• Title/Summary/Keyword: regional economic sphere seemingly unrelated regression

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Analysis of Spatial Association of Regional Economic Growth and Land Use Considering Regional Economic Sphere (광역경제권 설정을 고려한 지역경제성장과 토지이용에 관한 공간연관성 분석)

  • Choi, Yeol;Kim, Hyun
    • 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.