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Asia-Pacific
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2011
 
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The Economic Impact of Tourism in the Republic of Korea


Author(s): Transport Division (TD)
Economic Sector(s): (1) Global, regional and multisectoral economic and social development strategies and policies
ESCAP Reference No.: ST/ESCAP/1201
Division/Office: Transport
Published Date: 1993
Country: Korea (Republic of)
Hard Copy Price: N/A


The study contains the main findings of a research which empirically examine the impact of travel expenditures by foreign visitors on national economic variables in the Republic of Korea. The economic variables include output, employment, government revenue, import, and income distribution. Moreover, the research examines the profile and the behaviour of international tourists. The final policy recommendations are based on those empirical findings.




Introduction

 

Methodology

 

Data

 

Overview of International Tourism and Tourist Profile

 

Overview of International Tourism

 

Inbound Tourism and National Economy

 

General Profile and Behavioural Pattern of Foreign Tourists

Empirical Results

 

Value Added

 

Output Effect

 

Income Effect

 

Employment Effect

 

Import Effect

 

Distributional Effect

Conclusions and Summary

Appendix

References




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