• The Journal of Asian Finance, Economics and Business
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• 제8권9호
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• pp.11-22
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• 2021

This study investigates the long-run relationship between the de jure economic, political, and social globalization and foreign direct investments in the Gulf Cooperation Council (GCC) to establish whether policies that foster trade and investment relations among geographical entities can help revive the GCC countries from the prevailing economic debacles of the COVID-19 pandemic. This study is driven by the GCC's quest to fully overcome the economic challenges occasioned by the outbreak of the global pandemic and position itself as the most potent regional economic bloc in the Middle East and North Africa (MENA) region. The study employs the panel data of the six GCC countries of Bahrain, United Arab Emirates, Kuwait, Qatar, Oman, and Saudi Arabia from 1971 to 2017. The findings of the panel fully modified ordinary least square regression estimation show that the de jure economic and social globalization have a significant positive impact on the region's foreign direct investment inflows. The impact of the de jure political globalization on foreign direct investment is statistically significant but negatively signed. Based on the preceding findings, we offer some holistic policy recommendations to the GCC region as recipes for timely recovery from the economic impact of COVID-19 and beyond.

• 지역연구
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• 제35권3호
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• pp.7-23
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• 2019

스마트도시는 공간적 범위를 도시권 및 지역 단위로 확장해 가고 있다. 최근 추진되고 있는 국경을 초월한 지역경제권 발전전략과 스마트도시 계획을 연계하면 국가 간 협력과 경제적 발전방안을 꾀할 수 있다. 본 연구의 목적은 한국-북한-중국을 잇는 환황해권 스마트리전을 통해 한국-북한-중국 3국의 협력 및 지역적 발전방안을 제시하는 것이다. 이를 위하여 지금까지 한국과 중국의 스마트도시 전략과 함께 스마트리전의 공간적 기반이 될 수 있는 3국의 대규모 경제특구 개발계획과 추진현황을 분석하였다. 황해에 접하고 있는 한국의 서해안에는 새만금, 황해경제자유구역, 인천경제자유구역 등에서 스마트도시 관련 계획 및 사업이 활발히 진행되고 있다. 북한은 아직 정치적인 상황이 불확실하지만 해주와 남포, 신의주를 연결하는 서해안 지역에 경제적, 기술적 잠재력이 확보되고 있는 것으로 분석되었다. 중국의 요녕성과 산동성의 경우, 산업이 발달한 대도시들을 중심으로 스마트도시 사업과 이들을 연계한 경제벨트화 전략이 활발히 추진되고 있다. 한국과 중국의 경제적 협력의 복원 및 교통망의 연계, 단동과 신의주를 중심으로 한 중국과 북한의 초국경 협력사업의 활성화 그리고 중국과 한국의 경제협력 과정에 스마트도시 인프라와 서비스가 적절히 제공된다면 황해를 중심으로 국경을 초월한 지역적 발전을 선도할 수 있을 것으로 판단된다. 다만, 이를 위하여 장기적인 계획과 초국가적 협의 및 추진기구의 설립을 통한 거버넌스 체계 구축 및 운영이 필요한 것으로 판단된다.

• 한국수자원학회:학술대회논문집
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• 한국수자원학회 2020년도 학술발표회
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• pp.116-116
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• 2020

Gilgit-Baltistan (GB) is a highly mountainous and remote region covering 45% of Upper Indus Basin (UIB) with around 1.8 million population is vulnerable to climate change and socio-economic growth makes water resources management and planning more complex. To understand the water scarcity in the region this study is carried out to project water supply and demand for agricultural and domestic sector under various climate-socio-economic scenarios in five sub catchments of GB i.e., Astore, Gilgit, Hunza, Shigar and Shyok for a period of 2015 to 2050 using Water Evaluation and Planning (WEAP) model. For climate change scenario ensembled mean of three global climate models (GCMs) was used under three different Representative Concentration Pathway (RCP) scenarios (RCP2.6, RCP6.0 and RCP8.5). The Shared Socioeconomic Pathways (SSPs) and agricultural Land Development (LD) scenarios were combined with climate scenarios to develop climate-socio-economic scenario. Our results indicate that the climate change and socio-economic growth would create a gap between supply and demand of water in the region, with socio-economic growth (e.g. agricultural and population) as dominant external factor that would reduce food production and increase poverty level in the region. Among five catchments only Astore and Gilgit will face shortfall of water while Shyoke would face shortfall of water only under agricultural growth scenarios. We also observed that the shortfall of water in response to climate-socio-economic scenarios is totally different over two water deficient catchments due to its demography and geography. Finally, to help policy makers in developing regional water resources and management policies we classified five sub catchments of UIB according to its water deficiency level.

