On the process of rapid industrialization in Korea, industrial location policy has been adopted as a practical tool for regional development policy by the central government. As a matter of fact most counties offer a wide range of industrial location ...
On the process of rapid industrialization in Korea, industrial location policy has been adopted as a practical tool for regional development policy by the central government. As a matter of fact most counties offer a wide range of industrial location policies to counteract the over-concentration of economic activities in certain regions or a pronounced unbalance between core regions and less developed regions of the countries. In Korea, most of local people and governments recently, take growing concerns on inviting more manufacturing firms. However, two categories of industrial location, that is planned location and footloose location, have not been empirically evaluated in the sense of regional economic impacts. Therefore, this study aims at the empirical investigation of regional economic impacts resulted from planned location and footloose location in Korea.