• Title/Summary/Keyword: supply-shortage effect

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The Role of the Value Added Network Service Industry in the Korean Economy: Using An Input-Output Analysis (부가통신서비스산업의 경제적 파급효과 분석: 산업연관분석을 이용하여)

  • Shin, Yong Jea;Choi, Sung Wook
    • Journal of Digital Convergence
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    • v.11 no.12
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    • pp.1-10
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    • 2013
  • The value added network service industry has played and important role in the telecommunication service industry and in the economic development of Korea. This study uses input-output analysis to investigate the role of value added network service sector in the Korean national economy for the period 2000, 2005, 2009, focusing on four topics in its application: production inducing effects, value-added inducing effect, employment-inducing effects by demand-driven model and supply shortage effect by supply-driven model, inflation impacts by the Leontief price model, finally analysing inter-industry linkage effects. The results of this study are as follows: production inducing effects analysis 2000 0.5253won to 2009 1.31314won, value-added inducing effects 0.25112won to 0.5337won employment inducing effects from 0.09749 to 0.21025 people grew, the supply shortage effect from 1.29003 to 2.12048won, price impact of Leontief price model was increased from 0.0022% to 0.00258%. Finally, inter-industry linkage effects, appeared to have the characteristics of final demand raw industrial.

Dilemma of a small dam with large basin area under climate change condition

  • Jeong-Hyeok Ma;Chulsang Yoo;Tae-Sup Yun;Dongwhi Jung
    • Computers and Concrete
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    • v.33 no.5
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    • pp.559-572
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    • 2024
  • Problems of under-sized dams (small dams with large basin area) could get worse under the global warming condition. This study evaluates the possible change of these problems with the Namgang Dam, an under-sized dam in Korea. For this purpose, first, this study simulates the dam inflow data using a rainfall-runoff model, which are then used as input for the reservoir operation. As a result, daily dam storage, dam release, and dam water supply are derived and compared for both past observed period (1973~2022) and future simulated period (2006~2099) based on the global warming scenarios. Summarizing the results are as follows. First, the inflow rate in the future is expected to be increased significantly. The maximum inflow could be twice of that observed in the past. As a result, it is also expected that the frequency of the water level reaching the high level is increasing. Also, the amount and frequency of dam release are to be increased in the future period. More seriously, this increase is expected to be concentrated on rather extreme cases with large dam release volume. Simply, the condition for flood protection in the downstream of the Namgang Dam is becoming worse and worse. Ironically, the severity of water shortage problem is also expected to become much worse. As the most extreme case, the frequency of no water supply was zero in the observed period, but in the future period, it becomes once every five years. Both the maximum consecutive shortage days and the total shortage volume are expected to become more than twice in the future period. To prevent or mitigate this coming problem of an under-sized dam, the only countermeasure at this moment seems to be its redevelopment. Simply a bigger dam with larger dam reservoir can handle this adverse effect more easily.

Economic Effects of Sewage and Wastewater Treatment Service Sector: An Inter-industry Analysis (산업연관분석을 활용한 하수처리 부문의 경제적 파급효과 분석)

  • Park, So-Yeon;Lim, Seul-Ye;Yoo, Seung-Hoon
    • Journal of Korean Society of Water and Wastewater
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    • v.29 no.2
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    • pp.171-182
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    • 2015
  • The economic effects of sewage and wastewater treatment service (SWTS) sector on other sectors have been rarely investigated in the literature. This paper attempts to apply an inter-industry analysis to looking into the economic effects of the SWTS sector. To this end, the most recently published 2012 input-output table is used here. In particular, the SWTS sector is specified as exogeneous to identify the economic effects of the SWTS sector on other sectors. Production-inducing effect, value-added creation effect, and employment-inducing effect are quantified based on demand-driven model. Supply shortage effect and price pervasive effect are also analyzed employing supply-driven model and Leontief price model, respectively. The results show that production-inducing effect and value-added creation effect of a unit of investment or production in SWTS sector are estimated to be 1.7076 and 0.7392, respectively. The employment-inducing effect of one billion of investment or production in the SWTS sector is computed to be 11.0498 persons. The shortage effect of the SWTS sector amounts to 0.8417 won. The overall price effect of the 10% increase in the price of SWTS sector is calculated to be 0.0115%. This quantitative information can be utilized in predicting the economic effects of the SWTS sector-related activities or policy-making.

