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A panel data analysis of the effectiveness of regional policy on mitigating capital area population concentration in Korea

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  • A panel data analysis of the effectiveness of regional policy on mitigating capital area population concentration in Korea
  • Kim, Hyun-A
  • The Association of Korean Economic Studies


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Title A panel data analysis of the effectiveness of regional policy on mitigating capital area population concentration in Korea
Similar Titles
Material Type Articles
Author(English)

Kim, Hyun-A

Publisher

[Seoul]:The Association of Korean Economic Studies

Date 2015-08
Journal Title; Vol./Issue Korea and the World Economy:vol. 16(no. 2)
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Social Development < Population
Holding The Association of Korean Economic Studies

Abstract

Have regional development policies mitigated capital area population concentration in Korea? This paper empirically examines the effects of central and local government investments in regional development policies in Korea, confirming that such investments have played a critical role in reducing provincial migration over the last two decades. This outcome is based on assessments of the performance of intergovernmental fiscal transfers and central government investment in regional policies. The present study therefore argues for the importance of considering and assessing not only the market effects but also the government effects when devising a redistributive policy agenda.