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http://dx.doi.org/10.7465/jkdi.2016.27.5.1147

A spatial panel regression model for household final consumption expenditure based on KTX effects  

Na, Young (Department of Statistics, Kyungpook National University)
Kim, Yongku (Department of Statistics, Kyungpook National University)
Publication Information
Journal of the Korean Data and Information Science Society / v.27, no.5, 2016 , pp. 1147-1154 More about this Journal
Abstract
Impact of Korea train express (KTX) on the regional economy in Korea has been studied by many researchers. Current research is limited in the lack of quantitative research using a statistical model to study the effect of KTX on regional economy. This paper analyses the influence of KTX to the household final consumption expenditure, which is one of important regional economic index, using spatial panel regression model. The spatial structure is introduced through spatial autocorrelation matrix using adjacency of KTX connection. The result shows a significant effect of Korea train express on the regional economy.
Keywords
Economic model; household final consumption expenditure; Korea train express (KTX); regional economy; spatial panel model;
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Times Cited By KSCI : 3  (Citation Analysis)
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