• Title/Summary/Keyword: Labor Productivity

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An Analysis of the Determinants of Employment Productivity in Korean Transportation Industry Using Korea Labor and Income Panel Study (한국노동패널자료를 활용한 국내 운송업 고용생산성 결정요인 분석)

  • So, Ae-rim;Shin, Seung-sik
    • Journal of Korea Port Economic Association
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    • v.35 no.1
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    • pp.57-76
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    • 2019
  • This study deals with the determinants of employment productivity of transportation labor, who are the main agents of the transportation industry that has made significant contributions to our country's industrial development. The study selected the determinants of employment productivity using the Korea Labor and Income Panel Study data, and analyzed the effects of various factors using panel logistic regression, panel OLS model, and panel robust regression. The results were as follows. First, a more positive effect was shown when employees held a regular job, had a "high level of education", "joining the labor union" and "experiencing vocational training". Second, in the case of job security, having a "high level of education" and "joining the labor union" showed a more positive effect; further, job security was higher for employees who worked in a "big company" or were "married". Third, in the case of higher income productivity, higher values of "age", "academic ability" and "company size" had a more positive effect, whereas larger values of "education" and "health condition except job training" had a negative one. Fourth, in the case of job satisfaction, "female", "joining the labor union" and having a higher "income" or "job security" led to higher satisfaction and a better "health condition compared to an average person". Further, a higher "overall life satisfaction" and "economic level" led to lower job satisfaction. The analysis of the determinants of employment productivity of transportation business and seeking for improvement plan is expected to improve the employment productivity in the transportation business.

Research of Knowledge Worker Productivity Elevation in Knowledge Management Environment : Based on Thought of Peter F. Drucker (지식경영환경에서의 지식근로자 생산성 향상에 관한 연구 : Peter F. Drucker의 사상을 기반으로)

  • Jang, Ki-Jin;Seo, Sang-Cheol
    • The Journal of Society for e-Business Studies
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    • v.13 no.3
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    • pp.153-171
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    • 2008
  • Center of labor power was moved from physical labor to knowledge labor on modern knowledge society comparing with past industrial age, but dramatic result is not appearing in knowledge worker's productivity. "Peter F. Drucker" called "father of modern business management" is essential factor of knowledge labor based on expert, performance, concentration, own administration official, second half of life. And studied about task, reform, autonomy, education, quality, relation of information communication that is knowledge worker's productivity determinant factor. As research result, was expose that relativity is high by performance>concentration>own administration official>expert, second half of life in essential factor of knowledge labor. Specially, all productivity determinants and effect factor were performance by result to knowledge worker. Therefore, knowledge worker can expect formation's target and performance though search and practical use of continuous information are achieved in own field.

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A Study on the Cost-Volume-Profit Analysis Adjusted for Learning Curve (C.V.P. 분석에 있어서 학습곡선의 적용에 관한 연구)

  • 연경화
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.5 no.6
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    • pp.69-78
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    • 1982
  • Traditional CVP (Cost-Volume-Profit) analysis employs linear cost and revenue functions within some specified time period and range of operations. Therefore CVP analysis is assumption of constant labor productivity. The use of linear cost functions implicity assumes, among other things, that firm's labor force is either a homogenous group or a collection homogenous subgroups in a constant mix, and that total production changes in a linear fashion through appropriate increase or decrease of seemingly interchangeable labor unit. But productivity rates in many firms are known to change with additional manufacturing experience in employee skill. Learning curve is intended to subsume the effects of all these resources of productivity. This learning phenomenon is quantifiable in the form of a learning curve, or manufacturing progress function. The purpose d this study is to show how alternative assumptions regarding a firm's labor force may be utilize by integrating conventional CVP analysis with learning curve theory, Explicit consideration of the effect of learning should substantially enrich CVP analysis and improve its use as a tool for planning and control of industry.

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The Effects of R&D Investments on Exports in the Korean Manufacturing Industry: Focusing on Mediating Effects of Product and Cost Competitiveness (국내 제조 산업의 R&D 투자가 수출에 미치는 영향: 제품경쟁력과 원가경쟁력의 매개효과를 중심으로)

  • Han, Hyun-Sun;Ahn, He-Soung;Lee, Choi
    • Korea Trade Review
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    • v.42 no.2
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    • pp.1-27
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    • 2017
  • The purpose of this paper is to examine how industry-level R&D investments increase exports in Korean manufacturing industries through the strengthening of product competitiveness and cost competitiveness. We developed a research model indicating that R&D investments positively affect product competitiveness and cost competitiveness, in which investments in R&D will finally lead to increases in exports in manufacturing industries. Product competitiveness is divided into new product innovation capability and product quality competitiveness, while cost competitive advantage is divided into labor productivity and capital productivity. We have collected data from 20 manufacturing industries between 2004 and 2014, and analyzed them through path analysis. Empirical results of this study are as follows. First, R&D investment in the manufacturing industry positively affects new product innovation capability, product quality competitiveness, labor productivity and capital productivity of the industries. Second, increased product quality competitiveness, labor productivity and capital productivity positively affects exports of Korean manufacturing industries. Thus, we can conclude that R&D investments in Korean manufacturing industries positively influence exports through increases in product quality competitiveness, labor productivity and capital productivity.

