• Title/Summary/Keyword: Input-output table

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Medical Tourism Industry in Kangwon Province and Its Economic Impacts on the Region

  • Zhu, Yan Hua;Kang, Joo Hoon;Jung, Yong-Sik
    • Journal of Korea Society of Industrial Information Systems
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    • v.19 no.3
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    • pp.115-125
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    • 2014
  • This paper has two purposes. The first is to suggest the new and simple method to derive a regional input-output model from the national input-output table published by the Bank of Korea. The interregional input-output table has not been devised in spite of its potential use while the national table has been made every five years with the revised version during each five years. Second, this paper aims to derive Kangwon interregional input-output model from the national model using the regional supply proportion of industry and to analyze the effect of medical tourism industry on the regional economy of Kangwon Province. The paper measures, in particular, the effect of medical tourism industry on the financial self-sufficiency of Kangwon Province using the estimated output elasticity of tax revenue with the autoregressive distributed lag scheme ADL(1,1) in which the dependent variable and the single explanatory variable are each lagged once.

Development and Application of an Energy Input-Output Table for an Energy Demand and Supply Activities Analysis

  • Pruitichaiwiboon, Phirada;Lee, Cheul-Kyu;Baek, Chun-Youl;Lee, Kun-Mo
    • 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.

Development and Use of Interregional Input-Output Table under the Limited Information: A case of Korea (정보가 제약된 조건하에서 지역관 산업연관표의 작성과 그 응용 - 한국의 경우 -)

  • Ko, Suk-Nam;Kwack, Chul-Hong
    • Journal of the Korean association of regional geographers
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    • v.8 no.4
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    • pp.480-491
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    • 2002
  • The purpose of this study is to construct interregional input-output table for multi-regions using non-survey methods. Despite of wide use of interregional input-output table, there have been continuing debates with respect to it's accuracy mostly when it is constructed by non-survey method. The best ideal one is to construct through real survey, while we must pay much time and cost. With regard to this concern, Hulu and Hewings developed a step by step method for the estimation of interregional input coefficients for the Indonesian economy which might be a challenge for the limitation of location quotient method, for which Round pointed out earlier. A five regions interregional input-output table for Korea is developed in this study by expanding Location Quotient method. Some development was made, however, according to the degree of collection of data and the assumption in treating the interregional flows. Finally, a comparison was made for the accuracy of input coefficients between the real surveyed and derived ones.

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Economic Impact Effect Analysis of Flounder Aquaculture Industry in Jeju (제주넙치 양식산업의 경제파급 효과분석)

  • Kim, Jin-Ock;Kang, Seok-Kyu
    • The Journal of Fisheries Business Administration
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    • v.42 no.1
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    • pp.85-96
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    • 2011
  • We have done the input-output analysis to see the over all impact of flounder industry of Jeju region on the domestic economy of Korea. To do the input-output analysis, we have constructed the data set for the input-output table by using the existing data set in the "2003 input- output table of Jeju regional area" published by the joint work of Jeju branch of Korea bank and the Jeju Development Institute, together with some raw data provided by Jejudo Marine Fish-Culture Cooperative. We have also produced input coefficient of flounder industry by making flounder industrial sector exogenous, separated from intermediate demand. To summarize our empirical results, the inducement effect of production, value added, and employment of Jeju flounder aquaculture industry are 300 billion won, 116 billion won and 1,800 people respectively. In conclusion, the results of this study suggest flounder industry of Jeju region contributes powerfully to not only Jeju economy but also all over the Korea economy.

A Study on the Inter-relations of Fishery Industry among Korea, China and Japan - An Application of Asian International Input-Output Table - (국제산업연관표를 이용한 한중일 3국간 수산업 상호의존관계 분석)

  • Shin, Seung-Sik;Koo, Kyoung-Mo;Oh, Yong-Sik
    • The Journal of Fisheries Business Administration
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    • v.39 no.3
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    • pp.67-90
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    • 2008
  • In this study, we aimed to build the basic calculation model for linkage effects of fishery industry among Korea, China and Japan. For the calculation, we reconstructed the asian international input-output table, and on the basis of the reconstructed table, we made some analyses on the inter-relations among 3 nations focusing fishery industry. As the results, some positive backward linkage offsets of the fishery industries were found among 3 nations, and especially, production inducing effect of Chinese fishery industry to Japanese supplier was remarkable.

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Application of Input-Output Table to Estimate of Amount of Energy Consumption and CO2 Emission Intensity in the Construction Materials -Focusing on Input-Output Tables Published in 2005, 2007- (건축공사 주요자재별 에너지소비량 및 CO2 배출 원단위 값 산출에 산업연관표 적용 적정성 검토 연구 -2005년, 2007년 산업연관표를 중심으로-)

  • Jung, Young-Chul;Kim, Sung-Eun;Jang, Young-Jun;Kim, Tae-Hui;Kim, Gwang-Hee
    • 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.

A Study on the Economic Impact of Focused on the Input-output Table in the FDI inflow (산업연관표를 이용한 국내 외국인직접투자의 경제적 파급효과 분석)

  • Ji, Young-Han
    • International Commerce and Information Review
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    • v.18 no.1
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    • pp.235-258
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    • 2016
  • This study is to arrange the amount of foreign direct investment(FDI) inflow into the country between 2011 and 2013, using the Input-output Table on the basis of the bench-mark table of the same period, based on the Industry Relation Table. As a result, the average amount of FDI inflow of the three years was estimated 15.3 trillion won, and the average gross product inducement amount 45.8 trillion won. The characteristic of FDI inflow is that it is weighted in the industries with the high index of the sensitivity of dispersion and the high index of the power of dispersion, such as chemical products, electric and electronic equipment and metal products. It is especially anticipated to attract FDI to the industry with the high index of the sensitivity of dispersion used as the intermediary product.

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A Method for Estimating Input-output Tables with Disaggregated Sector (부문 분리된 산업연관표 추계방법)

  • Kiho Jeong
    • 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.

Induced Production Analysis for Photovoltaic Power Generation Equipment in Korea using Input-Output Table 2009 (산업연관표 2009를 이용한 태양광발전설비산업의 생산유발효과분석)

  • Kim, Yoon-Kyung
    • 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.

The Economic Impacts of Water Supply Constraints During a Drought Using input-output Analysis (가뭄시 용수공급지장으로 인한 경제적 파급효과 분석)

  • Choe, Jang-Hwan;Heo, Eun-Nyeong;Sim, Myeong-Pil
    • Journal of Korea Water Resources Association
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    • v.33 no.5
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    • pp.647-658
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    • 2000
  • The purpose of this study is to estimate the forward impact of water supply bottleneck using a supply-side input-output model. The failure cost analysed in this study can be used to estimate the values of the water supply reliability and can provide the bases of policy decision for the effective reallocation when water supply constraint will occur. So the position of water supply in the national economy is identified, and direct and indirect impacts are estimated by means of the interindustry analysis. Also the failure cost index is suggested to determine the prior order of water supply important in drought. By the way, the occurrence of drought having regional properties, the failure cost of the regional level using a national input-output table may be overestimated or underestimated. For the preceding reason, the failure cost estimated by a national input-output table is compared with and analysed to a regional input-output table for Kyung- Nam.g- Nam.

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