Analysis of the role of maritime freight transport industry in the Korean national economy

1Graduate Student, Inha University, 253 Yonghyun-dong, Nam-Gu Incheon 402-751, Korea
2Asia Pacific School of Logistics, Inha University, 253 Yonghyun-dong, Nam-Gu Incheon 402-751, Korea
3Assistant Professor, Graduate School of Logistics, Inha University, 253 Yonghyun-dong, Nam-Gu Incheon 402-751, Korea

Journal of International Logistics and Trade

ISSN: 1738-2122

Article publication date: 30 June 2008

Issue publication date: 30 June 2008

110
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Abstract

The maritime freight transportation industry has played an important role in the Korean economy. The Korean maritime freight transportation industry is faced with a period of transforming it competitively and efficiently in this global age. This paper, therefore, aims to identify the impact of the maritime freight transportation industry in the Korean national economy. Hence, this paper provides policy-makers with accessible and reliable information regarding the role of the Korean maritime freight transportation industry. This study employs input-output (I-O) analysis to examine the role of the maritime freight transportation industry in the national economy for the period 1995-2003, with specific application to Korea. This study pays particular attention to the maritime freight transportation industry by taking the industry as exogenous variable and then investigates its economic impacts. We identify inter-industry linkage effects in 20 sectors, production-inducing effects, added value-inducing effects, and supply-shortage effects of the maritime freight transportation industry.

Keywords

Citation

Choi, Y.Y., Ha, H.-K. and Park, M. (2008), "Analysis of the role of maritime freight transport industry in the Korean national economy", Journal of International Logistics and Trade, Vol. 6 No. 1, pp. 23-44. https://doi.org/10.24006/jilt.2008.6.1.23

Publisher

:

Emerald Publishing Limited

Copyright © 2008 Jungseok Research Institute of International Logistics and Trade

License

This is an Open-Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/4.0/) which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited


Corresponding author

*Corresponding Author: Professor, Asia Pacific School of Logistics, Inha University, 253 Yonghyun-dong, Nam-Gu Incheon 402-751, Korea. E-mail:

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