• Title/Summary/Keyword: the Capital region

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Environment Policy and Regional Economic Growth: Conflicting vs. Complementing (환경정책과 지역경제 : 상반관계 vs. 보완관계)

  • 김홍배;윤갑식
    • Journal of the Korean Regional Science Association
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    • v.15 no.1
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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.

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Analyzing Regional Characteristics of Producer service Networks: Comparing the Capital region with Gyeongsang region (생산자서비스 네트워크의 지역별 특성 연구: 수도권과 경상권의 비교 분석)

  • Kim, Hyung-Joo;Lee, Jeong-Hyop
    • Journal of the Economic Geographical Society of Korea
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    • v.13 no.1
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    • pp.1-18
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    • 2010
  • This paper examines characteristics of producer service networks by comparing the Capital region with Gyeongsang region in Korea and provides implications for regional policies of producer services. We employ the data of the Korea Innovation Survey, compiled by Science & Technology Policy Institute in 2006 and analyze producer service networks in the two regions. According to the results of production networks analysis, producer service firms in Gyeongsang region serve to relatively limited areas of market whereas those in the Capital region serve to a larger market. No difference is found between producer service firms in the Capital region and those in Gyeongsang region for the types of major customers. Analysis of knowledge/information networks demonstrates that firms in the Capital region mostly count on informal networks while those in Gyeongsang region primarily rely on their suppliers as a source of key information. Firms in Gyeongsand region often gain key information from the Capital region. The results of Social Network Analysis show that both of the innovation networks for two regions are poorly connected. In order to promote producer services, each region needs strategic approach reflecting regional characteristics and demands of regional industries.

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Comparisons of Young Renter Households' Housing Situation by Locations Reflected in the 2012 Korea Housing Survey (2012년 주거실태조사에 나타난 청년 임차가구의 지역별 주거 실태 비교)

  • Lee, Hyun-Jeong
    • Journal of the Korean housing association
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    • v.26 no.1
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    • pp.81-90
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    • 2015
  • The purpose of this study was to investigate housing characteristics of young renter households by locations using licensed microdata of the 2012 Korea Housing Survey. There were 1,020,216 renter households (weighted count) headed by persons between 20 and 34 years of age, and their housing characteristics were compared statistically across their residential locations (Capital Region, metropolitan cities, other areas). Major findings are as follows: (1) Capital Region young renters had the worst housing quality to have the greatest proportion of households living in units failed to meet national minimum housing standards, and/or in basement or semi-basement units; (2) Capital Region young renters had the greatest proportion of households that had housing cost burdens; and (3) 37.3% of young renter households in metropolitan areas and 33.5% in Capital Region were found to receive family support in order to afford current rental costs.

A Suggestion for the Strategic Choice of Seoul to be a Network Center in Northeast Asia

  • Ahn, Kun-Hyuck;Ohn, Yeong-Te
    • Journal of the Korean Regional Science Association
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    • v.15 no.2
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    • pp.155-187
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    • 1999
  • The East Asian Region has experienced remarkable economic growth and transformation of interurban networking over the past three decades, and urban competiti veness for a networking hub in this region has become a critical issue confronting cities. Competitiveness of the Seoul capital region for a networking hub in Northeast Asia is outstripped by other competing cities in East Asia, notwithstanding its geo-politically and geo-economically advantageous location in this region. In this paper, we aim to appraise the Seoul capital region's competitiveness in terms of logistics distribution, financial function and logistics distribution, financial function and agglomeration of transnational corporations (especially of RHOs and other managerial functions), and to advance the networking strategies of the region for a Northeast Asia hyb. As a result of analysis, we suggest that the Seoul capital region be developed as a Northeast Asian center for regional headquarters or leading global corporations and financial services for being a strategic nodal point in Northeast Asia in the 21st century. A recent survey shows that where to locate an RHQ is influenced by various factors, such as potential market and manufacturing site in the city's hinterland, quality of life, such things as culture, health, safety, education, a well-educated, English-speaking population, reliable air transport, state-of-the-art communications, and an active policy to offer foreign companies generous incentives. The Seoul capital region, which is located at a strategic nodal point advantageous as a springboard for its Northeast Asian hinterland, cannot meet the other conditions mentioned above. To overcome these drawbacks in attracting transnational capital and to create competitiveness as a strategic hub of RHQs in Northeast Asia, it is urgent to initiate a structural reform of the Korean economy, politics, and overall society, to minimize the regulation of FDI, and to provide various incentives for foreign investment. Moreover, we propose the construction of an 'International Business Town' in the Seoul capital region, as a medium to intermediate these strategies and to shape them in a spatial scale. The projected 'International Business Town(IBT)' will be a 'free city' open to international business in which liberal economic activities are guaranteed by special legislation and administration, infrastructures needed for international and improved accessibility to the airport are furnished, and the preference of foreign high-income investors for cultural and living environment are satisfactorily met. IBT is conspicuously differentiated from a raft of other cities' incentives in that it combines deregulation and incentive programs to attract the investment of transnational capital, with a spatial program of offering an urban environment preferred by the high-income investors for cultural and living environment are satisfactorily met. IBT is conspicuously differentiated from a raft of other cities' incentives in that it combines deregulation and incentive programs to attract the investment of transnational capita, with a spatial program of offering an urban environment preferred by the high-income and managerial class. Furthermore, it can be an excellent way of overcoming the xenophobia that has spread among the Korean population by concentrating foreign businesses and their lifestyles in a specific foreign businesses and their lifestyles in a specific zone. In conclusion, 'International Business Town', in line with other legislative and administrative incentive programs, will function as a driving force to make the Seoul capital regional more competitive as a regional business hub in Northeast Asia.

