Abstract
Korean government has initiated integrated-energy business (IEB) in Mokdong for energy conservation in 1983. Since then, IEB has been steadily expanding. This paper attempts to apply input-output(I-O) analysis to examine the economic effects of IEB. A static I-O framework is employed, focusing on three topics in its application: the impact of the investment of IEB on the production of other sectors and the inter-industry linkage effect; supply shortage effects of the IEB ; and the impact of the rise in IEB rate on prices of other products. The paper pays closer attention to IEB sector by taking the sector as exogenous and then investigating its economic impacts. The results can be widely utilized in decision-making about IEB policy.
| Translated title of the contribution | The Economic Effects of Integrated-Energy Business : An Input-Output Analysis |
|---|---|
| Original language | Korean |
| Pages (from-to) | 47-54 |
| Number of pages | 8 |
| Journal | 에너지공학 |
| Volume | 21 |
| Issue number | 1 |
| DOIs | |
| State | Published - Mar 2012 |