• 제목/요약/키워드: local economies

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Impact of Railroads on Local Economies: Evidence from U.S. History

  • Kim, Jiyoung;Go, Sun
    • 유통과학연구
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    • 제15권4호
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    • pp.25-32
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    • 2017
  • Purpose - The introduction and expansion of the railway network since the 19th century brought revolutionary changes in economic activities, performance, and structure. The purpose of this study is estimating the impact of railroads on the local agricultural and manufacturing structures in the 19th century USA. Research design, data, and methodology - To identify the impact of railroads on local economic structure, county-level panel data from the U.S. census were analyzed using a panel fixed-effect differences-in-differences regression. The empirical investigation focuses on whether railroads changed the overall volume and sectoral composition of the local agricultural sector, and whether they contributed to the growth of the local manufacturing industry and its productivity. Results - The railroad introduction led to the relative decline of the agricultural sector, while encouraging the growth of market-oriented gardening. As such, manufacturing productivity increased by the introduction of railroads, although manufacturing inputs and home manufactures were unaffected. Conclusions - The findings imply that railroads contributed to the growth of market-oriented farming in rural areas, and the rise of productivity in the local manufacturing sector. Meanwhile, evidence of railroad-driven growth for the entire agricultural sector or a massive reallocation of resources from agriculture to manufacturing were not found.

지방 중소도시 내 대학캠퍼스 유치가 지역경제에 미치는 영향 -근린상권 변화를 중심으로- (The Impact of Attracting University Campuses on the Local Economies of Small and Medium-Sized Cities - Focusing on Changes in Neighborhood Commercial Areas -)

  • 이동윤;정석
    • 지역연구
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    • 제40권2호
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    • pp.3-19
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    • 2024
  • 본 연구는 대학캠퍼스 유치가 지방 중소도시의 지역경제에 미치는 영향을 근린상권 변화(창업, 폐업, 점포개수)를 중심으로 분석하는 것을 목표로 하였다. 이를 위해 행정안전부에서 제공하는 지방행정 인허가 데이터를 활용하여, 지방 중소도시에 유치된 4개의 대학캠퍼스(부산대학교 양산캠퍼스, 우석대학교 진천캠퍼스, 한서대학교 태안캠퍼스, 호서대학교 당진캠퍼스)를 대상으로 창업·폐업 건수 및 점포 개수를 비교하였다. 비교 방법으로는 대학캠퍼스 유치 이전과 이후를 비교하는 이중차분법을 적용하였다. 분석 결과는 다음과 같다. 첫째, 대학캠퍼스 유치는 창업건수에 대한 공간적, 시간적 요인에서 긍정적 영향을 미치는 것으로 나타났으며 폐업건수 및 점포개수에 대한 공간적 요인에서는 모두 감소하는 것으로 나타났으며, 유치 전후의 상호작용을 나타내는 교차변수에 대해서는 모두 증가하는 것으로 나타났다. 둘째, 문화 및 음식 관련 업종의 창업건수는 대학캠퍼스 유치로 인해 새로운 수요 창출을 반영하여 증가하였으나, 동시에 빠르게 변화하는 대학생들의 소비 트렌드에 따라 폐업건수도 증가하는 것으로 나타났다. 셋째, 건물의 층수, 용도지역, 공시지가와 같은 물리환경적 특성이 창업·폐업건수 및 점포개수에 중요한 영향을 미치는 것으로 나타났다. 이는 대학캠퍼스 유치가 지역 근린상권 활성화에 긍정적인 영향을 미친다는 것을 입증하였다.

삼성반도체의 현지화 전략 (Samsung Austin Semiconductors: Its Adaptation, Survival and Growth)

  • 노전표
    • 산학경영연구
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    • 제15권
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    • pp.47-58
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    • 2002
  • Samsung Electronics has 25 production bases, 36 marketing subsidiaries and 23 overseas offices in 46 countries around the world. Samsung Electronics global strategy involves seven main regions: North America, Europe, Southeast Asia, Central Asia, China, the CIS and Latin America. Samsung Electronics is dedicated to helping the local communities where it does business, helping to advance local economies and develop products that best suit local needs. This case attempts to introduce the localization strategies of Samsung Austin Semiconductors especially with respect to the community service programs. Samsung Austin Semiconductors develops a framework for a firm to adapt in a foreign environment creating corporate citizenship. This model surely helps the firm to adapt, survive and grow even in a hostile foreign environment.

