• 무역학회지
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• 제47권4호
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• pp.125-135
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• 2022

This study is to analyze the economic effects of tariff reduction using computable general equilibrium(CGE) model. We set up the social accounting matrix for five-base equilibrium year. Our main findings are as follows. First, the impact of tariff reduction on GDP was different from time to time. It meas that the differentiated economics structure was affected by tariff reduction. As our economic grew up, the impact of tariff reduction was measured much higher. Second, until 1995 the impact of tariff reduction on total export and import was increased, then while 1995 the increase was dropped. This is because we reduced the tariff by the WTO negotiations. Third, the tariff reduction affected the price of imported goods, so it contributed to substitute effects between domestic and imported goods. According to these results, we found out the importance of the linkage between the tariff reduction and economic structure.

• 자원ㆍ환경경제연구
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• 제11권2호
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• pp.291-319
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• 2002

This Paper investigates imperfect competition and economy of scale on Korean energy markets based on computable general equilibrium model. Some industries like energy sector have exhibited that their economies have strong economies of scale and imperfect competition. Thus these industrial organization facts should be incorporated into CGE model. In our model, non-competitive markets are adopted and compare these results with convention perfect competition model.

• 기술혁신연구
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• 제19권3호
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• pp.57-83
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• 2011

본 연구에서는 CGE(Computable General Equilibrium)모형을 이용하여 28개 산업별 R&D투자액의 GDP 파급효과를 추정한 뒤, 그 결과로써 GDP의 R&D투자탄력성을 계산하여 산업별 R&D 투자 우선순위를 제시하였다. 우선순위는 28개 대분류 산업 중 전체 연구 개발투자에서 차지하는 비중이 1% 미만인 16개 산업을 제외한 12개 산업에 대해서만 적용해 보았다. 먼저 GDP의 R&D투자 탄력성에 근거한 우선순위는 제1차 금속제품, 화학제품, 음식료품, 전기 및 전자기기, 수송장비, 금속제품, 정밀기기, 전력 가스 및 수도, 일반기계, 통신 및 방송, 건설, 사회 및 기타 서비스, 부동산 및 사업 서비스 순이었다. GDP의 R&D투자탄력성에 근거한 순위설정은 비교적 우리나라 산업들의 현황을 잘 보여주고 있는 것으로 판단된다. 보조 지표인 2030년 기준 균형 대비 GDP 증가율에 근거한 우선순위 역시 판정기준으로 유사한 결과를 보여주었다. 결국 두 개의 우선순위 기준은 국가과학기술위원회의 R&D예산투자방향 및 기준 설정과 주요 사업별 예산배분 방향에 좋은 판정기준으로 활용될 수 있음을 보여주었다.

• The Journal of Asian Finance, Economics and Business
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• 제10권2호
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• pp.183-193
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• 2023

This paper proposes and examines the economic impact of infrastructure improvement on the San-En-Nanshin region in the Chubu area of Japan. We develop a single transportation computable general equilibrium (CGE) model for each subregion within the San-En-Nanshin region. The explicit modeling of the transportation infrastructure is defined based on interregional commuting flows and business trips, considering the spatial structure of the San-En-Nanshin economy. A CGE model is integrated with an interregional transportation network model to enhance the framework's potential for understanding the infrastructure's role in regional development. To evaluate the economic impact of transportation improvement, we analyze the interrelationship between travel time savings and regional output and income. The economic impact analysis under the CGE framework reveals how transportation facilities and systems affect firm and household behavior and therefore induce changes in the production and consumption of commodities and transportation services. The proposed theoretical model was tested by using data from the 2005 IO tables of each subregion and the 2006 transport flow dataset issued by the Ministry of Land, Infrastructure, Transport, and Tourism in Japan. As a result, the paper confirms the positive effect of transportation investment on the total output and income of the studied region. Specifically, we found that while economic benefits typically appear in urban areas, rural areas can still potentially benefit from transportation improvement projects.

• 통상정보연구
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• 제9권1호
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• pp.313-331
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• 2007

In a rapidly changing environment of international trade, the purpose of this study is to examine economic benefits and losses of each country involved in the negotiation on the Free Trade Agreement (FTA) in Northeast Asia and to prepare strategies for the negotiation in the FTA between Korea and China. Previous researches on FTA have been made mainly from the macroeconomic perspective. The approach in this study is a combination of regulatory, reviewing regulations, and economic making quantitative analysis of the economic effects of FTA, which are the basic background of FTA. In economic analysis, I estimated the macroscopic economic effects of FTA by examining the effects of FTA on the trade balance, GDP and production of focal countries through the Computable General Equilibrium(CGE) model using GTAP data set.

