Title An Input/Output analysis of the transportation industry for evaluating its economical contribution and ripple effect - Forecasting the I-O table in 2003~2009 -
Authors Lim, Siyeong ; Kim, Seok ; Oh, Eun-ho ; Lee, Kyo Sun
DOI http://dx.doi.org/10.6106/KJCEM.2015.16.4.012
Page pp.12-20
ISSN 2005-6095
Keywords Transportation Industry ; Input-Output Analysis ; Economic Contribution ; Economic Impact
Abstract Construction industry has played a pivotal role in the national economy, but the crisis situation of a construction industry has been worse due to the lack of recognition of the contribution of a construction industry. In particular, the transport sector is responsible for a critical function in the movement of humans and material resources, and has a profound impact on national competitiveness and the peoples’ welfare, which requires quantitative analysis. In this study, economic contribution and impact of the transportation sector are measured based on the input-output model. Road and railway facilities account for 1.03% and 0.165% of the total industry respectively, and consist of a final demand and total output. Although value-added inducing effect is small, production inducing effect and backward linkage effect has been high. The results in this study will be used as the basic information for validity of investment and policy decisions.