This study deals with the industry decline of local cities. The objectives are two-fold: 1) to diagnosis the levels of industry decline; and 2) to classify the types of industry decline. In pursuing the above, this study gives particular emphasis on d...
This study deals with the industry decline of local cities. The objectives are two-fold: 1) to diagnosis the levels of industry decline; and 2) to classify the types of industry decline. In pursuing the above, this study gives particular emphasis on deriving the MIDI(multiple industry decline index) over time. The results are the followings. First, Kyungbuk was evaluated to have more cities within the 10 highly-declining-cities. Second, almost all the local cities were analyzed to be declining over time and in particular, small cities to be more serious. Finally, 63.3% of local cities were analyzed to be industrially declining.