• 자원ㆍ환경경제연구
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• 제9권5호
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• pp.973-997
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• 2000

The carbon tax is one of several measures to reduce the green-house gases emitted from burning the fossil fuels, which has been much discussed internationally. The analyses of the effects of a carbon tax on individual countries have been carried out by applying the computable general equilibrium(CGE) models, especially models with the assumption of non-existence of scale economies. However, the introduction of scale economies to CGE models changes the simulation results drastically. In this paper, two CGE models are used to compute and compare the economic and $CO_2$ reduction effects of a carbon tax, one of with is the model with scale economies and the other is without scale economies. One of main results is that the analysis using the CGE model without scale economies may underestimate the effects of a carbon tax on GDP and reducing the emission of $CO_2$.

• 농업과학연구
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• 제49권1호
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• pp.31-43
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• 2022

The global trade environment is rapidly changing. The spread of COVID-19 promotes digitalization, and online transactions are becoming the new normal. Currently, Korea is actively introducing information and communication technology (ICT) that uses the internet of things (IoT) in relation to agriculture. However, few studies have analyzed the impact of digitalization on trade in the agricultural sector. Thus, the purpose of this study is to examine how the introduction of digital technology can affect the economy and trade of Korea. In this study, we estimate the impact of introducing digital technologies using the computable general equilibrium (CGE) model. The results of this analysis indicate that the GDP could increase by 3.82% to 10.53%. Also, agricultural production and trade according to the model will significantly increase to 8.67% and 5.72%, respectively, through a productivity increase from Blockchain, IoT, and artificial intelligence (AI) technologies, despite logistics inefficiencies. Although the effects of digitalization could be significant, farmers are still struggling to introduce digital technologies, stemming from the fact that government support systems are concentrated in only a few sub-sectors. In this regard, support in this area must be expanded and diversified according to the current environment of agriculture in Korea.

• 국토계획
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• 제53권7호
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• pp.67-86
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• 2018

This paper attempted to analyze impacts of transition in electricity generation system on a national economy and environmental level in Korea using a recursive computable general equilibrium(CGE) model. In particular, the paper presented a hybrid model combining the top-down CGE model with the bottom-up model which describes the structure of electricity production in detail. The impacts were analyzed by two policy scenarios base on the basic plan for electricity supply and demand proposed by the Korean government. As a result, the paper specifically showed that there exists a trade-off relationship in the policy-making between economic efficiency and environmental level. The paper also suggested that the transition in electricity generation system should be done more gradually and carefully.

• 국제지역연구
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• 제16권3호
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• pp.27-51
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• 2012

신고전주의 학자들은 한국의 산업화 과정이 '노동잉여' 모델에 따르고 있다고 주장해 왔다. 이 모델은 개발도상국들의 경제발전은 무한한 값 싼 노동력이 제조업 부문으로 이전되면서 진행되고, 따라서 산업화의 성공을 위해서는 노동집약적 기술이 사용되어야 한다는 점을 강조하고 있다. Fei와 Ranis는 일본의 초기 산업화 단계(1887-1915)에서 일본이 노동집약적 기술을 사용하였고 이는 일본의 경제발전을 이끌었다고 주장한다. 이에 본 논문은 한국 산업화 과정이 과연 이 모델에 기인하고 있는 지를 밝히고자 하는데 목적이 있다. 이의 검증을 위하여 Kelly와 Williamson이 고안한 신고전주의 이중모델의 기본 틀이 사용되었다. 이 모델 하에서 연산일반균형 (CGE) 방식을 통해 한국 산업화 기간 중 (1965-1992) 추정된 주요 경제변수와 실제 역사적 수치를 비교해 보았다. 검증 결과 두 수치 간에 큰 차이가 나타남을 확인하였는바 따라서 한국의 산업화 과정은 시장의 힘에 기초한 비교우위 생성의 결과라는 신고전주의 가설이 적용되지 않는다는 결론에 이르게 되었다.

• East Asian Economic Review
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• 제17권1호
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• pp.3-25
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• 2013

This paper evaluates whether the proposed FTAAP is a desirable policy option for APEC member economies and the world economy. More specifically, this paper qualitatively investigates whether the FTAAP satisfies conditions for a trade bloc to generate positive and sufficient net trade creation effect. In addition, this paper estimates the likely impact of the FTAAP by using a CGE model analysis. From the qualitative analysis based on statistical data, this paper strongly argues that the FTAAP can be a desirable regional trade bloc able to generate positive gains from freer trade. From the ex-ante scenario analysis using both static and capital accumulation CGE Models, this paper concludes that the FTAAP has great potential for improving welfare of participating APEC economies and will boost economic growth in the region. In particular, the FTAAP would be even better if it can be linked with liberalization of trade in services and enhanced trade facilitation.