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The impacts of high speed train on the regional economy of Korea
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 Title & Authors
The impacts of high speed train on the regional economy of Korea
Park, Mi Suk; Kim, Yongku;
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High-speed railway (Korea Train Express) has had a deep impact on the regional economy of Korea. Current high-speed rail research is mostly theoretical, there is a lack of quantitative research using a precise algorithm to study the effect of high-speed railway on the regional economy. This paper analyses the influence of high-speed rail on the regional economy, with a focus on the Daegu area. Quantitative analysis using department store indexes and regional medical records is performed to calculate the economic influence of high-speed rail. The result shows that high-speed railway effects the regional economy though regional consumption growth and medical care trends.
department store index;economic model;high speed train;Korea Train Express(KTX);medical care trend;regional economy;
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