• Title/Summary/Keyword: Forward Linkage

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Analysis of Industrial Linkage Effects for Farm Land Base Development Project -With respect to the Hwangrak Benefited Area with Reservoir - (농업생산기반 정비사업의 산업연관효과분석 -황락 저수지지구를 중심으로-)

  • Lim, Jae Hwan;Han, Seok Ho
    • Korean Journal of Agricultural Science
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    • v.26 no.2
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    • pp.77-93
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    • 1999
  • This study is aiming at identifying the foreward and backward lingkage effects of the farm land base development project. Korean Government has continuously carried out farmland base development projets including the integrated agricultural development projects. large and medium scale irrigation projects and the comprehensive development of the four big river basin including tidal land reclamation and estuary dam construction for the all weather farming since 1962. the starting year of the five year economic development plans. Consequently the irrigation rate of paddy fields in Korea reached to 75% in 1998 and to escalate the irrigation rate, the Government had procured heavy investment fund from IBRD. IMF and OECF etc. To cope with the agricultural problems like trade liberalization in accordance with WTO policy, the government has tried to solve such problems as new farmland base development policy, preservation of the farmland and expansion of farmland to meet self-sufficiency of foods in the future. Especially, farmland base development projects have been challanged to environmental and ecological problems in evaluating economic benefits and costs where the value of non-market goods have not been included in those. Up to data, in evaluating benefits and costs of the projects, farmland base development projects have been confined to direct incremental value of farm products and it's related costs. Therefore the projects'efficiency as a decision making criteria has shown the low level of economic efficiencies. In estimating economic efficiencies including Leontiefs input-output analysis of the projects could not be founded in Korea at present. Accordingly this study is aimed at achieving and identifying the following objectives. (1) To identify the problems related to the financial supports of the Government in implementing the proposed projects. (2) To estimated backward and foreward linkage effects of the proposed project from the view point of national economy as a whole. To achieve the objectives, Hwangrak benefited area with reservoir which is located in Seosan-haemi Disticts, Chungnam Province were selected as a case study. The main results of the study are summarized as follows : a. The present value of investment and O & M cost were amounted to 3,510million won and the present value of the value added in related industries was estimated at 5.913million won for the period of economic life of 70 years. b. The total discounted value of farm products in the concerned industries derived by the project was estimated at 10,495million won and the foreward and backward linkage effects of the project were amounted to 6,760 and 5,126million won respectively. c. The total number of employment opportunities derived from the related industries for the period of project life were 3,136 man/year. d. Farmland base development projects were showed that the backward linkage effects estimated by index of the sensitivity dispersion were larger than the forward linkage effect estimated by index of the power of dispersion. On the other hand, the forward linkage effect of rice production value during project life was larger than the backward linkage effect e. The rate of creation of new job opportunity by means of implementing civil engineering works were shown high in itself rather than any other fields. and the linkage effects of production of the project investment were mainly derived from the metal and non-metal fields. f. According to the industrial linkage effect analysis, farmland base development projects were identified economically feasible from the view point of national economy as a whole even though the economic efficiencies of the project was outstandingly decreased owing to delaying construction period and increasing project costs.

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Monetary Policy Rule under Inflation Targeting in Mongolia

  • Taguchi, Hiroyuki;Khishigjargal, Erdenechuluun
    • East Asian Economic Review
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    • v.22 no.4
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    • pp.531-555
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    • 2018
  • This article aims to review the monetary policy rule under inflation targeting framework focusing on Mongolia. The empirical analysis estimates the policy reaction function to see if the inflation targeting has been linked with a monetary policy rule emphasizing on inflation stabilization since its adoption in 2007. The study contributes to the literature by examining the linkage between Mongolian monetary policy rule and inflation targeting directly and thoroughly for the first time and also by taking into account a recent progress in the inflation targeting framework toward forward-looking mode. The main findings were: the Mongolian current monetary policy rule under inflation targeting is characterized as inflation-responsive rule with forward-looking manner (one quarter ahead); the inflation responsiveness is, however, weak enough to be pro-cyclical to inflation pressure; and the rule is also responsive to exchange rate due to the "fear of floating", which weakens the policy reaction to inflation and output gap.

The Impact of Enterprise R&D Investment on Inter-industry Technology Spillover in Korea under the new Normal Era (뉴 노멀 시대하 한국기업의 R&D투자가 산업간 기술파급에 미치는 영향)

  • Kim, Seon Jae;Lee, Younghwa
    • The Journal of the Korea Contents Association
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    • v.13 no.2
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    • pp.390-399
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    • 2013
  • The purpose of this study is to examine the impact of enterprise R&D investment on inter-industry technology spillover in Korea under the new Normal Era. In order to do this, we tested the effect of production inducement, backward and forward linkage effects, and the effect of technology spillover such as technology intensity effects and technology diffusion effects based on an input-output framework. The results show that the high index industries of the production inducement effect were professional, scientific and technical activities, manufacture of metal products, and general machinery. Some manufacturers of other non-metallic mineral products and transport equipment sectors appeared to have the strong effect of forward and backward linkages that were almost equivalent to high-tech manufacturing industries. In particular, the industries of professional, scientific and technical activities appeared to have the strong effect of both forward and backward linkages. Therefore, we need to drive a strong policy support to higher enterprise R&D investment in the those particular industries not only to increase global competitiveness, but also to widen up the technology spillover effect on other industries.

