• Title/Summary/Keyword: Productivity Factor

Search Result 898, Processing Time 0.03 seconds

A Process of Selecting Productivity Influencing Factors For Forecasting Construction Productivity (생산성 예측을 위한 생산성 영향요인 선정 프로세스)

  • Lim, Jae-In;Kim, Yea-Sang;Kim, Young-Suk;Kim, Sang-Bum
    • Korean Journal of Construction Engineering and Management
    • /
    • v.9 no.4
    • /
    • pp.92-100
    • /
    • 2008
  • Productivity is acknowledged as a very important factor for successful construction projects. Various data items collected daily form a construction site can be used for monitoring its productivity by analyzing them. However, no analytical methods for that purpose have been established in the domestic construction industry yet. Previous researches that utilized OLAP and data mining to analyze the factors that affect the productivity did not do well with predicting future cases with sufficient reliability. This research therefore proposes a new analytical process which is capable of figuring out the factors that would affect the productivity of future projects, through qualitative and quantitative analysis of the data collected from past projects.

Analysis on the Relationship Between Climatic Variation and Total Factor Productivity of Manufacture Industries of Korea (한국 기후변동 패턴과 제조업 총요소생산성의 관계 분석)

  • Choi, Young Jun;Park, Hyun Yong
    • Environmental and Resource Economics Review
    • /
    • v.25 no.2
    • /
    • pp.277-297
    • /
    • 2016
  • This study is to analyze the effects of changing pattern of climate vaariables on total factor productivity of Korea manufacture industry. Changes in temperature, rainfalls and humidity which are the representative climate variables are used as main factors. Not only average values of the variables but those highest values are used as independent variables in the model, in order to consider the characteristic pattern of recent climate change, the high volatilities. The OLS results are unlike to previous literature that temperature and humidity had no significant impact on manufacturing productivity. An increase in the amount of precipitation was analyzed that impact negatively impacted. The analysis of panel data showed that temperatures and precipitation all that does not significantly affect the manufacturing. While the increase of the average humidity is shown to increase the total productivity of manufacture industry. In Korea, adaptation capability is important in determining the effects of climate change on productivity of manufacture industry.

The Impact of R&D on the Singaporean Economy

  • Ho, Yuen-Ping;Wong, Poh-Kam
    • STI Policy Review
    • /
    • v.8 no.1
    • /
    • pp.1-22
    • /
    • 2017
  • There has been a pronounced increase in research and development (R&D) expenditure in Singapore over the last two decades, with government spending accounting for a sizeable share. This increase has been spurred by public policy emphasis on research and innovation as engines of economic growth. This paper analyses the impact of R&D on economic performance in Singapore from 1978 to 2012 through the use of time series analysis. The Cobb-Douglas based analysis shows a long-run equilibrium relationship between Total Factor Productivity (TFP) and R&D investments. We found that the short-run productivity of R&D in Singapore is comparable to smaller advanced economies in the Organisation for Economic Co-operation and Development (OECD). However, in terms of long-run R&D productivity, Singapore lags slightly behind the smaller OECD nations and far behind the G7 countries. This suggests leakage of value capture and low absorptive capacity in local firms. Possibility of productivity improvements induced by policy changes in the 1990s was considered, but no evidence of significant structural breaks was found. Lastly, Granger causality analysis reveals that public sector R&D augments private sector R&D capital, thus playing an important role in generating externalities and spillover effects. Policy implications and lessons for other middle-income countries are discussed.

An Analysis about determinants of Total Factor Productivity and Technical Efficiency in Manufacturing Industries : Non-parametric Malmquist Approach (제조업의 총요소생산성과 기술적효율성 결정요인분석 : 비모수적 맴퀴스트 생산성 지수에 의한 분석)

  • Jung, Kyung-Hee;Cho, Jai-Rip
    • Proceedings of the Safety Management and Science Conference
    • /
    • 2009.04a
    • /
    • pp.337-350
    • /
    • 2009
  • Using the Malmquist productivity index, this paper compares the productivity of Korean manufacturing industries from 1999 to 2006. The malmquist productivity index has more advantages than previous methods such as solow model, endogenous growth theory. The malmquist productivity index can be decomposed productivity into two parts. The first part is an index of the technical efficiency change. This index has high value when the elements of production is used more efficiently. The second part is an index of technical change. This index has high value if the advent of new technology and process innovation occur.

  • PDF

Productivity Measurement and Analysis on Factors in Steel Erection (철골세우기의 현장생산성 측정 및 영향요인 분석)

  • Lee, Ji-Yong;Huh, Young Ki;Ahn, Bang Ryul
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2008.11a
    • /
    • pp.123-127
    • /
    • 2008
  • As buildings becoming higher and more enormous the portion of steel works has been increased, which makes the schedule planning and management more significant. However, in actual construction sites, management is more based on a manager's construction experience than productivity data accumulated in previous projects. Moreover, most of the existing studies also featured a theoretical approach rather than an analysis of data straightforwardly collected in sites. In this study, a steel-erection site was visited to collect productivity data. The study found that there were significant disparities between aboveground work productivity and underground work. However, the productivities of 'first node on ground' and 'second node on ground' were estimated similar. The productivity data collected and factors affecting the productivity will help managers to plan and control their similar steel-erection works. This study will also be beneficial for those performing related studies.

