• Title/Summary/Keyword: economic output

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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.

The Economic Impact of the Smart Grid Industry by using Input-Output Analysis (산업연관분석을 활용한 스마트그리드산업의 경제적 파급효과)

  • Kim, You-Jin;Cho, Byung-Sun;Sim, Jin-Bo
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.35 no.8B
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    • pp.1241-1250
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    • 2010
  • With the expanding concept of Smart Grid, it is widely used by mixing with various industries, and therefore the potential and value of Smart Grid should be verified and evaluated. To this end, this study is conducted to look at industrial fields that can be expanded by mixing with Smart Grid, and based on it, draw an economic ripple effect of the Smart Grid industry. To grasp the spread direction of the Smart Grid industry, Our study focused on Smart Grid participants and new businesses that can be derived. Through this, energy, construction, home appliances, and automobile industries are selected as convergence businesses. Our study estimated an economic effect by drawing generation rates from input-output tables that applies the selected industry fields and Korean projections. According to the result, effect on total production inducement will be about 77 trillion won, effect on total value added inducement will be about 24 trillion won, and effect on total employment inducement will be about 31 trillion won. Through this, various functions of Smart Grid and the ripple effects on national economy could be expected.

Perceived Distribution Quality Awareness, Organizational Culture, TQM on Quality Output

  • ISNAINI, Dewi Budhiartini Juli;DANILWAN, Yuris;MANSUR, Daduk Merdika;ILYAS, Gunawan Bata;MURTINI, Sri;TAUFAN, Muhammad Ybnu
    • Journal of Distribution Science
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    • v.19 no.12
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    • pp.1-14
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    • 2021
  • Purpose: For the last few decades, TQM has become a hot topic in the inner-disciplinary field in the production management line. Still, unfortunately, the study of TQM and Quality Output management is partially only attached to the tangible side in the production management line. Whereas theoretically, the implications of TQM require incremental improvement in all management lines (e.g., HRM, Marketing, Operations, and Distribution Management). Therefore, starting from the main problem, this study aims to analyze the effect of total quality management, Organizational Culture, Perceived Distribution of Quality Awareness, and quality output through a more in-depth analysis. Research design, data and methodology: We conducted a survey of 170 respondents from managers, staff, and employees from 48 companies in Indonesia. We used a quantitative approach with the SEM method to answer this study's problem formulation and hypotheses. Results: The results of our research stated that based on the demonstration of statistical test results, all hypotheses were positive and significant, both direct and indirect relationship demonstrations. Conclusions: Universally, the findings in this study illustrate that the supporting factor for creating value-added in TQM and Quality output lies in the optimal and positive organizational culture and Perceived Distribution Quality Awareness factors in the organization.

A Future Economic Model: A Study of the Impact of Food Processing Industry, Manufacturers and Distributors in a Thai Context

  • Maliwan SARAPAB;Duangrat TANDAMRONG
    • Journal of Distribution Science
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    • v.21 no.7
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    • pp.65-71
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    • 2023
  • Purpose: This study attempted to analyze the impacts of the backward linkage and output multipliers, and investigate the price fluctuation and the price forecast amongst the manufacturing sectors associated with food processing industrial output of Thailand. Research design, data and methodology: The Thailand Input-Output table with a size of 180 x 180 sectors from 2005, 2010, and 2015 was utilized while the secondary data of the time series from January 2002 to December 2021 were processed via a multiplicative model and Box-Jenkins model. Results: The backward linkage analysis indicates that canning and preserving of the meat sector majorly utilized the factors of production from the slaughtering sector; canning and preservation of fish and other seafoods sector largely used those factors from the ocean and coastal fishing sector; and the sugar sector used those of the sugarcane sector. Notably, the output multiplier analysis indicated that output multipliers of those 3 manufacturing sectors were highly increased; meanwhile the price fluctuation continually existed in all forms. Besides, the price forecast suggested that prices of chicken and sugarcane tended to be higher; whereas, the price of shrimp was unstable. Conclusions: Food processing industry contains the favorable components to be one of the industries of the future of Thailand.

A Study on Estimation of Economic Effects on Mining Products Import Substitution Using Macroeconometric Input-Output Model (거시계량투입산출 모형을 이용한 광산품 수입대체의 경제적 효과 추정 연구)

  • Kim, Ji-Whan;Lee, Kyung-Han;Kim, Yoon Kyung
    • Economic and Environmental Geology
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    • v.47 no.3
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    • pp.237-246
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    • 2014
  • In this study, it is estimated how many changes of macroeconomic variables are happened under the proposition of import substitution of mining products 1% using macroeconometric input-output model. For this, used macroeconometric input-output model is composed of 141 behavioral equations representing the macroeconomy structure. In general, macroeconometrics models are constructed mainly on the side of the expenditure then it is not easy to estimate the effects of the shocks occurred from industry level. To mitigate that, this study tries to construct a macroeconometric input-output model. Macroeconometrics model which is useful to estimate the effects of macroeconomic shocks, economic policy and more, in this study, is linked with input-output table through the NDI(national disposable income) derived from compensation of employee. And this paper presents the estimation results of import substitution effects of mining products on Korean economy. As a results, GDP is increased 0.00073%, gross labor employed 0.00029%, current balanace 0.00010% and unemployment rate is mitigated 0.00233%.

