• Title/Summary/Keyword: Labor Value

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An Analysis of the Economic Effects of R&D Investment in the IT Industry (IT산업 연구개발 투자의 경제적 효과 분석)

  • Hong, Jae-Pyo;Choi, Na-Lin;Kim, Pang-Ryong
    • The Journal of Korean Institute of Communications and Information Sciences
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    • v.37B no.9
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    • pp.837-848
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    • 2012
  • This study has conducted the economic effects of R&D investment in the IT industry using multi-regression analysis with three independent variables; capital stock, labor input and R&D stock. In this study, the IT industry has been categorized into three sub-industries; broadcasting communication appliances, information appliances and electronic components industry. Our analysis has found that auto-correlation shows considerable levels whereas figures of t-value and R-square show significant levels among all the IT sub-industries. Meanwhile, the values of R&D stock in the information appliances industry and that of labor input coefficients in the electronic components industry were minus, thus multi-collinearity was suspected. We have solved the problems regarding auto-correlation and multi-collinearity through Cochrane-Orcutt estimation and principal components analysis. This paper has derived the implications that R&D investment in the broadcasting communication industry is much more influential than any other IT sub-industry.

Trend of Reduction and Direction of Management Response in the Large Purse Seine Fishery (대형선망어업의 축소 동향과 경영대응 방향)

  • Kim, Dae-Young
    • The Journal of Fisheries Business Administration
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    • v.50 no.4
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    • pp.29-44
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    • 2019
  • This paper examines the trend of restructuring and direction of management response in the Large Purse Seine Fishery. The large-scale fishing industry is one of the most popular fishing areas in the coastal area, and it has been developed by providing exclusive supplies of many types of catchy fish, such as mackerel and horse mackerel through physical productivity in fleet operations. However, the Large Purse Seine Fishery has been declining in profitability due to the deterioration of the business environment since 2000. It is at a crossroads whether it will disappear or regenerate as it is. The Large Purse Seine Fishery's current problems are: firstly, the continued deterioration of the fishery business balance and worsening labor problems, secondly, insufficient freshness management and quality control after landing, and thirdly, import competition. The fourth is the intensification of the market competition, which is the evolution of fishing variability and the increase in the proportion of small fish. The fifth is the reduction of the operating fishing ground due to the suspension of mutual fishing in Korea and Japan. To address these problems and suggest management response directions for the survival of large-scale fishing businesses is as follows. First, a sustainable production system should be established through strengthening resource management and promoting international fisheries cooperation. Second, the profitability of fishing management should be improved by introducing a low-cost supplier system and securing a stable labor force. Third, we should improve the leading and quality control of catch, improve the high value-added value of catch through brand development, and secure competitive advantage with imported produce. Finally, the government should establish a cooperative system among private sector, government, and research institutes to push ahead with these tasks and strengthen the competitiveness of the front and rear industries.

An Analysis of Economic Effect of National Knowledge Information System Development (국가 지식정보시스템 개발의 경제적 효과 분석 - 한국과학기술정보연구원(KISTI)의 연구활동을 중심으로 -)

  • Park, Sung-Uk
    • Journal of Information Management
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    • v.39 no.3
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    • pp.73-94
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    • 2008
  • The science & technology information is core point of the knowledge based society which will accomplish the role which economic development is lead. Simultaneously, Korea will jump at powerful country of knowledge information. But, There is not analysis about affects in the economic growth and various economic structure which follows in national knowledge information system development. This research analyses the economic ripple effects, in terms of production inducement effect, added value inducement effect, import inducement effect, labor inducement effect, of national knowledge information system development in KISTI from 2001 to 2008, using an input-output analysis of the bank of Korea(2007). It also examines economic propriety using an benefit-cost analysis for national knowledge information system development.

A Study on Technology Trade of the Korea and the Target for Concluding an FTA (한국의 FTA 체결국과의 기술무역 연구)

  • Baek, Eun-Young
    • International Commerce and Information Review
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    • v.13 no.4
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    • pp.125-149
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    • 2011
  • The present study made an empirical analysis for investigating the competitiveness of technology trades in Korea. In particular, the study deduced the correlation between technology export and technology import using the variables of Gross Domestic Expenditure on R&D and Per capita industry value added Productivity and employed fixed effect model in panel linear regression model. It is found that the R&D expenditure of OECD countries made a significant effect on the technology import and the value-added labor productivity made a significant result on both technology export and import. Therefore, it showed that the technology trade in Korea made a sensitive response to labor productivity in OECD countries. By panel analysis, machine, construction, ICT, and service industry affect most on technology export in Korea for recent 5 years. For technology import, electric-electron, chemical, service, and construction industry have significant effects. This study contributed to understanding of industrial characteristics affecting technology trades in Korea and empirical analysis to show correlation between the factors affecting technology trade.

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Public hospitals and Private hospitals analysis of productivity differences (공공병원과 민간병원의 생산성에 관한 차이 분석)

  • Lee, Jin-Woo
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.16 no.11
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    • pp.7885-7892
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    • 2015
  • This study public hospital productivity and private hospitals, comparative analysis was divided into capital productivity, labor productivity, value-added productivity, based on the findings public hospitals are able to ensure the public interest to provide stable and profitable health services of good quality. It proposes measures to improve productivity. Investigation period were based on the fiscal year 2013, the target of 39 public hospitals are private hospitals surveyed were selected for a total of 147 hospitals with 108. ANOVA analysis was performed the analysis, hierarchical regression analysis. In the conclusions showed as the most important factor in the profitability of labor productivity, the productivity of public hospitals variables, because exert a significant impact on the productivity and efficiency of future public hospitals are required to establish an effective personnel management system. It should also Productivity and specific assessment of the effective management be analyzed by the association between the margins would have to be.

