우리나라 산업별 수출과 고용비율간의 관계 분석

Relationships between Employment and Export in Korea: An Input-Output Analysis

It expected that the contribution of exports to job creation would decrease in Korea with the decline in the domestic investment of large companies and the increase in outsourcing overseas. Amidst this background, this study attempts to examine relationships between export and employment in Korea using input-output analysis using data as far back as the 1990s. Results show that most of the job creation is derived from the services sector rather than from manufacturing. Moreover, those items which account for a large share of Korea's exports like petroleum, non-metallic products, industrial machinery, computers and electronic equipment did not contribute much to job creation as expected. In addition, considering the number of workers induced by final demand, the number of workers induced by export have declined much more than consumption and investment. These results imply that consumption is a better driver for job creation, because employment induced by consumption is higher than exports of manufactured products. Thus, policy direction point towards further growth in the services sector.