Ports as catalysts: spillover effects of neighbouring ports on regional industrial diversification and economic resilience

Jung-In Yeon, Sojung Hwang and Bogang Jun

Regional Studies, 2024, vol. 58, issue 5, 981-998

Abstract: Recognising the intricate link between ports and regional economies, this study investigates the spillover effects of neighbouring ports on regional industrial diversification and economic resilience. Analysing South Korea’s 2006–20 export data from port and neighbouring port regions, it uncovers the unique feature of ports as a distinctive knowledge source within their port regions, mainly attributable to the respective logistic and trade systems governing similar product groups. The paper confirms that ports facilitate industrial diversification through spillover effects when it is related with the regional industries. Emphasising ports’ role in strengthening economic resilience, it highlights their significance in nurturing emerging industries post-crisis.

Date: 2024
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DOI: 10.1080/00343404.2023.2268174

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