KJCKorea
Journal Central

@article{ART001231320},
author={BeungKy Oh},
title={A Study on the Effects of Local Public Investment Expenditures on Local Economies in Korea : Using Mining and Manufacturing Value-added as Dependent Variable},
journal={The Korea Spatial Planning Review},
issn={1229-8638},
year={2008},
volume={56},
pages={23-40},
doi={10.15793/kspr.2008.56..002}

TY - JOUR
AU - BeungKy Oh
TI - A Study on the Effects of Local Public Investment Expenditures on Local Economies in Korea : Using Mining and Manufacturing Value-added as Dependent Variable
JO - The Korea Spatial Planning Review
PY - 2008
VL - 56
IS - null
PB - 국토연구원
SP - 23
EP - 40
SN - 1229-8638
AB - This study analyzes the efficiency of local public investment expenditures in Korea. Using Korean panel data for the period 1986-2005, the local product function was estimated. The estimation model was based on the annual data of mining and manufacturing value-added as the dependent variable. And the independent variables were the annual data of local capital, local labor and local public investment expenditures. Before the analysis began, a relatively new panel unit roots test and a panel cointegration test were performed. The estimation results showed that the coefficients of the local public investment expenditures of non-metropolitan areas have decreased in recent years. In this overall perspective, the local public investment expenditures of non-metropolitan areas in Korea are inefficient in recent years from the point of views of allocation and dynamic growth.
KW - Local Product Function;Panel Analysis;Local Public Investment Expenditures
DO - 10.15793/kspr.2008.56..002
ER -

BeungKy Oh. (2008). A Study on the Effects of Local Public Investment Expenditures on Local Economies in Korea : Using Mining and Manufacturing Value-added as Dependent Variable. The Korea Spatial Planning Review, 56, 23-40.

BeungKy Oh. 2008, "A Study on the Effects of Local Public Investment Expenditures on Local Economies in Korea : Using Mining and Manufacturing Value-added as Dependent Variable", The Korea Spatial Planning Review, vol.56, pp.23-40. Available from: doi:10.15793/kspr.2008.56..002

BeungKy Oh "A Study on the Effects of Local Public Investment Expenditures on Local Economies in Korea : Using Mining and Manufacturing Value-added as Dependent Variable" The Korea Spatial Planning Review 56 pp.23-40 (2008) : 23.

BeungKy Oh. A Study on the Effects of Local Public Investment Expenditures on Local Economies in Korea : Using Mining and Manufacturing Value-added as Dependent Variable. 2008; 56 23-40. Available from: doi:10.15793/kspr.2008.56..002

BeungKy Oh. "A Study on the Effects of Local Public Investment Expenditures on Local Economies in Korea : Using Mining and Manufacturing Value-added as Dependent Variable" The Korea Spatial Planning Review 56(2008) : 23-40.doi: 10.15793/kspr.2008.56..002

BeungKy Oh. A Study on the Effects of Local Public Investment Expenditures on Local Economies in Korea : Using Mining and Manufacturing Value-added as Dependent Variable. The Korea Spatial Planning Review, 56, 23-40. doi: 10.15793/kspr.2008.56..002

BeungKy Oh. A Study on the Effects of Local Public Investment Expenditures on Local Economies in Korea : Using Mining and Manufacturing Value-added as Dependent Variable. The Korea Spatial Planning Review. 2008; 56 23-40. doi: 10.15793/kspr.2008.56..002

BeungKy Oh. A Study on the Effects of Local Public Investment Expenditures on Local Economies in Korea : Using Mining and Manufacturing Value-added as Dependent Variable. 2008; 56 23-40. Available from: doi:10.15793/kspr.2008.56..002

BeungKy Oh. "A Study on the Effects of Local Public Investment Expenditures on Local Economies in Korea : Using Mining and Manufacturing Value-added as Dependent Variable" The Korea Spatial Planning Review 56(2008) : 23-40.doi: 10.15793/kspr.2008.56..002