• 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.

• International Journal of Computer Science & Network Security
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• v.21 no.6
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• pp.61-70
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• 2021

Within the article, forms of innovation structures are systematized, and those that exist in Ukraine are identified, their features, purpose and functions are clarified, activities and current state of their functioning are analyzed. It is proved that in the conditions of digital economy, domestic innovation structures are underdeveloped and do not fulfill their leading role at the present stage of innovative development of the country. To understand the importance of effective operation of innovation infrastructure, the main world models of innovation development are considered, and the directions of using the experience of their functioning for Ukraine are determined. The main indicators of innovation activity of Ukraine in the context of regions are analyzed. There is a significant differentiation of innovation indicators in the regional context. The cartographic analysis of innovative activity of regions is presented. The mechanism of definition and implementation of priority directions of innovative activity in the context of the digital economy development is offered.

• International Journal of Computer Science & Network Security
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• v.22 no.1
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• pp.340-346
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• 2022

The article examines the formation of the scientific paradigm of transformation of the potential-forming space of the regional economy under the influence of intellectual and innovative determinants. Based on the study of different scientific views on the nature and properties of potential-forming space through the study of approaches to understanding the concept of "space" clarified the complexity and multifaceted nature of the phenomenon and found that its characteristics are relevant to the industrial development model. It is revealed that the leading modern trends related to the spread of globalization and regionalization, rapid development of information and communication technologies, diffusion of innovations accompany the transition from industrial to post-industrial development and its development, which leads to new development: changes production, nature and relations between business entities, etc. It is proved that under such conditions, the region as a key element of the economic system, acquires a leading role in achieving sustainable and balanced development. These processes significantly affect the potential-forming space of the regional economy under the influence of intellectual and innovative determinants, leading to the need for its transformation and change in accordance with modern realities, which is reflected in thorough research on the formation of scientific paradigm based on the formation of its theoretical foundations and methodological basis. This study reveals the essence, role, functions, structure, process of formation of the scientific paradigm of transformation of the potential-forming space of the regional economy under the influence of intellectual and innovative determinants. It is proved that the formation of the modern scientific paradigm of transformation of the potential-forming space of the regional economy under the influence of intellectual and innovative determinants occurs in the context of building a post-industrial model of development, accompanied by consideration of the region as a spatial object territories from the physical plane to the spatial environment in which the development of human capital, innovation and self-development of the region. Taking into account the above, the article outlines the prerequisites and factors of formation of the scientific paradigm of transformation of the potential-forming space of the regional economy under the influence of intellectual and innovative determinants.

• Journal of the Economic Geographical Society of Korea
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• v.10 no.4
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• pp.414-426
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• 2007

The purpose of this study is to analyze whether the spatial externalities of agglomeration economy of manufacturing has been changed or not, from 1991 to 2005. To find this spatial SUR model was used to consider covariance of each equation and it was estimated by 3SLS. This paper found that spatial externalities has been decreased and there is economy of scale in same sector. As a result, we can conclude that there is industrial specialization in region whereas interregional linkage are weaken. This finding supports the desirability of creating supra-regional agencies promoting interregional linkage because supra-regional agencies can internalize spatial externality of agglomeration economy.

• Environmental and Resource Economics Review
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• v.25 no.1
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• pp.27-60
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• 2016

An integrated assessment model of climate and the economy (IAM) has been a standard tool for the economic analysis of climate change and policy recommendations. Since policy measures to address climate change take places at a national level, a regional integrated assessment model of climate and the economy (RIAM) is gaining more importance. A RIAM is a useful tool for the assessment of regional (or national) impacts of climate change. This paper investigates the main features of the currently available RIAMs. The focus is social welfare functions and the regional aspects of climate change. The comparative analysis shows that there is a huge gap between the economics of climate change and its applications to RIAMs. As an application, this paper examines the effect of social welfare functions on optimal solutions of the RICE (Regional Integrated model of Climate and the Economy) model. It is found that optimal climate policy such as carbon tax or emissions control rate is very sensitive to the assumptions on social welfare functions of RIAMs. It is better for each country to have their own RIAM as a basic tool for national climate policy-making and for international bargaining in greenhouse-gas mitigation. This is because a country's own preferences such as efficiency, equity, and sustainable development as well as national circumstances can be reflected in RIAM. The Republic of Korea has not developed its own RIAM yet. The comparative analysis and the numerical model in this paper can be a stepping stone for the development of such a national model.

