@article{MAKHILLJEAS202015919266,
    title = {Government Involvement in Sport Industry and the Economic Impact in South Korea:
Application of Input-Output Analysis to Sport Industry Support Project},
    journal = {Journal of Engineering and Applied Sciences},
    volume = {15},
    number = {9},
    pages = {2070-2074},
    year = {2020},
    issn = {1816-949x},
    doi = {jeasci.2020.2070.2074},
    url = {https://makhillpublications.co/view-article.php?issn=1816-949x&doi=jeasci.2020.2070.2074},
    author = {Han},
    keywords = {government involvement,government intervention,sport industry support policy,sport industry market,Sport industry,economic impact,input-output relation analysis},
    abstract = {The purpose of this research was to examine
the scope of the government&#146;s intervention into the sport
industry and the economic impact caused by it. For this
purpose, this research analyzed the budget of South
Korean Government and confirmed the scale of the
government&#146;s involvement in the sport industry through
the sport industry support project by input-output relation
analysis. First, the budget of the governmental sport
industry budget is 95,173 thousand USD which is 8.03%
of national sport finance and 0.022% of the government&#146;s
budget. Second, 91,370 thousand USD was financed
through the intervention of the sport industry market. The
production inducement146,985 thousand USD, valueadded
inducement 79,107 thousand USD and employment
inducement855 people has created economic impacts. The
effect of the government depends on the characteristics of
the industry and the method of spending.}
    }