• Title/Summary/Keyword: Economic ripple effect

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Application of B-Grade Cultural Contents to Small City Marketing Strategy: Focused on the Case of Chungju City, Korea (B급 문화콘텐츠의 활용을 통한 소도시 마케팅 전략: 충주시의 사례를 중심으로)

  • Kwon, Eva;Lee, Byung-min
    • Journal of the Economic Geographical Society of Korea
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    • v.25 no.1
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    • pp.87-107
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    • 2022
  • This study aims to understand the possibility of small city marketing strategies using B-grade cultural contents. This research focused on the case of Chungju City which applied B-grade cultural contents to city marketing. The process using B-grade cultural contents to small city marketing was investigated and hash-tags and comments on social media were coded and analyzed based on grounded theory. Also, the details were examined through in-depth interviews with the local government official in charge. The result has shown the characteristics of B-grade cultural contents describing the differences from the original B-grade culture as subcuture. First, publicity materials showed the characteristics of general B-grade culture such as retro, puns, and escape, showing the process of communication/participation/empathy. Second, improbability, intertextuality, extensibility, subversiveness, and authenticity were the five main factors for responses and empathy from the audience. Third, the ripple effect was formed through the simple narrative structure of 'intro-conclusion'. Finally B-grade cultural contents of Chungju showed new possibilities for sustainable small city marketing through the formation of new cultural assets.

A Feasibility Study on the Relocation of Public Library to Multicultural Library: Focusing on Wando-County Library (공공도서관의 복합문화도서관 이전 건립을 위한 타당성 연구 - 완도군립도서관을 중심으로 -)

  • Juhyeon Park;Wookwon Chang;Woojin Shin;Jujin Kim;Hyunji Park
    • Journal of Korean Library and Information Science Society
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    • v.55 no.2
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    • pp.55-81
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    • 2024
  • The purpose of this study is to investigate and analyze the feasibility of relocating and building the Wando-gun Library into a multicultural library. For this purpose, the results of policy and economic feasibility, including locational feasibility, related laws, high and related plans, and surveys were examined. As a result of the analysis, it was found that policy feasibility was secured and economic feasibility was insufficient, but it is judged that some of it was secured because the ripple effect was calculated by the occurrence of social benefits. The results of this study can be useful data to prepare for a project to promote the construction of a library as a multicultural space.

The Analysis of Economic Impact for Information Security Industry using Inter-Industry Analysis (산업연관분석을 이용한 정보보호 산업의 경제 파급효과 분석)

  • Jeong, Eun-Hee
    • The Journal of Korea Institute of Information, Electronics, and Communication Technology
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    • v.13 no.1
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    • pp.72-80
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    • 2020
  • The information security industry is increasing in importance and market size due to the development of the fourth industry such as artificial intelligence, IoT and etc. This paper was analyzed the impact of the increasing information security industry on the domestic economy by using the Input-Output table. It was classified industrial sectors into information security products and information security services industries, and then reclassified the Input-Output table into 35 industries. And it was estimated the production inducement coefficient, the value-added inducement coefficient, employment inducement coefficient, and etc. The production inducement coefficients of the information security product and service industry are each 1.571, 1.802, and the value-added inducement coefficients of them are each 0.632, 0.997, and the employment inducement coefficients of them are each 2.494, 7.361. Only the value-added inducement coefficient of the information security service industry is slightly higher than the total industry, and the remaining inducement coefficients are all lower than the total industry. In addition, the information security product industry has no the forward and backward linkage effect, and the information security service industry has no the backward linkage effect. But it has the forward linkage effect. As a result of analyzing the economic ripple effect of the information security industry, the production inducement amounted to 359.9 trillion won, value-added inducement amounted to 164.8 trillion won, and employment inducement amounted to 803 thousand people.

