• Journal of the Korea Academia-Industrial cooperation Society
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• v.13 no.6
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• pp.2514-2519
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• 2012

The policy objective of leading industries for an economic region is to increase industrial competitiveness by regional cooperation and linkage and so the economic impact analysis of R&D by region is required. This research utilizes regional input-output tables of the Bank of Korea to analyze the economic impact of 'next-generation wireless communication devices' project in 'New IT' sector of Chungcheong economic region.

• 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.

• Journal of Digital Convergence
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• v.12 no.10
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• pp.45-59
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• 2014

An empirical analysis on the structural causes on the economic underdevelopment of a specific region is an important work for the constituents to solve the submitted problems of those sources of the questions and to establish more active regional economic growth structure hereafter. Basically this paper recognizes that the fragile characteristics of accumulation structure is due to the higher portion of small enterprises and other unfavorable material conditions compared to other regions. On the basis of this estimation, we are going to present some materials to help establishing the development strategies by analysing the structural characteristics of time serial GRDP and Regional Input-Output Tables.

• 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.

• Journal of the Economic Geographical Society of Korea
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• v.15 no.3
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• pp.424-436
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• 2012

While local autonomy is settled, each local government plans and fulfills policy to foster local industry for local development so it is important to establish industry location and economic foundation which is fitting to local conditions. Local development requires the development of local industry and it is necessary that this industry fits to the local conditions in order to be focused and developed. The regional input-output tables contain very useful data to understand the structure of local industry and interregional industry and also the analysis of linkage by industrial ripple effect among regions is needed. The study divided the country into 7 units and conducted factor analysis by using sum data of inducement coefficients in 78 parts of 2005's regional input-output tables, and as conclusion extracted 8 factors.

• The Journal of the Korea Contents Association
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• v.11 no.1
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• pp.371-378
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• 2011

This paper examines the estimate the economic impact of 2008 Andong Maskdance Festival, using an Input-Output(I-O) model. For the research, the Regional Input-Output analysis was used, which makes it easy to grasp the economic impact of the tourism industry and other industries in Andong. Based on the regional I-O transactions tables which were developed by Bank of Korea(2009), the industry multipliers were derived with respect to output, income, and value-added. The results show that in 2008 Andong Maskdance Festival receipts generated output impact of 30,961 million won and 15,800 million won of income impact, 14,310 million won of value-added impact, respectively. I think the result of this study can be used as an objective indicator to help to establish and implement regional festival policies for the local government.

• The Journal of Fisheries Business Administration
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• v.43 no.3
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• pp.75-87
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• 2012

Today, the Korean fisheries is undergoing significant hardships, both domestically and internationally. While declining amount of catch, ascending international oil prices and others pose a compelling challenge to the fishing sector, the ever strengthening influence of international institutions related to fisheries and international trade organizations also compel to bring about myriad of changes in the realm of fishery products. Against the backdrop, this study attempted to examine the fisheries catch, aquaculture, service, processing fields in terms of its rippling effect and of how the industry has been changed by analyzing the past and present through an input-output analysis. As for research methods, 168 items of the input-output tables in 2000, 2005, 2009, and 2010 were integrated to form and classify 32 sectors (28 basic sectors + catch, aquaculture, fishery service, processed fishery products) so as to generate production inducement coefficient, sensitivity coefficient, and impact coefficient. The analysis results revealed that : though the linkage effect of fishery industry was not very sizable, the impact coefficient of the processed fishery products was high; the consumption and investment coefficient sector among production inducement coefficient was on an upturn trend ; the export coefficient was tended to decline. In the future research, it is necessary to carry out a study based on the integration of detailed classification (404 sector) and a study and analysis of fishery industry by different regions through the inter-regional input-output tables. The fishery industry is one of the crucial industries in Korea. The fishery industry is not only important in its own right but also significant as it exerts influence over other industries. Therefore, it is required that there should be more investment and supports for the development of the fishery industry, and pay efforts to ensure that the investment and development could lead to mutual growth for both the fishery and other various industries.

• Journal of Agricultural Extension & Community Development
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• v.22 no.3
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• pp.285-292
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• 2015

Recently, the demand of rural tourism has been increased to promote farm household income and rural economy. Korean government has supported to promote rural tourism. One of the most difficult tasks in estimating the economic impact of the tourism industry is how the industry should be defined in terms of an economic sector, since tourism is not defined in national Input-Output (I-O) tables or in the Standard Industrial Classification code. Moreover, there is no specified Standard Industrial Classification for rural tourism. The purpose of the study aims to examine specified Standard Industrial Classification of rural tourism using the I-O model analysis to estimate the economic impacts of rural tourism. Results showed that there were two components considered as inputs. One is the inputs that final demand can move to input of rural tourism in I-O tables. The other is one that the final demand was provided by farm household as intermediate inputs.

• Journal of Korean Society of Forest Science
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• v.100 no.2
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• pp.218-225
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• 2011

The purpose of this study is to estimate the economic impacts of National Natural Recreation Forests using a regional input-output (I-O) model. Based on the regional I-O transactions tables developed by Bank of Korea (2009), National Natural Recreation Forests related sectional multipliers were derived with respect to output, income, employment, and value-added. Furthermore, surveys questioned National Natural Recreation Forests visitors in order to estimate per capita expenditures. The result shows that one National Natural Recreation Forests generated 3,380 million Won of output impact, 328 million Won of income impact, 1,017 million Won of value-added impact, and 22 full-time jobs within local effect, respectively. Also, one National Natural Recreation Forests generated 687 million Won of output impact, 85 million Won of income impact, 245 million Won of value-added impact, and 6 full-time jobs outside local effect, respectively.

• Journal of the Korean Society of Hazard Mitigation
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• v.7 no.4
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• pp.41-49
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• 2007

This study aims to examine the ripple effect of the '119 Integrated Information System' for city disaster management on the local economy. The study was conducted in the area of Gyeongnam province, and the study method is the interdependence analysis based on the Input Coefficient drawn from Input-Output Tables in which Intermediary Transaction Tables drawn through RAS was taken advantage of to grasp the correlation among industries and regions in terms of the local economy, and the ripple effect of the changes of political exogenous variables on the local economy was divided to such elements as production, added value, and employment so as to attempt empirical analysis on the local economy system. To estimate the ripple effect on the local economy, three different amounts of the expected input were applied to the study respectively and the results are as follows: Some $28.7{\sim}42.4$ billion won for the production induction effect, some $7.5{\sim}11.4$ billion won for the added-value induction effect, some $103{\sim}157$ job openings for the employment induction effect, and some $3.8{\sim}5.7$ billion won for the income induction effect are expected to take place as the ripple effect on the local economy.