동적외부효과가 도시경제성장에 미치는 영향에 관한 연구

다국어 초록 (Multilingual Abstract)

Urban Economic Growth can be achieved by generating an agglomeration economy. An agglomeration economy creates positive externalities, such as cost reduction, that are generated when many economic activities are gathered together in the same region. An agglomeration economy is generally divided into two categories: a localization economy (industry-specialization) and an urbanization economy (industry-diversity). Today, the industrial and regional economic development policies of governments usually tend to focus on specialization. But for a long-term perspective, diversity is needed to stabilize urban economic growth. The objective of this study is to conduct an empirical analysis on the effect of industrial diversity on employment growth in cities. The panel data set for this study was collected from 76 Korean cities between the period of 2000 to 2009. This consisted of employment growth and industrial employment in every city, and was analyzed by the system GMM method. As a result, we found two things from this study. First, the existence of externalities, such as diversity, specialization and competition, have a positive effect on employment growth. Second, the coexistence of diversity and specialization in the urban industrial structure is necessary.

참고문헌 (Reference)

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