The Economic Impact Analysis of Rural Tourism Development Projects (농촌관광마을 육성사업의 경제적 파급효과 분석)

  • Son, Eun-Ho;Park, Duk-Byeong;Yoon, Jun-Sang
    • Journal of Agricultural Extension & Community Development
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    • v.21 no.3
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    • pp.155-179
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    • 2014
  • Input-output(I-O) analysis is now widely used to examine the economic impact of tourism. The study aims to demonstrate the impact of agri-tourism development project on local development in terms of income and employment. Based on the I-O transactions tables developed by Bank of Korea (2011), rural tourism related sectoral multipliers were derived with respect to output, income, employment, and value-added tax. The results of the I-O model indicate that in 2011, rural tourism development generated 1,387 billion Won of output impact, 287 billion Won of income impact, 275 billion Won of value-added impact, and 41,127 full-time jobs, respectively throughout direct, indirect, and induced effects. In particular, the restaurant sector had relative higher output and employment multipliers as compared to other industries, whereas they had lower multipliers of income and value-added than any other industries. The findings imply that the restaurant sector was relatively labor-intensive industry, generating high impact of employment effects.

The Study on Economic Effects of the Coastal and Inland Water Transportation Sector upon the Korean Economy using Input-Output Analysis (산업연관분석을 이용한 우리나라의 연안 및 내륙수상운송 부문의 국민경제적 파급효과 분석에 관한 연구)

  • Chang, Young-Tae;Lee, Tae-Woo;Kim, Seong-Gon;Shin, Sung-Ho
    • Journal of Korea Port Economic Association
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    • v.22 no.2
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    • pp.35-60
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    • 2006
  • This paper uses input-output techniques to analyze the impacts of the coastal and inland water transportation (CIWT) upon the Korean economy between 1990 and 2000. The impacts were identified by means of backward and forward linkages effects, production inducing and import-inducing effects, and commodity prices repercussion effects of the coastal and inland water transportation. The data of this study come from The Bank of Korea databases for Input-Output Structure of the Korean economy. The major findings in this study can, among others, be summarized: that the power of dispersion(=backward linkage effect) and the degree of sensitivity (=forward linkage effect) of CIWT are higher than those of the deep sea transportation sector and that it has higher production-inducing effect than the average of total industries, while it has lower import-inducing effect than the average of total industries.

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Socio-economic Repercussion Effects of Technological Information Activities (기술정보활동의 사회경제적 기여효과 분석)

  • 박현우;김진욱
    • Journal of Korea Technology Innovation Society
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    • v.4 no.1
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    • pp.96-109
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    • 2001
  • The aim of this paper is to analyse the impacts on domestic production, value added, employment and import substitution of national technological information activities, using the 1995 Input-Output Tables in Korea. The total output of technological information amounted to 4,167 billion won at current prices. The total domestic output of 2,318 billion won was generated directly and indirectly and the amount of value added totaled 3,773 billion won. 119 thousand new jobs were created and total import substitution amounted to 1,346 billion won. As an increase of 4,167 billion won in technological information sector led to an increase of 7,437 billion won in total socio-economic repercussion effects, the multiplier was 1.8 in 1995.

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The Effect of the Food Service Industry up on the National Economy of Korea (산업연관분석을 적용한 국내 외식산업의 경제적 파급효과 분석)

  • 천희숙;한경수
    • Korean Journal of Community Nutrition
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    • v.8 no.5
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    • pp.763-769
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    • 2003
  • The food-service industry in Korea has experienced remarkable growth during the past few decades. The objectives of this study were to analyze the influence of the food-service industry upon the national economy by using an input-output analysis and to find the industrial position of the food service industry. This paper analysed the economic effect of the food-service industry using 168 items arranged in a transaction table based on producer's prices in the 1995 input-output tables. The results of this study showed that the food-service industry had a major influence on the national economy of Korea. Based on the calculation of the following five coefficients; Korea's production inducement coefficient ranked as 50, its import inducement coefficient ranked as 28, its value added inducement coefficient ranked as 32, its worker inducement coefficient ranked as 2 and its employee inducement coefficient per final demand ranked as 5 in a total of 168 industries.

The Economic Impact Analysis of Building Game Industrial Complex In Incheon (인천지역 게임산업단지 설립의 경제적 파급효과 분석)

  • Nam, Ki-Chan;Lee, Byung-Min
    • Journal of Korea Game Society
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    • v.11 no.4
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    • pp.117-126
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    • 2011
  • This study has an objective to analyze economic impact of building game industrial complex in Incheon. There are few studies about economic impact of game industry, despites of the high expectations for game industry development as important cultural content in the regional economy. Therefore, this study gives value as an intuitive analysis in terms of understanding the game industry. Regional input-output analysis was conducted based on construction sector, game related manufacturing and game related service sector in case of fulfilling establishment of game industrial complex in the Incheon Free Economic Zone. From results of this study, we find out the importance of game industry's effects on both regional and national level and it is expected a big impact on the future direction of related studies.