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http://dx.doi.org/10.12985/ksaa.2018.26.4.020

Economic Effects of Incheon International Airport Arrival Duty-Free Shops  

Kim, Seok (인천국제공항공사 공항연구소)
Choi, Yu-Jin (인천국제공항공사 공항연구소)
Publication Information
Journal of the Korean Society for Aviation and Aeronautics / v.26, no.4, 2018 , pp. 20-26 More about this Journal
Abstract
This study analyzes the economic effect of introducing the arrival duty - free shop at Incheon International Airport. Based on the estimated sales of KRW 127 billion for the duty-free shop at the port of entry, the international balance of payments was estimated at KRW 55.5 billion. Job creation was estimated at 530, including direct and indirect workforce. With the admission of arrival duty-free shops, duty-free shops in the airline are likely to see a decline in sales, helping to improve monopoly structure on the market structure side. It is expected that the rental income generated through the operation of the arrival duty-free shop will be used as a resource for social contribution activities, creating additional social economic effects.
Keywords
Arrival Duty-Free Shop; International Balance of Payments; Economic Impact; Creation of Jobs; Win-win management;
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  • Reference
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