• Korea journal of population studies
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• v.9 no.1
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• pp.41-53
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• 1986

The purpose of this paper is two-fold. One is to investigate the determinants of the demand supply of labor, and another is to project long-term demand and supply of labor. The paper consists of three parts. In the first part, theoretical models and important hypotheses are discussed: for the case of a labor supply model, issues regarding discouraged worker model, permanent wage hypothesis, and relative wage hypothesis are examined and for the case of a demand model, issues regarding estimating an employment demand equation within the framework of an inverted short-run produc- tion function are inspected. Particularly, a theoretical justification for introducing a demographic cohort variable in a labor supply equation is also investigated. In the second part, empirical results of the estimated supply and demand equations are analyzed. Supply equations are specified differently between primary and secondary labor force. That is, for the case of primary labor force groups including males aged 25 and over, attempts are made to explain the variations in participation behavior within the framework of a neo-classical economics oriented permanent wage hypothesis. On the other hand, for the case of females and young male labor force, variations in participation rates are explained in terms of a relative wage hypothesis. In other words, the participation behavior of primary labor force is related to short-rum business fluctuations, while that of secondary labor force is associated with intermediate swings of business cycles and demographic changes in the age structure of population. Some major findings arc summarized as follows. (1) For the case of males aged 14~19 and 2O~24 groups and females aged 14∼19, the effect of schhool enrollment rate is dominant and thus it plays a key role in explaining the recent declining trend of participation rates of these groups. (2) Except for females aged 20∼24, a demographic cohort variable, which captures the impact of changes in the age structure on participation behavior, turns out to show positive and significant coefficients for secondary labor force groups. (3) A cyclical variable produce significant coefficients for prime-age males and females reflecting that as compared to other groups the labor supply behavior of these groups is more closely related to short-run cyclical variations (4) The wage variable, which represents a labor-leisure trade-off turns out to yield significant coefficients only for older age groups (6O and over) for both males and females. This result reveals that unlike the experiences of other higer-income nations, the participation decision of the labor force of our nation is not highly sensitive with respect to wage changes. (5)The estimated result of the employment demand equation displays that given that the level of GNP remains constant the ability of the economy to absord labor force has been declining;that is, the elasticity of GNP with respect to labor absorption decreasre over time. In the third part, the results of long-term projections (for the period of 1986 and 1995) for age-sex specific participation rates are discussed. The participation rate of total males is anticipated to increase slightly, which is contrary to the recent trend of declining participation rates of this group. For the groups aged 25 and below, the participation rates are forecast to decline although the magnitude of decrease is likely to shrink. On the other hand, the participation rate of prime- age males (25 to 59 years old) is predicted to increase slightly during 1985 and 1990. For the case of females, except for 20∼24 and 25∼34 age groups, the participation rates are projected to decrease: the participation rates of 25∼34 age group is likely to remain at its current level, while the participation rate of 20∼24 age group is expected to increase considerably in the future (specifi- cally, from 55% in 1985 to 61% in 1990 and to 69% in 1995). In conclusion, while the number of an excess supply of labor will increase in absolute magnitude, its size as a ratio of total labor force is not likely to increase. However, the age composition of labor force is predicted to change; that is, the proportion of prime-age male and female labor force is projected to increase.

• Journal of the Korean Home Economics Association
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• v.36 no.1
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• pp.65-79
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• 1998

The purposes of this study were to establish a conceptual model on the woman's labor force participation and mobility in the labor market and to analyze the correlation between them. Included in those models were two independent variable sets. The one was related to household's financial conditions and the other was associated to the woman's role such as marital status, the number of children and the existence of young children. KHPS's national data was used and the Binomial Probit Model and Bivariate Probit Model were employed to analyse the effects of independent variables and the correlations between two dependent variables. The results of this study were as follows. The rate of women's labor force participation and the percentage of mobility willingness were 15.4% and 22.0%. Among the variables which have affected women's labor force participation were total wage income, non-wage income, expenditure on children's education and the subject judgement of their financial status. The existence of children under the age of 6 and marital status had significant influences on women's mobility willingness. The correlation between women's labor force participation and mobility willingness was very significant statistically. These findings clarified the status of woman as a secondary worker and pointed that a woman's economic activity would be subject to the woman's condition rather than her human capital.

