• Title/Summary/Keyword: Regional economy

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Spatial Characteristics and Driving Factors Toward the Digital Economy: Evidence from Prefecture-Level Cities in China

  • WANG, Haita;HU, Xuhua;ALI, Najabat
    • The Journal of Asian Finance, Economics and Business
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    • v.9 no.2
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    • pp.419-426
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    • 2022
  • The digital economy is becoming an increasingly important source of regional competitiveness enhancement. The purpose of this research is to examine the spatial distribution characteristics of China's digital economy from 2016 to 2019. Moran's I analysis was performed to see if China's digital economy has spatial self-correlation. The Getis-Ord General G test was used to determine the clustering type of China's digital economy. In addition, we used OLS and GWR methodologies to figure out what drives China's digital economy level. The findings show that the digital economy is rapidly expanding throughout China; yet, there is a significant regional imbalance in the digital economy level in China, and the agglomeration of the digital economy is increasing over time. Furthermore, the findings reveal that human capital, information staff, telegram income, and Internet access are vital factors in the development of the digital economy. To close the digital economy gap, policymakers must invest in human capital and technology innovation. Simultaneously, the government must speed up the development and implementation of electronic information services.

A Conceptual Framework for the Sustainable Regional Ecosystem of Social Economy Enterprises: Reciprocity, Regard and Public Policy (사회적경제 기업의 지속가능한 지역생태계에 관한 개념 틀: 호혜, 배려와 공공정책)

  • Lee, Hongtaek
    • Journal of the Economic Geographical Society of Korea
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    • v.21 no.3
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    • pp.254-269
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    • 2018
  • The aim of this paper is to identify the components of the sustainable regional ecosystem of social economy enterprises (hereafter 'regional ecosystem'), and to explore the principles of reciprocity, regard and public policy, which have a fundamental impact on the development of such regional ecosystem. The regional ecosystem is an interactive system of the stakeholders who are related to the process of planning, producing, distributing and selling goods and services, and the agents who maintain and spread their social value orientation. This system operates through the interaction of 'local network (business relations and social relations)', 'intermediary organization' and 'public role.' On the basis of the conceptual framework on the regional ecosystem, the result of the in-depth analysis on the case of Gorang-erang Coop shows the interaction of reciprocity and public policy with respect to regard within the context of a characteristic of the regional ecosystem.

Regional Development Policy in Korea-Past, Present and Future (한국의 지역발전정책-과거, 현재, 미래)

  • Jang, Jae-Hong
    • Journal of the Economic Geographical Society of Korea
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    • v.12 no.4
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    • pp.576-596
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    • 2009
  • Recently the World Bank released its World Development Report 2009 (hereafter WDR 2009) with the title 'Reshaping Economic Geography.' In the report, the Korean experience in regional development policy was highly praised. Also, the current government has been trying to reshape the regional development policy in view of 5+2 Economic Regions. The main theme of this paper is how to establish the highly valueadding economic system and how to deal with scale economies for regional development. In this paper these tasks in Korea's regional policy were discussed with reference to the WDR 2009. Enhancing the density of the central city of each Economic Region, reducing the economic distance between cities and rural areas, and getting rid of the barriers to cooperation between provinces are the keys for the efficiency and the effectiveness of the regional policy. In addition, strengthening the national solidarity through collaborative development of 5+2 Economic Regions still remains as one of the major tasks of the Korean government.

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Economic Effects of Establishing a Logistic Free Zone in the Port of Busan (물류중심형 자유지대의 경제적 파급효과에 관한 연구 - 부산항을 중심으로 -)

  • Sohn, Ae-Hwi
    • Proceedings of the Korean Institute of Navigation and Port Research Conference
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    • 2000.11a
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    • pp.33.2-42
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    • 2000
  • This study probes the necessity of establishing a logistic free zone in Port of Busan. It considers the economic effects of establishing the logistic free zone of Busan Port, and suggests policy prescriptions for introducing the free zone system and improving the logistics functions of Busan Port. Using input-output table data, the regression analysis was able to provide a quantitative prediction on effects of making the Busan Port a tariff-free zone. Influence for the regional economy due to the enforcement of the free zone system this research found that a strong positive effects should be expected on the Busan regional economy once the logistic free zone would be set up at the Port of Busan. The positive economic effects on Busan regional industries might be further strengthened if the value-added logistics function of Busan Port could be supplemented by linking to the hinterland of Busan Port.