• Journal of the Economic Geographical Society of Korea
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• v.25 no.3
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• pp.357-379
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• 2022

This study diagnoses the industrial varieties and innovation capacity of the Korean regional economy and discusses how the priority for autonomous regional development can be set. Since the late 1990s, regional development policies in Korea have been attempted from various angles to reduce the economic gap between the metropolitan area and non-metropolitan areas, but the establishment of a development strategy in consideration of regional industrial characteristics and innovation capabilities has been insufficient. With the advancement and diversification of technologies and industries, regions must seek strategic diversification to prepare for economic shocks, away from strategies that specialize in specific industries. In this study, industrial varieties in regional basis is characterized using unrelated and related varieties. Variety indices show different patterns between the metropolitan area and non-metropolitan areas and between manufacturing and service sectors, which raises the need to consider industrial characteristics in regional development. Lastly, using the variety index and the innovation capacity index as two dimensions, the regional economic status at the municipal level is categorized into four types, and proper regional development policy priorities are suggested for each type.

• International Journal of Internet, Broadcasting and Communication
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• v.15 no.2
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• pp.73-80
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• 2023

As a result of this study, the income generation effect of local universities on the local economy through the Daranee (1976) model was found to be 110.9 billion won (direct and indirect income 78 billion won, induced income 32.9 billion won). In the case of Korea, it has been verified through a number of previous studies that local universities play a role in preventing the outflow of local talent to the metropolitan area. Considering this, it seems that the government should make bold investments to foster local universities in terms of balanced national development. This is because the movement of local talents to the metropolitan area not only undermines the growth potential of the provinces and undermines the basis for regional existence, but also creates a vicious cycle that hinders balanced national development. To break this vicious cycle, the development of local universities is very important. It is judged that the horizon of balanced national development will be opened when local universities revitalize the local economy through the government's bold investment in local universities and are reborn as entities that provide various services based on the facilities and equipment of local universities.

• Journal of Korea Port Economic Association
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• v.21 no.3
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• pp.149-170
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• 2005

With the globalization of economy, there is keen competition among countries to be a logistics hub and companies are striving to be first in establishing logistics system centering on advantageous sites, especially airport and seaports, to perform supply, production and distribution. Gwangyang port has been designated as Free Economy Zone. This paper analyzes many problems and presents various measures to activate Gwangyang port as follows regional economy to promote Gwangyang Free Economy Zone, governmental support, introduction & logistics functions, early development of the hinterland, investment attraction into the area and diversified promotion & marketing activities.

• Korean Journal of Agricultural Science
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• v.21 no.2
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• pp.168-181
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• 1994

This paper reviews the development of Uruguay Round of GATT talks and forecasts its effect on regional agriculture particularly concerning Chungnarn provincial agriculture. Since agriculture is composed of main industry for Chungnam economy, as imports of cheap agricultural products increase, domestic price of farm products will rapidly decrease so that it might discourage domestic production and have severe adverse consequences in regional farm economy. To cope with agricultural trade liberalization, directions which regional agriculture should pursue are suggested as follows; 1) to establish the integrated rural development strategy so as to improve living conditions in rural area equivalent to urban area, 2) to adjust the agricultural institute system facing diversification of farming type, 3) to encourage commercialized farmers in order to maintain adequate farm income, 4) to increase R&D investment on comparatively advanced technology compared with other regions, 5) to foster farmers' organization and to rear young farmers to protect family farms.

• Journal of the Economic Geographical Society of Korea
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• v.17 no.3
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• pp.554-566
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• 2014

This paper analyses the relationship between regional economic power defined as GRDP per capita and various socioeconomic variables such as fiscal variables(revenue, expenditure, etc.) as well as nonfiscal variables(population, ratio of old population, unemployment rate, dependency ration) using the pooling data of 16 local governments from 1998 to 2012. To put it concretely, following the Granger causality test, regression analysis has been done with the regional economic power being the dependent and variables which have either one or two direction causality being independent variables. And test of cumulative effects has been done with variables showing statistical significance in the regression analysis. Local tax revenues per capita, expenditures of social development per capita and median age have positive effects, while dependency ratio has negative effect on regional economy. And national subsidy per capita, local tax revenues per capita, expenditures of social development per capita and median age all have cumulative effects on regional economy.