• 제목/요약/키워드: Production Input

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Analyzing the Market Size and the Economic Effects of the Oceans and Fisheries Industry (해양수산업의 시장규모 및 경제적 파급효과 분석)

  • Kim, Joseph;Jung, Dong-Won;Yoo, Seung-Hoon
    • Ocean and Polar Research
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    • v.38 no.1
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    • pp.59-70
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    • 2016
  • Establishing the strategic plans to foster the oceans and fisheries (O&F) industry as an engine for national sustainable economic growth has become an important task for developing countries as well as developed countries. The first step to do so is to identify O&F industry and analyze its economic effects. Therefore, the prime purposes of the paper are two-fold. The first is to identify O&F industry and estimate its market size using 2012 Input-Output (I-O) table published by the Bank of Korea. The second purpose is to obtain some quantitative information on production-inducing effect, value-added creation effect, and employment-inducing effect of the O&F industry. To this end, we apply an IO analysis using exogenous specification of the O&F industry. The results show that the O&F industry covers 4.1% and 3.0% of national output and gross domestic product, respectively. Moreover, we found that 1.0 won of production or investment in the O&F industry induces 1.7363 won of production and 0.4759 won of value-added in the national economy. One billion won of production or investment in the O&F industry touches off 7.5569 persons of employment. This information can be utilized in the O&F industry-related policy-making.

Estimation of the Exploitable Carrying Capacity in the Korean Water of the East China Sea (한국 남해의 어획대상 환경수용량 추정 연구)

  • ZHANG, Chang-Ik;SEO, Young-Il;KANG, Hee-Joong
    • Journal of Fisheries and Marine Sciences Education
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    • v.29 no.2
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    • pp.513-525
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    • 2017
  • In the estimation of the exploitable carrying capacity (ECC) in the Korean water of the East China Sea, two approaches, which are the ecosystem modeling method (EMM) and the holistic production method (HPM), were applied. The EMM is accomplished by Ecopath with Ecosim model using a number of ecological data and fishery catch for each species group, which was categorized by a self-organizing mapping (SOM) based on eight biological characteristics of species. In this method, the converged value during the Ecosim simulation by setting the instantaneous rate of fishing mortality (F) as zero was estimated as the ECC of each group. The HPM is to use surplus production models for estimateing ECC. The ECC estimates were 4.6 and 5.1 million mt (mmt) from EMM and HPM, respectiverly. The estimate from the EMM has a considerable uncertainty due to the lack of confidence in input ecological parameters, especially production/biomass ratio (P/B) and consumption/biomass ratio (Q/B). However, ECC from the HPM was estimated on the basis of relatively fewer assumptions and long time-series fishery data as input, so the estimate from the HPM is regarded as more reasonable estimate of ECC, although the ECC estimate could be considerd as a preliminary one. The quality of input data should be improved for the future study of the ECC to obtain more reliable estimate.

Constructing an Energy-extended KLEM DB and Estimating the Nested CES Production Functions for Korea (한국 경제의 KLEM DB구축과 중첩 CES 생산함수 추정)

  • Kwon, Oh-Sang;Han, Mijin;Ban, Kyunghoon;Yoon, Jiwon
    • Environmental and Resource Economics Review
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    • v.27 no.1
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    • pp.29-66
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    • 2018
  • This study constructs an energy-extended KLEM DB of 35 Korean industries, and estimates the elasticities of substitution under various nesting structures of production technologies. Unlike most existing studies that employed only three inputs, K, L, and E, we applied a dual approach where non-energy intermediate input M is also incorporated as a production input. Our dual approach which extended that of van der Werf (2008)'s 3-input model successfully identified and estimated the multi-nested production functions. We provide the estimates of the elasticities of substitution among 4 different energy sources as well. Our estimation results would be used for energy-environment model building for Korea.

Evaluationn of the Accuracy for Regional Input Coefficients Estimated by Non-survey Methods (지역투입계수의 정확성 평가에 관한 연구)

  • 고석남;곽철홍
    • Journal of the Korean Regional Science Association
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    • v.12 no.2
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    • pp.1-19
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    • 1996
  • The purpose of this paper is to evaluate the accuracy of input coefficients which are usually estimated by various non-survey methods. The resulting analysis showed that there were considerable differences employed. One of the interesting findings was that the simple LQ method was shown to be better then the other non-survey methods with respect to the degree of accuracy. And from a sensitivity analysis which was to show the effect of changes in input coefficients on the level of production by industry, an increase of 10% in the value of input coefficient (machinary and equipment setor) resulted up to 500billion Won in GRP for the case region. Therfore one of the implications which we can derive from the resulting analysis is that it necessary to pay attention to the key coefficients first to save out time and money, while retaining a certain level of accuracy. One thing to be noted, however, is that the key coefficients but the total effects which are calculated through the Leontief inverse matrices. Therfore to enhance the accuracty of input coefficients estimated by nonsurvey methods it is required to handle the relevant setoral data more carefully or to employ semi-survey method in part.

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The Economic Effects of Chemical Fertilizer in Big Data (작목별 비료투입에 따른 경제적 효과 추정)

  • Lee, Sang-Ho;Song, Kyung-Hwan
    • Korean Journal of Organic Agriculture
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    • v.26 no.4
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    • pp.619-628
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    • 2018
  • This study analyze the economic effect of chemical fertilizer. We used the input and output data, and the analysis variables include production output nitrogen, phosphoric acid, potassium, seeds, and labor. The main results are as follows. First, for spring potatoes, potassium increases to a certain level of output, but over a certain stage, the output decreases as the input increases. Optimal use of potassium in the calculation of spring potatoes can achieve the effect of reducing input costs and increasing output simultaneously. Second, radish In autumn, nitrogen increases to a certain level, but over a certain stage it represents a reverse U-shaped relationship in which output decreases as input increases. This means that reducing the amount of fertilizer input increases the output. This means that soil-related agricultural big data can contribute to the management of nutrients and greenhouse gas reduction in agricultural land.

