• Title/Summary/Keyword: Per capita GRDP

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The Impact of Information and Communication Technology (ICT) on Regional Economy in Indonesia 2012-2018

  • DEWI, Dyah Makutaning;WULANSARI, Ika Yuni
    • Asian Journal of Business Environment
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    • v.11 no.3
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    • pp.21-32
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    • 2021
  • Purpose: Research aims to analyze the influence of ICT on regional economic growth in Indonesia Provinces are grouped using Klassen's typology, which divides four quadrants based on economic growth and GRDP per capita. Considering similarity characteristics, four typology categories are finally simplified into two named categories: the "rapidly developed and growing" region and the "relatively lagged" region. Research design, data and methodology: The study uses panel data of 33 provinces in Indonesia from 2012 to 2018. It employs panel regression analysis to determine the impact of ICT on the regional economic growth of both regions. Results: The study reveals the percentage of households that own computer and the percentage of households who have accessed the internet in the last three months have a positive and significant influence on the GRDP per capita in the "relatively lagged" region. Meanwhile, mean years of schooling has a positive and significant impact on both regions. Conclusions: In the "rapidly developed and growing" region, only mean years of schooling has a positive and significant effect on GRDP per capita, whilst in the "relatively lagged" region, percentage of households that own computer, percentage of households who have accessed the internet in the last three months, and mean years of schooling have a positive and significant impact on GRDP per capita in Indonesia.

Effect of Fiscal and Non-fiscal Variables on Regional Economy: The Case of 16 Wide-area Autonomous Communities in Korea (재정변수 및 비재정변수가 지역경제에 미치는 영향: 16개 시도를 중심으로)

  • Park, Wan Kyu;Kim, Du-Su
    • 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.

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Random Coefficient Models for Environmental Kuznets Curve Hypothesis in Seoul Metropolitan Region (확률계수모형을 이용한 수도권지역의 환경쿠즈네츠가설에 관한 재고찰)

  • Kim, Ji Uk
    • Environmental and Resource Economics Review
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    • v.11 no.3
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    • pp.377-396
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    • 2002
  • This paper investigates whether an inverted U relationship between pollution and economic development could be found in the Seoul metropolitan region using a panel data for the period of 1985~1999. We uses a model with a more flexible random coefficients specification which allows for a greater degree of regional heterogeneity. The emissions of sulfur dioxidetotal($SO_2$), suspended particulates(TSP), nitrogen dioxide($NO_2$), and carbon monoxide(CO) were selected as four major pollutants. We found that the emissions of these pollutants per capita except sulfur dioxidetotal exhibited inverted U shapes with per capita gross regional domestic product (GRDP). We also noted that the turning points for Seoul metropolitan region occured at a range of incomes, from $3,000 to $5,000 per capita.

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The Honam Region제s Evolutions in the 1990s: Convergence or Divergence\ulcorner (1990년대 호남지역경제의 전개과정: 지역경제의 수렴 또는 확산\ulcorner)

  • 정준호
    • Journal of the Economic Geographical Society of Korea
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    • v.4 no.2
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    • pp.57-77
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    • 2001
  • The Honam region has been recognized as one of the most lagging regions in Korea. Drawing upon some decompositions oi Gross Regional Domestic Product(GRDP) per head and labor productivity, the overall trend of inequalities in Korea has been revealed and the trajectory of the Honam region's economic change has been identified by examining how the region's economic performance changed relative to that of Korea in the 1990s. There are some findings. First of all, Korea is characterized by strong divergence in the development of its region economies, in terms o\ulcorner per capita GRDP, which relies upon productivity differentials rather than differences in employment rates. Second, the Honam region has displayed poor economic performances in terms of GRDP per head except for Jeonnam. Third, the dramatic fall in cumulative population growth relative to the national average has been an important factor in the Jeonnam's overwhelming economic performance measured by per capita GRDP. Fourth, the decline in the relative productivity of the Honam region is mostly explained by falling relative regional productivity growth in construction, transport and manufacturing, although it should be noted that the latter sector has made positive contribution to raising relative regional productivity of Jeonnam. Fifth, overall the shift in employment to service sector, especially to social, personal, public, health, education, other services other than distribution, hotels, catering has tended to support relative regional productivities, along with the positive contribution being made oi agriculture, forestry and fishing to relative regional productivity growth in the Honam region.

