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The Income Effects of Decentralization of Population in Korea: An Econometric Investigation

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Author Info
Feridun, Mete

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Abstract

non-Capital Regions has become a serious issue despite the various decentralization policies instituted since the 1960’s. This study aims at analyzing the effect of decentralization of population in the capital region on income, and revealing the difference in productivity between the Capital and non-capital regions. The analysis begins with an estimate of production functions by region. It then analyzes the changes to employment as population decreases in the Capital region, and the economic effects on regional production through the movement of employment in each region. The results show that, decentralization in the capital region would result in decrease national income in Korea.

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File URL: http://mpra.ub.uni-muenchen.de/741/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 741.

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Date of creation: Mar 2005
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Publication status: Published in Regional and Sectoral Economic Studies 1.5(2005): pp. 21-38
Handle: RePEc:pra:mprapa:741

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Keywords: Decentralization Policy Total Factor Productivity Product Function

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Find related papers by JEL classification:
A10 - General Economics and Teaching - - General Economics - - - General
A1 - General Economics and Teaching - - General Economics

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This page was last updated on 2008-11-18.


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