• Title/Summary/Keyword: Labor skill

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The Roles of the Exchange Rate and Labor Skill Composition on Vietnam's Trade Balance Vis-à-Vis Main Trading Partners (베트남 무역수지에서 환율 및 노동숙련도 간의 상관관계분석: 주요 무역 상대국 중심으로)

  • Tan, Yan;Uprasen, Utai
    • International Area Studies Review
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    • v.22 no.3
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    • pp.85-119
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    • 2018
  • This paper investigates the effects of exchange rate and labor skill composition on Vietnam's trade balance with her twenty main trading partners. Using balanced panel data from 2000 to 2016, the authors analyze Vietnam's total trade balance and the trade balance which is disaggregated based on labor skill sophistication. Three main findings are presented. Firstly, exchange rate has a positive effect on Vietnam's trade balance, but the small value of estimated coefficient indicates that its effect is limited. Secondly, Vietnam's trade balance of the high labor-skill produced and medium-skill white collar labor-produced goods is worsened when VND (Vietnamese Dong) depreciates. Thirdly, moving up the labor skill ladder and promoting the none-price competitiveness of the high labor-skill produced and medium-skilled white collar labor-produced goods can improve Vietnam's total trade balance, while promoting the low-skill labor-produced and medium-skill blue collar-labor produced goods can no longer contribute to Vietnam's total trade balance.

Comparative Study on Awards System of Australia and Wage Rate in Construction of Korea (호주 어워드 시스템과 국내 건설공사 시중노임단가 체계 비교연구)

  • Lim, Chaeyeon;Baek, Seung-Ho
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2018.05a
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    • pp.70-71
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    • 2018
  • The labor cost on construction project of Korea is calculated based on the Wage Rate in Construction of Korea which is published by Construction Association of Korea. The Wage Rate in Construction of Korea does not have any variation on the wage following skill level of labor although it has 123 work categories. In addition, the classification on skill level and career of construction labor in Korea does not defined. Therefore, to establish the concept of the classification on skill level and career of construction labor, this study aim to compare the difference between Wage Rate in Construction of Korea with Award system which present grade on skilled labor.

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An Exploratory Study on Gender Differences in Marital Preparation Skills of College Students

  • Lee, Sung Hoon
    • International Journal of Human Ecology
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    • v.14 no.2
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    • pp.53-68
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    • 2013
  • The purpose of this study was to highlight the importance of 'marital preparation skill' by focusing on more substantial and tangible skills in marriage life, and to conduct an exploratory research to examine the current conditions and gender differences in marital preparation skills of college students. Data were gathered through a self-administered questionnaire in four universities located in Seoul and Gyeong-gi areas in the spring of 2013, and a total of 332 senior students chosen were used for data analysis. Based on the instrument used in Olson & Olson's(2000) PREPARE/ENRICH Program, the present study sought to suggest a measurement tool with the moniker of 'marital preparation skill' that included seven domains: conflict resolution skill, sexual relationship skill, household labor skill, financial management skill, leisure management skill, parenting preparation skill, and parental role skill. Each domain consisted of four items and thus, a total of 28 items were utilized for this study. Descriptive statistics were analyzed in order to examine the degree of marital preparation skills, and t-tests were conducted in order to assess the gender differences in marital preparation skills. The main results of this study are as follows: First, overall the degree of marital preparation skills of male students was higher than that of female students. Particularly, female students were lower than male students in the skills of financial management and conflict resolution. Second, regarding the basic household labor skill related to clothing and housing life, male students showed higher than female students, implying the impact of military life. Third, even though the degree of consciousness about appropriate preparation of parenthood and parental role seemed to be heightened, the actual degree of readiness of college students revealed to be insufficient. Male students had a much higher degree of confidence and sacrifice acceptance about parenthood, and understanding about their parents' child-rearing style than female students, while the mindset of child-rearing participation of male students was lower than that of female students. Findings of this study can be used as basic data for developing more effective and differentiated educational programs of marital preparation skills for men and women.

Wage Determination Process and Income Disparity in Korean Metropolitan Cities (우리나라 광역대도시 지역노동시장의 임금결정과정과 소득격차)

  • 이원호
    • Journal of the Economic Geographical Society of Korea
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    • v.5 no.2
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    • pp.187-207
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    • 2002
  • This study investigates the wage determination process of regional labor markets in order to understand the regional dimension of labor market processes in Korean metropolitan cities. Since the financial crisis in late 1997, the interplay between labor market restructuring such as unemployment and skill polarization and income disparity has been shaped by the labor market process in the metropolitan cities. This is also closely related to the fact that both industrial restructuring and expanding information technologies in the metropolitan region have reshaped the labor demand structure and finally resulted in structural unemployment due to skill mismatch and spatial mismatch and wage inequality across different occupations. In addition, since wage determination process clearly has a regional dimension, wage determination and its influence on income profile in a certain regional labor market need to be understood by investigating its labor market characteristics including labor supply and demand structure, industrial changes, changing unemployment, etc. This is why labor market policy as a regional policy needs to be redefined and it can be much enhanced by geographical investigation on regional labor market.

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Multiskilling and Labor Productivity Growth (다능화와 노동생산성 성장)

  • Kim, Yong-Min;Park, Ki Seong
    • Journal of Labour Economics
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    • v.26 no.3
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    • pp.49-75
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    • 2003
  • This paper empirically examines multiskill formation as a critical mechanism of human capital accumulation within the firm. We investigate various factors that foster multiskill formation of the employees at the workplace. We also investigate whether and how multiskill formation of the employees, in tum, affect the labor productivity. Our empirical results are summarized as the following. First, skills of the employees are developed along the sequential path rather than the parallel path. They evolve from the simple-skill to the single-skill, and then to the multi-skill state. Second, multi skilling is stimulated by uncertainty factors of the environment and various human resource management practices such as mutual learning among workers, workers' participation in decision making, and job rotation. Third, the increase in the ratio of multiskilled workers in the firm has a positive impact on the growth of the firm's labor productivity. Our analyses show that the labor productivity growth increases by 0.019 with the increase in multi skilling ratio by 0.1. Fourth, uncertainty and human resource management practices had an indirect impact on labor productivity growth only through multiskilling. These results strongly indicate that multiskilling is a result of human capital accumulation fostered by various human resource management practices.

