earticle

영어

Trade fair is the ideal medium for the transfer of the corporate culture, corporate identity and corporate design of a company. There is no debate as to the place of trade fairs in city and national economic development. It generates local income, employment, and output, and increases the volume of economic activity occurring nationally. This study estimated the economic impact of the trade fair industry in Korea using an Input-Output model. Based on the IO table by the Bank of Korea in 2003, all expenses related to the trade fair industry were re-categorized. The expenditures include five parts: domestic exhibitors, domestic visitors, foreign exhibitors, foreign visitors and trade fair organizers. The survey was conducted to collect data for the expenditure in five parts(n=1,141). As the results of estimated economic impacts of the korean trade fair industry, the production inducing effect was approximately 4,734 billion won, the employment inducing effect was 17,863 persons, and the value-added inducing effect was 748 billion won. The result could be used to set up the new concepts and plans for the government as well as trade fair industry.