• Journal of the Korea Academia-Industrial cooperation Society
• /
• v.15 no.4
• /
• pp.1992-1998
• /
• 2014

This paper aims to understand the meaning of balanced development among regional economies and its importance in the s0-called knowledge-based economy. It is shown that the balanced allocation of human capital is necessary to achieve the efficient allocation of physical capital among regional economies, which makes the equality of marginal product of capital. And a simulation experiment is conducted to calculate the cost of unbalanced growth. It is shown that balanced growth among regional economies may increase the growth rate of whole national economy while unbalanced growth among them reduce it. The policy implication is that for an any economy to grow at a higher rate, the efficient allocation of physical and human capital both are necessary to have the balanced growth of regional economies in knowledge-based economy.

• Journal of Wetlands Research
• /
• v.4 no.2
• /
• pp.1-11
• /
• 2002

The morphology, seed germination, and life history of Salix nipponica were investigated in the wetland of the Nam-River, Jinju, Gyeongsangnam-do, Korea from 2000 to 2001 to provide the basic data necessary for riverine ecosystem restoration through understanding the growth characteristics of Salix nipponica. Salix nipponica had stomata on only lower side and stomata type was paracytic. Salix nipponica produced many small and light seeds. The seed number per mature ament was 1599.4, seed mass of 0.04 mg, and fertilization rate of 66.1%. Seed germination was little affected by light. Germination rate was high and mean germination time was short Under flooding condition, seeds were germinated normally and were viable after as much as 14 days of flooding. But there were no differences under various water depths on germination rates. Tree age was closely correlated with more stem diameter than tree height and there was no difference of growth rate between male and female tree. Growth rate was most rapid for 2 to 3 years after germination, and length growth was almost stopped for more than 11 years even though mass growth was done. Besides even a second-year indivisual was flowered.

• Journal of the Korean Regional Science Association
• /
• v.11 no.2
• /
• pp.41-51
• /
• 1995

It has been estimated the total factor productivity(TFP)of the city of Seoul. Average TFP growth rate during 1974-1992 has been estimated as 0.0602. TFP growth rate has been decreased from 0.0804 of 1970's to 0.0561 of 1980 and 1990's Factsro affecting the TFP are found to be core infrastructure, capital stock and land price growth rate. High land price growth rate depresses the TFP growth rate. During 1989, due to the high land price growth rate and extremely low building costruction permit TFP rate has been estimated as negative.

• Journal of the Korean Regional Science Association
• /
• v.14 no.1
• /
• pp.47-64
• /
• 1998

This paper attempts to forecast regional economic changes and to analyze government polices for interregional balanced economic growth in case of Korea Reunification. It begins with be reunified at the year 2010. The model is largely neoclassical. Since the future of North Korea is unclear, two possible scenarios are presented. The paper projects economic growth of regions, specifically forecasting growth of regions, specifically forecasting GRDP, the number of migrants and the quantity of moving capital. The results obtained show that spatially unbalanced economic growth will take place in the reunified Korea through factor movement. Two polices including public capital provision policy and income subsidy policy are thus suggested and analyed.

• Journal of the Korean Regional Science Association
• /
• v.39 no.4
• /
• pp.53-71
• /
• 2023

This study aims to identify the contribution of factors to employment growth over the past 20 years (1996-2016) for seven metropolitan areas in Korea. For this purpose, we performed a multifactor partitioning (MFP) analysis based on the business survey data provided by Statistics Korea. The key findings of the analysis are as follows. First, over the long run, the region effect is dominant in metropolitan employment growth, followed by the industry mix effect. On the other hand, the dynamic MFP findings suggests that future regional employment disparities are likely to be explained by industry structure. Second, the gender mix and decent job mix effect do not significantly contribute to regional employment growth. However, the contributions of individual factors are not invalid, and it is possible to infer a pattern of declining employment for men-permanent workers and increasing employment for women-contingent workers. These results indicate the importance and necessity of employment policies that can promote structural transition in regional industries and qualitative growth accompanied by employment stability.