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지자체장의 지역발전 비전과 지역정책 성과분석: 전남 화순군 민선 6기를 사례로 (Performance Analysis of Regional Policies and Local Government Head's Vision for Regional Development: A Case of 6th Local Election of Hwasun-gun in Jeonnam Province)

  • 이정록;장문현
    • 한국경제지리학회지
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    • 제24권3호
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    • pp.350-364
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    • 2021
  • 이 연구의 목적은 전남 화순군을 사례로 지자체장 교체에 따른 군정목표의 변화를 살펴보고, 민선 6기 지자체장이 설정한 지역발전 비전과 군정목표와 지역발전정책 성과를 분석한 것이다. 민선 1기부터 6기까지 화순군정의 슬로건과 목표는 지자체장의 잦은 교체로 계속 변경되었다. 한편 민선 6기 화순군정의 슬로건은 '명품화순 행복한 군민'으로 설정하였고, 군정 목표는 신뢰받는 행정, 함께하는 복지, 매력있는 문화, 활력있는 농촌, 꿈을 심는 교육, 생동하는 경제 등 6개로 설정하였다. 민선 6기의 군정 성과는 계획목표 대비 90% 달성률을 나타냈다.

지방자치단체의 '재정위기'에 대한 실증분석 (An Empirical Analysis on the Fiscal Crisis of Local Governments in Korea)

  • 김범식;박원석;송영필
    • 지역연구
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    • 제15권1호
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    • pp.75-92
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    • 1999
  • In this study, the present state of fiscal crisis for local governments after IMF is analyzed, firstly. its implications Characteristics of structural reform of finance after IMF bailout in Korea are examined, secondly. Since Korea was shocked by the currency crisis at the end of 1997, its local governments have also faced fiscal difficulties. The Depression of national and local economies led to decreases in tax revenues of local governments. And these shrunken revenues led to their expenditure cuts. Many investment plans were curtailed, and ordinary expenditures were also reduced sharply. The negative influences of the currency crisis on local government's finances can be examined in terms of fiscal revenue, fiscal spending, and debt burden. As a result many local governments are now experiencing fiscal stress, and some of them are even faced with fiscal crisis although the possibility of extreme measures, such as moratoriums or bankruptcies, is very slim. This is due in part to the weight of debt in local governments' budgets having remained small since the debt of local governments has been controlled by the central government. Another reason is that, central government, which functions as a lender of last resort for the local governments, will pay the debt for them. Also, without a legal system which stipulates the adjudication of bankruptcy for municipalities in Korea, local Korean governments have no legal right to declare bankruptcy. Although not a single municipality has fallen into insolvency, yet, this trend will continue to deepen as the recession continues and may lead to a situation where manu local governments fall into virtual bankruptcy in the near future, and its effects on society, as a whole, will be serious. Therefore, measures to prevent and overcome such an extreme situation are necessary, but both short-and long-term policies should be to cope with the current fiscal crisis and to prevent the deepening of the current situation.

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The Impact of R&D on the Singaporean Economy

  • Ho, Yuen-Ping;Wong, Poh-Kam
    • STI Policy Review
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    • 제8권1호
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    • pp.1-22
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    • 2017
  • There has been a pronounced increase in research and development (R&D) expenditure in Singapore over the last two decades, with government spending accounting for a sizeable share. This increase has been spurred by public policy emphasis on research and innovation as engines of economic growth. This paper analyses the impact of R&D on economic performance in Singapore from 1978 to 2012 through the use of time series analysis. The Cobb-Douglas based analysis shows a long-run equilibrium relationship between Total Factor Productivity (TFP) and R&D investments. We found that the short-run productivity of R&D in Singapore is comparable to smaller advanced economies in the Organisation for Economic Co-operation and Development (OECD). However, in terms of long-run R&D productivity, Singapore lags slightly behind the smaller OECD nations and far behind the G7 countries. This suggests leakage of value capture and low absorptive capacity in local firms. Possibility of productivity improvements induced by policy changes in the 1990s was considered, but no evidence of significant structural breaks was found. Lastly, Granger causality analysis reveals that public sector R&D augments private sector R&D capital, thus playing an important role in generating externalities and spillover effects. Policy implications and lessons for other middle-income countries are discussed.

