• Journal of Labour Economics
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• v.32 no.2
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• pp.95-124
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• 2009

In this article, I were trying to analyze the listed manufacturing companies' trend of productivity and the corporate education & training effect after the financial crisis. According to the analysis, the listed manufacturing companies have decreased their productivity since financial crisis, and from such declining trend. jobless growth and a growth without physical and human capital investment has been observed. Furthermore, there is no efficient labor force coordination within the manufacturing industry; In order to analyze the effect of education & training investment on productivity more deeply, I have practiced the dynamic panel data analysis from constructing the micro panel data which consists of company level information 1997~2008. According to the consequences, dynamic panel data analysis solved the problem of the overestimating education & training effect fairly well.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2007.11a
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• pp.115-118
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• 2007

A tall building construction is needed to reduce the construction duration for project profitability. Reducing the cycle time of typical floor in the structural frame work which have the largest duration in the whole construction, greatly affects construction duration. Nowadays, some projects are accomplished in the 3 day cycle. In order to accomplish efficiently 3 day cycle, productivity information of similar projects is supported. Therefore, this study proposed labor productivity and application by slab formwork to construct by the 3 day cycle. In order to perform an analysis, we selected 3 cases and analyzed the labor productivity on the basis of the amount of slab forms, labors, and durations. Then, we performed the questionnaire to analyze the application by formwork of tall building construction engineers. This study will contribute to establish a reasonable scheduling in structural frame work of a new similar project.

• Korean Journal of Construction Engineering and Management
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• v.13 no.1
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• pp.44-52
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• 2012

In the cost management of public construction projects, it is an important issue to develop an adequate cost data for estimating the predetermined amount by various methods. For a long time, a standard of estimation in korea is used as a basis for estimating the predetermined amount of public construction. However, they did not have a reasonable cost data based on a labor and equipment productivity analysis. For this reason, it is difficult to make a reasonable and efficient estimation of the costs, and this situation presents an urgent need for more accurate cost data to use in an early phase. This study analyzed the productivity of form work by the CYCLONE model, and presented the model on the number of optimal labor through sensitivity analysis. This CYCLONE model can be useful in analyzing productivity on the various sizes of form. Also, the regression model to estimate the daily output can be used in predicting the amount of labor. Considering the work duration in the regression model is expected to make the daily output estimation much more accurate.

• International Journal of Advanced Culture Technology
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• v.9 no.1
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• pp.177-182
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• 2021

The fourth industrial revolution based on information and communication technology (ICT) becomes the center of society, and the overall industrial structure is also changing significantly. ICT refers to the hardware of information devices and the software technologies required for the operation and information management of these devices, and any means of collecting, producing, processing, preserving, communicating and utilizing them. ICT is integrated into industries and services or combined with new technologies in various fields such as robotics and nanotechnology to connect all products and services to the network. The development of ICT, which continuously creates new products and services, has spread to all sectors of the industry, affecting not only daily life but also the livestock sector recently. In agriculture, ICT technology can reduce production costs by efficiently managing labor and energy because it can improve quality and yield based on data on environmental and growth information such as temperature, humidity, light and soil. In particular, smart livestock is considered suitable for achieving livestock management goals because it can reduce labor force and improve productivity by remotely and automatically managing accurate information necessary for raising and breeding livestock with ICT devices. The purpose of this study is to propose the need for ICT technology by comparing farm productivity before and after ICT is introduced. The method of the study is to compare the productivity before and after the introduction of ICT in Korean beef farms, pig farms, and poultry farms. The effectiveness of the study proved the excellence of ICT technology through the production results before ICT introduction and the productivity improvement case of livestock farms that efficiently operated manpower management and reduced labor force after ICT introduction. The conclusion of this paper is to present the need for smart livestock through ICT adoption through case study results.

• International Area Studies Review
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• v.17 no.4
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• pp.89-106
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• 2013

In this paper, we analysed the absolute and conditional convergency hypothesis and the determinants of productivity in manufacturing industries from 2000 to 2009 with 16 provinces and metro-cities by using panel analysis. In terms of convergency hypothesis test, the results show that both of the convergency hypothesis, the absolute vs. conditional hypothesis, reject the null hypothesis(H0) implying the labor productivity of the 16 province and metro-cities converged to the steady state equilibrium. Also, the speed of the absolute and conditional convergency for the 16 province and metro-cities are average 4.4% and 0.73% respectively. In addition, the results of the determinants of the labor productivity in manufacturing industry show that human capital and manufacturing location coefficient affect to the value- added per capita significantly, but government expenditure per capita doesn't affect to the value- added per capita. As for the total factor productivity, government expenditure per capita and fixed capital per capita are important factors, but research and development doesn't. Hence the government has to revise the balanced regional development policy to develop regional manufacturing industries for the vulnerable regions. Also, it requires more study regarding income disparities and productivity.

• Proceedings of the Korean Institute of Building Construction Conference
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• 2016.05a
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• pp.72-73
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• 2016

Working Posture is an important factor directly connected with quality and productivity of the construction project. In particular, High-rise building construction is required to manage the working posture due to the repetitive task and unfavorable working condition such as high place work, limited space. However existing construction planning of high-rise building construction has a negative effect on the labor's productivity because it is not insufficiently considered for working posture. Therefore the purpose of this study is to suggest a work that needs improvement by analyzing labor's working posture quantitatively using OWAS method. These results would provide the basic information to improve the productivity of the construction project by supporting the construction plan considering the working posture in high-rise building.

