• Title/Summary/Keyword: Employment-induced effect

Search Result 26, Processing Time 0.023 seconds

A Study on the Economic Effects of Renewable Energy Industry (신재생에너지산업의 경제적 파급효과 분석)

  • Kwon, Seung Moon;Kim, Ha Na;Jeon, Eui Chan
    • Journal of Climate Change Research
    • /
    • v.7 no.1
    • /
    • pp.59-68
    • /
    • 2016
  • The world's major countries have focused on the renewable energy industry as the solution to climate change and the energy crisis. Nevertheless, there are no studies on the economic effects of the renewable energy industry. This study analyzed the economic effects of Korea's renewable energy industry by using the 2010 Input-Output Table. It is estimated that Korea's renewable energy industry made a production-induced effect of 2.0262 won, and a value-added-induced effect of 0.6138 won through an increase in output growth of 1 won, and an employment-induced effect of 2.3046 labors through an increase in output growth of 1 billion won. Both the effect ratio and the response ratio were greater than 1, which means the renewable energy industry is an intermediate manufacturing industry whose forward linkage effect and backward linkage effects are large. These results show differences with previous studies that classified electricity sector and renewable energy industry into final primary production industries. It is expected that the economic effects of the renewable energy industry will become greater in the future. Therefore, research on statistics related to the renewable energy industry is needed for more precise analysis.

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
    • /
    • v.9 no.7
    • /
    • pp.78-84
    • /
    • 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.

An Analysis on the Economic Effects of the Korean Cosmetic Industry (우리나라 화장품산업의 경제적 파급효과 분석)

  • Suh, Jeong-Kyo
    • The Korean Journal of Health Service Management
    • /
    • v.7 no.3
    • /
    • pp.57-69
    • /
    • 2013
  • In these days, the interest on health industry is increasing around the world. This paper attempts to estimate the economic effects of the Cosmetic Industrydusing 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 effects, the induced effects of the self industry and other industries and the induced coefficients such as product, value-added, job and employment. According to the result of analysis, the cosmetic industry has great economic impacts which affects the major macroeconomic factors such as product, value added and backward linkage effect. And the induced effects of the self cosmetic industry are significant compared to other industries in aspects of product, value-added, and employment.

An Analysis on the Economic Effects of the Medical and Measuring Instrument Industry (한국 의료 및 측정기기산업의 투자파급효과 분석)

  • Suh, Jeong-Kyo
    • The Korean Journal of Health Service Management
    • /
    • v.6 no.3
    • /
    • pp.219-229
    • /
    • 2012
  • 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.

The role of Universities in the Development of Local Economies: A Case Study in the western of Jeonnam

  • Sung Hyun Park;Ki Kibeom Kim
    • International Journal of Internet, Broadcasting and Communication
    • /
    • v.15 no.2
    • /
    • pp.81-88
    • /
    • 2023
  • As a result of this study, the income generation effect generatded by regional universities for the region is KRW 130.6 billion (direct and indirect income effect KRW 90.9 billion, induced income effect KRW 39.6 billion). In addition, it is estimated that the effect of regional universities on inducing employment in the region is 2,145 per year. Unless quality jobs are secured, the outflow of population to the metropolitan area will accelerate, and the disappearance of local areas will emerge as a social problem in the near future. Considering the effect of local universities on the local economy revealed through the results of this study, that is, the income and job creation effects, the government will be able to prevent local extinction by providing bold financial support to local universities. If it is difficult to afford it with government finances alone, it can be solved by opening the door to universities for admission through donations, which many advanced countries are introducing..

An Analysis of the Economic Effects of the U-healthcare Industry (U-헬스케어 관련산업의 경제적 파급효과 분석)

  • Suh, Jeong-Kyo
    • The Korean Journal of Health Service Management
    • /
    • v.10 no.4
    • /
    • pp.153-165
    • /
    • 2016
  • Objectives : Recently, concern about the ubiquitous healthcare industry has increased worldwide. This study estimated the economic effects of the ubiquitous healthcare industry by Input-Output Analysis. Methods : In this study, $384^*384$ sector statistics of the Bank of Korea were used as the initial analysis tool, after adjustments, $9^*9$ sector statistics were used as the major research method for that industry. The main analysis tools of this study included a comparison of the backward and forward linkage effects, as well as the induced effects of the self-industry and other industries and the induced coefficients including products, value-added, employee's pay, sales surplus, and employment. Results : Based on the results of the analysis, the ubiquitous healthcare industry has great economic impacts which affects major macroeconomic factors including production and the backward linkage effect. Additionally, the induced effects of the self-industry, the ubiquitous healthcare industry, are significant compared to other industries in terms of production, employee's pay and operating surplus. Conclusions : The ubiquitous healthcare industry is a growth engines for national development. This paper offers alternatives for efficient industrial policies.

