• Title/Summary/Keyword: Labour productivity

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Current practices and economic performances of organic kiwifruit production in comparison with conventional one in Korea

  • Cho, Y.;Cho, H.;Park, M.;Ma, K.
    • Korean Journal of Organic Agriculture
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    • v.19 no.spc
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    • pp.199-202
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    • 2011
  • Organic production practices varied among producers. Generally, organic producers were relying on imported input materials such as organic compost and liquid fertilizer even more than conventional producers. Very few organic farmers had composting facilities or sites for the own supply of compost in need. The productivity of organic kiwifruit orchard (92%) was not as low as that of conventional while the net income (243%) was more than double that of conventional. This was mainly attributed to high farm gate price of organic fruits, low paid labour use and electricity. As a consequence, organic kiwifruit production seems to become a feasible option in Korea. However, high dependence on imported farming material, fuel and labour for too frequent liquid fertilizer spray should be addressed to achieve long term sustainability of organic kiwifruit production.

The Productivity Trend and the Effect of the Corporate Education & Training after Financial Crisis - A Dynamic Panel Data Analysis using the Listed Manufacturing Companies' Data - (외환위기 이후 생산성 추이와 교육훈련효과 - 상장제조기업 자료를 이용한 동적 패널 분석 -)

  • Ban, Ga Woon
    • Journal of Labour Economics
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    • v.32 no.2
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    • pp.95-124
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    • 2009
  • In this article, I were trying to analyze the listed manufacturing companies' trend of productivity and the corporate education & training effect after the financial crisis. According to the analysis, the listed manufacturing companies have decreased their productivity since financial crisis, and from such declining trend. jobless growth and a growth without physical and human capital investment has been observed. Furthermore, there is no efficient labor force coordination within the manufacturing industry; In order to analyze the effect of education & training investment on productivity more deeply, I have practiced the dynamic panel data analysis from constructing the micro panel data which consists of company level information 1997~2008. According to the consequences, dynamic panel data analysis solved the problem of the overestimating education & training effect fairly well.

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Korean Wage Gap: Do the Marital Status of Workers and Female Dominance of an Occupation Matter? (한국 노동시장에서의 성별 임금격차 변화 - 혼인상태 및 직종특성별 비교 -)

  • Jung, Jin Hwa
    • Journal of Labour Economics
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    • v.30 no.2
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    • pp.33-60
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    • 2007
  • This study analyzes the trend of the gender wage gap and its sources in the Korean labor market for the years 1985-2004. Following Oaxaca and Ransom (1994), the gender wage gap is composed of the productivity-related gap and non-productivity-related gap (unobserved productivity gap and discrimination). Empirical findings indicate that both the productivity-related gap and non-productivity-related gap have dwindled, while the decline of the former far excelled that of the latter. The non-productivity-related gender wage gap is much larger for married women than for single women, possibly implying a lower unobserved productivity of married women because of their childcare responsibilities. The non-productivity-related gap is also very substantial in the male-dominated occupations as compared to the female=dominated occupations, supporting the existence of network externalities in employment.

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Productivity Profiles of Korean Inventors: A First Look at the Korean Inventor Panel Data (한국 개발자 패널데이터를 이용한 기술개발자의 생애주기 생산성 분석)

  • Kim, Jinyoung
    • Journal of Labour Economics
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    • v.41 no.3
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    • pp.161-186
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    • 2018
  • Albeit numerous endeavors in matching names and surveying inventors, inventor-level studies of patent data have been scarce because unique inventors can not be identified across patents. Using the Korean patent data with inventor IDs, birth year, and gender available, we construct unique inventor-level panel data. As the first undertaking with our data, we investigate the age profile of patent productivity among inventors. We find an inverted U-shaped profile with the peak at age 31. We also find an increasing productivity for younger cohorts of inventors. These findings are robust after we control for the calendar year effects and the quality of patents.

