• Title/Summary/Keyword: Regional Input Output Analysis

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Impact Analysis on the Regional Economy Affected by Environmental Regulations (환경규제가 지역경제에 미치는 파급효과 분석)

  • 김호언
    • Journal of the Korean Regional Science Association
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    • v.15 no.3
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    • pp.1-13
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    • 1999
  • Since the 1990's, the most important environmental issue on the earth is characterized by "global worming problem". The United Nations Framework Convention on Climate Change (UNFCCC) plays an significant role to solve this problem on a worldwide scale. The main purpose of this paper is to analyse the impact of $CO_2$ reduction on the Daegu regional economy through 1995 regional input-output coefficients derived from the 1995 national input coefficients table by using non-survey method. The sectoral impacts on output, income, and employment were computed under the decline-unequalized assumption in final demand influenced by $CO_2$ reduction. This article has six main sections. Section 1 is an introduction to this paper. Section 2 explains briefly the derivation method of the regional technical coefficients. Section 3 describes the model building through input-output multipliers. In section 4 regional data on output, income, employment and final demand are computed to estimate the regional impacts. Section 5 deals with impact analysis on the Daegu economy. Section 6 contains a brief summary and concludintg remarks. The research findings of this study can be summarized as follows. In 1995, under the assumption of 10% decrease on an average in final demand sectors, the economy of the region studied decreased \3600 billion of output, ₩1114 billion of income, and 49919 man-years of employment. The percent ratios of each value to the total showed 9.4%, 9.7%, and 9.2%, respectively. The dominant sectors associated with impact analysis within the region are chemicals and chemical products, paper, printing and publishing, and textiles and leather, etc; nevertheless, the least dominant sector is non-metallic mineral products. products.

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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 Analysis of Korean Regional Agricultural and Agri-Manufacturing Clusters Using Multi-Regional Input-Output Model (우리나라의 권역별 농산업 클러스터 분석: 6개 권역간 산업연관모형희 적용)

  • Yoon, Min-Kyoung;Choi, Myoung-Sub;Kim, Eui-June
    • Journal of Korean Society of Rural Planning
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    • v.16 no.1
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    • pp.9-20
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    • 2010
  • The aim of this paper is to identify Korean agricultural and agri-manufacturing cluster using a multi-regional input-output model. This paper derives a representative set of five agricultural and agri-manufacturing clusters in Korea in terms of spatial and industrial interdependency. The results show that agriculture and agri-manufacturing clusters agglomerated in Seoul Metropolitan Area and Chungcheong Area are linked both production and manufacture functions, whereas Gangwon Area is more focused on production and Jeolla Area is more concentrated on manufacture.

A Study on the regional economic impact of farmland reverse mortgage using farmers' net asset - In case of Gyeongsangbuk-Do - (순자산을 활용한 농촌형 역모지기 도입의 지역경제 파급효과 - 경상북도 지역을 중심으로 -)

  • Lee, Jong-Eui
    • Journal of Korean Society of Rural Planning
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    • v.15 no.2
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    • pp.69-80
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    • 2009
  • The purpose of this paper is to estimate the regional economic impact of reverse mortgage system based on farmer's net asset of house and farmland together. The regional economic impact was estimated by using inter-regional input-output model. Major findings are as follows: 1) The result of input-output analysis shows that 49,130 million won of production effect, 20,040 million won of value added effect, and 24,759 number of employment effect, 2) Since the result shows that the elderly spend most of the reverse mortgage money for their living expenses, it seems necessary to adopt net asset based reverse mortgage system to improve and stabilize farmers' living conditions and regional economy.

The Economic Impacts of Water Supply Constraints During a Drought Using input-output Analysis (가뭄시 용수공급지장으로 인한 경제적 파급효과 분석)

  • Choe, Jang-Hwan;Heo, Eun-Nyeong;Sim, Myeong-Pil
    • Journal of Korea Water Resources Association
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    • v.33 no.5
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    • pp.647-658
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    • 2000
  • The purpose of this study is to estimate the forward impact of water supply bottleneck using a supply-side input-output model. The failure cost analysed in this study can be used to estimate the values of the water supply reliability and can provide the bases of policy decision for the effective reallocation when water supply constraint will occur. So the position of water supply in the national economy is identified, and direct and indirect impacts are estimated by means of the interindustry analysis. Also the failure cost index is suggested to determine the prior order of water supply important in drought. By the way, the occurrence of drought having regional properties, the failure cost of the regional level using a national input-output table may be overestimated or underestimated. For the preceding reason, the failure cost estimated by a national input-output table is compared with and analysed to a regional input-output table for Kyung- Nam.g- Nam.

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Analyzing the economic impact of leading industry R&D for an economic region with regional input-output tables (지역산업연관표를 활용한 광역경제권 선도산업 R&D의 경제적 파급효과 분석)

  • Kim, Jin-Ho;Choi, Seung-Il
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.13 no.6
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    • pp.2514-2519
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    • 2012
  • The policy objective of leading industries for an economic region is to increase industrial competitiveness by regional cooperation and linkage and so the economic impact analysis of R&D by region is required. This research utilizes regional input-output tables of the Bank of Korea to analyze the economic impact of 'next-generation wireless communication devices' project in 'New IT' sector of Chungcheong economic region.

