• Title/Summary/Keyword: MRIO Model

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The Calculation of Carbon Footprint Embodied in International Trade: A Multi-Regional Input-Output Analysis (국제무역에 함유된 탄소이력(carbon footprint)의 측정과 분석: MRIO모형의 응용)

  • Shin, Dong Cheon
    • Environmental and Resource Economics Review
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    • v.22 no.1
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    • pp.31-52
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    • 2013
  • The recent analyses of carbon emissions embodied in international trade are related with discussions on who is responsible for the carbon emissions causing global warming. Some authors insist that the countries importing carbon-intensive goods should share the responsibility with the suppliers of those goods. In order to determine which countries are net importers of carbon dioxide embodied in traded goods, we need to construct the multi-regional input-output (MRIO) model incorporating national input-output tables and data on bilateral trades. The paper calculates consumption-based as well as production-based inventories by using MRIO model whose global database is GTAP version 8 to get the picture of carbon footprints in international trades of Korea and other regions in the world.

Climate Change Adaptation Policy and Expansion of Irrigated Agriculture in Georgia, U.S.

  • Park, ChangKeun
    • Asian Journal of Innovation and Policy
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    • v.10 no.1
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    • pp.68-89
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    • 2021
  • The expansion of irrigated agricultural production can be appropriate for the southeast region in the U.S. as a climate change adaptation strategy. This study investigated the effect of supplemental development of irrigated agriculture on the regional economy by applying the supply side Georgia multiregional input-output (MRIO) model. For the analysis, 100% conversion of non-irrigated cultivable acreage into irrigated acreage for cotton, peanuts, corn, and soybeans in 42 counties of southwest Georgia is assumed. With this assumption, the difference in total net returns of production between the non-irrigation and irrigation method is calculated as input data of the Georgia MRIO model. Based on the information of a 95% confidence interval for each crop's average price, the lower and upper bounds of estimated results are also presented. The total impact of cotton production was $60 million with the range of $35 million to $85 million: The total impact of peanuts, soybeans, corn was $10.2 million (the range of $3.28 million to $23.7 million), $6.6 million (the range of $3.1 million to $10.2 million), $1.2 million (the range of -$6 million to $8.5 million), respectively.

Production-Based Greenhouse Gas Emissions and Consumption-Based Emissions (생산기반 온실가스 배출량 vs 소비기반 온실가스 배출량)

  • Hong Chong, Cho;Hyojung, Koo
    • Environmental and Resource Economics Review
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    • v.31 no.4
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    • pp.597-617
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    • 2022
  • In this study, consumption-based greenhouse gas emissions from 1990 to 2021 are calculated by the industry sector, and greenhouse gas emissions transferred due to trade between countries are compared to analyze what implications Korea has. As a result, production-based and consumption-based emissions in the United States, Germany, the EU, and the OECD are gradually decreasing. Production-based emission in Korea is larger than consumption-based emissions because Korean economic structure is import-oriented. However, unlike other developed countries, Korea cannot trade energy by land, so it can be said that it is reasonable to establish a greenhouse gas reduction plan considering Korea's unique characteristics.

