• Title/Summary/Keyword: labor index.

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Technology Management and Challenges of Vietnamese Enterprises in the International Market

  • Tuan, Nguyen Anh;Thanh, Nguyen Minh;Loc, Tran Thi
    • The Journal of Asian Finance, Economics and Business
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    • v.5 no.1
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    • pp.43-52
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    • 2018
  • This research aims to evaluate the current state of technology of enterprises in Vietnam in comparison with several countries in the AEC economic community, thereby to propose several recommendations to Vietnamese enterprises in order able to promote technology innovation activities, create competitiveness with enterprises in the region. Qualitative research methods are used through statistics and comparative descriptions from data collected from various sources: WEF, World Bank, CIEM, General Statistic Office. The study results show that Vietnamese enterprises still have many limitations in technology, originated from their small business scale (capital and labor), the current research capacity is still low, the funding for this activity is not high and the accessibility of the capital is still difficult. According to the Global Competitiveness Index, Vietnam's science and technology indexes are low compared to other AEC-developed countries including the availability of the latest technology; the acquisition of technology at the enterprise level; the capacity of improvement; quality of scientific research organizations..., which shall be a major barrier for Vietnamese enterprises to have to overcome to be able to create the competitiveness when entering the global market. From then on, the authors proposed solutions for two subjects, enterprises and government, to help Vietnamese enterprises to overcome this barrier.

Nexus between Financial Development and Economic Growth: Evidence from Sri Lanka

  • FATHIMA RINOSHA, Kalideen;MOHAMED MUSTAFA, Abdul Majeed
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.3
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    • pp.165-170
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    • 2021
  • This paper examines the long-run relationship between financial development and economic growth. The effective function of financial development is crucial to promote the economic development of the country. To achieve the objective, this study used Gross Domestic Product as a dependent variable and Credit to The Private Sector, Ratio of the Gross Fixed Capital Formation to GDP, Trade, Consumer Price Index and Labour Force as an independent variable. Augmented Dickey-Fuller test statistic (ADF) to check the stationary. Bounds test for cointegration and Auto-Regressive Distributed Lag Models (ARDL) are used to check cointegrating relationship amongst the variables and causality between financial development and economic growth. Moreover, the Model selection method is Akaike Info Criterion (AIC). This result demonstrates that the labor force and trade hold a significantly negative relationship with economic growth. Nevertheless, inflation, Credit to The Private Sector, and Ratio of the Gross Fixed Capital Formation to GDP show a significantly positive relationship with economic growth. Therefore, there is a statistically significant relationship between Financial Development and Economic growth in Sri Lanka and the Sri Lankan government should reform its trade policies.

The Impact of Korean Human Capital on the Permanent National Economic Growth in the New Normal Era (뉴 노멀 시대하 한국의 인적자본이 영구적 국민경제성장에 미치는 영향)

  • Kim, Seon Jae
    • The Journal of the Korea Contents Association
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    • v.17 no.6
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    • pp.55-62
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    • 2017
  • The purpose of this study is to investigate the transitory and permanent growth effects of human capital of the Korean economy based on the analysis of the New Normal Era during the period 1970-2014. For the transitory effects, we found out that all the coefficients of capital and labor are significant above the 5% level, whereas the coefficients of labor and human capital are significant only at the 10% level during the period 1999~2014. In particular, in the case of 1% increase in the human capital, the actual growth rate raised up with the rate of 0.15% over a 45-year period. For the permanent growth effects, the coefficients of capital and labor are significant above the 5% level. Furthermore, sum of the coefficients of the capital and labor showed approximately 0.96~0.99, approaching to a unit, which implies that there is a constant returns scale with respect to these inputs. In particular, the coefficient of human capital at 0.064 is significant at the 10% level. This implies that the permanent growth effect of an additional index of human capital is about 0.64% the previous 45-year period.

Time Series Analysis and Forecast for Labor Cost of Actual Cost Data (시계열분석을 통한 실적공사비의 노무비 분석 및 예측에 관한 연구)

  • Lee, Hyun-Seok;Lee, Eun-Young;Kim, Yea-Sang
    • Korean Journal of Construction Engineering and Management
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    • v.14 no.4
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    • pp.24-34
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    • 2013
  • Since 2004, the government decided to gradually introduce Actual Cost Data into cost estimate for improving problems of below-cost tendering and to reflect fair market price through competition and carry contract efficiently. However, there are many concerns that Actual Cost Data has not reflected real market price, even that has contributed to reduce the government's budget. General construction firm's burden for labor cost is imputed to specialty contractors and eventually it becomes construction worker's burden. Therefore, realization of Actual Cost Data is very important factor to settle this system. To understand realization level and make short term forecast, this paper drew construction group of which labor cost constitutes more than 95% of direct cost, and compares their Actual Cost Data with relevant skilled workers's unit wage and predicts using time series analysis. The bid price which is not be reflected market price accelerates work environment changes and leads to directly affect such as late disbursement of wages, bankruptcy to workers. Therefore this paper is expected to be used to the preliminary data for solving the problem and establishing improvement of Actual Cost Data.

