• Title/Summary/Keyword: Economic Ripple Effects

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A Study on Ripple Effects of e-Trade (무역거래 전자화에 따른 파급효과에 관한 연구)

  • Yun, Bong-Ju;Jeong, Boon-Do
    • International Commerce and Information Review
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    • v.14 no.2
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    • pp.473-495
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    • 2012
  • e-Trade should be activated for cost saving and efficient management of trade as it provides bases to actively respond to changes in markets through quick clearance of export and import. It also has tangible and intangible effects in providing services to customers through real-time sharing of information and can help enhance external competition and images through cost saving and efficient management of traders. Therefore, the study suggests that e-trade platforms to construct global trade systems should be executed to maximize economic ripple effects in terms of trade documents and cost, and paradigms of the past trade should be changed into new systems and presents future countermeasures to enhance its ripple effects.

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Analysis Ripple Effect for Physical Promotion in Connection with Local Cultural Contents: Primarily based on Specialized Streets (지역 문화콘텐츠의 물리적 홍보 파급효과 분석 -특화거리를 중심으로-)

  • Shon, Sang-Hee
    • The Journal of the Korea Contents Association
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    • v.16 no.3
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    • pp.33-42
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    • 2016
  • Utilization of cultural contents is more and more increasing as it is believed to improve local problems and provide historical values. This kind of business is positive in terms of the fact that it attracts visitors into local areas and activate local commercial areas. Under this trend, the construction of specialized streets is required to be approached with first priority to solve problems of cities. So to speak, it's more important to solve intrinsic problems found in local communities and then approach cultural contents step-by-step rather than constructing new spaces with first priority. Moreover, cultural contents should accompany economic aspects which result in local community-friendly and sympathetically concentrated values. Under this sentiment, the efforts to suggest economic ripple effects for government local government's businesses using cultural contents are very important. This study analyzed how much economic ripple effects is yielded by reflecting cultural contents. As the result of analysis, specialized street with cultural contents applied are proved to be more concentrated on multiplier of expediting employment, income and tax and tourism industry than service industry. On the contrary to this, service industry showed more concentrated multiplier of expediting production, income, added values and chain reaction effect (coefficients for influence and sensitivity for front and rear side of tourism industry. Based on these results, construction of specialized streets with cultural contents applied is proved to help synergy effects for local economy.

A Multi-Period Analysis on the Economic Effects of Fisheries Processing Industry Using 2000-2019 Input-Output Table (2000-2019년 산업연관표를 이용한 수산가공품 산업의 경제적 파급효과 분석)

  • Um, Kwon-O;Lee, Heon-Dong
    • The Journal of Fisheries Business Administration
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    • v.52 no.4
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    • pp.45-63
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    • 2021
  • The purpose of this study is to analyze the structure, status and economic ripple effects of the fisheries processing industry in Korea using interindustry analysis. Five input-output tables published over the past twenty years have been reclassified with a focus on the fisheries processing sector. Through these multi-period tables, we analyzed changes in the inducing effects in production, value added and employment as well as the backward-forward linkage effects. As a result of the analysis, it was found that the industrial scale of the fisheries processing industry is very small compared to other food manufacturing industries. The backward linkage effect of the fisheries processing industry was greater than that of other industries, but the forward linkage effect was rather low. This means that the fisheries processing industry can be greatly affected by industrial depression of the downstream industries such as fishery and aquaculture. Production and employment-inducing effects of the fisheries processing industry have shown a decreasing trend in recent years. This reflects the reality that intermediate inputs are gradually being replaced by imports from domestic production due to the expansion of market opening and the depletion of fishery resource. In the future, it is necessary to prepare a strategy to increase the value-added productivity of the fisheries processing sector and foster it as an export industry.

Analysis on Economic Ripple Effects of the Korean Water Industry (물 산업의 경제적 파급효과 분석)

  • Lee, Yoon;Kim, Jong Ho;Cho, Young Jun
    • Journal of Environmental Policy
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    • v.10 no.3
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    • pp.49-71
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    • 2011
  • Water is an essential element required for the survival of 6 billion human beings around the world, and it has limited mobility. The importance of water industry has grown considerably, as its forecasted market size is expected to increase from $336 billion in 2007 to $865 billion in 2025, respectively. In 2003, the domestic water market was estimated to be worth 11 trillion won. However, according to the estimates of this research, the result above was overestimated by 2 trillion won. The economic ripple effects of newly defined water industry based on the input-output data from 2000 to 2008 were trivial, as the price effects of water industry was considerably minor at only 0.12%. To successfully implement policies to enhance the water industry, the market price mechanism must operate and function properly. Nevertheless, the impact of water's market prices on the economy upon application is projected to be trivial.

