• Title/Summary/Keyword: industrial productivity

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An Influence of Industrial Accident on Industrial Productivity in Korea (산업재해 발생이 산업생산성에 미치는 효과)

  • Lee, Jaehee;Lim, Jin Seok;Park, Jinbaek
    • Journal of the Korean Society of Safety
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    • v.36 no.1
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    • pp.50-55
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    • 2021
  • This study aims to analyze an influence of industrial accident on industrial productivity. We analyzed relationship among industrial accident, labor force, and industrial productivity using vector error correction model (VECM). The data used in the analysis were the number of industrial accidents, the number of workers, and index of all industry production from January 2008 to June 2017 in Korea. Finally, the industrial accidents have played a role in reducing labor force and industrial productivity.

Fiscal Convergence and Total Factor Productivity: Firm-Level Evidence from Pakistan

  • KHAN, Usman Shaukat;KHAN, Muhammad Arshad;NAWAZ, Saima;RAHMAN, Abdul
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.10
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    • pp.555-569
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    • 2020
  • This study examines the impact of corporate tax, a fiscal measure along with trade liberalization and research and development on total factor productivity for a panel of 153 industrial firms listed on the Pakistan Stock Exchange over the period 1997-2017. For empirical analysis, we employ the system generalized method of moment estimator. In the first step, we estimate industrial production function and the results reveal that raw material, industrial labour force and energy play vital role in enhancing industrial production. Whereas, industrial capital exerts negative impact on industrial output. We also measured total factor productivity using the production elasticities. In the second step, we examine the impact of corporate tax, trade liberalization and research and development on total factor productivity. The results indicate that higher level of corporate tax exerts negative impact on total factor productivity. The findings reveal that higher corporate taxation discourages industrial firms to undertake research and development thereby exerting adverse impact on total factor productivity of firms. The impact of trade liberalization proxied by average tariff is positive while customs duty and sales tax negatively impact firm-level total factor productivity. These findings provide useful insights for managers, investors and policy makers in Pakistan.

A Tradeoff between Customer Efficiency and Firm Productivity in Service Delivery Systems

  • Trinh, Truong Hong;Kachitvichyanukul, Voratas;Luong, Huynh Trung
    • Industrial Engineering and Management Systems
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    • v.11 no.3
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    • pp.224-232
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    • 2012
  • The paper proposes a non-parametric methodology, data envelopment analysis, for measuring efficiency and productivity in service delivery systems with capacity constraints. The methodology provides allocation approaches for studying behaviors of firm and customers in service delivery strategy. The experimental study is carried out to investigate allocation behaviors and conduct an objective tradeoff between efficiency approach and productivity approach. The experimental result indicates that the efficiency approach allocates resource via maximizing customer efficiency rather than firm productivity as in the productivity approach. Moreover, the experiment reveals that there exists an objective tradeoff between the efficiency approach and the productivity approach. These findings provide strategic options for allocation policy in service delivery systems.

A Case Study on Productivity Improvement for Conveyor Assembly Production Line in Medium and Small-Sized Manufacturing Factories (중소 기업 컨베이어 조립 라인의 생산성 향상 개선 사례)

  • Chung, Dae Kwon;Yun, Won Young
    • Journal of Korean Institute of Industrial Engineers
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    • v.41 no.2
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    • pp.209-219
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    • 2015
  • This paper deals with a case study about productivity improvement in medium and small-sized manufacturing factories. It is popular to improve the productivity of lines by shortening the production cycles and assigning multi jobs to workers. We analyze the production lines and improve the productivity in the case study through multi-functional workers and shortened production lines. Based on the case study, we propose some guidelines to improve the productivity of production lines.

An Analytical Study for the Labor Productivity Improvement of Enterprise (기업의 노동생산성 향상을 위한 분석연구)

  • 김종래
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.4 no.4
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    • pp.35-42
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    • 1981
  • This paper grasped the labor productivity actual condition by the standard of per unit working hour and production about the main products of our country's industrial the main materials and could understand the average of our country's labor productivity as compared this with the labor productivity actual condition of Japan. As the point at issue of analitical result. 1. Low a matter of thinking about productivity. 2. Have a lot of difficult problem in an industrial part. 3. Have the point at issue on technical development and accumulation. 4. Have the point at issue on management. As a countermeasure about these. 1. must convert the way of use of industrial policy. 2. must make a housing development and special serialization of a small and medium enterprise. 3. must establish an organic technical development system. 4. must grope the policy of management rationalization.

