• Title/Summary/Keyword: DEVELOPMENT OF REGIONAL ECONOMY

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Economic Contributions to Regional Economy of Home-based family Businesses (재택가족기업의 지역경제 기여도)

  • Kim Hyun-Jung;Joung Soon-Hee;Yuh Yoon-Kyung
    • Journal of Families and Better Life
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    • v.23 no.1 s.73
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    • pp.53-63
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    • 2005
  • Purpose of this study was to examine economic contributions to regional economic of home-based family businesses. Results showed that home-based family businesses create additional employments within the region, contribute to taxation of the regional economy, and improve regional financing. In addition, home-based family businesses do contribute to regional economy through consuming goods and services within the region and providing goods and services to the region. Through analyzing economic contributions to regional economy of home-based family businesses, it can be suggested that strong support for the home-based family businesses is needed for growth of the regional economy.

Development Issues of the Special Economic. Zone for Regional Development related to Environmentally Friendly Agriculture and Green Tourism (친환경농업 및 농촌관광 관련 지역특화발전특구의 발전전략)

  • Kim, Ho;Heo, Seung-Wook
    • Korean Journal of Organic Agriculture
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    • v.14 no.4
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    • pp.361-383
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    • 2006
  • The works of the special economic zone for regional development(SEZone) have been promoted for developing the regional economy corresponding with its own peculiarities by not national, but local level of government. Namely, those set the goal at specialized development of regions through an appeasement policy against regulations. So local governments. must originate the local works, get financial sources by itself, and then revitalize the regional economy. The policies of many local governments aim at increasing farmers' income by developing rural society to cope with open economy system. By the way they have tried to revitalize agriculture and rural society by promoting actively the works of SEZone through an appeasement policy against regulations. And it is important to search for specialized factors based on regional resources, and to make connected with them together so as to obtain good results in the works of SEZone. This study examined regulations related to environmentally friendly agriculture and green tourism. And it researched about the effect of SEZone works on regional economy and develops indices of result estimation. So schemes for strategies for increasing demand and development issues were presented.

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The Impact of a New Container Terminal on its Local Economy (신규 컨테이너 선석 개발이 지역 경제에 미치는 영향)

  • Cho, Chan-Hyouk;Yoo, Ki-Joon
    • International Commerce and Information Review
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    • v.6 no.3
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    • pp.225-242
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    • 2004
  • As is widely accepted, port development has a significant impact on the regional economy. In view of the far-reaching effects and diversity, understanding its concrete substance is easier said than done. The need for a systematic approach to this subject is very urgent. This study aims at grasping a various fields that port development encompasses, as practical as possible. Therefore, this article describes the basic economic impact and characteristics of port development and explores the implications for regional economy.

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Regional Development Policy in Korea-Past, Present and Future (한국의 지역발전정책-과거, 현재, 미래)

  • Jang, Jae-Hong
    • Journal of the Economic Geographical Society of Korea
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    • v.12 no.4
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    • pp.576-596
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    • 2009
  • Recently the World Bank released its World Development Report 2009 (hereafter WDR 2009) with the title 'Reshaping Economic Geography.' In the report, the Korean experience in regional development policy was highly praised. Also, the current government has been trying to reshape the regional development policy in view of 5+2 Economic Regions. The main theme of this paper is how to establish the highly valueadding economic system and how to deal with scale economies for regional development. In this paper these tasks in Korea's regional policy were discussed with reference to the WDR 2009. Enhancing the density of the central city of each Economic Region, reducing the economic distance between cities and rural areas, and getting rid of the barriers to cooperation between provinces are the keys for the efficiency and the effectiveness of the regional policy. In addition, strengthening the national solidarity through collaborative development of 5+2 Economic Regions still remains as one of the major tasks of the Korean government.

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A Development Framework of Processed Fishery Products Using Regional Specialization (지역특성화를 이용한 수산가공품의 개발 프레임워크)

  • Kim, Jin-Baek
    • The Journal of Fisheries Business Administration
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    • v.52 no.3
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    • pp.1-14
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    • 2021
  • The proportions of both the fishery industry and the gross regional domestic product in the national economy are gradually decreasing. If high value-added processed fishery products suitable for regional characteristics are developed, these proportions can be improved. In pursuit of this, it is first necessary to discover processed fishery products specialized in each region and then establish a development framework for them. In this study, location coefficient was used to find processed fishery products specialized in each region. Then, dynamic shift-share analysis was used to establish a development framework which consisted of four development types of processed fishery products. Based on the magnitudes of the industrial mix effect and the regional shift effect, the supporting strategy directions were proposed for four development types of processed fishery products. The supporting strategy directions were all focused on revitalizing the local economy.

