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http://dx.doi.org/10.12811/kshsm.2012.6.3.219

An Analysis on the Economic Effects of the Medical and Measuring Instrument Industry  

Suh, Jeong-Kyo (Department of Health Administration, Joongbu University)
Publication Information
The Korean Journal of Health Service Management / v.6, no.3, 2012 , pp. 219-229 More about this Journal
Abstract
In these days, the interest on medical industry is increasing around the world. This paper attempts to estimate the economic effects of the medical and measuring instrument industry through the Input-Output Analysis. Especially, 78*78 Sector Tables were used as the first analysis tool. So then, 79*79 Sector Tables adjusted were used for that industry. The main analysis tools of this study are comparing and analyzing backward and forward linkage effect, the induced effect of the self industry and other industries and the induced coefficients such as products, value-added, employee's pay, sales surplus, employment. According to the result of analysis, the medical and measuring instrument industry has great economic impacts which affects the major macroeconomic factors such as production and backward linkage effect. And the induced effects of the self medical and measuring instrument industry are significant compared to other industries in aspects of production, employee's pay and sales surplus.
Keywords
Medical and Measuring Instrument; Induced Effect; Linkage Eeffect; Self and Other-Induced Effect;
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