• Title/Summary/Keyword: Wages

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A New Empirical Investigation of Employment, Wages and Output -A Comparative Study of the US and Japan-

  • Sung, Jaewhan
    • Journal of Labour Economics
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    • v.21 no.2
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    • pp.17-46
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    • 1998
  • In this paper, I pursue an empirical analysis of different patterns of employment and wage adjustments to demand changes for the US and Japan. Analyzed are the data in the 70's and 80's, the period that the two countries are believed to show most conspicuous diverging patterns. Using the framework of cointegration and error correction, I establish that in the US it is employment level, while in Japan it is wages, that is more responsive to output fluctuations both in the long run and the short run. All the comparisons on the long run relationships are estimated and tested based on the system cointegrating regressions, and the transition from the short run to the long run responses are investigated using impulse response analysis of the error correction models. I also study differences across genders and establishment sizes within each country. For males and females in Japan, the adjustments are significantly different both in the long run and the short run, but for the firms of different sizes they diverge only in the short run. In contrast to some of the earlier work, the gender effect turns out to be insignificant in the US.

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Appraisal of Productivity in the Farmland Consolidation Region Using GIS (지리정보시스템을 이용한 경지정리지구의 생산성 평가)

  • Park, Seung-Ki;Min, Dae-Hong;Lee, Chang-Soo
    • Proceedings of the Korean Society of Agricultural Engineers Conference
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    • 2001.10a
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    • pp.220-223
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    • 2001
  • This study was carried out to developed that appraisement model of Potential Productivity Index (PPI). PPI model was used Farmland Productivity Index(FPI) and Labor Productivity Index(LPI) by GIS, and PPI model applied to farm land consolidation region which has been completed recently. FPI was determined by overlapping Poly Grid of the soil properties at the analyzed project region. LPI was estimated by addition productive wages ratio of total direct productive cost. Addition productive wages was determined by GIS Network analysis of working distance between farm house to paddy and each paddy. PPI variation of each the analyzed paddy of Masu and Weoncheon region was $0.967{\sim}0.712,\;0.986{\sim}0.780$ respectively, and could be showed relative largely PPI value. PPI will provide basic element for large scaling and gathering of farm land and a substitute lot of farm land consolidation, and will be maximize productivity of paddy.

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The Determinants of Collective Bargaining Power in Labor-Management Relations - Focusing on the Analysis of the Economic Variables - (노사관계에 있어서 단체 교섭력의 결정요인 - 경제적 변수를 중심으로 -)

  • Baek, Gwang-Gi
    • Korean Business Review
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    • v.2
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    • pp.141-169
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    • 1989
  • Most of the theories of collective bargaining outcomes start with a set of economic variables. The economic constraints, pressures, and incentives influence the bargaining power relationship between labor union and employer. In this paper, the critical macro and micro economic variables that need to be considered in analyzing the economic context of collective bargaining power relationship is outlined. The focus is on the role that economic forces play in shaping the results of bargaining, that is the outcome of negotiations. In this study, the elasticity of the demand for labor is introduced as one of the most important economic aspects that influence bargaining power. Unions will be most successful in increasing wages when they enjoy an inelastic demand for labor. If the demand for labor is not naturally inelastic, some institutional arrangement for "taking wages out of competition" must be sought. Inflation, business cycle, and income policy are influential in shaping both parties' goals and expectations as well. In addition to the analysis of the economic variables, the nature of power is diagonized with some introductory notions about its care and feeding before proceeding to the details of the above issues.

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A Study on Human Factor for Port State Control System (항만국통제제도에 대한 인적요인 연구)

  • Lee, Yun-Cheol;Kim, Jin-Kwon;Jeon, Hae-Dong
    • Proceedings of the Korean Society of Marine Engineers Conference
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    • 2005.11a
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    • pp.108-109
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    • 2005
  • The aim of Port State Control(PSC) system is recognized as a proficient mechanism in preventing coastal traffic accident and protecting marine environment. Recently, PSC system is focused on human factor of International Maritime Convention, especially ILO and STCW Convention by considering many accidents resulted from human factor. Therefore, we have to understand of Consolidated Maritime Labour Convention which describes employment conditions and social welfare policy, the rights about the lowest wages, the overdue wages, the unemployment protection. a disaster reward, etc and STCW Convention which describes standards of training, certification and watchkeeping for seafarers. The aim of this study is to recognize inspection points about human factor of these Conventions. .

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Inter-Regional Migration and Wage Effects by College Graduates (청년층 지역이동과 임금수준 효과)

  • Cho, Donghun
    • Journal of Labour Economics
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    • v.43 no.3
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    • pp.123-148
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    • 2020
  • This study empirically estimates the possible association between the college graduate Young Peoples' wages in the labor market and their internal migration through college education after high school education. Using the Graduate Occupation Mobility Survey(GOMS), we found out that the more likely young peoples find jobs in the location from different their hometown the higher they command wages in the labor market.

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Design and Implementation of a Knowledge - Based Wage Rate Prediction System (지식기반 임금예측시스템 설계와 구축사례)

  • Jo, Jae-Hui
    • Asia pacific journal of information systems
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    • v.4 no.1
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    • pp.3-31
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    • 1994
  • Potential employers considering locations for production or service facilities typically equire detailed advance knowledge of the wages they will be expected to offer for workers in various occupational categories. The State of Missouri s Department of Labor and Industrial Relations is often contacted by organizations requesting such information. The current wage rate survey approach, initiated in 1988, allows the Department to predict an appropriate wage rate for a given occupation in certain counties, adjusted for changes in the Consumer Price Index (CPI). However, both Department employees and firms have indicated that improved prediction responsiveness and accuracy are desirable. A major deficiency of the current approach is its inability to predict wages for unsurveyed counties. This paper describes a knowledge-based system (KBS), currently in the prototype testing stage, that is expected to supplement the wage rate survey in the near future.

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Strategies to Improve the Quality of Care: Focusing on the Activities of People Who Provide Childcare (돌봄의 질 개선 방안: 아이돌보미 활동을 중심으로)

  • Kim, Seung-Hee
    • Journal of Family Resource Management and Policy Review
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    • v.15 no.4
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    • pp.19-41
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    • 2011
  • The purpose of this study was to evaluate the activities of people who provided childcare based on their perspectives and situations, and suggest strategies to improve the quality of care. This study collected data through in-depth interviews and analyzed the data using Gee's discourse analysis method. The participants were 13 people who provided childcare, and criticized the low wages and unfair treatment. The results of this study recommended three strategies to improve the quality of care: stable and reasonable wages, improvement in treatment and status, and a system of communication among people who were related to childcare. Compared to previous research, this study fundamentally questioned the quality of care and investigated the answer to improving the quality of care.

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Minimum Wages and Firm Exports: Evidence from Vietnamese Manufacturing Firms

  • Nguyen, Dong Xuan
    • East Asian Economic Review
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    • v.25 no.1
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    • pp.99-121
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    • 2021
  • This paper investigates the relationship between the minimum wage and firm's export behavior by using firm-level data of Vietnamese manufacturing enterprises over the period 2010 through 2015. In this regard, I apply the logistic regression model for the probability of exporting and the differences-in-differences analysis to the data, and find that raising minimum wage standards drive no new exporters but a rise in a firm's export sales. Less productive and more labor-intensive firms raise their amount of exports in response to increasing minimum wage levels. Being exposed to increasing minimum wage levels makes a firm under-perform in terms of export sales compared to non-exposed firms.