• Title/Summary/Keyword: Production Inducement

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Analysis of the Industrial Linkage between Manufacturing and Service Industries and Its Implications: Comparison of Seoul and Busan (지역별 제조업과 서비스업의 상호 연관성 분석과 시사점: 서울과 부산의 비교)

  • Yun, Kapsik
    • Journal of the Economic Geographical Society of Korea
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    • v.21 no.2
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    • pp.77-89
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    • 2018
  • The purpose of this paper is to analyze the industrial linkage between manufacturing and service industries in Seoul and Busan. In this paper, the industrial linkage between the manufacturing and the service industry is analyzed through input-output coefficient and production inducement coefficient. The results are as follows. First, the linkage of the service industry to the manufacturing in Seoul was higher than that of Busan. Second, Busan had a low input proportion of the service industry supplied by its own area to the manufacturing, so that the effect of the growth of Busan manufacturing on the regional economy is limited. Third, the linkage of manufacturing to service industry in Busan was found to be higher than that of Seoul. Finally, policy directions for improving the industrial linkage between manufacturing and service industries were suggested based on the results.

Regional Economic Effect of the Management Social Welfare Foundation - focused on Daegu Metropolitan City (사회복지법인 운영이 지역 경제에 미치는 파급효과 -대구광역시를 중심으로-)

  • Chae, Hyun-Tak;Im, Woo-Hyun;Kim, Young-Kil
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.19 no.7
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    • pp.375-383
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    • 2018
  • This study was carried out to grasp the economic effects of the social welfare foundation by establishing and operating it. For this purpose, the effects of the social welfare law of Daegu Metropolitan City on the regional economy were analyzed using the input-output analysis model. As a result, the effects of GDP was 43,445 billion won, the total value-added effect was 1,940 billion won, and the total employment inducement effect was 37,411. Based on these results, the future direction of the social welfare corporation is suggested as follows. First, it is necessary to shift the perception of consumer-oriented welfare toward welfare that contributes to the activation of the local economy. Second, efforts should be made to continuously expand employment linked to social welfare services, to create an environment where jobs can be created from a long-term perspective, and to establish a separate support system. Third, the value-added created by the social welfare foundation should be newly recognized and sought to be expanded in various fields. Fourth, efforts should be made to secure the legitimacy of social service provision and ensure accountability by appropriately promoting the economic ripple effects of social welfare foundation to the local community.

South Korean Demand for Tourism in North Korea and the Impact of their Expenses on the North Korean Regional Economy (한국인의 북한 관광의사와 북한 지역경제 효과)

  • Kim, Misuk;Seong, Taeyoung;Choi, Eunhee;Choi, Daesik
    • Land and Housing Review
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    • v.13 no.3
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    • pp.1-20
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    • 2022
  • This study analyses how much Korean visits to North Korea have an impact on the North Korean regional economy. It estimates the demand for North Korean tourism via the borders of North Korea, China, and Russia and South Korean expenses to be spent in North Korea. When asked if they are willing to visit North Korea within the next five years in case the pre-conditions of the visit to North Korea are satisfied, approximately 64.1% of the survey respondents indicated 'yes'. To estimate the demand, this research employed the analysis of purchase intention, popular in marketing, based on their willingness to visit. The annual demand for tourism was 4,136,361 persons. The average estimated expense per person is KRW 1,532,000 and the total annual expense is KRW 6,336.9 billion. Assuming that airfare is excluded from the total expense and the expense is made evenly in each tourist destination, the estimated amount to be spent in North Korea is KRW 2,838.7 billion per annum. The backward linkage effect of this expense on the North Korean regional economy is KRW 7,972.1 billion in total production inducement, KRW 2,619.4 billion in value-added inducement, and approximately 2,890,443 persons in employment inducement. The value-added inducement effect is estimated to be approximately 7.6% of the North Korean nominal GDP in 2020. South Korean tourism is expected to have a significant impact on the North Korean economy. As the demand for North Korean tourism is likely to increase steadily due to the expected increase in overseas travel demand by Koreans, inter-Korean cooperation is needed for the development of North Korean tourism infrastructure if conditions improve.