Research on Embodied Carbon Emission in Sino-Korea Trade based on MRIO Model

  • Song, Jie;Kim, Yeong-Gil
    • Journal of Korea Trade
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    • v.25 no.2
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    • pp.58-74
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    • 2021
  • Purpose - This paper research on the embodied carbon emission in Sino-Korea trade. It calculates and analyzes the carbon emission coefficient and specific carbon emissions in Sino-Korea trade from 2005 to 2014. Design/methodology - This paper conducted an empirical analysis for embodied carbon emission in Sino-Korea trade during the years 2005-2014, using a multi-region input-output model. First, direct and complete CO2 emission coefficient of the two countries were calculated and compared. On this basis, combined with the world input-output table, the annual import and export volume and sector volume of embodied carbon emission are determined. Then through the comparative analysis of the empirical results, the reasons for the carbon imbalance in Sino-Korea trade are clarified, and the corresponding suggestions are put forward according to the environmental protection policies being implemented by the two countries. Findings - The results show that South Korea is in the state of net trade export and net embodied carbon import. The carbon emission coefficient of most sectors in South Korea is lower than that of China. However, the reduction of carbon emission coefficient in China is significantly faster than that in South Korea in this decade. The change of Korea's complete CO2 emission coefficient shows that policy factors have a great impact on environmental protection. The proportion of intra industry trade between China and South Korea is relatively large and concentrated in mechanical and electrical products, chemical products, etc. These sectors generally have large carbon emissions, which need to be noticed by both countries. Originality/value - To the best knowledge of the authors, this study is the first attempt to research the embodied carbon emission of ten consecutive years in Sino-Korea Trade. In addition, In this paper, some mathematical methods are used to overcome the error problem caused by different statistical caliber in different databases. Finally, the accurate measurement of carbon level in bilateral trade will provide some reference for trade development and environmental protection.

2002년도 태풍 루사 피해의 경제적 영향에 대한 추정기법 연구 (Developing the Estimation Method of the Economic Impacts of 2002 Typhoon Rusa Disruption)

  • Kim, Geun-Young
    • Journal of the Korean Society of Hazard Mitigation
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    • v.3 no.1 s.8
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    • pp.141-148
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    • 2003
  • 본 연구의 목적은 자연재해나 인위재해로 인한 시설물 피해가 초래하는 경제적 영향을 분석할 수 있는 재해영향평가모형을 개발하고, 2002년도에 발생한 태풍 루사를 연구사례로 하여 본 연구에서 개발한 평가모형의 적용가능성을 살펴보는 것이다. 본 연구에서는 태풍 루사로 인한 시설물 피해가 초래하는 경제적 영향을 평가하기 위해서 경제분석모형인 다지역 투입산출모형(MRIO model)을 적용하여 서울시, 인천시, 경기도와 수도원외지역의 수해피해 영향을 분석하였다. 본 연구방법을 적용하여 지역별 산업별 경제피해영향을 분석한 결과 직간접 수해피해는 총 15조 4천 5백 2십 4억원이고, 고용손실영향은 총 265,476인으로 나타났으며 수도권외지역의 비중이 각각 88,8%와 88.1%를 차지하여 지방경제의 피해가 상당한 것으로 나타났다. 또한 복구비를 투자하였을 경우 총 21조 5천 9백 5십 7억원의 경제파급효과와 412,110인의 고용창출효과가 발생하고, 특히 수도권외지역에서 투자파급효과의 89.3%와 고용창출효과의 89.5%를 차지하여 지방경제 활성화에 크게 기여하는 것으로 분석되었다.

Korea's Employment Embodied in Exports: a Multi-Regional Input-Output and Structural Decomposition Analysis (우리나라 수출의 고용파급효과에 관한 연구: 다지역산업연관 및 구조적 요인분해 분석을 중심으로)

  • Kim, Tae-jin
    • Economic Analysis
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    • v.26 no.4
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    • pp.65-97
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    • 2020
  • The purpose of this paper is to analyze the effects of exports on Korea's employment and to decompose driving factors of change in Korea's employment embodied in exports (EEX). This study uses a multi-regional input-output (MRIO) and structural decomposition analysis (SDA) for empirical analysis, and uses a dataset of World Input-Output Tables (WIOTs) and Socio-Economic Accounts (SEAs) from the World Input-Output Database (WIOD). The main findings of the empirical results are summarized as follows. First, Korea's EEX continues to increase and Korea's share of EEX compared to total employment shows an upward trend. However, Korea's employment inducement coefficient of value-added exports showed a downward trend during the 2000-2014 period. Second, final demand from three countries (China, the United States, and the Rest of the World (RoW)) has affected a significant portion of Korea's EEX. Finally, from the results of the SDA, the effect of changes in final demand was the most important driving factor for the increase in Korea's EEX. Based on the results of this empirical analysis, this study discusses useful policy implications that could increase domestic employment in Korea.

