@article{ART001127310},
author={김헌구 and Oh,Jung-Hoon},
title={The Impact of IT Industry on the Korean Economy from '95 to '98},
journal={Informatization Policy},
issn={1598-3498},
year={2004},
volume={11},
number={3},
pages={3-12}
TY - JOUR
AU - 김헌구
AU - Oh,Jung-Hoon
TI - The Impact of IT Industry on the Korean Economy from '95 to '98
JO - Informatization Policy
PY - 2004
VL - 11
IS - 3
PB - NIA
SP - 3
EP - 12
SN - 1598-3498
AB - In 1997, the Korean economy began experiencing a severe crisis resulting in IMF control. During this
impasse, emphasis on IT proved to be a breakthrough in easing the crisis. This paper will analyze whether the
IT industry can positively affect the structural change of the economy. Using the VIO model, the changes in
Korea industries before and after IMF control are derived under the assumption of capital cost reduction by
1% in the IT sector. However, the response of the economy to the change in the IT sector falls short of our
expectation that the development in the IT industry would increase the productivity of the Korean economy.
The government policy related to IT has been oriented toward cultivating IT industry with heavy investment
instead of trying to make the overall industrial structure compatible with the IT. Here we conclude that IT
policy should be market-oriented to find and support even non-IT industries so that these industries are
positively affected by the development of IT.
KW - IT;IT impacts;Productivity;Industry
DO -
UR -
ER -
김헌구 and Oh,Jung-Hoon. (2004). The Impact of IT Industry on the Korean Economy from '95 to '98. Informatization Policy, 11(3), 3-12.
김헌구 and Oh,Jung-Hoon. 2004, "The Impact of IT Industry on the Korean Economy from '95 to '98", Informatization Policy, vol.11, no.3 pp.3-12.
김헌구, Oh,Jung-Hoon "The Impact of IT Industry on the Korean Economy from '95 to '98" Informatization Policy 11.3 pp.3-12 (2004) : 3.
김헌구, Oh,Jung-Hoon. The Impact of IT Industry on the Korean Economy from '95 to '98. 2004; 11(3), 3-12.
김헌구 and Oh,Jung-Hoon. "The Impact of IT Industry on the Korean Economy from '95 to '98" Informatization Policy 11, no.3 (2004) : 3-12.
김헌구; Oh,Jung-Hoon. The Impact of IT Industry on the Korean Economy from '95 to '98. Informatization Policy, 11(3), 3-12.
김헌구; Oh,Jung-Hoon. The Impact of IT Industry on the Korean Economy from '95 to '98. Informatization Policy. 2004; 11(3) 3-12.
김헌구, Oh,Jung-Hoon. The Impact of IT Industry on the Korean Economy from '95 to '98. 2004; 11(3), 3-12.
김헌구 and Oh,Jung-Hoon. "The Impact of IT Industry on the Korean Economy from '95 to '98" Informatization Policy 11, no.3 (2004) : 3-12.