A Study on the Regional Economic Multiplier Impacts of Jeju International Wind Ensemble Festival (제주국제관악제의 지역경제파급효과 분석에 관한 연구)

  • Ko, Hye-young;Yang, Jeong-Cheol;Lim, Jung-Hyun;Hwang, Kyung-Soo
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.20 no.9
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    • pp.323-332
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    • 2019
  • The purpose of this study is to measure the effects on the regional economy from the Jeju International Wind Ensemble Festival. In order to examine the economic ripple effects of the festival, we examine its impact on the local economy using two regional (Jeju-National) industry-related models based on the 2013 Jeju Region Input and Output Table. We also compare how the Jeju International Wind Ensemble Festival is growing and affecting the regional economy through a comparison between 2017 and 2018. Comparing the results of a production-inducing and value added-effect analysis of the induced industries from investment expenditures for the Jeju International Wind Ensemble Festival, the production-inducing effects increased by 2.1 times-from 9.05 billion won in 2017 to 18.7 billion won in 2018. The value-added effect increased by 2.2 times, from nearly 4.3 billion won in 2017 to nearly 9.2 billion won in 2018. The analysis shows that the Jeju International Wind Ensemble Festival contributes greatly to an income increase for local residents. In order to enhance the effects of the Jeju International Wind Ensemble Festival, it is necessary to use policies that link culture and tourism in Jeju.

Impacts on the Support to Start-up Venture Company using Public Purchases (공공조달수요를 통한 창업벤처기업 지원의 거시경제 파급효과)

  • Kim, Jaehyun;Kim, Ji Young
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.16 no.2
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    • pp.153-161
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    • 2021
  • This study analyzed the ripple effect of the demand-side support for start-up venture companies on the macro economy using Dynamic General Equilibrium model. In the model, start-up venture companies were expressed in a manner that distinguished between workers and entrepreneurs by applying the span of control in the Lucas(1978). As a result of the analysis, when the share of public procurement of start-up venture companies was increased from 5.7% to 10%, the actual production of start-up venture companies increased by about 46.17% and the number of venture companies increased by about 150%. In addition, it was analyzed that the number of jobs through venture companies increased by about 61.56%. In addition, it was found that the economic effect was greatly reduced when the start-up venture company was supported as a subsidy for the supply sector with the same amount as the public procurement support. This is interpreted as the fact that if the government implements the supply-side support policy, the expansion of supply causes the price of start-up venture companies to fall, reducing the effect of the support policy in half. Therefore, when supporting start-up venture companies, the government should make efforts to maximize the policy effect by expanding the demand-side support through public procurement and reducing the payment of simple subsidies to start-up venture companies.

Urban Parks and Their Economic Roles - In the Context of Urban Redevelopment, United States - (도시 공원의 경제적 역할 - 미국 도시 재생 운동에서의 사례를 바탕으로 -)

  • Yoon, Heeyeun
    • Journal of the Korean Institute of Landscape Architecture
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    • v.41 no.4
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    • pp.85-101
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    • 2013
  • The primary goal of this research is to link two currently disconnected literature; the history of urban redevelopment and the one of urban parks and open spaces in the United States (US). Through this exercise, this study attempts to reveal examples of urban parks and open spaces that have yielded economic effects, and emphasize their possibility as a measure of urban redevelopment. Five phases are presented, starting with two Pre-World War II urbanization periods, and three subsequent periods of Post-World War II urban redevelopment (1940s~1960s, late 1960s~1970s, 1980s~present). While urban parks in the 19th century urbanization period held a preeminent place in urban design, policy and economy, ensuing depression and World War II diminished their role as a channel to ease unemployment. In the first phase of urban redevelopment, the economic motive to build open space was to boost the appeal of specific locales in order to draw people and businesses back to a neglected city. In the second phase, public effort to create and maintain urban parks and open spaces declined due to the budget austerity, instead, community open spaces flourished through the voluntary actions and helped neighborhoods to regain desirability. In the third phase, the aspirations and functions of such projects resemble their forerunners of the first phase, but their targets extended to global businesses and elites.

An Effect of Business Service Industry on Korean National Economy using An Input-Output Analysis (비즈니스서비스 산업이 한국경제에 미치는 영향에 관한 연구: 산업연관분석을 이용하여)

  • Shin, Yong Jae;Yim, Myung-Seong
    • Journal of Digital Convergence
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    • v.11 no.12
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    • pp.275-285
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    • 2013
  • As the world economy has been changed into the knowledge-based society, all economic activities have globalized and intensified competition in the marketplace, and the forces of these changes are even more aggressively pressuring today's business. According to many businesses are focused on the core competence and various functions are outsourced by service providers, many firms pay heavily attention to business service. Although the importance of business service, domestic business service industry shows a low labor productivity. On the other hand, foreign business service companies in korea take a substantial portion of business service market. Thus, domestic business service needs to increase a competitiveness because of potential growth opportunities. This study attempts to find out the ripple effect of business service industry on other industry.

