The importance of cultural contents industry in Korean economy has increased. Considering this fact, this study tries to estimate the economic ripple effect of cultural contents industry. By using input-output table of year 2014, this study categorizes cultural contents industry into six different industries: publishing, broadcasting, advertising, film, cultural service, sports and entertainment industry. We analyzed the production-inducing effects, the value-added-inducing effects and the backward-forward linkage effects. In addition, the analysis for the dynamic features of the ripple effect and the comparison with results from other studies were completed. Results show that, although the proportion of cultural contents industry in Korea economy is not large, the proportion has consistently increased as time passed. The production-inducing effect of cultural contents industry was found to be relatively lower, while the value-added-inducing effect was relatively higher. In all parts of cultural contents industry, the index of the power of dispersion is larger than the index of the sensitivity of dispersion. The results imply that the cultural contents industry pull the supply of other industries. Especially, the index of the power of dispersion of the publishing, broadcasting, advertising and film industry are relatively high, meaning that the economic ripple effect is relatively large.
The importance of cultural contents industry in Korean economy has increased. Considering this fact, this study tries to estimate the economic ripple effect of cultural contents industry. By using input-output table of year 2014, this study categorizes cultural contents industry into six different industries: publishing, broadcasting, advertising, film, cultural service, sports and entertainment industry. We analyzed the production-inducing effects, the value-added-inducing effects and the backward-forward linkage effects. In addition, the analysis for the dynamic features of the ripple effect and the comparison with results from other studies were completed. Results show that, although the proportion of cultural contents industry in Korea economy is not large, the proportion has consistently increased as time passed. The production-inducing effect of cultural contents industry was found to be relatively lower, while the value-added-inducing effect was relatively higher. In all parts of cultural contents industry, the index of the power of dispersion is larger than the index of the sensitivity of dispersion. The results imply that the cultural contents industry pull the supply of other industries. Especially, the index of the power of dispersion of the publishing, broadcasting, advertising and film industry are relatively high, meaning that the economic ripple effect is relatively large.
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