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The Effect of Workforce Aging on Human Capital Job and Regional Economic Performance in Korea: focusing on Metro Cities and Provinces (노동력 고령화가 인적자본 취업비중과 1인당 지역총생산에 미치는 효과: 우리나라 광역시와 도를 중심으로)

  • Lee, Seong-Hoon;Lee, Hyangsoo;Jung, Yonghun
    • Journal of Digital Convergence
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    • v.18 no.5
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    • pp.25-31
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    • 2020
  • This study analyzes the effects of aging workforce on human capital and the per capita gross regional domestic product, using regional panel statistics from 1995 to 2017. According to the results of the two-stage least-squares panel regression analysis reflecting the fixed effects by region, the aging of the labor force had no effect on the human capital employment ratio and per capita gross domestic product in the metropolitan cities, but reduced human capital and per capita gross domestic product in the provinces. The share of service businesses had a positive effect on human capital in metropolitan cities, but the effect was not significant in the provinces. Human capital significantly contributed to the increase in per capita gross regional domestic product in the metropolitan cities, but the physical capital stock significantly contributed to the increase in per capita gross regional domestic product in the provinces. The results of this study suggest that the human capital job policy and the per capita regional GDP growth policy due to the aging workforce may be different between metropolitan cities and provinces.

Analysis of Regional Development Attractiveness of Comprehensive Air-quality Index and Gross Domestic Product - Focusing on Cities and Counties in Chungcheongnam-do - (통합대기환경지수와 지역내총생산에 의한 지역개발매력도 분석 - 충청남도 시·군을 대상으로 -)

  • Lee, Byung-Hark;Jung, Nam-Su
    • Journal of Korean Society of Rural Planning
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    • v.29 no.3
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    • pp.91-97
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    • 2023
  • The purpose of this research is to apply the regional development attractiveness of the national level determined in the previous study to the city and county level of Chungcheongnam-do. We verified results with the population change of the floating population data. In order to measure regional development attractiveness in 2020, Chungcheongnam-do's integrated air environment index and per capita gross regional product were gathered. Population movement data over the past five years have been used to analyze population changes in the floating population data. Regional development attractiveness depended on the data of GDP per capita, which had a large difference between the maximum and minimum values. The rate of increase or decrease in population change by city and county in Chungcheongnam-do over the past five years has changed significantly since 2021 and characteristics of each group were grouped into four groups. Based on the environment and economic feasibility of the region, it can be the starting point for a new analysis of Korea's regional development projects and the selection of target sites. Policy suggestions can also be made in spatial plans such as short-term comprehensive plans, long-term comprehensive plans, and development plans. It can be a limit of this research that regional development attractiveness was determined by the relatively large per capita gross domestic product. It is necessary to further develop regional development attractiveness by closely investigating the characteristics of the region, social problems, and emissions of environmentally harmful substances.

An Analysis of the Absolute Vs. Conditional Convergency Hypothesis and the Determinants of Labor Productivity in Manufacturing Industries: The Korean Case (16개 광역시도별 제조업 부문에 대한 절대적 및 조건부 수렴가설 검증 및 생산성 결정요인 분석)

  • Park, Chuhwan;Shin, Kwang Ha
    • International Area Studies Review
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    • v.17 no.4
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    • pp.89-106
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    • 2013
  • In this paper, we analysed the absolute and conditional convergency hypothesis and the determinants of productivity in manufacturing industries from 2000 to 2009 with 16 provinces and metro-cities by using panel analysis. In terms of convergency hypothesis test, the results show that both of the convergency hypothesis, the absolute vs. conditional hypothesis, reject the null hypothesis(H0) implying the labor productivity of the 16 province and metro-cities converged to the steady state equilibrium. Also, the speed of the absolute and conditional convergency for the 16 province and metro-cities are average 4.4% and 0.73% respectively. In addition, the results of the determinants of the labor productivity in manufacturing industry show that human capital and manufacturing location coefficient affect to the value- added per capita significantly, but government expenditure per capita doesn't affect to the value- added per capita. As for the total factor productivity, government expenditure per capita and fixed capital per capita are important factors, but research and development doesn't. Hence the government has to revise the balanced regional development policy to develop regional manufacturing industries for the vulnerable regions. Also, it requires more study regarding income disparities and productivity.