Economic Impact Effect Analysis of Flounder Aquaculture Industry in Jeju (제주넙치 양식산업의 경제파급 효과분석)

  • Kim, Jin-Ock;Kang, Seok-Kyu
    • The Journal of Fisheries Business Administration
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    • v.42 no.1
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    • pp.85-96
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    • 2011
  • We have done the input-output analysis to see the over all impact of flounder industry of Jeju region on the domestic economy of Korea. To do the input-output analysis, we have constructed the data set for the input-output table by using the existing data set in the "2003 input- output table of Jeju regional area" published by the joint work of Jeju branch of Korea bank and the Jeju Development Institute, together with some raw data provided by Jejudo Marine Fish-Culture Cooperative. We have also produced input coefficient of flounder industry by making flounder industrial sector exogenous, separated from intermediate demand. To summarize our empirical results, the inducement effect of production, value added, and employment of Jeju flounder aquaculture industry are 300 billion won, 116 billion won and 1,800 people respectively. In conclusion, the results of this study suggest flounder industry of Jeju region contributes powerfully to not only Jeju economy but also all over the Korea economy.

Economic Impact of Andong Maskdance Festival -using Regional Input-Output Model- (안동국제탈춤페스티벌의 경제적 파급효과 분석 -지역산업연관모델을 중심으로-)

  • Lee, Ji-Seok
    • The Journal of the Korea Contents Association
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    • v.11 no.1
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    • pp.371-378
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    • 2011
  • This paper examines the estimate the economic impact of 2008 Andong Maskdance Festival, using an Input-Output(I-O) model. For the research, the Regional Input-Output analysis was used, which makes it easy to grasp the economic impact of the tourism industry and other industries in Andong. Based on the regional I-O transactions tables which were developed by Bank of Korea(2009), the industry multipliers were derived with respect to output, income, and value-added. The results show that in 2008 Andong Maskdance Festival receipts generated output impact of 30,961 million won and 15,800 million won of income impact, 14,310 million won of value-added impact, respectively. I think the result of this study can be used as an objective indicator to help to establish and implement regional festival policies for the local government.

An Analysis of Economic Impacts of Gochang biosphere by tourism : In case of Hajun mud village (고창 생물권보전지역 체험관광의 경제적 파급효과 분석 - 하전갯벌체험마을 사례 -)

  • Oh, Sea-Ra;Park, Yun-Sun;Im, Jeong-Bin
    • Journal of Korean Society of Rural Planning
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    • v.21 no.2
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    • pp.23-32
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    • 2015
  • The objective of this study is to analyze how much economic impact is changed before and after the designation as biosphere reserve area by tourism. The subject region of this study is Hajun mud village which is the famous place to experience eco-tourism located in Gochang-gun. This region has been designated as a UNESCO biosphere reserve in 2013. In order to estimate the regional economic effects, we employ a regional input-output model which is derived by a RAS method. Using regional input-output model analysis, this study estimates direct and indirect effects of tourist's expenditure on experience of Hajun mud village in Gochang-gun across associated industries between 2011 and 2013. Also, we tried to calculate a net increase in number of visitors in 2013 with considering the trend of tourist in this region and estimate a net regional economic effect after the designation as a biosphere reserve area by tourism. The empirical result could be summarized as follows : (1) the change of production inducement effect shows that regional outputs is approximately increased by 386 million won between 2011 and 2013, (2) regional value-added is increased by 223 million won during the same period, (3) regional employment is approximately increased by 20 according to the labor inducement effects of expanding tourist's expenditure in biosphere reserve area. (4) social service industry has highly been benefited by increase in experience tourist after Gochang-gun was designated as the biosphere reserve area. (5) estimated net increase in number of visitors after the designation as biosphere reserve area is about 37,364 which is 93.4% of the absolute increase in number of visitors amounting 40,011 between 2011 and 2013.

Regional Economic Impacts Induced by u-City Construction in Wha-sung and Dong-tan City (u-City 구축사업의 지역경제적 파급효과에 관한 연구)

  • Lee, Heon-Yeong;Choi, Yeseul;Lim, Up
    • Journal of Information Technology Services
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    • v.11 no.4
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    • pp.25-37
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    • 2012
  • In recent year, the u-City construction projects which integrate IT technology into urban infrastructures are being pushed forward by many local governments. These projects contain various purposes in an aspect of regional economy : to reinforce a competitiveness of region by increasing efficiency of urban managements and to revitalize regional economy by stimulating the regional high-tech industries that related to u-City construction. In this context, regional economic impact assessment of u-City construction projects is particularly important because, it give us information about effectiveness of u-City construction policy as a stimulus of regional high-tech industries and the policy feasibility of u-City construction projects that can be a base of public projects. However, it is challenging to assess the impact of u-City projects on regional economy properly due to a lack of understanding about industrial classification, and specific industrial inputs related to u-City construction. In this study, we suggest u-City industrial classifications, and specific-industrial inputs induced by u-City construction projects based on associated legislations, business report for a u-City construction, and results from previous studies. Using these classification and industrial input, we also investigate the regional economic impacts of a u-City construction project in Wha-sung and Dong-tan cities employing Input-output analysis. The empirical results suggests that u-City industries have relatively high in production inducement, and value added inducement compared to input of other industrial sectors. These results indicate that regional economic impact of a Wha-sung and Dong-tan u-City construction project are relatively high, but economic impacts of u-City construction projects vary according to the regional industrial structure, and the specific expense accounts of u-City construction projects.