An Economic Feasibility Study for the Slow Food Expo in Korea (산업연관분석을 통한 슬로푸드박람회의 경제적 파급효과 추정)

  • Choi, Jong Du
    • Environmental and Resource Economics Review
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    • v.22 no.4
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    • pp.817-841
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    • 2013
  • The purpose of this study is to examine feasibility of the 'Master Plan of 2013 Slow Food Expo(2013 AsiO Gusto), Korea' and to analyze the following economic effect. To this end, we used existing data and statistics, and estimated the demand by means of survey for people's traveling and questionnaires for ordinary Koreans. For examining financial feasibility for hosting the Expo, BC ratio (Benefit-Cost Ratio) and NPV (Net Present Value) was applied. For estimating the economic effect following the Expo, the effect on all over the country and the Gyeong-gi province was analyzed, using the MRIO (Model of Regional Input-Output). Specifically, with the net effect of Expo, the economic feasibility test shows 1.04~2.15 BC ratio with 10% free admission, and 1.02~2.27 BC ratio in Finance analysis. Furthermore, the Expo feeds through Gyeong-gi (including Nam-yang-ku) regional economies with production induction effect, value-added induction effect, and employment induction effect. The amounts of regional effects are 373.6~738.7 billion won, 166.2~327.4 billion won, and 1,971~2,009 persons, respectively. Also, the "2013 Slow Food Expo, Korea" was analyzed profitable in general. Residents in Nam-yang-ju expects the Expo to bring vitalities into their hometown. The Expo is highly related to the positive economic effectiveness of Nam-yang-ju.

A Strategy for Developing New Road Projects (경관도로 등 신개념의 도로사업 개발에 관한 연구)

  • Kim, Eung-Cheol
    • International Journal of Highway Engineering
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    • v.9 no.2 s.32
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    • pp.115-127
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    • 2007
  • Developed countries, especially in road construction and management fields, introduce new road porjects such as National Scenic Byways Program(NSBP program) in USA and the Eco-road project in Japan. This study develops a conceptual model for deploying new road projects in Korea. The four step approach is suggested to create new road projects, including foundation of an act based on the existing Road Act, creation of new road project ideas, development of evaluation process and guidelines, and enhancement of an administrative scheme. To create new road projects, three different ways are devised; (1) designation of national roads having uniqueness in overall spectrum, (2) designation of roads having intrinsic values in a different aspect, (3) designation of single structures of engineering outcomes such as bridges, tunnels, new design techniques, considerable Value Engineering output, and well analyzed Life Cycle Cost Analysis practices. For the evaluation process, NSBP program of USA and/or Sustainable City Award program of Korea would be recommended. An administrative scheme and integrated funding process for the new road projects are also suggested based on evaluation of tasks of each team or division of Korea Ministry of Construction and Transportation.

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An Analysis of the Multiplier Effects of Gyeongsangbuk-Do Provincial Government Relocation on Daegyeong Economic Region (경북도청 이전이 대구경북광역경제권에 미치는 파급효과 분석)

  • Chun, Kyung Ku;Kim, Eun Kyung;Cho, Deokho
    • Journal of the Korean association of regional geographers
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    • v.19 no.2
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    • pp.246-258
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    • 2013
  • The relocation of the public institutions such as the provincial government attracts much attentions since it results in substantial regional economic impacts. In this context this paper analyzes the effects of relocation of Gyeongsangbuk-Do provincial government from Daegu city to Gyeongsangbuk-Do, which is scheduled for 2014, on Daegyeong economic region. Based on the interregional input-output model and I-O data which were provided by the Bank of Korea, this paper examines the multiplier effects of the relocation in terms of production, value added, and employment on Daegyeong economic region and other regions, except for the construction effects of the provincial capital. According to the analysis, the relocation is expected to reduce the production by 290million won, value added by 709million won, and employment by 571 persons in Daegyeong economic region. Also, the relocation turns out to decrease the production by 1,179million won and value added by 123million won of other regions. This paper discusses some policy implications of the analysis.

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