韓國 都市인프라 生産費用隔差에 관한 實證的 分析

Urban Infrastructure Provision Cost Disparity Analysis in Korea

Collapsed bridges, unreliable mass transit and tap water, jammed and worn-out road, all offer eloquent testimony regarding the deterioration of Korea's public works infrastructure. Also the physical, technological and fiscal foundations offer an other testimony of system failure of urban infrastructure in Korea. This paper mainly aims at drawing the urban infrastructure provision cost disparity index using public goods theory. Starting from reviewing the various approaches for public goods provision in the literature, theoretical models are selected for our empirical estimation. Besides fiscal capability of city, the effects of socio-economic and environmental factors for urban infrastructure provision are analyzed. Average land price which is calculated through 449,925 standard lots across nations, number of automobiles per road length within city, etc are used for empirical estimation. It is very important to improve efficiency in allocating government budget across regions as well as activating private participation projects. The major findings will be helpful in managing budget in relation with the intergovernmental grants and expenditures.