• Title/Summary/Keyword: Backward Linkage

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The Impact of Software and Medical Industry on Korea Economy (소프트웨어산업과 의료산업이 한국경제에 미치는 파급효과)

  • Yun, Eungyeong;Moon, Jun Hwan;Choi, Hangsok
    • Journal of Information Technology Services
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    • v.17 no.2
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    • pp.49-67
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    • 2018
  • This study compares economic impact between Software and Medical industry through Input Output Table by Bank of Korea. We classify Software and Medical industry by The ninth Korea Standard Industry Classification and use linkage effects, value added inducement coefficient, and labor inducement coefficient to analyze economic impact. First, software and medical industry have different linkage effects between backward and forward. Second, They have higher value added inducement coefficient than average of all industry. Third, They not only have higher labor inducement coefficient than average of all industry but also simillar effect on labor induction. According to the result of this study, software and medical industry have high economic impact on Korea economy, and therefore are intensively fostered by policy support.

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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Economic Effects of South Korea's Smart Healthcare Industry (S-헬스케어산업의 경제적 파급효과 분석)

  • Ahn, Jeong-Min;Suh, Jeong-Kyo
    • The Korean Journal of Health Service Management
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    • v.11 no.2
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    • pp.55-64
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    • 2017
  • Objectives : Recently, concerns about the smart healthcare industry has increased worldwide. This study estimates the economic effects of the smart healthcare industry by employing input-output analysis. Methods : In this study, $29{\times}29$ sector statistics were also used as the major research method for the industry. The main analysis tools of this study, thus, included a comparison of backward and forward-linkage effects and the inducement effects of the own-industry and other industries, as well as inducement coefficients, including production, value-added, employee's pay, operating surplus, production tax, and employment. Results : The results of the analysis show that the industry has an immense economic impact, affecting major macroeconomic factors including value-added and forward - linkage effects. Additionally, the inducement effects of the smart healthcare industry are significant compared to other industries in terms of production, employee's pay, operating surplus, production tax, and employment. Conclusions : The smart healthcare industry is a growth engines for national development, because it is the industry of high value-added services. This paper offers alternatives for efficient industrial policies.

Input-output Analysis for Pulp, Paper and Paper Product Industries (펄프, 종이 및 종이제품의 국민경제 기여도 분석)

  • Kim, Chul-Hwan;Moon, Ji-Min;Kim, Eui-Gyeong;Ahn, Byeong-Il
    • Journal of Korea Technical Association of The Pulp and Paper Industry
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    • v.42 no.4
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    • pp.45-55
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    • 2010
  • In order to investigate the structures and growth patterns of pulp and paper industries of Korea, the input-output tables of the year 1995, 2000, 2005 and 2007 were analyzed in this papers. The production inducement coefficients of these industries have grown during the designated period. In 2007, the value of production induced by pulp industry was estimated to be 343,8 billion won. Paper and paper product industries were estimated to induce the production of other industries by 7,281,6 and 8,515.9 billion won, respectively. The import inducement effect of pulp industry was estimated to be larger than that of paper and paper product industries. Analysis on the forward linkage effects indicated that paper and paper product industries were more sensitive to the change in demand of other industries than pulp industry.

The Impact of Enterprise R&D Investment on Inter-industry Technology Spillover in Korea under the new Normal Era (뉴 노멀 시대하 한국기업의 R&D투자가 산업간 기술파급에 미치는 영향)

  • Kim, Seon Jae;Lee, Younghwa
    • The Journal of the Korea Contents Association
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    • v.13 no.2
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    • pp.390-399
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    • 2013
  • The purpose of this study is to examine the impact of enterprise R&D investment on inter-industry technology spillover in Korea under the new Normal Era. In order to do this, we tested the effect of production inducement, backward and forward linkage effects, and the effect of technology spillover such as technology intensity effects and technology diffusion effects based on an input-output framework. The results show that the high index industries of the production inducement effect were professional, scientific and technical activities, manufacture of metal products, and general machinery. Some manufacturers of other non-metallic mineral products and transport equipment sectors appeared to have the strong effect of forward and backward linkages that were almost equivalent to high-tech manufacturing industries. In particular, the industries of professional, scientific and technical activities appeared to have the strong effect of both forward and backward linkages. Therefore, we need to drive a strong policy support to higher enterprise R&D investment in the those particular industries not only to increase global competitiveness, but also to widen up the technology spillover effect on other industries.