• Journal of the Korean Society of Safety
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• v.28 no.5
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• pp.78-82
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• 2013

The purpose of this study is to review the labor force partitpation rate and work environment characteristics of female workers to provide basic information for establishment and implementation of effective policies related to accident prevention and workers health protection for female workers. It was analyzed employment status, work environment and injuries and illnesses based on economic activity census results, compensation of industrial injury and the second working condition survey. According to economic activity census results, female labor force participation rate has been steadily increased, whereas male labor force participation rate has been decreased since 1970. Industrial accident rate has been declined in male workers but that in female workers has been steadily increased even though male workers were higher accident rate than female workers. It was evaluated that female workers are vulnerable to industrial injuries and illnesses in the aspect of their working environment and employment status. Also, Substantial differences between female and male workers in occupational exposure patterns, occupational disease and occupational environments were observed. Therefore it was recommended that special care programs for female workers such as a specialized monitoring and management program should be introduced in the near future.

• Journal of Family Resource Management and Policy Review
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• v.25 no.2
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• pp.41-52
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• 2021

The purpose of this study is to examine how female labor force participation, family policies, and gender equality are related to fertility rate across countries. Multiple measures has been collected from various data sources(such as OECD, UNDP, and WVS) and the panel data set which includes (mostly) OECD countries range from 1990 to 2019 are analyzed. The major findings are as follows. First, based on OECD countries samples, female labor force participation is positively associated with the fertility rate, which implies that women's labor force participation does not lead to a reduction in fertility rate. Second, the length of paternity leave is positively associated with fertility rate whereas the direction is the opposite for the relationship between the length of maternity leave and fertility rate. This is attributed to the possibility that a longer period of maternity leave incurs the a higher opportunity cost of earning income, which leads to a reduced fertility rate. Third, countries with higher gender inequality index tend to have a higher fertility rate. Similarly, countries with higher gender equality value have a lower fertility rate. When the gender equality value is devideed into three sub-categories, education, politics, and employment, the gender equality value in education is the only sub-category which is negatively associated with the fertility rate. This study confirms that female labor force participation may not be a contributing factor in the lowering of fertility rate but instead can be positively associated with the fertility rate. Also, the results show that family policies or gender equality values can be significantly affect fertility rate.

• Journal of Labour Economics
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• v.31 no.2
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• pp.129-156
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• 2008

This paper investigated labor force participation pattern changes of married women from 1980 to 2005. Using the micro samples of Population and Housing Census provided by the Korean National Statistical Office, the following results were obtained. The labor force participation rate of married women has substantially increased from 1980 to 2005, with some significant changes in labor supply pattern worthy of note. The most important finding concerns the highly educated women's and younger cohorts' labor supply patterns. Labor force participation rate rapidly increased among college educated married women and wives of college educated men. This is different from the stylized fact associated with married women's labor in Korea, that is, "More educated, less work." This change is more obvious among recent cohorts born from 1971-1975 and from 1976-1980. In contrast to the spouses who trigger less of an influence on married women's labor, the presence of children still proved to be a critical component.

• Korea journal of population studies
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• v.21 no.2
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• pp.5-36
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• 1998

This study examines the change of female labor market structure during the last several decades, focusing the effects of demographic factors such as declining fertility and increasing educational attainment of women. Women of the recent cohort tend to postpone their first marriages, to attain higher levels of education, and to have smaller number of children than women of the old cohort. This demographic trend results in the change of the population compositions in a way that population subgroups with high labor force participation have been increased. In addition, women of each population subgroup supply their labor in the market with higher rate than their old cohort counterparts. The labor force participation rate of highly educated women, and of married women has been increased faster than that of women with low education and of unmarried women. Although childbirth is still one of the most critical barrier for the women's participation, more and more women with young children tend to work for pay than ever before. In spite of the demographic change which is supportive to the increasing labor force participation, the Korean labor market have lost its female participants for the last year of the economic restructuring, reflecting demand-side factors as well as demographic factors are essential to determine the labor force participation of women.

