The spatial agglomeration of korean logistics and its influence on the growth of the logistics industry

Abstract

This study is to identify the spatial concentrations of logistics businesses per region, to find out how this spatial variable affects the growth of the logistics industry and the regional economy, and based on the findings, to suggest political implications for the nation and local governments regarding the logistics industry. The implications of this study are as follows. First, despite the fact that the National Logistics Master Plan (2016-2025) was established at a national level to build and operate the logistics bases and networks and to strengthen the logistics clusters, there have been few studies on what effects the spatial concentration of logistics businesses has on production activities of the logistics industry. Considering the current situation, the results of this study will serve as a theoretical basis for supporting the policies on logistics clusters. As a result of estimation from a panel data model as in the logistics industry growth model (Model 1), the location quotient (LQ) and the concentration type dummy variables were found to be statistically significant, and the classification and concentration of logistics businesses according to their spatial characteristics was found to contribute to the growth of the logistics industry.