• Title/Summary/Keyword: Input-output Linkages

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Exports to the US and Imports from China during the US-China Tariff War: Evidence from Regional Trade Data in Vietnam

  • KAZUNOBU HAYAKAWA
    • KDI Journal of Economic Policy
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    • v.46 no.3
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    • pp.49-66
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    • 2024
  • This study empirically investigates how the exports of downstream products to the US change the imports of their upstream products from China during the US-China tariff war. To accomplish this, we use province-level trade data in Vietnam, known to be a country that increased its exports to the US market in place of China, i.e., known to enjoy a trade diversion in the US market. The use of regional trade data enables us to capture the input-output linkages more precisely. Specifically, focusing on the trade in general and electrical machinery industries from January of 2019 to December of 2023, we regress imports of upstream products from China on exports of their downstream products to the US, finding that the rise of exports of downstream products to the US significantly increases imports of their upstream products from China. On the other hand, the rise in these products does not significantly increase the imports of upstream products from Japan, Korea, and Taiwan. Furthermore, the input-output linkage between exports to the US and imports from China was found to be greater in provinces with better business environments in terms of entry costs, transparency in public services, and public support to businesses.

The Identification of Industrial Clusters in the Chungbuk Region in Korea

  • Cho, Cheol-Joo
    • World Technopolis Review
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    • v.6 no.2
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    • pp.130-147
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    • 2017
  • This paper aims to identify the spatial concentrations and linkage properties of industrial clusters in the Chungbuk Province region in Korea using a three-step approach, which is composed of the cluster index, Getis-Ord's $Gi^*$, and qualitative input-output analysis. The results of the study reveal: a) what industrial sectors are concentrated and where they are; b) where the spatially interdependent industries are; and c) how the industrial sectors of the identified clusters in different locations are vertically interconnected. In addition, the degree of strength of the interindustry linkages between industrial clusters are assessed. Based on the findings, some plausible industrial policies are suggested.

Economic Impacts of Regional Festivities : A Case of Seosan Migratory Bird Festival (지역축제의 경제적 파급효과 : 2006 서산천수만 세계철새 기행전의 경우)

  • Kim, Sang-Ho
    • 열린충남
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    • s.39
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    • pp.126-143
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    • 2007
  • This study evaluates the economic impacts of regional festivals and cultural events by utilizing regional input-output models of Seosan and Chungnam, which are derived by using a location-quotient approach. Tourism industry has modest forward and backward linkages with other industries, but its impacts on regional income and employment are much larger than other industries including manufacturing industry. Strong impacts on income and employment seem to provide rational for promoting tourism industry in Seosan and Chungnam. The Seosan Migratory Bird Festival increased city outputs approximately by 3929 million Won, increased employment by 56 people, and increased total income of the province by 774 million Won. All of the economic impacts were mostly concentrated in service related industries,

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The Study on Economic Effects of the Coastal and Inland Water Transportation Sector upon the Korean Economy using Input-Output Analysis (산업연관분석을 이용한 우리나라의 연안 및 내륙수상운송 부문의 국민경제적 파급효과 분석에 관한 연구)

  • Chang, Young-Tae;Lee, Tae-Woo;Kim, Seong-Gon;Shin, Sung-Ho
    • Journal of Korea Port Economic Association
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    • v.22 no.2
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    • pp.35-60
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    • 2006
  • This paper uses input-output techniques to analyze the impacts of the coastal and inland water transportation (CIWT) upon the Korean economy between 1990 and 2000. The impacts were identified by means of backward and forward linkages effects, production inducing and import-inducing effects, and commodity prices repercussion effects of the coastal and inland water transportation. The data of this study come from The Bank of Korea databases for Input-Output Structure of the Korean economy. The major findings in this study can, among others, be summarized: that the power of dispersion(=backward linkage effect) and the degree of sensitivity (=forward linkage effect) of CIWT are higher than those of the deep sea transportation sector and that it has higher production-inducing effect than the average of total industries, while it has lower import-inducing effect than the average of total industries.

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Input-Output Analysis Focused on Forestry and Wood Industry in Korea (임업·목재산업의 산업연관분석)

  • Min, Kyungtaek
    • Journal of Korean Society of Forest Science
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    • v.109 no.4
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    • pp.521-531
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    • 2020
  • In order to identify the economic impacts of forest-related industry on the national economy in general and the linkages between forestry and its related industries, an input-output analysis was conducted using the 2015 Input-Output Tables of the Bank of Korea. Production inducement effects are relatively high in paper products, lumber, and silviculture and relatively low in other wood industries. Value-added inducement effects are relatively high in silviculture and log production. With respect to the wood products industry, forward linkage effects are higher and backward linkage effects are lower. A Ritz-Spaulding multiplier analysis revealed that the growth of wood products production has only a modest impact on the growth of forestry. How to increase the linkage between forestry and the wood products industry is one of the most important policy tasks in Korea, given that it affects forest ecosystem management and climate change mitigation efforts.

Precision Position Controller Design for a 6-DOF Stage with Piezoelectric Actuators and Lever Linkages Based on Nonlinearity Estimation (압전 구동기와 레버 링키지를 이용한 6 자유도 스테이지의 비선형성 평가에 기초한 정밀 위치 제어기의 설계)

  • Moon, Jun-Hee;Lee, Bong-Gu
    • Transactions of the Korean Society of Mechanical Engineers A
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    • v.33 no.10
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    • pp.1045-1053
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    • 2009
  • Precision stages for 6-DOF positioning, actuated by PZT stacks, which are fed back by gap sensors and guided by flexure hinges, have enlarged their application territory in micro/nano manufacturing and measurement area. The precision stages inherently have such limitations as the nonlinearity between input and output in piezoelectric stacks, feedback signal noise in precision capacitive gap sensors and low material damping in precision kinematic linkages of mechanical flexures. To surmount these limitations, the precision stage is modeled with physics-based variables, which are identified by transient response correspondence, and a gain margin calculation algorithm using the Prandtl-Ishlinskii model and describing function is newly developed to assess system performance more precisely than linear controller design schemes. Based on such analyses, a precision positioning controller is designed. Excellent positioning accuracy with rapid settlement accomplished by the controller is shown in step responses of the closed-loop system.

