• Title/Summary/Keyword: Regional Economic

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An Effect of Port-related Industry on Regional Economy (항만관련산업이 지역경제에 미치는 영향)

  • Jeong, Boon-Do;Hong, Geum-Woo
    • Journal of Korea Port Economic Association
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    • v.25 no.3
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    • pp.303-320
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    • 2009
  • Korea has achieved a remarkable growth by pursuing externally-oriented growth policy since 1960s. That is, we imported raw materials and spare parts, manufactured them into products and exported them, which led to successful economic development. Therefore, our marine business has played an important roles as one of key industries. The development of marine business has contributed to efficient distribution and cost reduction in addition to production of added value and creation of employment creation, which improved external competitive power. In spite of economic importance of marine business, national perception on it is in general low and its developmental conditions are considerably poor. Therefore, this study aims to speculate the effect of Port-related business on regional economy using regional input-output tables.

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The Economic Effect of the Public Financial Expenditure on the National Industrial Complexes (국가산업단지에 대한 재정지출의 경제적 효과)

  • Park Won Seok
    • Journal of the Korean Geographical Society
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    • v.40 no.1 s.106
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    • pp.47-62
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    • 2005
  • This paper aims at analyzing the economic effect of the public financial expenditure on the national industrial complexes. Since public finance support is indirectly supplied to the national industrial complexes, the economic effect of the public financial expenditure on the national industrial complexes may be analyzed indirectly and circuitously In this contort, this paper uses 3 stage analysis method. In the first stage, the economic effect that the public financial expenditure influence the allotment, production and employment of companies residing in the national industrial complexes is analyzed by multiple regression analysis. In the second stage, the economic effect that the investment on the national industrial complexes influence the national and regional economies is analyzed by multiple regression analysis. In the third stage, the economic effect of the public financial expenditure on the national industrial complexes is analyzed through the compromising the results of the first and second stage. The main results of this paper are as follows. Firstly, public financial expenditure on the infrastructure of national industrial complexes leaded to positive growth of the allotment of companies residing in the national industrial complexes. Additionally, growth of the allotment of companies leaded to the positive effect on the production and employment of companies. And secondly, growth of the allotment of companies leaded to the positive effect on the gross regional domestic production. Finally, financial expenditure on the infrastructure of national industrial complexes leaded to positive effect on the national and regional economic growth through the compromising the results of the first and second stage.

The Spatial Characteristics of Inter-Firm Linkages and Networks in Border Region of Gyeonggi Province (접경지역 기업의 연계 및 네트워크의 공간적 특성)

  • 박삼옥;이현주;구양미
    • Journal of the Economic Geographical Society of Korea
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    • v.7 no.2
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    • pp.227-244
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    • 2004
  • The purpose of this study is to analyze the spatial characteristics of inter-firm linkages and innovation networks of firms which are located in Gyeonggi border regions. Through this analysis, this study aims at understanding the spatial characteristics of economic activities of firms in Gyeonggi border regions. More importantly, this study focuses on revealing how the spatial characteristics of economic activities of firms affect future growth potentials of firms and regional economic growth. The main findings of this study are as follows. According to the analysis of spatial material linkages, the firms in both footloose location and industrial complex are all proven to be strongly dependent on the Capital Region. Owing to the weak level of the local material linkages, the effects on regional economic growth are limited. But firms in industrial complex contribute more to regional economic growth. The analysis of spatial employment linkages shows that the local linkages are comparatively strong. But the differentiation of residences weaken the positive effects on regional economy. As a concluding remark, the harmony with local linkages and non-local linkages is required to promote future growth potentials of firms and regional economic growth.

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A Study on National Development & Balanced Development by Region - Mainly Interrelation between Economic growth and Balanced Regional Development - (국가발전과 지역균형발전에 관한 연구 - 경제성장과 지역균형발전의 상관관계를 중심으로 -)

  • Kim Nam-il
    • Journal of the Korea Society of Computer and Information
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    • v.10 no.2 s.34
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    • pp.205-213
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    • 2005
  • A balanced regional development has a great meaning of economics in the fact that the People could enjoy the equal level of lift everywhere in the country by reducing the income disparity and economic productivity between regions, however as the our country was given Preponderance of economical power and development to the metropolitan area centering around Seoul due to a factor of politics, social structure as well as a national economic policy centering around a rapid economic growth, the unbalanced regional growth gave rise to great hindrance to a national development. Especially, the unbalanced 9rowth between regions gave rise to a sense of alienation to a citizen in a special region as well as a distortion of an effective resources distribution. therefore it was deepen a social discord to hinder the unity of the people due to always coming to involve social ,political affairs. The major contents of this study is to clarify relations between the economic growth and the balanced regional development to form a concept of a national development, and this thesis made disparities in population and convenient facilities between regions through change of convenient facilities of life, economic growth, and population between regions an analytic object to concrete the studies. Also, this thesis made a whole countw land an analytic object of spatial sphere. and it made a unit of ten years when the five-year economic development plan was achieved from the year 1962 to 2001 an otject of the time range of studies.

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A Study on the Estimation of Chungbuk Quarterly GRDP by Using Small Area Estimation (충청북도 분기별 GRDP 추계방안 연구: 소지역 추정법의 적용)

  • 이계오;김윤수;유정빈
    • Proceedings of the Korean Association for Survey Research Conference
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    • 2001.04a
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    • pp.131-152
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    • 2001
  • In this Era of Information and Localization, Gross Regional Domestic Product(GRDP) is recognized as indispensable informatin to establish regional economic policy. Especially, to raise Chungbuk provinece´s economical independence and to establish effectual regional economic development plans. Chungbuk province needs quarterly estimated GRDP for developing regional economic forecasting system. In this study, utilizing small area estimation is proposed to estimate the quarterly Chungbuk-GRDP provided by the Bureau of Statistics and nation´s GDP provid by the Bank of Korea exists. Moreover, from the nation´s quarterly GDP in each section of economical activity, this study has presumed the quarterly comovement, applied it to subdivide Chungbuk annual GRDP quarterly, and estimated quarterly Chungbuk-GRDP.

