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Subject

Analysis on the Determinants of the Total Factor Productivity and Estimation of Production Function with Telecommunication Facilities Investments for the 16 Metropolitan & Provincial Regions in Korea
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지역관점에서 정보통신설비투자를 고려한 생산함수의 추정 및 총요소생산성(TFP) 결정요인 분석 : 16개 시·도 중심으로

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Type
Academic journal
Author
Wanghun Seok (한국전자통신연구원) Sunju Kho (한국전자통신연구원) Chuhwan Park (영남대학교)
Journal
The Korean Regional Development Association Journal of The Korean Regional Development Association Vol.27 No.3 KCI Accredited Journals
Published
2015.9
Pages
119 - 138 (20page)

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Analysis on the Determinants of the Total Factor Productivity and Estimation of Production Function with Telecommunication Facilities Investments for the 16 Metropolitan & Provincial Regions in Korea
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Abstract· Keywords

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This study conducts an analysis on the determinants of the total factor productivity with telecommunication facilities investments by using random coefficient model for the 16 metropolitan and provincial regions in Korea. The estimation coefficients with including the telecommunication facilities investment in production function as a production factor show that total telecommunication investment, fixed telecommunication investment, and the mobile telecommunication investment have statistically significant effects on the output. In addition, the results of the determinants for the total factor productivity which is characterized as an dependent variable indicates that capital and labor per capita have a negative effect on the total factor productivity, however, three different types of telecommunication investment, energy consumption per capita, and research and development per capita have a positive relationship with total factor productivity. We except from this results that telecommunication investment based on the different regional production
structure can increase the total factor productivity and can be used as a policy guidelines.

Contents

Abstract
1. 서론
2. 선행연구
3. 분석모형
4. 실증분석결과
5. 결론 및 시사점
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UCI(KEPA) : I410-ECN-0101-2016-309-001935738