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Jeong, Jee, Kim, and Kim: A Study on the Economic Effects of the Healthcare Information Technology Industry
Original Article

Journal of Korean Society of Medical Informatics 2007; 13(4): 321-333.

Published online: 31 December 2007

DOI: https://doi.org/10.4258/jksmi.2007.13.4.321

A Study on the Economic Effects of the Healthcare Information Technology Industry

Woo Soo Jeong, Kyoung Yong Jee, Soh Yoon Kim, Yoon Kim

ETRI IT Technology Strategy Research Division, Korea.

National Health Information Task Force Team, Korea.

Department of Health Policy and Management, Seoul National University, College of Medicine, Korea.

wsjeong@etri.re.kr

Copyright © Korean Society of Medical Informatics

Abstract

OBJECTIVE

We firstly defined the Healthcare Information Technology Industry as the new industry and then analyzed it's National Economic Effects based on the Meta-phase Investment of Public Finance Plan.

METHODS

: We took the In/Output Analysis of Inter-industry Relationships as the quantitative analysis method to analyze the affect on the Healthcare Information Technology Industry.

RESULTS

The EPI(Estimated Production Inducement) and the VAI(Value-Added inducement) were amounted to KRW 1.99 trillion and KRW 1.73 trillion each between 2006 and 2010. Moreover, the TEI(Total Employment Inducement) was estimated at about 2.9 thousand jobs during the same periods of time.

CONCLUSION

We found the Economic Effects of the Healthcare Information Technology Industry contributed to the Core Growth Power of the overall a nation. In other words, it satisfied the desire of consumption on the healthcare and improved the quality of the life.

Keywords: Economic Effect, Healthcare, Investment, Endogenous, In/Output Analysis

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