An Economic Analysis of Desalination for Potential Application in Korea (국내 적용을 위한 해수 담수화 경제성 분석)

  • Park, No Suk;Park, Hee Kyung;Park, Mi Hyun;Kim, Byung Duck
    • Journal of Korean Society of Water and Wastewater
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    • v.12 no.3
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    • pp.48-54
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    • 1998
  • Korea becomes one of the countries which suffer from water shortage. It is expected that its water shortage in the early 2000's will be more than 10% of the annual demand. The shortage problem is more serious in the coastal areas where many industry complex locate. To solve the shortage problem, seawater desalination gets more attention as an alternative water supply source since Korea is surrounded by sea on its three sides. For potential application of seawater desalination in Korea, an economic analysis was conducted using cost data for the plants in the Middle Ease areas, The United states and others. The study is to provide a basis for the government to establish a strategy for promoting seawater desalination in Korea. It is discussed that the Reverse Osmosis (RO) process gets cheaper over times than the thermal processes of Multi-stage Flash Distillation (MSF) and Multi Effect Distillation (ME), especially in case where the capacity is less than about 50,000 ton/day. The unit cost of RO seawater is analyzed about US$1.35/ton in 1990 price. Since the Desalination plant can be operated regardless of weather conditions, industries in Korea's coastal areas which suffer from frequent droughts and water shortages are recommended to look into this option with more attention.

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Comparative Analysis of Policies to Vitalize Spectrum Sharing Ecosystem using System Dynamics (시스템 다이내믹스를 이용한 주파수 공유 생태계 활성화 정책대안 비교 분석 연구)

  • Song, Hee Seok;Kim, Jae Kyung;Kim, Taehan
    • Journal of Information Technology Applications and Management
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    • v.21 no.4_spc
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    • pp.431-447
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    • 2014
  • Demand of spectrum resource is tremendously increasing and this trend will continue as more IT services such as cloud computing, smart devices, Internet of Things are provided through wireless network. Recent development of spectrum sharing technology has drawn attention to spectrum policy makers as a promising way to overcome the expected spectrum shortage problem. However, technology-based solution to spectrum shortage problem may not be sustainable since the solution affect only one aspect of spectrum sharing ecosystem. To understand the whole picture of spectrum shortage problem, policies to vitalize spectrum sharing ecosystem were proposed based on the analysis of System Dynamics causal map in the previous study. This study compares and analyzes the effect of those proposed vitalization policies by using System Dynamics simulation. Among seven alternative policies, combined application of demand acceleration policy and technology development policy was found to be more effective for better utilization of spectrum. The effect of demand acceleration policy was offset when other policies are applied together except supply acceleration policy which shows better spectrum sharing.

Role of the Korea Steel Industry in the National Economy Analysis (한국 철강산업의 국민경제적 파급효과 분석)

  • Jung, Kun-Oh;Lim, Eung-Soon
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.9 no.3
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    • pp.831-839
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    • 2008
  • The steel industry is becoming more important around the world and the demand of steel is increasing. Korea is the 5th country of steel producing in the world and the attention in the steel industry is growing. The steel industry is one of the key industry in leading the economic growth in Korea. This study attempts to analyze by time-series the economic impacts of the steel industry using an inter-industry analysis Specifically, the study investigates production-inducing effect, value added inducing effect and employ-inducing effect of the steel industry based on demand-driven model and the study deals with supply shortage effect and sectoral price effect of the steel industry by using supply-driven model and Leontief price model.

The Study for Forming Effective Exchange System of Empty Containers (효율적인 공컨테이너 교환시스템 설계에 관한 연구)

  • Jo, So-Hee;Kim, Hyun;Kwak, Gu-Suck
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2009.06a
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    • pp.169-170
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    • 2009
  • With increase in container traffic, there has been constant shortage in supply of containers causing upward tendency at a price of sale and lease. In this point of view, it is safe to say that the importance of demand and supply management for containers is getting dear. At the same time, growing dependence on leasing containers has huge effect on increase in cost because of the difficulty in forming forecast model.

