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The impacts of high speed train on the regional economy of Korea

고속철도(KTX) 개통이 지역경제에 미치는 영향 분석과 시사점

  • Park, Mi Suk (Daegu & Gyeongbuk Branch, The Bank of Korea) ;
  • Kim, Yongku (Department of Statistics, Kyungpook National University)
  • Received : 2015.10.16
  • Accepted : 2015.11.18
  • Published : 2016.02.29

Abstract

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.

Acknowledgement

Supported by : 한국은행 대구경북본부

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