A Study on the Estimation of Chungbuk Quarterly GRDP by Using Small Area Estimation (충청북도 분기별 GRDP 추계방안 연구: 소지역 추정법의 적용)

  • 이계오;김윤수;유정빈
    • Survey Research
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    • v.2 no.2
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    • pp.131-152
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    • 2001
  • In this Era of Information and Localization. Gross Regional Domestic Product(GRDP) is recognized as indispensable information to establish regional economic policy. Especially, to raise Chungbuk province's economical independence and to establish effectual regional economic development plans, Chungbuk province needs quarterly estimated GRDP for developing regional economic forecasting system. In this study. utilizing small area estimation is proposed to estimate the quarterly Chungbuk-GRDP. To estimate quarterly GRDP. this study assumes that the comovement between the annual Chungbuk-GRDP provided by the Bureau of Statistics and nation's GDP provided by the Bank of Korea exists. Moreover, from the nation's quarterly GDP in each section of economical activity, this study has presumed the quarterly comovement. applied ft to subdivide Chungbuk annual GRDP quarterly, and estimated quarterly Chungbuk-GRDP.

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Idiosyncratic Features of the Contemporary Regional Economic Architecture in Asia

  • Dilip, Dilip K.
    • East Asian Economic Review
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    • v.16 no.2
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    • pp.117-137
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    • 2012
  • The objective of this article is to examine the characteristic features of contemporary policy-led regionalism in Asia. It identifies the positive and negative features associated with the free trade agreements that have proliferated in Asia during the first decade of the $21^{st}$ century. There has been a marked transformation in Asia's regional architecture in a short span of a decade-and-a-half. The mode and conduct of multilateral trade has been significantly transformed during recent years and Asia could not possibly remain immune to this transformation. The importance of regionalism in multilateral trade has increased steadily. In addition, the trade-investment-services nexus has developed and grown increasingly important. As business firms now manufacture parts of their products across the border, bilateral trade agreements (BTAs), regional trade agreements (RTAs) and free trade agreements (FTAs) of the contemporary period need to take into account the new kind of trade barriers that have been created due to the changing mode of trade. The contemporary regional agreements need to be designed to facilitate the new modes of conducting business and trade. It was understood rather late in Asia that the 'WTO-Plus' FTAs are more functional and result-oriented than their predecessors.

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Opportunities and Challenges of Conversion of Sharia Regional Development Banks in Economic Development Efforts and Income Distribution

  • Rizal, Rizal;Nil, FIRDAUS;Ruslan Abdul, GHOFUR;Heni, NOVIARITA;Pertiwi, UTAMI
    • Journal of Distribution Science
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    • v.21 no.2
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    • pp.65-76
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    • 2023
  • Purpose: This study examines the opportunities and challenges of sharia-based regional development bank spin-offs in supporting economic growth and income distribution through a board of commissioner's approach. Research design, data, and methodology: The research design is qualitative research with the main data collection technique through in-depth interviews. Results: The results of the study show that Bank Nagari can support the performance of the West Sumatra government, especially in regional finance. The positive influence is shown in the benefit aspect of 31% and the opportunity of 28% which is the priority value. The challenges that must be faced are technology services, improving the quality of human resources, socialization, and application of local wisdom which is by the philosophical values of the people of West Sumatra Adat Basandi Syara' Syara' Basandi Kitabullah. Conclusions: It can be concluded that the local government of West Sumatra has an essential contribution to the conversion of Bank Nagari to RDB Syariah as a whole. The expected implication is that the local government and shareholders cooperate well in supporting the transformation to realize West Sumatra Mandani through the populist economy of the people of West Sumatra.

Packing Industry Realize Plan of Gwang Yang Bay (광양만권의 패키징산업화 구현 방안)

  • Park, Hong-Gyun
    • Journal of Korea Port Economic Association
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    • v.21 no.4
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    • pp.103-119
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    • 2005
  • For the selection of attraction industry of foreign investment in the free trade zone of Gwang Yang Bay, an overall consideration should be made considering aspects such as the industry development strategy of Gwang Yang Bay and the regional industry development strategy of the local government. For Gwang Yang Bay to grown into the E-Hub Port of Northeast Asia, the development of the back zone of should be accelerated. There is a need to offer custom made incentives for the core businesses. Packaging is a field of combined science and a future industry. Packaging industry, which has close association with regional industry and regional college's research human resources, should be combined with design and set up a packaging industry complex.

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Construction Industry Maturity Model

  • Kwon, Byung-ki;Lee, Hyun-soo;Park, Moonseo;Lee, Kwang-Pyo;Kim, Soo-young
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.445-449
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    • 2015
  • Construction industry is one of the most significant sector in national economic, but the portion of construction has been falling regularly with the regional development. In spite of decrease in economic portion, role of construction industry does not changed irrespective of development, as the foundation of development. To distinguish each state of the maturity, countries are grouped on GDP per capita, than compared with variance of GVA in construction and GFCF per GDP as level of construction industry. GVAc% and GFCF% shows corn-shaped plotting in increase of GDP per capita, and each value converge to around 20% and 5% as GDP per capita increase. The definition of maturity is consist of 4 stages; pre-developing, ascending, stabilization, and maturement. Maturity of construction industry is a term of broad sense of construction industry that is easily to figure current state of regional construction and shows what normal condition of construction is in regional economy.

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