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The Effect of Public R&D Expenditure on Regional Economy: A Comparison among Metropolitan Cities in Korea

KIM, ILTAE 1 김봉진 2 Na Ju Mong 1

1전남대학교
2일본 구주대학

Accredited

ABSTRACT

This paper analyzes the effect of R&D expenditure on regional economy reflected industrial structure in seven metropolitan cities of Korea using regional input-output table. This paper also estimates technology intensity linkages and technology diffusion linkages using backward and forward R&D multiplier for the Korean regional economy in 2000. Our results show that, from regional input-output table, both influence coefficient and sensitivity coefficient have a relatively higher value in traditional specialized manufacturing industry. For knowledge-based industries in Korean regional economy, technology intensity linkages effects of R&D expenditure are ranked as Daejeon, Ulsan, Seoul, Gwangju, Daegu, Busan, and Incheon. On the other hand, technology diffusion linkages effects of R&D expenditure are ranked as Daejeon, Gwangju, Seoul, Daegu, Busan, Ulsan, and Incheonin. Specifically, other areas except Gwangju have great differences in the summation of two effects by industry. Finally, policy implications of our analysis provide the validity that Daejeon is selected as R&D specialized zone and that Gwangju will be selected as R&D specialized zone in terms of national balanced development.

Citation status

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