Industry Linkage Analysis and Link Structure Network Analysis of Water Transportation Industry (수상 운송업의 산업연관분석 및 연계구조 네트워크 분석)

  • Park, Sung-Min;Park, Chan-Kwon
    • Journal of Convergence for Information Technology
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    • v.12 no.3
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    • pp.85-107
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    • 2022
  • This study is to analyze the induced effect, network connectivity, and network visualization of the water transportation industry on the overall economy in relation to all industries. For this, various inducement coefficients of the water transportation industry are analyzed using industry linkage analysis and unit structure matrix, and network visualization analysis is performed using network connectivity and NetDraw using Ucinet 6 that utilizes unit structure matrix and inverse matrix function. As a result of the study, analysis results of input coefficient, production inducement coefficient, value-added inducement coefficient, and inter-industry chain effect were presented as various inducement coefficients in the water transportation industry. content was presented. Through this study, the current position and status of the water transportation industry and its relationship with all industries were confirmed, and the strategic relationship with which industries it should be presented was presented. In the future, it is necessary to further analyze the current status and trends of various induced effects, connectivity (centrality), and network visualization analysis using industry-related analysis published since the 2000s.

An Economic Ripple Effect Analysis of Domestic Supercomputing Modeling and Simulation (슈퍼컴퓨팅 모델링 및 시뮬레이션의 산업연관분석 기반 경제적 파급효과 분석)

  • Kim, Myungil;Park, Sung-Uk;Kim, Jaesung
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.11
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    • pp.340-347
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    • 2016
  • Since the 1970s, manufacturing has been one of the key driving forces that has led to Korea's economic growth. However, this growth rate has been reduced significantly since the 2000s, and shows that revenues and employment are steadily decreasing. In addition, while manufacturing investment in Korea has dropped sharply, the United States, Germany, Japan, and other major countries have increased investment in manufacturing. These countries have promoted manufacturing innovation strategies that include the convergence of information and communications technologies (ICT) and manufacturing. For manufacturing innovation, it is important for time and cost savings required for product development to be achieved by changes in the production process, especially product design. Modeling and simulation (M&S) is a process that replaces physical product design, mockup making, and testing, with virtual product creation (modeling) and engineering analysis (simulation). In this paper, we analyze the economic ripple effect of supercomputing M&S using an input-output model technique based on the input-output tables published by the Bank of Korea. When we set the M&S budget (about US$16 million for the last 10 years) of the Korea Institute of Science and Technology Information (KISTI) as input coefficients, the effect on production inducement, value-added inducement, and employment inducement was analyzed to be US$24 million, US$13.4 million, and 267, respectively.

An Economical Efficiency Analysis of Fostering Program on Leading Company in Sport Industry (스포츠산업 선도기업 지원사업의 경제성 분석)

  • Ahn, Byeong-Il;Choi, Gyu-Seong;Ko, Kyong-Jin
    • 한국체육학회지인문사회과학편
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    • v.57 no.6
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    • pp.123-134
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    • 2018
  • The purpose of this study is to analyze the economic efficiency of the policy implemented by Ministry of Culture, Sports and Tourism on leading company in sport industry. The leading companies in sport industry are those who have a certain amount of sales in sport industry and the ones with potential to become global companies. Supporting areas include business advancement, overseas market development, and overseas PR marketing integration support. The research is performed by developing the equilibrium model composed of supply as well as demand and applying input-output analysis. The economic efficiency is estimated to in the form of changes in the sales of corporations and the ripple effect of the national economy. The results of the study are as follows. First, it is estimated that the sales growth rate of the company due to the implementation of the policy is from 3.74% to 5.19%. Second, the increase in sales reaches to a maximum of KRW 4,081 billion with a minimum of KRW 1,573 million, depending on the size of the company. Third, it is estimated that the production inducement effect for the national economy is from KRW 36 billion to KRW 93.4 billion. Fourth, the induced value added for the national economy is estimated to be at least KRW 11.3 billion, up to KRW 29.2 billion.

