• Title/Summary/Keyword: Productivity factor

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Analysis of the Productivity and Influence Factor for Special-Plant Formwork (특수 플랜트 형틀공종의 생산성 및 영향요인 분석)

  • Huh, Young-Ki;Lim, Jin-HO;Oh, Jae-Hoon
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2013.11a
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    • pp.90-91
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    • 2013
  • In the field of nuclear power construction, management and the systematic construction is very necessary. For more efficiently managing, analysis of influence factors and productivity is indispensable now. On this research, we collected the data from the nuclear power plant which is located in Korea. We analyzed the productivity and influence factors. As a result, productivity was 0.75(㎡/man·hour).On one hand, the productivity should be personnel, weather and whether there is a night duty or not. On the other hand, work crew depends upon operators, formwork amount, the presence or absence of night duty.

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Regression Technique-based Productivity Estimation conducting Construction Delay Factor Analysis on Interior Works in High-rise Building Construction (공기지연요소분석을 이용한 회귀분석 기반 초고층 내부공사의 생산성 예측)

  • Kim, Hyun-mi;Kim, Tae-Hyung;Shin, Young-Keun;Kim, Young-Suk;Han, Seungwoo
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2011.05a
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    • pp.191-192
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    • 2011
  • The construction projects contain a lot of variables and risk affecting productivity. The duration of the project must be recognized important as for quality, unit cost and safety. There is need for improving work efficiency by investigating relationship of works to prevent delay. This study focuses on analysing the delay factors of steel staircase system to suggest regression model that enables construction productivity estimation. The position of the observers and construction delay factors were expressed by the independent variable of the regression model and productivity was expressed by a dependent variable. This paper suggests quantitative productivity and it is expected that will be helpful estimating application in construction new technologies.

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An Empirical Study on the Evaluation of Container Terminal Productivity (컨테이너 터미널 생산성 산정에 관한 실증 연구)

  • 정승호;하원익
    • Journal of the Korean Institute of Navigation
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    • v.23 no.4
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    • pp.77-88
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    • 1999
  • Container terminal productivity is a critical factor for both the terminal operator and liner companies. For the former it is a determinant factor of the competitiveness and profit of terminal, and for the later it is one that determines ships' tern round time and hence ships' operation costs. The concept and measures of productivity are however not well defined and unified throughout terminals in the world. This paper therefore deals with the empirical study on the evaluation of container terminal productivity. It first clarifies the concept of terminal productivity, and secondly based on the actual data on container terminals in and outside Korea, productivity is evaluated and compared. Finally, problems hampered efficient operation of Korean terminals are derived, and several comments are suggested for solving them.

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Does Inward Foreign Direct Investment Affect Productivity across Industries in Korea?

  • Jang, Yong Joon
    • East Asian Economic Review
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    • v.25 no.2
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    • pp.151-174
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    • 2021
  • This paper empirically examines whether and how inward foreign direct investment (FDI) affected industrial productivity in Korea during the 2000-2016 period, based on dynamic panel data of inflow FDI on an arrival basis from 427 manufacturing industries. The paper adds to the literature by analyzing whether both technology spillovers and industrial restructuring from inward FDI can differ according to industrial characteristics such as capital intensity, imported intermediate inputs, and tariffs. The empirical results show that the overall effects of inward FDI on total factor productivity (TFP) were statistically insignificant in general. However, the positive effects of inward FDI on productivity became statistically significant for industries with lower tariffs. Capital intensity were not involved in the relationship between inward FDI and productivity. Thus, the paper highlights that the results in previous studies with inward FDI on a notification basis were overestimated and inward FDI policies in Korea should focus on channels such as trade liberalization and the redistribution of production factors rather than capital accumulation.

Does GVC Participation Improve the Productivity of Korean Manufacturing Firms? : Evidence from Subgroup Analysis Using Enterprise-level Data

  • Suji Jeong;Soo-yong Shin
    • Journal of Korea Trade
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    • v.26 no.6
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    • pp.96-117
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    • 2022
  • Purpose - Considering the recent instability of world economy and its heavy dependence on foreign, Korea must formulate breakthrough approaches to proactively cope with these adverse global developments. As such, this study aims to ascertain how participation in global value chains (GVCs) relates to corporate productivity and derive policy implications. Design/methodology - This study utilizes the microdata of Korean manufacturers to develop indicators of GVC participation at the enterprise level and analyzes the effects of GVC participation on the firm's total factor productivity by using fixed effect model. Findings - Enterprises with highest rates of export-side GVC participation see their productivity grow as their export-side GVC participation rates increase. In addition, when companies are classified by their export-side GVC participation rates, increasing export values improves all firm's productivity. In particular, those with low participation rates are analyzed to achieve higher productivity by increasing their imports, not only exports, which implies that companies with lower export-side GVC participation can boost productivity by reinforcing their export and import activities. Originality/value - This research paper distinguishes itself from others in that it makes a novel attempt to design the indicators of GVC participation at the enterprise level, not at the national or industry level. In addition, this study contributes to the existing literature by dividing companies into subgroups depending on their GVC participation rates for each of export and import and identifying variances in the effect of GVC participation on productivity growth among subgroups.

