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A Study on the Economic Impact of the Marine Leisure Sector Following the Designation of Haeundae as 'Convention, Movie, Marine Leisure Special Zone
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 Title & Authors
A Study on the Economic Impact of the Marine Leisure Sector Following the Designation of Haeundae as 'Convention, Movie, Marine Leisure Special Zone
Hwang, Young-Woo; Ryu, Tae-Chang; Yhang, Wii-Joo;
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 Abstract
This study is designed to analyze the production, employment, value added and income impacts tha, in the event of designation and development of Haeundae as 'Convention, Movie, Marine Leisure Special Zone', its marine sector would have on the local economy. The realization of marine leisure special zone of Haeundae in Busan is expected to lead to a direct and indirect investment of approx. \13.6 billion, resulting in \68.0 billion in production impact, 850 jobs in employment impact, \28.0 billion in value added impact and \14.5 billion in income impact. This is expected to give a boost to a stagnant local economy, offering opportunities for the revival of Busan's tourist industry.
 Keywords
Marine leisure;Convention;Special local development zone;Haeundae;
 Language
English
 Cited by
 References
1.
Busan Metropolitan City(2004a), '2000 Regional Input-output table of Busan.'

2.
Busan Metropolitan City(2004b), 'Regional economic impact analysis and its application.'

3.
Kwak, S. J, Yoo, S. H., and Chang, J. I(2002), 'Role of the Marine Sector in the Korean National Economy Using Input-Output Analysis', Korea Maritime Institute 17(1), pp.1-31

4.
Shin, S. H.(2002), 'A Study On the Regional Development Effect of Urban and Rural Consolidation-Focused on Mokpo and Muan-,' Journal of the Korean Regional Development Association 14(2), pp. 1-22

5.
Son, S. R., and Lee, S. H.(2003), 'A Study on the Effective Implementation of the Special Local Development Zone System', Korea Research Institute for Human Settlements, The Korea Spatial Planning Review 38(3), pp. 3-23