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A Case Study on Assessing the Productivity of a BIM team in a Construction Company

  • Huang, Chien-Hsun;Hsieh, Shang-Hsien
    • International conference on construction engineering and project management
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    • 2015.10a
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    • pp.259-262
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    • 2015
  • Due to the labor-intensiveness, high investment cost, long execution time, frequent change orders, and many stakeholders in a BIM project, a BIM manager is bound to face a lot of risks to make decisions in cost managing process. Since the productivity of a BIM team will affect the execution cost, this study investigates a simple method of assessing the productivity of a BIM team using the working timesheet records of the team. In this research, the productivity of a BIM team is defined as the effective working floor area (in square meters) of BIM uses per labor-time (in man-months) spent by the team. After the applicability of this method is tested by regression analysis using data from 5 real BIM projects in the construction phase, it is found that the simple productivity definition adopted in the method, although easy-to-implement, does not produce a statistically constant productivity value. More research is therefore needed in the future to devise better indicator(s) for assessing the productivity of a BIM team.

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IMPROVEMENT OF LABOR PRODUCTIVITY BY VISUALIZING EXISTING INFORMATION

  • Kakiuchi Yukio
    • Proceedings of the Korean Society for Quality Management Conference
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    • 1998.11a
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    • pp.413-418
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    • 1998
  • In order to improve labor productivity in plants, it is important to grasp the existing problems there. But it is not easy for all the people in charge to have the same level understanding to those. This article suggests an approach to tackle with this situation by using various visualization techniques.

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International Trade and Labor Demand of Korean Firms: Focusing on Heterogeneous Firm Productivity (수출입과 기업의 노동수요)

  • Eum, Jihyun;Park, Jinho;Choi, Moon Jung
    • Economic Analysis
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    • v.25 no.3
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    • pp.30-69
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    • 2019
  • This paper analyzes the effects of trade on demand for labor of trading firms in Korea. We apply system GMM methodology to estimate the effects of imports and exports on employment of Korean manufacturing firms using firm-level data from the Survey of Business Activities of Statistics Korea between 2006 and 2014. According to our estimated results, for firms with high-productivity, exports have a positive and significant effect on the labor demand, while other firms do not show any such significant effects. Furthermore, our results show that offshoring mitigates the positive effects of exports on employment, since tasks within the firms can be relocated abroad. On the other hand, an increase in imports reduces demand for labor because labor is replaced with low-priced imported inputs. Also, when firms partake in global outsourcing, the negative effects of imports are mitigated as those firms expand their production by enhancing their efficiency in the process of offshoring. Therefore, our results suggest that it is important to consider heterogeneous firm productivity as well as offshoring in analyzing the effect of trade on labor demand of firms.

A calculation method on the loss of labor productivity due to change orders (설계변경으로 인한 작업 생산성 손실 산정방법)

  • Jeon Yong-Deok;Lee Jae-Seob
    • Proceedings of the Korean Institute Of Construction Engineering and Management
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    • autumn
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    • pp.295-300
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    • 2001
  • Additional costs as well as schedule delay are occurred due to change orders in today's construction projects. Additional costs, overhead calculation methods are of various types. In a foreign country cases, many claims related to the loss of labor productivity quote research statistics data. In domestic cases, the study of the reason why the loss of labor productivity occurs and its effect have not been performed. Therefore, this paper analyzes factors affecting lost productivity and a methodology is presented to estimate the lost productivity.

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The Analysis of the Psychological Productivity Factors of Construction Foreign Laborers (외국인 근로자의 심리적 생산성 요인 분석)

  • Yang, Gi Nam;Shin, Dae-Woong;Kim, Gwang-Hee
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2015.05a
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    • pp.200-201
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    • 2015
  • As manpower shortage of national construction site is continuing, a manpower of foreign laborers are steadily increasing. The construction industry impacts the purpose for productivity of laborers as labor-intensive industry against different industry. Therefore, there is a need of analysis of foreign laborer's productivity. This study analyzes to use foreign labor's psychological productivity factors as a basic standard by comparing to Korean's. Construction foreign laborers seem to put bigger priority on "accomplishment of task," and "job satisfaction," than Korean workers, according to the response results in Likert 5-point Scale Measurement with 11 kinds of psychological causes in theories regarding productivity factors. Thus, this study expects to use as baseline data for productivity management of construction foreign laborers.

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Observability, Job-Match, and Segmentation of Labor Markets

  • Kim, Young-Chul
    • Journal of Labour Economics
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    • v.19 no.2
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    • pp.161-174
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    • 1996
  • Much of the dual labor markets literature is devoted to exploring the reasons as th why the markets are segmented along the lines where the observed wage differentials are not a result of underlying skill differentials . ; and why otherwise comparable workers different the duration of their job tenure and incidence of unemployment. the logic of competitive economics denies the possibility of equally skilled workers being treated differently in labor markets. The model presented in this paper shows that workers could be segregated quite simply due to the structure of information and job-match quality, even though they are the same in terms of productivity. In general, the model predicts that observability of a worker's productivity and the extent of match specificity are key features of labor market segmentation. An important implication is that the negative from the past labor market experienes, sometimes called as hysteresis effect, helps to restrict mobility of workers among different sectors and results in perpetuation of unemployment in the secondary sector. The model also provides an explanation of the efficient wage scheme in the primary sector.

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