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A Comparative Analysis on the Economic Effects of the Electricity Industry of Korea and Japan (한국과 일본 전력산업의 경제적 파급효과 비교 분석)

  • Lee, Seung-Jae;Euh, Seung Seub;Yoo, Seung-Hoon
    • Journal of Energy Engineering
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    • v.24 no.2
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    • pp.59-71
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    • 2015
  • This study attempts to examine the economic impacts of electricity industry in Korea and Japan using an inter-industry analysis. Specifically, the study analyzes and compares electricity industry between Japan and Korea through production-inducing effect and value added inducing effect of electricity industry based on demand-driven model. Moreover, this study deals with supply shortage effect and sectoral price effect by using supply-driven model and Leontief price model, respectively. This study analyses the electricity industry through exogenous approach. The results show that electricity industry induces prodution-inducing effect of 0.5946 won in other industries in Korea and 0.5446 yen in other industries in Japan. Value-added-inducing effects are 0.1716 won in other in other industries in Korea and 0.2929 yen in other industries in Japan. Supply shortage effects of electricity industry are 1.5932 won in other industries in Korea and 1.2801 yen in other industries in Japan. And sectoral price effects are 0.2113% in Korea and 0.2196% in Japan due to the price increase of 10% of electricity industry.

The role of the digital culture contents industry in the knowledge economy: An input-output analysis (디지털 문화 콘텐츠 산업이 지식경제사회에 미치는 파급효과 분석)

  • Shin, Yong Jae;Lee, Dong Hyun
    • Knowledge Management Research
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    • v.17 no.1
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    • pp.73-89
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    • 2016
  • The digital culture contents is one of the fastest growing industry in Korea and it accounts for 60% of the digital contents industry. This paper attempts to analyze economic impacts of the digital culture contents industry using input-output analysis. This study investigated the production-inducing effect, value-added-inducing effect and employment-inducing effect of the digital culture contents industry based on a demand-driven model. In addition, the study dealt with the supply shortage effect and sectoral price effect of the digital culture contents industry using a supply-driven model and the Leontief price model, including the inter-industry linkage effects of 29 sectors with the digital culture contents industry sector. Some interesting findings were drawn from the study. First, production of 1.0 won in the digital culture contents industry results in production-inducing effect of 2.39542 won, value-added effect of 1.29895 won and employment-inducing effect of 0.39657 persons in other industries. Second, the supply shortage of 1.0 won in the digital culture contents industry prevents other industries from producing 0.56631 won. Third, a 1% increase in the price level of the digital culture contents industry raises the overall price level by 0.06017%. Finally, very high backward linkage effects were found, but forward linkage effects were minimal.

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Evaluation on the water supply stability of nakdong river basin based on future scenarios (미래 시나리오 기반 낙동강 유역의 용수공급 안정성 평가)

  • Choi, Si Jung;Kang, Seong Kyu;Lee, Dong-Ryul;Kang, Shin-Uk
    • Journal of Korea Water Resources Association
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    • v.51 no.spc
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    • pp.1105-1115
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    • 2018
  • In Korea, there are only a few cases that quantitative evaluate the impacts of climate change on water supply. Therefore, to ensure stable water supply in the future, a water resources plan is needed to establish by analyzing the scenarios that take into consideration the various situations in the future. In this study, we analyzed the changes of various situations for the Nakdong River basin, and constructed it for the future scenario. The stability of the water supply was analyzed through the analysis of water supply and demand prospect for each scenario path. We selected the areas expected to experience difficulty in supplying water supply and analyzed the scenarios of future water shortage by region and water sector. Also, the effect of increasing water supply capacity through optimal integrated operation of water supply facilities was analyzed and presented. Analysis of the results shows that there is a difficulty in supplying water due to future climate change experienced in the Nakdong River basin. Therefore it is necessary to prepare various countermeasures in order to mitigate or solve this problem.