• Title/Summary/Keyword: manufacturing sector

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Changing Patterns of Internal Migration of Korea and Population Movement into the Capital Region (한국의 인구이동 패턴변화와 수도권의 인구이동)

  • 최진호
    • Korea journal of population studies
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    • v.17 no.2
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    • pp.1-20
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    • 1994
  • The main purpose of this paper is to examine changes in internal migration patterns during 1960 - 1990 period, and to analyze population movement to and from the Capital Region. The overall mobility rate of the whole Korean population has heen increasing since the 1960s, and reached to 24.6% in 1985 - 90 period. The most interesting changes in the migration pattern is that Seoul lost its population through migration during 1985 - 90, mainly due to heavy outmigration to Kyonggi province. The analysis of characteristics of inmigrants to the Capital Region reveals that those moved to Seoul are more likely to be young, better educated, never married and engage in service sector in comparison with migrants moved to the suburban districts and the outlying Kyonggi province. However, on the whole migrants moved to the Capital Region are overrepresented in manufacturing sector, which suggests that more effective policy measures to control the growth of manufacturing sector in the Capital Region is called for.

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Analysis of Industry Growth and Employment Effect in the Korean Manufacturing Sector by Regions (제조업종의 지역별 산업성장 및 고용효과 분석)

  • Koo, Hoonyoung;Min, Daiki
    • Korean Management Science Review
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    • v.34 no.1
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    • pp.15-25
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    • 2017
  • We evaluated industry growth and employment effects of every possible pairs of 22 manufacturing sectors and 16 regions (i.e, 352 region-sectors). We used annual data of manufacturing sectors from 2008 to 2014 for the evaluation. The evaluation comprises of two steps; We first find several region-sectors that outperform others with respect to the effects of industry growth and employment, which are measured by location quotient analysis, shift share method, employment to GDP ratio and employment elasticity. In addition, cross-efficiency analysis follows to classify region-sector pairs into two sub-categories : efficient region-sectors that deserve to hold the current level of investments and inefficient region-sectors where we should consider efficiency improvements. To examine the efficiency, R&D investment, employment size, and capital investment were used as input factors and production volume, added value, changes in employment size, changes in annual salary per capita were used as output factors. For region-sector pairs that have outstanding growth and employment effects but are inefficient, we employed a CCR DEA model and analyzed how much to adjust the values of input and output factors to improve the efficiency scores. The analysis results showed that inefficiency is mainly due to several factors such as R&D investment, changes in employment size and changes in annual salary per capita.

The economic value of water in Korean manufacturing industry

  • Ku, Se-Ju;Yoo, Seung-Hoon
    • Proceedings of the Korea Water Resources Association Conference
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    • 2010.05a
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    • pp.447-451
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    • 2010
  • It is quite important for manufacturing firms to stably secure water, because industrial water is used for a variety of purposes as one of the important inputs in the production process. Despite the significance of industrial water use and the increase of industrial water demand, relatively little has studied regarding the industrial water use in Korea. This paper employs the marginal productivity approach in order to estimate the economic value of water in Korean manufacturing industry, and we use the information of 53,912 factories surveyed in 2003. The result of the likelihood ratio test shows that Trans-log is an appropriate model for estimating the data of this study. In Trans-log function model, the industry-wide output elasticity of water is 0.0104, and the marginal value is KRW 1,156 per ton. The estimated values differ across the sectors and these values range from the high value of about KRW 13,760 per ton in the transportation equipment sector to low values of KRW 428 per ton in the precision instrument sector. The research provides useful information to help policy-makers in developing and implementing more appropriate policies regarding the management and distribution of water resources by estimating the value of water resources by sector. In addition, Korean government enables the drafting of future water pricing scenarios based on the estimated value information.

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Which Node of Supply Chain Suffers Mostly to Disruption in the Pandemic?

  • NGUYEN, Tram Thi Bich
    • Journal of Distribution Science
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    • v.19 no.11
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    • pp.59-68
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    • 2021
  • Purpose: The Covid-19 pandemic has had excessively severe impacts on all the nodes and edges of any supply chain due to changes in consumer behaviours and lockdown restrictions from governments among countries. This article aims to provide a simulating experiment on how a supply chain deals with supply disruption risks by flexibility in the inventory level of each sector as a buffer considering the overall cost to fulfil demand in the market. Research design, data and methodology: Agent-based simulation techniques are used to determine the cost-efficiency and customer waiting time related to varying inventory levels of each member in the supply chain when using inventory buffers. Findings: This study has shown that any sudden changes in the inventory level of each sector are likely to impact the rest of the supply chain. Among all sectors, the wholesaler will be impacted more severely than others. Also, the manufacturing sector is the most suitable node to adjust inventory depending on its manufacturing ability. Conclusion: The findings of the study provide insightful implications for decision-makers to adjust inventory levels and policymakers to maintain manufacturing activities in the context of the pandemic restrictions to deal with the excessive demand and potential supply disruption risks.

Service Matters: Capital Misallocation and Sectoral Economic Growth

  • WOO JIN CHOI;WOO JIN ROH
    • KDI Journal of Economic Policy
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    • v.45 no.1
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    • pp.1-32
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    • 2023
  • Growth of the Korean economy has been sluggish, and this situation is more pronounced in the service sector. We argue that capital misallocation, especially in the service sector, could contribute to this slowdown. Utilizing firm and sectoral level data, first we assess the rising dispersion of the marginal revenue product of capital (MRPK) driven by the service sector. This could represent a widening misallocation of capital. Furthermore, a panel regression shows that within-sector misallocations at the sectoral level are closely correlated with the lower growth rate of sectoral real value added. Again, this is mainly observed in the service sector, but not in the manufacturing sector. Misallocations of other resources, labor and the intermediate inputs do not stand out.

