Abstract
This study attempts to reveal the contribution of Busan ocean industries on regional value-added by applying the regional input-output table. We analyze input-output structure, net value-added effect and GRDP (Gross Regional Domestic Products) contribution of Busan ocean industries. The results show that ocean industries account for 6.6% of Busan GRDP, and it is 5th largest among 36 Busan industries. The value-added ratio of Busan ocean industries is 38.1%, which is higher than national ocean industries(26.1%). Moreover, Busan ocean industries have the highest net value-added effect than other industries in Busan. Finally, we found that Busan ocean industries highly contribute to regional economy and they have the domestic competitiveness in South Korea.
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