Impact of reduced working hours on urban economic dynamics
Citations

WEB OF SCIENCE

0
Citations

SCOPUS

0

초록

This study examines the unintended impacts of Korea's legally enforced 52-hour workweek policy, uniformly implemented across the workforce to reduce excessive working hours, on local urban economic activities. Using de facto population data from Seoul Metropolitan Government (2017-2019) as a proxy for local economic behaviours, the analysis captures district-level, time-specific population flows. A clustering method is applied to classify districts based on functional characteristics, controlling for regional heterogeneity, while a fixed effects model isolates temporal trends and policy enforcement impacts. Results reveal approximately 3% increased outflow of economically active populations during evening hours in business-centred districts after policy implementation, particularly during periods of strict legal enforcement. While effectively reducing excessive working hours, findings indicate the policy unintentionally suppresses after-work economic activities. The study proposes that labour regulation frameworks incorporate flexible institutional designs, reflecting regional and industrial diversity, to alleviate these unintended economic consequences.

키워드

Working hour reduction laweconomic activityde facto populationclusteringD90J00J08TIME REDUCTIONPOLICY
제목
Impact of reduced working hours on urban economic dynamics
저자
Park, ByungjinCho, Joonmo
DOI
10.1080/00036846.2025.2569767
발행일
2025-10-09
유형
Article; Early Access
저널명
Applied Economics