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The Design Method and Error Analysis of Machine Electronic Weighing Burden System controlled by a Computer Automatically

  • Zhang, Zhengou;Lin, Shanling
    • Proceedings of the Korean Society for Agricultural Machinery Conference
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    • 1993.10a
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    • pp.768-778
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    • 1993
  • The system is designed for the production and processing of feed, fertilizer, sugar , and grain. It can be used to weigh and transport automatically their pellet, power or nonstickness materials. In this system, we use discontinuous totalising automatic weighing instruments to weigh materials. It is a closed-cycle control system controlled by industrial controlling computer STD bus. The system used for processing grain and feed can improve the quality of products , carry out scientific management, increase productivity and decrease the intensity of labour

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The Relationship between Productivity and Firm's Performance: Evidence from Listed Firms in Vietnam Stock Exchange

  • NGUYEN, Phong Anh;NGUYEN, Anh Hoang;NGO, Thanh Phu;NGUYEN, Phuong Vu
    • 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.

The Evolution of Wage and Productivity Dispersion between Korean Manufacturing Establishments, 2000-14 (제조업 사업체 간 임금 및 생산성격차 추세와 그 관계에 대한 분석)

  • Lee, Changkeun
    • Journal of Labour Economics
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    • v.40 no.4
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    • pp.1-31
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    • 2017
  • Recent empirical studies highlight the importance of between-firm or between-establishment factors in rising wage inequality. Examining the establishment-level data from the Mining and Manufacturing Survey of 2000-14, this paper finds that overall between-establishment wage dispersion has increased in Korea. However, unlike other OECD countries, the divergence occured in the lower tail of the wage distribution. Dispersion in labor productivity exhibits a similar movement, therefore explains the widening wage dispersion. In contrast, the link between wages and total factor productivity is much weaker, which appears to be associated with inefficient capital reallocation. I also find much heterogeneity in the productivity-wage relationship across productivity distribution. The most productive establishments turn the smallest portion of productivity gains into wage increases.

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A Study on the Development Prospects of Building Construction Productivity through Construction Status Analysis (건설업 실태분석을 통한 건설업생산성의 발전전망에 관한 연구)

  • Park, Hong Tae;Jeon, Jun Tai;Lee, Yang Kyu
    • Journal of the Society of Disaster Information
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    • v.8 no.3
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    • pp.242-257
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    • 2012
  • Korea's population change trend is the aging and feminization as Reduction in mortality, average life extension. and is further increased Reduction of birth rate and aging population. if Our country concluded FTA(Free Trade Agreement) with the United States, Europe and China etc. labor-intensive industries will be the decline. Then, the construction workers' jobs are continually reduced. This is critical to the nation's economic, social and environmental influences due to Shortage of construction workforce and increasing labor costs. Eventually this is a major factor in reduced construction productivity. Therefore, this study is presented as a construction productivity development prospects on the value-added analysis per Labour productivity employee from Construction market trends, industry-specific productivity index, industry trends Employed, age tiered workforce trends, women's workforce trends, labor time trend, foreign workers, workforce trends, analysis of trends in construction contract, awarded by Company Size trends, construction management analysis index.

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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Development of the Performance Analysis Model Based on Research and Development Phases for Automated Construction Equipment

  • Lee, Jeong-Ho;Kim, Young-Suk
    • Journal of Construction Engineering and Project Management
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    • v.2 no.2
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    • pp.1-17
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    • 2012
  • The automated construction machines have been recently developed to help solve the construction industry problems that significantly affect labour, productivity, quality, and profit. Despite the importance of performance analysis to commercialize the automated construction machines, previous studies have mainly concentrated on developing hardware and software of automated construction machines. This research now focuses on two objectives: (1) to propose an analysis model which can measure productivity, quality, and safety improvement rate of automated construction machines based on research and development (R&D); and (2) to develop a performance analysis system which will aid the evaluator in analysing the performance of automated construction machines. Finally, it is anticipated that the effective use of the performance analysis model and computerized system will ably develop the high-performance, automated construction machines and establish the marketing strategy to increase not only the commercial value but also the upkeep and development of construction machines.