• Title/Summary/Keyword: GRDP

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The Effects of the Urban Spatial Structure on Traffic Congestion Costs (도시의 형태가 교통혼잡비용에 미치는 영향연구)

  • Lee, Tae-Kyung;Won, Jae-Mu
    • International Journal of Highway Engineering
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    • v.13 no.3
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    • pp.147-156
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    • 2011
  • Since the urbanization process has been taking place, negative outcomes such as environmental pollution and traffic congestion have produced as well. Reflecting the phenomenon, our study assumed that physical structure of urban form were implicit in relation to both economic performance and cost. It can be interpreted that as the urban space has been growing bigger, economic performances such as regional product output, economy of scale and the effect of agglomeration economies are increased. On the contrary, the negative effects such as environmental pollution and traffic congestion were incurred as economic loss and expenses. It means that even though economic performance can help increase regional product output, we should consider the loss on economic expenses which are paid for social problems such as environmental pollution and traffic congestion, which are caused by urbanization. Therefore, this study aims to statistically validate the relationship between traffic congestion as the most representative economy costs and physical characteristics of urban in a large city such as Seoul and to suggest its implications. As a result of model development for empirical analysis, GRDP(0.604), the population(0.582), employment GINI coefficients(0.296), population GINI coefficients(0.254) in order led to congestion cost. We can come to the conclusion that in case of scale factor such as the population, if the population tends to concentrate, urban becomes more crowded and that if GINI coefficients (the population, employment) which are variable on inequality according to region have the disparity with surrounding areas, congestion cost is caused a lot on account of movement related with employment. In addition, this phenomenon was caused if both the population and employment were geographically biased on one side.

An Analysis on the Effect of Policy Using Macro-economic Forecasting Model of Jeju (제주지역 거시경제 전망모형을 이용한 정책효과 분석)

  • Ko, Bong-Hyun
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.21 no.5
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    • pp.458-465
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    • 2020
  • The purpose of this study is to analyze the effect of policy in Jeju, using a macro-economic forecasting model of Jeju. First, the model's reality explanatory power improved by updating its statistics to 2017 and expanding new policy variables and modules. Also, the industrial structure of the model was further subdivided and extended to be considered simultaneously in the demand side of Keynesian theory. Second, it was determined that the predictive power for the model of this study was better than that of the existing model. However, with some endogenous variables, it was possible to identify implications that should be developed and considered when the model is improved with additional data in the future. Third, when the second airport construction was considered, it was observed that its effect was an increase of 1.25 times for GRDP, 1.2 times for employment, 1.48 times for private consumption, and 2.06 times for investment. Also, the economic growth rate was estimated to be 1.6% point higher than when the second airport was not constructed. Finally, the results of this study are expected to be used for policy decision making of the Jeju Government.

A Study of Structural Changes in the Seoul Metropolitan Area's Economy Since the 1990's : A Decomposition Analysis of Labor Productivity (1990년대 이후 수도권 경제의 구조적 변화에 관한 연구 : 노동생산성의 요소분해를 중심으로)

  • Jeong, Jun-Ho
    • Journal of the Korean association of regional geographers
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    • v.11 no.1
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    • pp.83-100
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    • 2005
  • The Seoul Metropolitan Area's economy has undergone structural changes since the 1990s. With recent structural changes in the Korean economy in mind, this paper employs a decomposition analysis of Gross Regional Domestic Product per head and labor productivity to examine how the region's economic performance has changed relative to that of Korea since the 1900s. There are some findings. First, a strong cumulative causation process, derived from industrial linkages and agglomeration effects, has oocurred in the Seoul Metropolitan Area, widening economic disparities between the Seoul Metropolitan Area and the other regions especially since the Korean financial crisis in 1997 mainly due to Gyeonggi province's overwhelming cumulative GRDP growth relative to the national average. Second, the Seoul Metropolitan Area has begun w display good economic performance in terms of labour productivity relative w the national average since the late 1990s, with the region's industrial upgrading being implemented. Finally, manufacturing, financial intermediation and communications have made sensitive contributions to relative Seoul Metropolitan Area's labor productivity growth.

