• Title/Summary/Keyword: Labour cost

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Influencing Factors to Increase the Wage Differentials between Large and Subcontracted Small-Medium Enterprises in Korea (위탁대기업과 협력중소기업 간 임금격차 확대 영향요인)

  • Kim, Hye Jeong;Bai, Jin Han;Park, Chang Gui
    • Journal of Labour Economics
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    • v.40 no.1
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    • pp.1-36
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    • 2017
  • This study aimed to analyze influencing factors to increase the wage differential between large enterprise and subcontracted small-medium enterprises by using panel data composed of 19 manufacturing industries for 16 years from 1999 to 2014. According to the results of analysis, in large enterprises the elasticity of substitution between the labor inputs and the subcontracted product supplies from small-medium enterprises was significantly less than 1. So, the increase in wages of workers of large enterprises, whose degree of employment protection was relatively high, seemed to increase the share of wage cost in total cost and was resulted to decrease the cost share of subcontracted product supplies significantly. This was interpreted to be able to exert a negative influence upon the price of subcontracted product supplies and the wages of workers in subcontracted small-medium enterprises, and, therefore, to increase the wage differentials between large enterprises and subcontracted small-medium enterprises. Furthermore, it was also found that the increases in the labor union participation rate at large enterprises and the openness rate of the industry concerned were contributing to make such effects much stronger significantly. In order to mitigate the wage differentials and the polarizing trend in labor market, we can suggest to establish a certain kind of flexible wage system and to introduce co-bargaining practices with the workers of subcontracted small-medium enterprises within large enterprises, and also for the workers of small-medium enterprises, to prepare new social systems to upgrade their human resources and job skills drastically.

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Labor Union and Labor Demand Elasticity: An Empirical Study on Unionized and Nonunionized Firms (노동조합과 노동수요탄력성: 노조기업과 비노조기업에 대한 실증분석)

  • Nam, Sung Il
    • Journal of Labour Economics
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    • v.34 no.3
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    • pp.1-28
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    • 2011
  • This paper empirically tests the theory that labor demand elasticity of unionized firms would be smaller than that of nonunionized firms, using the Korean firms' panel data for 1990-2009. The major findings are the following: First, the estimates of labor demand elasticity of unionized firms are in the range of 0.34-0.49, less than a half of those of nonunionized firms, hence supporting the theory. Second, the unionized firms are more rigid in dynamic adjustment of employment than nonunionized firms. Finally, there are no significant differences between unionized and nonunionized firms in the elasticity of substitution.

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Effects of Youth Unemployment Bonus (청년고용촉진장려금 효과 분석)

  • Lee, Chul-In
    • Journal of Labour Economics
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    • v.39 no.4
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    • pp.1-29
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    • 2016
  • This study examines the effects of the "youth unemployment bonus" program implemented in 2004. We view this program through the lenz of search-matching models and apply a quasi-experimental approach to an administrative unemployment insurance database of Korea. This episode is particularly useful because the program aims at long-term unemployed youths and the size of public assistance is large enough to subsidize employers for a year with a monthly subsidy of about $600. The main effects are found to be as follows: (i) the search period gets shortened by 18 days, (ii) the subsequent wage has increased by about three percents, and (iii) a conservative benefit-cost analysis reveals the validity of this program. We interpret these results in the context of general equilibrium models.

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Dynamic Modeling of Building Services Projects: A Simulation Model for Real-Life Hospital Project

  • Abhishek, V.;Jagadeesh, P.
    • Journal of Construction Engineering and Project Management
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    • v.3 no.3
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    • pp.35-41
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    • 2013
  • All infrastructure projects are said to be inter-dependent, uncertain and labour-intensive in nature. There is no exception for building services sub sector. For a real time project such as 'The construction, extension and refurbishment of Employees' State Insurance Corporation (ESIC) Hospital at Tirupathy, India with total area of 45,000 square feet at an estimated cost of 1100 million rupees, a generic process model is developed to simulate the effect of set of identified variables on construction project. The 'Stocks and Flows' of dynamic model affords relevant insights to project managers, who apply this knowledge when designing better performance through more appropriate project planning. It is concluded from the model-based approach that building services works can be improved through specific better focussed managerial efforts, such as an increasing coordination effectiveness at the planning stage, clarifying prerequisite conditions prior to installations. Otherwise, pending works arising from work clashes can lead to knock-on effects resulting in productivity constraints and pressures, as well as more rework and demolition. Current study reveals that the model enables deep insight into various interdependent processes, their by improving construction performance levels, by addressing the dynamics of design errors and defective works, and recovering delayed schedule.

Study of International trend for AUGT(Automated Urban Guided Transport) safe requirements (AUGT 안전요구사항의 국제적 동향 연구)

  • Lee, Hoon-Goo;Choi, Kwon-Hee;Jo, Yong-Gyun;Lee, Young-Ho;Hwang, Hyeon-Chyeol
    • Proceedings of the KIEE Conference
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    • 2009.04a
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    • pp.195-197
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    • 2009
  • It is a proven fact with the opening of the Seoul metro line number 1 in 1974 traffic congestion on the roads has decreased and the efficiency of people transportation in general has greatly been enhanced in the downtown and surrounding areas of Seoul. Even today construction of new subway lines are under way and many more are being planned due to the easy access to stations, short waiting and average travel times, compared with personal vehicles, contributing to the efficiency of the public transportation systems that are linking the downtown areas and also the intercity systems in moving passengers during rush hour and times of special event. Since the labour costs of the train operator in any large city based subway system accounts for a major part of the operating costs per kilometer and to ensure cost efficient operations, especially during non-peak hours, it is necessary to implement an unmanned(auto-driven) subway system. In order to implement such a system it is imperative that the on-board and wayside signalling control systems be fully automated as well. Only through proper examination of safety procedures not only by the AUGT(Automated Urban Guided Transport)system but also by ail the international standards organizations involved can safely and stability be ensured.