A Study on the Employment Effects of the Digital Bio-healthcare Industry (디지털바이오헬스케어산업의 고용유발효과에 관한 연구)

  • Jang, Pilho;Kim, Yongwan;Jun, Sungkyu;Lee, Changwoon;Jung, Myungjin
    • Journal of Information Technology Services
    • /
    • v.19 no.2
    • /
    • pp.23-35
    • /
    • 2020
  • The development of digital technology is changing the paradigm of the healthcare industry to preventive and consumer-oriented. The combination of the ICT industry and the bio-healthcare industry is emerging as a core industry in the era of the Fourth Industrial Revolution. The Korean government has also selected the bio-healthcare industry as one of the three key future development industries. In May, the government announced its bio-health industry innovation strategy and set a goal of 300,000 employees. Therefore, analyzing the effects of employment on the related industries of the digital bio-healthcare industry is very important for the establishment of future industrial and technology development policies. The research method restructures the integrated classification of 32 industries into 34, including the digital bio-healthcare industry, using the classification criteria of the government and professional institutions, and then reorganizes the digital bio-healthcare industry into eight industries classified as one industry group. The analysis data was taken from the Bank of Korea's 2019 data. Various trigger coefficients and ripple effects coefficients were rewritten using the analysis method of the Input-output Statistics. The analysis of the results compares the employment-induced effects of the digital bio-healthcare industry and the ripple effects of related industries in production, investment and value-added. In addition, in terms of investment effect, the effects of in-house and related industries were compared. It is hoped that the results of this study will be used to establish employment and industrial policies.

The Effects of Energy Price Increase on Automobile Industry (에너지가격 상승이 자동차산업에 미치는 영향)

  • Kim, Younduk;Han, Hyun-Ok
    • Journal of Environmental Policy
    • /
    • v.11 no.3
    • /
    • pp.97-122
    • /
    • 2012
  • This article analyzes the effects of energy price increase induced by GHGs mitigation policy on automobile industry empirically. An increase in energy price due to GHGs mitigation policy does not have a significant effect on the production and the value-added in automobile industry. Electricity price has a negative effect on the production and the value-added in automobile industry, but it is not significant. However, employment is significantly affected by a change in electricity price. Export is also affected negatively, but the effect is insignificant. These results imply that GHGs mitigation policy such as carbon tax might affect adversely the employment in automobile industry. Especially, their effects on employment are significant. Therefore, some moderating measures to relieve the adverse effects on employment in automobile industry should be called upon with the implementation of GHGs mitigation policy.

  • PDF

A Study on Impacts of Tourist Industry on Regional Development: The Case of Kangreung and Sokcho Area (관광산업이 지역개발에 미치는 영향에 관한 연구 -강릉.속초지역을 중심으로-)

  • 조주환;황명찬;권춘식
    • Journal of the Korean Regional Science Association
    • /
    • v.8 no.2
    • /
    • pp.11-26
    • /
    • 1992
  • In spite of her abundant natural resources for tourist industry, Kangreung and Sokcho area became lagged in economic development during the national industrialization. The major purpose of this study is to exactly purpose of this study is to exactly measure the impacts of tourist industry on regional development. Through the regional input-output analysis, we found some critical facts: (1) Input coefficients are relatively high in those industries as fish products, food and drink products, and printing and publishing. (2) Input coefficients are high in fiber and apparel products, and other manufac-turing. (3) Induced production effects are high in chemical and coal products, fish products, food and fish products, printing and publishing, and public administration for Sokcho. (4) As for the induced employment effect, food and lodging, other services, wholesale and retail show high coefficients. (5) As for the location quotients, food and lodging, fish products, transportation and ware housing are identified as basic industries. Through the questionnaire survey, we also found some important facts: (1) Residents tend to evaluate employment effects higher than the income effects from resort-related development. (2) Pollution, forest demolition, general price increase, and traffic congestions are more serious than ever reported. (3) Willingness to participate in resort development is high, but is discouraged by the lack of regional capital. Based on these findings, we suggest some future directions of tourist industry: (1) blocking the leakage of income produced in tourist and tourist industry, (2) connection between fishery and tourist industry, (3) development of tourist route, and (4) administrative reshuffling that helps joint development between private and public sectors.

  • PDF

Analysis of the Ripple Effect of Digital Transformation in the Shipbuilding & Offshore Plant Industry (조선해양플랜트산업의 디지털 전환에 따른 파급효과 분석)

  • Young-Gyu Lee;Woon-Seek Lee;Se-Hoon Park;Young-Seok Ock
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.46 no.spc
    • /
    • pp.9-18
    • /
    • 2023
  • In the global manufacturing industry, digital transformation is emerging as an important issue for companies to improve productivity and strengthen industrial competitiveness. The government and shipbuilding companies drive research and development to attain advanced technologies through digital transformation for shipbuilding & offshore plants, one of Korea's representative manufacturing industries. Therefore, the digital transformation of the shipbuilding & offshore plant industry was defined using an input-output analysis model, and the economic interrelationships of industries linked to the digital transformation of the shipbuilding & offshore plant industry were analyzed. According to the analysis, the shipbuilding & offshore plant industry ranks second among all 34 industries regarding the forward linkage effect. The backward linkage effect was ranked 27th, making it a mid-demand industry with a robust forward linkage effect. In addition, the production-induced effect was 0.455, the value-added-induced effect was 0.174, and the employment-induced effect was 1.779 people per billion won. The contribution of this study is that it will provide the basis for establishing policies necessary to strengthen the competitiveness of the shipbuilding & offshore plant industry. Also, it will help analyze the economic effects of digital transformation in other manufacturing industries.