Analysis of Economical & Social Impact of Meteorological Information

기상정보가 사회 경제에 미치는 영향과 효과분석

Yang, Young-Min;Kang, In-Sik;Yoo, Jin-Ho;An, Kyoung-Hee
양영민;강인식;유진호;안경희

  • Published : 20040000

Abstract

The cost caused by natural disaster has been increasing rapidly since last decade, for example, it amount to $ 34 billion during warm ENSO between 1997 and 1998 for all over the world. Thus, we have reviewed economic and social benefits of predictional and climatological information based on an extensive literature search in WMO, Korea Meteorological Administration. Statistical data-exchange rate, GDP of each country and so on have been obtained from national statistical office of Korea, UK, USA, Canada, Australia and New Zealand. Also, we applied the methodology that was used in those foreign papers to estimate the economic benefit of weather and climate in Korea. Industries sensitive to weather and climate is agriculture, forestry and fisheries, construction, transportation, public utilities, retail trade, finance, insurance and real state, the GDP ratio of these industries is about 42% in USA and 52% in Korea. The benefits using weather and climate information represent about 0.2% of GDP when we assess the benefits based on searches that was applied to domestic industrial sector and 0.3% of GDP when we estimate the benefits using the data that we analyzed through the international papers. We suppose that the economical effect of weather and climate reaches about 1% of GDP if it is included the cost caused by weather & climate disaster damage.

Keywords

References

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