• Title/Summary/Keyword: Local Economic Structure

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Impact of Railroads on Local Economies: Evidence from U.S. History

  • Kim, Jiyoung;Go, Sun
    • Journal of Distribution Science
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    • v.15 no.4
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    • pp.25-32
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    • 2017
  • Purpose - The introduction and expansion of the railway network since the 19th century brought revolutionary changes in economic activities, performance, and structure. The purpose of this study is estimating the impact of railroads on the local agricultural and manufacturing structures in the 19th century USA. Research design, data, and methodology - To identify the impact of railroads on local economic structure, county-level panel data from the U.S. census were analyzed using a panel fixed-effect differences-in-differences regression. The empirical investigation focuses on whether railroads changed the overall volume and sectoral composition of the local agricultural sector, and whether they contributed to the growth of the local manufacturing industry and its productivity. Results - The railroad introduction led to the relative decline of the agricultural sector, while encouraging the growth of market-oriented gardening. As such, manufacturing productivity increased by the introduction of railroads, although manufacturing inputs and home manufactures were unaffected. Conclusions - The findings imply that railroads contributed to the growth of market-oriented farming in rural areas, and the rise of productivity in the local manufacturing sector. Meanwhile, evidence of railroad-driven growth for the entire agricultural sector or a massive reallocation of resources from agriculture to manufacturing were not found.

Population and Employment Structure of Women by Region (지역별 여성의 인구구조와 취업특성)

  • Kim, Tae-Hong
    • Korea journal of population studies
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    • v.21 no.2
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    • pp.37-57
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    • 1998
  • In recent, Korea introduced the local self-government system. And the local government tried to establish and implement plans for women. Those plans were established on the basis of not the particular environments of regional societies but similar policies of central government. Despite of geographical migrations, we can find differences of population structure and economic status among regions. As the result, most of regional policies for women were ineffective. This paper examines population structure and economic status of women by regions and recommends the long and medium direction for local policies for women. For analysis, it utilizes the 2% sample data-set of National Statistical Office's '1995 Population and Housing Census' in Korea. The findings of this paper are summarized as following; Firstly, the dependency rate of Chungchong-do, Cholla-do, Kyongsangnam-do will reach about 45% in 2000. Therefore, as soon as possible, those local government should establish the labor policies to enhance the economically active participation rate of the elderly persons and welfare policy for them. Secondly, the level of women's economic participation. Thus, local governments should set up labor market policies for women according to regional situations. For examples, in Kyonggi-do, Seoul, Daejeon, Daeku which unemployment rate of the highly educated women are relatively high, those local governments should seek the measures to tackle unemployment problem of them. Thirdly, due to the differences regional economic structure, women's employment structures differed also by region. Hence, local governments should formulate suitable plans to consider the working status of regional women's workers.

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Some Advises for Building Development Plan of the The Bangsamoro in Mindanao (필리핀 방사모로 이슬람 자치지역의 개발정책수립을 위한 제언)

  • Lee, Choong Lyol;Bang, Insung
    • The Southeast Asian review
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    • v.24 no.1
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    • pp.133-190
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    • 2014
  • We have examined its current economic conditions and status of the Bangsamoro in Mindanao and derived some important policy recommendation to build the future development plan. For this purpose, we first estimate the economic size and GRDP per capita and investigate next several economic and social indicators such as poverty rate and industrial structure. We find that the Bangsamoro is the least developed region in Philippines whose average income is the lowest and whose poverty rate is the highest in the Philippines. In addition, its industrial structure is very falling behind. Applying simple theory of economic growth, we find that several economic reasons such as lack of private and public investment caused by the political instability, high illiterate rate and less education, incapability of local government account for it. As a result, several policy recommendations are suggested to make the development plan of the Bangsamoro. First, the plan should be very comprehensive and second, it should be a very sustainable one equipped with the long run one and short run one. Third, the plan should be harmonized with that of the central government and those of neighboring local governments. Fourth, it should exploit the assistance of international development organization.

