• Title/Summary/Keyword: Industry Input-Output Table

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Economic Impact Effect Analysis of Flounder Aquaculture Industry in Jeju (제주넙치 양식산업의 경제파급 효과분석)

  • Kim, Jin-Ock;Kang, Seok-Kyu
    • The Journal of Fisheries Business Administration
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    • v.42 no.1
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    • pp.85-96
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    • 2011
  • We have done the input-output analysis to see the over all impact of flounder industry of Jeju region on the domestic economy of Korea. To do the input-output analysis, we have constructed the data set for the input-output table by using the existing data set in the "2003 input- output table of Jeju regional area" published by the joint work of Jeju branch of Korea bank and the Jeju Development Institute, together with some raw data provided by Jejudo Marine Fish-Culture Cooperative. We have also produced input coefficient of flounder industry by making flounder industrial sector exogenous, separated from intermediate demand. To summarize our empirical results, the inducement effect of production, value added, and employment of Jeju flounder aquaculture industry are 300 billion won, 116 billion won and 1,800 people respectively. In conclusion, the results of this study suggest flounder industry of Jeju region contributes powerfully to not only Jeju economy but also all over the Korea economy.

Medical Tourism Industry in Kangwon Province and Its Economic Impacts on the Region

  • Zhu, Yan Hua;Kang, Joo Hoon;Jung, Yong-Sik
    • Journal of Korea Society of Industrial Information Systems
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    • v.19 no.3
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    • pp.115-125
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    • 2014
  • This paper has two purposes. The first is to suggest the new and simple method to derive a regional input-output model from the national input-output table published by the Bank of Korea. The interregional input-output table has not been devised in spite of its potential use while the national table has been made every five years with the revised version during each five years. Second, this paper aims to derive Kangwon interregional input-output model from the national model using the regional supply proportion of industry and to analyze the effect of medical tourism industry on the regional economy of Kangwon Province. The paper measures, in particular, the effect of medical tourism industry on the financial self-sufficiency of Kangwon Province using the estimated output elasticity of tax revenue with the autoregressive distributed lag scheme ADL(1,1) in which the dependent variable and the single explanatory variable are each lagged once.

A Study on the Inter-relations of Fishery Industry among Korea, China and Japan - An Application of Asian International Input-Output Table - (국제산업연관표를 이용한 한중일 3국간 수산업 상호의존관계 분석)

  • Shin, Seung-Sik;Koo, Kyoung-Mo;Oh, Yong-Sik
    • The Journal of Fisheries Business Administration
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    • v.39 no.3
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    • pp.67-90
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    • 2008
  • In this study, we aimed to build the basic calculation model for linkage effects of fishery industry among Korea, China and Japan. For the calculation, we reconstructed the asian international input-output table, and on the basis of the reconstructed table, we made some analyses on the inter-relations among 3 nations focusing fishery industry. As the results, some positive backward linkage offsets of the fishery industries were found among 3 nations, and especially, production inducing effect of Chinese fishery industry to Japanese supplier was remarkable.

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Induced Production Analysis for Photovoltaic Power Generation Equipment in Korea using Input-Output Table 2009 (산업연관표 2009를 이용한 태양광발전설비산업의 생산유발효과분석)

  • Kim, Yoon-Kyung
    • New & Renewable Energy
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    • v.8 no.1
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    • pp.8-17
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    • 2012
  • The Korean government pushed ahead various policies to disseminate photovoltaic (PV), wind power, small hydro, bio-fuel, etc. Renewable energy system (RES) budget of the Korean government increased from 118 billion won of 2003 to 876.6 billion won of 2010. The R&D budgetary supports for RES increased by 6.8 times in the period 2003-2010. It is necessary to confirm RES budget expenditure that renewable energy promotion policy makes good performance evaluated in quantity level. This paper made Input-Output Table 2009 contains photovoltaic power generation equipment industry as a dependent sector and analyzed induced production effect by demand of photovoltaic power generation equipment industry. From the empirical analysis result, additional demand in photovoltaic power generation equipment induced 1.932 times of induced production in Korea. Each of industry sector has positive induced production from the additional demand in photovoltaic power generation equipment. Renewable energy promotion in photovoltaic power generation is considered together with industry policy as the option to sustain economic growth.

