• Title/Summary/Keyword: labor productivity

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A Study of Structural Changes in the Seoul Metropolitan Area's Economy Since the 1990's : A Decomposition Analysis of Labor Productivity (1990년대 이후 수도권 경제의 구조적 변화에 관한 연구 : 노동생산성의 요소분해를 중심으로)

  • Jeong, Jun-Ho
    • Journal of the Korean association of regional geographers
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    • v.11 no.1
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    • pp.83-100
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    • 2005
  • The Seoul Metropolitan Area's economy has undergone structural changes since the 1990s. With recent structural changes in the Korean economy in mind, this paper employs a decomposition analysis of Gross Regional Domestic Product per head and labor productivity to examine how the region's economic performance has changed relative to that of Korea since the 1900s. There are some findings. First, a strong cumulative causation process, derived from industrial linkages and agglomeration effects, has oocurred in the Seoul Metropolitan Area, widening economic disparities between the Seoul Metropolitan Area and the other regions especially since the Korean financial crisis in 1997 mainly due to Gyeonggi province's overwhelming cumulative GRDP growth relative to the national average. Second, the Seoul Metropolitan Area has begun w display good economic performance in terms of labour productivity relative w the national average since the late 1990s, with the region's industrial upgrading being implemented. Finally, manufacturing, financial intermediation and communications have made sensitive contributions to relative Seoul Metropolitan Area's labor productivity growth.

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A CASE STUDY ON IMPROVEMENT OF SERVICE PRODUCTIVITY IN THEME PARK INDUSTRY (테마파크 산업분야의 서비스 생산성 향상 방안 사례 연구)

  • Park, Sung-Hoon;Kim, Hyun-Soo
    • 한국IT서비스학회:학술대회논문집
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    • 2007.11a
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    • pp.691-696
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    • 2007
  • The structure of industry has changed from manufacturing economy to service industry economy. Especially when it comes to the standard of the countries with OECD membership, the ratio of the service industry regarding the total industry as well as the total working labor has been reaching to 70%. Considering these facts in mind, the productivity of service industry has become crucial day by day. Under this situation, this study aims to help seeking the solution to enhance the productivity by comparing and analyzing the productivity level of theme park industry in Korea with that of an advanced country. The service productivity of two companies that represent tour and leisure industry in Korea and Japan are compared and analyzed, and through this it suggests ways to improve service productivity of theme park industry in Korea.

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Work Measurement through Application of Work Sampling in Hospital Dietary Departments Classified by the Productivity Level (급식생산성 유형별 병원 영양과의 워크샘플링 (Work Sampling)을 적용한 작업분석)

  • 양일선
    • Journal of Nutrition and Health
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    • v.26 no.4
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    • pp.443-454
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    • 1993
  • The purposes of this study were to analyze the work patterns of selected hospital foodservices by Work Sampling methodology, and to investigate the relationship among operational factors affecting productivity. The hospitals were classified into 3 groups by the percentage of patient meals, and the percentage of special patient diet, and the menu items of patients meals. The groups clustered were characterized by productivity. Work Sampling methodology was utilized to analyze the work patterns of hospitals with selected 3 hospitals to investigate the productivity the productivity and labor times used in each work functions. Productivity index analyzed by Work Sampling were 10.36 min/meal, 10.95 min/meal, and 12.19 min/meal, respectively X, Y, Z hospital. Z hospital was significantly different from time used in direct work function and delay. Direct work function time was the highest, delay the lowest in Z hospital. The relation between the results of Work Sampling and the productivities of 3 groups showed not by delay but direct work function in the classification used in this study.