An Analysis on the Economic Impact of China's Education Industry (중국 교육산업의 경제적 파급효과에 대한 분석)

  • Sang, Li;Zhang, Yizhou;Zhang, Mengze
    • The Journal of the Korea Contents Association
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    • v.21 no.9
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    • pp.299-311
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    • 2021
  • The purpose of this study is to analyze the ripple effect of the Chinese education industry on the national economy by using the industry-related table of 2017 by the China Statistical Office to use it as policy data for revitalization of the Chinese education industry in the future. To achieve this purpose, 149 industries in the basic classification of the industry-related table were classified into 32 industries. Based on these classifications, by analyzing the production induction coefficient, sensitivity coefficient, influence coefficient, yield inducement coefficient, production tax induction coefficient, and labor induction coefficient, etc. The purpose of this study is to understand the relationship between different industries and to find out the economic impact of the Chinese education industry. The analysis results show that in 2017, the total production induction coefficient of China's education industry was 1.7188, the row total was 1.0626, the sensitivity coefficient was 0.01211, the influence coefficient was 0.01958, the income induction coefficient was 0.6667, the production tax induction coefficient was 0.035, and the final demand was 1 billion yuan. When this occurs, the labor induction coefficient shows a total of 31,254 persons (indirect 15,541 persons, direct 15,713 persons). Based on the analysis results, this study suggested the implications that government support, technology introduction and application of new operating models, policy regulations, and efficient supervision of the system and president are required for further development of the Chinese education industry.

A Study on the Development Status and Economic Impacts of Drone Taxis (드론택시의 개발현황 및 경제적 파급효과 분석)

  • Choi, Ja-Seong;Hwang, Ho-Won
    • Journal of the Korean Society for Aviation and Aeronautics
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    • v.28 no.4
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    • pp.132-140
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    • 2020
  • The development status was studied to predict the concept of how drone taxis would be presented in daily life. the results of the analysis on traffic effects of drone taxis showed that they would be an innovative transportation option that could reach a distance of 60km, which would typically take an hour by car, within twenty minutes. Moreover, the economic analysis of existing aircraft development was limited to production (development investment) of the input budget. However, since the drone taxi is a new transportation system, an overall traffic platform, such as its own terminals, would need to be established. So, the production inducement effect was analyzed by dividing input budget into three factors; production, infrastructure, and service. The results indicate this to be an innovative project expected to have an economic ripple effect and reach a total of 24 trillion won after an investment of 13 trillion won (production + infrastructure + service) in Korea from 2020 to 2040.

The Analysis of Economic Contribution of Character Industry in China (산업연관분석에 의한 중국 캐릭터 산업의 경제적 효과 분석)

  • Zhang, Xin-Dan;Yao, Jin-Ge;Lee, Hyuck-Jin
    • The Journal of the Korea Contents Association
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    • v.21 no.9
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    • pp.125-135
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    • 2021
  • Due to the lack of national consensus on the importance and value of the character industry and the lack of recognition of value as a national strategic industry, the development of the character industry is experiencing great difficulties. The purpose of this study is to analyze the economic effects of character industry in China to help establish policies and strategies for the character industry in the future. To this end, this study utilized the China 2017 Industrial Association Table. The analysis results are as follows. China's character industry has a lower production inducement effect than other industries with a column total of 3.45514, and a row total of 1.30015. This shows that China's character industry is still being produced by small and medium-sized companies with a low equity ratio. Second, in the character industry, the index of the sensitivity of dispersion representing the forward linkage effect is 0.01426 and the impact factor is 0.03790, which are all less than 1. Therefore, it can be said to be the final demand manufacturing type.Third, in China character industry's income induction is 0.47690 and the production tax induction effect is -0.04912. It can be seen that the character industry has less income induction and tax burden generated every time the final demand increases by one unit in the entire industry than in other industries.Despite the quantitative growth of the character industry in China, the impact on other industries is low and it is not playing a role as an income-generating industry. Structural improvement is needed for the qualitative development of China's character industry.

Economic ripple effect and growth contribution of information security industry (정보보호 산업의 경제적 파급효과 및 기여도 분석)

  • Kim, Pang-ryong;Hong, Jae-pyo
    • Journal of the Korea Institute of Information and Communication Engineering
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    • v.19 no.5
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    • pp.1031-1039
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    • 2015
  • This study examines the economic ripple effect on the domestic information security manufacturing and service sectors through input-output analysis. The production inducement coefficient of the manufacturing sector is bigger than the average of whole industry, but that of the service sector is smaller than the average. On the other hand, the service sector is superior to the manufacturing sector in the value added and employment inducement coefficients. Forward and backward linkage effects of manufacturing and service sectors are generally lower than those of the average of whole industry. The information security industry has insignificant contribution to national economy and employment growth overall. In particular, the manufacturing sector records minus contribution to employment growth, which means that a lot of effort for increasing employment must be given further on in the sector.