• Korea journal of population studies
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• v.29 no.3
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• pp.51-72
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• 2006

In Korea, most studies have used the conventional Wolfbein and Wool method, which cannot be applied to women's work-life table because of bimodality and/or M curve of female labor force participation. The increment/decrement work-life table method, however, is equally applicable to both men and women, but requires individual data on employment transition. This paper demonstrates that the Garfinkle-Pollard method is the same as the increment/decrement work-life table method developed by Hoem, Schoen and Woodrow and adopted by BLS. The merit of Garfinkle-Pollard method is to produce work-life table using labor force participation rate without individual employment transition. This paper applies the Garfinkle-Pollard methods to the estimation and projection of work-life of Korean labor force for the period of 2000-2050, using the abridged life tables provided by Korean National Statistical Office and a projection of labor force participation rates. The work-life expectancy at 65 is 5.8 years for men and 4.1 years for women in 2000, and it increased to 7.7 years for men and 5.1 years in 2050. However, differences in work-life expectancy are found depending on the data processing of elderly labor force participation and mortality assumption. Detailed data on elderly labor force participation and further study on future mortality are required to estimate and project more accurate work-life expectancy.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.11
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• pp.585-593
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• 2020

This study contributes to the existing literature by empirically exploring the causes of child labor in the Indonesian labor market. Factors identified include rate of poverty, average wages, education participation, and quality of education. This study utilized an aggregate data of 301 districts and cities across 34 provinces sourced from the National Labor Force Survey and the National School/Madrasah Accreditation Board of the Republic of Indonesia. Using a multiple regression analysis, the study found strong evidence of the positive effect of poverty on child labor. Conversely, the study documented the adverse impact of average wages on child labor in Indonesia. Similarly, the participation in the education system also contributed negatively to the child labor. Finally, the quality of education services is found to have a negative effect on child labor in Indonesia. The findings of this study suggest that, in efforts to reduce the involvement of children in the workforce, the poverty eradication program should be enhanced. The wages should be continuously improved, at least, in par with the changes in prices. Finally, the quality of education and its services ought to be further enhanced to attract more child student participation rates across junior high schools nationwide.

• Asia-Pacific Journal of Business
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• v.15 no.1
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• pp.335-352
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• 2024

Purpose - Low fertility rate is a serious problem, and this study analyzes factors affecting total fertility rate using panel data from 16 metropolitan cities and provinces in Korea from 2000 to 2022. Design/methodology/approach - Estimating the SAR model considering the weak cross-sectional dependence that exists in variables related to the regional total fertility rate, and using the DKSE estimation method considering the strong cross-sectional dependence. Findings - Estimation results considering weak and strong cross-sectional dependence were similar, confirming the robustness of the results. Female labor force participation rate has a positive effect on total fertility rate, and employment rate has no effect. However, the interaction term is a negative (-) sign. Crude marriage rate has a positive effect on total fertility rate, and apartment price has a slightly positive effect. Environmental factor has no effect, and policy factor has a negative effect. Research implications or Originality - In order for an increase in the female labor force participation rate to lead to an increase in the total fertility rate, qualitative improvements in female employment must be made. Financial investment policies for childbirth must increase their effectiveness. The problem of low fertility rate requires not only population policy but also social, economic, cultural, environmental, and policy conditions to be considered.

• Journal of Families and Better Life
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• v.22 no.1
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• pp.169-179
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• 2004

This study investigated female-head's employment and household economic status of the single-mother households compared to those in the two-parent households using the data from the Korean Labor and Income Panel Study. Major findings are: first, female-heads showed lower educational attainment, lower labor force participation rate, lower occupational status, and lower wage rates than male-heads; second, the level of household income was as 1.3 times as the Minimum Living Cost and the level of household expenditure was close to the Minimum Living Cost; third, one-thirds of single-mother households were in poverty. Based on the results, the implications to public policy were suggested.