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The Relationship between Korean Construction Industry and GDP in Economic Development Process

한국경제성장과정의 건설산업과 GDP의 관계 분석

  • Choi, Dal-Sik (Oversea Department of Sambo Engineering Co. Ltd.) ;
  • Le, Hoai (Department of civil Engineering, National University of Hochiminh city Vietnam) ;
  • Lee, Young-Dai (Department of Civil Engineering, Pukyung National University)
  • 최달식 ((주)삼보기술단 해외사업부) ;
  • ;
  • 이영대 (부경대학교토목공학과)
  • Received : 2013.05.20
  • Accepted : 2013.10.04
  • Published : 2013.11.30

Abstract

Construction industry is broadly agreed as one of the most important sectors of any economy around the world. In this paper, time series data of Korean construction industry and Korean economy are examined. The Bon's proposition will be inspected for Korean context using both cross-sectional and longitudinal analyses. The analysis of the longer than four decades national account statistic of the Korean macro economy verify Bon's proposition of an inverted U-shaped relationships. The verified U-shaped relationships for Korean context exist not only in terms of the construction share in total GDP but also in terms of total construction volume as an economy develops from LDC to NIC and then to AIC eventually with time. The results of the thesis show that the contribution towards the macro economy has varied across different stages of development.

한국의 거시경제의 발전과정에서 건설산업의 역할과 관련성을 연구하고자 한국은행의 40년(1970년~2011년) 동안의 분기별 GDP상의 건설산출물과 GDP 시계열자료를 통계기법(ANOVA분석, 회귀분석, 종단분석 및 횡단분석 등)을 사용하여 분석하였다. 분석결과 한국의 건설산업은 Bon이 제시한 역 U 자형의 곡선 관계를 나타었고 이 입증된 역U 형의 관계는 건설산업의 GDP 내 비중에서 뿐만 아니라 저개발국단계와 신흥산업국으로의 단계를 지나 선진국단계에 까지 진입했음을 보여주었다. 인과관계검증결과 실GDP 성장률이 한국건설산업의 실질증가를 이끄는 것으로 나타났으나 역 방향으로는 나타나지 않았다. 또한 한국의 건설산업발전도 다른 선진국의 건설산업 성장의 경우와 유사한 형태로 나아갈 것으로 예상되고 있다.

Keywords

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