The Korea Local Administration Review

The purpose of this research was to evaluate the effectiveness of the policy of “Innovative City” on the population influx in young adults population aged 20 to 39. This paper aims to fill the research gap by evaluating to view the young adults population movement as effectiveness of the policy of “Innovative City.” Specifically, this research demonstrates empirically research questions: How do the policy of “Innovative City” affect population influx into young adult? What factors have caused to affect young adults population influx?
With using a panel dataset, the statistical modeling framework most closely aligned with the postulated causal process, and supportable with available data, was a difference-in difference (DID) methodology. The results of DID model are showing that the policy of “Innovative City“ has had statistically significant positive effects on the young adults population influx since 2016 to be completed the “Innovative City“ construction. Simultaneously, findings from this study provide empirical evidences that both effects of post-and-treatment did also significantly impact to population influx in young adults. The importance of this research stems from recognition that it is importance to evaluate the effectiveness of the policy of “Innovative City” in terms of simulating influx of young adults population aged 20 to 39. These finding can be informative for governments in responding to future mechanism on the decentralization policy in South Korea.