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http://dx.doi.org/10.5392/JKCA.2021.21.12.310

Analysis on the Dynamic Characteristics of Migration and Regional Economic Growth between Regions  

Kim, Hyun-Woo (산업연구원 국가균형발전연구센터)
Lee, Du-Heon (한국건설기술연구원 건설정책연구소)
Publication Information
The Journal of the Korea Contents Association / v.21, no.12, 2021 , pp. 310-321 More about this Journal
Abstract
The influence of regional economic growth on migration may also differ by age and generation age due to individual lifestyle. Therefore, this study analyzes an effects of changes in regional economic growth on migration between regions by age group. The result shows that the increase in the growth rate of the regional economy and job creation increased the net migration rate, regardless of age group. Second, it is found that the growth rate of the regional economy and job creation have a greater effect on the net migration rate for the youth population than for the middle-aged group. Third, it is found that the gap between regions in the level of individual income in the 25 to 29 years old and the level of land price fluctuations in the 40 to 64 years old affect the net migration rate. This implies that regional economic growth is still an important factor in the migration between regions, and has a great influence on the youth population.
Keywords
Migration; Regional Economic Growth; Panel Analysis; Youth Population;
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