earticle

영어

This paper aims to examine the import pattern of Gwangyang port. The empirical work outlined here uses monthly data running from 2000M1 to 2007M6. All variables are in log form, which are obtained from the Korea International Trade Association and the Korea National Statistical Office. The major commodities that Gwangyang port imports include mineral fuels, metals,
transportation equipments, agricultural products and iron and steel. We apply the Ordinary Least Squares to the model consisted of the income variable, the exchange rate, and the seasonal dummies. We find that all of income coefficients have positive signs, but some of exchange rate coefficients are insignificant or positive. This paper also shows that the most of the income coefficients of Gwangyang's major import items tend to increase as the time passes, but the
effects of exchange rate are mixed up. The influence of the exchange rates tends to get strength in the items such agricultural products, transportation equipments, and chemical products, while the exchange rate effect decays in the mineral fuels and iron and steel products.