• The Journal of the Korea Contents Association
• /
• v.16 no.3
• /
• pp.366-375
• /
• 2016

This study aims to investigate the impact of total, native-born, and foreign-born employment rates on the increases of GDP and per capita GDP for 24 OECD countries out of 34 countries depending on data availability. The panel data analysis is formed by a fixed-effects model which allows dummy variable in it to permit the intercept term to vary over time-series and cross-sectional units. Empirical evidences obtained by simple and multiple panel regressions reveal that the contribution to increasing of GDP by foreign-born employment is obviously lower than the one by native-born employment. And, native-born labor is substituted by foreign-born labor. It also has to be mentioned that the labor is playing a key role in increasing in national income. And, therefore, labor-related policy should be concerned on decreasing in labor productivity and segmentation of labor market resulted from inflow of foreign labor. It means that labor-related policy has to take care of not only the magnitude, but also the quality of foreign-born labor.

• Journal of Digital Convergence
• /
• v.17 no.5
• /
• pp.77-88
• /
• 2019

This study is empirically intended to look into the effects of basic income security on poverty elimination and life independence in income security policies. To achieve this, poverty elimination and life independence through the national pension and basic pension as old-age pension for basic income security and the unemployment benefit and livelihood benefit as employment insurance were determined as dependent variables. The 10th data from Korea Welfare Panel Study were used in the statistical package program to analyze these variables. The overall findings showed that the national pension and basic pension as part of the old-age pension had a positive effect on poverty elimination and life independence. The unemployment benefit and livelihood benefit of employment insurance were not significant and they were rejected. And poverty elimination had a significant effect on life independence and it was adopted. Consequently, the old-age pension is a pensionable income security policy given to all the elderly with lower income, which it is very useful for guaranteeing a basic income. Poverty elimination leads to life independence through the guarantee of a certain basic income, suggesting that they are closely related to each other.

• Journal of Wetlands Research
• /
• v.15 no.2
• /
• pp.159-164
• /
• 2013

The 4 major rivers restoration project (4RRP) requires the government to invest a lot of money. Regional economic effect is one of the main purposes of implementing the 4RRP. This paper attempts to measure the regional economic effects, focusing on regional employment-inducing effect and regional income-inducing effect. Regional employment-inducing effect is computed by excluding indirect effect and directly investigating the amount of employment. To this end, marginal propensity to consume, household consumption, household income should be derived. We used working day data and government expenditure multiplier to measure local employment creation and income generation. As a result, the project creates 46,628 employments from 2009 to 25 August 2011 and generates 25 trillion won regional income for three years.

• Journal of Agricultural Extension & Community Development
• /
• v.21 no.3
• /
• pp.155-179
• /
• 2014

Input-output(I-O) analysis is now widely used to examine the economic impact of tourism. The study aims to demonstrate the impact of agri-tourism development project on local development in terms of income and employment. Based on the I-O transactions tables developed by Bank of Korea (2011), rural tourism related sectoral multipliers were derived with respect to output, income, employment, and value-added tax. The results of the I-O model indicate that in 2011, rural tourism development generated 1,387 billion Won of output impact, 287 billion Won of income impact, 275 billion Won of value-added impact, and 41,127 full-time jobs, respectively throughout direct, indirect, and induced effects. In particular, the restaurant sector had relative higher output and employment multipliers as compared to other industries, whereas they had lower multipliers of income and value-added than any other industries. The findings imply that the restaurant sector was relatively labor-intensive industry, generating high impact of employment effects.

• Korean Journal of Social Welfare
• /
• v.64 no.2
• /
• pp.55-83
• /
• 2012

Self-employment rate is high in Korean labor market, while the income gap within self-employed is also high. Although, there are very few studies that addressed on the income inequality of self-employed. Thus, this study has measured the earnings inequality of self-employed by generalized entropy indices and decomposed inequality factor and trend. The empirical study is based on Korea Welfare Panel Study wave 1~4. The main result from this analysis is summarized in three points. Firstly, earnings inequality of self-employed is severely high and the earnings polarization within self-employed has become more serious in Korea. Secondly, this study provides the evidence that the main factor of earnings inequality of self-employed is the status of self-employment, education level, age group, workplace scale and industry. Thirdly, the contribution of relative changes in the incomes of the status of self-employment is the largest to the inequality trend. In terms of education level, age group and industry, the increase of inequality within group(pure effect) mainly attributes to the rise of earnings inequality of self-employed and the change effect of group composition contributes to deterioration of inequality.

• Journal of Korea Port Economic Association
• /
• v.37 no.1
• /
• pp.197-215
• /
• 2021

This paper analyzes the machine learning predictions of the economic effects of Busan's strategic industries on the employment and income using the Ridge Regression and Lasso Regression models with regulation terms. According to the Ridge estimation and Lasso estimation models of employment, the intelligence information service industry such as the service platform, contents, and smart finance industries and the global tourism industry such as MICE and specialized tourism are predicted to influence on the employment in order. However, the Ridge and Lasso regression model show that the future transportation machine industry does not significantly increase the employment and income since it is the primitive investment industry. The Ridge estimation models of the income show that the intelligence information service industry and global tourism industry are also predicted to influence on the income in order. According to the Lasso estimation models of income, four strategic industries such as the life care, smart maritime, the intelligence machine, and clean tech industry do not influence the income. Furthermore, the future transportation machine industry may influence the income negatively since it is the primitive investment industry. Thus, we have to select the appropriate economic objectives and priorities of industrial policies.

