IDEAS home Printed from https://ideas.repec.org/a/ags/jordng/330576.html
   My bibliography  Save this article

An Analysis of Structural Changes for Korean Livestock Industry Using Input-Output Analysis

Author

Listed:
  • Ji, Inbae

Abstract

In order to identify the economic impacts of the livestock sector on the national economy in general and the structural changes in the livestock industry and its related industries, an input-output analysis was conducted using the Ritz-Spaulding model with the past 20 years’ input-output tables. Cattle, hog, poultry, meat and processed meat products, dairy products, animal feed, and agricultural machinery have showed high growth rates over the past 20 years. However those are low in comparison to the total industrial growth rate of the nation. Also, it is shown that the added-value ratios are lower than those of other industries. However, it appears that the livestock industry and its related industries have more effect on inducing production and employment in comparison to other industries, making a significant contribution to the national economy. They also have high linkage effect, implying that their development has positive effect on the growth of the entire economy. Therefore, the substantiality of livestock industry and its related industries should be ensured, so that they can drive the qualitative growth of the livestock industry.

Suggested Citation

  • Ji, Inbae, 2013. "An Analysis of Structural Changes for Korean Livestock Industry Using Input-Output Analysis," Journal of Rural Development/Nongchon-Gyeongje, Korea Rural Economic Institute, vol. 36(01), May.
    • Handle: RePEc:ags:jordng:330576
    DOI: 10.22004/ag.econ.330576
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/330576/files/RE36-1-02.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.330576?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Livestock Production/Industries;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:jordng:330576. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/kreinkr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.