• International Area Studies Review
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• v.22 no.3
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• pp.175-200
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• 2018

Since the 1990s rising intangible asset has become one of the main driving forces of investment stagnation and jobless growth in advanced income countries. We investigate how does the impact of firms' profitability on employment growth depends on the intangibility and whether the relationship between profitability and tangibility has complementarity. With data on Korean firms over the period 1988~2017 we investigate the effects of intangibility and profitability on employment growth based on the econometric approach of system GMM. The empirical results are as follows. (1) the profit rate has gradually led to lower employment growth, while it had positive effect on employment before the period of financial crisis. The estimated values and signs of profit rate coefficients varies from traditional industries to high/medium tech. industries. (2) the effect of increasing asset intangibility ratio on employment growth is negative and statistically significant. (3) the coefficients of interaction term of (profit rate ${\times}$ intangibility ratio) have significant negative values. It means employment effect of profit rate are becoming higher(lower) as intangibility ratio is at the lower(higher) level; profits rate and intangibility are not complement with each other. The results imply that to boost employment industrial policy which has the capacity to coordinate business intangibility is preferred to expansionary demand policy.

• The Journal of the Convergence on Culture Technology
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• v.6 no.2
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• pp.15-23
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• 2020

This study aimed to analyze effects of non-regular employment rate and female employment rate on fertility rate in OECD county. We adopted dynamic panel model after classifying OECD county to high and low fertility rate. The results of analysis showed that the higher non regular employment rate, the lower female employment rate, and the lower economy growth rate decrease fertility rate especially in low fertility rate country. While, only the higher house rental decrease in high fertility country. This results indicate that low fertility country including Korea should improve a labor policy such as strengthening employment security and encouraging female employment to increase fertility rate.

• Korea journal of population studies
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• v.31 no.1
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• pp.27-54
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• 2008

The purpose of this study is to analyze the effect of policy boosting fertility and labor participation rate on potential GDP growth rate. To do this, we employ a growth accounting approach, which decomposes per capita GDP into two parts. The first one is the change of dependency ratio and the other is the change of labor input. The labor input is again decomposed into the qualitative and quantitative parts. The quantitative part considers the change of labor participation rate and working time. The qualitative aspects is based on the trend of productivity of labor. From the scenarios of NSO(National Statistics Office), the effect of the fertility-raising policy on per capita potential GDP growth rate is calculated and projected to the year of 2050. We also forecast the policy effect inducing high labor participating rate of female labor and beyond 55-year old labor. The baseline results show that the per capita GDP growth rate will show mid 4% to the year of 2010, gradually declining to 3.94% by 2020, 3.03% by 2030, 2.41% by 2040. The high fertility rate scenario will not have effects on the potential growth by 2030, but show 0.10%p higher per capita GDP growth rate than that of baseline scenario result. By the high female labor participation policy, the per capita GDP growth rate will reach 0.04%p higher per capita GDP growth rate than that of baseline scenario. Based on the results of this paper, we conclude that the quantitative labor input cannot solely account for the trend decline of potential GDP, and the qualitative aspect, like labor productivity, is much more important element to sustain and boots the economic growth.

• Cement
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• s.193
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• pp.42-48
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• 2012

최근 지속되는 건설경기의 침체가 심각하다. 산업연관효과가 높은 건설업이 위축되면 타 분야의 생산 활동이 감소하고, 이에 따라 실업 문제도 악화된다. 여기서는 건설업 위축의 경제적 파급효과를 분석함으로써 건설업 성장률 하락에 따른 '경제성장률 기회손실'이 어느 정도인지 파악하는 한편 산업연관분석을 이용하여 '생산 및 고용 기회손실'을 추정해 보았다. 그 결과 건설업 성장률이 경제성장률을 하회하는 등 건설업 거시지표가 악화되고 있는 것으로 나타났다. 그 여파로 2011년 경제성장률 기회손실은 0.5%p 발생한 것으로 추정되는 등 연관산업의 동반침체가 우려되고 있다.

• The Journal of the Korea Contents Association
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• v.15 no.12
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• pp.541-549
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• 2015

Research about U.S. and European countries demonstrated that startups and young firms account for nearly all net job creation. If we want to bring down unemployment and to increase economic growth rate, we need to create new companies and to make them to grow. Credit availability is one of the most important factors for entrepreneurs as they attempt to start or expand a business. For young firms, access to credit for business growth can mean the difference between survival and failure. Equity crowdfunding is an innovative means of raising capital for businesses. Crowdfunding campaigns can give new business access to a large pool of investors. This brings huge benefits for marketing and increase provability of success of business and ROI, so it leads follow-on investment from Venture Capital and Angel investors. In Korea, the survival rate of startups and average growth rate of survivors is far lower than those of the U.S or other countries due to lack of funds for startup or early business growth. Equity crowdfunding can be a new funding source for venture or startups. It can increase startup and survival rate, in addition to the growth rate of survivors, resulting in decreased unemployment rate. In Korea, Equity crowdfunding will be available from 2016. Further study is needed to determine whether the impact of crowdfunding in Korea on job creation will be similar to its impact in the U.S.