An Analysis of Structural Changes of Inter-industrial Embodied Knowledge Flow of Korean Manufacturing (한국 제조업의 산업간 체화지식흐름구조 변화의 특성)

  • 김문수;오형식;박용태
    • Journal of Technology Innovation
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    • v.6 no.2
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    • pp.32-53
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    • 1998
  • This paper analyzes the characteristics of embodied technological knowledge structure of Korean manufacturing in dynamic perspective. In doing that, the concept of the embodied knowledge network is introduced which is defined as a set of industries and their interactions(embodied knowledge flow) or linkages. The analysis of the inter-industrial embodied knowledge flows is conducted by using such methodologies as input-output technique, network analysis, indicator analysis and correlation analysis for a set of empirical data with reference period of 1983-1990. The main findings are as follow. First, as a whole, the structure of embodied knowledge flow can be classified into knowledge outflow sectors, inflow sectors and intermediary sectors. Second, outflow sectors exhibit a multi-central structure whereas inflow sectors form a dualistic structure. These idiosyncratic characteristics should be addressed in developing industrial policy.

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Sutdy of the Changes in the Linkage Structure of Korean Industry : 1995~2009 (한국산업의 연계구조 변화에 관한 연구 : 1995년~2009년)

  • Kim, Sung-Rok;Yoon, Jun-Sang;Lim, Chea-Sung;Chang, Suk-Ig
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.1
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    • pp.335-345
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    • 2015
  • This study assessed the changes in Korea's industrial structure to analyze the linkage between years 1995-2000 -2005-2009 Industry Input-Output Tables to access the constant changes in the structure of the inter-industry linkage analysis. First, the Korean economy during the period of analysis was based on solid growth from 1,190 trillion won in 1995 to 2,775 trillion won in 2009. Second, the structure of the industry association in the case of industries, services and electronic form was as follows: in 1995, Heavy-heavy-primary, public; in 2000, service-heavy-heavy, electronic-primary, public; in 2005 Services - Manufacturing - Consumer Goods - first, public, service; and 2009 e-manufacturing - Consumer Goods - primary, the public.

A Business Process Redesign Method within an ERP Framework (ERP 기반의 비즈니스 프로세스 재설계 방법)

  • Dong-Gill Jung
    • The Journal of Society for e-Business Studies
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    • v.7 no.1
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    • pp.87-106
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    • 2002
  • The behavioral and dynamic implications of an ERP implementation/installation are, to say the least, not well understood. Getting the switches set to enable the ERP software to go live is becoming straightforward. The really difficult part is understanding all of the dynamic interactions that accrue as a consequence. Dynamic causal and connectionist models are employed to facilitate an understanding of the dynamics and to enable control of the information-enhanced processes to take place. The connectionist model ran be analyzing (behind the scenes) the information accesses and transfers and coming If some conclusions about strong linkages that are getting established and what the behavioral implications of those new linkages and information accesses we. Ultimately, the connectionist model will come to an understanding of the dynamic, behavioral implications of the larger ERP implementation/installation per se. The underlying connectionist model will determine information transfers and workflow. Once a map of these two infrastructures is determined by the model, it becomes a relatively easy job for an analyst to suggest improvements in both. Connectionist models start with analog object structures and then use learning to produce mechanisms for managerial problem diagnoses. These mechanisms are neural models with multiple-layer structures that support continuous input/output. Based on earlier work performed and published by the author[10][11], a Connectionist ReasOning and LEarning System(CROLES) is developed that mimics the real-world reasoning infrastructure. Coupled with an explanation subsystem, this system can provide explanations as to why a particular reasoning structure behaved the way it did. Such a system operates in the backgmund, observing what is happening as every information access, every information response coming from each and every intelligent node (whether natural or artificial) operating within the ERP infrastructure is recorded and encoded. The CROLES is also able to transfer all workflows and map these onto the decision-making nodes of the organization.

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Economic Impact of Gwangyang Bay Area Shipping and Port Logistic Industry on the Regional Economy: A Regional Input-Output Analysis (광양만권 해운항만산업의 지역경제 파급효과 분석: 지역산업연관분석 중심)

  • Kim, Sangchoon;Jang, Heunghoon;Kim, Seungchul
    • Journal of Korea Port Economic Association
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    • v.31 no.4
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    • pp.53-73
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    • 2015
  • This study analyzes the economic impact of the shipping and port logistics industry in Gwangyang Bay Area on the regional economy. For this purpose, the study constructs an input-output table of 29 sectors for 2010 in the area. The main findings are as follows. In terms of production, value added, and share of employment, the regional shipping and port logistics industry accounts for approximately 10.8 percent, 6.0 percent, and 2.9 percent of the national shipping and port logistics industry, respectively. Moreover, the economic impact of the industry on the regional economy is estimated to be an increase in terms of production of about 6 trillion Korean won), to be an increase in value added of about 2.5 million Korean won, and an increase of about 16,000 in employment. Furthermore, the industry is found to have strong inter-industry linkages with the main manufacturing as well as the main producer service industries.