Measuring the Impact of a Trade Dispute with a Supply-side Shock Using a Supply-driven Input-Output Analysis: Korea-Japan Dispute Case

  • KIM, DONGSEOK
    • KDI Journal of Economic Policy
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    • v.43 no.1
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    • pp.29-52
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    • 2021
  • The purpose of this paper is to measure the impact of the recent Korea-Japan trade dispute on the Korean economy using supply-driven input-output analysis. In July 2019, Japan announced the decision to tighten the export control of three materials which are indispensable in the manufacturing of semiconductors and electronic display panels. Japan's decision directly affects production in Korea's semiconductor and display sectors and is hence not a demand shock. For this reason, a standard demand-driven input-output analysis is not valid despite the fact that it can still be applied. The impact of Japan's decision on Korea's aggregate and individual sectors' gross output, GDP and employment were computed using both methods.

Effect of substrate concentration on the operating characteristics of microbial electrolysis cells (기질 농도에 따른 미생물전기분해전지의 운전 특성)

  • Hwijin Seo;Jaeil Kim;Seo Jin Ki;Yongtae Ahn
    • Journal of the Korea Organic Resources Recycling Association
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    • v.31 no.4
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    • pp.41-49
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    • 2023
  • This study examined the effect of input substrate concentration on hydrogen production of microbial electrolysis cells. To compare the performance of MEC according to the input substrate concentration, six laboratory-scale MEC reactors were operated by sequentially increasing the input substrate concentration from 2 g/L of sodium acetate, to 4 g/L, and 6 g/L. The current density, hydrogen production, and SCOD removal rate were analyzed, and energy efficiency and cathodic hydrogen recovery were calculated to compare the performance of MEC. The maximum volumetric current density was obtained at 4 g/L condition (76.3 A/m3) and it decreased to 19.0 A/m3, when the input concentration was increased to 6 g/L, which was a 75% decrease compared to the 4 g/L input condition. Maximum hydrogen production was obtained also at 4 g/L condition (47.3 ± 16.8 mL), but maximum hydrogen yield was obtained at 2 g/L input condition (1.1 L H2/g CODin). Energy efficiencies were also highest in 2 g/L condition; the lowest result was observed at 6 g/L condition. Maximum electrical energy efficiency was 76.4%, and the maximum overall energy efficiency was 39.7% at 2 g/L condition. However, when the substrate concentration increased to 6 g/L, the performance was drastically decreased. Cathodic hydrogen recovery also showed a similar tendency with energy efficiency, with the lowest concentration condition showing the best performance. It can be concluded that operating at low input substrate concentration might be better when considering not only hydrogen yield but also energy efficiency.

A Study on the Impact of Sport Industry on Economic Growth: An Investigation from China

  • He, Yugang
    • Journal of Sport and Applied Science
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    • v.2 no.2
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    • pp.1-10
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    • 2018
  • Prior literature has posited that the sport industry has been effective method to drive the economic growth. Given the rationale, this study sets China as a research object with a quarterly data from the first quarter of 2003 to the fourth quarter of 2017 to explore how the sport industry affects economic growth. This study employed Johansen cointegration test and dynamic ordinary least squares as methods for an empirical analysis. The input of sport industry, the labor input, the capital input, and the economic growth are used as research variables. The results show that there is a long-run relationship among them. Johansen cointegration test's estimation indicated that 1% increase in the input of sport industry will lead to 0.064% increase in economic growth. Dynamic ordinary least squares' estimation showed that whenever in the one lead, in the one lag and in the present period, the input of sport industry always poses a positive effect on economic growth. Labor input also has a positive effect on economic growth. The capital input has a negative effect on economic growth. Finally, even though the input of sport industry has a positive effect on economic growth, its impact on economic growth is relative weak.

A Study on Measuring Method in Technical Progress (기술진보 측정방법에 관한 일고안)

  • 박일근
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.3 no.3
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    • pp.59-66
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    • 1980
  • The purpose of this paper to study on measuring method in technical progress. Technology is combination method of raw material and capital, land, labour. The first step to technical Progress is COBB-DOUGLAS production function, so technical progresses are important role in economic growth and development. General production function from Y=f(K, L, T) and COBB-DOUGLAS production function Y=${AK^I}{L^b}$ is first condition. Technical progress is saving of production factor In capital saving, labour saving, neutral saving. Marred Hicks Robinson has Insist on technical progress by each view of production factor, but, what is most excellent measuring method of technical progress\ulcorner I : productivity index method. II : Gross Production function method. Productivity method used in every products level in weight values, gross method function method used in production factor attributed to products. Above two measuring method has delicate problem in each input factor, substitution relation and production factor simultaneously linked each others This basic problem based on technical progress is not solubable in this time.

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A Production Function for the Organization with Hierarchical Network Queue Structure (계층적(階層的) 네트웍 대기구조(待機構造)를 갖는 조직(組織)의 생산함수(生産函數)에 대한 연구(硏究))

  • Gang, Seok-Hyeon;Kim, Seong-In
    • Journal of Korean Institute of Industrial Engineers
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    • v.12 no.1
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    • pp.63-71
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    • 1986
  • In the organization with a hierarchical network queue structure a production function is derived whose input factors are the numbers of servers at nodes and output is the number of served customers. Its useful properties are investigated. Using this production function, the contributions of servers to the number of served customers are studied. Also given an expected waiting time in the system for each customer, the optimal numbers of servers at nodes are obtained minimizing a cost function.

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