Estimating the Economic Impact of the 2008 Ham-Pyeong World Butterfly and Insect Expo Korea - Using Regional Input-Output Model -
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The 2008 Ham-Pyeong World Butterfly and Insect Expo Korea (2008.4.18~2008.6.1) which is the research subject of this paper, is one of the well known local festivals representing Korea. This ecological festival focusing on butterflies, insects and flowers in the theme of nature and rural amenity has steadily contributed to the income improvement of the local economy by inducing tourists successfully. This paper aims to study the ripple effect of this event on the economy of Ham-Pyeong district in depth. In particular, the Location Quotient(LQ) method that has been broadly used in Korea in stead of adirect research method was adopted in this research to make anindustry-related model in the scope of local economy.
Abstract
The 2008 Ham-Pyeong World Butterfly and Insect Expo Korea (2008.4.18~2008.6.1) which is the research subject of this paper, is one of the well known local festivals representing Korea. This ecological festival focusing on butterflies, insects and flowers in the theme of nature and rural amenity has steadily contributed to the income improvement of the local economy by inducing tourists successfully. This paper aims to study the ripple effect of this event on the economy of Ham-Pyeong district in depth. In particular, the Location Quotient(LQ) method that has been broadly used in Korea in stead of adirect research method was adopted in this research to make anindustry-related model in the scope of local economy.
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