A Study on the Determinants of Imbalanced Regional Development : An Application of Regression Model for a Bias due to Heterogeneity across Region (지역 불균형 발전의 결정요인 : 지역간 이질성 편의를 고려한 희귀모형의 적용)

  • 박범조;고석찬
    • Journal of the Korean Regional Science Association
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    • v.14 no.2
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    • pp.35-50
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    • 1998
  • This paper examines the determinants of imbalanced regional development in Korea during the period of 1985-1995. The review of previous analytical techniques have been used to analyze the determinants of disparities in regional development of disparities in regional development, but few has applied the regression technique which reduces a bias due to heterogeneity across region. The results of the study show that Kmenta model with per capita GRDP as dependent variable can reduce the heterogeneity bias in regional development and can minimize the statical errors in estimation and interpretation of the coefficients of the explanatory variables. According to the results of Kmenta model, urban infrastructure such as roads, information and communication facilities are major causes of regional disparity over the period of 1985-1995. The results of the study also indicate that local government should devote their policy efforts to identify and utilize the unique soci-economic characteristics of each locality in the process of regional development.

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Relationship between Publicness and Efficiency of Regional Public Hospitals (지방의료원의 공공성과 효율성 관계)

  • Jo, Nam-Kwon;Suh, Won-Sik
    • The Journal of the Korea Contents Association
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    • v.14 no.11
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    • pp.772-782
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    • 2014
  • The aim of the study is to examine the factors affecting publicness and efficiency of the regional public hospitals and specify their relationship, thereby drawing out the policy implications for further improvement of regional hospital management. The analytical results showed the followings. First, there were statistically significant mean differences between the above-the-mean group and the below-the-mean group in terms of the internal and external environmental factors and intensity of competition. Second, When the hospitals were divided into two groups based on the mean value of efficiency, the ratio of material costs, of operational costs, and of doctors, and GRDP per capita of the above-the-mean group and the below-the-mean group showed the significant mean differences. Finally, among the variables of publicness, the ratio of medical aid patients and the number of deliveries had the negative relationships with efficiency whereas the medical costs of medical aid recipients had a positive relationship. The general argument that the government should enlarge its support for the regional hospitals' publicness needs to be specified in terms of the particular components of publicness based on this study. Also, to determine the extent of government support, the further research on the external environmental factors that cannot be controlled by the hospitals, for instance, intensity of competition, GRDP per capita, and fiscal self-reliance, should be encouraged.

The Effect of Related and Unrelated Varieties of Industry and Occupation on Regional Economic Growth in Korea (산업 및 직종의 상호연관적 다양성과 비연관적 다양성이 지역의 경제성장에 미치는 영향)

  • Song, Changhyun;Kim, Chanyong;Lim, Up
    • Journal of the Korean Regional Science Association
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    • v.35 no.2
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    • pp.73-86
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    • 2019
  • The purpose of this paper is to empirically analyze the effects of related and unrelated varieties of industry and occupation on regional economic growth. Recent studies dealing with the mechanism of economic growth argue that occupation as well as industry act as the driving force of regional economic growth by inducing knowledge externalities. Therefore, this study comprehensively analyzed the effects of occupational diversity along with industrial diversity. For the empirical analysis, we set the regional labor market areas as the spatial units of analysis. Dependent variables include regional per capita GRDP and employment growth between 2010 and 2015, and related and unrelated variety of industry and occupations measured based on the entropy approach are used as key explanatory variables. Our empirical results show that the related variety of industry has a positive effect on per capita GRDP in the region, and the related variety of occupation has a positive effect on regional employment growth. On the other hand, the unrelated variety of industries shows a negative correlation with regional employment growth. Based on the empirical results, this paper provides regional policy implications for strengthening economic vitality by dividing the diversity of industry and occupation into related and unrelated varieties and analyzing how they affect regional economic growth.