• Title/Summary/Keyword: Backward Forward Linkage

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Input-Output Analysis on the Medical Service Industry between Korea and Japan (의료서비스산업의 산업연관분석)

  • 이견직;정영호
    • Health Policy and Management
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    • v.10 no.1
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    • pp.126-147
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    • 2000
  • This paper empirically explores the nature of the medical service industry and its various propagation effects on the economy in the input-output model, as revealed by a comparative analysis between Korea and Japan. The main findings of the paper are as follows; First, the growth of medical industry induces above-average effect on employment. Second, the industry is of the characteristics of weak both backward and forward linkage effects implying a 'final demand dependency industry'. When compared with public service sectors, however, the medical services industry shows stronger backward linkage effect than those sectors. Furthermore, it has strong repercussion effects on the goods industries. Third, in order to produce per unit of services, the medical services industry of Korea uses relatively more drugs and medical devices than that of Japan. In general, it has been shown that production structure of medical service industry in Korea is 'hardware-oriented' one; on the other hand, 'software-oriented' in Japan which means that, as intermediate inputs, outsourcing and informatization has been used than those of Korea. From the findings of the paper it could be emphasized that the medical organizations in Korea should put more efforts on shifting the current hardware-oriented production structure to strengthen core competence by enhancing productivity and by outsourcing to improve efficiency of production process. However, the medical organizations in Korea would not have enough incentives for high value-added production structure because they enjoy high operating surplus. Therefore, it would be necessary that government policy should be taken into account of these environments.

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Does Inward Foreign Direct Investments Affect Export Performance of Micro Small and Medium Enterprises in India? An Empirical Analysis

  • SINGHA, Seema;KUMAR, Brajesh;CHOUDHURY, Soma Roy Dey
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.9
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    • pp.143-156
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    • 2022
  • This article examines the effect of inward foreign direct investments (FDI) on the export performance of micro, small & medium enterprises (MSMEs) in India, and investigates the spillover impact and absorption capacity of the MSMEs sector. For the first time, the researchers applied the intersectoral linkage approach to investigate the matter and used a panel dataset between 2006 and 2017. The coefficients of forward and backward linkages are estimated by using the Rasmussen method, the study employs a basic linear panel data model, followed by various diagnostic tests to identify the problem of heteroscedasticity, autocorrelation / serial correlation, cross-sectional dependencies, multicollinearity, time-individual specific tests, and unobserved effects. The PCSE model was applied for robust standard error and the Hausman-Taylor IV model to check the robustness of the result generated in the linear panel data model. Despite the high prevalence of forward and backward intersectoral connections and the Lack of absorption capacity of local firms, the results show that FDI has little of an impact on the export performance of micro, small, and medium-sized businesses in India. This study adds to the existing literature on determining local firms' spillover effect and absorption capacity in response to inward FDI.

A Study on the Characteristics of the Transitional Period about Electrication Vehicle Industry Space in China (중국 전기차 산업 공간의 전환기 특성 연구)

  • Choe, Ja-Yeong
    • Journal of the Economic Geographical Society of Korea
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    • v.24 no.4
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    • pp.386-399
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    • 2021
  • This study targets the rapidly growing electric vehicle industry. Currently, China is the world's largest electric vehicle producer, and several global and local companies are adapting to the transition environment of the electric vehicle industry and carrying out various activities. To analyze the causes and environmental characteristics of this transition, we analyzed the activities of the Chinese government, automobile companies, and companies in forward and backward linked industries, which are major actors in the production network. As a result, with full support from the Chinese government, functional changes of existing actors and an increase in the entry of new actors resulted in a transition to an electric vehicle industry space accompanied by new values.

An Economic Ripple Effect Analysis of National Scientific Data Center Construction (국가 과학데이터센터 구축의 경제적 파급효과 분석)

  • Park, Sung-Uk;Hahn, Sun-Hwa
    • Journal of Information Management
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    • v.42 no.3
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    • pp.55-69
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    • 2011
  • In the modern scientific R&D, the efficient acquisition, curation, analysis and visualization are core elements of the science development. The value of scientific data is very important in data intensive research. An output of scientific data is drastically increasing. However we have only each individual system of scientific data in now. Therefore We feel a lack of efficiency of scientific data. In this paper, We analyze an economic ripple effects in terms of production inducement effect, added value inducement effect, labor inducement effect and forward backward linkage effect of national scientific data center construction using an input-out analysis of the bank of Korea(2009). We also examine an economic propriety of national scientific data center construction.

An Analysis about Impact of Smart Home manufacturing and service Industry on National Economy (스마트홈 제조업과 서비스업의 국민경제적 파급효과 분석)

  • Kim, Kyunam
    • Journal of Technology Innovation
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    • v.28 no.4
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    • pp.97-126
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    • 2020
  • This study evaluated its potentials by quantitatively analyzing the national economic impact of the smart home-related industry, which is attracting attention as a core industry of the 4th industrial revolution. For the analysis, the smart home-related industries were classified into manufacturing and service industries through a literature review of the previous studies. Using the 2018 input-output table, this paper analyzed linkage effects between industries as well as spillover effects in the production, value-added, employment and job. As a result, the smart home manufacturing and service sectors showed a higher spillover effect in value-added than other industries in each industrial field. In the smart home industry, the spillover effects of manufacturing sector to service sector are larger than those of service sector to manufacturing sector. Moreover, it was confirmed that smart home industry was highly related to not only the technology-intensive industry, but also the service sector for smart cities, smart cars, Fin-tech, and etc. On the other hand, the smart home manufacturing sector is a final demanding industry with relatively higher backward linkage effect than forward linkage effect. In the smart home service sector, the forward linkage effect was relatively high compared with the backward linkage effect, indicating that it was an industry with a high supply function to other industries.