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The Basic Study on the Ripple Effect of Industrial & Technological Policy for New & Renewable Energy (신재생에너지 산업 기술 정책의 투자효과 분석에 대한 기초 연구)

  • Kim, Jeongbae
    • Journal of the Korean Solar Energy Society
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    • v.32 no.5
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    • pp.18-24
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    • 2012
  • This study is to propose the quantitative methods instead of total results on New & Renewable energy R&D investments. To do that, this study used KETEP R&D investment profile, National R&D investment profile, and ISTANS industrial census results. From the analysis, this study firstly showed that the R&D investment on New&Renewable energy is higher than that of other industrial parts. And the investment increase ratio on New&Renewable energy is also very higher during past 10 years. And finally showed that the ripple effects(relatively the employee number, the amount of sales, and the amount of export) of the focus energy group including feul cell, photovoltaic, and wind power was higher than those of general manufacturing industry. This approach was firstly conducted using the poor census results, so other analysis methods will be developed and performed to exact;y show the investment ripple effect.

An Economic Ripple Effect Analysis of Semantic Technology (시맨틱 기술의 경제적 파급효과 분석)

  • Park, Sung-Uk;Hahn, Sun-Hwa;Sung, Won-Kyung
    • Journal of Information Management
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    • v.41 no.3
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    • pp.175-190
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    • 2010
  • In order to enhance national science technology and to secure the origin of creative wealth, there is a need to offer accurate and high quality information with semantic technology. Semantic technology enables to significantly unify information and obtain the wanted information in an easier way. Also Semantic technology is a key technology of the next generation having great ripple effect on the whole of IT. In this paper, We analyze an economic ripple effects in terms of production inducement effect, added value inducement effect, import inducement effect, labor inducement effect of Semantic technology using an input-out analysis of the bank of Korea(2009). We also examine an economic propriety of Semantic technology.

The Effect of FTA's Results on China Distribution Company

  • Lee, Young-Min
    • Journal of Distribution Science
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    • v.15 no.2
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    • pp.53-58
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    • 2017
  • Purpose - The world economy is changing with FTA. Lots of FTAs are going on between countries and economic blocs in the world economy as the battle field of FTA. This study is aims to suggest a practical data about Korea-China FTA by analyzing an economic ripple effect and main issues on Korea-China FTA negotiation. Research design, data, and methodology - This study analyzes the economic impact and major issues expected during the promotion period of Korea-China FTA, and promoted the purpose of this research with literature review and comparative analysis. Result - FTA agreement with China is expected to contribute to Korean economic growth by bringing effectiveness of securing and resolving mutual trade conflict, and one-sided trade protection control of Chinese domestic demand market. The potentiality between United States and Korea is also very important issue. Conclusions - To minimize the adverse effects of FTA and to maximize the positive effects on the logistics industry, the Correspondence strategy is suggested based on the effects of FTA after analyzing the entire situation of the logistics. Especially, this article places emphasis on a close cooperation system between the government agencies to get a good conclusion from the negotiation even if the e-Commerce issue to be a critical point under Korea-China FTA.

The Impacts of Korea-EU FTA on GyeongGi Agriculture and Inter-Industrial Ripple Effects by Region (한.EU FTA 체결에 따른 경기도 지역별 농업부문의 파급 영향과 산업연관효과 분석)

  • An, Dong-Hwan;Im, Jeong-Bin;Choi, Ae-Sun
    • Journal of Korean Society of Rural Planning
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    • v.14 no.2
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    • pp.13-23
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    • 2008
  • In this paper, we estimated the economic impacts of Korea-EU FTA on the agricultural sector in GyeongGi-Do. In particular, we estimated the economic impacts of agricultural production decrease resulting from Korea-EU FTA for 31 sub-regions in GyeongGi-Do by 15 industrial sectors. We employ a regional economic impact model combining a regional input-output model with a spatial allocation model. We found that the size of inter-industrial impacts are quite different across regions. Our results suggest the importance of agricultural and industrial policy considering the impacts of industrial sectors at the regional level.

An Analysis on Economic Effects of Smart Sewage Pipe (스마트 하수도 구축의 경제적 파급효과 분석)

  • Kim, Sung Tai;Lim, Byung In;Oh, Hyun-Taek;Park, Kyoo-Hong
    • Journal of Convergence for Information Technology
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    • v.9 no.7
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    • pp.78-84
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    • 2019
  • 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.

A Study on the Development Status and Economic Impacts of Drone Taxis (드론택시의 개발현황 및 경제적 파급효과 분석)

  • Choi, Ja-Seong;Hwang, Ho-Won
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.28 no.4
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    • pp.132-140
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    • 2020
  • The development status was studied to predict the concept of how drone taxis would be presented in daily life. the results of the analysis on traffic effects of drone taxis showed that they would be an innovative transportation option that could reach a distance of 60km, which would typically take an hour by car, within twenty minutes. Moreover, the economic analysis of existing aircraft development was limited to production (development investment) of the input budget. However, since the drone taxi is a new transportation system, an overall traffic platform, such as its own terminals, would need to be established. So, the production inducement effect was analyzed by dividing input budget into three factors; production, infrastructure, and service. The results indicate this to be an innovative project expected to have an economic ripple effect and reach a total of 24 trillion won after an investment of 13 trillion won (production + infrastructure + service) in Korea from 2020 to 2040.