Centrality Analysis of Industry Sector for National Flagship Industry Selection (국가주력산업 선정을 위한 산업의 중심성 분석)

  • Kim, Sung-Rok;Lee, Jong-Sang
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.17 no.1
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    • pp.615-621
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    • 2016
  • The selection of a flagship industry is based on whether the industry's developmental impact is great and whether the industry can be the center of the national economy. Here, a ripple effect may be derived by analyzing the forward and backward linkage effects, but in the case of industries that are the centerpieces of the national economy, each researcher reported different results. Consequently, they could not agree on their flagship industry despite belonging to the same time. This study presents a prestige centrality of network analysis as a way of analyzing an industry, which was the center of the national economy, and performed empirical analysis utilizing the 2013 I-O Table. The analysis showed that the industries classified as those with high centrality include the energy industry, which is essential for economic development, can create a synergy effect with other industries, such as the transportation industry, industries with a high level of export and employment, such as electronics and chemicals, and industries for domestic demand, such as wholesale and retail, food services and accommodation.

The Influential Factors to Growth Intention and Performance in Early-stage Technology-based Start-up Companies (기술창업 초기기업의 성장의도와 성과에 미치는 영향)

  • Lee, Chang Young;Hwang, In Ho;Kim, Jin Soo
    • Asia-Pacific Journal of Business Venturing and Entrepreneurship
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    • v.11 no.2
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    • pp.49-62
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    • 2016
  • Technology-based start-ups have great economic ripple effect such as economic growth and job creation. Therefore, a strategic approach is required in order for such start-ups to continuously grow. However, many technology-based start-ups do not survive the Death-Valley and are being eliminated from the market. This is an empirical study on influencing variables that have impact on their performance. This study presents growth intention and influencing variables that have impact on performance (financial performance, technological performance) based on previous research on technology-based start-up. Also, this study examines the relationship between entrepreneurial competence, team commitment and growth intention, and finds the effect of controlling business-network. Structural equation modeling was performed in order to test the research hypothesis. Survey was conducted on the firms that have been certified by Youth Startup Academy of Small and Medium Business Corporation. A total of 306 samples were collected from the survey. An empirical test was conducted on the research hypothesis using SPSS 21.0 and Amos 22.0. The result of hypothesis test shows that growth intention has positive influence on both financial and technological performance, and entrepreneurial competence (technological competence, strategic management competence, creative competence and team commitment) has positive influence on growth intention. Also, the research proved that business-network has regulation effect between human resource trait and growth intention. The result of our study will provide practical insight to future start-ups for continuous growth and successful running of their firm.

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An Analysis of Changes in Air Pollutant Emissions Due to the Introduction of the Special Act on the Improvement of Air Quality in Port Areas -Focusing on Incheon Port (항만지역등 대기질 개선에 관한 특별법 도입에 따른 대기오염물질 배출량 변화 분석 -인천항을 중심으로 )

  • Lee, Min-Woo;Lee, Hyang-Sook;Lee, Jung-Wook
    • Journal of Korea Port Economic Association
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    • v.39 no.3
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    • pp.107-122
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    • 2023
  • This study aims to analyze the effect of reducing air pollutant emissions of the ship fuel oil sulfur content regulation policy, which has been gradually introduced for three years. In addition, the emission reduction effect of VSR and AMP was also analyzed. The analysis was conducted on NOx, CO, VOC, SOx, TSP, PM10, and PM2.5, which are provided by EEA, and the spatial scope of the analysis was conducted on Incheon Port, which is located in the metropolitan area of Korea and has a large ripple effect on air pollution. Three scenarios were constructed for analysis. Scenario 1: If there is no policy, Scenario 2: If only fuel oil sulfur content regulation was implemented, Scenario 3: The analysis was conducted by reflecting fuel oil sulfur content regulation, VSR, and AMP. As a result of the analysis, in the case of scenario 1, 4,801 tons, 4,932 tons, and 5,144 tons of air pollutants were emitted during the three-year period. In Scenario 2, 4,219 tons, 4,152 tons, and 3,989 tons were discharged, and in Scenario 3, 4,198 tons, 4,138 tons, and 3,973 tons were discharged. The findings of this study are anticipated to be applied as fundamental research in port air environment management and Incheon Metropolitan City air management.