Abstract ▼ AI-Helper

The primary objective of this study is to analyze the economic impact of Free Economic Zone(FEZ) development project while at the same time to study the appropriateness of the existing development strategies as well as industries being induced by using Input-Output analysis. Specifically the table...

The primary objective of this study is to analyze the economic impact of Free Economic Zone(FEZ) development project while at the same time to study the appropriateness of the existing development strategies as well as industries being induced by using Input-Output analysis. Specifically the tables of IRIO(Inter-Regional Input-Output) analysis of 2003, 2005 were used to reflect regional distinctiveness regarding the whole Free Economic Zones and as being a supplementary the National Input-Output analysis of 1998, 2008 were referred. Based on the result of analysis, the economic impact of the Free Economic Zone development project of all 6 regions found out to be lower than publicly announced data at the time it was designated. In addition, no significance could be noticed in the comparison of inducement coefficient between national Input-Output table and IRIO table. Finally, based on the result of analysis of forward-backward linkage effect and Location Quotients(LQ) analysis of 6 FEZ regions, IFEZ, GFEZ in the 1st-phased FEZ and YESFEZ in the 2nd-phased FEZ reflected well the development strategies as well as regional specialized industries.

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