared to surrounding waters, in order to better understand the processes dominating microbial community assembly in the dynamic coastal ocean. Our microbiome-based approach identified the eddy as distinct from the surround Gulf Stream waters. The eddy-associated microbial community occupied a larger area than identified by temperature and salinity alone, increasing the predicted extent of eddy-associated biogeochemical processes. While the eddy formed on the continental shelf, after two weeks both environmental parameters and microbiome composition of the eddy were most similar to the Gulf Stream, suggesting the effect of environmental filtering on community assembly or physical mixing with adjacent Gulf Stream waters. In spite of the potential for eddy-driven upwelling to introduce nutrients and stimulate primary production, eddy surface waters exhibit lower chlorophyll a along with a distinct and less even microbial community, compared to the Gulf Stream. At the population level, the eddy microbiome exhibited differences among the cyanobacteria (e.g. lower Trichodesmium and higher Prochlorococcus) and in the heterotrophic alpha Proteobacteria (e.g. lower relative abundances of specific SAR11 phylotypes) versus the Gulf Stream. However, better delineation of the relative roles of processes driving eddy community assembly will likely require following the eddy and surrounding waters since inception. Additionally, sampling throughout the water column could better clarify the contribution of these mesoscale features to primary production and carbon export in the oceans.

Upshot of Exchange Rate on Export and Import of Agricultural Production in Bangladesh

An important factor in trade is the currency's exchange rate and fluctuation of exchange rate is very concerning issue in current period over the world. Bangladesh, a developing economy, depends mostly on agriculture sector, recent period’s fluctuation of exchange rates of the country influences its export and import of the agricultural production. This research examines how the real exchange rate affects agricultural production's import and export between 1977 and 2015 in Bangladesh. Variables like Total Agricultural Production, Real Gross Domestic Product, Exchange rates, and Exports and Imports of Agricultural Product have been taken for this study. Ordinary Least Square Method (OLS) and other related econometrical techniques are applied to find the association among indicators. The research indicates that the exchange rate shows no discernible effect on the import and export of agricultural production in Bangladesh. However, Real Gross Domestic Product (GDP) of the country portraits no significant influence on agricultural exports while portraits positive significant influence on agricultural imports. This research contributes to appropriate policies and actions that must be implemented at an equitable level.

Revisiting the Role of Imported Inputs in Asian Economies

Purpose - Global production chains and their impacts on economic growth have drawn extensive attention from researchers. Close relationships among global production chains, export and economic growth have been illuminated, as evidenced by the fast and stable economic growth of East Asian economies. These economies perform various roles within global production chains using offshoring, in which the impact of import on domestic gross output is as strong as that of export. The impact of import on economic growth would depend on whether imported inputs substitute or complement domestic inputs production, which is likely to vary according to individual countries' functions within global production chains. The economic growth of concerned countries would also be diverse. However, little attention has been paid to the impact brought by imports compared to its significance.
 Design/methodology - The principal methodology used in this paper is structural decomposition analysis (SDA), widely chosen to elucidate the impact of various factors on domestic gross output using input-output tables. This paper extracts trade data of six Asian economies from the World Input-Output Database (WIOD) 2016 release that covers 43 countries for the period 2000-2014. The extracted data is then categorised into 37 sectors. First, this paper calculates the Feenstra-Hanson Offshoring Index (OSI) of each country. It then applies SDA to measure the changes in each economy's gross output, export, import input coefficients, and domestic input coefficients. Finally, after taking the first difference from pooled time-series data, it estimates the correlations between imported input coefficients and OSI using the ordinary least square (OLS) method.
 Findings - The main findings of this paper can be summarised as follows. Firstly, all six countries have increasingly engaged in global production chains, as evidenced by the growing size of OSI. Secondly, there are negative correlations in five countries except Japan, with sectoral differences. Thirdly, changes in import input coefficients are not negative in all six countries, indicating that offshoring does not necessarily substitute for domestic inputs production but does complement it and, therefore, fosters their economic growth. This is observed in China, Indonesia, Korea and Taiwan. Offshoring has led to an increase in the use of imported inputs, which has, in turn, stimulated domestic inputs production in these countries.
 Originality/value - While existing studies focus on the role of export in evaluating the impact of participating global production chains, this paper explicitly examines the unexplored impact of import on domestic gross output by considering both the substitution and the complementary effect, using the WIOD. The findings of this paper suggest that Asian economies have achieved fast and stable economic growth not only through successful export management but also through effective import management within global production chains. This paper recommends that the Korean government and enterprises carefully choose offshoring strategies to minimise disruption to domestic production chains or foster them.