| 사업 종류 | 국제학술대회 |
| 날짜 | 2024년 6월 29일-7월3일, 7월 3일 발표 참여 |
| 장소 | 미국 워싱턴주 시애틀 |
| 주제 | Did Local Currency Change the Transportation Behavior of Residents? |
| 내용 | 2024년 7월 3일 8:15-10:00 동안 진행된 [332] Currency, Growth, and Transfers 세션에서 ‘Did Local Currency Change the Transportation Behavior of Residents?’ 주제로 발표를 했다. 함께 참여한 John Early가 본인 논문의 토론을 담당했고 본인은 Alex James의 논문의 토론에 참여했다.
(논문초록) The local currency is a voucher in South Korea that the local government issues to revitalize the local economy. Consumers can use local currency only in local stores and small businesses. We employ a difference-in-differences method to estimate the effect of local currency on people’s transporting behavior. We focus on the changes in areas where local currencies were implemented between 2010 and 2016 with data from the Household Travel Survey. Our main results suggest that eople travel shorter and less after the implementation of the local currency. We find that the reason for these results is because transportation takes place in people’s neighborhood, making it faster and more efficient. These findings contribute to policy decisions to be made regarding local currency and any transfers that use restriction in usage to protect targeted businesses and stimulus spending. |
