• Title/Summary/Keyword: Regional Economic

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Analysis of Regional Economic Ripple Effects of Port Logistics Industry in Gwangyang City - Focusing on Exogenous Specified Input-Output Model - (광양시 항만물류산업의 지역경제 파급효과 분석 - 외생화 산업연관모형을 중심으로 -)

  • Kim, Min-Seong;Na, Ju-Mong
    • Journal of Korea Port Economic Association
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    • v.39 no.2
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    • pp.77-95
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    • 2023
  • The regional infrastructure industries of Gwangyang City, the subject of this study, are Gwangyang Port and Gwangyang Steel Mill. Therefore, it is necessary to analyze the regional economic ripple effects of the port logistics industry in Gwangyang City. In this study, a multi-stage approach using the RW and the LQ methodology using the national input-output tables in 2015 and 2019 is used to prepare the regional interindustry analysis chart in Gwangyang City, and an exogenous demand induction model that reclassified the port logistics industry was applied. Through this, the purpose of this study was to provide policy implications by figuring out the regional economic ripple effects of the port logistics industry quantitatively in Gwangyang City. As a result of the analysis, the industries with high production inducement effect and forward/backward linkage effect of the port logistics industry in Gwangyang City were analyzed as manufacturing, transportation, land and air logistics sectors. And the industries in which the added value inducement effect and the employment inducement effect were analyzed as an industry related to the service industry. Therefore, it is necessary to prepare support measures to foster the port logistics industry as a way to promote these industries and revitalize the local economy of Gwangyang City. To this end, it is desirable to improve policies and systems for the vitalization of the Gwangyang port maritime cluster and provide various policy support for the port logistics industry in Gwangyang City. This study is meaningful in suggesting policy implications for the regional economy of Gwangyang City based on the results of exogenous analysis of the port logistics industry in small and medium-sized cities. However, It seems that further studies related to this will be needed in the future.

A Study on Limits to Promoting SMEs Networking Policies for Urban Economic Development in South Korea: Centering on the Case of Daegu City (도시경제발전을 위한 중소기업 네트워킹 정책 활성화의 한계에 대한 연구 -대구광역시의 사례를 중심으로-)

  • Kim, Taewoon
    • Journal of the Economic Geographical Society of Korea
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    • v.16 no.3
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    • pp.472-491
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    • 2013
  • This research addressed limits to promoting SMEs networking programs, especially with universities, in the context of national and regional policies for urban economic development, centering on the case of Daegu City. In large cities such as Daegu City, the strategy focusing on promoting SMEs networking activities, utilizing the advantages of urban economy, is likely to be necessary for urban economic development in knowledge-based economy. However, national and regional policy direction for urban economic development relied on exogenous strategies attracting firms, and regional S&T policies focused on universities and research institutes rather than SMEs, being strongly initiated by central government. Thus, to promote policies supporting local SMEs networking in Daegu City was seen as being difficult. Under these circumstances, region-specific policies related to support networking activities of SMEs might be dealt with neglectedly.

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Effect of Housing Economic and Regional Characteristics on Life Satisfaction of the Elderly: Focusing on the Mediating Effect of Self-Esteem (주거의 경제 및 지역적 특성이 노인의 삶의 만족도에 미치는 영향 : 자아존중감의 매개효과를 중심으로)

  • Lim, Kwang-bin;Kang, Dong-hoon
    • The Journal of the Korea Contents Association
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    • v.18 no.4
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    • pp.467-479
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    • 2018
  • The purpose of this study is to understand the effects of housing economic and regional characteristics on the ife satisfaction and the self-esteem of the elderly and how their self-esteem mediates the effects of housing economic and regional characteristics on their life satisfaction. The main results of the study are as follows. First, housing economic characteristics such as housing prices, occupancy area per resident, and ratio of utility cost to total living costs had a significant effect on the elderly's life satisfaction and self-esteem, and the elderly's self-esteem mediated the effect of the economic characteristics of housing on the life satisfaction of the elderly. Second, residential area, a regional characteristic of housing, had a significant effect on the life satisfaction and self-esteem of the elderly, and the self-esteem of the elderly mediated the effect of the residential area on the life satisfaction. Thus, because elderly housing welfare policies related to housing economic and regional characteristics affect the elderly's life satisfaction, a psychological welfare, through a mediating effect of the elderly's self-esteem.

Determinants of Bank Credit Distribution in Supporting Regional Economic Growth in South Sulawesi Province

  • Emily Nur SAIDY;Muhammad AMRI;Sanusi FATTAH;Sri Undai NURBAYANI
    • Journal of Distribution Science
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    • v.22 no.8
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    • pp.17-27
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    • 2024
  • Economic growth is influenced by various factors, including support from the banking world in channeling funds ownedthrough bank credit which will be a stimulus from economic activities as a source of economic growth. Purpose: Thisstudy aims to analyze the determinants of bank lending in supporting regional economic growth in South Sulawesi Province. Research Design, Data, and Methodology: This study uses secondary data taken from banking data and analyzed using path analysis Data analysis is carried out using the help of SPSS statistical analysis tools. Results: Non-Performance Loan, Three Partied Fund, Inflation, Exchange Rate directly affect economic growth. For the analysis of the indirect effect of Non-performance loans and Three Partied Funds have an indirect effect on economic growth through lending while the Loan to deposit Ratio, Inflation and exchange rate do not indirectly affect economic growththrough lending. Credit disbursement has a positive and significant effect on economic growth Conclusion: Economicgrowth of a region is influenced by many factors and these factors are influences from the banking world, the results ofthis study show that economic growth is strongly influenced by bank support through lending to support the economy by considering other factors such as interest rates and currency exchange rates

