• The Journal of Fisheries Business Administration
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• v.52 no.4
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• pp.45-63
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• 2021

The purpose of this study is to analyze the structure, status and economic ripple effects of the fisheries processing industry in Korea using interindustry analysis. Five input-output tables published over the past twenty years have been reclassified with a focus on the fisheries processing sector. Through these multi-period tables, we analyzed changes in the inducing effects in production, value added and employment as well as the backward-forward linkage effects. As a result of the analysis, it was found that the industrial scale of the fisheries processing industry is very small compared to other food manufacturing industries. The backward linkage effect of the fisheries processing industry was greater than that of other industries, but the forward linkage effect was rather low. This means that the fisheries processing industry can be greatly affected by industrial depression of the downstream industries such as fishery and aquaculture. Production and employment-inducing effects of the fisheries processing industry have shown a decreasing trend in recent years. This reflects the reality that intermediate inputs are gradually being replaced by imports from domestic production due to the expansion of market opening and the depletion of fishery resource. In the future, it is necessary to prepare a strategy to increase the value-added productivity of the fisheries processing sector and foster it as an export industry.

• Journal of Convergence for Information Technology
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• v.9 no.7
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• pp.78-84
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• 2019

The purpose of this study is to introduce the concept of the Smart Sewer System and to analyze the economic ripple effect when smart sewer is built all over Korea. The research method is the input-output model based on the assumption that the smart sewerage will be constructed throughout the Korea from 2021 to 2040. Estimation results show that the production-induced effect reaches 343.73 trillion Korean won, the added value-induced effect is 155.867 trillion Korean won, and the employment-induced effect is estimated by 25,118,470, indicating that the smart sewer project leads to being considerably large in the nation-wide economy. In addition, the increase of social welfare by smart sewer is expected to be realized through the improvement of both the environment improvement and the national health. Therefore, the smart sewer project should be implemented without delay by planning a concrete road map and putting it into effect with a budget.

• Journal of Convergence for Information Technology
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• v.11 no.6
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• pp.113-119
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• 2021

Since the weapon system project has a large ripple effect on the country by investing a huge budget, analysis of acquisition methods that secured economic feasibility is required in the planning stage to promote the weapon acquisition project. In response to this demand, economic analysis for acquisition method is preformed in the research stage of previous studies, but the analysis on economic analysis for acquisition alternative is imperfect at the present. In this research, we identify the limitations of the effect analysis and propose an additional cost-benefit analysis method to analyze the economic feasibility of the acquisition alternative. It is possible to present the universal results of economic feasibility analysis for not only multiple alternatives but also single alternatives by presenting benefit/cost ratio. It is applied to research on acquisition project of OO guided rocket, and the result of economic analysis for each alternative is presented.

• Journal of Korea Trade
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• v.27 no.5
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• pp.137-152
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• 2023

Purpose - Although many existing studies on the US-China hegemonic conflict and decoupling have been published, most of them are qualitative and use descriptive analysis methods. Papers that quantitatively analyzed decoupling mainly estimate the effect of a tariff increase. However, this paper quantitatively analyzed the ripple effect by focusing on decoupling technology spillover between the United States and China. And, for the first time, it was suggested that the blocking of technology spillover could give a fatal blow to the East Asian economy as well as China. Design/methodology - The United States is pursuing decoupling with China, primarily in goods trade and blocking technology transfer. This paper sets up various scenarios and uses three computational general equilibrium (CGE) models to analyze the overall ripple effects of decoupling. A paper using the three CGE models for decoupling ripple effect analysis has not yet been published. Findings - Decoupling will hit the economies of regions with close economic ties to China more than others. According to simulation results of this study, the Chinese economy may suffer severe damage that is difficult to recover from, and the economies of Asian countries are predicted to deteriorate to the point of being choked. Originality/value - Existing papers that assessed the effect of decoupling mostly focus on estimating the effect itself through tariff hikes. This paper is meaningful in that it comprehensively analyzed decoupling by adding the effect of technology spillover blockade. In addition, another meaning can be found in that it quantified for the first time that it will deal a huge blow to the extent of choking the East Asian economy as well as China.

• 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.

• 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.

• Journal of Broadcast Engineering
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• v.26 no.5
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• pp.575-582
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• 2021

This study would analyze the economic impact of the new financial input to the National Assembly FM Radio. Recently, with the 4th industrial revolution and the change in the new media paradigm, there are changes into multi-media and multi-channels, such as mobile, Internet, and OTT, etc. Reflecting these changing internal and external conditions, National Assembly Television, too, should introduce FM radio broadcasting so that the viewers can use the public services without spatial and temporal constraints. Thus, this study would conduct an analysis, estimating the budget required for investing the new government funding in the National Assembly FM Radio. As for the main analysis results, the coefficient of production inducement was 1.661; that of added value, 1.141; and that of employment inducement, 7.1. In the capital district, the effect on production inducement was 6.928 billion won; that on added value inducement, 4.758 billion won; and that on employment inducement, 28.4 persons. In addition, in the whole country, the effect on production inducement was 13.257 billion won; that on added value inducement, 9.106 billion won; and that on employment inducement, 49.7 persons.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.11 no.10
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• pp.3747-3755
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• 2010

School foodservice in the business opportunities could be magnified as the university and the general enterprise as well as elementary, middle, and high school. Therefore school foodservice creates commercially profitable and would go on its investment in social welfare service field as well as create new jobs. By using local food materials, school foodservice has economic effect on the society. This paper examines current state and related cases of school foodservices to discuss ways to vitalize school foodservice system. The study also examines the economic effect on consumers, producers and whole society. Especially, to test a ripple effect on the entire economy, input-output analysis has been used in the study.

• Journal of Distribution Science
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• v.15 no.2
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• pp.53-58
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• 2017

Purpose - The world economy is changing with FTA. Lots of FTAs are going on between countries and economic blocs in the world economy as the battle field of FTA. This study is aims to suggest a practical data about Korea-China FTA by analyzing an economic ripple effect and main issues on Korea-China FTA negotiation. Research design, data, and methodology - This study analyzes the economic impact and major issues expected during the promotion period of Korea-China FTA, and promoted the purpose of this research with literature review and comparative analysis. Result - FTA agreement with China is expected to contribute to Korean economic growth by bringing effectiveness of securing and resolving mutual trade conflict, and one-sided trade protection control of Chinese domestic demand market. The potentiality between United States and Korea is also very important issue. Conclusions - To minimize the adverse effects of FTA and to maximize the positive effects on the logistics industry, the Correspondence strategy is suggested based on the effects of FTA after analyzing the entire situation of the logistics. Especially, this article places emphasis on a close cooperation system between the government agencies to get a good conclusion from the negotiation even if the e-Commerce issue to be a critical point under Korea-China FTA.

• Korea Trade Review
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• v.47 no.2
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• pp.175-193
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• 2022

This study analyzes the effects of road transportation networks on the local economy in korea. The analysis methods are SNA and spatial panel regression model. The subjects of this study are inland areas of Korea, and the research period is from 2010 to 2019. The network analysis showed that the connection centrality of Gyeongg-do was high internally and externally. Gyeonggi-do has played a central role in the domestic road freight transportation industry. The results of spatial panel regression analysis showed that there was economic competition between regions. Domestic road transportation industry has been competitive among regions and has economic ripple effect. And Internal cargo has been shown to boost the economy of the region. But internal cargo has been shown to lower the economy of surrounding regions, but external cargo has been shown to increase the economy. In order to revitalize the local economy, it is necessary to increase road cargo.