바로가기 메뉴
메인메뉴 바로가기

KIET Industrial Economic Review

  • 보고서
  • 정기간행물
  • KIET Industrial Economic Review

Determinants of Offshore Regional Income Outflow and Policy Implications in Korea

저자 Cho Sung-Min 발행일 제 호 (2019.04.30)
원문 pdf 

Regional development that includes income distribution and qualitative growth is one of the major issues in regional economics.
Furthermore, Korean regional governments set regional development as a main goal and strive to improve it. However, regional income-Product(Gross Regional Domestic Product, GRDP) in non-capital area has been flowing out into capital area. Consequently, income-distributed (Gross Regional National Income, GRNI) towards non-capital area residents is lower than income-produced by them.

This raises concerns about diminishing residents’ sentiment toward regional development.

Inter-regional income flow is a natural phenomenon in an open economy where physical constraints are relatively low. Yet it is problematic that the amount of income outflow from certain non-capital regions is gradually increasing.