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Labor Demand in Korea: A Survey (한국의 노동수요 : 문헌 연구)

  • NAM, SUNG IL
    • Journal of Labour Economics
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    • v.36 no.1
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    • pp.1-44
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    • 2013
  • This paper surveys the existing literatures on labor demand of Korea. It has been found that labor and capital are substitutes in Korea and the result holds even if labor is decomposed into white collar and blue collar workers. The elasticity of substitution lies between 0 and 1. It is yet unclear if employment and work hours are substitutes. The reduction of legal work week did not increase employment although decreased work hours. The labor demand elasticity is below 0.5 in the short run. Since mid 1990s, the technological change has shown skill bias and therefore increased demand for skilled labor.

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RFID Technology Applications with PMIS for Managing RMC Truck Operations

  • Kim, Seung-Ho;Kim, Sang-Yong
    • Journal of the Korea Institute of Building Construction
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    • v.11 no.5
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    • pp.468-481
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    • 2011
  • This research presents a strategy and information system to manage the logistics of delivery ready mixed concrete (RMC) under the integrated environment of PMIS+RFID. PMIS is system tool and technique used in construction sectors to delivery information. Information that can be extracted electronically in real time is more valuable than data gathered and maintained manually. RFID technology can help to improve data accuracy through supply chains and by identifying products and objects at specific points through automatic identification. The objectives of these two implementations can be able to improve the efficiency of logistics management for RMC truck process, and to verify the technical and practical feasibility of PMIS+RFID application in construction industry. This may be realistic given the dynamics of daily activities on construction sites. This research is focused on examples on real world case study, applications and research theme related and connected to PMIS+RFID technology. It demonstrated that PMIS+RFID technology has been automatically implemented and has shown process information about the RMC truck and the overall status information about it, both quickly and accurately. As a result, the construction site where needs 300 $m^3$ pouring (50 RMC trucks) per day can be reduced total 250 minutes. Moreover, this time saving is related to the labour cost saving. From the case studies, RFID+PMIS system was proven in terms of effectiveness rather than current method.

The Stable Production of Organic Seed to Distribute Certified Seed of Waxy Corn Hybrid

  • Goh, Byeong-Dae;Park, Jong-Yeol;Jang, Eun-Ha;Park, Ki-Jin;Yoon, Byeong-Sung;Jang, Jin-Sun
    • Korean Journal of Organic Agriculture
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    • v.19 no.spc
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    • pp.6-8
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    • 2011
  • In order to produce the organic foods in accord with international standard, organic seeds should be used in organic farming. This study was conducted to establish the stable production of organic seed of waxy com by examining the growing characteristics, seed yield, and the economy for seed production by organic farming. The optimal sowing timing for organic seed production of waxy com hybrid was within 10 days of the $1^{st}$ of May with yield of 88~90% of conventional seed production. The optimal planting density was 41,600 plants/ha ($80{\times}30$ cm) for organic seed production of waxy com. The weight of 100 seeds and seed productivity increased at the planting ratio of 2:1 mother plant:male plant. Growth and seed production were improved by removing male plant at 7~10 days after silking. Organic fertilizer (mixed oil cake) was applied at a rate of 4~6 Mg/ha before sowing. Black plastic mulching was used for weed control. In addition, sex pheromone trap and bio-control agents were used for safe pest control and low labour cost.

An Analysis between College Entrance Exam Types and Educational Investment (대학입학전형별 교육투자 비교 분석)

  • Jo, Hayoung;Kim, Jinyoung;Song, Heonjae
    • Journal of Labour Economics
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    • v.44 no.1
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    • pp.169-204
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    • 2021
  • We empirically verified whether there are different educational investment behaviors according to university admissions, using the Korean Education and Employment Panel data. The results are as follows; the average annual private education cost and the average amount of time spent studying alone per week of rolling admission type were lower than those of regular admission type. Also, rolling admission applicants had longer leisure and sleeping hours, such as watching TV and using computers. These results show the possibility that the university admission system will change the educational investment behavior. Furthermore, there is a possibility to induce the human capital investment to be made efficiently.

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Boundary Elements Heat Transfer Model of Temperature Distribution in Grain Storage Bins

  • T.Abe;C.E.Ofoche;Y.Hikida;Han, D.H.
    • Proceedings of the Korean Society for Agricultural Machinery Conference
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    • 1993.10a
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    • pp.922-931
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    • 1993
  • Boundary element method was used to solve heat conduction problem for predicting temperature distribution in grain storage bin. Temperature of grain in storage is one of the three main abiotic factors, besides the intergranular gas composition and the grain moisture content, that determine the keeping quality and control measures used to protect grain from insects and damaging microflora. Collecting the temperature data at various points in the storage bins at different time of the day over a period of time is one way of finding the temperature distribution, this method requires a lot of time, cost and labour and less efficient. However data so collected serve useful purpose of being used to validate predicted temperature distribution using mathematical models. Mathematical models based on physical principles can potentially predict with accuracy the temperature distribution in a grain storage bin. Using the boundary element model the effect of bin wall material, ambient emperature, bin size etc. on temperature distribution can be studied. A knowledge of temperature distribution in stored grain not only helps in identifying active deterioration , but also gives an indication of potential for detection.

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