• Journal of Practical Agriculture & Fisheries Research
• /
• v.20 no.2
• /
• pp.13-29
• /
• 2018

Currently, rural labor markets are undergoing a structural change in which the proportion of non-agricultural industries is increasing, instead of decreasing the proportion of agriculture. The purpose of this study is to propose policy for job creation in rural areas through analyzing the employment situation in Rural Korea in the context of this structural change. Using the Census of Agriculture, Farm Household Economy Survey, we analyzed the increase of low income farmers and self-employed farmers. We analyzed the changes of non-farm employment in rural areas using the Census on Establishment. The main results of the study are as follows. First, farms' pathways are very diverse by the levels of income from their own farming and other gainful activities. It is necessary to implement policies that take into account the development pathways of farm household. Second, most of the farms are in low-income and self-employment status. In order to increase their incomes, it is necessary to increase non-farm income earning policy. The rural non-farm economy is becoming increasingly important in rural Korea. The growth of the non-farm economy will be crucially important when it comes to creating new jobs in rural areas in rural Korea. Third, it is necessary to provide systematic support for rural entrepreneurship as a core policy for expanding jobs beyond agriculture. Rural entrepreneurship has the potential to drive innovations that can reduce poverty and create employment. Fourth, there is a need for measures to increase jobs in the welfare field, which is growing fastest in recent years. In the welfare field, we can find vigorous collective actions in some rural communities such as community business, cooperative movement and various community development activities. Those activities will help increase the employment of aged farmers and low-income farm household.

• Journal of Labour Economics
• /
• v.31 no.2
• /
• pp.1-34
• /
• 2008

This study estimates what fraction of the rise in household income inequality in Korean between 1996 and 2000 is accounted for by the change in each of the household income components, such as wages, employment, hours of work of household heads and spouses, household structure, and other incomes. The increased disparities of household heads' wages and labor supply explain, respectively, 70% and 34% of the rise in the difference in incomes between the top 10% and bottom 10% households. Changing labor supply of spouses, in contrast, was a strong countervailing force that diminished the measure of household income inequality by 21%.

• Proceedings of the Korean Institute of Information and Commucation Sciences Conference
• /
• 2012.05a
• /
• pp.761-764
• /
• 2012

본 연구의 목적은 기존의 미디어 패러다임을 급격히 변화시키고 있는 IPTV 서비스를 대상으로 도입 3년 시점에서의 경제적 성과를 분석하는 한편, 향후 3년간 IPTV 서비스 도입에 따른 경제적 파급효과와 비교 분석하는 것이다. 비교대상이 되는 경제적 성과는 생산유발효과, 소득유발효과, 고용 유발효과를 포함한다. 우리는 이 분석을 통하여 IPTV 서비스가 과거 3년동안 어떤 산업에 어느 정도의 영향을 미쳤으며, 향후 어떤 산업에 큰 영향을 미칠지 전망할 수 있다.

• Korean Journal of Social Welfare Studies
• /
• v.44 no.3
• /
• pp.177-206
• /
• 2013

The Korean government has implemented the senior employment policy as a direct job creation policy since 2004. A realistic discussion of policy alternatives and orientation for this has been given little attention even though senior employment policy has been carried out for the last 10 years and it will be expanded next year. This study tries to examine active labor market policy especially focusing on direct job creation programs and policies for the disadvantaged low-income elderly in OECD countries, and then it suggests some developmental alternatives for senior employment policy based on the study's results. The main results from this analysis are summarized in two points. Firstly, except pension policies, employment policy for older workers in the OECD countries is highly proportional to the tackling of objective factors reducing the demand for older workers (wage subsidies, reduced social security contribution rate etc). And the strategies of improving employability have not been relatively important and direct job creation policy has been marginal. Secondly, employment support policies for the low-income elderly can be divided into three types: support for the low-income elderly, alleviating early retirement and support for full employment according to the criteria which are determined by policy objectives and the social economic index. Korea's employment support policies belong to the type of direct job creation among them. This seems to be due to the fact that the rate of elderly poverty is extremely high and an income security system has not been developed in Korea. However, the policy objective is still uncertain. Therefore, this policy needs to set up clear objectives and establish a proper system for the achievement of its goals. If we focus on the strength of its employment characteristics, we need to modify the policy's plan in the perspective of labor market policy. But if we intend to keep both of the current objectives, it is better for this policy to be divided into two parts: social participation and income supplements. Or it also may be a solution to transform the system into an employment service, a training system which supports participants to move into unsubsidized jobs such as SCSEP in the U. S.