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An Analysis of the Determinants of Foreign Direct Investment in the Western China, 1990-2007 (중국 서부지역 외국인직접투자(FDI)의 결정요인에 관한 분석: 1990-2007 기간을 중심으로)

  • Peng, Xian-Feng;Choi, Sung-Il
    • International Area Studies Review
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    • v.15 no.3
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    • pp.471-491
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    • 2011
  • This study is to analyze the determinants of inflow FDI with panel data of 12 provinces in western region of China for the period, 1990-2007, from the perspective of market-oriented FDI and production-efficiency-oriented FDI. The empirical findings are following. First, the empirical results prior to the start of western development program show that the GRDP, the intense of industrialization and university graduates per 10,000 residents have positive coefficient signs at the significant level, while wage level has a negative and significant value. Second the empirical results using the data after the launching of the western development program show that the GRDP, the intense of industrialization have positive relations with FDI, while openness in terms of the ratio of international trade to GRDP and the wage level have negative coefficients. Finally, this thesis finds that the empirical results for both periods are very similar, which suggest that the economic structure in western region has not changed significantly even though almost a decade passed since the western development program launched.

A Study on the Development of Regional Innovative Capability Indices Using Fuzzy Multi-Criteria Decision Making (퍼지다기준 의사결정기법을 이용한 지역혁신역량지수의 도출)

  • Heo, Jae-Yong
    • Journal of Technology Innovation
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    • v.16 no.1
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    • pp.1-21
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    • 2008
  • We attempt to make regional innovative capability indices for overall understanding of regional innovation. We'll analyze various indicators on it using fuzzy set theory and compare regional innovative capabilities of 16 regions in Korea. The fuzzy set theory can reflect more normally the uncertainty of the stakeholder's responses than other decision making analysis methods. The overall results suggest that experts on regional innovation rank GRDP most important and Daejeon is the most innovative region. Building up regional innovative capabilities should be made for more balanced national land development.

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The Regional Economic Growth Strategy Based on the Characteristics of Local Public Finance of Gyeonggi-do (경기도 재정력 변동의 특성에 따른 경제성장 전략 연구 -다양한 지역구분에 따른 실증분석-)

  • Park, Wan Kyu;Ji, Ann Cho;Song, Il Hwan
    • Journal of the Economic Geographical Society of Korea
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    • v.20 no.1
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    • pp.84-104
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    • 2017
  • In this study, we divided Gyeonggi-do into Northern, Southern, Western, and Eastern Parts and found out fiscal variables which affected regional economic growth of each Part differentially. And we drew the strategy for economic growth of each Part. After we found out the variables which affected regional economic growth using fixed-effect model, we carried out causality test to determine whether a specific fiscal variable caused economic growth. In the Eastern Part, local tax revenues had a significant effect on the economic growth. Total expenditures, current expenditure in the Southern Part and social welfare expenditure, expenditure on industries, current expenditure in the Northern Part had noticeable effects on economic growth respectively. And we calculated multipliers of fiscal variables to compare the magnitudes of effects among these Parts.

Relationship between Retirement Migration and Economic Development of Rural Communities in Korea (은퇴인구 유입과 지역경제 활성화와의 관련성 분석)

  • Yoon, Soon-Duck;Park, Gong-Ju
    • The Korean Journal of Community Living Science
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    • v.18 no.3
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    • pp.455-467
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    • 2007
  • Recently, there has been a gradual growth of retired in-migrants in high-amenity, rural areas in Korea. However, little has known about that the retirement migration is a blessing or a blight for a local economy in Korea. Therefore, in this study, we intend to explore the relationship between retirement migration and economic development of rural communities in Korea. For this purpose, we used the 1995 and 2000 census data and annual regional statistics for 138 counties in Korea. Based on the previous empirical studies, economic development was measured by 3 indicators such as GRDP (Gross Regional Domestic Product), job creation in the wholesale and retail sector, and the increase of local tax. Also, cross-tab, scatter plot, and correlation were analyzed using the SPSS Windows Program. The finding are as follows: First, from 1995 to 2000, nearly 11 percent of rural counties showed 10 percent and over increase of in-migration rate among retirees. Second, correlation statistics showed a close relationship between retirement in-migrant flows and economic resurgence. In particular, retirement in-migration rates were significantly tied to the job creation of the wholesale and retail sector (r=.19, p<.05) as well as car ownership rate (r=.58, p<.001) resulting in the increase of local tax. However, there was non-significantly positive correlation between retirement in-migrant flows and GRDP change (r=.13). Knowledge of these relationships will be important to policy-makers and for understanding the role that retirement in-migration play in stimulating economic growth of rural communities in Korea.

