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http://dx.doi.org/10.5855/ENERGY.2016.25.3.095

The Economic Effects of the Expanding Manufacture and Utilization of Solid Refuse Fuel (SRF) Facilities in Korea : An Input-output Analysis  

Cho, Yongcheol (Department of Energy Policy, Graduate School of Energy & Environment, Seoul National University of Science & Technology)
Park, Soyeon (Department of Energy Policy, Graduate School of Energy & Environment, Seoul National University of Science & Technology)
Yoo, Seunghoon (Department of Energy Policy, Graduate School of Energy & Environment, Seoul National University of Science & Technology)
Publication Information
Journal of Energy Engineering / v.25, no.3, 2016 , pp. 95-103 More about this Journal
Abstract
The government is trying to expanding the manufacture and utilization of solid refuse fuel (SRF) facilities in order to mitigate greenhouse gases reducing and eco-friendly waste-to-energy recovery. In this regard, this study attempts to look into the economic effects of expanding the manufacture and utilization of SRF facilities by applying an inter-industry analysis using a 2014 input-output table. Specifically, by applying the demand-driven model presents the results for the production-inducing effect, value-added creation effect, and employment-inducing effect. In particular, this study attempted to redefine for the SRF. In addition, it was accessed by exogenous around the manufacture and utilization of SRF sector. The results show that production-inducing effect and value-added creation effect of expanding the manufacture and utilization of SRF facilities for the investment of 1.0 won are estimated to be 1.9993 and 0.6747, respectively. The employment-inducing effect of one billion of investment in the expanding the manufacture and utilization of SRF facilities is computed to be 11.1982 persons. This information can be utilized in predicting the economic effects of the manufacture and utilization of SRF.
Keywords
solid refuse fuel; economic effects; demand-driven model; inter-industry analysis; exogenous specification;
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Times Cited By KSCI : 5  (Citation Analysis)
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