The Development Device of Busan-Jinhae Free Economic Zone for the International Competitiveness of the Port of Busan (부산항의 국제경쟁력 제고를 위한 부산.진해경제자유구역의 활성화 방안)

  • Sohn, Ae-Hwi
    • Journal of Korea Port Economic Association
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    • v.22 no.1
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    • pp.17-38
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    • 2006
  • This paper suggests the development device of Busan-Jinhae free Economic Zone(BJFEZ) to strengthen the competitiveness of the Port of Busan and promote the regional development in Busan. It deals with the securable feasibility of necessary sites and development costs and financial resources, the foreign investments figure, and the structure of the BJFEZ Authority. In addition, to evaluate the background, process, and contents of 'Special Purpose Local Government', the paper looks into the amendment proposal of 'Act on designation and management of free economic zones' suggested by the central government from the regional view of point. As proposals to promote and activate BJFEZ, it is recommended in the paper that it is required, first, to draw the detailed political methods to guarantee sound and sustainable development project and investment environment in accordance with regional characteristics prior to marketing, second, to develop and implement differentiated policy means to facilitate foreign investment, third, to strengthen specialty of the BJFEZ authority, and finally, to set up the supporting role and cooperation of both the central and local governments.

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A Empirical Study on the International Trade Structure between Korea & China (한/중 무역구조에 대한 실증분석)

  • Choi, Chang-Yeoul
    • International Commerce and Information Review
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    • v.9 no.4
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    • pp.461-482
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    • 2007
  • This Paper will use various analysis tools that have not been used a lot by the existing researches, and also use the statistics of trade until August 2007 to measure and analyze the trade relationship between China and Korea. This study, which is basic study to studies to be conducted later, has been performed to establish effective economic cooperative relations between Korea and China by examining trade structure of the two countries through trade-related indexes. Therefore, this study has academic values as a theoretical study which can explain economic effects of the Korea-China FTA. However, as data used for this study was based on the data of the National Statistics Office in general, this study was executed with realistic limitations owing to lack of local data. I will supplement this later and do my best to conduct a precise study.

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Environmental and Socioeconomic Determinants of Grain Virtual Water Trade: An Empirical Analysis using Decomposition and Decoupling Model

  • Golden Odey;Bashir Adelodun;Seulgi Lee;Kyung Sook Choi
    • Proceedings of the Korea Water Resources Association Conference
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    • 2023.05a
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    • pp.394-394
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    • 2023
  • The world's sustainable growth is being severely hampered by the inefficient use of water resources. Despite the widely acknowledged importance of trade in global and regional water and food security, societal reliance on local production as well as international trade remains inadequately assessed. Therefore, using South Korea as a case study, this study fills in this research gap by applying the virtual water concept, the logarithmic mean divisia index (LMDI) method, and the Tapio decoupling model. The virtual water concept was used to estimate South Korea's net virtual water trade for major grain crops from 1992 to 2017. Then, the LMDI method was utilized to assess the driving factors causing changes in net virtual water trade. Lastly, the Tapio decoupling model was used to investigate the decoupling relationships between economic growth and the driving factors of net virtual water trade. Results showed that South Korea remains a net importer of virtual water flows with respect to grain crops, with an average import of 16,559.24 million m3 over the study period. In addition, the change in net virtual water trade could be attributed to water intensity effect, product structure effect, economic effect, and population effect. However, water intensity and economic effects were the major decisive factors for decrease and increase in net virtual water trade respectively, while the population and product structure effects had minor positive influences on the net virtual water trade. Furthermore, water intensity and economic growth showed a strong decoupling in most periods, while the decoupling state between product structure and economic growth was observed as expansive negative decoupling. Likewise, population size and economic growth showed a weak decoupling in most periods. The results reveal South Korea's status as it concerns the virtual water trade of grain crops, thus providing valuable insights into the sustainability of trade activities for the management of local water resources.

