earticle

영어

The purpose of this study is to investigate the impact of Korea’s regional logistics industry on economic growth, considering the network and spillover effects, and to derive the optimal efficiency area for effect of the logistics industry on the economic growth and to provide implications for the establishment of logistics policies. The analysis is doned by using general panel model and dynamic panel model. The results of the empirical analysis are as follows: First, the impact of the growth of the logistics industry on economic growth is large in the Jeolla and Seoul metropolitan area and relatively small in South-east and Chungcheong area. This phenomenon occurred similarly to effect of the growth of the logistics industry, measured in capital, such as roads, on its own economic growth. Next, the effect of the spillover effect of the growth of logistic industry in other area on economic growth in own area is as follows: In the Seoul metropolitan area and Jeolla area, the synergy effect from the spillover effect with other regions as a whole is absolute and relatively large. In relation to the impact of the growth of the logistics industry measured by capital, such as roads, spillover effect of capital networks with other area on economic growth is relatively large in Jeolla and Chungcheon area. The impact of the growth of the logistic industry of integrated area on the economic growth of the integrated area is absolutely large when all the areas integrate with the Seoul metropolitan and Jeolla area. while the spillover effect of the integrated area with the Chungcheong area on the integrated area’s own economic growth is smallest. In addition, when other areas integrate with the Seoul metropolitan area, the effect on economic growth of the integrated area is relatively large. Based on the above analysis results, it suggest that a new ‘policy area’ is needed considering the spillover effect of each area rather than an administrative area in relation to establishment of the policy of logistics industry.