• Title/Summary/Keyword: Regional Economies

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Identifying Economic Determinants of Regional Exports in Korea (우리나라 지역수출의 결정요인 분석)

  • Kim, Sung-Hun;Choi, Myoung-Sub;Kim, Eui-June
    • Journal of the Economic Geographical Society of Korea
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    • v.12 no.2
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    • pp.142-158
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    • 2009
  • The purpose of this paper is to identify determinants of regional export in Korea using the interregional input-output table and SUR(Seemingly Unrelated Regression) model. Regional exports are classified into four groups; intraindustry intraregional export, interindustry intraregional export, intraindustry interregional export and interindustry interregional export. Labor productivity, scale economies, market size, and international trade volumes have positively influenced regional exports while the interregional distances having a negative effect on them. These results imply that it is necessary to operate regional strategies to enhance productivities and market size and to reduce transportation and distribution costs for revitalize a regional economy by increasing regional exports.

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Transnational Labor Migration in Southeast Asia and Regional Governance: In Search of Good Governance (동남아시아의 이주노동과 지역 거버넌스)

  • Choi, Horim
    • The Southeast Asian review
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    • v.20 no.2
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    • pp.135-178
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    • 2010
  • This study is to seek alternatives for regional governance related to transnational labor migration issues in Southeast Asia. This study examined the present situation and trends of labor migration in the region, reviewed involved transnational issues, and identified the current issues of governance to seek alternatives for regional governance. The increase in cross-border labor migration is no doubt a sign of growth and dynamism of the region and greater integration of their economies. But it also poses complex policy and management issues as well as transnational issues over such as unequal economic profits, illegal migration, human rights, and social security issues. In this reality, regional governance is a very important theme and the efforts to manage their migration inherently involve fundamental conflict and tension between related countries and regions. However, politics and governance of transnational migrant workers in Southeast Asia are still pursued at the national level. To resolve these issues, it is urgently required to secure not only collaboration between the parties concerned but also governance at the regional level. Findings of this study are: First, although labor migration has been a relatively long-time transnational issue, the history of addressing the issue at the regional governance is very short and still inceptive. Second, given its size, labor migration in Southeast Asia requires effective regional governance but no breakthrough was possible due to the conflict of interests between origin and destination countries and the conflict of logic between the labor market and the state. Third, the issue of labor migration is an important element for the formation of economic and socio-cultural communities the ASEAN countries have pursued. Fourth, it is urgently needed to seek alternatives for good and effective regional governance as a key to resolving these issues over migrant workers in Southeast Asia.

A Study of Traditional Cuisine as Commercial Scale in Regional Festive Events. (지역축제의 향토음식 관광상품화에 관한 연구)

  • 김상철
    • Culinary science and hospitality research
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    • v.6 no.3
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    • pp.193-223
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    • 2000
  • It has become a common things that great capital were needed in the past development stage which infrastructure is primary factors, but nowadays it is changing to money saving software-oriented strategics to flourish various regional cultural festivals and events in terms of the development of tourism resource. it is because not to destroy environments, to harmonize natural resources with its surroundings and traditional events. Its purpose is to give some activities to depressed local economies and develop characteristics of local governments and its inhabitants' benefits for the special tourism products, events. and service enhancement searching for. keeping, and maintaining regional culture as unique and attractive image. As folk festivals are in full flourish, it is proper time to advertise korean's traditional and valuable food heritage and produce a food on a international commercial sale. It is strongly not also connected with globalism but proof an excellent worldwide things. To achieve this papers' purpose the followings should be solved in the near future. and so as to carries culture on food and regional specialities as valuable inheritances. It involves (1) the similarity in food taste, (2) the assistances of governmental support (3) adjusting to the taste of foreigner and visitors from other countries. (4) to participate in cooking process.

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Intra-regional Cooperation and Air Cargo Liberalization Policy in Korea, China and Japan (한.중.일의 역내 항공화물운송 자유화정책과 협력중진방안)

  • Lee, Yeong-Heok
    • The Korean Journal of Air & Space Law and Policy
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    • v.22 no.2
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    • pp.135-154
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    • 2007
  • The 3 Northeast Asian countries of Korea, Japan and China have been stricter to each other than to other countries of out-region in air liberalization. The prominent reason of this intra-regional protective policy in air transportation seems to be the difference in competitive strength of their national flag carriers. As the 3 countries realize the importance of their mutual cooperation in the region, since China grows to be one of the leading economies in the world and the intra-regional trade and visitors increase tremendously, they are now taking the policy of intra-regional air liberalization more vigorously than before. Especially air cargo liberalization is easier than air passenger liberalization because they realize that the development of open economy is based on free flow of logistics regardless of the competitiveness of their national flag carriers. As Korea is the leading country in the region to promote air liberalization, this paper reviews the importance and growing trend of air cargo, analyzes current air liberalization policy between Korea, Japan and China and the initial effects of open sky in the routes of Shandung-Korea, and suggests the new policies of air liberalization to promote free flow of air logistics.