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Russia's Eurasian strategy and Korea-Russia Cooperation - With reference to the economic cooperation of the inter-local governments - (러시아의 유라시아 전략과 한·러 협력 - 지방자치단체 간 경제협력을 중심으로 -)

  • Park, Sangnam
    • Analyses & Alternatives
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    • v.3 no.1
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    • pp.5-28
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    • 2019
  • This study suggests that Korea - Russia economic cooperation, which has been sluggish in the meantime, should be revitalized as a small, medium sized business that can be practiced at the local level of both countries. Some large scales of national projects were difficult to realize due to some internal and external factors. Therefore, if Russia's Far East region of the complementary economic structure with the Korea's Gyeonggi Province of Korea could form the basis of cooperation by centering on SMEs, it further can be positive for promoting cooperation among South Korea, North Korea and Russia. The trilateral cooperation among two Koreas and Russia is necessary for the balance of political and economic powers in the East Asia. China's retaliation case regarding THAAD (Terminal High Altitude Area Defense) clearly showed that the greater the economic dependence on a particular country, the more threatening it could be. Therefore, it is important for the political and economic security to keep the balance by diversifying economic cooperation counterparts. As China's influence in the global economy grows, building value chains for mutual prosperity with various neighboring countries is gaining great importance. To this end, this paper examined Russia's Eurasian Strategy, New East Policy, and Far East Development Policy which were designed to seek the way to establish Russia's independent economic zone not absorbed by Europe and China.

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Systematization for Approach Method of Economic Geography in Korea (한국경제지리학 접근방법의 체계화)

  • Han, Ju-Seong
    • Journal of the Economic Geographical Society of Korea
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    • v.15 no.4
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    • pp.457-463
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    • 2012
  • This study examines the epistemological approach of the economic geography and the approach in the ontology of geography which has been studied based on the region, and thereby aims at the systematization of economic geography. Since 1956, Korean economic geography study has been conducted under the development of studies in developed countries without discussing the uniqueness of the study or the systematization of the research approaches. As a result, the systematization is built after the economic geography is divided into neoclassical economy, geographical political economy, regional structure of the national economy, and local autonomous entity economy on a axis of epistemology and ontology for the systematization of approaches. We should pursue the intellectual change adding the major economic phenomena theories such as the world-system perspective, the regulation theory, network theory, and the institutionalism etc. into the systematization of the economic geography.

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Employment Structure of University Graduates and Regional Development: A Case Study of Chonnam National University (전남대학교 졸업생의 취업구조와 지역발전)

  • 안영진
    • Journal of the Economic Geographical Society of Korea
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    • v.4 no.2
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    • pp.37-56
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    • 2001
  • Regarding human capital development and the competitive advantage of regional economies, the transfer of local university graduates to the local labor market is a very important factor. This study aims to investigate the employment structure of university graduates and spatial patterns of their jobs, and the job search strategies to enter the employment system with a case study of Chonnam National University graduates. Because of the lagged industrial structure and peripheral location of Kwangju/Chonnam Province, the employment rate of the university graduates is generally lower than a national average. And there is a strong tendency of the concentration of job places on the metropolitan areas on the one hand, and on the Kwangju/chonnarn and Capital region of Korea on the other. University graduates in searching for jobs especially prefer spatial mobility toward job opportunities In other regions to promoting the flexibility of job qualifications to meet labor market demands. Based on the results of the study, we can identify a process of so-called train drains'in both quantitative and qualitative terms, and conclude that the role of the Chonnam National University in promoting regional development potentials and local labor market conditions is Quite restrictive.

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The Analysis of Linkage by Industrial Ripple Effect among Regions (산업의 지역간 파급효과에 의한 연계성 분석)

  • Kim, Sung-Rok
    • Journal of the Economic Geographical Society of Korea
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    • v.15 no.3
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    • pp.424-436
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    • 2012
  • While local autonomy is settled, each local government plans and fulfills policy to foster local industry for local development so it is important to establish industry location and economic foundation which is fitting to local conditions. Local development requires the development of local industry and it is necessary that this industry fits to the local conditions in order to be focused and developed. The regional input-output tables contain very useful data to understand the structure of local industry and interregional industry and also the analysis of linkage by industrial ripple effect among regions is needed. The study divided the country into 7 units and conducted factor analysis by using sum data of inducement coefficients in 78 parts of 2005's regional input-output tables, and as conclusion extracted 8 factors.

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