The Rationalization through Comparative Analysis of Price Fluctuation Adjustment Method (물가변동 조정방법의 비교분석을 통한 합리화 방안)

  • Kim, Seong-Hee
    • Korean Journal of Construction Engineering and Management
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    • v.13 no.1
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    • pp.67-76
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    • 2012
  • There are index adjustment method and item adjustment method in estimation methods for price fluctuation rate of public constructions. A relevant regulation has put item adjustment method as a principle, but in most construction, contract sum adjustment has been made by index adjustment method. Hence, this study, by figuring out width and causes of the gap between index adjustment method and item adjustment method through direct comparative analysis, solved inequality caused by difference between them and suggested a rational way against irrationality of each method. For building operations of public housing construction, a detailed fluctuation rate by index adjustment method and item adjustment method of construction cost elements of the same construction, that is, direct material cost, direct labor cost and historical construction cost was estimated to analyze difference between two adjustments and establish its cause. Across the analysis, it was found that fluctuation rate by item adjustment method was estimated lower than that by index adjustment method and difference between methods for estimating fluctuation rate of quotation unit price and application of index unrelated to construction type and construction nature are main causes of the difference. This study has a significance in that, for smooth contract sum adjustment between contracting parties, it practically proved the real difference between adjustment methods by conducting comparative analysis of the difference in direct correspondence way.

Selection Index and Genetic Advance on Quantitative Characters of Sesame (참깨의 양적형질에 대한 선발지수 및 유전진전)

  • ;Kwon-Yawl Chang
    • KOREAN JOURNAL OF CROP SCIENCE
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    • v.31 no.3
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    • pp.304-310
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    • 1986
  • The studies were intended to clarify the effects of selection in sesame breeding. The 82 cultivars of sesame were used as the materials, and 14 quantitative characters were measured on individual plant basis. Selection indexes and genetic advances were calculated by Robinson's methods. In genetic advance values, combinations of days to flowering + number of capsule per plant, days to flowering + length of stem with capsule + number of capsule per plant and days to flowering + number of nodes with capsule were higher than those of other combinations. The highest genetic advance was the combination of all characters, but unreasonable problems such as the expence, time and labor involved in calculating the selection index are remained. For these reasons, it was realized that the selection index for selection should calculated on the basis of the data of 2-3 useful characters, i.e., days to flowering, length of stem with capsule and number of capsule per plant.

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Profitability and Publicity of the Regional Public Hospitals in Korea - With focus on administration assessment of regional public hospitals - (공공의료기관의 공공성과 수익성 상호관계에 대한 연구 - 지방공사의료원의 경영평가를 중심으로-)

  • Lee, Dong-Won;Yoon, Bang-Seob;Nam, Eun-Woo
    • Korea Journal of Hospital Management
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    • v.12 no.2
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    • pp.43-68
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    • 2007
  • The administration of a regional public hospitals are expending from profit preference to publicity preference. The weight rate for a profitability and publicity of performance assessment has changed from 84:16 which was resulted by the assessment executed firstly in 1989 to 39:61 as resulted in 2004, the final assessment execution in 2005. Regional public hospitals are exerting and promoting a magnification in public sector to raise up the public-score. With comparison between publicity scores and profitability scores in original scores basis excluding weight rate, the publicity scores ranked higher than profitability scores although the latter was higher by 2002. However, for the administration performance of the regional public hospitals, the deficits increased 11 times from \92.6billion deficits with \460.3billion cost increased by 457% although income as \367.7billion increased by 394% comparing the last 2004 year to the first 1989 year for profit & loss statement of a regional public hospitals. There was analysis for the relation in yearly basis partitioning publicity and profitability for the assessment scores of the to regional public hospitals confirm the accumulated deficits of the hospitals like this attribute to the extension of public sector. The result showed that there was distinct plus relationship from 1999 although a minus relationship in general until 1997 except 1992 and there is a more plus relationship as approaching 2004. That is, it is hard to tell that the accumulated deficits increase of regional government medical center attributed to extension of public sector. On the contrary, the analysis showed the extension of public sector has a mutual relationship with uplift of profitability Meanwhile, it showed that operation cost rate and labor cost are the factors which influence a revenue & expenditure rate among the profitability index according to the results of relation analysis for the representative index of profitability and that of publicity.

