해양생태계 복원기술개발 사업의 경제적 타당성 분석

Translated title of the contribution: Analyzing the impact of increase in energy price on the general price level

Research output: Contribution to journalArticlepeer-review

Abstract

There are conflicts about energy price increase among government, producer, and consumer. The supplier insists on price increase for escaping running a deficit and business continuity, but the consumer concerns about worsening profitability and price rise. This study investigates the effects of energy rate increase on national economy using input-ouput(I-O) analysis. This study attempts to analyze the effects of national economy due to Coke and hard-coal, Naphtha, Gasoline, Kerosene, Light oil, Heavy oil, Liquefied petroleum gas, Electric utilities, Manufactured gas supply and Steam and hot water supply (using input-output table for the year 2011, Korea.) The results of the sectoral price changes due to a 10% increase in energy price that is obtained from the Leontief price model are presented in article. The result of this analysis is presented: The impact of the 10% increase in electricity rate on the general price level is estimated to be 0.2196%. In case of Kerosene, the impact is 0.1222%. It shows that Electric utilities are approximately 18 times larger price inducing effect as Kerosene. Also, this study indicates 3 years results sequentially to make it possible to observe trend. Then, study suggests balancing price by making each energy source adjusted.
Translated title of the contributionAnalyzing the impact of increase in energy price on the general price level
Original languageKorean
Pages (from-to)376-385
Number of pages10
Journal해양환경안전학회지
Volume20
Issue number2
DOIs
StatePublished - Apr 2014

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