• Title/Summary/Keyword: employment-inducing effect

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The Effect of Related and Unrelated Varieties of Industry and Occupation on Regional Economic Growth in Korea (산업 및 직종의 상호연관적 다양성과 비연관적 다양성이 지역의 경제성장에 미치는 영향)

  • Song, Changhyun;Kim, Chanyong;Lim, Up
    • Journal of the Korean Regional Science Association
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    • v.35 no.2
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    • pp.73-86
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    • 2019
  • The purpose of this paper is to empirically analyze the effects of related and unrelated varieties of industry and occupation on regional economic growth. Recent studies dealing with the mechanism of economic growth argue that occupation as well as industry act as the driving force of regional economic growth by inducing knowledge externalities. Therefore, this study comprehensively analyzed the effects of occupational diversity along with industrial diversity. For the empirical analysis, we set the regional labor market areas as the spatial units of analysis. Dependent variables include regional per capita GRDP and employment growth between 2010 and 2015, and related and unrelated variety of industry and occupations measured based on the entropy approach are used as key explanatory variables. Our empirical results show that the related variety of industry has a positive effect on per capita GRDP in the region, and the related variety of occupation has a positive effect on regional employment growth. On the other hand, the unrelated variety of industries shows a negative correlation with regional employment growth. Based on the empirical results, this paper provides regional policy implications for strengthening economic vitality by dividing the diversity of industry and occupation into related and unrelated varieties and analyzing how they affect regional economic growth.

A Study on the Ripple Effect Economy of Busan Ubiquitous-Safety Realization on Using an Input-Output Model (I-O모형을 이용한 부산 U-방재 실현의 경제적 파급 효과 분석에 관한 연구)

  • Ryu, Tae-Chang;Kim, Tae-Min;Kim, Gyeong-Su
    • Journal of the Korean Society of Hazard Mitigation
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    • v.8 no.6
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    • pp.93-100
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    • 2008
  • Dense of population construction and high density of skyscraper, and geological characteristics caused natural disasters(e.g. typhoon, tsunami, flood, storm, earthquake, etc.) and manmade disasters(e.g. fire, collapse, explosion, traffic accident, etc.). the extent and scale of the disaster are getting larger. To cope with such problems, Busan City has established the basic plan to secure the life and property of the citizens through model strategy and design of Ubiquitous-Safety Busan. This study quantitatively analyzed the ripple effect on local economy through the fulfillment of Ubiquitous-Safety. The production inducing effect of 250 billion won directly and indirectly can be estimated due to the realization of Ubiquitous-Safety. The value added effect of 115 billion won can be estimated. the employment effect of 5,580 persons can be generated with income effect of 51 billion won.

Effect of Promotion Type on Customer Satisfaction and Behavioral Intention in Franchise Coffee Shop (프랜차이즈 커피 전문점의 프로모션 종류가 고객 만족도와 행동의도에 미치는 영향)

  • Nam, Ayoung;Yoon, Jiyoung
    • The Korean Journal of Food And Nutrition
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    • v.31 no.1
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    • pp.173-184
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    • 2018
  • This research was conducted to examine coffee shop customers' preference and satisfaction by different types of promotion. Research samples ware adults with experience of any form of coffee shop promotion (n=209). Descriptive statistics, Chi-square, t-test and one-way ANOVA were used to analyze the relations among variables. Results showed that 'free coupon' was the most preferred ones. SNS was the most frequently used search method for coffee shop coupon promotion information. The most preferred event promotion was 'freebies', and preference levels were significantly different by age and employment status. 'Barista experience' was ranked highest in preference among cultural experience events. Drinking coffee was the most important purpose of visiting coffee shops, especially among unemployed, twenties, and women respondents. Coupon was evaluated the highest in usefulness and satisfaction among the three promotion methods. Event and cultural experience were preferred more by respondents in their twenties than those in their thirties. Results indicated that all promotion strategies are effective for increasing customer satisfaction and for inducing revisit. Findings also showed that preference for promotion was affected by customer characteristics such as age and gender. Therefore, coffee shops should consider using the most effective and attractive promotion strategy for their target market, while maintaining a consistent service quality level to fulfill customer expectation.