An Economic Ripple Effect Analysis of National Scientific Data Center Construction (국가 과학데이터센터 구축의 경제적 파급효과 분석)

  • Park, Sung-Uk;Hahn, Sun-Hwa
    • Journal of Information Management
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    • v.42 no.3
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    • pp.55-69
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    • 2011
  • In the modern scientific R&D, the efficient acquisition, curation, analysis and visualization are core elements of the science development. The value of scientific data is very important in data intensive research. An output of scientific data is drastically increasing. However we have only each individual system of scientific data in now. Therefore We feel a lack of efficiency of scientific data. In this paper, We analyze an economic ripple effects in terms of production inducement effect, added value inducement effect, labor inducement effect and forward backward linkage effect of national scientific data center construction using an input-out analysis of the bank of Korea(2009). We also examine an economic propriety of national scientific data center construction.

A Study on the Induce Effects of Energy Consumption among Industries (산업별 에너지 소비의 유발효과에 관한 연구)

  • Cho, Sang-Sup;Kim, Dong-Yeub;Kang, Shin-Won
    • Environmental and Resource Economics Review
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    • v.18 no.4
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    • pp.637-652
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    • 2009
  • We measure and compare inducements of energy consumption in different industry sectors using inter-industry input and output tables of 1995, 2000 and 2005. We also compute the multiplier effects that relate to the directions of future economic effects. Key Findings are as follows. First, we observe continues decreasing linkage effects in all industries over period of 1995 to 2007. Second, backward multiplier of energy consumption were highest in the material related industry and chemical industry. As for inter-industry inducements, the indirect backward multipliers were high in the other industry. Third, the forward multiplier effect of energy consumption were as same as the backward multiplier effect's sectors. The indirect forward multipliers, however, were highest in the material related industry and chemical industry. The above findings show that since implementing pro-environmental policy in 2000s, the industries structure for reducing energy consumption has been transformed.

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Does Inward Foreign Direct Investments Affect Export Performance of Micro Small and Medium Enterprises in India? An Empirical Analysis

  • SINGHA, Seema;KUMAR, Brajesh;CHOUDHURY, Soma Roy Dey
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.9
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    • pp.143-156
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    • 2022
  • This article examines the effect of inward foreign direct investments (FDI) on the export performance of micro, small & medium enterprises (MSMEs) in India, and investigates the spillover impact and absorption capacity of the MSMEs sector. For the first time, the researchers applied the intersectoral linkage approach to investigate the matter and used a panel dataset between 2006 and 2017. The coefficients of forward and backward linkages are estimated by using the Rasmussen method, the study employs a basic linear panel data model, followed by various diagnostic tests to identify the problem of heteroscedasticity, autocorrelation / serial correlation, cross-sectional dependencies, multicollinearity, time-individual specific tests, and unobserved effects. The PCSE model was applied for robust standard error and the Hausman-Taylor IV model to check the robustness of the result generated in the linear panel data model. Despite the high prevalence of forward and backward intersectoral connections and the Lack of absorption capacity of local firms, the results show that FDI has little of an impact on the export performance of micro, small, and medium-sized businesses in India. This study adds to the existing literature on determining local firms' spillover effect and absorption capacity in response to inward FDI.

A Study on the Characteristics of the Transitional Period about Electrication Vehicle Industry Space in China (중국 전기차 산업 공간의 전환기 특성 연구)

  • Choe, Ja-Yeong
    • Journal of the Economic Geographical Society of Korea
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    • v.24 no.4
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    • pp.386-399
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    • 2021
  • This study targets the rapidly growing electric vehicle industry. Currently, China is the world's largest electric vehicle producer, and several global and local companies are adapting to the transition environment of the electric vehicle industry and carrying out various activities. To analyze the causes and environmental characteristics of this transition, we analyzed the activities of the Chinese government, automobile companies, and companies in forward and backward linked industries, which are major actors in the production network. As a result, with full support from the Chinese government, functional changes of existing actors and an increase in the entry of new actors resulted in a transition to an electric vehicle industry space accompanied by new values.

The Propagation Effects on the Regional Economy Induced by U-City Construction in Wha-sung and Dong-tan City (U-City 구축에 따른 지역경제 파급효과 - 화성.동탄지역을 중심으로 -)

  • Kim, Pang-Ryong;Cho, Byung-Sun;Jeong, Woo-Soo
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.31 no.12B
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    • pp.1087-1098
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    • 2006
  • This study is unlike common Input-Output Analysis in the point that both RAS and methods are applied to the dynamic Input-Output Model simultaneously. We have analyzed the propagation effects on the regional economy from the investment generated by u-City construction in Wha-sung and Dong-tan City. The main results of the study are as follows. The total induced effect on production according to u-City construction in Wha-sung and Dong-tan City is estimated about 2.9 times. On the other hand, u-City industry is appreciated as a industry which a forward linkage effect is very high while a backward linkage effect is not that high.