Building an Integrated Trans-Border Economic Region between Busan and Fukuoka

Seoul Journal of Economics, Vol. 24, No. 2, pp. 197-220, 2011

24 Pages Posted: 5 Jun 2011

See all articles by Naoto Takaki

Naoto Takaki

Kyushu Economic Research Center

Jung Duk Lim

Pusan National University

Date Written: May 30, 2011

Abstract

With an overview of the increasing local-to-local interaction between Fukuoka and Busan, this article discusses the impact of trans-border interactions on the tourism, logistics, and manufacturing industries in these cities with reference to the case of the Øresund trans-border cooperation between Denmark and Sweden. As a response to increased interaction, Busan and Fukuoka agreed to build an integrated trans-border economic region in 2009. However, such issues as integrated business environment and trans-border industrial cooperation must be addressed in order to achieve the goal of integrated development across the border. On an optimistic note, this paper concludes that the creation of the Busan-Fukuoka region can result in a model for cross-border cooperation in Northeast Asia.

Keywords: Trans-border economic zone, Japan-Korea Strait, Intra-industry trade, Busan-Fukuoka

JEL Classification: R58

Suggested Citation

Takaki, Naoto and Lim, Jung Duk, Building an Integrated Trans-Border Economic Region between Busan and Fukuoka (May 30, 2011). Seoul Journal of Economics, Vol. 24, No. 2, pp. 197-220, 2011, Available at SSRN: https://ssrn.com/abstract=1857280

Naoto Takaki

Kyushu Economic Research Center ( email )

1-9-48, Daimyo
Chuo-ku
Fukuoka, 810-0041
Japan
+81-92-721-4900 (Phone)
+81-92-716-4710 (Fax)

Jung Duk Lim (Contact Author)

Pusan National University ( email )

mulgeumup beomyeli
Pusan 609-735, 50612
Korea, Republic of (South Korea)
+82-16-9280-6277 (Phone)

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