The role of seaports in regional employment: evidence from South Korea

Young Joon Seo, Jin Suk Park

Research output: Contribution to journalArticlepeer-review

18 Scopus citations

Abstract

The role of seaports in regional employment: evidence from South Korea. Regional Studies. This study examines the seaport’s influence on regional employment in all 16 regions of Korea, including seven metropolitan areas, based on panel data between 2002 and 2013. It expands an economic model of regional unemployment from labour economics and an autoregressive model from econometrics by employing port potentials separately estimated in a Tobit model. The result indicates that port activities significantly reduce regional unemployment rates relative to the national level. The role of population, gross domestic product (GDP) and household income on unemployment rate was highlighted, whilst various determinants of port potentials were investigated about whether they stimulate port potentials.

Original languageEnglish
Pages (from-to)80-92
Number of pages13
JournalRegional Studies
Volume52
Issue number1
DOIs
StatePublished - 2 Jan 2018

Keywords

  • employment
  • labour economics
  • seaports
  • South Korea

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