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Analysis on Research Trend of Productivity Using Text Mining - Focusing on KSCE Journal - (텍스트 마이닝을 통한 건설 생산성 분야의 연구동향 분석 - KSCE 저널을 중심으로 -)

  • Gu, Bongil;Huh, Youngki
    • Korean Journal of Construction Engineering and Management
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    • v.21 no.2
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    • pp.15-21
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    • 2020
  • The relationship between keywords, found in all productivity related papers published in the KSCE journal for last 15 years, were analyzed in order to reveal a research trend in the area using text mining and A-Priori algorithm. As the results, it is found that the word of 'productivity' is most closely related to the words of 'work' and 'labor'. Futhermore, the word is somewhat related to those of 'factor', 'model', simulation', and 'work time'. It is also revealed that, on the other hand, the words of 'machine' and 'equipment' have little relationships with the keyword. This research will be a great help for academia to understand a research trend in the area of construction productivity.

The Effects of Profit-Sharing Schemes on Productivity through Firm's Contribution to the Employee Welfare Fund (사내근로복지기금제도를 통한 이윤공유참여의 생산성효과)

  • Cin, Beom Cheol
    • Journal of Labour Economics
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    • v.26 no.3
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    • pp.115-147
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    • 2003
  • This paper scrutinizes the robustness of the profit-sharing findings first employing an original panel data on the Employee Welfare Fund over the period from 1992 to 2000. In examining the effects of profit-sharing schemes on labor productivity, it controls for simultaneity among profit-sharing, production factors, and productivity using both the two-stage least squares procedure and the lagged variable method. The empirical results show that an increase in firm's contribution to the Employee Welfare Fund is associated with capital-embodied and disembodied productivity enhancement, which is both statistically and economically highly significant. The empirical results are in contrast with predictions of both agency and transaction cost theories, and they imply that more tax benefits and financial incentives for expansion of the Employee Welfare Fund should be required to get productivity gains.

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An Empirical Analysis on Market Power and Productivity in the Korean Medical Service Industry (한국 의료서비스산업의 시장지배력과 생산성에 관한 실증분석)

  • Park, Sehoon;Kang, Joo Hoon;Jung, Yong-Sik
    • Journal of Korea Society of Industrial Information Systems
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    • v.19 no.2
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    • pp.93-103
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    • 2014
  • This paper establishes the empirical model based on Hall's(1990) and Basu' s(1996) models, estimates the five types of productivity in the medical service industry over the period 1975:1-2010:4, and analyzes the cyclicality of measured productivities and their correlations with the industrial real wage. The empirical results are summarized as the followings. First, there proved to be substantial market power in pricing and returns to scale in production for the medical service industry. Second, the three types of productivity among 5 types showed to be procyclical. Third, the average labor productivity, the original Solow residual, and the cost-based Solow residual are expected to provide reasonable indexes in analyzing the relationship between productivity and real wage.

Empirical Analysis on the Estimation of Total Factor Productivity and its Determinants in the Korean Manufacturing and Service Industries (한국의 총요소생산성 추정과 생산성 결정요인에 관한 실증연구)

  • Zhu, Yan Hua
    • International Area Studies Review
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    • v.22 no.4
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    • pp.19-35
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    • 2018
  • This paper is to estimate the total factor productivity(TFP) in the Korean manufacturing and service industries during the period 1975:1-2016:4 using the stochastic frontier analysis model. In order to analyze the determinants for the total factor productivity the paper estimates the industry-specific determinant elasticities of TFP using the autoregressive distributed model. The industry-specific determinants, which reflect the industrial structure and properties include markup, the ratio of capital to labor(KL), and the ratio of foreign intermediate goods (FIG) to industrial output. The average value for total factor productivity growth was estimated to be 0.0199 in manufacturing and 0.0063 in the service industry. The markup and KL elasticities of TFP were estimated to be 2.481 and 0.651 in manufacturing respectively and -1.403 and 0.042 in the service industry respectively. The empirical results suggest that the industrial markup and the ratio of capital to labor have had decisive effects on the changes in the total factor productivity in the Korean manufacturing and service industries during the period 1975:1-2016:4.

