• Title/Summary/Keyword: Labor Intensive

Search Result 496, Processing Time 0.032 seconds

Who Will Fill China's Shoes? The Global Evolution of Labor-Intensive Manufacturing

  • Hanson, Gordon
    • East Asian Economic Review
    • /
    • v.24 no.4
    • /
    • pp.313-336
    • /
    • 2020
  • In this paper, I review evidence on changing global specialization in labor-intensive exporting. Production of apparel, footwear, furniture, and related products are how many low-income countries first enter export manufacturing. Just as China's rise as a powerhouse in these goods supplanted a role previously occupied by the East Asian Tigers, the world may again be on the cusp of significant change in where labor-intensive goods are produced. China's prowess in these sectors peaked in the early 2010s; its share in their global exports, while still substantial, is now in decline. Mechanisms through which the global economy may adjust to China's graduation into more technologically sophisticated activities include expanded labor-intensive export production in other emerging economies and labor-saving technological change in products currently heavily reliant on less-educated labor. Available evidence suggests that the first mechanism is operating slowly and the second hardly at all. As a third mechanism, China may in part replace itself by moving labor-heavy factories out of densely populated and expensive coastal cities and into the country's interior. Such a transition, though still in its infancy, would mirror the decentralization of manufacturing production in the U.S. and Europe, which occurred after World War II.

Quantitative examination of the Korean Textile Complex (통계자료에 의한 섬유산업의 이해)

  • Ye, Hae-Kyung
    • Journal of Fashion Business
    • /
    • v.1 no.1
    • /
    • pp.43-52
    • /
    • 1997
  • The main purpose of this study was to examine the sectors of Korean textile complex based on various economic characteristics and performances. The sectors in the textile complex differed in many aspects. Man-made fiber industry showed capital-intensive characteristics even though most of the sectors in the textile complex were labor-intensive. Textile industry is composed of weaving and spinning, knitting, dyeing and finishing sectors and even within the textile industry, each sector had different characteristics from each others. Weaving and spinning sector seemed to require relatively high capital investment, while dyeing and finishing was very labor-intensive. Labor-intensive apparel industry has faced decrease in labor-productivity while wage has increased. Slow growth in labor productivity in Korean textile complex was shown to be a more problem than increase in wage or ratio of labor cost to value added. Apparel companies appeared to be in better financial states than the textile companies, even though the exports of apparel products have decreased in the 1990s. However, in overall the financial states of the Korean textile complex were not as strong as those of the other manufacturing sectors.

  • PDF

Resource-Based Relative Value for Estimation of Nursing Behavior in Neonatal Intensive Care Units (신생아집중치료실 간호수가 산정을 위한 간호행위별 상대가치 산정)

  • Moon, Sun-Young
    • Child Health Nursing Research
    • /
    • v.12 no.1
    • /
    • pp.15-24
    • /
    • 2006
  • Purpose: This study was done to define nursing behavior in neonatal intensive care units so as to estimate resource-based relative value-. Method: Participating in this study were 292 nurses in neonatal intensive care units. The study surveyed physical and mental labor, stress and time involved in nursing work. Tool used in this study was a nursing labor per relative value tool. For analyzes, the relative value of each nursing behavior was calculated, where the mean value of the three components, labor intensity and component-by-component explanatory power were in percentage terms. Results: 1. Nursing behaviors in neonatal intensive care unit were classified and defined at three levels: 5 main domains, 17 mid-domains, and 42 small domains. 2. The per component explanatory power of intensity involved in nursing labor showed physical effort to be 32.45%, mental 32.86%, and stress 34.69%. 3. The reliability of nursing labor factors was very strong, Cronbach's alpha value of 0.96. Conclusion: In this research, which is a first in defining nursing behavior in neonatal intensive care units, individual nursing behavior were broken down using resource-based relative value for nursing cost, and each nursing behavior was successfully translated to a numerical value.