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An Empirical Study on the Estimate of Rational Real Estate Bubble in Korea (한국 부동산 시장의 합리적 버블 추정에 관한 실증연구)

  • Chun, Hae-Jung
    • Journal of the Economic Geographical Society of Korea
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    • v.17 no.1
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    • pp.147-159
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    • 2014
  • The present study was aimed to estimate the rational bubble by using the state space model and Kalman filter, of the national, capital, non-capital, Gangnam, and Gangbuk regions housing sales price from November 2003 to August 2013, for the whole period, and before and after the global financial crisis. For the whole period, Gangnam marked the highest rational bubble of 25.4%, followed by Gangbuk 21.3%, capital region 20.1%, whole country 18.9%, and non-capital region 14.3%. Prior to the global financial crisis, Gangnam showed 26.7% of bubble, which is approximately 7.4% higher than Gangbuk with 19.3%. On the other hand, after the global financial crisis, the bubble has collapsed a lot with Gangnam 13.2% and Gangbuk 10.7%; however, the non-capital region showed rather an increase of about 15% from 4.2% before the crisis to 9.0% after the crisis. The main cause of this is that the trading price has declined but the rents have risen in the capital region including Gangnam and Gangbuk, while the transaction price has gone up in non-capital region due to various positive signs like the moving of public institutions.

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Migration to the Capital Region in Korea: Assessing the Relative Importance of Place Characteristics and Migrant Selectivity (우리나라 수도권으로의 인구이동: 시기별 유출지역 특성과 이주자 선별성의 상대적 중요도 평가)

  • Kwon, Sang-Cheol
    • Journal of the Korean association of regional geographers
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    • v.11 no.6
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    • pp.571-584
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    • 2005
  • The population concentration in the Capital region of Korea has become an important issue for the pursuit of the balanced regional human capital development. Considering migration both as a geographic and a social movement, migration to the capital region could be examined in the push factors and the selective migrant characteristics from the out-migration region. Their relative importance reveals that age and education level are important in almost all years, but the importance of the percentage of manufacturing sector and rural/urban region moves to the years of education, the percentage of unskilled occupation and manufacturing sector and unemployment ratio recently. Since the brain drain has been occurring under the highly unbalanced regional development in Korea, the results suggest that regional human capital investment should be accompanied with enlarging quality employment opportunities to reap the benefits.

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A Study of Unregistered Manufacturing Plants: Their Problems and Alternative Policies (首都圈 無登錄工場 問題와 對策에 관한 硏究)

