• Title/Summary/Keyword: Input-Output analysis

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Revisiting the Role of Imported Inputs in Asian Economies

  • Woocheol Lee
    • Journal of Korea Trade
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    • v.27 no.5
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    • pp.113-136
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    • 2023
  • Purpose - Global production chains and their impacts on economic growth have drawn extensive attention from researchers. Close relationships among global production chains, export and economic growth have been illuminated, as evidenced by the fast and stable economic growth of East Asian economies. These economies perform various roles within global production chains using offshoring, in which the impact of import on domestic gross output is as strong as that of export. The impact of import on economic growth would depend on whether imported inputs substitute or complement domestic inputs production, which is likely to vary according to individual countries' functions within global production chains. The economic growth of concerned countries would also be diverse. However, little attention has been paid to the impact brought by imports compared to its significance. Design/methodology - The principal methodology used in this paper is structural decomposition analysis (SDA), widely chosen to elucidate the impact of various factors on domestic gross output using input-output tables. This paper extracts trade data of six Asian economies from the World Input-Output Database (WIOD) 2016 release that covers 43 countries for the period 2000-2014. The extracted data is then categorised into 37 sectors. First, this paper calculates the Feenstra-Hanson Offshoring Index (OSI) of each country. It then applies SDA to measure the changes in each economy's gross output, export, import input coefficients, and domestic input coefficients. Finally, after taking the first difference from pooled time-series data, it estimates the correlations between imported input coefficients and OSI using the ordinary least square (OLS) method. Findings - The main findings of this paper can be summarised as follows. Firstly, all six countries have increasingly engaged in global production chains, as evidenced by the growing size of OSI. Secondly, there are negative correlations in five countries except Japan, with sectoral differences. Thirdly, changes in import input coefficients are not negative in all six countries, indicating that offshoring does not necessarily substitute for domestic inputs production but does complement it and, therefore, fosters their economic growth. This is observed in China, Indonesia, Korea and Taiwan. Offshoring has led to an increase in the use of imported inputs, which has, in turn, stimulated domestic inputs production in these countries. Originality/value - While existing studies focus on the role of export in evaluating the impact of participating global production chains, this paper explicitly examines the unexplored impact of import on domestic gross output by considering both the substitution and the complementary effect, using the WIOD. The findings of this paper suggest that Asian economies have achieved fast and stable economic growth not only through successful export management but also through effective import management within global production chains. This paper recommends that the Korean government and enterprises carefully choose offshoring strategies to minimise disruption to domestic production chains or foster them.

Derivation of uncertainty importance measure and its application

  • Park, Chang-K.
    • Proceedings of the Korean Operations and Management Science Society Conference
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    • 1990.04a
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    • pp.272-288
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    • 1990
  • The uncertainty quantification process in probabilistic Risk Assessment usually involves a specification of the uncertainty in the input data and the propagation of this uncertainty to the final risk results. The distributional sensitivity analysis is to study the impact of the various assumptions made during the quantification of input parameter uncertainties on the final output uncertainty. The uncertainty importance of input parameters, in this case, should reflect the degree of changes in the whole output distribution and not just in a point estimate value. A measure of the uncertainty importance is proposed in the present paper. The measure is called the distributional sensitivity measure(DSM) and explicitly derived from the definition of the Kullback's discrimination information. The DSM is applied to three typical discrimination information. The DSM is applied to three typical cases of input distributional changes: 1) Uncertainty is completely eliminated, 2) Uncertainty range is increased by a factor of 10, and 3) Type of distribution is changed. For all three cases of application, the DSM-based importance ranking agrees very well with the observed changes of output distribution while other statistical parameters are shown to be insensitive.

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Application of Input-Output Table to Estimate of Amount of Energy Consumption and CO2 Emission Intensity in the Construction Materials -Focusing on Input-Output Tables Published in 2005, 2007- (건축공사 주요자재별 에너지소비량 및 CO2 배출 원단위 값 산출에 산업연관표 적용 적정성 검토 연구 -2005년, 2007년 산업연관표를 중심으로-)

  • Jung, Young-Chul;Kim, Sung-Eun;Jang, Young-Jun;Kim, Tae-Hui;Kim, Gwang-Hee
    • Journal of the Korea Institute of Building Construction
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    • v.11 no.3
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    • pp.247-255
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    • 2011
  • Currently, there is database for per unit requirements of major construction materials in terms of energy consumption and $CO_2$ emission based on the input-output table published by the Bank of Korea in 2000, but no database for per unit requirements based on input-output tables was published in 2005 and 2007. The purpose of this study was to calculate the unit requirement values of major construction materials in terms of energy consumption and $CO_2$ emission generated by using the input-output tables published in 2005 and 2007. To estimate the unit requirement values, a database building method with the input-output tables was adopted by selecting 16 types of construction materials in wide use on construction sites. When the study results were compared with existing unit requirement values based on the input-output table of 2000, there were small discrepancies, from which it can be interpreted that the method used in the study is reasonable. Unit requirement values estimated based on input-output tables of 2005 and 2007 tended to decrease, and the highest value of energy consumption and $CO_2$ emission were found in the materials using cement and rebar.