  • PDF

The Characteristics and Impacts of the Relocating of Production Facilities to Abroad: A Case of Korea (생산시설 해외이전의 유형별 특성 및 효과분석)

  • 양희승;임채윤
    • Journal of Technology Innovation
    • /
    • v.6 no.2
    • /
    • pp.54-79
    • /
    • 1998
  • Entering the 1990s, Korean economies experienced the high-cost and low-efficiency situation which evetually caused many Korean firms led to relocate their production facilities to lower labor cost countries. This paper aims to draw out the characteristics of FDI and to evaluate the impacts of FDI in manufacturing sectors. Firstly, we try to categorize the indutries into three groups, labor intensive, capital intensive, and the technology intensive industries figuring out the characteristics of FDI of Korean firms. Secondly, we compare the three categories by grouping high and low foreign investment areas using value added data. Thirdly, we analyse the impacts of foreign production relocation the number of firms, production volume and jobs creation in Korea during the period 1991-1996. This paper concludes that the FDI of Korean firms concentrates to labor intensive industry and the hollowing effect caused by FDI was observed partially in the labor intensive industry.

  • PDF

Estimating Labor Supply Elasticity in Korea (노동공급 탄력성 추정)

  • Moon, Weh-Sol;Song, SungJu
    • Journal of Labour Economics
    • /
    • v.39 no.2
    • /
    • pp.35-51
    • /
    • 2016
  • Using the Korea Labor and Income Panel Study (KLIPS) from 2000 to 2008, we estimate the Frisch elasticity of labor supply. Our point estimates of the intensive margin elasticity are around 0.23. The estimates are not sensitive to changes in household income and assets as well as changes in workweek regulation during the sample period that workers shall work for 5 days per week from Monday to Friday. We also estimate the extensive margin elasticity by considering labor market participation. We find that the point estimates at the extensive margin are greater than those at the intensive margin, but not statistically significant.

  • PDF

The Asymmetric Impacts of Human Capital Accumulation through Trade on Economic Growth in the Manufacturing Sector of Korea (한국 제조업의 무역을 통한 인적자본축적이 경제성장에 미친 비대칭적 영향 분석)

  • Choi, Bong-Ho
    • Korea Trade Review
    • /
    • v.44 no.1
    • /
    • pp.1-15
    • /
    • 2019
  • This study aims to analyze the effects of trade on human capital accumulation and economic growth in Korean manufacturing industry. The results of empirical analysis by dynamic panel model are as follows. The increase in exports of skilled labor intensive industries has a positive effect on human capital and economic growth, and the impact of import on human capital accumulation and economic growth has alst a positive impact. The exports of unskilled intensive labor industries have a negative impact on human capital accumulation and economic growth. Imports of unskilled labor intensive industries have negative on human capital accumulation and economic growth. It is difficult to derive statistically significant results for the effects of trade on human capital accumulation and economic growth before and after 2008. However, as a result of the financial crisis in 2008, it seems that the effects have decreased since 2008.

Resilience as a Moderator and Mediator of the Relationship between and Emotional Labor and Job Satisfaction among Nurses working in ICUs (중환자실 간호사의 감정노동과 직무만족도 관계에서 회복탄력성의 조절 및 매개효과)

  • Byeon, Mi Lim;Lee, Yun Mi;Park, Hyo jin
    • Journal of Korean Critical Care Nursing
    • /
    • v.12 no.3
    • /
    • pp.24-34
    • /
    • 2019
  • Purpose : The purpose of this study was to identify the moderating and mediating effects of resilience in the relationship between emotional labor and job satisfaction among nurses working in intensive care units (ICUs). Method : The participants were 144 ICU nurses from three university hospitals. Data were collected using structured questionnaires and analyzed by t-test, ANOVA, $Scheff{\acute{e}}$ test, Pearson correlation coefficients, and multiple regression analysis, using SPSS 25.0. The mediating effect of resilience in the relationship between emotional labor and job satisfaction was analyzed by multiple regression analysis according to Baron and Kenny's procedure. Results : Statistically significant negative correlations were found between emotional labor and resilience (r=-.21, p<.014) and between emotional labor and job satisfaction (r=-.34, p<.001). A significant positive correlation was found between resilience and job satisfaction (r=.31 p<.001). A partial mediating effect by resilience was found between emotional labor and job satisfaction (Z=-2.11, p=.034), but no moderating effect was found. Conclusion : To improve the job satisfaction of ICU nurses, evaluation of their emotional labor, resilience, and interventions are necessary to alleviate emotional labor and improve resilience.