A Study on the Efficiency of Total Quality Management Activities in Service Sector (한국 서비스기업의 TQM 활동 효율성에 관한 연구)

  • Yoo Hanjoo
    • Journal of Korean Society for Quality Management
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    • v.32 no.4
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    • pp.92-102
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    • 2004
  • In this era of intense competition, TQM has become the key program in organizations as they strive for a competitive advantage. It has been applied to manufacturing and service sector since BNQA model was established in 1987. TQM literature for manufacturing sector abounds with empirical studies on the critical dimensions of TQM, but there is few empirical studies on the TQM evaluation for service sector. In this paper, two methodologies are applied to evaluate the TQM activities of service companies comparatively One of them is the traditional scoring system(TSS) by analytic hierarchy process(AHP). The other is the efficiency measuring system(EMS) by data envelopment analysis(DEA). DEA outperformed other alternative methods to measure the efficiency and it can be applied to evaluate the TQM activities. The objective of this paper is to evaluate TQM activities of domestic service companies by applying TAE(Total quality management Activities Evaluation) model to them. The result of this study is that TSS scores are not significantly correlated with EMS scores. It means that service organizations must not only make efforts to get the higher scores in terms of TSS but also take necessary steps to enhance their efficiencies.

An experimental study on the Vortex nozzle for generating micro-bubble by air self-suction (공기의 자가흡입에 의해 마이크로버블을 발생시키는 보텍스 노즐에 대한 실험적 연구)

  • Kwak, Gu Tae;Park, Sang Hee;Kim, Chang Su;U, Sang Yul
    • Journal of the Korean Society of Manufacturing Process Engineers
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    • v.14 no.1
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    • pp.98-104
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    • 2015
  • This experiment was a study of a Vortex nozzle designed to produce micro-bubbles due To investigate air self-suction and the generation of micro-bubble by the Vortex nozzle, the dimensions of air intake region, the nozzle shape, and the nozzle exit diameter ($d_n=5,7,9.2,12.3mm$)werevaried. The air self-suction rate was ~1,000 to 2,000 cc/min at the orifice nozzle (7 mm), and ~100 and ~22 cc/min at the sector nozzles (9.2 and 12.3 mm, respectively). The most bubbles were detected in the orifice nozzle, but bubbles less than $50{\mu}m$ were found in the 12.3-mm sector nozzle. The dissolved oxygen in the tank water was much greater in Case 2 than in Case 1, at both the orifice and sector nozzles. Moreover, the reduction rate of dissolved oxygen was found to be less at the sector nozzles, than at the orifice nozzle.

Analysis of Causal Relationship between Energy Consumption, Production and Export in Domestic Manufacturing Sector (국내 제조업부문의 에너지소비, 생산, 수출간의 인과관계 분석)

  • Kim, Suyi
    • Environmental and Resource Economics Review
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    • v.26 no.1
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    • pp.37-56
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    • 2017
  • This study analyzed the mutual causal relationship between energy consumption, production, and export for manufacturing industry in Korea. The Korean manufacturing industry was divided into nine industries and panel data was constructed from 1991 to 2013. The panel Granger causality test method developed by Demitrescu and Hurlin (2012) was used along with the Vector Error Correction Model. This analysis showed that there was Granger Causality from production to energy consumption, from exports to energy consumption. However, Granger Causality was not established in the opposite direction. Therefore, this result supports the conservation hypothesis of Qzturk (2010) that energy-saving policies in the manufacturing sector can be implemented without adverse effects on production or exports in short-run. There is a long-run cointegrating relationship between production, energy consumption, exports, labor, and capital in the Korean manufacturing sector. Furthermore, the energy consumption contributes to the increasing of production in long-run equilibrium relationship.

A Study on the A, pp.icability of TQM to Health Care Sector (의료부문에의 TQM 적용가능성에 관한 연구)

  • 유한주
    • Journal of Korean Society for Quality Management
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    • v.25 no.4
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    • pp.16-26
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    • 1997
  • Total quality management (TQM) is regarded as a tool for improving the competitiveness not only for a manufacturing sector, but also for overall national economy. Especially, TQM is recently implemented in public sector such as goverrment, education, and health care. In this paper, the a, pp.icability of TQM to health care sector is examined. For this study, the movements of TQM implementation in health care sector in developed countries such as United States and Japan are reviewed through literature study. As the result of this study, the TQM model in health care is suggested and the characteristics of the model are explained, and finally several steps to implement TQM in health care are summarized.

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The Analysis of Economic Impact for Fourth Industrial Revolution Industry using Demand-driven Model (수요유도형 모형을 이용한 4차 산업혁명 산업의 경제적 파급효과 분석)

  • Jeong, Eun-Hee
    • The Journal of Korea Institute of Information, Electronics, and Communication Technology
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    • v.14 no.1
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    • pp.70-77
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    • 2021
  • This paper was reclassified industries related to the 4th industrial revolution into manufacturing, information and communication services, finance and insurance services, and science and technology services by comparing the industry association table with the Korean standard industry classification. And the economic ripple effect was analyzed by exogenizing the four sectors of the industry using a demand-driven model. The wholesale and retail and product brokerage services were measured to be large in the manufacturing, information communication services, and science technology service sector according as a result of analysis of the production inducement effect, added value inducement effect, and employment inducement effect. And the financial and insurance services were analyzed to be large in the financial and insurance services sector. The import inducement effect was analyzed to be the largest in all sectors of the fourth industry. As a result of the forward and backward linkage effect, it was confirmed that the manufacturing and the information communication services sector were the intermediate primary production type sensitive to economic fluctuations. Also it was confirmed that the financial and insurance services and the science technology services sector were the final primary production type.