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2021 Vol.53, Issue 5 Preview Page
Effects of Wood and Paper Products on National Economy in Korea: An Input-output Analysis
Young-Wan Goo1
,
Seung-Nyeon Kim2†
1Department of Economics, Chungbuk National University, Cheongju, 28644, Professor
2Department of Economics, Hankuk University of Foreign Studies, Seoul, 02450, Professor
†Corresponding author: E-Mail: snkim@hufs.ac.kr (Address: Department of Economics, Hankuk University of Foreign Studies, Seoul, 02450, Korea)
30 October 2021. pp. 43-53
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Abstract

This study uses the input–output model applied from 2000 to 2019 to examine the economic effects of wood and paper products on the Korean economy. The main results of this analysis are as follows. First, although the proportion of wood and paper products being manufactured in the Korean economy has decreased, the inducement effects of the production, value-added, and employment of most of the wood and paper products remained higher than those of the other manufactured goods in 2019. Second, the inducement effects of the production and value-added of most of the wood and paper products increased between 2010 and 2019, whereas the import inducement effect was lowered since 2010. Third, both the backward and forward linkage effects of paper product, which have the largest portion in value-added among the group of wood and paper products, were higher than those of the other manufactured goods in 2019. These findings indicate the importance of wood and paper products through industrial inducement effects in the Korean economy.

Keywords
Wood and paper products
production inducement effect
value-added inducement effect
employment inducement effect
forward and backward linkage effects
References

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Information
  • Publisher :Korea Technical Association of The Pulp and Paper Industry
  • Publisher(Ko) :한국펄프종이공학회
  • Journal Title :Journal of Korea TAPPI
  • Journal Title(Ko) :펄프종이기술
  • Volume : 53
  • No :5
  • Pages :43-53
  • Received Date : 2021-09-09
  • Revised Date : 2021-10-13
  • Accepted Date : 2021-10-14
  • DOI :https://doi.org/10.7584/JKTAPPI.2021.10.53.5.43
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