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An Analysis on Economic Effects of Overseas Construction

Kim, Myeongsoo 1

1가톨릭대학교

Accredited

ABSTRACT

This study tries to analyze the economic effects of overseas construction on national economy, using Input-Output model. National economic effects are investigated in forms of inducing production effects, inducing value-added effects, and inducing employment effects based on the Input-Output model. It is derived that 0.88 trillion won, in the year of 2011, flows into national economy from overseas construction activities. Domestic inflow of the sales of overseas construction as factor for production has the same input-output structure as the domestic construction industry. It is assumed that domestic inflow of the sales of overseas construction as factor for production is an export (the change of final demand), then I-O analysis is executed. The 0.88 trillion won, domestic inflow of sales of overseas construction, causes 1.24 trillion won production-increasing effects, 0.67 trillion won value-added effects, and 100,000 creating employment effects. It is needed to collect more specific data on the structure of overseas construction for further study in the future.

Citation status

* References for papers published after 2023 are currently being built.