@article{ART002572937},
author={Dong, Jinwoo and Jung, Hye-Jin},
title={The Relationship between Regional Specialization and Income in Manufacturing Industry},
journal={The Korea Spatial Planning Review},
issn={1229-8638},
year={2020},
volume={104},
pages={133-150},
doi={10.15793/kspr.2020.104..008}
TY - JOUR
AU - Dong, Jinwoo
AU - Jung, Hye-Jin
TI - The Relationship between Regional Specialization and Income in Manufacturing Industry
JO - The Korea Spatial Planning Review
PY - 2020
VL - 104
IS - null
PB - 국토연구원
SP - 133
EP - 150
SN - 1229-8638
AB - Regional specialization of manufacturing industry has been attributed to wage gaps across regions. However, it is problematic that previous studies have been disregarded the extent of specialization of manufacturing. To address the limitation, this study measures the degree of specialization in manufacturing by three methods, and analyzes the relationship between regional specialization of manufacturing and wage. Using a panel data of 16 metropolitan areas and provinces from 2007 to 2018, the results from the dynamic panel method indicate that the relationship between specialization and wage varies depending on the measurements of specialization. More specifically, it turns out that absolute specialization and the average firm sizes in specialized industries are positively associated with wage, as specialization can positively affect productivity via rich labor markets and knowledge spillover effects. In contrast, relative specialization is negatively associated with wage, which implies that concentration in particular low-tech manufacturing industries can negatively affect wage. Based on the empirical results, we suggest policy implications.
KW - Regional Specialization;Wage;Relative Specialization;Absolute Specialization;Firm Size
DO - 10.15793/kspr.2020.104..008
ER -
Dong, Jinwoo and Jung, Hye-Jin. (2020). The Relationship between Regional Specialization and Income in Manufacturing Industry. The Korea Spatial Planning Review, 104, 133-150.
Dong, Jinwoo and Jung, Hye-Jin. 2020, "The Relationship between Regional Specialization and Income in Manufacturing Industry", The Korea Spatial Planning Review, vol.104, pp.133-150. Available from: doi:10.15793/kspr.2020.104..008
Dong, Jinwoo, Jung, Hye-Jin "The Relationship between Regional Specialization and Income in Manufacturing Industry" The Korea Spatial Planning Review 104 pp.133-150 (2020) : 133.
Dong, Jinwoo, Jung, Hye-Jin. The Relationship between Regional Specialization and Income in Manufacturing Industry. 2020; 104 133-150. Available from: doi:10.15793/kspr.2020.104..008
Dong, Jinwoo and Jung, Hye-Jin. "The Relationship between Regional Specialization and Income in Manufacturing Industry" The Korea Spatial Planning Review 104(2020) : 133-150.doi: 10.15793/kspr.2020.104..008
Dong, Jinwoo; Jung, Hye-Jin. The Relationship between Regional Specialization and Income in Manufacturing Industry. The Korea Spatial Planning Review, 104, 133-150. doi: 10.15793/kspr.2020.104..008
Dong, Jinwoo; Jung, Hye-Jin. The Relationship between Regional Specialization and Income in Manufacturing Industry. The Korea Spatial Planning Review. 2020; 104 133-150. doi: 10.15793/kspr.2020.104..008
Dong, Jinwoo, Jung, Hye-Jin. The Relationship between Regional Specialization and Income in Manufacturing Industry. 2020; 104 133-150. Available from: doi:10.15793/kspr.2020.104..008
Dong, Jinwoo and Jung, Hye-Jin. "The Relationship between Regional Specialization and Income in Manufacturing Industry" The Korea Spatial Planning Review 104(2020) : 133-150.doi: 10.15793/kspr.2020.104..008