- Volume 29 Issue 1
DOI QR Code
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
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.
Supported by : 한국은행 대구경북본부
- Blum, U., Haynes, K. E., and Karlsson, C (1997). The regional and urban effects of high-speed trains, The Annals of Regional Science, 31, 1-20. https://doi.org/10.1007/s001680050036
- Chen, G. and Silva, J. A. (2011). The regional impacts of high speed rail: A review of methods and models, Transportation Letters: the International Journal of Transportation Research, 5, 131-143.
- Cho, N. G. (2006). Socio-economic effect of high speed trains, Journal of the Korea Society for Railway, 9, 10-14.
- Cho, N. G., Lee, H. K., and Jin, S. H. (2005). Analysis on the straw effect by the High speed rail: focusing on the shopping trips, The Korea Spatial Planning Review, 47, 107-123.
- Chung, I. H. and Lee, S. W. (2011). The effects of KTX on population distribution between 2004 and 2009, Journal of the Korean Regional Science Association, 27, 121-138.
- Hur, J. W. (2010). A critical review on the straw effects of high speed train, Journal of the Korean Urban Management Association, 23, 59-74.
- Hwang, S. P. and Jung, W. S. (2014). Analysis of relationship between real estate market and consumer behavior, The bank of Korea Issue Note.
- Kim, I.-J., Sohn, H.-G., and Kim, S. (2014). A study on demand forecasting for KTX passengers by using time series models, The Korean Journal of Applied Statistics, 27, 1257-1268. https://doi.org/10.5351/KJAS.2014.27.7.1257
- Kim, J. H., Lee, J. H., and Lee, J. H. (2010). Changes in healthcare utilizations of cancer patients since the launch of KTX, Journal of the Korean Society for Railway, 13, 236-243.
- Kim, J. H., Lee, J. H., Ryu, W. G., Bang, S. A., Kang, S. D., Lee, J. H., Kim, M. S. and Ruy, Y. K. (2008). Health impact assessment of high speed train (KTX) in Korea, Technical report, Korea Institute for Health and Social Affairs, .
- Lee, C. K. and Gwak, J. M. (2005). Impact of KTX on regional economy, Technical report, Daegu Gyeongbuk Development Institute.
- Lee, J. H., Lee, W. and Jung H. (2011). Determinants of bypass healthcare utilization for hospitals in Seoul -The case of KTX passengers-, Journal of Korea Contents Association, 11, 259-274.
- Lee, G. C. (2004). High speed trains and local administration, Journal of Local Government Studies, 53, 36-45.
- Lee, S. N. and Kim, S. S. (2012). An analysis on the impacts of transportation infrastructure on regional economic growth considering spillover effects, Journal of Korea Transportation Research Society, 66, 233-238.
- Lee, Y. H., Ryu, K. E., and Kim, M. S. (2005). Economic spillover effects of airport investment on regional production, Journal of Korea Transportation Research Society, 23, 37-50.
- Lim, J. H., Seo, E. Y., and Won, J. M. (2013). An analysis of the impact factors affecting KTX station areas, Journal of Korea Planning Association, 48, 153-166.
- Oh, J. H. (2009). Research on the specialization of KTX station areas, Technical report, The Korea Transport Institute.
- The Bank of Korea, Busan Branch (2012). Characteristics of consumption flow in Busan area in the view of credit card consumption, Technical Report.
- Zhang, M., Wu, Q., Wu, D.999, Zhao, L., and Liu, X. (2014). Analysis of the influence on regional economic development of high-speed railway, Journal of Chemical and Pharmaceutical Research, 6, 243-254..