• East Asian Economic Review
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• v.18 no.1
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• pp.55-81
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• 2014

This study aims to answer two questions using input-output decomposition analysis: 1) Have emerging Asian economies decoupled? 2) What are the sources of structural changes in gross outputs and value-added of emerging Asian economies related to the first question? The main findings of the study are as follows: First, since 1990, there has been a trend of increasing dependence on exports to extra-regions such as G3 and the ROW, indicating no sign of "decoupling", but rather an increasing integration of emerging Asian countries into global trade. Second, there is a contrasting feature in the sources of structural changes between non-China emerging Asia and China. Dependence of non-China emerging Asia on intra-regional trade has increased in line with strengthening economic integration in East Asia, whereas China has disintegrated from the region. Therefore, it can be said that China has contributed to no sign of decoupling of emerging Asia as a whole.

• Economic Analysis
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• v.26 no.4
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• pp.65-97
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• 2020

The purpose of this paper is to analyze the effects of exports on Korea's employment and to decompose driving factors of change in Korea's employment embodied in exports (EEX). This study uses a multi-regional input-output (MRIO) and structural decomposition analysis (SDA) for empirical analysis, and uses a dataset of World Input-Output Tables (WIOTs) and Socio-Economic Accounts (SEAs) from the World Input-Output Database (WIOD). The main findings of the empirical results are summarized as follows. First, Korea's EEX continues to increase and Korea's share of EEX compared to total employment shows an upward trend. However, Korea's employment inducement coefficient of value-added exports showed a downward trend during the 2000-2014 period. Second, final demand from three countries (China, the United States, and the Rest of the World (RoW)) has affected a significant portion of Korea's EEX. Finally, from the results of the SDA, the effect of changes in final demand was the most important driving factor for the increase in Korea's EEX. Based on the results of this empirical analysis, this study discusses useful policy implications that could increase domestic employment in Korea.

• Korea Trade Review
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• v.46 no.1
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• pp.83-111
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• 2021

This paper conducts a Structural Dcomposition Analysis on the structure of factors contributing to the output growth of Korean Maritime and Port Industry during year 2000~ year 2017. Some of results are as follows. The output growth rates of the industry (yearly average 4.3%) was far lower than the average growth rates of Service as well as of Manufacturing Industries (yearly average 9% and 6.8%, respectively) due to the lower output growth of Maritime Industry. Among the growth contributing factors, change in domestic demand for final goods is the first contributing factor, and then change in technology, change in export and import substitution for intermediate goods are followed in order, but import substitution for final goods decreased its output. However, in each respective sub-periods of pre-global financial crisis and post-global financial crisis, change in the export, especially change in the export of Maritime Industry is the dominant determinant of output change in the Maritime and Port Industry in opposite ways. In the periods of the former the increase in the export of Maritime Industry overwhelmingly led the output growth of the Maritime and Port industry, but in the periods of the latter the decrease in its export was the culprit of lower output growth of the industry. On the other hand, among all industries of service and manufacturing sectors, Wholesale and Retail industry is the leading industry in contributing to the output growth of the Maritime and Port Industry, and Transportation Equipment industry is the leading industry among all manufacturing industries.

• Journal of Information Technology Applications and Management
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• v.31 no.4
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• pp.75-97
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• 2024

This paper conducts the input-output structural decomposition analysis on the growth of ICT industry during year 2000~2019. The novel feature of this study is to dissect the economy-wide collective growth contributions into industry by industry contributions. The main results are as follows. First, the growth of ICT manufacturing industry has excessively depended on its own export and import-substitution of intermediate goods, while the growth of ICT service industry has heavily depended on its own domestic final goods demand. Second, for the growth of ICT manufacturing industry, its own contribution is about 79%, and the contributions of non-ICT service and manufacturing industries respectively are 11% and 9%, but the contribution of ICT service industry is only about 1%. For the growth of ICT service industry, its own contribution is about 61%, and the contributions of non-ICT service and non-manufacturing industries respectively are about 33% and 5%, but, surprisingly, the contribution of ICT manufacturing industry is less than 1%. Third, the contributions of non-ICT manufacturing and service industries to the growth of both ICT industries have been done mainly through increase in export and domestic final goods demand together with change in the structure of input technology.

