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http://dx.doi.org/10.7851/ksrp.2014.20.4.183

Analysis of Changes in the Industrial Structure by the Ageing Rate in Korea  

Kwon, Younghyun J. (Dept. of Agricultural Economics and Rural Development, Seoul National Univ.)
Kim, Euijune (Dept. of Agricultural Economics and Rural Development, Seoul National Univ.)
Publication Information
Journal of Korean Society of Rural Planning / v.20, no.4, 2014 , pp. 183-192 More about this Journal
Abstract
The purpose of this study is to examine the effect of regional ageing rate to industrial structures of rural areas in Korea. This paper shows that there are cause-effect relations between the industrial specialization and ageing rate in 'Agriculture', 'Finance & Insurance', and 'Real Estate & Leasing' sectors. The ageing levels are classified into ageing society, aged society, and super-aged society according to UN standard that cause different impacts on industrial specialization of regions. This paper finds that the industrial specialization is determined by the ageing levels. If there is an increase in ageing rate by 1% in ageing society, the industrial specialization of the three industries could be strengthened by 0.14%. But, ageing rates have negative impacts on the industrial specialization in aged society and super-aged society by 0.76% and by 1.20%, respectively, as increasing ageing rate by 1%. As the ageing rate progresses, 'Agriculture', 'Finance & Insurance' and 'Real Estate & Leasing'sectors have positive impacts on the industrial specialization in the ageing society. But 'Finance & Insurance' and 'Real Estate & Leasing' sectors have changed into negative impacts on the industrial specialization in the aged society. In the aged society, the employment of elderly persons of 'Agriculture' and 'Finance & Insurance' sectors increase by 1% makes positive impact on the industrial specialization by 1.54%, by 0.45%, respectively. The result of this paper can be applied to a significant guideline at establishing regional employment planning such as elderly customized employment, vocational training for rural areas, where above 14% of ageing rate.
Keywords
Ageing Rate; Industrial Structure; Industrial Specialization; Rural Area;
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Times Cited By KSCI : 4  (Citation Analysis)
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