• 지역연구
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• 제15권1호
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• pp.63-73
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• 1999

It is generally believed that there is a trade-off between economic growth and environmental quality since pollutants are generated in the process of production and consumption of commodities. Several researchers have shown this prevailing belief using the short-term input-output models. The literature, however, shows that there have been few attempts to investigate the relationship using long-term forecasting models. This motivates the current paper. This paper attempts to build a reginal growth model in a partial equilibrium framework taking into consideration the requirements of capital invested for pollutant abatement. Model is largely neoclassical. Labor is assumed to move a region with high utility specified in regional per capita average was income and pollution level while capital is partially mobile to a region with high returns. The regional growth is explored in a phase diagram. The paper shows that there are two stable growth equilibria which a region can converge over time and that the equilibria are distinguished by the initial threshold capital stock that a region holds. If the initial capital stock of a region is over(under) than the threshold size, the region converges to the higher (lower) growth equilibrium over time. Moreover, based on this result an environmental quality enhancing policy is analyzed in the phase diagram. It has revealed that the policy calls for the relocation of growth equilibrium points, specifically speaking, it stimulates an increase in labor stock and a decrease in capital stock. Hence the paper has suggested that the prevailing belief which the environmental policy negatively impacts on a regional economic growth is not always true.

• East Asian Economic Review
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• 제22권1호
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• pp.55-73
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• 2018

The substantial slowdown of economic growth since the global financial crisis of 2008-2009 is rekindling debate on whether developing Asia should use fiscal expansion to boost aggregate demand. A key factor in the debate is the effectiveness of countercyclical fiscal policy in the region. The global crisis, as well as the fiscal stimulus packages implemented by developing Asian countries at that time, give some clues to this important issue. The region weathered the global crisis well and experienced a robust V-shaped recovery. According to conventional wisdom, the fiscal stimulus packages put in place by Asian governments played a key role in the region's recovery. The central objective of this paper is to empirically test this wisdom by using cross-country panel data. Our main finding is that the stimulus has had a limited but positive impact on developing Asia's output during the global crisis. This lends some support to the notion that countercyclical fiscal policy can help the region cope with severe external shocks. The broader, more fundamental implication for regional policymakers is that the region's long-standing commitment to fiscal discipline can yield significant benefits beyond macroeconomic stability. An important consequence of this commitment - relatively healthy fiscal balance sheets - enabled the region's governments to quickly and decisively embark upon fiscal stimulus programs.

• The Journal of Asian Finance, Economics and Business
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• 제7권8호
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• pp.175-183
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• 2020

This study explores the effect of trade of Information Communications Technology (ICT) products and government's role, measured by three factors: Control of corruption, Government effectiveness, and Administrative tax level, on raising the economy across the East Asia-Pacific region. Secondary data were collected from the World Bank database of 21 countries over 12 years from 2006 to 2017. Applying the Panel corrected standard error model and running a robustness check based on the Dynamic panel data method, this research found that the exported ICT products, control of corruption, and government effectiveness could increase the economic income of a country in the region. The paper also provided the evidence indicating that the imported ICT products and the Administrative tax level are two harmful factors for economic growth. The major finding confirmed the useful contribution on improving government quality and its economy. First, improving the economy of a country always poses various challenges to its government. During the past decades, although much of the literature confirmed that exporting ICT products could promote an economy, very few studies investigated the role of Administrative tax level and the Government effectiveness. Second, there are only a few studies exploring the capability of government and the economic growth in the Asia-Pacific region.

• 한국자원식물학회:학술대회논문집
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• 한국자원식물학회 2003년도 심포지엄
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• pp.19-19
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• 2003

The region activation have attracted much attention of politician, government, scholar, local residents and so on, but it is very difficult and delicate. The policy of Inje-Gun government are jump into the lucrative tourism, the strong agriculture, the comfortable welfare and the attentive administration. But the present status is very poor. Economic self-supporting index is only 19%. The policy will achieve by increase of economic self-supporting. I am going to propose some item for region activation in Inje-Gun. The items are medicinal garden construction, green tourism, local festival, residents increase and so on.