Investigating the Trends of Research for the Platform Work (플랫폼노동 연구 동향 분석)

  • Bang, Mi-Hyun;Lee, Young-Min
    • The Journal of the Korea Contents Association
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    • v.21 no.3
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    • pp.430-440
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    • 2021
  • We analyzed research trends of 288 Korean academic dissertations and articles regarding platform work, using topic modeling and keyword network analysis method. Research disciplines of many studies were laws, business administration, and economics fields. Thigh frequent themes were platform labor protection measures and direct or indirect effects of the sharing economy. The main keywords were digital, value, industry, and labor in terms of infrastructure and structural change. Besides, the main topics were the protection of platform workers, the values of sharing services, digital paradigm, and platform regulations. Based on the results of the analysis, we derived four implications and suggestions such as researching structural frames in macroscopic contexts, generalizing case analysis, and technology supplementation by applying average and quantitative analysis methods, researching individual competency development to realize the essential symbiotic value of sustainability, and developing customized vocational education and training programs.

Determinants of FDI in Developing Countries : comparative analysis of Asia, Africa and Latin America (개발도상국의 외국인 직접투자 결정요인 분석 : 아시아·아프리카·남미 비교)

  • Chinzorigt, Narantsetseg;Choi, Chang-Hwan
    • Korea Trade Review
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    • v.41 no.4
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    • pp.1-19
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    • 2016
  • This paper analyzed what determines affected FDI inflow of developing countries by using panel data from 65 lower-middle income and low income countries(Asia, Africa and Latin America). Empirical results showed that economic growth has a more positive impact on a middle income country than a lower one, and has a better impact on the Asian continent than others. Trade has similar effect on lower and middle income countries, respectively. ODA, however, has a negative effect on both sides, regardless of the continent. Industrial value added rate and labor force have a positive effect on FDI in low and middle income countries. Infrastructure was found to be a significant impact on FDI inflows in lower-middle income countries than in low income countries. There is no geographically significant difference except Africa.

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The political issue on women's unpaid work I : Imputing the Value of Household Work (가사노동의 정책과정 개발에 대한 연구 I :가사노동의 측정을 위한 제안)

  • 문숙재
    • Journal of the Korean Home Economics Association
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    • v.36 no.4
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    • pp.35-48
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    • 1998
  • The imputation of monetary value of women's contribution to the informal economy for inclusion in satellite accounts to the formal System of National Accounts has been attempted along many methods. This is bases on official laborforce statistics and time-use survey. In this statistical system, household work is not an economic activity(or productive labor). Also, the clssification of activities involved in household work is different from that of sampling survey relating evaluation. The measurement of women's unpaid work is one of the important tasks for the improvement of women's status and the establishment of a development policy. To measure unpaid work in the economic terms, we should take following measures; 1) develop satellite or other official accouts to measure unpaid work outside national accounts. 2) conduct a nation-wide time-use survey to measure the unpaid work. 3) develp a proper classificaition of activities for time-use statistics. 4) reexamine the minimum time criterion. 5) determine a proper method of valuing along the law system.

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Trade in Developing East Asia: How It Has Changed and Why It Matters

  • Constantinescu, Cristina;Mattoo, Aaditya;Ruta, Michele
    • East Asian Economic Review
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    • v.22 no.4
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    • pp.427-465
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    • 2018
  • East Asia, for long the epitome of successful engagement in trade, faces serious challenges: technological change that may threaten the very model of labor intensive industrialization and a backlash against globalization that may reduce access to important markets. The analysis in this article suggests that how East Asia copes with these global challenges will depend on how it addresses three more proximate national and regional challenges. The first is the emergence of China as a global trade giant, which is fundamentally altering the trading patterns and opportunities of its neighbors. The second is the asymmetric implementation of national reform - in goods trade and investment versus services - which is affecting the evolution of comparative advantage and productivity in each country. The third is the divergence between the relatively shallow and fragmented agreements that regulate the region's trade and investment and the growing importance of regional and global value chains as crucial drivers of productivity growth.

Cost Analysis of Home Care with Activity-Based Costing(ABC) (활동기준원가계산[ABC]을 적용한 가정 간호 원가 분석)

  • Lee Su-Jeong
    • Journal of Korean Academy of Nursing
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    • v.34 no.6
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    • pp.1117-1128
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    • 2004
  • Purpose: This study was carried out to substantiate the application process of activity-based costing on the current cost of hospital home care (HHC) service. The study materials were documents, 120 client charts, health insurance demand bills, salary of 215 HHC nurses, operating expense, 6 HHC agencies, and 31 HHC nurses. Method: The research was carried out by analyzing the HHC activities and then collecting labor and operating expenses. For resource drivers, HHC activity performance time and workload were studied. For activity drivers, the number of HHC activity performances and the activity number of visits were studied. Result: The HHC activities were classified into 70 activities. In resource, the labor cost was 245₩per minute, operating cost was 9,570₩ per visit and traffic expense was an average of 12,750₩. In resource drivers, education and training had the longest time of 67 minutes. Average length of performance for activities was 13.7 minutes. The workload was applied as a relative value. The average cost of HHC was 62,741₩ and the cost ranged from 55,560₩ to 74,016₩. Conclusion: The fixed base rate for a visit in the current HHC medical fee should be increased. Exclusion from the current fee structure or flexible operation of traveling expenses should be reviewed.