@article{ART001563887},
author={Choe, Byeong-Ho and 김기승 and Keunjae Lee},
title={Local Autonomy and Efficiencies of Public Capitals: Estimating a Stochastic Frontier Function with a panel data of Korean Regions},
journal={Journal of Regional Studies and Development},
issn={1738-3846},
year={2011},
volume={20},
number={1},
pages={151-177}
TY - JOUR
AU - Choe, Byeong-Ho
AU - 김기승
AU - Keunjae Lee
TI - Local Autonomy and Efficiencies of Public Capitals: Estimating a Stochastic Frontier Function with a panel data of Korean Regions
JO - Journal of Regional Studies and Development
PY - 2011
VL - 20
IS - 1
PB - Institute for Poverty Alleviation and International Development: IPAID
SP - 151
EP - 177
SN - 1738-3846
AB - This paper analyses productivity of public capitals, and allocational efficiency of public capitals firstly, and then the relation between technical efficiency and public capitals, estimating stochastic frontier function with a panel data of 16 Korean regions for the period, 1985-2006. To explore the impact of local autonomy additionally, the analyses are done comparatively before and after the year 1995, when local autonomy system revived in Korea. The empirical findings are followings. First, the output elasticity with respect to public capitals is positive, however, much lower than that with respect of private capitals. Particularly, that of pubic capitals has declined after the revival of local autonomy system. Second, public capitals were under-invested before local autonomy era but turned to be over-invested in the era of local autonomy. Third, public capitals are allocated inefficiently in both periods. However, the inefficiency degree in terms of spacial allocation has increased since the local autonomy revival. Lastly, the technical inefficiency of a region is positively associated with the share of public sectors to the private sectors.
KW - local autonomy;public capitals;efficiency
DO -
UR -
ER -
Choe, Byeong-Ho, 김기승 and Keunjae Lee. (2011). Local Autonomy and Efficiencies of Public Capitals: Estimating a Stochastic Frontier Function with a panel data of Korean Regions. Journal of Regional Studies and Development, 20(1), 151-177.
Choe, Byeong-Ho, 김기승 and Keunjae Lee. 2011, "Local Autonomy and Efficiencies of Public Capitals: Estimating a Stochastic Frontier Function with a panel data of Korean Regions", Journal of Regional Studies and Development, vol.20, no.1 pp.151-177.
Choe, Byeong-Ho, 김기승, Keunjae Lee "Local Autonomy and Efficiencies of Public Capitals: Estimating a Stochastic Frontier Function with a panel data of Korean Regions" Journal of Regional Studies and Development 20.1 pp.151-177 (2011) : 151.
Choe, Byeong-Ho, 김기승, Keunjae Lee. Local Autonomy and Efficiencies of Public Capitals: Estimating a Stochastic Frontier Function with a panel data of Korean Regions. 2011; 20(1), 151-177.
Choe, Byeong-Ho, 김기승 and Keunjae Lee. "Local Autonomy and Efficiencies of Public Capitals: Estimating a Stochastic Frontier Function with a panel data of Korean Regions" Journal of Regional Studies and Development 20, no.1 (2011) : 151-177.
Choe, Byeong-Ho; 김기승; Keunjae Lee. Local Autonomy and Efficiencies of Public Capitals: Estimating a Stochastic Frontier Function with a panel data of Korean Regions. Journal of Regional Studies and Development, 20(1), 151-177.
Choe, Byeong-Ho; 김기승; Keunjae Lee. Local Autonomy and Efficiencies of Public Capitals: Estimating a Stochastic Frontier Function with a panel data of Korean Regions. Journal of Regional Studies and Development. 2011; 20(1) 151-177.
Choe, Byeong-Ho, 김기승, Keunjae Lee. Local Autonomy and Efficiencies of Public Capitals: Estimating a Stochastic Frontier Function with a panel data of Korean Regions. 2011; 20(1), 151-177.
Choe, Byeong-Ho, 김기승 and Keunjae Lee. "Local Autonomy and Efficiencies of Public Capitals: Estimating a Stochastic Frontier Function with a panel data of Korean Regions" Journal of Regional Studies and Development 20, no.1 (2011) : 151-177.