A Study on the Characteristics of the U-City Industry Using the I-O Tables (산업연관분석을 이용한 U-City 산업의 특성 고찰)

  • Lim, Si-Yeong;Lim, Yong Min;Hwang, Byung Ju;Lee, Jae Yong
    • Spatial Information Research
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    • v.21 no.1
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    • pp.37-44
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    • 2013
  • This study sets the boundary of U-City industry based on expert surveys. Based on this U-City industry boundary, an appropriate inter-industry analysis is performed. The result shows production inducement coefficients, value added inducement coefficients, employment & enter employment inducement coefficients, influence coefficients and induction coefficients. Based on these coefficients, overall characteristics and spillover effects of U-City industry are examined. The result of this study shows that U-City industry has bigger value added-induced effects and employee-induced effects than other industry. The result also shows that U-City industry also has a great forward linkage effect. This study has a meaning that could be used to make political decisions as a basic data.

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.

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.

The Economic Impacts of Pacific Ocean Deep-sea Manganese Nodule Development Project (태평양 심해저 망간단괴 개발사업의 경제적 파급효과)

  • Yoo, Seung-Hoon;Jeong, Dong-Won;Park, Se-Hun
    • Ocean and Polar Research
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    • v.32 no.4
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    • pp.489-499
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    • 2010
  • The securing of raw material is an important requirement for economic development. Many countries, including Korea, actively seek out a stable supply of minerals such as manganese. Manganese nodules are rock concretions on the sea bottom formed of concentric layers of iron and manganese hydroxides around a core and include several strategic minerals necessary for economic development. In particular, the manganese nodule development project (MNDP) plays an important role in the Korean national economy. This study attempts to apply input-output (I-O) analysis in investigating the economic impacts of the MNDP in the Korean national economy. A static I-O framework was employed, focusing on four topics in its application; the production-inducing impacts, the value-added-inducing impacts, the employment-inducing impacts and R&D-inducing impacts of MNDP investments on other sectors. To this end, several versions of the demand-driven models are utilized. In addition, inter-industry linkage analysis is performed to obtain information on the forward and backward linkage effects of industries, including MNDP, to quantify the strength of causation among these industries.

The Contribution for Industry of Renewable Energy Human Resource Development Programs using Supply-Side Input-Output Model (인력공급지장의 측면으로 본 신재생에너지 인력양성의 산업기여도 분석)

  • Lee, You-Ah;Kim, Jin-Soo;Heo, Eun-Nyeong
    • 한국신재생에너지학회:학술대회논문집
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    • 2009.11a
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    • pp.264-269
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    • 2009
  • 신재생에너지기술 개발인력 확보는 국가의 지속적인 성장을 가능하게 하는 주요 요인이다. 본 연구에서는 신재생에너지인력양성이 원활하게 공급되지 않았을 경우 발생할 수 있는 인력공급지장효과를 분석하기 위하여 산업연관분석의 공급유도모형을 유도하고 2006년 신재생에너지 인력양성사업 배출인원을 기준으로 실증분석을 실시하였다. 또한 공급유도형의 감응도 계수와 영향력계수 분석을 통해 신재생에너지 관련 사업과 타 산업간의 전후방연쇄효과를 비교분석하였다. 연구 수행 결과 신재생에너지 관련 산업의 평균 영향력 계수는 1.37, 평균 감응도 계수는 0.96으로 최종 수요적 제조업의 성격을 띠고 있는 것으로 나타났다. 또한, 2006년 신재생에너지 인력양성사업에 의해 배출된 336명의 인력이 공급되지 않았을 경우 공급지장비용은 총 230억이며, 8개 신재생에너지원 중 태양열과 연료전지에 인력 공급지장비용이 타 에너지원에 비해 상대적으로 높은 것으로 분석되었다. 산업분류 기준으로는 일반목적용 기계산업과 전기기계 장치 산업이 신재생 에너지 인력공급 장애에 따른 지장비용이 높은 것으로 분석되었다.

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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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Analyzing the Industrial Contribution of Human Resource Development Programs in Renewable Energy Sector using Supply-side Input-Output Model (인력공급지장의 측면으로 본 신재생에너지 인력양성의 산업기여도 분석)

  • Lee, You-Ah;Kim, Jin-Soo;Heo, Eun-Nyeong
    • New & Renewable Energy
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    • v.5 no.4
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    • pp.68-73
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    • 2009
  • 국가 에너지 안보 확보와 친환경적이고 지속적인 '저탄소 녹색성장'의 기반을 마련한다는 측면에서 신재생에너지 분야의 인력양성은 시급하고도 중요한 당면 과제이다. 본 연구에서는 신재생에너지인력양성이 원활하게 공급되지 않았을 경우 발생할 수 있는 인력공급지장효과를 분석하기 위하여 산업연관분석의 공급유도모형을 유도하고 2006년 신재생에너지 인력양성사업 배출인원을 기준으로 실증분석을 실시하였다. 또한 공급유도형의 감응도 계수와 영향력계수 분석을 통해 신재생에너지 관련 사업과 타 산업 간의 전후방연쇄효과를 비교분석하였다. 연구 수행 결과 신재생에너지 관련 산업의 평균 영향력계수는 1.37, 평균 감응도 계수는 0.96으로 최종 수요적 제조업의 성격을 띠고 있는 것으로 나타났다. 또한, 2006년 신재생에너지 인력양성사업에 의해 배출된 336명의 인력이 공급되지 않았을 경우 공급지장비용은 총 230억이며, 8개 신재생에너지원 중 태양열과 연료전지에 인력 공급지장비용이 타 에너지원에 비해 상대적으로 높은 것으로 분석되었다. 산업분류 기준으로는 일반목적용 기계 산업과 전기기계 장치 산업이 신재생 에너지 인력공급 장애에 따른 지장비용이 높은 것으로 분석되었다.

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