• Journal of the Korea Academia-Industrial cooperation Society
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• v.15 no.4
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• pp.2085-2092
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• 2014

This study aims at finding the effects, problems and implication of the regional economic growth led by regional strategic industries in the Chungnam Province. It identifies the contribution of regional strategic industries in the regional economic growth even though there is somewhat difference between the sub-sectors of the industries. It also finds out some problems with the selection and implementation processes. In order to improve the regional industrial policy, it need to apply portfolio type of regional industrial development strategy on according to the typology of the industrial growth stages.

• Journal of the Korean Regional Science Association
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• v.35 no.2
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• pp.73-86
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• 2019

The purpose of this paper is to empirically analyze the effects of related and unrelated varieties of industry and occupation on regional economic growth. Recent studies dealing with the mechanism of economic growth argue that occupation as well as industry act as the driving force of regional economic growth by inducing knowledge externalities. Therefore, this study comprehensively analyzed the effects of occupational diversity along with industrial diversity. For the empirical analysis, we set the regional labor market areas as the spatial units of analysis. Dependent variables include regional per capita GRDP and employment growth between 2010 and 2015, and related and unrelated variety of industry and occupations measured based on the entropy approach are used as key explanatory variables. Our empirical results show that the related variety of industry has a positive effect on per capita GRDP in the region, and the related variety of occupation has a positive effect on regional employment growth. On the other hand, the unrelated variety of industries shows a negative correlation with regional employment growth. Based on the empirical results, this paper provides regional policy implications for strengthening economic vitality by dividing the diversity of industry and occupation into related and unrelated varieties and analyzing how they affect regional economic growth.

• KSCE Journal of Civil and Environmental Engineering Research
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• v.28 no.5D
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• pp.713-721
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• 2008

The aim of this study is to analyze the spatial association of regional economic growth and land use considering 5 plus 2 regional economic sphere (Capital region zone, Chungchung zone, Honam zone, Daekyung zone, Dongnam zone and kangwon zone, Jejudo zone) in Korea. The factors of regional economic growth are GRDP and the rate of self-finance and land use, especially industrial and manufactering zone. The data for this research are obtained by National Statistical Office web-site etc. For this, the Seemingly Unrelated Regression(SUR), as a kind of simultaneous equation model, is employed as empirical analysis. Overall results of this study show that the spatial association of the capital region zone and other zones is complementary. but Honam zone and Dongnam zone or Daekyung zone is competitive. We conclude from this study that the policy of regional development will be considered in accordance with the regional economic growth and land use. Also, this study found that Economic growth of regional economic sphere will be achieved from that of cities within zone and the results will be helpful to policy makers and regional planners when establishing regional planning in the future.

• Journal of the Korean Data Analysis Society
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• v.20 no.6
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• pp.2981-2991
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• 2018

The purpose of this paper is to examine the effect of local festivals on regional economic growth through empirical analysis of festival - economic growth relation. Theoretically, the theory of creative city is at the center of the discussion as to how festivals can influence economic growth. We used the regional convergence equation and used pooled OLS, fixed effect model, and GMM estimation method to analyze the effect of festivals on regional economic growth. According to this empirical analysis, the effect of festival variables such as the number of festivals and the festival period on economic growth has not been affected. This suggests that the effects of festivals on productivity and efficiency have not existed. This implies that the creative city theory that local festivals influence regional economic growth does not work well.

• Journal of the Economic Geographical Society of Korea
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• v.8 no.2
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• pp.285-299
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• 2005

The economic reform in China since 1978 has been increasingly sped up and deepened. The recent development of private enterprises, especially, has significant economic and political implications, whereas its regional differentiation has considerable impacts on both the development potential of certain regions and overall regional growth pattern. This study aims to understand the regional pattern of private enterprise growth as well as the institutional change which has structured the growth process. The development of private enterprises turned out to be closely tied to the marketization strategy of dual-track system and policy needs to reduce the unemployment level in both urban and 겨ral China. The regional pattern of the private enterprise growth can be characterized as ever-increasing spatial differentiation. Based on the basic statistical analysis results, it is argued that the private enterprise growth is closed related with the marketization level of the regional economy. Therefore, the strategy of developing private sector will be more important in shaping the regional development path as well as potential.

• Journal of the Korean Regional Science Association
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• v.36 no.3
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• pp.29-40
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• 2020

The aims of this study to identify the relationship between regional economic growth and intraregional regional disparities. The 16 metropolitan area, the Capital region and the southeastern region of Korea were put in the spatial scope and the time range from 2005 to 2016. Regional gross domestic product data were used to show regional growth and intraregional disparity. Panel data for each spatial unit were established, panel unit root test and panel cointegration test were conducted to check the stability of the data. The DOLS method was used to identify relationship between regional economic growth and intraregional disparity, and the VECM model and Granger causality test was conducted to verify causality. The result of analysis of 16 metropolitan area units showed that the intraregional disparity increases as regional economic growth progresses. When the regional gross domestic product increased by 1%, the intraregional disparity increased by 1.258%, and there are short-term and long-term causality. Both the Capital region and the southeastern region had a mutual relationship between regional economic growth and intraregional disparity, but the disparity in the Capital region showed an increase and the southeastern region showed a decrease. The results of this study show that the regional disparity is increasing nationwide, but the Capital region and the southeastern region showed different stages of growth.

• 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.

• Journal of the Korean Regional Science Association
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• v.10 no.1
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• pp.39-52
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• 1994

This paper primarily aims to analyze the growth rate differentials of the economic activities in chung-Nam area. The research has been undertaken to find out the potentials of the economic activities and economic bases in the area. To analyze the economic potentials of the industries, the study employed the economic Growth Rate Differential Analysis by Henderson which is revised form of Shift-Share Analysis Methods. The research employed the employment data according to the standardized two-digit-classification-system during the period of 10 years from 1981 through 1991. The Growth Rate Differential Analysis calculates Total Growth Differentials which are dicomposed into two parts: Weight Part and Rate Part. Total Growth Differential can be calculated as the difference between national growth rate and regional growth rate by industry. The foundings are as follows: First, the economic bases of Chung-Nam area were found to be very weak, largely depending on primary industries such as agriculture and fisheries. Second, there was a great decline in urban industries in Tae Joeon, Cheon An and other cities over period of 1971-1981. It is strongly recommended that the planned items and products of each industrial complex must be reorgnized in a fashion to match those with high competitive power found in this research.

• 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.

• The Journal of the Korea Contents Association
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• v.21 no.12
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• pp.310-321
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• 2021

The influence of regional economic growth on migration may also differ by age and generation age due to individual lifestyle. Therefore, this study analyzes an effects of changes in regional economic growth on migration between regions by age group. The result shows that the increase in the growth rate of the regional economy and job creation increased the net migration rate, regardless of age group. Second, it is found that the growth rate of the regional economy and job creation have a greater effect on the net migration rate for the youth population than for the middle-aged group. Third, it is found that the gap between regions in the level of individual income in the 25 to 29 years old and the level of land price fluctuations in the 40 to 64 years old affect the net migration rate. This implies that regional economic growth is still an important factor in the migration between regions, and has a great influence on the youth population.