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KMID : 1002520160100040153
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Korean Journal of Health Service Management
2016 Volume.10 No. 4 p.153 ~ p.165
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An Analysis of the Economic Effects of the U-healthcare Industry
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Suh Jeong-Kyo
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Abstract
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Objectives : Recently, concern about the ubiquitous healthcare industry has increased worldwide. This study estimated the economic effects of the ubiquitous healthcare industry by Input-Output Analysis.
Methods : In this study, 384*384 sector statistics of the Bank of Korea were used as the initial analysis tool, after adjustments, 9*9 sector statistics were used as the major research method for that industry. The main analysis tools of this study included a comparison of the backward and forward linkage effects, as well as the induced effects of the self-industry and other industries and the induced coefficients including products, value-added, employee's pay, sales surplus, and employment.
Results : Based on the results of the analysis, the ubiquitous healthcare industry has great economic impacts which affects major macroeconomic factors including production and the backward linkage effect. Additionally, the induced effects of the self-industry, the ubiquitous healthcare industry, are significant compared to other industries in terms of production, employee's pay and operating surplus.
Conclusions : The ubiquitous healthcare industry is a growth engines for national development. This paper offers alternatives for efficient industrial policies.
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KEYWORD
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Ubiquitous Healthcare, Induced Effect, Linkage Effect, Self and Other-induced Effects
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