• Journal of the Economic Geographical Society of Korea
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• v.18 no.2
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• pp.152-167
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• 2015

This paper analyzes the effects of globalization on growth gaps between regions. Using openness and FDI as measures of globalzation in Korean 16 broad autonomous territories the study estimates the effects of the variables on growth gaps between regions. Estimation results show that FDI is significant in explaining the regional gaps while openness is not. The results of the study reveal that attracting FDI to weaker regions, especially the investment in New Industries, is inevitable to resolve growth gaps and for balanced growth among regions. Also, policy makers should use FDI as an important tool for correcting regional gaps as well as the vehicles for regional development.

• 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.

• Journal of the Korean Geographical Society
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• v.24
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• pp.79-87
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• 1981

South Korea's 'Green Revolution', which is considered to be one of Asia's most successful programs of integrated rural development, has achieved two main objectives: (1) bringing the country closer to self-sufficiency and (2) narrowing the income gap between rural and ruban incomes and thus allowing agriculture to participate in the nation's economic growth.

• Journal of Construction Engineering and Project Management
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• v.2 no.4
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• pp.32-41
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• 2012

In recent times, multi-centralization and decentralization as well as large Capital area and suburbanization in the spatial structure of capital area. With rapid growth, urbanization and industrialization are unsystematic, and growth inequality between regions caused negative effects such as discordant centralization and decentralization, fluctuating land value, and gap between living conditions. Accordingly, this study analyzed urban spatial indexes by the self-governed body in the capital area such as Seoul, Incheon, and Gyeonggi province for the analysis of the regional inequality phenomenon. We examined the characteristics of temporal and spatial changes in urban spatial structure in the capital area by utilizing the distribution pattern and density of city indexes such as population, employment, etc, and then drew the commonality of those factors through factor analysis. We evaluated the drawn results through the city standard index by each city, conducted factor score analysis, and identified the interaction between each factor and Housing Purchase Price Composite Indices index, housing rent price index(Housing Jeonse Price Composite Indices), land price fluctuation rate, diffusion ratio of house, and financial independence.

• Journal of the Economic Geographical Society of Korea
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• v.14 no.1
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• pp.86-98
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• 2011

Venture capital companies and funds play the following roles: to find small and medium-sized enterprises(SMEs) which face equity gap but possess high-growth potential, to make equity investment in such SMEs, and to intensively support the invested firms' growth in order to gain the maximum profits from the investment via maximization of the firms' values. This work discusses the issue of how such roles of venture capital can be used in a stable manner within individual non-Capital regions of Korea for fostering the start-up and growth of promising SMEs and thereby advancing local/regional economic development. The principal portion of my discussion deals with Regional Venture Capital Fund(RVCF) of UK and its policy implications for the Korean context. Additionally, the work conceptually explores roles of venture capital and local/regional development, and it empirically examines how such venture capital's functions are recently used for the business start-up and growth in the non-Capital regions of Korea.

• Journal of the Economic Geographical Society of Korea
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• v.23 no.4
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• pp.395-407
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• 2020

The aim of this paper is to grasp the impact of entrepreneurial activities of politician and business owner on regional industry amid the rising importance of entrepreneurship as the driver of structural change. In particular, it would help narrow the knowledge gap in empirical research by analysing the entrepreneurial spirit and motivation of the different trait of politicians and entrepreneurs that the relevant research is still insufficient. Through the case of politician' and business owner's entrepreneurship on the carbon industry growth of Jeollabuk-do and innovative start-up entering the lagging textile industry of Daegu, this study unearths the necessity of entrepreneurship, which has not been considered relatively much in the process of establishing regional industrial policies, thereby drawing the policy implication.

• International Journal of Industrial Entomology and Biomaterials
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• v.27 no.1
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• pp.131-141
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• 2013

At the interface of reducing agricultural income and increasing unemployment in agrarian economy of rural India, this article summarizes and evaluates the state of mulberry sericulture in northwest India, which includes Himachal Pradesh, Punjab, Rajasthan, Uttarakhand, and Uttar Pradesh. In $11^{th}$ plan period (2007-2012), there was an addition of 6 196 ha (217.09 %) of mulberry acreage at annual linier growth rate of 33.44%. However, total silk production could increase only by 54.64 MT (78.57%) at annual linier growth rate of 15.59 %, due to 43.93% (10.82 kg/ha) reduction in silk productivity at negative growth rate of -13.46%, annually. And now, average raw silk productivity in north-western states of India remains at 13.81 kg/ha, which is lower by 452.93 % (76.36 kg) in comparison to the national average of 100.90 kg/ha. Paper summaries the reasons for increasing cocoon yield gap at farmer's level and discuss the ways and means to increase raw silk productivity to improve the livelihood delivery of mulberry sericulture in northwest India.

