000			01738nam a22001457a 4500
999			_c528853 _d528853
008			250127b ||||| |||| 00| 0 eng d
100			_aJung, Hoyong _950389
245			_aRelocation of public institutions and local public finance: Evidence from south Korea
260			_aInternational Review of Administrative Sciences
300			_a90(4), Dec, 2024: p.741-758
520			_aAn extensive, large-scale relocation of public institutions occurred in South Korea in the 2010s. The local policy governing this relocation was implemented to mitigate metropolitan concentration and advance equitable regional development. The policy's ultimate goal was to bolster the fiscal foundations of local governments to facilitate regional economic self-sufficiency. This study employs a synthetic differences-in-differences methodology to analyze the repercussions of public institution relocation on local government revenue. Ultimately, our findings fail to provide unequivocal evidence of a significant impact on various local revenue streams; in fact, they indicate a decrease in total revenue per capita. This study intimates that, from a local fiscal perspective, the efficacy of local reinvigoration policies via the relocation of public institutions may be limited, underscoring the importance of implementing a range of supplementary measures to facilitate the transformation of these urban centers into self-sustaining entities.- Reproduced https://journals.sagepub.com/doi/abs/10.1177/00208523241238214
650			_aPublic institutions, place-based policy, Relocation, Local public finance, Synthetic difference, In-differences, South Korea. _950390
773			_aInternational Review of Administrative Sciences
942			_cAR