Journal of Energy Engineering (에너지공학)

The Korean Society for Energy (한국에너지학회)
권호 표지
DOI QR코드

DOI QR Code

A Comparative Analysis on the Economic Effects of the Electricity Industry of Korea and Japan

한국과 일본 전력산업의 경제적 파급효과 비교 분석

  • Lee, Seung-Jae (School of Business administration, Baekseok Culture University) ;
  • Euh, Seung Seub (Department of Energy Policy, School of Energy & Environment, Seoul National University of Science & Technology) ;
  • Yoo, Seung-Hoon (Department of Energy Policy, School of Energy & Environment, Seoul National University of Science & Technology)
  • 이승재 (백석문화대학교 경영학부) ;
  • 어승섭 (서울과학기술대학교 에너지환경대학원 에너지정책학과) ;
  • 유승훈 (서울과학기술대학교 에너지환경대학원 에너지정책학과)
  • Received : 2015.03.17
  • Accepted : 2015.05.21
  • Published : 2015.06.30
Download PDF
⟨ Previous Next ⟩

Abstract

This study attempts to examine the economic impacts of electricity industry in Korea and Japan using an inter-industry analysis. Specifically, the study analyzes and compares electricity industry between Japan and Korea through production-inducing effect and value added inducing effect of electricity industry based on demand-driven model. Moreover, this study deals with supply shortage effect and sectoral price effect by using supply-driven model and Leontief price model, respectively. This study analyses the electricity industry through exogenous approach. The results show that electricity industry induces prodution-inducing effect of 0.5946 won in other industries in Korea and 0.5446 yen in other industries in Japan. Value-added-inducing effects are 0.1716 won in other in other industries in Korea and 0.2929 yen in other industries in Japan. Supply shortage effects of electricity industry are 1.5932 won in other industries in Korea and 1.2801 yen in other industries in Japan. And sectoral price effects are 0.2113% in Korea and 0.2196% in Japan due to the price increase of 10% of electricity industry.

본 논문에서는 산업연관분석을 이용하여 한국과 일본 전력산업의 국민경제적 파급효과를 분석하고자 한다. 먼저 수요유도형 모형을 이용하여 생산유발효과, 부가가치 유발효과를 살펴본다. 아울러 공급유도형 모형 및 레온티에프 가격모형을 적용하여 전력산업의 공급지장효과와 물가파급효과에 대하여 한국과 일본을 비교 분석한다. 이러한 분석은 전력산업을 외생화하여 이루어지게 된다. 분석결과 전력산업에서의 1원(엔) 생산이 타 산업에 유발하는 생산유발효과는 한국 0.5946원, 일본 0.5446엔 이었으며, 타 산업에 유발하는 부가가치 유발효과는 한국 0.1716원, 일본 0.2929엔이었다. 전력산업의 공급지장효과는 한국 1.5932원, 일본 1.2801엔이었으며, 전력산업의 10% 가격 인상으로 인한 물가파급효과는 한국 0.2113%, 일본 0.2196%로 한국이 높게 나타났다.

Keywords

References

  1. Bank of Korea (2013). '2011 Input-Output Table.' Seoul: Bank of Korea.
  2. Cho, J. H. National Economic Effects of Electricity Sector: Using Input-Output Analysis, GRI Review, 2011, 3(2), 115-132.
  3. Davis, H. C and E. L. S. Alternative Approaches to the Estimation of Economic Impacts Resulting from Supply Constraints, Annals of Regional Science, 1984, 18, 25-34. https://doi.org/10.1007/BF01287372
  4. Kang, M. O., Hwang, W., Lee, S. Y. The Evironmentally Friendly Reform and its Effect of Subsidies in the Electric Power Sectors(I), Journal of environmental policy, 2007.
  5. Kang, G. C., Yang. S. D. The economic effects of the power industry using Input Output table, Journal of Economics, 1999, 13(1), 437-455.
  6. Kim, E. S, and Yoo, S. H., Lim, E. S. Analyzing the Effects of the Investment in Major SOC Sectors, The Journal of Korean Public Policy, 2008, 10(2), 39-60.
  7. Kwak, S. J. and Yoo, S. H., Han S. Y. Using an industrial Linkage Analysis-The National Economic Effects of Four Power Generation Sectors-, Environmental and Resource Economics Review, 2002, 11(4), 581-727.
  8. Jung, K. O. and Lim, E. S. Price Inducing Effect of Public Utility Charges in Korea, The Journal of Korean Public Policy, 2009, 11(3), 235-253.
  9. Hong, D. P., Hong, J. H. An Analysis of Software Industries in Korea, USA and Japan Using Input-Output Tables, Communications & Convergence Review, 2002, 9(2), 247-273.
  10. Ghosh, A. input-output Approach to an Allocative System, Economica, 1958, 25(1), 58-64. https://doi.org/10.2307/2550694
  11. Hirschman, A. O. The Stategy of Economic Development, New Haven: Yale University Press, 1953.
  12. Howe, C. W. and smith, M. G. The Value of Water Supply Reliability in Urban Water System, Journal of environmental Economics and Management, 1994, 26, 19-30. https://doi.org/10.1006/jeem.1994.1002
  13. Japaness Input-Output table(I-O table). Japan, Statistics Bureau of Japan; 2005, Retrieved in November.
  14. Jones, L. P. The Measurement of Hischmanian Linkage Hypothesis, Economics and Management, 1976, 26, 19-30.
  15. Miller, R.E. and Blair, P.D. Input-Output Analysis, Foundations and Extensions, Prentice-Hall, New Jersey, 1985.
  16. Osterhaven, J. On the Plausibility of Supply-driven Input-output Model, Journal of Regional Science, 1988. 28, 203-217. https://doi.org/10.1111/j.1467-9787.1988.tb01208.x
  17. Osterhaven, J. Leontief versus Ghoshian Price and Quantity Models, Southern Economic Journal, 1996. 62, 750-759. https://doi.org/10.2307/1060892
  18. Rose, A. and T. Allison. Onthe Plausibility of the Supply-driven Input-output Model: Empirical Evidence on Joint Stability", Journal of Regional Science, 1989. 29, 451-458. https://doi.org/10.1111/j.1467-9787.1989.tb01390.x
  19. Yoo, S. H. and C. Y. Yang. Role of Water Utility in the Korean National Economy", International Journal of Water Resoureces Development, 1999. 15, 527-542. https://doi.org/10.1080/07900629948745