An Analysis of Regional Interindustry Effect of Ground Water in Jeju Island

Myunghwan Sung

Journal of Rural Development/Nongchon-Gyeongje, 2011, vol. 34, issue 5

Abstract: Climate change, shortage of water and environment pollution have become a big issue all over the world. In the case of Jeju Island, it is completely dependent on subterranean water for not only drinking water but also public water, industrial water and agricultural water because of its hydrogeological condition unlike the inland. The primary objective of this study is to analyze the correlations of the ground water with the local economy and industry and to evaluate the economical value of the ground water in Jeju Island. The effect of the water industry was analyzed in a scenario using the regional input-output table. It is forecasted that the economic value of the ground water of Jeju Island will be escalated, and thus it is necessary to extend the range of the ground water-based industry to high value-creating businesses connected to tourism and the service industry. A comprehensive countermeasure needs to be devised to create economic value and evaluate the quality of life of Jeju residents.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/330545/files/RE34-5-04.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:jordng:330545

DOI: 10.22004/ag.econ.330545

Access Statistics for this article

More articles in Journal of Rural Development/Nongchon-Gyeongje from Korea Rural Economic Institute Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().