• 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.

• Journal of The Korean Society of Agricultural Engineers
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• v.49 no.1
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• pp.35-42
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• 2007

This paper develops a Sustainable Regional Economic Growth Model (SREG) which estimates the relation of labor population change and employment increase in each occupation and maximum limits and minimum requirements of employment increase by labor population change in a specified region using multiplier theory. To develop the proposed model, sustainable regional economic growth is defined as a steady increase of labor population over a long term period and the limit of employment increase is defined as the estimated labor population change in the region with no need for commutation from the surrounded areas. Developed model was applied to 67 county in Pennsylvania State and the results revealed that the investment in infrastructure occupations, such as transportation, warehousing, utilities, information, communication, and other public utilities, maximizes the effects for increasing employment, whereas finance, insurance, and real estate occupations have minimum effects for increasing employment. Calculated minimum requirements of occupations show that infra-structure occupations is a critical factor for labor population change and maximum limits of occupations show that agriculture and finance occupations are difficult to increase independently.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.42 no.2
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• pp.62-68
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• 2019

The growth and employment effects of R&D investment were analyzed according to business size, export value and manufacturing sectors so as to suggest improvement directions for effective industry policies. The effect of R&D investment was considered simultaneously from the two perspectives of growth and employment effect, and the causality analysis was carried out by using a path analysis. The result of the path analysis confirmed significant differences in the growth effect of R&D investment depending on business size. However, the effect of increasing employment was difficult to obtain statistically significant results for any various combinations of business size and export value. This is a mixture of directions for the effects of R&D investment on employment, which could be due to the failure to consider appropriate time lags between investment and effect. Efficiency analysis by industry sectors confirmed significant differences in efficiency depending on business size, but differences depending on export value were difficult to identify. In order to derive improvement policy by industry sector according to business size and export value, the direction of selective support policy and universal support policy was derived for six industry groups by combining the return to scale in the efficiency analysis and R&D concentration. Hirschman-Herfindahl index is used for calculating R&D concentration.

• Journal of the Economic Geographical Society of Korea
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• v.22 no.3
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• pp.274-290
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• 2019

This article links the change in regional manufacturing employment in Korea after the financial crisis to the geography of technological and trade shocks. We conceptualize the trade shock as the rapid growth in Korean imports from and exports to China and ASEAN countries. We then measure the exposure to technological shocks as the degree to which regions are specialized in routine tasks, which are susceptible to automation technologies. Results show that local labor markets specialized in routine tasks experience significant falls in manufacturing employment. Regions whose industrial structure exposes them to rising import competition experience sharp drop in manufacturing employment. We also found that export plays a major role in explaining the growth of regional manufacturing employment.

• Journal of Digital Convergence
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• v.16 no.3
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• pp.181-187
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• 2018

With a view to deepening the research stream on the factors positively influencing the export growth and the employment increase of South Korean small and medium companies, this research has developed the research model about the impact of small and medium companies' external technology R&D collaboration network heterogeneity on their export growth and employment increase, and has empirically tested the research model with the 2,200 data collected from the small and medium companies in the South Korea. This study illuminates the two points from the empirical testing results. One point is that small and medium companies' external technology R&D collaboration network heterogeneity significantly and positively influences their employment increase from technology development. The other point is that small and medium companies' export growth from technology R&D partially mediates the impact of the external technology R&D collaboration network heterogeneity on their employment increase from technology R&D.

• Korean Journal of Labor Studies
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• v.23 no.2
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• pp.169-193
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• 2017

This study analyzed the determinants that affect employment retention rate in order to diagnose dynamic employment stability in Korea. For this analysis, we constructed multi-level hierarchical data linking Workplace panel survey data and employment insurance job history data. And the determinants were analyzed using a multi-level analysis model suitable for these data. As result of the analysis, it is estimated that the employment stability is very low in Korea due to the widespread existence of the marginal sectors with low wage level and high level of nonstandard employment. In addition, the results of this analysis show that employment structure of Korea occupies considerable area of short-term employment where employment and unemployment are repeated, and overall employment stability is weak. This fact is likely to be a limiting factor for continued growth, as there is limited opportunity for skill development and skills formation at the corporate and individual levels. According to the results of this analysis, it is required to improve the quality of the employment structure for continuous growth and skill formation.

