Please use this identifier to cite or link to this item: http://hdl.handle.net/10397/43219
Title: Predicted economic impact analysis of a mega-convention using multiplier effects
Authors: Kim, SS
Park, JY
Lee, JS
Keywords: Convention industry
Input–output model
Economic impact
Multiplier
Expenditure
Issue Date: 2010
Publisher: Routledge, Taylor & Francis Group
Source: Journal of convention & event tourism, 2010, v. 11, no. 1, p. 42-61 How to cite?
Journal: Journal of convention & event tourism 
Abstract: This study's main objective is to estimate the economic impact of a mega-convention, including an exhibition that is scheduled to be held in May 2016 in Korea. This study uses the multiplier effect of an input–output model to estimate the economic impact of hosting the convention. To compute the mega-convention's total expenditures, four sources are considered: conference hosts, exhibition host, exhibitors, and foreign attendees. The total expenditures by the four sources generate US$70.2 million. The total convention receipts of US$70.2 million produce US$132.8 million in output, 1,320 full-time-equivalent jobs, US$23.9 million in personal income for residents, US$58.4 million in value added, US$8.1 million in indirect tax, and US$11.1 million in imports.
URI: http://hdl.handle.net/10397/43219
ISSN: 1547-0148 (print)
1547-0156 (online)
DOI: 10.1080/15470140903574195
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