The Economic Inducement Effects of Aviation Industry using Input-Output Model (투입산출모형을 통한 항공산업의 경제적 파급효과 분석)

  • Lee, Young-Soo;Yeo, Kyu-Hun
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.16 no.3
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    • pp.50-57
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    • 2008
  • This paper analyse the economic inducement effects of aviation industry using Input-Output Model. For measuring economic inducement effects of aviation industry on korean economy, this paper divides air transport industry as two - manufacturing industry and service industry. we also use Input-Output Table of year 1990 through 2003 from Bank of Korea. Empirical results tells that aviation manufacturing industry have high product inducement effects to national economy although its low value-added coefficient such as 0.486 for aviation manufacturing industry and 0.447 for aviation service industry. public R&D doesn't have much effect to each of aviation industries.

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A Study on International Trade of Water Transport Service using Social Network Analysis (소셜네트워크분석(SNA)을 활용한 수상운송서비스 무역 네트워크 분석 연구)

  • Seon-youl Park
    • Korea Trade Review
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    • v.47 no.3
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    • pp.75-92
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    • 2022
  • This study aims to analyze the International trade network of Water transport service using Social Network Analysis for defining the status of Korean Water transport industry. This study use World Input-Output Table of Asian Development Bank from 2000 to 2020 and build the International trade matrix of Water transport service from that. Therefore, this study analyze Out-degree centrality, In-degree centrality and betweenness centrality of Korea and other main countries in the matrix of World Water transport industry. As a result, Korea rank above 10th in the all centralities and the total output also rank 8th in the world, therefore, this study show the importance of Korean Water transport industry in the world. However, Singapore has the highest centrality in the world, even though China has the largest Total output among 63 countries.

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 Study on the Economic Impact of Focused on the Input-output Table in the FDI inflow (산업연관표를 이용한 국내 외국인직접투자의 경제적 파급효과 분석)

  • Ji, Young-Han
    • International Commerce and Information Review
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    • v.18 no.1
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    • pp.235-258
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    • 2016
  • This study is to arrange the amount of foreign direct investment(FDI) inflow into the country between 2011 and 2013, using the Input-output Table on the basis of the bench-mark table of the same period, based on the Industry Relation Table. As a result, the average amount of FDI inflow of the three years was estimated 15.3 trillion won, and the average gross product inducement amount 45.8 trillion won. The characteristic of FDI inflow is that it is weighted in the industries with the high index of the sensitivity of dispersion and the high index of the power of dispersion, such as chemical products, electric and electronic equipment and metal products. It is especially anticipated to attract FDI to the industry with the high index of the sensitivity of dispersion used as the intermediary product.

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The Economic Impacts of CCS Marine Geological Storage Demonstration Project on the National Economy using Input-output Analysis (이산화탄소 해양지중저장사업의 경제적 파급효과 분석)

  • Lee, Joo Suk;Choi, Eun Chul
    • Ocean and Polar Research
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    • v.38 no.1
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    • pp.71-79
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    • 2016
  • In this study, we attempt to examine the economic impacts of the CCS marine geological storage demonstration project in Korea using Input-Output analysis utilizing the inter-industry relation table issued in 2013. In particular, this study defines the $CO_2$ ocean storage industry and then added the inter-industry relation table and treated the $CO_2$ ocean storage industry as exogenous. In addition, this study assumed two scenarios based on the means of $CO_2$ transport, which are pipe and ship. After defining the industry and scenarios, this study investigates the production-inducing effect, value added inducing effect, and employment-inducing effect of the industries associated with the $CO_2$ ocean storage industry based on a demand-driven model. The results pertaining to the scenarios are estimated as follows: total production-inducing effects, value added inducing effects, and employment-inducing effects are calculated as 1.9044 won, 1.2487 won and 16.7224 people/billion won, respectively. In addition, compared to other industries, the indirect economic impacts of the $CO_2$ ocean storage industry are ranked high: the rankings of production-inducing effects, value added inducing effects, and employment-inducing effects are fourth, second, and fifth, respectively.

Estimating the Impacts of Air Transportation Industry on National Economy (항공운송산업의 국민경제 파급효과 분석)

  • Bae, Ki-Hyung
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.14 no.3
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    • pp.30-39
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    • 2006
  • The purpose of this study is to analyze how much Air Transportation Industry contribute to national economy by measuring economic spreading effects of Air Transportation Industry on national economy. To achieve the purpose of the study, the study uses an Air Transportation Input-Output Table of year 2000 of korea. The results shows that Air Transportation Industry induce 274,530.8 billion won of national production, import inducement 13,7073.7 billion won, value-added 110,994.9 billion won, especially Air Transportation Industry shows that production inducement coefficient is 1.36803, import inducement coefficient is 0.60581, value-added coefficient is 0.45189, income inducement coefficient is 0.18599 and employment inducement coefficient is 0.00841.

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