Runoff Analysis Using the Discrete, Linear, Input-Output Model (선형 이산화 입력-출력 모형에 의한 유출해석)

  • Kwak, Ki Seok;Kang, In Shik;Jeong, Yeon Tae;Kang, Ju Bok
    • KSCE Journal of Civil and Environmental Engineering Research
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    • v.14 no.4
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    • pp.859-866
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    • 1994
  • It is difficult to make an exact estimate of the peak discharge or the runoff depth of flood and establish the proper measure for the flood protection since the water stage or discharge has been nearly measured at most medium or small river basins. The objective of this study is to estimate parameters of the discrete, linear, input-output model for medium or small river basin. The On-Cheon River basin in Pusan was selected for the study area. The runoff data used in the study has been observed since June 1993, and the effective rainfall was determined using the storage function method. The parameter sets of the discrete, linear, input-output model were estimated using the least squares method and the correlation function method, respectively. The calculated hydrographs by the discrete, linear, input-output model regenerated the observed outflow hydrographs well, and also the simulated flood hydrograph was comparable to the observed one. Therefore, it is believed that the discrete, linear, input-output model is simpler than other runoff analysis methods, and can be applied to a medium or small river basin.

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Multi-period DEA Models Using Spanning Set and A Case Example (생성집합을 이용한 다 기간 성과평가를 위한 DEA 모델 개발 및 공학교육혁신사업 사례적용)

  • Kim, Kiseong;Lee, Taehan
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.45 no.3
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    • pp.57-65
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    • 2022
  • DEA(data envelopment analysis) is a technique for evaluation of relative efficiency of decision making units (DMUs) that have multiple input and output. A DEA model measures the efficiency of a DMU by the relative position of the DMU's input and output in the production possibility set defined by the input and output of the DMUs being compared. In this paper, we proposed several DEA models measuring the multi-period efficiency of a DMU. First, we defined the input and output data that make a production possibility set as the spanning set. We proposed several spanning sets containing input and output of entire periods for measuring the multi-period efficiency of a DMU. We defined the production possibility sets with the proposed spanning sets and gave DEA models under the production possibility sets. Some models measure the efficiency score of each period of a DMU and others measure the integrated efficiency score of the DMU over the entire period. For the test, we applied the models to the sample data set from a long term university student training project. The results show that the suggested models may have the better discrimination power than CCR based results while the ranking of DMUs is not different.

A Study on the Extracting the Core Input and Output Variables in Korean Seaports by DEA and PCA Approach (DEA와 PCA에 의한 항만의 핵심 투입-산출변수의 추출방법)

  • Park, Ro-Kyung
    • Journal of Navigation and Port Research
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    • v.30 no.10 s.116
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    • pp.793-800
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    • 2006
  • The purpose of this paper is to show a way for extracting the core input and output variable in Korean seaports by using principal component analysis and DEA(data envelopment analysis). Two inputs(birthing capacity, and cargo handling capacity) and three outputs(export cargo handling amount, import cargo handling amount, and number of ship calls), and three cross sectional data(1995, 2000, and 2004) for 26 Korean seaports are considered for measuring the efficiencies of 21 DEA models. 21 models can be treated as variables and efficiencies as observations for extracting the core inputs and outputs variables by using principal component analysis. An empirical main result indicates that core input variable is cargo handling capacity, and core output is the number of ship calls. The Korean seaport authority can adopt the DEA and principal component analysis for deciding the development and investment to each seaport.