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Competitiveness Index of Regional Economy and the Characteristics of Regional Growth in Knowledge Economy: The Case of SCI(State Competitiveness Index) (지식기반경제에 있어 지역경제의 경쟁력 지표와 지역성장의 특성: 미국의 SCI사례를 중심으로)

  • Na, Ju Mong
    • International Area Studies Review
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    • v.15 no.3
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    • pp.285-306
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    • 2011
  • This paper analyzed the effects the regional competitiveness index on the characteristics of the regional growth. This study divides the regions in the US based on the static and dynamic standard of income for the characteristics of the regional growth. The results of the analysis are as follows. First some regions such as Alaska, Connecticut, Maryland, Massachusetts, Virginia, Washington and Wyoming have higher levels of SCI and both the rate of growth and per capita income than the national average. These are considered prosperous regions based on their high level of SCI. Second, in regards to the relation between the income level and regional competitiveness index for the regional growth, the variables such as human resource, science technology, business incubation, openness, safety and environmental policy are significant. Third, infrastructure, human resource, science technology and openness are the significant variables concerning the relation between the rate of income growth and regional competitiveness index for the regional growth.

The Impact of Value Chain Reorganization on Regional Economy: The Case of Daegu Cultural Contents Industry (클러스터의 가치사슬변화가 지역경제에 미치는 영향: 대구문화콘텐츠산업을 사례로)

  • Park, Kyung-Sook;Lee, Chul-Woo
    • Journal of the Economic Geographical Society of Korea
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    • v.13 no.4
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    • pp.601-622
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    • 2010
  • The purpose of this paper is to analyze the value chain reorganization of cultural contents industry cluster in Daegu city and its impact on the regional economy. To achieve this goal, this research examined the change of value added structure, institutional milieu and networks among regional innovators and their effect on value chain reorganization of cluster. The result shows that the scope of the value chain generating value added have been extended and the networks among regional innovators have been increased. Such value chain reorganization has a positive effect on the regional economy. In the context of public policy, however, the focus of industrial policies needs to generate cultural and institutional specificities in a given region and to strength Triple helix innovation system.

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The impacts of high speed train on the regional economy of Korea (고속철도(KTX) 개통이 지역경제에 미치는 영향 분석과 시사점)

  • Park, Mi Suk;Kim, Yongku
    • The Korean Journal of Applied Statistics
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    • v.29 no.1
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    • pp.13-25
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    • 2016
  • High-speed railway (Korea Train Express) has had a deep impact on the regional economy of Korea. Current high-speed rail research is mostly theoretical, there is a lack of quantitative research using a precise algorithm to study the effect of high-speed railway on the regional economy. This paper analyses the influence of high-speed rail on the regional economy, with a focus on the Daegu area. Quantitative analysis using department store indexes and regional medical records is performed to calculate the economic influence of high-speed rail. The result shows that high-speed railway effects the regional economy though regional consumption growth and medical care trends.

Do Leaders Matter? Effects of The Governor Vacancy on the Regional Economy (리더는 중요한가? 광역단체장 부재가 지역경제에 미치는 영향)

  • Hyun, Bohun;Kang, Changhui
    • Journal of Labour Economics
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    • v.42 no.4
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    • pp.59-88
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    • 2019
  • This study estimates causal effects of the governor vacancy on the regional economy, exploiting the case of exogenous governor vacancy in Korea. We find that the governor vacancy has a negative impact on the regional economy by lowering the employment rate and reducing the amount of credit card expenditures. Negative effects are more pronounced among vulnerable groups of the labor market such as women and aged 20~29 and 50~59. In addition, negative effects vary by characteristics of the governor. Negative effects of the governor vacancy on the regional economy show empirical evidence suggesting that leaders do matter.

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Basic Operational Grounds of Regional Financial Institutions in Pusan (부산지역 서민금융기관의 영업기반)

  • 최진배
    • Journal of the Economic Geographical Society of Korea
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    • v.6 no.2
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    • pp.377-402
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    • 2003
  • This study aims at analysing basic operational grounds of regional financial institutions in Pusan. Since 1980s many papers have discussed the issues how to develop the regional financial market. But they have neglected regional financial institutions and failed to clarify their roles in the regional economy. Recently the central government expels many regional financial institutions under financial distresses from the regional financial market without assessing their roles in the regional economy. This paper shows that regional financial institutions are indispensible for the stability and development of the regional economy, especially because they can supply credit to the small firms and households which have vulnerable credit standings and are tightly constrained in their access to bank credit. This paper also examines how credit unions deal with the problems caused by asymmetric information after the collapse of solidarity.

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