This study explores the effects of factory location limit s ystem which has two goals, population dispersion of Seoul metropolitan and balanced development between Seoul metr opolitan area and non-Seoul metropolitan area.In order to analyze the effec...
This study explores the effects of factory location limit s ystem which has two goals, population dispersion of Seoul metropolitan and balanced development between Seoul metr opolitan area and non-Seoul metropolitan area.In order to analyze the effect of the policy, this paper di d literature reviews and quantitative analysis using statisti cal time series data. Also it uncovers micro effect on 23 fi elds of manufacturing industry divided by SIC code.The result shows that the factory location limit system of Seoul metropolitan has a little effect not only on populati on dispersion but also balanced development between Seoul metropolitan and non-Seoul metropolitan. The main reason of a little policy effect about population dispersion is cause d by changed industrial structure from labor-intensive indu stries to capital-intensive industries. The reason of lack of effect about balanced development between Seoul metropoli tan and non-Seoul metropolitan is mainly caused by factori es` move to not outside jurisdiction but within same jurisd iction.