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Comparative Study on Agglomeration Economy and Regional Disparity of Office Markets Growth: Evidence from the FIRE Industry in Korea and Japan

장용삼 1 신태호 2

1nvestment Property Databank 아시아지역담당 연구위원(
2경기대학교 서비스경영전문대학원 교수

Accredited

ABSTRACT

This paper examines whether there is any agglomeration economy and regional disparity of office markets growth in Korea and Japan, or not. This paper is to analyze and grasp the change of the regional difference in Korea and Japan using the data of the number of establishments and that of employee in FIRE(Finance, Insurance, Real Estate) industry. In the paper, Location Quotients is used to measure the specialization level of FIRE industry. This paper also examine the growth factors of the office markets using Shift Share analysis. The calculated Location Quotients are analyzed by region in Korea and Japan, compared with the result of regional shift effect analysis. This paper clarify agglomeration economy of urban and the existence of regional disparity in Korea and Japan.

Citation status

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