Sustainable Competitive Advantages for Regional Development: An Exploratory Study of the China (Anhui) Pilot Free Trade Zone

  • LEE, Jung Wan
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.7
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    • pp.17-26
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    • 2022
  • This paper analyzes the comparative advantages and development prospects of the China (Anhui) Pilot Free Trade Zone. Based on a SWOT analysis method, this study finds that the Anhui Pilot Free Trade Zone has a set of comparative advantages, including location advantage, rich resources, industrial transformation and new industries, technological innovation capabilities, new patterns for development, and policy support. In recent years, by leveraging its key resources, Anhui Province has been committed to developing an open economy. Furthermore, its economic vitality has increased significantly under preferential policies such as the Belt and Road Initiative, the China-Europe International Freight Shuttle, and the Yangtze River Economic Belt Development Plan. As a result, the total foreign trade has continued to grow. The findings of this study highlight that the comparative advantages are of great significance to the development of the Anhui Pilot Free Trade Zone, which helped expand the scope and openness of the regional economy and foreign investment. However, to achieve the development objectives of the Anhui Pilot Free Trade Zone as planned, these comparative advantages must be developed and converted into a set of sustainable competitive advantages for the regional economy. Therefore, a few development suggestions are put forward.

A Study on Economy of Agricultural Investment Business to the Ukraine (우크라이나 농업투자사업의 경제성에 관한 연구)

  • Yoon, Jun Sang;Lee, Eun-Kyu;Park, Young Soon;Kim, Sung Rok
    • Journal of Agricultural Extension & Community Development
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    • v.21 no.1
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    • pp.117-142
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    • 2014
  • This study aims to analyzing economy of agricultural investment to the Ukraine based on survey and analysis of environment of agricultural investment to the Ukraine. The Ukraine had been used as a grain belt for Russia for some 60 years among CIS nations so that agricultural environment is excellent and capital investment on agricultural field is on the rise every year. Accordingly, agricultural investment to the Ukraine should be approached not only in economy but also in the dimension of diversification of foreign agricultural investment area and food security. And it is necessary to seek measures for both government and private body to make inroads into the country together.

Spatial Characteristics and Driving Factors Toward the Digital Economy: Evidence from Prefecture-Level Cities in China

  • WANG, Haita;HU, Xuhua;ALI, Najabat
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.2
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    • pp.419-426
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    • 2022
  • The digital economy is becoming an increasingly important source of regional competitiveness enhancement. The purpose of this research is to examine the spatial distribution characteristics of China's digital economy from 2016 to 2019. Moran's I analysis was performed to see if China's digital economy has spatial self-correlation. The Getis-Ord General G test was used to determine the clustering type of China's digital economy. In addition, we used OLS and GWR methodologies to figure out what drives China's digital economy level. The findings show that the digital economy is rapidly expanding throughout China; yet, there is a significant regional imbalance in the digital economy level in China, and the agglomeration of the digital economy is increasing over time. Furthermore, the findings reveal that human capital, information staff, telegram income, and Internet access are vital factors in the development of the digital economy. To close the digital economy gap, policymakers must invest in human capital and technology innovation. Simultaneously, the government must speed up the development and implementation of electronic information services.

What Makes Korea's New Regional Policy Workable? (신지역정책의 작동요인에 관한 연구)

  • Cho, Myung-Rae
    • Journal of the Economic Geographical Society of Korea
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    • v.14 no.4
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    • pp.486-505
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    • 2011
  • The Korean miracle of economic growth or development has been quite well known across the world up to now, while being subject to theorization of its model. Compared with this, however, it is quite surprising to see how little about the spatial aspect of Korean development has been exposed in the field of development studies. In fact, for Korea, competent regional policy has turned out to be an important success factor for the spatial upgrading of a low-tech growth regime into a hi-tech one. This paper dissects Korea's regional policy experiences in three aspects from which it draws up a three-tier lesson. The first aspect is the conventional (overall) regional spatial upgrading policy of a developmental regime put in place since the 1960s onwards. The second is the new regional policy tailored to the regionalization of technological and industrial diffusion for new knowledge-based economy. The third is the prospective regional policy for the future advancement of the Korean economy.

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