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ICT 산업이 생산 및 경제성장에 미치는 영향 : 4차 산업혁명 관련 산업을 중심으로

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  • ICT 산업이 생산 및 경제성장에 미치는 영향
  • 이명수; 남수중
  • 한국정보화진흥원


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Title ICT 산업이 생산 및 경제성장에 미치는 영향
Similar Titles
Sub Title

4차 산업혁명 관련 산업을 중심으로

Material Type Reports
Author(Korean)

이명수; 남수중

Publisher

대구 : 한국정보화진흥원

Date 2019-07
Series Title; No Informatization Policy / 26
Pages 22
Subject Country South Korea(Asia and Pacific)
Language Korean
File Type Link
Subject Economy < General
Industry and Technology < IT
Holding 한국정보화진흥원
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Abstract

This paper analyzes the size of direct and indirect impact of the information and communication technology(ICT) producing sector to the Korean economic growth We first divide the entire economy into the ICT producing sector and the ICT using sector, and estimate the contributions to the economic growth by each sector. We also try to answer the question on what the possible causes of the ICT producing sector's contribution are to growth. In oder to find the answer, we focus on the change in the relative prices of ICT products produced in the ICT producing sector and examine the long-term relations among the relative prices of ICT products, the ratio of ICT products used in the ICT using sector as an intermediate input, and the output of the entire economy. We find that the overall economic growth has been weakened but the ICT sector's contribution to the growth has increased. Specifically, the indirect contribution of the ICT producing sector, through the ICT using sector, to economic growth was greater than the direct contribution of the ICT producing sector itself. We also find a stable, long-term negative relation between the relative prices of ICT products produced in the ICT producing sector and the ratio of ICT products as an intermediate input in the ICT using sector. In addition, the decrease in the relative prices of ICT products produced in the ICT producing sector increases the use of ICT products in the ICT using sector and the output of the entire economy. These findings can be interpreted that the price decrease in the ICT products improves the production efficiency in other sectors and helps directly and indirectly, accelerating growth of the entire economy.