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Analysis of the Productivity and Technological Change of the Manufacturing and Service Industries in Korea  

Bae, Young-Im (Department of Industrial Engineering, Sungkyunkwan University)
Song, Sung-Hwan (Department of Industrial Engineering, Sungkyunkwan University)
Gwon, Seong-Hoon (Department of Management of Technology, Sungkyunkwan University)
Hong, Soon-Ki (Department of Industrial Engineering, Sungkyunkwan University)
Publication Information
IE interfaces / v.21, no.3, 2008 , pp. 312-321 More about this Journal
Abstract
The productivity increase by technological advance is the biggest driving force of economic growth. In this paper, we investigate the inputs and outputs of the manufacturing and service industries in Korea. We also estimate the total and partial factor productivities of both industries using the Solow model and the Kendrick model. Finally, we analyze the contribution of each input factor to industrial growth.
Keywords
total factor productivity; labor productivity; capital productivity; growth factor;
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