• Environmental Engineering Research
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• v.16 no.1
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• pp.19-27
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• 2011

This paper introduces an approach to identify the total energy consumption with subsequent $CO_2$ emissions, for both industrial and non-industrial sectors. Statistical data for 2005 were compiled in a national account system to construct an energy input-output table for investigating the influence between energy demand and supply activities. The methodological approach was applied to South Korea. Twelve types of energy and fifteen industrial and non-industrial sectors are formed as the compartments of the input-output table. The results provided quantitative details of the energy consumption and identified the significant contributions from each sector. An impact analysis on the $CO_2$ emissions for the demand side was also conducted for comparison with the supply side.

• New & Renewable Energy
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• v.8 no.1
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• pp.8-17
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• 2012

The Korean government pushed ahead various policies to disseminate photovoltaic (PV), wind power, small hydro, bio-fuel, etc. Renewable energy system (RES) budget of the Korean government increased from 118 billion won of 2003 to 876.6 billion won of 2010. The R&D budgetary supports for RES increased by 6.8 times in the period 2003-2010. It is necessary to confirm RES budget expenditure that renewable energy promotion policy makes good performance evaluated in quantity level. This paper made Input-Output Table 2009 contains photovoltaic power generation equipment industry as a dependent sector and analyzed induced production effect by demand of photovoltaic power generation equipment industry. From the empirical analysis result, additional demand in photovoltaic power generation equipment induced 1.932 times of induced production in Korea. Each of industry sector has positive induced production from the additional demand in photovoltaic power generation equipment. Renewable energy promotion in photovoltaic power generation is considered together with industry policy as the option to sustain economic growth.

• Journal of the Korea Institute of Building Construction
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• v.11 no.3
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• pp.247-255
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• 2011

Currently, there is database for per unit requirements of major construction materials in terms of energy consumption and $CO_2$ emission based on the input-output table published by the Bank of Korea in 2000, but no database for per unit requirements based on input-output tables was published in 2005 and 2007. The purpose of this study was to calculate the unit requirement values of major construction materials in terms of energy consumption and $CO_2$ emission generated by using the input-output tables published in 2005 and 2007. To estimate the unit requirement values, a database building method with the input-output tables was adopted by selecting 16 types of construction materials in wide use on construction sites. When the study results were compared with existing unit requirement values based on the input-output table of 2000, there were small discrepancies, from which it can be interpreted that the method used in the study is reasonable. Unit requirement values estimated based on input-output tables of 2005 and 2007 tended to decrease, and the highest value of energy consumption and $CO_2$ emission were found in the materials using cement and rebar.

• Environmental and Resource Economics Review
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• v.16 no.2
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• pp.313-336
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• 2007

The paper is concerned with, firstly, estimating the North Korean input-output table in which energy sectors like electricity and petro products are specified and, secondly, computing the effect of an investment in the energy sector on North Korean economy, by using the estimated input-output table and applying CGE analysis. The 4,000 million dollar investment on North Korean electricity industry produces 368 million dollar worth of output and 156 million dollar worth of value added. The 150 million dollar investment on petro industry creates about 20.5 million dollar worth of output and 9.65 million dollar worth of value added in North Korea.

• Environmental and Resource Economics Review
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• v.15 no.3
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• pp.425-450
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• 2006

The index of energy intensity(energy/GDP) has been a primary policy concern since it can clarify industry sectors which use energy intensively and generate $CO_2$ emission heavily. Although energy intensity index may be suitable for estimating $CO_2$ emission from an isolated industry sector, we need an index for induced $CO_2$ emission since industrial activities are interconnected in terms of input and output. By employing Environmental Input-Output Table 2000, this paper analyses the flow of energy demand and pollutants after first estimating an induced $CO_2$ emissions from various industrial sectors and economic activities. The paper reports higher induced $CO_2$ emissions from industry sectors with larger energy intensity since they produces goods or services retaining relatively considerable environmental load. Furthermore, it is shown that environmental load and $CO_2$ emissions in overall economy are likely increasing when the products of energy intensive industrial sector is used as inputs for less intensive sectors' production process. The result suggests we need consistent policy efforts to reduce energy intensity to lower $CO_2$ emissions.

