Economic Linkages and Comparative Advantage of the UK Creative Sector

Yin, Ya Ping; Ye, Zhen

doi:10.2139/ssrn.1310948

Cited by 7 publications

(13 citation statements)

References 27 publications

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“…Backward linkage effect can be expressed as the pulling power that induces the input of intermediate goods in the process of an industry producing final goods [47]. In other words, the backward linkage effect is the power of dispersion because one industry induces production to other industries through demand for intermediate goods in the process of producing final goods, and the production inducement continuously promotes production to others [48,49].…”

Section: Methodsmentioning

confidence: 99%

“…Forward linkage effect is a production inducing effect that occurs when the final goods of one industry are input as intermediate goods of other industries. Forward linkage effect is explained as an interaction that directly triggers the structural relationship between supply and demand for intermediate goods across the industry as a business client inputs a product [47]. It is also explained by the reaction that occurs when the entire national industry is activated, the sensitivity of dispersion, and the effect of inducing supply [30,[48][49][50].…”

Section: Methodsmentioning

confidence: 99%

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A Study of Linkage Effects and Environmental Impacts on Information and Communications Technology Industry between South Korea and USA: 2006–2015

Mun

Yun²,

Choi

2021

Processes

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This study examined the relationship among carbon dioxide emissions and linkage effects using Input–Output (IO) data of the information and communications technology (ICT) industry between South Korea and the USA. As we wanted to find out if the ICT industry, which the world is passionate about, is a sustainable industry. The linkage effects are analyzed to determine the impact of ICT industry on the national economy, and CO₂ emissions of the industry are analyzed to determine how much influence it has on air pollution. In addition, we classify ICT industry by ICT service and manufacturing industries as the key industries in Korea and the US. Data were collected from OECD ranging from 2006 to 2015 in order to quantitatively estimate backward linkage, forward linkage effect, and carbon dioxide emissions. The results indicated that ICT manufacturing industry in Korea has high backward and forward linkage effects. CO₂ emissions from ICT service is more than from ICT manufacturing in both Korea and the US. We wanted to find out if the ICT industry, which the world is passionate about, is a sustainable industry. As a contribution, ICT manufacturing and service industries in Korea and the United States are directly compared, and CO₂ emissions over 10 years are analyzed in a time series.

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Section: Methodsmentioning

confidence: 99%

Section: Methodsmentioning

confidence: 99%

A Study of Linkage Effects and Environmental Impacts on Information and Communications Technology Industry between South Korea and USA: 2006–2015

Mun

Yun²,

Choi

2021

Processes

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“…It is useful to explain the linkage effect of an industry and to understand the structure of the national economy. Ye and Yin [38] used Input-output analysis as a study on the relevance and competition between industries in the UK. Chiu and Lin [39] presented the linkage effect of the transportation industry using Input-output analysis in a study on its role and effect on Taiwan's economy.…”

Section: Hypotheses Developmentmentioning

confidence: 99%

“…The backward linkage effect refers to the effect of the pulling power on the entire national industry caused by the input of intermediate goods into product processing owned by the industry. The forward linkage effect is defined as the interaction that is directly induced in the structure of the industry-wide intermediary demand and supply relationship caused by the input of products by business customers [38]. It is an industry-wide production-inducing effect caused by the input of a product of the relevant industry as an intermediate product of another industry.…”

Section: I-o Analysis and Co 2 Emissionsmentioning

confidence: 99%

Comparative Study in Software and Healthcare Industries between South Korea and US Based on Economic Input–Output Analysis

Mun

Yun²,

Choi

et al. 2022

Atmosphere

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In the modern era, software technology is being used not only as a core technology for manufacturing but also in various industries, such as telemedicine services, and the importance of the healthcare industry is being emphasized due to the demand for improved quality of life from the increase in the general level of earnings. However, if the industry emits a lot of carbon dioxide (CO2), it is questionable whether it is a sustainable industry. This study aimed to analyze the economic linkage effect of software and healthcare industries in South Korea and the United States by applying input–output analysis and examine whether these industries are sustainable in terms of CO2 emissions. The input–output tables and CO2 emissions from 2005 to 2015 were used for analysis from OECD. As a result of the analysis, CO2 emissions from the software and healthcare industries were less than 1% in both South Korea and the United States, suggesting that these industries are well-suited for low-carbon development in these countries. The forward and backward linkage effects of the software industry are different between South Korea and the United States. Specifically, the backward linkage effect of the software industry is large in South Korea, and the forward linkage effect is large in the United States. The forward linkage effect of the healthcare industry is different in the two countries, but the backward linkage effect is not. It means that there are differences in the industrial structure of the two countries. The software and healthcare industries need to devise strategies to drive production in other industries while maintaining current low carbon emission levels.

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“…The subject of creative industries and international trade is analysed by Chala (2016), Kontrimienė and Melnikas (2017), Cao and Niu (2017) and Ye and Yin (2007). Chala (2016) who analysed trade specialisation in creative industries sector in CEE (Central and Eastern Europe) countries noticed that ECONOMICS AND CULTURE 17(1), 2020 DOI: 10.2478/jec-2020-0003 DOI: 10.1515/jec-2016-0014 higher trade specialisation is located in large metropolitan areas.…”

Section: Introductionmentioning

confidence: 99%

Export Competitiveness Analysis of Creative Industries in the European Union

Krisiukėnienė

Pilinkienė

2020

Economics and Culture

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AbstractResearch purpose. The research purpose is to assess and compare the competitiveness of the EU creative industries’ export.Design/Methodology/Approach. The article is organised as follows: Section 1 presents a short theoretical conception of creative industries; Section 2 presents the theoretical background of trade competitiveness indices; Section 3 introduces the research data set, method and variables; Section 4 discusses the results of the revealed comparative advantage index analysis; and the final section presents the conclusions of the research. It should be noted that the research does not cover all possible factors underlying the differences in the external sector performance and thus may need to be complemented with country-specific analysis as warranted. Methods of the research include theoretical review and analysis, evaluation of comparative advantage indices and clustering.Findings. The analysis revealed that the EU countries may gain competitiveness because of the globalisation effects and the development of creative industries. The increase in the revealed comparative advantage (RCA) index during the period 2004–2017 shows rising EU international trade specialisation in creative industries. According to dynamic RCA index results, France, Poland, Slovakia, Slovenia and Spain has competitive advantage in creative industries sectors and could be specified as ‘rising stars’ according to dynamic of their export.Originality/Value/Practical implications. A creative industries analysis is becoming increasingly relevant in scientific research. Fast globalisation growth affects the processes in which closed economies together with their specific sectors are no longer competitive in the market because productivity of countries as well as particular economic sectors depends on international trade liberalisation, technology and innovation. Scientific literature, nevertheless, contains a gap in the area of international trade competitiveness research in creative industries sector.

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Economic Linkages and Comparative Advantage of the UK Creative Sector

Cited by 7 publications

References 27 publications

A Study of Linkage Effects and Environmental Impacts on Information and Communications Technology Industry between South Korea and USA: 2006–2015

A Study of Linkage Effects and Environmental Impacts on Information and Communications Technology Industry between South Korea and USA: 2006–2015

Comparative Study in Software and Healthcare Industries between South Korea and US Based on Economic Input–Output Analysis

Export Competitiveness Analysis of Creative Industries in the European Union

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