Regional economic resilience and long-term employment growth: decomposing structural transitions in South Korean metropolitan areas

Jihan Park () and Donghyun Kim ()
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Jihan Park: Pusan National University
Donghyun Kim: Pusan National University

The Annals of Regional Science, 2025, vol. 74, issue 2, No 15, 29 pages

Abstract: Abstract This study investigates the factors driving regional structural transformation and long-term growth, focusing on seven metropolitan areas of the South Korea from 1996 to 2016, a period that saw two global economic shocks. Using the Census on Establishments database from Statistics Korea, we employ four-way multifactor partitioning across regions, industries, genders, and decent jobs. Findings show that long-term regional employment growth and adaptation process are primarily driven by region effects rather than the industrial structure. Industry mix matters more for short-term shock responses, with sector-specific sensitivities. Gender and decent-job effects have limited influence on long-term growth but revealed distinct structural responses across different shock periods. Our findings underscore the importance of distinguishing between short-term resilience and adaptation strategies, with institutional foundations playing a central role in sustainable regional development. They also highlight the structural role of gender and decent jobs in adaptive resilience, suggesting a need to improve women's job quality.

JEL-codes: J21 R11 R58 (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/s00168-025-01383-5

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