• Smart Structures and Systems
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• v.16 no.5
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• pp.919-935
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• 2015

The Hilbert-Huang transform (HHT) consists of empirical mode decomposition (EMD) and Hilbert spectral analysis. EMD has been successfully applied for identification of mode shapes of structures based on input-output approaches. This paper aims to extend application of EMD for output-only identification of mode shapes of linear structures. In this regard, a new simple and efficient method based on band-pass filtering and EMD is proposed. Having rather accurate estimates of modal frequencies from measured responses, the proposed method is capable to extract the corresponding mode shapes. In order to evaluate the accuracy and performance of the proposed identification method, two case studies are considered. In the first case, the performance of the method is validated through the analysis of simulated responses obtained from an analytical structural model with known dynamical properties. The low-amplitude responses recorded from the UCLA Factor Building during the 2004 Parkfield earthquake are used in the second case to identify the first three mode shapes of the building in three different directions. The results demonstrate the remarkable ability of the proposed method in correct estimation of mode shapes of the linear structures based on rather accurate modal frequencies.

• 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.

• Environmental and Resource Economics Review
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• v.20 no.2
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• pp.255-289
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• 2011

This study made linked Energy IO Table 00-05-08 of 76 sectors in intermediate sectors and analyzed structural decomposition analysis in energy consumption change in industrial sector with both by aggregate data and micro data. Structural decomposition analysis focused value added level change, value added share change of each industry, output structural change of each industry and energy intensity change of each industry as factors. Supply side model based on Ghosh inverse matrix was applied as empirical model because Korea has export driven industrial structure. Empirical results with aggregate data showed that value added change increased energy consumption and output structural change of each industry decreased energy consumption in both 2000~2005 and 2005~2008. However value added share change and energy intensity change caused opposite direction in energy consumption change with time. Policy based on aggregate data can not evaluate effort of each industry in energy efficiency and make effective results because aggregate data delete character of each industry.

• Environmental and Resource Economics Review
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• v.15 no.1
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• pp.27-50
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• 2006

We estimate $CO_2$ emissions in Korea industry, 1990 and 2000 using a commodity- by-industry IO model ($CO_2$ hybrid IO mode]). Estimated $CO_2$ emissions in industries include both $CO_2$ emissions from direct and indirect consumption. The results show that total $CO_2$ emissions has increased by 51.6 million TC (Tonne of Carbon) from 64.4 million TC in 1990 to 115.5 million TC in 2000. By applying the structural decomposition analysis technique, we decompose change of $CO_2$ emissions in Korea industry between the period 1990~2000. In the decomposition, we figure out two contributing factors, changes in $CO_2$ coefficient and changes in final demand. The latter is further decomposed as growth effects and structural effects. We also estimated each factor's contribution to the changes in $CO_2$ emissions in industries between 1990~2000. The analysis can be used as a useful resource for policy makers in improving the effectiveness of $CO_2$ emissions mitigation policy.

• East Asian Economic Review
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• v.28 no.1
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• pp.37-67
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• 2024

This paper analyses carbon emissions and value-added embodied in trade between two large developed countries, South Korea and the United States, during 2000-2014. Using multi-regional input-output (MRIO) tables, our analysis reveals that carbon emissions and value-added embodied in exports grew by 19% and 101% for South Korea but shrank by 43% and 7% for the United States. As a result, South Korea experienced a 40% increase in net carbon exports and 243% increase in net value-added exports. At the industry level, the primary drivers of changes in carbon exports were electricity and basic materials. The majority of industries in witnessed improvements in carbon intensities suggesting improved environmental efficiency. While both countries achieved a decoupling of carbon emissions from value-added exports, substantial year-to-year and sectoral variations were observed. Finally, structural decomposition analysis indicates that domestic supply-side factors played a role in decreasing emissions whereas foreign demand-side factors contributed to emissions increases. In line with the main findings, various implications for policy and future research are discussed.

• Journal of Energy Engineering
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• v.21 no.2
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• pp.158-167
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• 2012

The purpose of this paper is to examine the factors that encouraged the industrial growth of Koran city gas industry during 1995-2009, by carrying out input-output structural decomposition analysis(IO-SDA) using Syrquin's model. The results show that the main factors which contributed to the growth of the Korean city gas industry are final domestic demand(48.4%) and technological change(38.6%). By examining the results for the three periods of 1995-2000, 2000-2005, and 2005-2009, the tendency of changes between the two main factors is drawn. In contrast to the drastic decreasing tendency of the final domestic demand's contribution to the growth, 84.5%, 18.9%, and 15.4%, respectively for each period, there is an increasing tendency for technological change as seen by the results of 7.4%, 70.0%, and 42.2%, respectively. These findings may be a result from the fact that the rate of gas supply in the residential sector has been saturated recently. They are also reflective of the energy consumption trend of industrial activities as there has been a shift in the approach for supplying energy, from the traditional approach which use fossil fuels to the newer approach which uses environmentally friendly energy sources. For the continued growth of the city gas industry, policymakers sould consider greater investment in the expansion of city gas supply infrastructure for industrial activities rather than for the residential sector.