The purpose of thos study is to estimate the corrosion cost in primaty metals industry in Korea using 2005 input-output tables. The differece between GDP of the economy as it exists and the economy as it would exist if corrosion did not exist determin...
The purpose of thos study is to estimate the corrosion cost in primaty metals industry in Korea using 2005 input-output tables. The differece between GDP of the economy as it exists and the economy as it would exist if corrosion did not exist determines the total cost of corrosion. Compare to the costs which were 5.87% of primaty metais sector GDP(1998 base year) in U.S.A. and 18.25% of primary metals sector GDP(1997 base year)in Japan. the corrosion cost in primary metais industry in Korea was 15.50% of primary metals sector GDP(2005 base year) in Korea. These results will peovide a basis for development of technological. legislative. and other initiatives to promote effective economic savings of corrosion costs.