• Title/Summary/Keyword: Production Multipler Effect

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An Analysis on Economic Effects of Port-Liquid Freight - Focusing on Ecomomic effects of Liquid Freight in Ulsan Port - (항만 액체화물 처리의 경제적 파급효과 분석 - 울산항 액체화물 중심 -)

  • Kim, Sang-Choon;Choi, Bong-Ho
    • Journal of Korea Port Economic Association
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    • v.24 no.2
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    • pp.265-287
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    • 2008
  • This paper studies the economic effects of port-liquid freight by focusing on Ulsan port and its regional economic effects. The direct industrial effects of port-liquid freight are analysed to be an increase in about 1billion dollars' worth of production of the regional port-logistic industry, an increase in about 0.22billion dollars' worth of value-added of the industry, and the creation of about 2,600 employment in the industry. Including the indirect effects, the total effects on Ulsan regional economy are estimated to be an increase in about 1.9billion dollars worth of production, an increase in about 0.51billion dollars' worth of value-added and an increase in about 6,442 employment.

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Economic Effects of Port-Liquid Freight in Korea Port Revisited (한국 액체화물 항만물류의 경제적 파급효과 분석 재조명)

  • Choi, Bong-Ho;Kim, Sang-Choon
    • The Journal of the Korea Contents Association
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    • v.13 no.2
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    • pp.440-450
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    • 2013
  • This purpose of this paper is to study the economic effects of port-liquid freight by focusing on Korea port and induce its policy implication. For this, 29 sectors' input-output tables with port-logistic sector as an individual sector is constructed. The direct industrial effects of port-liquid freight are analysed to be an increase in about 3.6billion dollars' worth of production of the port-logistic industry, an increase in about 1.98billion dollars' worth of value-added of the industry, and the creation of about 11,589 employment in the industry. Including the indirect effects, the total effects on Korea economy are estimated to be an increase in about 4.9 billion dollar's worth of production, an increase in about 2.4 billion dollars' worth of value-added and an increase in about 17,746 employment. The total effects of port-liquid freight on Korea economy is about 2.5-3.0% of that of port-logistic total freight. the results suggest tkat thought economic effects of port-liquid freightare not large, we have to focus on policy support for port of port-liquid freight.