EXAMINATION OF REGIONAL GROWTH POTENTIALITY FOR GYEONGNAM IN SOUTH KOREA.
Journal Title: International Journal of Advanced Research (IJAR) - Year 2018, Vol 6, Issue 7
Abstract
In this study, we carried out location quotient analysis (LQA) to estimate specialization of livestock for individual cities in Gyeongnam at South Korea, 2014. The specialized animal species were evaluated for contribution rate to regionally economic growth based on gross regional domestic product (GRDP) from 2005 to 2014. The specialized domestic animals according to results of LQA included deer, duck, Korean cattle, pig and chicken. The results of regional growth rate differential analysis (RGADA) of Korean cattle, pig and chicken in the cities such as Gimhae, Miryang, Changnyeong, Goseong, Sancheong and Hapcheon in Gyeongnam maintained growth capability in the cities. When compared to other cities in South Korea, livestock industries in their cities were relatively high competitiveness. Therefore, we suggest that their cities induce intensively promotion of Korean cattle, pig and chicken industries for development and growth of regional economy. Furthermore, it is estimated that the results in this study are useful not only for establishment of regional animal husbandry policy but also for decision-making to select a city and livestock type of pre-entrepreneurs who want to start-up in animal husbandry sector.
Authors and Affiliations
Tae Wan Kim, Chi Won Noh, Chul Wook Kim, Sam Woong Kim.
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