@article{ART003246921},
author={Hansoun Woo},
title={A Study on the Determinants of Manufacturing Firms’ Relocation Types and Their Regional Employment Effects},
journal={The Korea Spatial Planning Review},
issn={1229-8638},
year={2025},
volume={126},
pages={21-43},
doi={10.15793/kspr.2025.126..002}
TY - JOUR
AU - Hansoun Woo
TI - A Study on the Determinants of Manufacturing Firms’ Relocation Types and Their Regional Employment Effects
JO - The Korea Spatial Planning Review
PY - 2025
VL - 126
IS - null
PB - 국토연구원
SP - 21
EP - 43
SN - 1229-8638
AB - This study analyzes the determinants of manufacturing firms’ relocation types varying in the scope and direction of migration and examines the regional employment effects of relocating manufacturing firms. Results are as follows. First, the analysis of the effects of firm and regional level characteristics on manufacturing firms’ relocation reveals that the determinants vary depending on the types of relocation. Therefore, at the regional level, it is necessary to strategically identify target firms and industries by considering distinctive location preference factors for each relocation type, and to develop tailored incentive policies accordingly. Second, the regional employment effects of manufacturing firms’ relocation are assessed. Its results show that, regardless of the scope and direction of relocation, employment growth effects tend to be limited in the short term. In other words, manufacturing firms’ relocation doesn’t serve as a sustainable engine for regional job creation. Accordingly, there is a need to strengthen efforts to reform related systems and to design incentives in order to transform the limited effects of relocation into a more sustainable structure.
KW - Manufacturing Firms’ Relocation;Regional Employment Effects;Hierarchical Logit Model;Difference in Difference;Balanced Regional Development
DO - 10.15793/kspr.2025.126..002
ER -
Hansoun Woo. (2025). A Study on the Determinants of Manufacturing Firms’ Relocation Types and Their Regional Employment Effects. The Korea Spatial Planning Review, 126, 21-43.
Hansoun Woo. 2025, "A Study on the Determinants of Manufacturing Firms’ Relocation Types and Their Regional Employment Effects", The Korea Spatial Planning Review, vol.126, pp.21-43. Available from: doi:10.15793/kspr.2025.126..002
Hansoun Woo "A Study on the Determinants of Manufacturing Firms’ Relocation Types and Their Regional Employment Effects" The Korea Spatial Planning Review 126 pp.21-43 (2025) : 21.
Hansoun Woo. A Study on the Determinants of Manufacturing Firms’ Relocation Types and Their Regional Employment Effects. 2025; 126 21-43. Available from: doi:10.15793/kspr.2025.126..002
Hansoun Woo. "A Study on the Determinants of Manufacturing Firms’ Relocation Types and Their Regional Employment Effects" The Korea Spatial Planning Review 126(2025) : 21-43.doi: 10.15793/kspr.2025.126..002
Hansoun Woo. A Study on the Determinants of Manufacturing Firms’ Relocation Types and Their Regional Employment Effects. The Korea Spatial Planning Review, 126, 21-43. doi: 10.15793/kspr.2025.126..002
Hansoun Woo. A Study on the Determinants of Manufacturing Firms’ Relocation Types and Their Regional Employment Effects. The Korea Spatial Planning Review. 2025; 126 21-43. doi: 10.15793/kspr.2025.126..002
Hansoun Woo. A Study on the Determinants of Manufacturing Firms’ Relocation Types and Their Regional Employment Effects. 2025; 126 21-43. Available from: doi:10.15793/kspr.2025.126..002
Hansoun Woo. "A Study on the Determinants of Manufacturing Firms’ Relocation Types and Their Regional Employment Effects" The Korea Spatial Planning Review 126(2025) : 21-43.doi: 10.15793/kspr.2025.126..002
