- 영문명
- An Empirical Study on the Effect of Local Festivals on Consumption Expenditure
- 발행기관
- 한국무역연구원
- 저자명
- 김영덕(Young-Duk Kim)
- 간행물 정보
- 『무역연구』제13권 제6호, 463~481쪽, 전체 19쪽
- 주제분류
- 경제경영 > 무역학
- 파일형태
- 발행일자
- 2017.12.03
국문 초록
영문 초록
This paper investigates the effect of local festivals on consumption expenditures. We utilize the relationship between number or days of local festivals and consumption expenditures to estimate how local festivals affect the consumption expenditures. For estimation, we use regional panel data with the 16 large cities and provinces in Korea during the period of 2004-2014. With the estimation results, we find as follows. First, the estimated relationship between the local festivals and consumption expenditures appears non-linear and inverted-U shaped. There are optimal numbers and days of local festivals to maximize regional aggregate consumption expenditures. Second, the transportation expenditure also has a inverted-U shaped relation with number and days of local festivals. Third, the expenditure for entertainment & culture has a inverted-U relation to number of local festivals, but is not related to days of local festivals. Fourth, the expenditure for foods and accommodations has a inverted-U shaped relation with the number of festivals but increases with the days of local festivals.
목차
Ⅰ. 서론
Ⅱ. 지역축제의 현황과 경제적 영향에 관한 선행연구
Ⅲ. 지역축제의 경제적 효과
Ⅳ. 결론 및 시사점
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