Assessing Liberalization and Deep Integration in FTAs: A Study of Asia-Latin American FTAs

  • Wignaraja, Ganeshan;Ramizo, Dorothea;Burmeister, Luca
    • East Asian Economic Review
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    • v.17 no.4
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    • pp.385-415
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    • 2013
  • Inter-regional free trade agreements (FTAs) - notably between Asia and Latin America - are growing in numbers and complexity. There is an absence of an agreed methodology for empirical assessments on the content of FTAs and little research. This paper proposes a framework to assess liberalization in FTAs in goods and services and new trade policy issues relating to regulatory barriers. Next, it applies this framework to studying the 22 Asia-Latin America FTAs in existence. The findings suggest that Asia-Latin American FTAs have laid the foundations for inter-regional integration by liberalizing the trade in goods and services and reducing some regulatory barriers. Deepening FTAs and adopting structural reforms will enhance Asia-Latin American integration in the future.

STEM Education and Sustainable Growth in Regions: Lessons Learned from the U.S. WIRED Program Evaluation

  • Jung, Yu Jin
    • World Technopolis Review
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    • v.3 no.3
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    • pp.153-164
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    • 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.

The Impact of Japan's Rivalry with China on Its Willingness to Pursue Free Trade Agreements

  • Chum, Sonya
    • East Asian Economic Review
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    • v.18 no.3
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    • pp.215-251
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    • 2014
  • This study explores the main causes that have led Japan to conclude an FTA with ASEAN. This paper appraises Japan-ASEAN relations and shows that closer relations between Japan and ASEAN have provided momentum for the launch of Japan's FTAs with ASEAN. Consequently, this paper explores the origins and progress of Japan-ASEAN FTA, as well as the strategies and initiatives embraced by Japan in its FTA negotiations with ASEAN. By examining the domestic, regional, and global factors that led to the launch of the Japan-ASEAN FTA, this paper concludes that the strategies adopted were primarily aimed at its main rival, China. The rivalry has resulted in both positive and negative consequences for East Asian Regional economic environment. The negative consequences include the creation of a "spaghetti bowl", which increases costs for Japanese firms operating abroad, and "slows down the progress of the creation of an effective single regional institution".

The Effect of Designation of Korean Enterprise Zone on Regional Economic Vitalization (한국형 엔터프라이즈존 지정이 지역경제 활성화에 미치는 영향)

  • Lee, DongSung
    • Journal of Urban Science
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    • v.9 no.2
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    • pp.57-62
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    • 2020
  • The United Kingdom and the United States are designating and implementing enterprise zones for the purpose of promoting the revitalization of the local economy. However, there are still mixed views on the effectiveness of the Enterprise Zone's policies. At this point, the purpose of this study is to look at policies in the form of enterprise zones in the country and see how these policies affect the revitalization of the local economy. As a result of the analysis, the areas designated as enterprise zones were becoming more economically vitalize than those that were not. In addition, it was analyzed that redundant designation of enterprise zones has a greater effect on regional economic revitalization than single designation.

Modeling of Regional Management of Innovation Activity: Personnel Policy, Financial and Credit and Foreign Economic Activity

  • Prylipko, Sergii;Vasylieva, Nataliia;Kovalova, Olena;Kulayets, Mariia;Bilous, Yana;Hnatenko, Iryna
    • International Journal of Computer Science & Network Security
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    • v.21 no.11
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    • pp.43-48
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    • 2021
  • The article proposes a method of modeling a comprehensive indicator for evaluating the effectiveness of regional management of innovation activity. This will make it possible to assess the effectiveness of personnel, financial and credit and foreign economic activity of the regions from the standpoint of an integrated approach. The modeling technique is proposed to be carried out using the tools of taxonomic analysis and the calculation of a complex indicator of the effectiveness of the innovation activity management.

The Ebb and Flow of Regional Integration Vision in Asia-Pacific: From a Lens of Leaders' Declarations over 30 Years

  • Jeongmeen Suh
    • East Asian Economic Review
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    • v.27 no.4
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    • pp.303-325
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    • 2023
  • This paper examines how APEC has transformed itself into an international forum for the vision of regional integration. It aims to quantify the documentation produced by the international organization and provide quantifiable evidence that aligns with prior knowledge rather than relying solely on intuition. For this purpose, I use various text mining techniques to extract multi-dimensional features from the text of APEC Leaders' Declarations from 1993 to 2023. In terms of interest and expectations for APEC as a forum, it is found that members have experienced two major peaks and troughs over the last three decades. It is found that the change point coincides with the Asian financial crisis of 1997 and the tensions between the United States and China since 2017. To explore more various aspects of economic integration in the Asia-Pacific region, this study also considers how consistently APEC has been an international forum for addressing issues, which members are active, and how members have clustered based on their views of APEC.