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The size, effects, and efficiency of Internet economy in Korea

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  • The size, effects, and efficiency of Internet economy in Korea
  • Shin, Ilsoon; Park, Jungsoo; Jeon, Seonghoon
  • The Korea Association for Telecommunications Polices


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Title The size, effects, and efficiency of Internet economy in Korea
Similar Titles
Material Type Reports
Author(English)

Shin, Ilsoon; Park, Jungsoo; Jeon, Seonghoon

Publisher

[Jincheon]:The Korea Association for Telecommunications Polices

Date 2012-06
Journal Title; Vol./Issue International Telecommunications Policy Review:Vol. 19(No. 2)
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic System
Industry and Technology < General
Holding Social Science Research Network

Abstract

This study is aimed at examining the quantitative size, effects, efficiency, and global status of Korea’s Internet economy, and discussing market measures to maximize the benefits of Internet economy. The share of Internet economy in Korea is about 5.94% of GDP, and Korea was ranked among top five out of 20 surveyed countries in the size of Internet economy. The consumer surplus from the Internet in Korea is estimated to amount to at least 3.2 trillion won a year. Korea is ranked No. 1 among OECD countries in Internet Enablement and is ranked No. 2 among OECD countries in e-Intensity Index, which uses Internet Enablement, Engagement and Expenditure to measure the maturity of Internet economy. However, Korea’s Internet economy still has room for improvement. (The rest omitted)