Government has currently implemented policies to strengthen the competitiveness of small and medium sized cities. However, since it is often difficult to enhance the competitiveness through individual projects, many local governments in metropolitan a...
Government has currently implemented policies to strengthen the competitiveness of small and medium sized cities. However, since it is often difficult to enhance the competitiveness through individual projects, many local governments in metropolitan areas are working together to pursue local growth. On the other hand, small and medium sized cities that are not included in metropolitan areas due to their spatial limitations have difficulties in implementing effective growth policies. To address these issues, a regional approach, the concept of network city, suggests that various functional networks affect the growth of small and medium sized cities. Given this background, the purpose of this study is to identify the functional correlation based on urban interaction and build functional econometric model on the economic growth of small and medium sized cities.
This study uses spatial econometric models and functional weight matrix to identify the effects of functional networks on small and medium sized cities. The results suggest that the effect of functional networks on the growth of small and medium sized cities, and provides policy implications for regional spatial planning that addresses effective management of small and medium sized cities.