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Regional Growth Analysis by Estimation of Physical Capital and Human Capital

Kang, Sang Mok 1 조상규 1

1부산대학교

Accredited

ABSTRACT

The purpose of this paper is to estimate human capital and physical capital of regions and grasp sources and courses of regional growth in Korea for 1987-2007. Physical capital per worker and human capital per worker mainly contributed to the regional growth rate of GRDP per worker for 1987-1997. The change rate of productivity supported the growth rate of GRDP per worker for 1997-2007. Seoul metropolitan area failed to show the highest growth rate of productivity in the total regions for 1987-2007. Regional growth courses reported that the growth of Seoul metropolitan area had expanded to Chungnam and Chungbuk with Kyonggi, which human capital and physical capital have concentrated on. The future regional growth should be progressed toward win-win goal by not concentration to Seoul metropolitan area but to regional specialization in space of national land.

Citation status

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