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Labor Mobility and Skill Development (노동이동과 인력개발)

  • Lee, Byung-Hee
    • Journal of Labour Economics
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    • v.28 no.1
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    • pp.1-28
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    • 2005
  • First, The flow into and out of unemployment has been increasing considerably too since the late 1997. Moreover, about half of job changes involve career changes associated with industrial and occupational changes which workers work for. Workers who switch industries and occupations significantly suffer greater wage losses than observed similar workers who find new jobs in their pre-turnover industry or occupation. These findings imply that labor mobility is more likely to cause losses in accumulated skill of workers. Second, this study compared the wage return to past training when a worker remains with an employer with the wage return to past training when a worker moves to a new employer. Surprisingly, training provided by previous employers has significantly positive wage effect. These findings that the skill acquired by employer- provided training is transferable across some firms. Third, this study finds that the likelihood of sectoral mobility decreases with training received in the current industry. It gives an evidence of the industry- specific training. Based on these findings, this paper suggest the way of dividing the costs of benefits of training among employers within their sector to prevent under-investment in training.

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The Hollowing-Out of Middle-Skill Jobs and Its Impact on Jobless Recoveries in Korea (중숙련(middle-skill) 일자리의 감소가 고용 없는 경기회복에 미치는 영향에 관한 연구)

  • Kim, Nam Ju
    • Journal of Labour Economics
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    • v.38 no.3
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    • pp.53-95
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    • 2015
  • This paper first constructs an occupation code-skill match for the Korean labor market by following Autor-Dorn classification on the tasks framework. Over the last 34 years, middle-skill jobs have vanished enormously, while high-skill and low-skill jobs have both increased. Also, jobs have polarized more rapidly in recessions and changed uniquely by pushing old workers into middle and low-skilled jobs and the inter-sector reallocation of workers. Furthermore, jobless recoveries in the recent business cycle could have been alleviated considerably if job polarization had been mitigated.

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Aging Influence on Labor Productivity (고령화가 노동 생산성에 미치는 영향)

  • Lee Keun-Boo;Oh Se-Ho;Yang Hee-Joong
    • Journal of the Korea Safety Management & Science
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    • v.8 no.2
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    • pp.81-90
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    • 2006
  • As aging society makes rapid progress, various social problems arise. The drop of productive labor and the increase of welfare cost can be taken as examples. From this point of view, a use of aged labor is a matter of great Important to national productivity improvement. But, the participation rate of the aged in economical activity amounts to 49.8 percent and their unemployment rate does 2.1 percent. The purpose of this paper is to analyze the deterioration of skill and the lowering of adaption to new working environments due to aging. Since the aging effect is closely related to worker's productivity, it should be properly measured and analyzed. The coordination tester is used to find out activity limitations. Experimental results show that the expert skill of the workers can be improved through the effective of their experience. Therefore we can say that some operation is not influenced by aging.

Does FDI Affect Domestic Employment in OECD Countries?

  • WANG, Mengzhen;CHOI, Baekryul
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.12
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    • pp.283-293
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    • 2021
  • To verify the employment impact of two-directional FDI, the study analyzes panel data composed of 26 OECD countries from 2006 to 2018 by using the system GMM. Furthermore, we decompose domestic employment into types of industries and skill compositions to identify the heterogeneous employment impact. The results show that inward and outward FDI at lag one period promote domestic employment at the overall level. In terms of workers' skill levels, lagged inward FDI significantly persistently promotes high-skilled workers' employment, likewise, the positive employment impact also appears with a time lag in low-skilled labor subgroups. Outward FDI, on the other hand, initially inhibits both high- and low-skilled labor demand, but then changes to a positive effect in the highskilled labor subgroups. Although there is a time difference between inward and outward FDI, it has a significant and positive impact on employment in the manufacturing and service industries. The results indicate that the relationship between manufacturing and service employment is a mutual substitute. To attract international investors, governments should promote a favorable investment climate and maintain stable economic growth. Because low-skilled labor is more susceptible to changes in FDI, policy measures are required to ensure employment stability.

Causal Relationships between Emotional Labor and Emotions and Communication Skills in the Foodservice Industry (외식산업 종사자의 감정노동과 감정노동자의 정서, 커뮤니케이션 스킬간의 인과관계 )

  • Kim, Min-Joo;Kim, Doo-Ra
    • Culinary science and hospitality research
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    • v.14 no.2
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    • pp.73-85
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    • 2008
  • This study is based on an empirical study on consequences of emotions and emotional labor in the food-service industry. It analyzed the effect of emotional labor on emotions of emotional laborers and the effect of emotional labor on communication skills. Data used for analysis were collected through the questionnaire surveyed on the various samples including employees of family restaurants, Korean restaurants, Chinese restaurants, Japanese restaurants, etc. The result of data analysis indicated that only the efforts for emotional expressions among the factors influenced affirmative emotion(P-value=0.042). It also showed that the factor of the efforts for emotional expressions by researchers had a positive effect on both language communication skills and non-language communication skills(P-value=0.000). This study was valuable in the aspect that emotions and communication skills were first selected as dependent variables of emotional labor and it verified causality between emotional labor and these variables. However, it also has some limitations that its sample size was small and it depended on convenience sampling.

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