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

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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.

Development and Use of Interregional Input-Output Table under the Limited Information: A case of Korea (정보가 제약된 조건하에서 지역관 산업연관표의 작성과 그 응용 - 한국의 경우 -)

  • Ko, Suk-Nam;Kwack, Chul-Hong
    • Journal of the Korean association of regional geographers
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    • v.8 no.4
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    • pp.480-491
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    • 2002
  • The purpose of this study is to construct interregional input-output table for multi-regions using non-survey methods. Despite of wide use of interregional input-output table, there have been continuing debates with respect to it's accuracy mostly when it is constructed by non-survey method. The best ideal one is to construct through real survey, while we must pay much time and cost. With regard to this concern, Hulu and Hewings developed a step by step method for the estimation of interregional input coefficients for the Indonesian economy which might be a challenge for the limitation of location quotient method, for which Round pointed out earlier. A five regions interregional input-output table for Korea is developed in this study by expanding Location Quotient method. Some development was made, however, according to the degree of collection of data and the assumption in treating the interregional flows. Finally, a comparison was made for the accuracy of input coefficients between the real surveyed and derived ones.

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The Economic Impacts of Water Supply Constraints During a Drought Using input-output Analysis (가뭄시 용수공급지장으로 인한 경제적 파급효과 분석)

  • Choe, Jang-Hwan;Heo, Eun-Nyeong;Sim, Myeong-Pil
    • Journal of Korea Water Resources Association
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    • v.33 no.5
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    • pp.647-658
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    • 2000
  • The purpose of this study is to estimate the forward impact of water supply bottleneck using a supply-side input-output model. The failure cost analysed in this study can be used to estimate the values of the water supply reliability and can provide the bases of policy decision for the effective reallocation when water supply constraint will occur. So the position of water supply in the national economy is identified, and direct and indirect impacts are estimated by means of the interindustry analysis. Also the failure cost index is suggested to determine the prior order of water supply important in drought. By the way, the occurrence of drought having regional properties, the failure cost of the regional level using a national input-output table may be overestimated or underestimated. For the preceding reason, the failure cost estimated by a national input-output table is compared with and analysed to a regional input-output table for Kyung- Nam.g- Nam.

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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.

Impact Analysis on the Regional Economy Affected by Environmental Regulations (환경규제가 지역경제에 미치는 파급효과 분석)

  • 김호언
    • Journal of the Korean Regional Science Association
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    • v.15 no.3
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    • pp.1-13
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    • 1999
  • Since the 1990's, the most important environmental issue on the earth is characterized by "global worming problem". The United Nations Framework Convention on Climate Change (UNFCCC) plays an significant role to solve this problem on a worldwide scale. The main purpose of this paper is to analyse the impact of $CO_2$ reduction on the Daegu regional economy through 1995 regional input-output coefficients derived from the 1995 national input coefficients table by using non-survey method. The sectoral impacts on output, income, and employment were computed under the decline-unequalized assumption in final demand influenced by $CO_2$ reduction. This article has six main sections. Section 1 is an introduction to this paper. Section 2 explains briefly the derivation method of the regional technical coefficients. Section 3 describes the model building through input-output multipliers. In section 4 regional data on output, income, employment and final demand are computed to estimate the regional impacts. Section 5 deals with impact analysis on the Daegu economy. Section 6 contains a brief summary and concludintg remarks. The research findings of this study can be summarized as follows. In 1995, under the assumption of 10% decrease on an average in final demand sectors, the economy of the region studied decreased \3600 billion of output, ₩1114 billion of income, and 49919 man-years of employment. The percent ratios of each value to the total showed 9.4%, 9.7%, and 9.2%, respectively. The dominant sectors associated with impact analysis within the region are chemicals and chemical products, paper, printing and publishing, and textiles and leather, etc; nevertheless, the least dominant sector is non-metallic mineral products. products.

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The Estimation of the Value-added Related to Agriculture in Chung-nam's Agribusiness (충청남도 농림수산 관련산업의 농림수산관련 부가가치 추계)

  • Kim, Changhwan;Yoo, Beomsik;Lee, Jongsang
    • Journal of Agricultural Extension & Community Development
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    • v.20 no.2
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    • pp.315-339
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    • 2013
  • This study aims to suggest methods to estimate the agriculture related added value created in the agricultural production sector and the up/downstream agribusiness of Chungcheongnam-do by using the transaction table at producer's price, the domestic transaction table, the wholesale-retail profit table and the freight charge table in the input-output tables, and further aims to estimate regional and industrial agriculture related added values created in the agricultural production sector and the agribusiness of Chungcheongnam-do by using the input-output tables of the year 2005. This thesis suggests the consideration of overall and holistic policy regarding public welfare facilities in healthcare, commission sale market places for fishery products, fishery processing factories, processing factories for medicines, cosmetics, feedstuff, and tobacco leaves and the innovative distribution system with regard to wholesale/retail that Chungnam lacks in. It is also proposed to make comprehensive and cohesive policy to enhance growth and competitiveness of agricultural, forestry and fishery industry.

