Journal of Digital Convergence (디지털융복합연구)

The Society of Digital Policy and Management (한국디지털정책학회)
권호 표지
DOI QR코드

DOI QR Code

Economy Effects of IT Industry on Financial and Insurance Services

IT산업이 금융서비스에 미치는 경제적 효과

  • Received : 2014.11.05
  • Accepted : 2015.01.20
  • Published : 2015.01.28
Download PDF
⟨ Previous Next ⟩

Abstract

IT is based industry on finance and insurance services and is essential equipment of survival for competitive on market. The importance of IT industry on finance and insurance is bigger than other industries. So, This study examinate effects of hardware and software divided by IT industry on each 6 finance and insurances. Research models are production inducing effects of Demand-Driven model, Shortage effects of Supply-Driven model finally, Leontief's price model by using data for analysis is Input-Output table for 2000~2009. Results are that IT Service effects are more impact than IT hardware effects on Finance and Insurance Service. Especially, IT service's supply shortage effects is 0.0847KWR to produce 1KRW of finance and insurance service for 2-fold increase compared to 2000. In addition, Central Bank and banking institutions of finance and insurance services are the greatest impact from IT industry. These are which is increasing to interdependence between IT industry and finance and insurance service.

금융서비스에서 IT산업은 운영을 위한 기반산업이며, 경쟁에서 생존하기 위한 필수적인 도구이다. 이렇듯 금융서비스에서 IT의 중요성은 어떠한 산업보다 크다고 볼 수 있다. 따라서 본 연구는 금융서비스 산업을 6개의 산업으로 세분화하고 IT를 하드웨어와 소프트웨어 나눈 후, IT 두 분류가 각 금융서비스 산업 미치는 경제적 효과를 분석하였다. 이를 위해 사용된 자료는 2000년부터 2009년까지의 산업연관표이고, 사용된 모형은 수요유도모형의 생산유발효과와 부가가치유발효과 그리고 공급유도모형의 공급지장효과 마지막으로 물가파급효과이다. 분석결과 IT 하드웨어보다 IT 소프트웨어 및 서비스 산업이 금융서비스에 더 크게 영향을 미치는 것으로 나타났다. 특히, IT 소프트웨어의 공급지장효과는 2000년 대비 2배 이상 증가하여 IT 소프트웨어 1원 생산 시 금융서비스 전체에 0.0847원의 효과를 나타내는 것으로 나타났다. 또한 금융서비스 분야 중 중앙은행 및 예금취급기관이 IT 산업의 가장 크게 영향을 받고 있는 것으로 나타났다. 이러한 연구 결과는 IT 산업과 금융서비스의 상호의존성은 지속적으로 증가하고 있는 것을 보여주고 있다.

Keywords

References

  1. Financial Economy Trend, Vol.3, No.20, 2013.
  2. G. Kim . S. Kim . K. Park "The Study on Financial Firm's Performance Resulting from Security Countermeasures and the Moderating Effect of Transformational Leadership", Journal of the Korean Operations Research and Management Science Society, Vol.38, No.4, pp.95-112, 2013. https://doi.org/10.7737/JKORMS.2013.38.4.095
  3. J. Y. Heo . S. H. Yoo . S. J. Kwak "The Role of the IT Industry in the Korean National Economy: an Input-Out Analysis", Journal of Industrial Economics and Business, Vol.21, No.2, pp. 483-500, 2008.
  4. K. C. Laudon . J. P. Laudon, Management Information Systems, Pearson. 2011.
  5. K. H. Kim, "Strategies according to the bank's financial IT environmental changes" Korea Financial Telecommunications & Clearings Institute, Vol. 53, pp. 98-129, 2013.
  6. National IT Industry Promotion Agency, 2012 Software industry analysis report, 2013.
  7. R. E. Miller . P. D. Blair Input-Output Analysis: Foundations and Extensions, Prentice-Hall, 1985.
  8. S. Cheng, S. J. Lee, K. R. Lee, "Astudy on Chinese User Resistance of Mobile Banking", Journal of Digital Convergence, Vol. 12 No.1, pp.105-114, 2014. https://doi.org/10.14400/JDPM.2014.12.1.105
  9. S. H. Yoo . T. H. Yoo "The Role of the Nuclear Power Generation in the Korean National Economy:An Input-Output Analysis", Progress in Nuclear Energy, 51, pp.86-92, 2009. https://doi.org/10.1016/j.pnucene.2007.12.001
  10. S. K. Park . K. S. Han, "A Study on the Prospects of the Financial IT Services Industry using the Correlation Analysis of the IT Budget in the Financial Industry, Journal of Digital Convergence, Vol. 12, No.3, pp.55-62, 2014. https://doi.org/10.14400/JDC.2014.12.3.55
  11. S. O. Jang . K. L. Lim "Developing key Performance Indicators for Financial IT Security", The Journal of Society for e-Business Studies, Vol.18, No.3, pp.125-142, 2013. https://doi.org/10.7838/jsebs.2013.18.3.125
  12. The Bank of Korea, "2009 Input-Output Tables, 2011.
  13. The Bank of Korea, "Input-Output Analysis", 2007.
  14. W. Seo "Effective IT support system of the Financial Industry Changes", Communications of the Korean Institute of Information Scientists and Engineer, Vol.26, No.9, pp. 37-46, 2008.
  15. W. Yoo "Corresponding changes in the IT environment and financial", Communications of the Korean Institute of Information Scientists and Engineer, Vol.26, No.9, pp. 5-12, 2008.
  16. Y. John, "A Determination of the Factors Contributing to Internet Banking", Journal of Digital Convergence, Vol. 11, No. 10, pp.137-144, 2012. https://doi.org/10.14400/JDPM.2012.10.11.137