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Assessment of Semi-Quantitative Health Risks of Exposure to Harmful Chemical Agents in the Context of Carcinogenesis in the Latex Glove Manufacturing Industry

  • Yari, Saeed;Asadi, Ayda Fallah;Varmazyar, Sakineh
    • Asian Pacific Journal of Cancer Prevention
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    • v.17 no.sup3
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    • pp.205-211
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    • 2016
  • Excessive exposure to chemicals in the workplace can cause poisoning and various diseases. Thus, for the protection of labor, it is necessary to examine the exposure of people to chemicals and risks from these materials. The purpose of this study is to evaluate semi-quantitative health risks of exposure to harmful chemical agents in the context of carcinogenesis in a latex glove manufacturing industry. In this cross-sectional study, semi-quantitative risk assessment methods provided by the Department of Occupational Health of Singapore were used and index of LD50, carcinogenesis (ACGIH and IARC) and corrosion capacity were applied to calculate the hazard rate and the biggest index was placed as the basis of risk. To calculate the exposure rate, two exposure index methods and the actual level of exposure were employed. After identifying risks, group H (high) and E (very high) classified as high-risk were considered. Of the total of 271 only 39 (15%) were at a high risk level and 3% were very high (E). These risks only was relevant to 7 materials with only sulfuric acid placed in group E and 6 other materials in group H, including nitric acid (48.3%), chromic acid (6.9%), hydrochloric acid (10.3%), ammonia (3.4%), potassium hydroxide (20.7%) and chlorine (10.3%). Overall, the average hazard rate level was estimated to be 4 and average exposure rate to be 3.5. Health risks identified in this study showed that the manufacturing industry for latex gloves has a high level of risk because of carcinogens, acids and strong alkalisand dangerous drugs. Also according to the average level of risk impact, it is better that the safety design strategy for latex gloves production industry be placed on the agenda.

Related factors to dental care utilization and oral health status in immigrant workers in Korea (외국인 이주노동자의 구강건강수준과 치과 의료이용 관련요인)

  • Nam, In-Suk;Lee, Kyeong-Soo;Jang, Eun-Jin
    • Journal of Korean society of Dental Hygiene
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    • v.15 no.1
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    • pp.19-29
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    • 2015
  • Objectives: The purpose of the study is to investigate the related factors to dental care utilization, oral health behaviors, and oral health status in immigrant workers in Korea. Methods: The subjects were 504 foreign immigrant male workers over 20 years old who visited Daegu labor consultation center for oral health survey and oral examination. The questionnaire included 5 questions of socioeconomic characteristics, 8 questions of oral health practice behavior, 6 questions of dental clinic visit, 8 questions of social relations and Korean language proficiency. The question for health behavior was measure by body mass index(BMI). Social relations and Korean language proficiency instrument was modified by Seol from "Family welfare survey in Korean international marriage" and scored by Liker 5 scale. Results: The oral health examination of the immigrant workers was as follows: decayed teeth - 76.6%, filling teeth - 27.4%, missing teeth - 69.8%, dental caries experience above five or more - 60.2%, periodontal pocket tissues - 58.9%. Simplified Oral Hygiene Index was very poor and accounted for 49.0%. Dental care utilization experience was closely associated with social relation indexes including attendance in family events, household stuff help, financial help and counseling for hard work(p<0.01). Dental care utilization experience proportionally increased with proficiency in Korean literacy including speaking, listening, and writing abilities of Korean language(p<0.01). Conclusions: In order to improve the oral health condition of the immigrant workers, it is important to provide social network, Korean language proficiency support, and health insurance coverage through economic burden reduction by the Korean government.

Study on The development of Danger Indicator for Prevention of Construction Equipment Accidents - Based on construction equipment accidents of A company - (건설장비 사고예방을 위한 위험지수 개발에 관한 연구 - A사 건설장비 사고사례 중심으로 -)

  • Kim, Byungyong;Ho, Jongkwan
    • Journal of the Korea Institute of Construction Safety
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    • v.4 no.1
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    • pp.9-15
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    • 2021
  • Recently, buildings have become larger, more complex, and various construction methods have been tried. As a result, the use of construction equipment continues to increase, as well as safety accidents. According to the Ministry of Employment and Labor's report on industrial accidents, the rate of deaths caused by construction equipment among construction accidents has been increasing steadily since 2009. In the safety field of other industries such as crime and traffic, research has been continuously conducted to develop quantitative indicators due to demands for development of evaluation indicators or risk index development. On the other hand, construction equipment has been studied to analyze disaster cases and come up with improvement measures, but there is no research related to risk index. Therefore, the research will develop a quantitative index that can determine the risk level of construction equipment in the field based on the accident case and verify the possibility of use in the field.