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The role of Universities in the Development of Local Economies: A Case Study in the western of Jeonnam

  • Sung Hyun Park;Ki Kibeom Kim
    • International Journal of Internet, Broadcasting and Communication
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    • v.15 no.2
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    • pp.81-88
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    • 2023
  • As a result of this study, the income generation effect generatded by regional universities for the region is KRW 130.6 billion (direct and indirect income effect KRW 90.9 billion, induced income effect KRW 39.6 billion). In addition, it is estimated that the effect of regional universities on inducing employment in the region is 2,145 per year. Unless quality jobs are secured, the outflow of population to the metropolitan area will accelerate, and the disappearance of local areas will emerge as a social problem in the near future. Considering the effect of local universities on the local economy revealed through the results of this study, that is, the income and job creation effects, the government will be able to prevent local extinction by providing bold financial support to local universities. If it is difficult to afford it with government finances alone, it can be solved by opening the door to universities for admission through donations, which many advanced countries are introducing..

Analysis of the Specialized Industries and Its Policy Implications in Yeongnam Area (영남지역의 특화산업 분석과 정책적 시사점)

  • Park, Won-Seok;Lee, Chul-Woo
    • Journal of the Korean association of regional geographers
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    • v.11 no.4
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    • pp.463-475
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    • 2005
  • This paper aims at examining the current states of regional industrial structures, and secondly, analyzing the specialized industries in Youngnam Area, and finally, elucidating its policy implications. The main results of this paper are as follows. The characteristics of specialized industries are different between regions, in terms of static-dynamic dimension, static dimension and dynamic dimension. As a results, the effects of the activating strategies of regional specialized industries are quite different by regions. Therefore, some policy implications are elucidated, as follows. Firstly, different strategy may be committed according to the characteristics of specialized industries. Secondly, the activating strategies of regional specialized industries and regional innovation strategies may be confused considering the changing trends into knowledge based economies.

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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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Cluster or Diversify? A Dilemma for Sustainable Local Techno-Economic Development

  • Phillips, Fred;Oh, Deog-Seong;Lee, Eung-Hyun
    • World Technopolis Review
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    • v.5 no.2
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    • pp.98-107
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    • 2016
  • By highlighting the efficiencies gained from regional specialization, the cluster concept has distracted economic development officials from their traditional role of diversifying regional and local economies. Clustering was a viable strategy for much of the 18 years following its original appearance in the literature. Now, two events cast doubt on the continued viability of cluster-based specialization. First, the digital convergence has blurred the boundaries that once separated one industry from another. An industry cluster strategy becomes difficult when the industry cannot be defined. Second, many cluster initiatives fail. Combining literature search with the system-theoretic notions of efficiency and redundancy, we find many factors moderate cluster success. This implies regions facing uncertain success in their cluster-building efforts should thoroughly understand their unique circumstances and build upon them. Regions with successful clusters are advised to aim for multiple related clusters or superclusters.

Capital Inflow Shocks and House Prices: Aggregate and Regional Evidence from Korea

  • Tillmann, Peter
    • East Asian Economic Review
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    • v.17 no.2
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    • pp.129-159
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    • 2013
  • Over the course of the recent global financial crisis, emerging economies experienced massive swings in capital inflows. In this paper, we estimate a VAR model to assess the impact of capital inflow shocks, which are identified using a set of sign restrictions, on house prices in Korea. We base the analysis on three alternative measures of capital inflows: net total inflows, net portfolio inflows and gross total inflows. The results suggest that capital inflow shocks have a significantly positive and persistent effect on real house prices. Although shocks to capital inflows are found to be substantially more important for Korean asset markets than for other OECD countries, their overall explanatory power is modest. Using regional house price data we also show that capital inflow shocks have an asymmetric effect on property markets across the seven largest Korean cities and across different parts of Seoul.

The Plan of Refurbishing Korea's Top 4 Rivers (-국토개발의 균형발전 측면에서본- 4대강 정비사업계획)

  • Chung, Moo-Yong
    • Journal of the Korean Professional Engineers Association
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    • v.42 no.2
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    • pp.35-40
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    • 2009
  • This article is summary of 'Korean Green New Deal' project which strives to revive Korea's Top 4 rivers for the next four years, between 2009 and 2012. The purpose of this project is balanced national development and recovered regional economy, creating new jobs. Details of the 'Korean Green New Deal' include means to reinforce obsolete embankments and to recover the river ecosystem by maintaining sedimentary soil, to install small- to middle-sized dams and flood control reservoirs and to establish eco-friendly reservoir for emergency water supplies. The project is expected to generate 190,000 new employee and create 23 trillion won worth production inducement effect, contributing in the revival of regional economies.

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