• Journal of Urban Science
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• v.9 no.1
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• pp.41-49
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• 2020

This study analyzed the factors affecting economic growth using multiple regression model and Geographically Weighted Regression in consideration of population, industry and employment, housing and political characteristics on economic growth by region. The analysis results are summarized as follows. First, the total employment growth rate, manufacturing employment growth rate, local election turnout and the level of party consensus between the central and local governments are having a positive impact on regional economic growth. Second, according to the GWR analysis, the population has a positive impact on economic growth in the southern region of Korea, and the increase in the total number of employees has a positive impact on the southern region of Gyeonggi Province, Gangwon Province, North Chungcheong Province and North Gyeongsang Province. Finally, the voter turnout of urbanites is positively affecting economic growth in South Chungcheong Province, Gangwon Province and the southern coast, while North Jeolla and South Jeolla provinces have a positive impact on economic growth as the parties of the central and local governments are equal. The results of this study may suggest the role of local government for regional economic development.

• Journal of Urban Science
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• v.9 no.2
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• pp.21-30
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• 2020

The purpose of this study is to present a plan to distinguish 229 local governments nationwide by taking into account various characteristics such as population, employment, housing, and industry of the region for customized urban policies in the era of metropolitan areas. The National Statistical Portal (KOSIS) collected and standardized data related to population, housing, industry, and finance by region from 2000 to 2015 for the classification of regional types necessary for customized urban policies, and this was used to classify them into regional types that considered population, employment, housing and industry. The summary of the analysis results is as follows. First, as a result of the regional type classification, 10 key employment sites (4.4%), 5 employment centers (2.2%), 38 residential centers (16.6%), 20 growth areas (8.7%), 26 industrial cities (11.4%), 35 low-fertile farming and fishing villages (15.3%) and 95 stagnant areas (41.5%). Second, the Seoul metropolitan area is the most diverse type of metropolitan area in the country, with most of its core employment sites inside Seoul, residential centers inside and outside Seoul, and growth areas in the southeastern part of the country (Busan, Ulsan, and Gyeongsangnam-do) are mixed with industrial and growth areas centered around Busan, Ulsan and surrounding areas, while the rest of the local governments are found to be low-fertile farming villages or stagnant areas. Daegu (Daegu, Gyeongbuk) is an industrial city in Daegu, and the rest of the local governments are either low-density farming and fishing villages or stagnant areas. The Honam region (Gwangju and Jeolla) was found to be a low-mill farming and fishing village or stagnant area except for Gwangju, while the Chungcheong region (Daejeon, Sejong, and Chungcheong) was seen as a growth area with areas adjacent to Daejeon, Sejong, and the Seoul metropolitan area, and some industrial cities were included. Finally, the Gangwon area was mostly classified as low-density farming and fishing villages and stagnant areas.

• Journal of the Korea Academia-Industrial cooperation Society
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• v.16 no.11
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• pp.7971-7977
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• 2015

This paper attempts to select the attributes of job creation and to rank them for evaluation of companies' job creation. And the results of this paper are expected to provide the information for the polices of job creation. In doing so, this paper applies fuzzy decision making analysis that reflects ambiguity and uncertainty in decision-making process. According to the results, the weight of quality of employment is similar with that of quantity of employment. In addition, annual employment growth rate, annual net employment are ranked as first and the percentage of irregular employment, the average length of employment of all workers, average monthly wages of all workers, and employment growth over sales growth rate are next ranked.

• Information Systems Review
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• v.16 no.2
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• pp.77-95
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• 2014

From the success of TDX and CDMA to today's social media boom, Korea's ICT has achieved an amazing growth for the last couple of decades. However, in spite of ICT's role as an engine of growth in Korea, there have been concerns that ICT growth would negatively affect national employment due to the labor substitution effect. While some scholars insist that ICT would positively affect employment because it will enlarge the size of industry itself, many people blame ICT as a main culprit of rising unemployment rates. In this study, we try to empirically find the true effect of ICT growth on employment in Korea. We use the data of ICT productions, ICT investments, and various industries employments from 1995 to 2011. The methodologies we adopted for this study is Granger causality tests and impulse response functions based on vector autoregression (VAR) model. We find that ICT has negative impact on service industries, while it has positive impact on manufacturing industries. Meanwhile, ICT has no statistically significant impact on ICT industry itself. Since the impacts of ICT on employment are mixed, we can argue that ICT should not be blamed for the main cause of low employment. We suggest a direction of future policies to utilize ICT for vitalizing employments in Korea.