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http://dx.doi.org/10.22156/CS4SMB.2019.9.7.078

An Analysis on Economic Effects of Smart Sewage Pipe  

Kim, Sung Tai (Department of Economics, Cheongju University)
Lim, Byung In (Department of Economics, Chungbuk National University)
Oh, Hyun-Taek (Division of Business Administration, Cheongju University)
Park, Kyoo-Hong (Dept. of Industry-University Cooperation Foundation, Chung-Ang University)
Publication Information
Journal of Convergence for Information Technology / v.9, no.7, 2019 , pp. 78-84 More about this Journal
Abstract
The purpose of this study is to introduce the concept of the Smart Sewer System and to analyze the economic ripple effect when smart sewer is built all over Korea. The research method is the input-output model based on the assumption that the smart sewerage will be constructed throughout the Korea from 2021 to 2040. Estimation results show that the production-induced effect reaches 343.73 trillion Korean won, the added value-induced effect is 155.867 trillion Korean won, and the employment-induced effect is estimated by 25,118,470, indicating that the smart sewer project leads to being considerably large in the nation-wide economy. In addition, the increase of social welfare by smart sewer is expected to be realized through the improvement of both the environment improvement and the national health. Therefore, the smart sewer project should be implemented without delay by planning a concrete road map and putting it into effect with a budget.
Keywords
Smart sewer system; Input-output model; Economic ripple effects; Production-induced effect; Employment-induced effect; Value added-induced effect;
Citations & Related Records
Times Cited By KSCI : 6  (Citation Analysis)
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