Efficiency Evaluation of Welfare Facilities for the Elderly Applying AHP and DEA Techniques

  • Lee, Dong Su;Chang, In Hong
    • Journal of Integrative Natural Science
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    • v.8 no.4
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    • pp.293-304
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    • 2015
  • This study examined the factors which have influence on the welfare facilities for the elderly and analyzes their efficiency. It investigated theoretical studies and preceding studies and divided the efficiency evaluation factors into input and output factors. Input factors included budget, the number of workers and clients and facility area and output factors were operation management, the number of clients, profitability and welfare for the elderly. To sum up the analysis results of evaluation factors of welfare facilities for the elderly, the analysis of relative importance of input showed that budget was most important. As a result of analyzing the relative importance among detailed items, balance sheet and professional manpower were highest. Input factors by facility types showed that the budget for utility facilities and living facilities were highest. In output factors, utility facilities and living facilities were highest in management systematization and welfare for the elderly, respectively. In efficiency evaluation, utility facilities for the elderly showed 100% of efficiency in CCR and BCC models. In welfare facilities for the elderly, while CCR model showed 100% of efficiency in facility types A, C, D, and F, the efficiency was low in facility B (79.89%), E (77.14%), and G (80.72%). In BCC model, facility E was low as 78.69%. In efficiency comparison between utility facilities and living facilities for the elderly welfare, the efficiency of utility facilities for the elderly welfare was higher. Therefore, this study investigated the efficiency of welfare facilities for the elderly as its main purpose and presented policy suggestions based on the research results as the alternative.

A Study on sine-wave Input Current Correction of Single-Phase Buck Rectifier (단상 강압형 정류기의 정현파 입력전류 개선에 관한 연구)

  • Jung, S.H.;Lee, H.W.;Suh, K.Y.;Kwon, S.K.;Kim, Y.S.
    • Proceedings of the KIEE Conference
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    • 2001.10a
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    • pp.180-182
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    • 2001
  • Input Current Correction of Single-Phase Buck Rectifier is studied in the paper. To sinusoidal waveform the input current with a near-unity power factor over a wide variety of operating conditions, the output capacitor is operated with voltage reversibility for the supply by arranging the auxiliary diode and power switching device. Then the output voltage is superposed on the input voltage during on time duration of power switching devices in order to minimize the input current distortion caused by the small input voltage when changing the polarity. The tested setup, using two insulated-gate bipolar transistors(IGBT) and a microcomputer, is implemented and IGBT are switched with 20[kHz], which is out of the audible band. Moreover, a rigorous state-space analysis is introduced to predict the operation of the rectifier. The simulated results confirm that the input current can be sinusoidal waveform with a near-unity power factor and a satisfactory output voltage regulation can be achieved.

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An Input Feature Selection Method Applied to Fuzzy Neural Networks for Signal Estimation

  • Na, Man-Gyun;Sim, Young-Rok
    • Nuclear Engineering and Technology
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    • v.33 no.5
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    • pp.457-467
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    • 2001
  • It is well known that the performance of a fuzzy neural network strongly depends on the input features selected for its training. In its applications to sensor signal estimation, there are a large number of input variables related with an output As the number of input variables increases, the training time of fuzzy neural networks required increases exponentially. Thus, it is essential to reduce the number of inputs to a fuzzy neural network and to select the optimum number of mutually independent inputs that are able to clearly define the input-output mapping. In this work, principal component analysis (PCA), genetic algorithms (CA) and probability theory are combined to select new important input features. A proposed feature selection method is applied to the signal estimation of the steam generator water level, the hot-leg flowrate, the pressurizer water level and the pressurizer pressure sensors in pressurized water reactors and compared with other input feature selection methods.

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Analysis of Sensitivity, Correlation Coefficient and PCA of Input and Output Parameters using Fire Modeling (화재모델링을 이용한 입출력 변수의 민감도, 상관계수 분석과 주성분 분석)

  • Nam, Gi Tae;Kim, Jeong Jin;Yoon, Seok Pyo;Kim, Jun Kyoung
    • Journal of the Korean Society of Safety
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    • v.34 no.5
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    • pp.46-54
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    • 2019
  • Even though the fire performance-based design concept has been introduced for various structures and buildings, which have their own specific fire performance level, the uncertainties of input parameters always exist and, then, could reduce significantly the reliability of the fire modeling. Sensitivity analysis was performed with three limited input parameters, HRRPUA, type of combustible materials, and mesh size, which are significantly important for fire modeling. The output variables are limited to the maximum HRR, the time reaching the reference temperature($60^{\circ}C$), and that to reach limited visible distance(5 m). In addition, correlation coefficient analysis was attempted to analyze qualitatively and quantitatively the degree of relation between input and output variables above. Finally, the relationship among the three variables is also analyzed by the principal component analysis (PCA) to systematically analyze the input data bias. Sensitivity analysis showed that the type of combustible materials is more sensitive to maximum HRR than the ignition source and mesh size. However, the heat release parameter of the ignition source(HRR) is shown to be much more sensitive than the combustible material types and mesh size to both time to reach the reference temperature and that to reach the critical visible distance. Since the derived results can not exclude the possibility that there is a dependency on the fire model applied in this study, it is necessary to generalize and standardize the results of this study for the fire models such as various buildings and structures.