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http://dx.doi.org/10.5762/KAIS.2020.21.1.401

A Study on Regional Competitiveness of the Part Material Industry  

Kim, Dae-Jung (Department of Industry University Cooperation, Sunmoon University)
Ko, Kyoung-Ho (Department of Environmental and Resource Economics, Dankook University)
Publication Information
Journal of the Korea Academia-Industrial cooperation Society / v.21, no.1, 2020 , pp. 401-408 More about this Journal
Abstract
The purpose of this study to analyze the regional competitiveness of the part material industry in Korea. According to the analysis, there was an empirical regional difference in the part material industry in Korea: in the Seoul Metropolitan Area, the industrial scale was found to be relatively small, although many companies were observed to be in the growing stage; in the Chungcheong region, it was estimated that the industrial scale is large, and many companies were found to have already reached the maturation stage with high growth rates; and in Honam and Jeju, Daekyung and Gangwon, and Dongnam, although the scale of the part material industry was found to be large, many companies were observed to be in the declining stage with low growth rates. This study also conducted an analysis based on LQ (Location Quotient) and RLQ (Relative efficiency of Labor Quotient). The analysis showed that industrial policies regarding workforce planning and industrial restructuring should focus on improving the productivity of the entire part material industry. Lastly, this study examined the competitive part material industry for the five regions by analyzing the RCC (Regional Competition Component). The findings of this study will be helpful in exploring ways to support the domestic part material industries in each region.
Keywords
The Part Material Industry; Regional Competitiveness;
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