Identifying the Impact of Highway Accessibility on Manufacturing Firm Location in Korea

The location of industrial firms is an important matter of freight transport for the economical movement of goods in reducing transport costs and travel distance. This study suggests strategies for freight transport management, investigating the impact of transport infrastructure on the location cho...

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Bibliographic Details
Published in:KSCE journal of civil engineering 2021, 25(9), , pp.3523-3532
Main Author: Kim, Junghwa
Format: Article
Language:English
Subjects:
Accessibility
Airports
Civil Engineering
Costs
Economic activity
Engineering
Freight transportation
Geotechnical Engineering & Applied Earth Sciences
Highway construction
Industrial Pollution Prevention
Infrastructure
Labor productivity
Manufacturing
Manufacturing industry
Mathematical programming
Public transportation
Roads & highways
Smart growth
Transportation Engineering
Transportation management
Transportation planning
Transportation terminals
Urban planning
토목공학
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Summary:The location of industrial firms is an important matter of freight transport for the economical movement of goods in reducing transport costs and travel distance. This study suggests strategies for freight transport management, investigating the impact of transport infrastructure on the location choice of firms in the manufacturing industry by sector at the micro-spatial level using a time-fixed/region-random effects two-way error component model. The estimated models consider manufacturing firms classified into four sectors (i.e., high, medium-high, medium-low, and low technology). Different types of transport infrastructure variables were found to influence the location choice of firms, depending on the transport accessibility and cost-efficiency needs of each manufacturing sector. The findings presented in this paper provide evidence useful to establish geographical policy strategies towards infrastructure planning for smart growth.
ISSN:1226-7988
1976-3808
DOI:10.1007/s12205-021-2218-8