  • PDF

The Effects of Strategic Goods Control on Productivity: The Case of Korea

  • Min Hye Moon;Yong Joon Jang
    • East Asian Economic Review
    • /
    • v.27 no.2
    • /
    • pp.89-114
    • /
    • 2023
  • This paper empirically examines how controlling strategic goods affects productivity by focusing on Korean industries from 2015 to 2019. We hypothesize that strategic goods control positively affects productivity because it promotes international trade by making up for market failures, building up national credibility, and stabilizing market environment; in turn, international trade contributes to productivity growth. The regression results are congruent with our hypothesis. The effects of strategic goods control on productivity were positive and statistically significant in general. These positive effects were more prominent in the group of industries that include strategic goods and, thus, are technologically intensive. The results also support that international trade is a key medium for the effects of strategic goods control on productivity. Consequently, our empirical results support government policy on strategic goods control, ensuring that strategic goods control can contribute to economic growth by reducing diplomatic friction and stabilizing the global market.

Structural Analysis of Labor Productivity Influence Factors in Construction Industry Using Fuzzy DEMATEL Method (Fuzzy DEMATEL 방법을 활용한 건설산업 노동생산성 영향요인 구조분석)

  • Lee, Chanwoo;Cho, Hunhee
    • Proceedings of the Korean Institute of Building Construction Conference
    • /
    • 2023.05a
    • /
    • pp.353-354
    • /
    • 2023
  • Improving productivity in industries is a very critical issue, and improving labor productivity is especially important in construction industry, which is a labor-intensive industry. However, researches on labor productivity in construction industry are insufficient, and most of previous studies have limitations in terms of specificity and logic. In this study, fuzzy DEMATEL method was used to structural analyze of influence factors for labor productivity in construction industry based on previous researches and expert survey. The result of this study contributes to deriving priorities for improving labor productivity.

  • PDF

A Study on Measuring Method in Technical Progress (기술진보 측정방법에 관한 일고안)

  • 박일근
    • Journal of Korean Society of Industrial and Systems Engineering
    • /
    • v.3 no.3
    • /
    • pp.59-66
    • /
    • 1980
  • The purpose of this paper to study on measuring method in technical progress. Technology is combination method of raw material and capital, land, labour. The first step to technical Progress is COBB-DOUGLAS production function, so technical progresses are important role in economic growth and development. General production function from Y=f(K, L, T) and COBB-DOUGLAS production function Y=${AK^I}{L^b}$ is first condition. Technical progress is saving of production factor In capital saving, labour saving, neutral saving. Marred Hicks Robinson has Insist on technical progress by each view of production factor, but, what is most excellent measuring method of technical progress\ulcorner I : productivity index method. II : Gross Production function method. Productivity method used in every products level in weight values, gross method function method used in production factor attributed to products. Above two measuring method has delicate problem in each input factor, substitution relation and production factor simultaneously linked each others This basic problem based on technical progress is not solubable in this time.

  • PDF

Multi-]factor Analysis of Firm-Level Performance Through Feed-Forward, Feed-Back Relationships (다중요소 상호간의 연관성과 연속적 시뮬레이션 기법을 이용한 생산성 측정방법에 관한 연구)

  • 박영홍
    • Journal of the Korea Society for Simulation
    • /
    • v.11 no.1
    • /
    • pp.59-70
    • /
    • 2002
  • This article presents the results of research to develop a descriptive model of firm-level productivity that will allow a myriad of factor interactions to be directly accounted for. The model is a linked set of equations that attempt to capture how changes in one-factor influences the level of another factor. and ultimately bottom-line performance. The model is coded in SIMAN. It is used to determine the best use of an infusion of funds should they go for additional automation, or training etc. An application of the model to U.S. industry is presented based on parameter values obtained through a national survey.

  • PDF

은행산업의 생산성 측정 -합병은행을 중심으로-

  • 유윤동;이원경;이상우
    • Proceedings of the Korean Statistical Society Conference
    • /
    • 2001.11a
    • /
    • pp.199-204
    • /
    • 2001
  • 1997년 IMF 경제위기 이후 우리나라의 금융산업은 급격한 변화를 겪고 있다. 지난 4년간 은행들을 비롯한 금융기관들이 대형화를 통한 경쟁력 강화를 위해 합병이 실시되었다. 은행합병의 궁극적인 목적은 합병에 의해 규모를 대형화하고 업무범위를 다양화하여 수익규모를 증대시키고 수익원을 다원화하는 한편, 경영자원의 투입과 활용을 효율화하고 시장지배력을 확충하여 경영성과를 제고함으로써 기업가치를 증진시키는데 있다고 할 수 있다. 본 연구에서는 1997년 이후에 본격적으로 이루어진 합병은행들을 대상으로 맘퀴스트 ${\ulcorner}$Malmquist${\lrcorner}$ 총요소생산성(Total Factor Productivity) 지수를 사용하여 그 성과를 측정해 보았다.

  • PDF