• Journal of Labour Economics
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• v.34 no.3
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• pp.59-80
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• 2011

Using methods for the analysis of non-stationary series and error correction models, this study estimates the elasticity of employment with regard to growth rate and its variability. The authors could not find any significant evidence that elasticity has reduced during the last 25 years, which implies that the slow-down of the employment growth did not result from a reduction of the elasticity but from the GDP growth slow-down. Therefore, policy efforts to enhance the capacity of job creation should be made in a manner that can extend the long-term growth potential.

• Economic Analysis
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• v.25 no.1
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• pp.66-122
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• 2019

As the Korean economy grew, employment expanded steadily, with the number of economically active people increasing and the employment-to-population rate also increasing. However, the working age population started to decline in 2017, and the employment of women and young people has been sluggish. The proportion of non-salaried workers in Korea is much higher than in other OECD countries, and is also excessive, considering Korea's income levels. In addition, the proportion of non-regular workers and the proportion of workers employed at small companies are particularly high among salaried workers. In light of these characteristics of Korean employment, the urgent problems facing the employment structure can be summarized by the deepening dual structure of the labor market, the increase in youth unemployment, sluggish female employment figures, and an excessive share of self-employment. Overall, it is seen that labor market duality is the main structural factor of the employment problems in Korea. Therefore, in order to fundamentally address this employment problem, it is necessary to concentrate policy efforts on alleviating labor market duality.

• 월간 기계설비
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• s.244
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• pp.27-29
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• 2010

정부는 지난 10월 12일 "성장 고용 복지"의 선순환을 통해 우리 경제가 2020년까지 선진국으로의 도약 및 선진국 수준의 고용률 70% 목표 달성을 위한 국가고용전략을 발표하고, 이에 따른 5대 과제를 선정했다. 정부가 마련한 일자리 희망 5대 과제는 (1) "지역 기업"이 주도하는 일자리 창출 (2) 공정하고 역동적인 노동시장 구축 (3) 일 가정 양립 상용형 일자리 확대 (4) 생애 이모작 촉진 (5) 일을 통한 빈곤탈출 지원 등이다. 이번 국가고용전략에는 건설업 맞춤형 대책이 포함돼 건설업계도 적지 않은 변화를 가져올 전망이다. 고용노동부는"건설업에서 고질적 문제로 지적돼 온 과도한 노무비 삭감, 유보임금, 숙련기능인력 부족, 불법 외국인 근로자 사용 등에 대한 근본적인 개선방안을 마련할 방침"이며 특히 정부 발주 공사의 경우 근로자 노무비를 사전에 공사원가에 반영하는 방안을 협의 중에 있다.

• The Optical Journal
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• s.137
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• pp.19-21
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• 2012

2012년 임진년을 맞이하여 정부가 예상하는 경제 성장률은 3.7%이며 2011년의 3.8%에 이어 계속 낮은 경제 성장을 예측하고 있다. 과거 80, 90년대의 높은 경제 성장률 시대는 이미 지나갔고 앞으로는 고용 없는 낮은 성장을 예상하고 있다. 특히 유럽의 재정위기 때문에 2012년에는 불확실성이 증가하고 이에 따라 경제가 더욱 어려울 것으로 예상하고 있으므로 광학산업도 이에 따른 영향을 받을 것으로 예측할 수 있다. 그러면 각 회사들은 이 위기를 어떻게 헤쳐 나가야 하는가? 아마도 현실에 안주하지 않는 도전정신으로 다가 올 경제 위기를 새로운 발전의 기회로 만들기 위해 각 사업체들은 미래를 대비한 다양한 준비를 R&D를 통하여 진행하고 있을 것으로 보인다.

• 한국벤처창업학회:학술대회논문집
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• 2021.11a
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• pp.27-32
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• 2021

정부는 더불어 잘사는 경제, 성장의 과실이 국민 모두에게 골고루 돌아가는 경제를 국정과제로 제시하면서 역동적인 벤처창업 생태계를 만들기 위해 창의적인 벤처기업과 혁신적 창업자 육성을 중점 추진하고 있다. 정부의 다양한 노력에 힘입어 벤처투자금액 및 기술창업기업이 지속적으로 증가하는 등 벤처창업 생태계가 지속적으로 개선되고 있으나 COVID-19 이후 성장률이 급격히 낮아지고 청년층의 실업률이 급등하는 등 우리 경제는 저성장 국면이 장기화되고 있는 상황이다. 경제의 성장 활력을 증진시켜 부가 가치를 높이기 위해서 벤처창업기업의 혁신과 성장을 통한 일자리 창출이 당면과제로 부각되고 있고 특히 4차 산업혁명 환경에서 글로벌 경쟁력을 갖춘 혁신형기업의 중요성이 더욱 높아지고 있는 상황에서 우리 경제의 당면 과제인 성장잠재력 회복과 일자리 창출을 위해서는 기술 기반 중심의 벤처창업의 활성화가 가장 효과적인 방안으로 제시되고 있다. 본 연구에서는 벤처창업기업의 혁신과 성장을 위한 정부의 다양한 육성시책을 고찰하고 기술 기반 벤처창업기업의 생존과 성장, 및 일자리에 미치는 특성을 분석하였다. 또한 본 연구 결과를 바탕으로 벤처투자금액이 지속적으로 증가하고 있는 상황에서도 민간 금융기관 입장에서 벤처창업기업이 여전히 고(高)위험-저(低)수익 대상으로 여기고 있는 벤처투자시장의 구조적 문제점을 해결하기 위한 정책 대안을 제시하였다.