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Analysis of the Productivity and Technological Change of the Manufacturing and Service Industries in Korea (우리나라 제조업과 서비스업의 생산성과 기술변화 비교분석)

  • Bae, Young-Im;Song, Sung-Hwan;Gwon, Seong-Hoon;Hong, Soon-Ki
    • IE interfaces
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    • v.21 no.3
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    • pp.312-321
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    • 2008
  • The productivity increase by technological advance is the biggest driving force of economic growth. In this paper, we investigate the inputs and outputs of the manufacturing and service industries in Korea. We also estimate the total and partial factor productivities of both industries using the Solow model and the Kendrick model. Finally, we analyze the contribution of each input factor to industrial growth.

Alternative improvement policies of the value-added productivity in the manufacturing firms (제조업을 위한 부가가치생산성의 향상방안)

  • 유인선
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.20 no.41
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    • pp.243-254
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    • 1997
  • The fast changes of business environment make the enterprise filled with many problems which have to be solved. Productivity is a measure of the organizational performance, especially in manufacturing activities. The purpose of this paper is to measure the value-added productivity of the firms, to identify the characteristics and the relationship between key variables which affect the value-added productivity and also to study the alternative policies of productivity improvement elements which increase productivity effectiveness.

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A Study on the Improvement of Productivity through Quality and Flexibility (품질과 유연성을 통한 생산성 개선에 대한 연구)

  • 양정회
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.17 no.30
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    • pp.81-87
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    • 1994
  • Productivity relates output to input and also integrates performance aspects of quality, efficiency and effectiveness. Productivity improvement are associated with efficiency and effectiveness, productivity index involved quality and flexibility, integrated productivity measurement system, and other factors. This study focused on the productivity improvement that involved the opportunity costs such as qualify costs and flexibility effects.

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Does Inward Foreign Direct Investment Affect Productivity across Industries in Korea?

  • Jang, Yong Joon
    • East Asian Economic Review
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    • v.25 no.2
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    • pp.151-174
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    • 2021
  • This paper empirically examines whether and how inward foreign direct investment (FDI) affected industrial productivity in Korea during the 2000-2016 period, based on dynamic panel data of inflow FDI on an arrival basis from 427 manufacturing industries. The paper adds to the literature by analyzing whether both technology spillovers and industrial restructuring from inward FDI can differ according to industrial characteristics such as capital intensity, imported intermediate inputs, and tariffs. The empirical results show that the overall effects of inward FDI on total factor productivity (TFP) were statistically insignificant in general. However, the positive effects of inward FDI on productivity became statistically significant for industries with lower tariffs. Capital intensity were not involved in the relationship between inward FDI and productivity. Thus, the paper highlights that the results in previous studies with inward FDI on a notification basis were overestimated and inward FDI policies in Korea should focus on channels such as trade liberalization and the redistribution of production factors rather than capital accumulation.

Analysis of Efficiency and Productivity Changes for Mail Centers Using DEA-Window Analysis and Malmquist Productivity Index (DEA-Window 분석 및 Malmquist 생산성지수를 사용한 우편집중국 효율성 및 생산성 변화 분석)

  • Lee, Jae-Seol;Goh, Hyun-Woo
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.32 no.4
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    • pp.79-86
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    • 2009
  • The purpose of this paper is to analyze the 24 mail center's efficiency and productivity changes from first quarter to fourth quarter of 2008 using window analysis and Malmquist productivity index. Row views of window analysis results make it possible to determine trends and/or observed behavior with the same data set, and column views to examine the stability of results across different data sets. Malmquist productivity indexes greater than unity translate into improvements in productivity, and less than unity mean deterioration in performance over time. The results of this study suggest that DEA models under dynamic situations such as window analysis and Malmquist productivity index enable us to comprehend the efficiency and productivity changes over time and to show the direction of improvements.