The Impact of Software and Medical Industry on Korea Economy (소프트웨어산업과 의료산업이 한국경제에 미치는 파급효과)

  • Yun, Eungyeong;Moon, Jun Hwan;Choi, Hangsok
    • Journal of Information Technology Services
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    • v.17 no.2
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    • pp.49-67
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    • 2018
  • This study compares economic impact between Software and Medical industry through Input Output Table by Bank of Korea. We classify Software and Medical industry by The ninth Korea Standard Industry Classification and use linkage effects, value added inducement coefficient, and labor inducement coefficient to analyze economic impact. First, software and medical industry have different linkage effects between backward and forward. Second, They have higher value added inducement coefficient than average of all industry. Third, They not only have higher labor inducement coefficient than average of all industry but also simillar effect on labor induction. According to the result of this study, software and medical industry have high economic impact on Korea economy, and therefore are intensively fostered by policy support.

A Generalized Hyperparamodulation Strategy Based on a Forward Reasoning for the Equality Relation ; RHU- resolution*

  • Lee, Jin-Hyeong;Im, Yeong-Hwan;O, Gil-Rok
    • ETRI Journal
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    • v.9 no.1
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    • pp.84-96
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    • 1987
  • The equality relation is very important in mechanical theorem proving procedures. A proposed inference rule called RHU-resolution is intended to extend the hyperparamodulation[23, 9] by introducing a bidirectional proof search that simultaneously employs a forward reasoning and a backward reasoning, and generalize it by incorporating beneflts of extended hyper steps with a preprocessing process, that includes a subsumption check in an equality graph and a high level planning. The forward reasoning in RHU-resolution may replace the role of the function substitution link.[9] That is, RHU-deduction without the function substitution link gets a proof. In order to control explosive generation of positive equalities by the forward reasoning, we haue put some restrictions on input clauses and k-pd links, and also have included a control strategy for a positive-positive linkage, like the set-of-support concept, A linking path between two end terms can be found by simple checking of linked unifiability using the concept of a linked unification. We tried to prevent redundant resolvents from generating by preprocessing using a subsumption check in the subsumption based eauality graph(SPD-Graph)so that the search space for possible RHU-resolution may be reduced.

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A Competitive Study on the Linkage Effects between ICT and Automobile Industry (ICT 산업과 자동차 산업의 생산유발효과 비교 연구)

  • Eun-Gyeong Yun;Sang-Mok Kim;Sang-Gun Lee
    • Information Systems Review
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    • v.19 no.4
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    • pp.111-134
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    • 2017
  • This study compares the linkage effects and competitive advantage between ICT and automobile industry in Korea from 1996 to 2011 using input-output tables. The ICT industry is classified according to the International Standard Industry Classification. Results show that (1) the ICT industry exhibits linkage effects similar to those of automobile industry. (2) Both ICT and automobile manufacturing sectors exert significant effects on the demand and supply. Additionally, (3) ICT service and automobile sectors show linkage effects on demand and supply, respectively. The present results present the classification criteria of the ICT industry discussed to date and suggest economic effects and policy implications.

The Analysis of Economic Impact for Information Security Industry using Inter-Industry Analysis (산업연관분석을 이용한 정보보호 산업의 경제 파급효과 분석)

  • Jeong, Eun-Hee
    • The Journal of Korea Institute of Information, Electronics, and Communication Technology
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    • v.13 no.1
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    • pp.72-80
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    • 2020
  • The information security industry is increasing in importance and market size due to the development of the fourth industry such as artificial intelligence, IoT and etc. This paper was analyzed the impact of the increasing information security industry on the domestic economy by using the Input-Output table. It was classified industrial sectors into information security products and information security services industries, and then reclassified the Input-Output table into 35 industries. And it was estimated the production inducement coefficient, the value-added inducement coefficient, employment inducement coefficient, and etc. The production inducement coefficients of the information security product and service industry are each 1.571, 1.802, and the value-added inducement coefficients of them are each 0.632, 0.997, and the employment inducement coefficients of them are each 2.494, 7.361. Only the value-added inducement coefficient of the information security service industry is slightly higher than the total industry, and the remaining inducement coefficients are all lower than the total industry. In addition, the information security product industry has no the forward and backward linkage effect, and the information security service industry has no the backward linkage effect. But it has the forward linkage effect. As a result of analyzing the economic ripple effect of the information security industry, the production inducement amounted to 359.9 trillion won, value-added inducement amounted to 164.8 trillion won, and employment inducement amounted to 803 thousand people.

The Propagation Effects on the Regional Economy Induced by U-City Construction in Wha-sung and Dong-tan City (U-City 구축에 따른 지역경제 파급효과 - 화성.동탄지역을 중심으로 -)

  • Kim, Pang-Ryong;Cho, Byung-Sun;Jeong, Woo-Soo
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.31 no.12B
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    • pp.1087-1098
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    • 2006
  • This study is unlike common Input-Output Analysis in the point that both RAS and methods are applied to the dynamic Input-Output Model simultaneously. We have analyzed the propagation effects on the regional economy from the investment generated by u-City construction in Wha-sung and Dong-tan City. The main results of the study are as follows. The total induced effect on production according to u-City construction in Wha-sung and Dong-tan City is estimated about 2.9 times. On the other hand, u-City industry is appreciated as a industry which a forward linkage effect is very high while a backward linkage effect is not that high.