Estimating the Market Size of the Marine Environmental Industries and Analyzing Their Economic Effects (해양환경산업의 시장규모 추계 및 경제적 파급효과 분석)

  • Jin, Se-Jun;Park, Se-Hun;Yoo, Seung-Hoon
    • Journal of the Korean Society of Marine Environment & Safety
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    • v.22 no.5
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    • pp.536-546
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    • 2016
  • Using the inter-industry tables over the period 2010-2013 published by the Bank of Korea, this paper attempts to uncover the national economic role of the marine environmental industries through the estimation of their market size and value-added, and to analyze their economic effects through inter-industry analysis. The results show that the market size of the marine environmental industries has increased from 1.34 trillion won in 2010 to 1.97 trillion won in 2013 and their share in total national output went up from 0.04 % in 2010 to 0.05 % in 2013. Moreover, the value-added of the marine environmental industries, 618.5 billion won in 2010, amounted to 841.5 billion won in 2013 and their proportion in total national value-added has grown from 0.05 % in 2010 to 0.06 % in 2013. Three findings emerge to be used demand-driven model from the inter-industry analysis. First, the production-inducing effect of 1.0 won production or investment in the marine environmental industries has decreased from 1.8845 won in 2010 to 1.8115 won in 2013. Second, the value-added creation effect of that has declined from 0.7680 won in 2010 to 0.7063 in 2013. Third, the employment-inducing effect of 1.0 billion won production or investment in the marine environmental industries has went down from 10.17 people in 2010 to 9.18 people in 2013. In short, the market size and value-added of the marine environmental industries show an increasing trend, but their economic effects reveal a diminishing trend.

Estimating the Economic Effects of Smart Tourism Mobility in Seoul: Using RAS Method (RAS 기법을 활용한 서울 스마트관광 모빌리티의 경제적 파급효과 분석)

  • Hyunae Lee;Hyunji Kim;Namho Chung
    • Knowledge Management Research
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    • v.24 no.4
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    • pp.131-152
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    • 2023
  • One of the key domains within a smart tourism city, smart mobility, encompasses advanced transportation means and services rooted in Information and Communication Technology (ICT). This includes shared bicycles, scooters, car-sharing services, smart transportation infrastructure, and more, aiming to surpass limitations of conventional transport and improve the movement of people and goods. It also serves tourists as an affordable and convenient mode of transport between attractions while also enhancing the overall travel experience. This study has defined 'smart tourism mobility' as a form of mobility grounded in ICT, exhibiting exceptional connectivity, serving public interest, and serving as a mode of transport for both residents and tourists in a smart tourism city. The research aimed to outline the scope of smart tourism mobility-related industries through expert Delphi surveys and estimate their economic effects within a smart tourism city. Specifically, this study updated 2015 input-output table and made 2020 regional input-output table of Seoul adopting RAS method and location quotient method. The results showed that the about 2.8 billion KRW investment of Seoul in smart tourism mobility may create more than 4.1 billion KRW in production inducement effect which is expected to create more than 1.6 billion KRW of income-inducing effect, 3.6 billion KRW of value-added-inducing effect, and 54 employment across all industries in Seoul in 2022.

University Enrollment Policy in the Capital Region and Its Impact on Population Dispersal (수도권 대학정원정책의 수동권 인구분산교과에 관한 연구)

  • 임창호;구자훈;안근원
    • Journal of the Korean Regional Science Association
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    • v.9 no.1
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    • pp.45-63
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    • 1993
  • University enrollment has long been regarded as one of the major factors inducing population concentration in Seoul and the Capital Region of Korea. Consequently, since early 1980's increases in enrollment and new establishments of extention universities beyond the boundary of Seoul, has been promoted, while university enrollment quota in Seoul has been strictly controlled. The degree of actual population dispersal, however, resulting from such a university enrollment policy has not been empirically tested. This paper aims at: First, identifying the trend of population growth and evolution process of the university enrollment policy in the Capital Region; Second, comparing the degree of influence of university enrollment on population concetration factors; Third, measuring actual effect of the enrollment control on population dispersal out of Seoul and the Capital Region. Major findings are as follows: First, only a week correlation between population and university enrollment growth trends was found; Second, the relative degree of influence on population concentration in the Capital Region, were order, in the order of magnitude, the physical amenity factor, the socio-cultural amenity factor, the employment climate factor and the educational factor. Third, and most improtant, based on the comparison of spatial distribution of graduated high schools and current residence of the selected university students, the gap between the two distributions was revealed and the inter-regional student population movement was estimated. The result shows that in Seoul's case about one-half of and in Kyunggi Province's case about one-fifth of university enrollment size, contributes to population concentration into Seoul. Fourth, as to the universities outside of the Capital Region, little effect in the case of universities located within the commuting distance, and a little effect on population dispersal in the case of universities located beyond commuting distance, were found. In sum, it seems clear that university enrollment policy in the Capital Region, especially in Inchon/Kyunggi Province has not been effective on student population dispersal out of Seoul and the Capital Region. Therefore, it is strongly recommended that university enrollment policy be throughly re-examined from its goal to the implementation means.

