• Journal of Labour Economics
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• v.43 no.2
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• pp.135-159
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• 2020

This paper analyzes and compares the effects of various government subsidies to improve labor productivity. Laborers are differentiated in learning ability, and duopsonists in the labor market sequentially determine the quality levels and wages of employed laborers in a two-stage noncooperative game under perfect information. If a subsidy is given to the advanced firm in quality and productivity of labor, that firm will prefer to intensify wage competition due to strengthening its competitiveness in the labor market, and attempt to lower its quality in order to reduce the degree of differentiation in quality. At that time, the other firm wants to avoid competition because of its weakened competitiveness, and may have an incentive to lower the quality level to expand the differentiation. If the government subsidizes low-quality and low-productivity firm, it is motivated to increase its quality level to reduce differentiation due to the strengthening of competitiveness, and its competitor has an incentive to improve the quality to expand the differentiation. And there is no significant difference in whether payments are made to laborers or firms.

• Journal of Environmental Policy
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• v.8 no.1
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• pp.49-72
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• 2009

To analyze the direct and indirect $CO_2$ emission structure according to industries in Korea, a hybrid IO table quantifying the section of energy in the IO table is needed. However, the results of the recent researches revealed differences in the total amount of $CO_2$ emission by researchers in addition to significant standard deviation in industrial distribution. This study intends to make comparative analysis of the existing method of making an IO table for energy and environment and presents an improvement scheme to contribute to an improvement in calculation of the total amount of $CO_2$ emission and estimation of the emission by industries in Korea. For this purpose, division was made into use as raw materials of energy and that as fuel and a new hybrid IO table was made by removing confounding factors caused by the product tax and subsidies. As a result, the oil and coal industry emitted 5.2 times less $CO_2$ after removing energy inputted as raw materials from the transaction table than before. The amount of $CO_2$ emission estimated by using the IO table based on basic price was found to be 2.7% less than by using the IO table based on the producer price.