지역 설비투자의 결정요인

• 영문명: Determinants 01 Regional Facility Investment in Korea : Evidence Irom A Panel Data Analysis
• 발행기관: 한국지역개발학회
• 저자명: 박재곤(Park, Jae-Gon) 최형재(Choi. Hyung-Jai)
• 간행물 정보: 『한국지역개발학회지』제21권 제2호, 229~252쪽, 전체 24쪽
• 주제분류: 사회과학 > 지역개발
• 파일형태: PDF
• 발행일자: 2009.06.30

영문 초록

Thìs study attempts to examine the factors that affect regional facility Învcstment and how the investment behavior 이Jfers among regîons. The statistics shows that over1 regiol investmenl is declining, and that investmenl is heavily concentrated in certain regions. The results of a nel fixcd -effects model indκate that, nong vanous macroeconomics facωr ‘ interest rates and e:‘change rate have a sl.uistically signifiçant impaCl on regional inveslmenl. and lhal land pnce, the degree of concentrat.ion “ manufacturing industries. GRDP and the relat.ive ca ωprice are lhe most important determînants among regiona1 variables. addition, factors that affect region investmenl differ across regions. Exchange rate. labor foπ:e. lhe degree of concentration of manactunng slries. transportation condition and knowledge infrastructure are relauvely sinificant faclOrs to ex ain ìn'eslment ìn Sudokwon 'hìle labor force and the degree conccntration of manufacturing induslries are important factors in Chungchung region. 10 I-Ionam regi이1. exchange r꺼le a이Je.1fS to maller for inveslment. whi1e exchange rate. lahor force. land price. the relalive caαtal price, GRDP and knowlge În(rastructure are therel ativ티y significant delenninants of investment io Youognam region