  • Hwang, Man-Ik
    • Journal of the Korean Geographical Society
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    • v.31 no.3
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    • pp.489-507
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    • 1996
  • The purpose of this study is to examine the increasing number of unregistered manufacturing plants and related problems, and to recommend alternative solutions to the problems. Data are obtained from a field survey of randomly selected small scale manufacturing plants in Seoul and its suburban cities. A total number or respondents are 533, and 416 of them are unregistered plants. The Capital Regional Planning has had a goal during last three decades to lead a balanced regional economic development by restriction manufacturing plants in the Capital Region and by encouraging them in other regions in the nation. It was 1984 when a comprehensive planning was established to achieve this goal. Sets of various regulations, by-laws and codes have been implemented to regulate manu-facturing activities in the Capital Region to achieve the goal. The region is divided into three sub-regions, and a different degree of regulations is applied to each sub-region. Only a certain types of industries are allowed in a particular sub-region. For instance, a plant manufacturing high-technology products could be allowed in the most urbanized sub-region. All manu-facturing plant in the Capital Region which has ares size of larger than 200"\;"$m^2$ is compulsory to register to the local government office. In practice, however, it is not common or sometimes almost impossible to get approval for many applicant manufacturers because of strict regulations. There have been increasing number of plants in the Capital Region during last several decades, despite the strict regulations. Many of those newly established plants are without formal registration at the local administration office. howerver. These are so called 'unregisterd' plants. Surveyed data and many government official data show that many of unregistered plants have been established in recent years. which indicate that current regulations are no longer effective. The number of unregistered plants are increasing tin the Capital Region because of many locational advantages in the region for plants, particularly those in small scale. Unregistered plants are the source of many problems, such as local water pollution or noise pollution in residential areas. There are also many administration problems, bed\cause they are not registered. The central government has attempted to cure the problems of unregistered plants. For example, the government allowed a unregistered plant to remain at present site for three ydars, if it met certain conditions in three years. However, this program was unsuccessful because many of those plants were not able to meet the concitions. Three times the government renewed the term for those which did not meet conditions since 1989, but it was afraid to be without success. There are many evidences that current policies to control manufacturing plants are not effective. The Capital Region must face mounting problems if ploicies are not reformed soon. This study suggests that the policy of the Capital Regional Planning has to be reoriented to provide more favorable policies for manufacturing plants in the Capital Region than current regulations which is aimed to restrict manufacturing activities. It is time to improve many existing problems in the region through reforms and of current regulations to foster unregistered plants. This study also proposes many smaller-area sub-divisions instead of current three large area sub-regions which is too broad to apply single kind of regulation, or codes. Flexible regulations and codes can be applied to such a small-area sub-divivisions based on location and industrial characteristics of the individual sub-divisions. It is necessary to provide decent industrial environment in the Capital Region, which is best equipped to provide many favorable industrial locational factors in the nation, thus this nation can be further prepared to compete in an inter-national market at an era of globalization in manufacturing.

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A Study on the Outcome in Labor Market of Provincial University Graduates (지방대학 졸업생의 노동시장 성과 분석 : 수도권대학 졸업생과의 비교)

  • Ryu, Jang-Soo
    • Journal of Labour Economics
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    • v.28 no.2
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    • pp.1-27
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    • 2005
  • This study intends to analyze outcomes in labor market of students who graduated from provincial colleges. And For this aim, this study used 'Youth Panel Data' (2001, 2002) of HRD Korea Work Information Center. The reference groups are students who graduated from capital region colleges. The main results of this study are as follows. Students who graduated from provincial colleges have difficulty in acquiring job information than capital region college graduates. And students who graduated from provincial colleges get first job in smaller firm than capital region college graduates. The monthly wage level of students who graduated from provincial colleges is less than that of capital region college graduates. And the outcomes in labor market of students who graduated from Chungcheong region colleges are better than those of students who graduated from Yeongnam region and Honam region colleges. As results of this study show, there are differences between provincial college graduates and capital region college graduates. And there are differences between Chungcheong region college graduates and another region (namely, Yeongnam region and Honam region) college graduates.

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A Study on the Land Demand and Supply System in the Capital Region of Korea (수도권 토지수요와 공급체계 분석 연구)

  • Ahn, Jung-Geun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.7 no.6
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    • pp.1277-1283
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    • 2006
  • The demand of urban land in the Capital Region will be increased by the national economic growth of Korea. However, the available land for residential, commercial, and industrial should be limited in Capital Region, and the system of land supply for the urban land doesn't work effectively in the Capital Region. This research aims to forecast land demand in Capital Region based on the analysis of number of residents as well as housing units, and to suggest desirable land supply directions based on the analysis of land supply regulations and controls. This research concludes that it is demanded $293km^2$ of residential site for the construction of 1.27 million housing units by the year of 2010, and the change of land use from agricultural to residential is very restricted so that it may not supply urban land flexibly and appropriately. Thus, it is necessary to improve not only the system of land use controls but also cooperation among public agencies for the rational operation of land supply system.

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An Influence Analysis of the Social Capital and Participation Intention by the Regional Capacity Building for Rural Regional Development (농촌지역개발 지역역량강화사업이 사회적 자본형성과 사업참여의도에 미치는 영향)

  • Hwang, Young Seob;Cho, Tong Buhm
    • Journal of Korean Society of Rural Planning
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    • v.27 no.1
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    • pp.43-56
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    • 2021
  • Social capital is the basis for enabling regional development, and although it is the result of regional development that produces greater productivity through the combination of human and material capital, there is a lack of discussions in connection with rural development. This study saw that the local capacity building project affects the social capital of the local residents and such social network is realized through the rural area development project based on the participation of the residents. As a result of the analysis, the regional capacity building project has a positive influence on the social capital of the region and the willingness to participate in the project, and bridge-type social capital has shown a mediating effect on education and consulting fields. Only when local social capital, especially bridge-type social capital, is cultivated through the regional capacity building project can the project be transformed into one suitable for local conditions through active participation of residents.