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산업구조 다양성이 지역경제의 성과에 미치는 영향

Effects of industrial diversification on the performance of the regional economy

최기홍|윤성민|류수열
한국지역사회학회 (Korean Association Of Regional Studies)|2013.04|지역사회연구 (Journal of Regional Studies)|제21권 제1호|pp. 73-94|DOI 10.22921/jrs.2013.21.1.004

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참고문헌

키워드

Economic growthEntropy indexFixed effect modelEmployment stabilityIndustrial diversificationWide-economic zone
주제분류국제/지역개발

초록

This study investigates how the change in industrial diversification evaluated as the entropy index during the 1993-2010 in 5 wide-economic zones influences on the growth and stability of the regional economy. We set some research hypotheses related to the industry-specific strategies of the region and examine whether or not they are statistically valid. The main results from this empirical analysis are summarized as follows. First, there is no relationship between economic growth and employment stability of the region. Second, there exists an inverse U-shaped nonlinear relationship between the degree of industrial specialization and economic growth of the region. Third, it is desirable that in the viewpoint of economic growth only, some regions have industry-specific strategies and others pursue strategies to increase industrial diversity. Finally, there exists a U-shaped nonlinear relationship between the degree of industrial specialization and employment stability of the region, and it is different in regions. Therefore, the conventional wisdom that there is the trade-off between economic growth and employment stability of a region in the short term is not always feasible. In other words, the policy goals of economic growth and employment stability in a region can be pursued together from the perspective of the long-term strategy.

Abstract

This study investigates how the change in industrial diversification evaluated as the entropy index during the 1993-2010 in 5 wide-economic zones influences on the growth and stability of the regional economy. We set some research hypotheses related to the industry-specific strategies of the region and examine whether or not they are statistically valid. The main results from this empirical analysis are summarized as follows. First, there is no relationship between economic growth and employment stability of the region. Second, there exists an inverse U-shaped nonlinear relationship between the degree of industrial specialization and economic growth of the region. Third, it is desirable that in the viewpoint of economic growth only, some regions have industry-specific strategies and others pursue strategies to increase industrial diversity. Finally, there exists a U-shaped nonlinear relationship between the degree of industrial specialization and employment stability of the region, and it is different in regions. Therefore, the conventional wisdom that there is the trade-off between economic growth and employment stability of a region in the short term is not always feasible. In other words, the policy goals of economic growth and employment stability in a region can be pursued together from the perspective of the long-term strategy.

참고문헌 (35)

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