An economic impact analysis of the Korean exhibition industry

This study estimates the multiplier effect of the exhibition industry. In order to calculate the exhibition industry's total expenditure, consideration is made of three major sources of expenditure including hosts, exhibitors and foreign attendees. According to the summary of the economic impact analysis, the total exhibition receipts of US$645.7 million produced US$1.2 billion in output; 21 692 full‐time equivalent jobs, US$260 million in personal income for residents, US$577.4 million in value‐added, US$54.2 million in indirect tax and US$104.3 million in imports. Copyright © 2008 John Wiley & Sons, Ltd.