Decreasing Return to Scale in Cottage Industries: Empirical Evidence from the Coconut Sugar Industry in Banyumas, Indonesia

  • BADRIAH, Lilis Siti;ARINTOKO, Arintoko;RAHAJUNI, Dijan
    • The Journal of Asian Finance, Economics and Business
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    • 제9권7호
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    • pp.219-229
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    • 2022
  • This study aims to analyze the economies of scale of the cottage industry for coconut sugar production in Banyumas, Indonesia. This study applies a survey method to coconut sugar craftsmen. Data analysis was performed by regression analysis based on the Cobb-Douglas production function approach. The findings indicated that decreasing returns to scale was a problem for the domestic production of coconut sugar. These findings show that the production of coconut sugar is not very productive. Labor and financial capital inputs have a significant positive share but the resulting increase in output is less proportional than the increase in the two inputs. Social capital, experience, and education do not affect industrial performance. To increase input productivity and production efficiency, it is necessary to apply more effective production techniques and technologies to produce quality products so that the selling price can be higher. Additionally, it is required to enhance the sap's quality through its extraction methods and the regrowth of high-yielding coconut tree varieties. From the institutional aspect, the development of this industry requires stronger partnerships with related parties such as local governments, exporting companies, cooperatives, and universities through research and development.

Applying a New Process for Local Food Menu Development in Gimpo

  • Han, Kyung-Soo;Lee, Jin;Kim, In-Hwa
    • Food Quality and Culture
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    • 제2권2호
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    • pp.73-79
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    • 2008
  • Recently, increasing interests in local foods have been highlighted along with active efforts and activities from autonomy organizations to develop local cultures and promote local economies by generating value added products and profits through the development of local foods. Subsequently, useful effects might result by making local foods attractive to tourists, such as by using indigenous Gimpo products to make menu items that incorporate the social, economic, and cultural aspects of the Gimpo area, and contributing to its food culture, the development and use of its indigenous products, and promoting local restaurant businesses, etc. The items of the survey used to select the local food menu items to be developed were limited to ideas offered by expert groups, and were implemented by a new menu development process. In order to derive the menu items to develop, the following method was applied: a brainstorming session with experts to generate and draft ideas, a questionnaire to chefs and cooks in special grade hotels is Seoul to select the menu items to develop from those drafted, and sensory evaluations by experts to evaluate the developed items. Frequency analysis and technical statistical analysis were performed using the SPSS 12.0 program package, where 13 kinds of local foods were ultimately developed using indigenous products of Gimpo. The developed local food menu items were rice & grape sujaebi, grape sikhae, fried rice embryo bud, grape yanggaeng, rice pancakes, rice spaghetti, grape seed oil dressing, grape sauce, rice pizza, grape pie, rice & grape ice cream, grape chocolate, and rice roll cakes.

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Cluster or Diversify? A Dilemma for Sustainable Local Techno-Economic Development

  • Phillips, Fred;Oh, Deog-Seong;Lee, Eung-Hyun
    • World Technopolis Review
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    • 제5권2호
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    • pp.98-107
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    • 2016
  • By highlighting the efficiencies gained from regional specialization, the cluster concept has distracted economic development officials from their traditional role of diversifying regional and local economies. Clustering was a viable strategy for much of the 18 years following its original appearance in the literature. Now, two events cast doubt on the continued viability of cluster-based specialization. First, the digital convergence has blurred the boundaries that once separated one industry from another. An industry cluster strategy becomes difficult when the industry cannot be defined. Second, many cluster initiatives fail. Combining literature search with the system-theoretic notions of efficiency and redundancy, we find many factors moderate cluster success. This implies regions facing uncertain success in their cluster-building efforts should thoroughly understand their unique circumstances and build upon them. Regions with successful clusters are advised to aim for multiple related clusters or superclusters.

창업보육센터 활성화를 위한 입주목적과 지원요구사항간의 상관관계에 관한 연구 (A study on the correlation between the objectives of being members and their request to activate the operation of Business Incubation Systems)

  • 박노국
    • 산업경영시스템학회지
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    • 제28권3호
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    • pp.109-114
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    • 2005
  • The founding purpose of Business Incubation System is to induce those businessmen who have technology and promising business ideas but are lacking fund, information, and management skill, and to speed up their business establishment and enhance the level of success by providing them with managerial knowledge, production technology, design, and equipment. While some universities made Business Incubation Center to achieve the above purpose, some other universities, especially the local ones, believed that Business Incubation Center, if managed successfully, could be an accelerator picking up the sluggish local economies. This study studied the motivators that let them move in an Incubating Center, their request for support, their level of expert utilization, and the role of head of a Center. This study found a significant level of correlation among the variables such as industrial-educational cooperation, the development of common items, utilization of professors with matching majors, utilization of research professors, and transfer of technology.