• Journal of the Korean Regional Science Association
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• v.37 no.1
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• pp.15-27
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• 2021

This study investigates the difference in income trajectories of the working poor and the non-working poor and explains the effects of socio-demographic (marriage, education) and regional (living in large cities) factors on intergroup differences. We use Seoul Survey data collected between 2009-2018 and the latent growth modeling approach. It was found that the trajectory difference between groups was statistically significant. Since 2016, the income gap widened as the income of the working poor stagnated. The three variables included in this model better explained the income trajectory of the working poor compared to the working non-poor. In particular, the change in income growth rate was positively related to whether they live in large cities. This suggests the possibility that living in a large city would act as an economic premium for the working poor. It is necessary to conduct follow-up studies on urban premiums for the working poor.

• KDI Journal of Economic Policy
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• v.32 no.2
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• pp.55-92
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• 2010

In terms of labor market accomplishments, such as income, size of the company, and the matching quality between one's job and college major (specialization), a very large discrepancy is observed between the graduates from colleges located in Seoul and those outside Seoul. But, when the department average score of the Scholastic Aptitude Test (SAT) at the time of college entrance is controlled for, the discrepancy is found to be reduced to a considerable degree. In the case of wage gap, at least two third can be explained by the SAT score gap. The remaining wage gap seems to reflect the characteristics of workplace. In other words, graduates with high SAT scores enter colleges located in Seoul and thus tend to find better jobs leading to earning differences. This result that confirms the importance of aptitude test scores suggests that in the labor market, one of the major reasons behind a lower accomplishment of the graduate from local colleges is due to a lower competitiveness of local colleges in attracting the brightest students. But, this should not be viewed as only an internal problem of local colleges. This is because the growth of local economies tends to haul the advancement of local colleges in that area rather than being the other way around. The agglomeration effect in Seoul where headquarters of large corporations and financial institutions gather is the factor that has elevated the status of colleges located in Seoul since this provides highly preferred job choices of graduates. When the competitiveness of college is significantly influenced by exogenous factors, such as the vicinity to Seoul, the effort being made by colleges alone would not be enough to improve the situation. However, the central government, too, is not in the position to carry out countermeasure policies for such problems. The regional development strategy boosted through supportive policies for local colleges, such as financial support, is not based on the persuasive and empirical grounds. It is true that college education is universal and that the government''s intervention in assisting local colleges to secure basic conditions, such as tenure faculty and adequate facilities is necessary. However, the way of intervention should not be a support-only type. In order to improve the efficiency and effect of financial support, restructuring programs, including the merger and integration of insolvent colleges, should be underway prior to providing support. In addition, when the policy is focused on education recipients-local college students, and not on education providers-local colleges, the importance of regional gap in compulsory education (elementary and junior high schools) turns out to be much important as the gap between metropolitan area colleges and local colleges. Considering the educational gap before college entrance shown from the discrepancies of aptitude test scores among different regions, the imbalance between regions in terms of human resources is apparently derived from compulsory education, and not from college education. Therefore, there is a need to double the policy efforts to reduce the educational gap among different regions. In addition, given the current situation where it is difficult to find appropriate ex post facto policy measures to solve the problem of income gap between the graduates from metropolitan colleges and local colleges, it can be said that improving the environment for compulsory education in local areas is a growing necessity for bridging the educational gap among different regions.

• Journal of Korea Port Economic Association
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• v.29 no.3
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• pp.39-72
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• 2013

As a regional development gap between Southwest and Southeast of Jeonnam Province are becoming more serious, it is highly time to come up with measures for the balanced development of the two areas. This paper suggests construction of the Airport and Port Supporting Complex in apparent efforts to reduce the gap between the two areas and facilitate the Southwest economy. The Supporting Complex aims to constitute a triangle industrial cluster which is classified into the following three categories; 1. Traditional competitive industries 2. New growth engine industries 3. Attraction of companies u-turning from abroad such as China etc. To provide one-stop service through set-up of R&D Business Center is the heart of this triangle core. This paper had LQ and Shift&Share Analysis in an attempt to search for competitive industries among the traditional industries in Mokpo-si(city) and Muan-gun(county) of Jeonnam Province. As a result of the analysis, metal manufacturing industry and metal-working process products industry have been found competitive in the two areas. Among the new growth engine industries, this paper suggests precision instruments industry and advanced parts industry for utmost strengths of airport and port while u-turning industries from abroad include higher value-added textile industry and fashion industry. It is expected that all of above-mentioned industries for the triangle industrial cluster will contribute to laying the groundwork to develop regional economy further and create more jobs in the Southwest area of Jeonnam Province.