Environmental and Resource Economics Review (자원ㆍ환경경제연구)
- Volume 11 Issue 4
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- Pages.581-608
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- 2002
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- 1229-9146(pISSN)
The National Economic Effects of Four Power Generation Sectors: Using an Industrial Linkage Analysis
발전부문별 국민경제적 파급효과 분석 - 산업연관분석을 적용하여 -
- Published : 2002.12.30
Abstract
The electric power industry has played an important role in dramatic economic development in Korea and the electricity has constituted a critical factor sustaining the well-being of the Korean people. This study uses input-output analysis to investigate the role of four electric power sectors (hydroelectric, fossil-fuels, nuclear and non-utility) in the Korean national economy for the period 1985~1998, focusing on four topics: the impacts of electricity supply investments, the electricity supply shortage effects, and the impacts of the rise in electricity rates, and the inter-industry linkage effect. The overall results reveal that non-utility electric sector is superior in terms of the national economy-wide effects to other three sectors throughout the period. Finally, potential uses of the results are illustrated from the perspective of policy instruments and some policy implications are discussed.