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The Industrial Economic Costs of Unsupplied Electricity in OECD Countries using Input-Output Analysis

산업연관분석을 활용한 전력의 산업별 공급지장비용 평가 : OECD 국가를 중심으로

  • Received : 2016.06.15
  • Accepted : 2016.08.08
  • Published : 2016.08.31

Abstract

As the electricity produced from the electricity industry, a national key industry in Korea, are supplied to other industries as an intermediate goods, the supply shortage of electricity industry has a large impact on the national economy. This paper attempts to analyze the supply shortage effects which are defined as the negative impact of one won of supply failure in the electricity on the production of other industries. To this end, an input-output analysis using an input-output (I-O) table describing inter-industry flow of intermediate goods is applied. More concretely, the supply-driven model is applied subject to the OECD countries. The value of the supply effects interfere with Denmark's best large 1.682 was followed by South Korea, Japan, Australia, the UK.

Keywords

electricity industry;input-output analysis;supply shortage effect;exogenous specifications;OECD countries

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Acknowledgement

Supported by : 한국연구재단