국제무역 활성화를 위한 서비스산업과 고용창출에 관한 실증연구

An Empirical Study on Services Industry and Job Creation for the Revitalization of International Trade

This paper investigates how industrial diversity of each region’s changes over time affects regional job creation in Korea. For these purposes, we measure entropy maximization indexes using the 2006-2014 annual data of 16 subregions in Korea, and use panel model for empirical analysis. The main results from this empirical analysis are summarized as follows. First, we found that the structure of service industry in most regions except some regions has been changed into the direction of diversity when the changes in the values of Entropy maximization indexes was analyzed during the period. Second, the relationship between regional unemployment rate and Entropy maximization indexes shows that the lower the diversity of the service industry, the higher the unemployment rate. In other words, this means that specialization policies that take into account the industrial characteristics of the region are not more advantageous for job creation in the region than the policies that promote diversity in the service industry. Therefore, Korea’s sub-region government should be used as a new power in regional job creation and growth by exploring and nurturing service industries that can strengthen inter-industry or intra-industry linkages and improve competitiveness through closer scrutiny of changes of base industry in regional rather than encouraging job creation through diversity of service industries in the region.