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http://dx.doi.org/10.5392/JKCA.2020.20.06.470

Comparison of Cultural Industry Efficiency between China and Korea  

Qu, Tian You (발해대학 경제학원)
Im, Kwang Hyuk (배재대학교 전자상거래학과)
Kim, Sang Wook (배재대학교 중국학과)
Publication Information
The Journal of the Korea Contents Association / v.20, no.6, 2020 , pp. 470-481 More about this Journal
Abstract
Cultural industry's role in national economic growth has increased gradually and drawn increasing attention due to the immense window effect on other industries. Especially, China has fully pushed forward with the development of cultural industry to sophisticate industrial structure since the 2000's. In Korea, the cultural industry has played the leading role in the national economic growth through intensive investment relatively early compared with China. Under the circumstance, this study compared the cultural industry efficiency between China and Korea to examine cultural industry's impact on economic growth and its potentials. The greatest difficulty in comparing the cultural industry efficiency between China and Korea is the development of comparable statistical data. This study chose the number of businesses and the number of employees as the input variables for efficiency analysis and the sales of cultural industry, the output variable. Also, the efficiency was comparatively analyzed through DEA-Malmquist index. Integrated DB about local governments and basic data from KOSIS were used for Korean data and the National Bureau of Statistics of China's data were used for Chinese data. The analysis period was set to 2013-2017. According to analysis, the Malmquist index for Korea was 1.048 and China, 1.041. In other words, Korea improved the efficiency by 4.8% during the analyzed period and China, 4.1%. This result can be attributed to the fact that the cultural industry in Korea was reaching maturity during this period while the cultural industry in China was entering the growth period.
Keywords
China; Korea; Cultural Industry; Efficiency; DEA-Malmquist Index;
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