• Journal of Korea Planning Association
• /
• v.54 no.7
• /
• pp.5-23
• /
• 2019

The central government has implemented policies to strengthen the competitiveness of small and medium sized cities for balanced development at the national scale. However, since it is often difficult to enhance the competitiveness through partial projects of each jurisdiction, many local governments collaborate at the regional scale. This suggests that a regional approach is important for the management of small and medium sized cities. On the one hand, the concept of network city suggests that various functional networks can affect the growth of small and medium sized cities. Given this background, the purposes of this study are to delineate regional boundaries at national scale and identify their relations of growth by using functional network and Moran's I index. The study uses the Markov-chain model and cluster analysis to delineate the regions, and Moran's I is employed to identify the relations of growth. The results show that interactions between jurisdictions through networks could be crucial factors for growth of small and medium sized cities, while the networks based on passenger travel and freight movement have different implications. The results suggest that policy makers should not only consider local level investments, but also take the characteristics of networks between cities into account for achieving balanced development and developing regeneration policies.

• Journal of the Korean Data Analysis Society
• /
• v.20 no.6
• /
• pp.2981-2991
• /
• 2018

The purpose of this paper is to examine the effect of local festivals on regional economic growth through empirical analysis of festival - economic growth relation. Theoretically, the theory of creative city is at the center of the discussion as to how festivals can influence economic growth. We used the regional convergence equation and used pooled OLS, fixed effect model, and GMM estimation method to analyze the effect of festivals on regional economic growth. According to this empirical analysis, the effect of festival variables such as the number of festivals and the festival period on economic growth has not been affected. This suggests that the effects of festivals on productivity and efficiency have not existed. This implies that the creative city theory that local festivals influence regional economic growth does not work well.

• Journal of the Korean Regional Science Association
• /
• v.38 no.1
• /
• pp.3-20
• /
• 2022

The purpose of this study is to exploratory analyze the transition pattern of establishments and workers in new growth industries in the metropolitan area from 2010 to 2019 and to identify regional factors affecting the inflow and outflow of new growth industry start-ups. As for the analysis, the original data of the Census on Establishments were used, and spatial data at the sigungu level were constructed based on the inflow and outflow data of the number of new growth industry businesses and workers. For the analysis, the degree centrality of connection to outflow inflow by region was calculated, and an empirical analysis was conducted on regional-level factors affecting the inflow and outflow of new growth industries by applying a negative binomial regression model. According to the results, the new growth industry manufacturing sector was actively relocated in southern Gyeonggi Province, and the new growth industry service sector in Gangnam and Guro-Geumcheon-gu, and the impact of regional-level factors on the inflow and outflow of new growth industry start-ups varies depending on the industry. This study presented implications for regional industrial policies to improve the competitiveness of the local economy by attracting new industries by identifying spatial transition patterns for new growth industries and conducting empirical analysis to identify influencing factors.

• Journal of The Korean Society of Agricultural Engineers
• /
• v.49 no.1
• /
• pp.35-42
• /
• 2007

This paper develops a Sustainable Regional Economic Growth Model (SREG) which estimates the relation of labor population change and employment increase in each occupation and maximum limits and minimum requirements of employment increase by labor population change in a specified region using multiplier theory. To develop the proposed model, sustainable regional economic growth is defined as a steady increase of labor population over a long term period and the limit of employment increase is defined as the estimated labor population change in the region with no need for commutation from the surrounded areas. Developed model was applied to 67 county in Pennsylvania State and the results revealed that the investment in infrastructure occupations, such as transportation, warehousing, utilities, information, communication, and other public utilities, maximizes the effects for increasing employment, whereas finance, insurance, and real estate occupations have minimum effects for increasing employment. Calculated minimum requirements of occupations show that infra-structure occupations is a critical factor for labor population change and maximum limits of occupations show that agriculture and finance occupations are difficult to increase independently.

• World Technopolis Review
• /
• v.3 no.3
• /
• pp.153-164
• /
• 2014

It is recent that STEM (Science, Technology, Engineering and Mathematics) education emerged as a great concern of the U.S. policy makers in terms of securing national and regional competitiveness. However, few attempts to embrace STEM education as a source for sustainable regional growth have been made mainly due to methodological challenges. This paper investigates the role of STEM education in achieving sustainable economic growth. For the purpose of the paper, a U.S. federal workforce development program named Workforce Innovation in Regional Economic Development (WIRED) in Southeastern Virginia that was implemented between 2007 and 2010 is selected and evaluated qualitatively. By identifying three themes as a result of three-stage coding methods, the evaluation results call for particular attention of local policy makers and key stakeholders to STEM education as a source of sustainable long-term economic growth in regions.