Analysis of the Interregional Trade and Industrial Linkage in Incheon (인천경제의 지역간 교역구조와 산업연관분석)

  • Yun, Kap-Sik
    • Journal of the Economic Geographical Society of Korea
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    • v.11 no.1
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    • pp.45-58
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    • 2008
  • This study aims to analyze the interregional trade and industrial linkage between the Incheon regional economy and the rest of the nation. An interregional input-output table developed by the Bank of Korea's Incheon branch(2007) was employed for this. The analysis of interregional trade shows that Incheon regional economy is strongly interrelated with Seoul and Gyeonggi regional economies. The Incheon's interregional relationship with other regions was analyzed in terms of output dependency rate, output inducement rate, backward linkage, and forward linkage. The results indicated that while the output of Incheon is more dependent on final demands in Seoul and Gyeonggi, changes of the final demand in Incheon cause more output in the rest of nation than that in Seoul and Gyeonggi. Also, while Incheon's backward linkage to Seoul and Gyeonggi is weaker than that to the rest of nation, Incheon's forward linkage to Seoul and Gyeonggi is stronger than that to the rest of nation.

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A Study on Induced Effect Estimation of Aggregate and Stone Sector with Ritz-Spaulding Multipliers (공급승수를 이용한 골재산업의 유발효과 추정 연구)

  • Dongho Jeong;Ji Whan Kim
    • Economic and Environmental Geology
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    • v.57 no.2
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    • pp.129-141
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    • 2024
  • This study derived production-production multipliers using a regional input-output table and estimated the induced effect of aggregates through the non-metallic minerals sector and the concrete products sector. In deriving the induced effect of aggregates, it is difficult to use the regional input-output table due to the sector classification problem. This study analyzed the non-metallic mineral sector, including aggregates, as aggregates sector, and the concrete products sector, which uses most of the aggregate production. By analyzing this, we attempted to alleviate difficulties caused by sector classification restrictions. In the process of estimating the induced effect, it was assumed that there was a decrease in aggregate production, and in the process of analyzing the concrete products sector, the effect of the decrease in concrete product production due to the decrease in aggregate production, that is, the decrease in production of one unit of aggregate was 0.8511 in the concrete product sector. The analysis was conducted on the premise of a decrease in unit production. Inducing effects within and between regions were calculated for the 17 metropolitan cities and provinces classified by the regional input-output table. The employment effect was also calculated, assuming a 10% production decrease to show differences according to the size of the aggregate and concrete product sectors in each region.

Estimating the Economic Impact of '2011 Seoul Motor Show' Using Regional Input-Output Model: Based on Expenditures of Exhibition Attendees (지역산업연관모델을 이용한 '2011 서울모터쇼'의 경제적 파급효과 분석: 전시참관객의 지출액을 바탕으로)

  • Kim, Dae-Kwan;Han, Youn-Joo;Lee, Sang-Min;Choe, Yeong-Bae;Song, Soo-Yeop
    • The Journal of the Korea Contents Association
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    • v.11 no.10
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    • pp.187-196
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    • 2011
  • This study aimed to estimate the economic impact of the '2011 Seoul Motor Show' using a direct survey-based regional input-output(I-O) model. Based on the regional I-O table, Exhibition multipliers were derived with respect to output, income, employment, value-added and indirect tax. Attendees' survey was conducted to estimate per capita expenditure. The results of this study indicated that all attendees of '2011 Seoul Motor Show' generated 53.1 billion Won of output impact, 11.7 billion Won of income impact, 24.1 billion Won of Value-added impact, 2.6 billion Won of tax impact, and 1,030 part-time and full-time jobs throughout direct and indirect effects. Another result of this study was that output multiplier of the exhibition industry was similar with other industries, however, income, employment and value-added multipliers were relatively larger than those of other industries.

Economic Effects of Establishing a Logistic Free Zone in the Port of Busan (물류중심형 자유지대의 경제적 파급효과에 관한 연구 - 부산항을 중심으로 -)

  • Sohn, Ae-Hwi
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2000.11a
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    • pp.33.2-42
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    • 2000
  • This study probes the necessity of establishing a logistic free zone in Port of Busan. It considers the economic effects of establishing the logistic free zone of Busan Port, and suggests policy prescriptions for introducing the free zone system and improving the logistics functions of Busan Port. Using input-output table data, the regression analysis was able to provide a quantitative prediction on effects of making the Busan Port a tariff-free zone. Influence for the regional economy due to the enforcement of the free zone system this research found that a strong positive effects should be expected on the Busan regional economy once the logistic free zone would be set up at the Port of Busan. The positive economic effects on Busan regional industries might be further strengthened if the value-added logistics function of Busan Port could be supplemented by linking to the hinterland of Busan Port.

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