• 지역연구
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• 제36권3호
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• pp.29-40
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• 2020

이 연구의 목적은 지역경제 성장과 지역 내 격차 간 관계를 파악하는 것이다. 우리나라 16개 광역지자체, 수도권, 동남권을 공간적 범위로 하였으며 2005년부터 2016년까지를 시간적 범위로 하였다. 지역경제 성장과 지역 내 격차는 지역내총생산 자료를 이용하였다. 각 공간단위별 패널자료를 구축한 다음 자료의 안정성을 확인하기 위해 패널단위근 검정과 패널공적분 검정을 시행하였으며, 지역경제 성장과 지역 내 격차 간 관계는 DOLS 방법을 이용하였으며, 인과성 검증을 위해서 VECM모형과 그랜져인과관계 검정을 시행하였다. 16개 광역지자체 단위를 대상으로 분석한 결과 지역경제 성장이 진행됨에 따라 지역 내부 격차는 증가하는 것으로 나타났다. 지역 내 총생산이 1% 증가할 때 지역 내부 격차는 1.258% 증가하였으며, 단기 및 장기적 인과관계가 있는 것으로 나타났다. 수도권과 동남권은 모두 지역경제 성장과 지역 내부 격차 증감이 상호 간 인관관계성이 있었으나, 수도권은 격차가 증가하는 양상을 보였으며 동남권은 감소하는 양상으로 나타났다. 본 연구의 결과는 지역 내 격차가 전국적으로 증가하고 있으나 수도권과 비수도권을 대표하는 광역경제권인 동남권의 양상은 서로 다름을 보여주었으며 서로 상이한 성장단계에 있음을 확인하였다는데 의의가 있다.

• 수산경영론집
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• 제45권1호
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• pp.95-107
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• 2014

This study is aimed to analyze the economic performance of black rockfish aquaculture by standardizing cost structures by region and farming size. The result of survey on farming and sale condition in each region, stocking density, survival rate, juvenile price, and unit production was the highest at Yeosu and Tongyeong, Heuksando showed the lowest. While rearing period was the longest at Tongyeong, the shortest region was Yeosu and Wando. In farming cost structure by region, amount of feeing was the highest at Tongyeong and Yeosu, and the lowest was Heuksando. Cost of medicine was high in Wando and Taean region, Yeosu and Hecksando was low. In case of farm size, feed cost ratio was high in the order of medium(0.75ha), small(0.25ha) and large(1.25ha) size. Standard production cost at every farm size of Heuksando showed the lowest among these regions. Taean and Yeosu was middle, and Tongyeong and Wando was the highest. According to the income, profit rate and investment return of farm size in all regions, as the bigger farm size, the higher income and profit rate was revealed. However, in case of Wando, Taean, and Heuksando which regions has high investment return, medium farm size was higher than large size. The result of economic analysis according to various factors, economic feasibility of black rockfish aquaculture in marine floating cage was showed significant changes by rearing and market condition.

• 한국지역지리학회지
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• 제17권5호
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• pp.638-647
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• 2011

2008년에 출범한 이명박 정부는 지난 정부와 다른 지역발전정책을 추구하고 있으며, 특히 국토의 성장 잠재력 극대화를 강조하고 3차원적 지역발전전략을 제시하고 있다. 이 연구는 신지역발전정책의 대표적 전략인 광역경제권 정책의 주요 내용과 추진 현황 및 성과를 검토하고, 또한 향후 발전과제를 조명해 보고자 한다. 광역경제권 정책이 3여년 밖에 지나지 않아 그 정책성과를 종합적으로 평가하는 데에는 한계가 있으나, 행정구역을 넘어서서 인접한 지자체들이 협력 연계한다면 지역 경쟁력을 높일 수 있다는 인식을 심어주고 있다. 이와 함께 당초 계획대로 광역경제권별 각종 투자사업은 비교적 원활하게 진행되고 있다. 광역경제권 정책이 향후 보다 큰 성공을 거두기 위해서는 각종 개발프로젝트의 내실 있는 발굴과 추진기구의 유기적 구축 그리고 산업계획의 효율적 추진 등이 필요하다.