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Regional economic gap in Korea

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  • Regional economic gap in Korea
  • Kim, Sung Tai; Jung, Cho See; Roh, Keun Ho
  • The Economic Research Institute of Chung-Ang University


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Title Regional economic gap in Korea
Similar Titles
Material Type Articles
Author(English)

Kim, Sung Tai; Jung, Cho See; Roh, Keun Ho

Publisher

[Seoul]:The Economic Research Institute of Chung-Ang University

Date 1991-12
Journal Title; Vol./Issue Journal of Economic Development:vol. 16(no. 2)
Pages 24
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Administration
Holding Chung-Ang University

Abstract

Korea recorded a rapid economic growth since 1962. However its remarkable economic growth has been possible at the cost of deepening the economic gap between rural and urban areas and that between specific regions. This paper deals with the problems of unbalanced economic growth across the 11 regions in Korea in terms of Gross Regional Product. The purposes of this paper are twofold. First, we characterize the development of the unequal income distribution across the regional economic gap by estimating the regional aggregate production function.