• The Journal of Asian Finance, Economics and Business
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• v.6 no.3
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• pp.131-140
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• 2019

The study aims to examine the impact of productivity in addition to the policy of increasing the foreign investors' ownership rate on the performance of businesses which were listed on Vietnam's stock exchange market from 2010 to 2017. With the database of 3.961 observations, the study employs a statistical method - multiple regression to estimate the relationship between labor productivity, foreign ownership as well as other firm-level characteristics and firm performance. Research findings show that increasing labor productivity and increasing foreign ownership rates help increase firm performance. In addition, except for financial leverage, variables such as liquidity and firm size have positive effects on firm performance measured by Tobin's Q. These findings have theoretical contributions and practical implications for managers, investors and government in Vietnam. Managers should pay attention to improving labor productivity through employing incentive mechanisms, building a good working environment, investing in technology, etc. in order to enhance the firm performance. Investors could utilize the labor productivity and foreign ownership indicators to select stocks of good companies for investment. For Vietnamese government, relaxing the limit of foreign ownership and accelerating the divesting of State capital in State-owned enterprises could help increase the investment scale of foreign investors and resulting in positive effects on the firm performance.

• Journal of Labour Economics
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• v.23 no.1
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• pp.65-80
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• 2000

In this paper We measured average earnings differentials between the government and the private sector, the degree of earnings inequality within each sector, and estimated net earnings differentials between the public and private sector in 1982, 1985, 1990, 1995 and 1998, respectively. According to our estimation results, the public servants in Korea are being more paid than the private sector on the average, and have been enjoying higher net wage premium after controlling variables such as education level, job experience and occupation, etc. In terms of earning inequality within each sector, the public sector was proven to have very narrow earnings differentials between the top and the bottom, compared to quite large differentials in the private sector. Wide recognition that the public servants' compensation is lower in Korea seems quite wrong. The problem to be resolved is the earnings standardization in the public sector and the strong trend toward more equality in recent years. We recommend that the wage gap between the higher rank and the lower rank should be extended, and employment flexibility within the lower positions or ranks of the bureaucracy should be enhanced.

• Journal of Labour Economics
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• v.26 no.3
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• pp.29-47
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• 2003

The study analyzes how effective the Government Internship Program has been on accumulation of the human capital. The Program was designed under the foreign exchange crisis to support the new, but unemployed graduates with MA or Ph.D degree in the science and the engineering fields. The survey data is collected from the participants in the Program. The Tobit model is estimated to find the economic effects of the Program in terms of the rate of return of investment in the human capitals of the intern researchers. Considering that the Program is tentative and that the human capitals of the participants are easily obsolescent, the rate of return is observed to be substantially large. These results imply that the Internship Program has been successful in terms of providing not only the researchers with the opportunity to accumulate the human capital by means of the on-the-job-training, but also the institutes or the firms with the opportunity to utilize the high-quality researchers at the low cost.

• Journal of Labour Economics
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• v.43 no.3
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• pp.101-121
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• 2020

The purpose of this study, reflecting the characteristics of recent R&D activities, where knowledge convergence and exchange and the growth of researchers are becoming more important, is to promote the growth of outstanding researchers by establishing a support system for researcher career development (intensifying expertise) and career fluidity (change in core research topics). Using the results of a survey of 548 researchers from government-funded research institutes, this study analyze environmental factors of research that promotes career development suitable for the growth of researchers after quantitatively verifying the effects of career development and career mobility on research outcomes. As a result of the analysis, it is more desirable to strengthen career liquidity after stable career development, but the human resources and career development support systems of research institutes are insufficient. Therefore, in this study, policy measures to support researcher career development and liquidity were proposed in four stages.

• Journal of the Economic Geographical Society of Korea
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• v.17 no.4
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• pp.688-701
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• 2014

This article is focused on the agglomeration and decline factors of the footwear industries in Busan metropolitan area from the industrial cluster point of perspective. For the research, 'the components and network of industrial cluster model' are presented which is restructured of M. Porter's cluster model. Moreover, this research have examined the agglomeration and decline process of the footwear industries in Busan area and conducted a survey targeting footwear enterprises in Busan area. In the late 1980's, the footwear industries in Busan area formed the largest footwear industrial cluster in the world. However, the industrial cluster started to decline from early 1990's and now it is reduced in to 1/10 size of the past. The growth factors of Busan footwear industrial cluster include cheap and plentiful labours, penetration of OEM production, entrepreneur spirit, human resources network, government's support and so on. Moreover, the agglomeration of relative companies also created high competitiveness in this cluster. The decay factors are pointed out sudden rise of labour cost, shortage of factory site, rise of land price, alteration of government policy, international relocation of footwear production and growth of overseas industrial cluster. Busan footwear industrial cluster nowadays has declined in its size, but it is the only footwear industrial cluster in Korea.

• Journal of the Korean association of regional geographers
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• v.8 no.1
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• pp.40-64
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• 2002

The locational characteristics of ceramic industry in Miryang city, Kyongnam province, were clarified by means of examining the process of its formation, spatial variation, locations and their changes. The government policy on industry and the business fluctuation are important in the quantitative changes of the industry. The spatial variation of industry toward the outer part of area are the results of equilibrium between the decrease of firms in inner city and the increase of firms in outer part. The births and deaths of firms played important role in the processes of spatial variations. The industry location has lasted by the accumulation of location decision of 'potential entrepreneurs' who learned knowledges on the industry and had personal contacts with the business-related persons for long time. The main factors on the locational decision of firms are personal factor, raw materials, land, water and market. The locational problems have mainly related with plant expansion, land, marketing, labour and capital. They caused investment changes and caused relocations of firms. Such disadvantages as raw material exhaustion, shortage of land and congestion within the agglomeration area, development of road transportation and local government policy on industry location, induced recent decentralization of industry to outer part.