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A Study on the Heterogeneity of Leisure Travel Time between Elderly and Non Elderly People - Focusing on urban and rural areas in south Chungcheong province - (고령자와 비고령자의 여가통행시간 이질성 연구 - 충남 도시권과 농어촌권을 중심으로 -)

  • Kim, Wonchul
    • The Journal of The Korea Institute of Intelligent Transport Systems
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    • v.12 no.5
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    • pp.87-97
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    • 2013
  • This study tried to explore the quantitative travel heterogeneity between elderly and non elderly people, focusing on urban and rural areas in south Chungcheong province. For the analysis, a PLS(Partial least square) model is applied with economic and traffic environment characteristics of the urban and rural areas. The characteristics of elderly and non elderly people in the urban and rural areas are derived from the 2011 person trip survey. As a result, the study found out that the key factors affect on elderly people in the urban and rural areas are bus operation interval, number of bus operation routes, number of household member, and a monthly average income of household. In case of non elderly people, areas economic factors such as GRDP, the rate of economic activity, and employment status as well as those of elderly people. Meanwhile, female elderly people in rural area have more sensitivity compared to male elderly people and the gender heterogeneity is not revealed in non elderly people.

Characteristics of GHG emission according to socio-economic by the type of local governments, REPUBLIC OF KOREA (지자체 유형별 사회경제적 특성에 따른 온실가스 배출특성 분석)

  • Park, Chan;Kim, Dai-Gon;Seong, Mi-Ae;Seo, Jeonghyeon;Seol, Sunghee;Hong, You-Deog;Lee, Dong-Kun
    • Journal of Environmental Impact Assessment
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    • v.22 no.3
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    • pp.195-201
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    • 2013
  • Local governments are establishing their own greenhouse gas reduction goal and are playing a important role to respond to climatic changes. However, there are difficulties in quantitative analyses such as estimation of future greenhouse gas emission and computation of reduction potential, which are procedures required to establish mid to long term strategies to realize of low carbon society by each local governments. Also, reduction measures must reflect characteristics of each local government, since the reduction power of each local government can differ according to characteristics of each. In order to establish strategies that reflect characteristics of local governments, types of greenhouse gas emission from cities were classified largely into residential city, commercial city, residential commercial city, agriculture and fishery city, convergence city, and industrial city. As a result of analyzing basic unit of greenhouse gas emission by local government during 2007 in terms of per population, household and GRDP based on the type classification, significant results were deduced for each type. To manage the amount of the national greenhouse gas, reduction measures should be focused on the local governments that emits more than the average of each type's GHG emission.

Dynamic Analysis on the Host regional Effects of before and after Mega-Events (메가 이벤트 개최 전후 개최지역에 미치는 효과에 관한 동태적 분석)

  • Park, Bok-Jae;Moon, Young-Soo
    • International Commerce and Information Review
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    • v.17 no.1
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    • pp.289-307
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    • 2015
  • This study was to analyze dynamics of host regional effect in accordance with Mega-events. Yeosu Expo, 2012 was the Mega-event, and dynamic changes in economic indicators such as number of tourists, GRDP, employment rate, and real estate price were analyzed before and after the event. The Mega-event affected positively and increased on the number of tourists. While GRDP affected positively only right before the event, and the employment rate was not significantly affected by the event. The real estate price was increased from the announced time of hosting to the event held, but later decreased. This study suggested the comprehensive method for analyzing the effect of Mega-event and there was a cyclical causality among the result variables.

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