Abstract
Increasing demand and technical developments on the IT industry demand that researchers provide policy makers with available and responsible information regarding the role of the IT industry in the national economy. This paper employs input-output(I-O) analysis to examine the economic impacts of the IT industry. A static I-O framework is employed. Supply-driven model and Leontief price model which have not been widely employed as well as demand-driven model and inter-industry linkage analysis, are discussed. With regard to rapid growth of the IT, we attempt to update the I-O table using the RAS method. This study pays particular and close attention to the IT industry sector by taking the industry as exogenous and then investigating economic impacts of it. Finally, the author presents the results which address production-inducing effects and supply-shortage effects of the IT industry sector, inter-industry linkage effects of 29 sectors, and pervasive effects of price change in the IT industry sector.
| Translated title of the contribution | The Role of the IT Industry in the Korean National Economy : an Input-Output Analysis |
|---|---|
| Original language | Korean |
| Pages (from-to) | 483-500 |
| Number of pages | 18 |
| Journal | 산업경제연구 |
| Volume | 21 |
| Issue number | 1 |
| State | Published - Apr 2008 |