• Journal of Labour Economics
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• v.30 no.2
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• pp.33-60
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• 2007

This study analyzes the trend of the gender wage gap and its sources in the Korean labor market for the years 1985-2004. Following Oaxaca and Ransom (1994), the gender wage gap is composed of the productivity-related gap and non-productivity-related gap (unobserved productivity gap and discrimination). Empirical findings indicate that both the productivity-related gap and non-productivity-related gap have dwindled, while the decline of the former far excelled that of the latter. The non-productivity-related gender wage gap is much larger for married women than for single women, possibly implying a lower unobserved productivity of married women because of their childcare responsibilities. The non-productivity-related gap is also very substantial in the male-dominated occupations as compared to the female=dominated occupations, supporting the existence of network externalities in employment.

• The Journal of Asian Finance, Economics and Business
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• v.7 no.12
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• pp.853-861
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• 2020

The study aims to measure the productivity of the Saudi banking sector at the retail level using secondary data for 11 local banks from the period 2015-2019. The study uses an extended version of the Cobb-Douglas production function to account for the fact that as banks openup more retail branches, they will need to employ more labor. The extended Cobb-Douglas production function was estimated using the two-way fixed effect model to account for unobserved heterogeneity across Saudi banks resulting from differences in labor competencies and leadership style. Besides, the model accounts for unobserved heterogeneity among Saudi banks due to the advancement in electronic services over time. The results showed that labor, branches, customers' deposits, and fixed deposits have a positive effect on the total value of generated loans. Conversely, ATM has an insignificant effect on generated loans. The average scale elasticity shows that the Saudi banks at the retail level are operating under decreasing returns to scale. The average marginal rate of technical substitution shows that Saudi banks need at least one ATM to replace one unit of labor at the retail level while keeping the same level of output.

• Spatial Information Research
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• v.9 no.2
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• pp.341-352
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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 determined by GIS Network analysis 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 0.967~0.780 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.

• Asia pacific journal of information systems
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• v.20 no.3
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• pp.115-137
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• 2010

Information technology (IT) outsourcing, the use of a third-party vendor to provide IT services, started in the late 1980s and early 1990s in Korea, and has increased rapidly since 2000. Recently, firms have increased their efforts to capture greater value from IT outsourcing. To date, there have been a large number of studies on IT outsourcing. Most prior studies on IT outsourcing have focused on outsourcing practices and decisions, and little attention has been paid to objectively measuring the value of IT outsourcing. In addition, studies that examined the performance of IT outsourcing have mainly relied on anecdotal evidence or practitioners' perceptions. Our study examines the contribution of IT outsourcing to economic growth in Korean industries over the 1990 to 2007 period, using a production function framework and a panel data set for 54 industries constructed from input-output tables, fixed-capital formation tables, and employment tables. Based on the framework and estimation procedures that Han, Kauffman and Nault (2010) used to examine the economic impact of IT outsourcing in U.S. industries, we evaluate the impact of IT outsourcing on output and productivity in Korean industries. Because IT outsourcing started to grow at a significantly more rapid pace in 2000, we compare the impact of IT outsourcing in pre- and post-2000 periods. Our industry-level panel data cover a large proportion of Korean economy-54 out of 58 Korean industries. This allows us greater opportunity to assess the impacts of IT outsourcing on objective performance measures, such as output and productivity. Using IT outsourcing and IT capital as our primary independent variables, we employ an extended Cobb-Douglas production function in which both variables are treated as factor inputs. We also derive and estimate a labor productivity equation to assess the impact of our IT variables on labor productivity. We use data from seven years (1990, 1993, 2000, 2003, 2005, 2006, and 2007) for which both input-output tables and fixed-capital formation tables are available. Combining the input-output tables and fixed-capital formation tables resulted in 54 industries. IT outsourcing is measured as the value of computer-related services purchased by each industry in a given year. All the variables have been converted to 2000 Korean Won using GDP deflators. To calculate labor hours, we use the average work hours for each sector provided by the OECD. To effectively control for heteroskedasticity and autocorrelation present in our dataset, we use the feasible generalized least squares (FGLS) procedures. Because the AR1 process may be industry-specific (i.e., panel-specific), we consider both common AR1 and panel-specific AR1 (PSAR1) processes in our estimations. We also include year dummies to control for year-specific effects common across industries, and sector dummies (as defined in the GDP deflator) to control for time-invariant sector-specific effects. Based on the full sample of 378 observations, we find that a 1% increase in IT outsourcing is associated with a 0.012~0.014% increase in gross output and a 1% increase in IT capital is associated with a 0.024~0.027% increase in gross output. To compare the contribution of IT outsourcing relative to that of IT capital, we examined gross marginal product (GMP). The average GMP of IT outsourcing was 6.423, which is substantially greater than that of IT capital at 2.093. This indicates that on average if an industry invests KRW 1 millon, it can increase its output by KRW 6.4 million. In terms of the contribution to labor productivity, we find that a 1% increase in IT outsourcing is associated with a 0.009~0.01% increase in labor productivity while a 1% increase in IT capital is associated with a 0.024~0.025% increase in labor productivity. Overall, our results indicate that IT outsourcing has made positive and economically meaningful contributions to output and productivity in Korean industries over the 1990 to 2007 period. The average GMP of IT outsourcing we report about Korean industries is 1.44 times greater than that in U.S. industries reported in Han et al. (2010). Further, we find that the contribution of IT outsourcing has been significantly greater in the 2000~2007 period during which the growth of IT outsourcing accelerated. Our study provides implication for policymakers and managers. First, our results suggest that Korean industries can capture further benefits by increasing investments in IT outsourcing. Second, our analyses and results provide a basis for managers to assess the impact of investments in IT outsourcing and IT capital in an objective and quantitative manner. Building on our study, future research should examine the impact of IT outsourcing at a more detailed industry level and the firm level.