• Journal of Hydrogen and New Energy
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• v.34 no.5
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• pp.398-412
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• 2023

The Korean government is actively promoting the hydrogen industry as a key driver of economic growth. This commitment is evident in the 2019 hydrogen economy activation roadmap and the 2021 basic plan for hydrogen economy implementation. This study quantitatively analyzes the economic impact of the hydrogen economy using input-output analysis based on the Bank of Korea's 2019 input-output table, projecting its size by 2050. Four parts dealt with production-inducing, value-added creation, employment-inducing, and wage-inducing based on a demand-driven model. The results reveal that transportation had the most remarkable economic effect throughout the hydrogen economy, and production was the least. The hydrogen economy is projected to reach 71.2 trillion won by 2050.

• Environmental and Resource Economics Review
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• v.31 no.4
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• pp.849-864
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• 2022

In case of a specific sector being divided into sub-sectors, this study presents a process for estimating an input-output table, which is frequently used as basic data in fields of energy and environment economics. RAS method, which is universally used for this case, requires information on production, intermediate input sum, and intermediate demand sum for each sector in the new table. But in many cases, it is difficult to secure information on intermediate demand sum by sector. This study suggests a process for estimating a new input-output table without using information of intermediate demand sum in the case of sector separation, under the assumption that information of production value and intermediate input sum by sector are available. The key idea is that the values of many elements in the input-output table after disaggregation are the same as those in the table before disaggregation and that the sum of the elements after disaggregation, equals the values of the elements before disaggregation. The process of estimating the intemediate transaction matrix or the input coefficient matrix is presented by using these information instead of intermediate demand sum information. A small-scale simulation shows that the average error rate of the process proposed in this study is about 11.23% in estimating input coefficients, which is smaller than the 11.30% estimation error of RAS using the information of intermediate demand sum. However, since it is known in the literature that using additional information does not always improve estimation performance compared to not using it, additional research on various simulations is needed to apply the method of this study to reality.

• Journal of Korea Technology Innovation Society
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• v.8 no.spc1
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• pp.499-524
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• 2005

The economic spillover effect from technology self-reliance of NSSS(nuclear steam supply system) by Korea Atomic Energy Research Institute was evaluated. Both production spillover effect and value added spillover effect were estimated by using Input-Output table. The production spillover effect from technology self-reliance of NSSS was estimated as 135 trillion Won during 1986-2015, while the value added spillover effect was 69 trillion Won during the same period. Besides, it was found that the technology self-reliance made great contribution to unquantifiable economic benefits such as enhancement of overall nuclear technology level, improvement of the role in international nuclear society, and improved potential to nuclear technology export.

• Journal of Korea Technology Innovation Society
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• v.7 no.2
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• pp.325-349
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• 2004

This paper tried to evaluate an economic analysis about research and development far areas of renewable resource in Korea. To evaluate this validity, we tried to calculate the spillover effect of R＆D investment through input-output table. In the first stage of spillover effect, we simply calculate the rate of return on R＆D investment for renewable energy resources in Korea through the input-output model, which can calculate the value added as well as output based upon the price of 2000 year. According to the first stage calculation, the rate of return on R＆B investment in solar heat is higher than any other renewable energy. In the second stage we tried to calculate the second round of spill over effect, which derives from the additional amount of supply of renewable resources due to the R＆D investment. The overall evaluation of R＆D invesment including the first stage as well as second stage spillover effect shows that bio-energy and waste energy generate 14 times as well as 2.5 times in the rate of return respectively.

• Journal of Climate Change Research
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• v.7 no.1
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• pp.59-68
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• 2016

The world's major countries have focused on the renewable energy industry as the solution to climate change and the energy crisis. Nevertheless, there are no studies on the economic effects of the renewable energy industry. This study analyzed the economic effects of Korea's renewable energy industry by using the 2010 Input-Output Table. It is estimated that Korea's renewable energy industry made a production-induced effect of 2.0262 won, and a value-added-induced effect of 0.6138 won through an increase in output growth of 1 won, and an employment-induced effect of 2.3046 labors through an increase in output growth of 1 billion won. Both the effect ratio and the response ratio were greater than 1, which means the renewable energy industry is an intermediate manufacturing industry whose forward linkage effect and backward linkage effects are large. These results show differences with previous studies that classified electricity sector and renewable energy industry into final primary production industries. It is expected that the economic effects of the renewable energy industry will become greater in the future. Therefore, research on statistics related to the renewable energy industry is needed for more precise analysis.