The Effects of Population Aging on the Industrial Productivities and Employments in Kangwon Province (인구 고령화가 강원도의 산업별 생산성과 고용에 미치는 영향 분석)

Jeong, Ug-yeong (정욱영); CIN BEOM CHEOL (신범철); Ji Ke Yung (지계웅)

doi:10.18107/japs.2023.30.3.005

The Effects of Population Aging on the Industrial Productivities and Employments in Kangwon Province

Journal of Asia-Pacific Studies
Abbr : JAPS
2023, 30(3), pp.125-154
DOI : 10.18107/japs.2023.30.3.005
Publisher : Institute of Global Affairs
Research Area : Social Science > Social Science in general
Received : August 17, 2023
Accepted : September 1, 2023
Published : September 30, 2023

Jeong, Ug-yeong ¹, CIN BEOM CHEOL ², Ji Ke Yung ¹

¹가톨릭관동대학교
²경기대학교

Accredited

ABSTRACT

This paper analyzed the effects of population aging on the industrial productivities and employments in Kangwon Province using auto-regressive distributed lag (ADL) model. The main results of this paper are as follows. First, most of industries except information and financing sectors showed declining productivities during recent eleven years. Second, population aging made productivities shrinking in many industries except information and financing ones, especially much more in non-skilled labor industries such as tourism related sectors. Third, population aging affected employments differently across industries. Given population aging deepening, food, wholesale, information and financing showed decreasing employments. In contrast, agriculture and education showed increasing employments. Facing with the accelerating trend of population, this paper could be a reference in designing industry and employment policies in Kangwon Province.

KEYWORDS

Population Aging, Auto-Regressive Distributed Lag (ADL) Model, Total Factor Productivity, Employment, Aging Elasticities

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* References for papers published after 2023 are currently being built.

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The Effects of Population Aging on the Industrial Productivities and Employments in Kangwon Province

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* References for papers published after 2023 are currently being built.

Journal of Asia-Pacific Studies 2023 KCI Impact Factor : 0.61

The Effects of Population Aging on the Industrial Productivities and Employments in Kangwon Province

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