• Title/Summary/Keyword: interregional input-output table

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Development and Use of Interregional Input-Output Table under the Limited Information: A case of Korea (정보가 제약된 조건하에서 지역관 산업연관표의 작성과 그 응용 - 한국의 경우 -)

  • Ko, Suk-Nam;Kwack, Chul-Hong
    • Journal of the Korean association of regional geographers
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    • v.8 no.4
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    • pp.480-491
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    • 2002
  • The purpose of this study is to construct interregional input-output table for multi-regions using non-survey methods. Despite of wide use of interregional input-output table, there have been continuing debates with respect to it's accuracy mostly when it is constructed by non-survey method. The best ideal one is to construct through real survey, while we must pay much time and cost. With regard to this concern, Hulu and Hewings developed a step by step method for the estimation of interregional input coefficients for the Indonesian economy which might be a challenge for the limitation of location quotient method, for which Round pointed out earlier. A five regions interregional input-output table for Korea is developed in this study by expanding Location Quotient method. Some development was made, however, according to the degree of collection of data and the assumption in treating the interregional flows. Finally, a comparison was made for the accuracy of input coefficients between the real surveyed and derived ones.

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Medical Tourism Industry in Kangwon Province and Its Economic Impacts on the Region

  • Zhu, Yan Hua;Kang, Joo Hoon;Jung, Yong-Sik
    • Journal of Korea Society of Industrial Information Systems
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    • v.19 no.3
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    • pp.115-125
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    • 2014
  • This paper has two purposes. The first is to suggest the new and simple method to derive a regional input-output model from the national input-output table published by the Bank of Korea. The interregional input-output table has not been devised in spite of its potential use while the national table has been made every five years with the revised version during each five years. Second, this paper aims to derive Kangwon interregional input-output model from the national model using the regional supply proportion of industry and to analyze the effect of medical tourism industry on the regional economy of Kangwon Province. The paper measures, in particular, the effect of medical tourism industry on the financial self-sufficiency of Kangwon Province using the estimated output elasticity of tax revenue with the autoregressive distributed lag scheme ADL(1,1) in which the dependent variable and the single explanatory variable are each lagged once.

Analysis of the Interregional Trade and Industrial Linkage in Incheon (인천경제의 지역간 교역구조와 산업연관분석)

  • Yun, Kap-Sik
    • Journal of the Economic Geographical Society of Korea
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    • v.11 no.1
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    • pp.45-58
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    • 2008
  • This study aims to analyze the interregional trade and industrial linkage between the Incheon regional economy and the rest of the nation. An interregional input-output table developed by the Bank of Korea's Incheon branch(2007) was employed for this. The analysis of interregional trade shows that Incheon regional economy is strongly interrelated with Seoul and Gyeonggi regional economies. The Incheon's interregional relationship with other regions was analyzed in terms of output dependency rate, output inducement rate, backward linkage, and forward linkage. The results indicated that while the output of Incheon is more dependent on final demands in Seoul and Gyeonggi, changes of the final demand in Incheon cause more output in the rest of nation than that in Seoul and Gyeonggi. Also, while Incheon's backward linkage to Seoul and Gyeonggi is weaker than that to the rest of nation, Incheon's forward linkage to Seoul and Gyeonggi is stronger than that to the rest of nation.

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Identifying Economic Determinants of Regional Exports in Korea (우리나라 지역수출의 결정요인 분석)

  • Kim, Sung-Hun;Choi, Myoung-Sub;Kim, Eui-June
    • Journal of the Economic Geographical Society of Korea
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    • v.12 no.2
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    • pp.142-158
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    • 2009
  • The purpose of this paper is to identify determinants of regional export in Korea using the interregional input-output table and SUR(Seemingly Unrelated Regression) model. Regional exports are classified into four groups; intraindustry intraregional export, interindustry intraregional export, intraindustry interregional export and interindustry interregional export. Labor productivity, scale economies, market size, and international trade volumes have positively influenced regional exports while the interregional distances having a negative effect on them. These results imply that it is necessary to operate regional strategies to enhance productivities and market size and to reduce transportation and distribution costs for revitalize a regional economy by increasing regional exports.

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Estimating Interregional Trade Coefficient of Service Industry using the Gravity Model (중력모형을 이용한 서비스업의 지역간 교역계수 추정)

  • Yun, Kap-Sik;Kim, Jae-Koo
    • Journal of the Economic Geographical Society of Korea
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    • v.13 no.3
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    • pp.457-469
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    • 2010
  • The study aims to estimate interregional trade coefficient of service industry using the gravity model. The gravity model has been widely used for prediction of the level of human interaction between two regions which is positively related to attraction of them and negatively related to the distance between them. To apply the gravity model for explaining the interregional trade flow of service industry, the choice of proper proxy variables which represent a dependent variable and independent variables is most important. However, the literature shows that there are few studies on this issue. Four models concerned to the choice of proxy variables are considered. Finally, this paper employs the least-squares regression analysis to test the model's goodness-of-fit, and suggests the most appropriate model based on the result from the analysis. The result shows that the interregional trade of service industry in regional input-output table developed by The Bank of Korea is desirable as a dependent variable, the service industry output of export region, the population of import region, and the spatial distance between regions are desirable as independent variables.

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