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Regional Economic Effects of The Development in New Port : Focused on Incheon Port (항만 개발이 지역경제에 미치는 파급효과 - 인천항을 중심으로 -)

  • Yoo, Hong-sung;Kim, Youn-Sung;Shin, Jin;Chung, Ben-Yoon
    • Journal of Korea Port Economic Association
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    • v.26 no.3
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    • pp.240-258
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    • 2010
  • The purpose of this paper is to quantify the regional economic effects of the development in Incheon New Port(Stage I) using a regional I/O table and to provide implications for making policies to support the development of the port logistics industry. According to the results of this study, production inducing effect 6,064.5 billion won on Incheon local economy from the development of port facilities at the Incheon New Port (Stage I) occupies 15.0% of 40,398.5 billion won the total production of the Incheon area in 2005, added value inducing effect 2,821.3 billion won occupies 7.7% of 36,508.0 billion won the total added value of the Incheon area in 2005, and induced new employment 72,424 workers occupies 9.0% of 808,248 workers the total number of employees in the Incheon area in 2005. As presented above, the development in the Incheon New Port(Stage I) was expected to have huge spillover effects on Incheon local economy. Accordingly, the development in Incheon New Port must be promoted in a timely manner on national.

The Economic Effect of Industrial Investment on North Korea Energy and Natural Gas (북한 에너지산업과 천연가스분야 투자에 따른 경제적 파급효과)

  • Kim, Hyoung-Tae;Chae, Jung-Min;Cho, Young-Ah;Kim, Jin-Ho
    • Journal of the Korean Institute of Gas
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    • v.20 no.4
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    • pp.7-14
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    • 2016
  • The economic crisis in North Korea has reduced its capacity to invest in the energy industries. The country is going through a vicious cycle of decreased investment in the energy industries and reduced energy production. This suggests that the energy industries would come to the top priority of investment once the economy improves. This paper calculated the economic ripple effect of the investment on North and South Korean economies based on the assumption that 390 billion won was invested in the construction of a natural gas combined-cycle power plant in Gaesong Industrial Complex. In order to analyze the economic ripple effect of the investment on North Korean economy, we constructed the inter-industry relation table of North Korea for year 2014 and used the input-output model. The ripple effect of the investment in the natural gas industry turned out to be 1.012 billion dollars. In order to analyze the effect of the investment on South Korean economy, we constructed the inter-industry relation table of South Korea for year 2013 and used the demand-driven model for inter-industry analysis. As a result, production, added-value and employment inducement coefficients of the investment in the natural gas industry were calculated as 2.02073, 0.62697 and 8.99409 respectively.

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.

Economic Impact of HEMOS-Cloud Services for M&S Support (M&S 지원을 위한 HEMOS-Cloud 서비스의 경제적 효과)

  • Jung, Dae Yong;Seo, Dong Woo;Hwang, Jae Soon;Park, Sung Uk;Kim, Myung Il
    • KIPS Transactions on Computer and Communication Systems
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    • v.10 no.10
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    • pp.261-268
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    • 2021
  • Cloud computing is a computing paradigm in which users can utilize computing resources in a pay-as-you-go manner. In a cloud system, resources can be dynamically scaled up and down to the user's on-demand so that the total cost of ownership can be reduced. The Modeling and Simulation (M&S) technology is a renowned simulation-based method to obtain engineering analysis and results through CAE software without actual experimental action. In general, M&S technology is utilized in Finite Element Analysis (FEA), Computational Fluid Dynamics (CFD), Multibody dynamics (MBD), and optimization fields. The work procedure through M&S is divided into pre-processing, analysis, and post-processing steps. The pre/post-processing are GPU-intensive job that consists of 3D modeling jobs via CAE software, whereas analysis is CPU or GPU intensive. Because a general-purpose desktop needs plenty of time to analyze complicated 3D models, CAE software requires a high-end CPU and GPU-based workstation that can work fluently. In other words, for executing M&S, it is absolutely required to utilize high-performance computing resources. To mitigate the cost issue from equipping such tremendous computing resources, we propose HEMOS-Cloud service, an integrated cloud and cluster computing environment. The HEMOS-Cloud service provides CAE software and computing resources to users who want to experience M&S in business sectors or academics. In this paper, the economic ripple effect of HEMOS-Cloud service was analyzed by using industry-related analysis. The estimated results of using the experts-guided coefficients are the production inducement effect of KRW 7.4 billion, the value-added effect of KRW 4.1 billion, and the employment-inducing effect of 50 persons per KRW 1 billion.