• Title/Summary/Keyword: Forward Linkage Effect

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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
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    • v.46 no.spc
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    • pp.9-18
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    • 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.

An Analysis of Economic Ripple Effect on the Knowledge Service Industry (지식서비스산업의 경제적 파급효과 분석)

  • Kim, Pang-Ryong;Kim, Young-Eun
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.18 no.4
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    • pp.771-778
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    • 2014
  • In this study, we have measured the effects on production inducement, added value inducement, employment inducement and backward and forward linkage regarding the knowledge service industry in Korea. It turns out that the knowledge service industry greatly contributes to increase of added value and employment creation while highly withholds to effect on production inducement and backward and forward linkage effects. In recent, government seeks out new growth driver out of the knowledge service industry. We have found the fact that its direction should be 'production growth of the knowledge service industry' through this study.

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
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    • v.7 no.1
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    • pp.59-68
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    • 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.

A Study on the Linkage Effects of Software Industry in Korea and the US (한국과 미국 소프트웨어 산업의 경제적 파급효과 분석 연구)

  • Mun, Jun-Hwan;Kim, Jong-Hyeon
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.22 no.4
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    • pp.185-194
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    • 2022
  • The software industry makes it possible to converge science and Information and Communication Technologies (ICT), create new markets, and create jobs. It is a key industry in the 21st century knowledge and information age, which is growing very rapidly. This study uses Input-output analysis to derive Linkage effect of the software industry in Korea and the United States (US), and compares the result with CO2 inducement effect to verify whether the industry meets the low carbon emission development strategy. As the result of this study, first, the software industries in Korea and the US are confirmed to have large influences on the national economy. Second, the Korean software industry has a low Forward linkage effect, so it is less affected by the output of other industries. On the other hand, in the US, it has a high Forward linkage effect and can induce a lot of output in others. Third, CO2 inducement effects of the industry in Korea and the US are both low, confirming that the industry is suitable for a sustainable future.

Economic Effects of South Korea's Smart Healthcare Industry (S-헬스케어산업의 경제적 파급효과 분석)

  • Ahn, Jeong-Min;Suh, Jeong-Kyo
    • The Korean Journal of Health Service Management
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    • v.11 no.2
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    • pp.55-64
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    • 2017
  • Objectives : Recently, concerns about the smart healthcare industry has increased worldwide. This study estimates the economic effects of the smart healthcare industry by employing input-output analysis. Methods : In this study, $29{\times}29$ sector statistics were also used as the major research method for the industry. The main analysis tools of this study, thus, included a comparison of backward and forward-linkage effects and the inducement effects of the own-industry and other industries, as well as inducement coefficients, including production, value-added, employee's pay, operating surplus, production tax, and employment. Results : The results of the analysis show that the industry has an immense economic impact, affecting major macroeconomic factors including value-added and forward - linkage effects. Additionally, the inducement effects of the smart healthcare industry are significant compared to other industries in terms of production, employee's pay, operating surplus, production tax, and employment. Conclusions : The smart healthcare industry is a growth engines for national development, because it is the industry of high value-added services. This paper offers alternatives for efficient industrial policies.

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
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    • v.6 no.3
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    • pp.219-229
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    • 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.

Economic Effects of the Port Industries (항만산업의 경제적 파급효과)

  • Kim, An-Ho;Gi, Seong-Rae
    • Journal of Korea Port Economic Association
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    • v.21 no.4
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    • pp.141-160
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    • 2005
  • This paper estimate and analyze the economic effect of the port industries as well its production inducement coefficient, effect ratio and response ratio using above-mention input-output analysis. The results of analysis is that the production inducement effects and the forward and backward linkage effects of port industries sectors are evaluated low evaluations. This results is not the port industry doesn't have low effects and low contributions to Korea economy, port industries are more used in the field of export and import sectors than domestic demand and supply sectors. Accordingly, the import inducement coefficients of shipping industry is most high among the 404 detailed sectors.

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A Comparative Study on Economic Effects on the Korean Economy by Transport Mode Using Input-Output Analysis (산업연관분석에 의한 운송부문별 국민경제적 파급효과의 상호비교 분석)

  • Lee, Tae-Woo;Chang, Young-Tae;Shin, Sung-Ho
    • Proceedings of the Korea Port Economic Association Conference
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    • 2006.08a
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    • pp.103-124
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    • 2006
  • This paper is concerned with a comparative study on the economic effects upon the Korean economy by transport mode, ie road, rail, air, and coastal and inland water transportation between 1990 and 2000, using input-output analysis. The economic effects consist of backward and forward linkage effects, production inducing and import-inducing effects. The data employed for this study come from the Bank of Korea database for Input-Output structure of the Korean economy. The major findings in this study are, among others:(1) the power of dispersion(=backward linkage effect) of coastal and inland water transportation sector is the highest among the four transport sectors, while road cargo transport mode showed the highest the degree of sensitivity (=forward linkage effect); (2) rail cargo transport recorded the highest production inducing effects; and (3) air transport mode achieved the highest ranking in the import-inducing effects.

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The Study on Economic Effects of the Coastal and Inland Water Transportation Sector upon the Korean Economy using Input-Output Analysis (산업연관분석을 이용한 우리나라의 연안 및 내륙수상운송 부문의 국민경제적 파급효과 분석에 관한 연구)

  • Chang, Young-Tae;Lee, Tae-Woo;Kim, Seong-Gon;Shin, Sung-Ho
    • Journal of Korea Port Economic Association
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    • v.22 no.2
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    • pp.35-60
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    • 2006
  • This paper uses input-output techniques to analyze the impacts of the coastal and inland water transportation (CIWT) upon the Korean economy between 1990 and 2000. The impacts were identified by means of backward and forward linkages effects, production inducing and import-inducing effects, and commodity prices repercussion effects of the coastal and inland water transportation. The data of this study come from The Bank of Korea databases for Input-Output Structure of the Korean economy. The major findings in this study can, among others, be summarized: that the power of dispersion(=backward linkage effect) and the degree of sensitivity (=forward linkage effect) of CIWT are higher than those of the deep sea transportation sector and that it has higher production-inducing effect than the average of total industries, while it has lower import-inducing effect than the average of total industries.

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Input-output Analysis for Pulp, Paper and Paper Product Industries (펄프, 종이 및 종이제품의 국민경제 기여도 분석)

  • Kim, Chul-Hwan;Moon, Ji-Min;Kim, Eui-Gyeong;Ahn, Byeong-Il
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.42 no.4
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    • pp.45-55
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    • 2010
  • In order to investigate the structures and growth patterns of pulp and paper industries of Korea, the input-output tables of the year 1995, 2000, 2005 and 2007 were analyzed in this papers. The production inducement coefficients of these industries have grown during the designated period. In 2007, the value of production induced by pulp industry was estimated to be 343,8 billion won. Paper and paper product industries were estimated to induce the production of other industries by 7,281,6 and 8,515.9 billion won, respectively. The import inducement effect of pulp industry was estimated to be larger than that of paper and paper product industries. Analysis on the forward linkage effects indicated that paper and paper product industries were more sensitive to the change in demand of other industries than pulp industry.