Credit Guarantee Policy and Spatial Information during the Economy Changes : Special Warranty for MERS-CoV

Abstract

This study suggests the utilization of spatial information in the formulation of government's support policy in order to cope with industrial activity uncertainty such as MERS. As an example, the Jeju Credit Guarantee Foundation established the appropriate support policy through 'MERS Special Guarantee' and this study suggested that spatial information can provide important information. MERS was not directly propagated to Jeju Island, but regional economy received a big blow. So, this study analyzed the effect of MERS special guarantee by industry analysis and data envelopment analysis. As a result, the support effect of the MERs special guarantee was significant, and the efficiency of 'food and lodging business' and 'wholesale and retail business' was high. Through this case, modern society confirmed that the limit of