The Mediating Effect of Profitability and Activity on the Relationship between Productivity and Stock Return (생산성과 주가수익률의 관계에서 수익성과 활동성의 매개효과)

  • Ji, Chang-Soo;Oh, Sang-Hoon;Lee, Sang-Ryul
    • Asia-Pacific Journal of Business
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    • v.11 no.2
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    • pp.189-206
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    • 2020
  • Purpose - The purpose of this study is to clarify the mediating effect of profitability and activity in the relationship between productivity and stock return, assuming that the productivity of the company will affect share prices with the parameters of profitability and activity. Design/methodology/approach - The study extracted productivity indicators, profitability indicators, activity indicators, and share price-related indicators from 1999 to 2018 of non-financial enterprises listed on the securities market, and then classified them into three factors: productivity (labor productivity LP, capital productivity CP), activity (TT), and profitability (net profit rate NI, operating profit ratio OI) through the factor analysis method, and analyzed the impact of each factor on the stock return through steps 1 to 3. Findings - The regression analysis shows that productivity has a significant positive effect on the stock return through the full mediating effect of profitability and activity. Research implications or Originality - In a situation where the relationship between productivity and profitability is not clear, this study is meaningful in that it has empirically analyzed that productivity has a positive effect on the stock return by mediating effects of profitability and activity.

Study on Gender Pay Gap of Scienceand Engineering Labor Force (과학기술인력의 성별 임금격차에 관한 연구)

  • Shim, Jung-Min;Park, Jin-Woo;Cho, Keun-Tae
    • Journal of Technology Innovation
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    • v.22 no.1
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    • pp.89-117
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    • 2014
  • Employing female in the field of science and engineering is becoming increasingly important with diversity and creativity emerging as key factors to build Creative Economy. Under these circumstances, it is necessary to recognize and discourage gender discrimination in the labor market by analyzing wages - the market value of labor which determines one's economic status. This study uses the Oaxaca-Ransom decomposition (1994) to analyze the gender wage gap and identify factors influencing the pay gap in science and engineering labor force. The results of this study are as follows: First, the average wage of female scientists and engineers reaches only 65% of that of male labor force, and the male scientist and engineers are superior in terms of personal attributes, for instance, education background. Second, looking at the factors that influence wages, wage premiums are associated with higher education background, older age, longer period of service, and weekly working hours for both male and female in managerial positions. Third, the wage decomposition shows that in the case of science and engineering labor force, the productivity difference by personal attributes reaches about 58%, and gender discrimination by the characteristics of the labor market stands at about 41%. This means the wage gap by productivity level in science and engineering labor force is wider, and the gender gap is smaller compared to non-science and engineering fields. However, the results of an analysis on specialties and education background of male and female scientists and engineers suggest that the discrimination against women is more serious when the percentage of the female labor force is low and the percentage of temporary workers in the labor market is high. In order to eliminate this discrimination, it is necessary to reduce the imbalance of female scientists and engineers in the labor market, among others, while female scientists and engineers, themselves, need to make continuous efforts to strengthen their capabilities.

Analysis on Work and Labor Productivity in Elementary School Foodservice Systems (초등학교 급식의 작업분석과 생산성에 관한 연구)

  • Jeong, Mi-Kyoung;Lee, Min-A;Kim, In-Ho;Kim, Eun-Mi
    • Korean journal of food and cookery science
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    • v.22 no.6 s.96
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    • pp.875-881
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    • 2006
  • This study was carried out to investigate work analysis and productivity of school foodservice systems through Questionnaire. The subjects Participated in this survey were 342 cook who engaged in school foodservice. The results were as follows : Average number of meal produced by a cook was 114 meals and 85 meals in conventional and commissary foodservice, respectively. Average lead time per meal were 7.65 and 9.37 minutes in conventional and commissary foodservice. It was no significant in average lead time per meal before noon were 2.86 and 3.35 minutes, as working time before dining and total working time of commissary foodservice required more time than conventional foodservice in conventional and commissary foodservice.