• Journal of Labour Economics
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• v.41 no.4
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• pp.107-131
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• 2018

This paper presents a model for the Minimum Wage Commission's decision process and analyzes the strategic actions of the participants in the process. The Minimum Wage Commission has used two ways of setting the minimum wage. The commission has voted either on the labor's against the management' final proposals or has voted on the public interest commissioners' proposal. According to the model, the minimum wage is determined at a level that is very close to or at a level preferred by the median voter among the public interest commissioners. But the probability of adopting labor or management proposal is ex-ante the same. Empirical evidence from the minimum wage decision process is consistent with the predictions of the model. The probability of adopting the labor's proposal in the minimum wage commission voting is not statistically significantly different from 50%. The model also suggests that the preference of the median voter among public interest commissioners determines the minimum wage level. Since the government appoints public interest commissioners and thus, in fact, the median voters, the government can decide the minimum wage level. This proposition is also consistent with data. The annual growth rate of the minimum wage under the progressive governments is higher than under conservative governments.

• Journal of the Korean Institute of Landscape Architecture
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• v.47 no.4
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• pp.50-60
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• 2019

In the late 1980s, a financial crisis and Compulsory Competitive Tendering (CCT) in green space services brought with it a profound impact on the quality of parks in the UK. Such government projects, e.g. Urban Task Force (1999) and Public Parks Assessment (2001), aimed to raise the awareness of the severity of the declining standards of urban parks. Since the late 1990s, the UK governments (The New Labour (1997-2010) and The Conservative Government (2010-2019)), have often adopted community-led governance schemes to enhance the quality of parks and address problems derived from the financial crisis. Accordingly, community groups, notably 'Friends of', enlarged their involvement in the decision-making process of park management. However, there is little empirical evidence concerning the impact of community-led governance on park management, in particular, the effect on the users' perceptions of park use. This study explored the context of community-led park management to reclassify the level of build-up of governance underlined by 'A Ladder of Citizen Participation'. In addition, questionnaire surveys were conducted around two Sheffield district parks, which are located in deprived areas. As a result, community involvement in the status quo of UK urban park management has changed its form of governance based on the extent of involvement in the decision-making process. The forms of governance could be categorised in three levels: general, active, and predominant governance, where the extents of decision-making and sharing responsibility vary. The results obtained through the questionnaires show that one park (active governance), which has a stronger tendency of sharing responsibility to get involved in park management, had better contribution to park management and positive impacts on users' satisfaction than the other park (general governance). The findings highlight that stronger governance in partnerships with the non-public sectors can shed light on current and future park management through a shift in sharing responsibility for park management.

• Safety and Health at Work
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• v.6 no.2
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• pp.146-150
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• 2015

Occupational health and safety (OHS) is a broad field of professional practice, which involves specialists from different disciplines including but not limited to engineers, occupational health physicians, physical and biological scientists, economists, and statisticians. The preventive systems required to ensure workers are protected from injuries and illnesses dwell heavily on engineers; however, the extent to which the engineer can go regarding planning and implementing preventive measures is dependent on specific legal requirements, leadership commitment from the company, organization, and nation. The objective of this paper is to identify the areas of opportunities for improvements in OHS management in Ghana with regard to the nation's legal requirements, commitment of the Ghana government, and Ghanaian leadership as well as appropriate structuring of Ghanaian institutions responsible for monitoring and managing OHS in Ghana. This paper identified Ghana's fragmented legal requirements concerning OHS, which are under different jurisdictions with unclear responsibilities and accountabilities. The paper also highlights the training needs of Ghanaian academic institutions regarding OHS. Among other recommendations made including structuring of Ghanaian institutions to manage OHS in line with the ILO-OSH 2001, this paper aligns the recommendations with the articles and elements of International Labour Organization convention number 155 and OHSAS 18001 elements.

• Asian-Australasian Journal of Animal Sciences
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• v.7 no.1
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• pp.19-29
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• 1994

The annual income (gross margin) in 1989/90 of a sample of 274 farmers in seven milk cooperatives was analyzed in the sugar cane, cassava, and horticulture areas in East Java. On average dairying contributed 42%, crops 29% and off-farm revenue 29%. Dairy income was highest in the cassava area, where it compensated for the low crop income, and lowest in the sugar cane area. Farm area and average milk yield per day per cow correlated positively with farmer's income, whereas crop income increase significantly with farm area and with the number of cows. The level of total cost per cow had a negative impact on dairy and with the number of cows. The level of total cost per cow had a negative impact on dairy and on total income. Government officials and other professionals engaged in dairying had a significantly higher total income than those with their main occupation in dairying, cropping or working as farm labourers. Uneducated farmers obtained a significantly larger income through crops, whereas farmers with tertiary education obtained more income through off-farm work, This study suggests that more attention must be paid to the actual use of labour and the improvement of the dairy output/cost ratio.