The Effect of the Food Service Industry up on the National Economy of Korea.
- Author:
Hee Sook CHEON
1
;
Kyung Soo HAN
Author Information
1. Department of Food Service & Catering Management, Kyonggi University, Suwon, Korea. chs0527@hotmail.com
- Publication Type:Original Article
- Keywords:
the food-service industry;
input-output analysis;
economic effect
- MeSH:
Food Services*;
Korea*
- From:Korean Journal of Community Nutrition
2003;8(5):763-769
- CountryRepublic of Korea
- Language:Korean
-
Abstract:
The food-service industry in Korea has experienced remarkable growth during the past few decades. The objectives of this study were to analyze the influence of the food-service industry upon the national economy by using an inputoutput analysis and to find the industrial position of the food service industry. This paper analysed the economic effect of the food-service industry using 168 items arranged in a transaction table based on producer's prices in the 1995 input-output tables. The results of this study showed that the food-service industry had a major influence on the national economy of Korea. Based on the calculation of the following five coefficients; Korea's production inducement coefficient ranked as 50, its import inducement coefficient ranked as 28, its value added inducement coefficient ranked as 32, its worker inducement coefficient ranked as 2 and its employee inducement coefficient per final demand ranked as 5 in a total of 168 industries.