FUTURE STRATEGY FOR KOREAN FIRMS INVOLVED IN OVERSEAS MARKETS

  • Rak-Keun Jeon;Jin-Woo Park;Jun-Youl Choi;Jae-Jun Kim
    • International conference on construction engineering and project management
    • /
    • 2005.10a
    • /
    • pp.389-396
    • /
    • 2005
  • Despite very good reputation that Korean construction industrial firms had enjoyed until early 1990's in overseas markets, their participation abroad drastically declined after the delivery of two(2) million unit-housing project in the early 1990's and the foreign currency crisis that took place in the late 1990's. The revival of booming construction industry in domestic market is far beyond the expectation due to the long recession of the construction economy and government's severe restriction against real estate development. Under such crucial circumstances, the construction industrial firms' strategy to survive is the more active business promotion in overseas markets. However, the Korean construction industrial firms have to abandon the labor intensive strategy, through that they have enjoyed until the early 1990's, and turn to management oriented strategy which may be a new prosperous horizon and a new challenge as well, because the labor cost of newly developing countries is much more competitive. The aim of this study is to suggest how to cope with current market situations through a chronological survey based on the cost data prevailed during four decades from the 1960's until the 1990's in overseas markets.

  • PDF

An Analysis of Export Competitiveness of Korea and Japan in the USA (한.일의 대미 수출경쟁력에 관한 연구)

  • Shim, Jae-Hee
    • International Commerce and Information Review
    • /
    • v.11 no.1
    • /
    • pp.139-155
    • /
    • 2009
  • This study investigates empirically the export competitiveness of Korea and Japan in America by calculating 4 indexes such as market share index(MSI), export similarity index(ESI), market comparative adventage index(MCAI) and market share expansion ratio(MSER)-export similarity deepening ratio(ESDR). The empirical finding of this analysis shows that Korea is competitive in the labor-intensive products and Japan in the technology-intensive products. This result also meets the general understandings that Japan is superior to Korea in the export competitiveness such as value added of goods, etc. Therefore, in order to strengthen the export competitiveness of Korea in the US market, it's desirable for our firms and government to improve the quality of product ranges by developing technologies focused on the higher value-added products.

  • PDF

A Study on the Effects of University Student Entrepreneurship Education on Entrepreneurship Knowledge and Management Strategy (대학생 창업교육이 창업지식 및 경영전략에 미치는 영향에 관한 연구)

  • Kim, Tae Sung
    • Journal of the Korea Safety Management & Science
    • /
    • v.23 no.4
    • /
    • pp.113-120
    • /
    • 2021
  • In the past, manufacturing-oriented industries focused on improving labor productivity to achieve economic growth. Korea is changing from a labor-intensive industry to a technology-intensive industry in order to occupy a competitive edge compared to other countries. Recently, a lot of investment has been made not only in technology-intensive industries but also in information industries. Therefore, it is developing in various forms such as special technology, platform industry, and virtual reality as a technology-intensive industry and information industry field. In this social phenomenon, the necessity of starting a business using new ideas and technologies is increasing. Therefore, universities also need entrepreneurship education for their students, and it is necessary to investigate how the contents of the university's start-up education support, individual achievement needs, and the degree of acquisition of start-up knowledge affect the establishment of business strategies necessary for start-ups.