Technical Inefficiency Effects and Technological Change in Bangladesh Food Industry: A Stochastic Frontier Analysis

  • Rana, Md. Masud;Baten, Md. Azizul;Rabman, Mezbahur
    • Journal of the Korean Data and Information Science Society
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    • v.19 no.4
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    • pp.1449-1463
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    • 2008
  • This paper considers three different models with two functional forms, Cobb-Douglas and Translog, for the stochastic frontier production function of food manufacturing industry of Bangladesh over the period 1981-1982 to 1999-2000. The models are proposed by Battese and Coelli (1992, 1995) and Huang and Liu (1994). The technical efficiency, total factor productivity, technological change and technical efficiency change have been estimated in the frontier models. The results indicate that 41.47%, 59.30% and 70.98% of the potential output are being realized in this sector. The mean increments in total factor productivity are approximately 2%, 9% and 4% respectively.

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The Relative Productivity to the Technology Frontier and Korea's Productivity Growth (기술선도국과의 상대적 생산성 수준과 한국 제조업 생산성간의 관계)

  • Choi, Yong-Seok
    • International Area Studies Review
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    • v.12 no.2
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    • pp.99-123
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    • 2008
  • In this paper, technology gap between Korea's manufacturing industries compared to technology frontier countries was estimated in order to take into account Korea's status as a technology follower country. Then by using this measure the role of technology gap was investigated in explaining total factor productivity growth of the Korean manufacturing at industry level. The main empirical findings are as follows: First, the conventional factors that were emphasized in the previous literature such as R&D intensity, trade openness and human capital play important role in explaining the growth rate of Korea's total factor productivity. Second, the larger the technology gap between Korea and technology leader country (and the faster the technology growth rate in the leader country), the higher the growth rate of total factor productivity in Korea as well. Third when the technology gap is large, the most efficient way of absorbing higher technology from frontier country seems to be the international trade channel rather than R&D or human capital accumulation.

The Study on the Analysis of Factors Decreasing Construction Labor-Productivity Using AHP Method (AHP기법을 이용한 건설노동생산성 저하요인 분석에 관한 연구)

  • Pyo Young-Min;Bae Soo-Yong;Ryu Hyoung-Han;Lee Sang-Beom
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2005.05a
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    • pp.141-147
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    • 2005
  • Usually, processing whole project or a part of frame work delays due to acceleration, changing orders, management, characters of project. overtime, worker crowding, early occupation in the field of construction. Through a whole project, these factors cause decreasing construction labor-productivity which is the most dependent in business of construction. These kind of decreasing of construction labor-productivity cause many negative effects, just as extension of time, increasing cost in project of construction. Regardless of characters of construction or decreasing labor-productivity, extension of time is a incident which needs acceleration, also it cause a high possibility of claim and dispute. The productivity has just a broad meaning in business of construction. That's why it's difficult to apply in the field of construction. Especially, factors increasing or decreasing labor-productivity is defined by analysis of working as qualitative and outlined evaluation. However, study of the each factor decreasing construction labor-productivity analysis has not researched, because of difficulty of systematic measurement and management. The existed studies about management of productivity are just focused on estimation of productivity, not on evaluation of productivity. It was true that I couldn't examine clearly about the analysis of how much important per each the factor which have influence on labor-productivity because of the characteristic as qualitative that the labor productivity have On this study, i tried to get the factors decreasing of labor- productivity with gathering opinions of panels of expert's studies about the factors decreasing of labor-productivity on project of construction through Delphi method and i evaluated the result factors as quantitatively and subjectively about importance of factors decreasing construction labor-productivity Analysis, using AHP Method by Saaty. Also, using Delphi and AHP method, 1 suggest substantiated method qualitative factors are measured by quantitative criteria.

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An Analysis of Vietnamese Bank Productivity Change in the Time of Restructuring

  • TO, Tha Hien;LE, Phuong Thanh
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.779-788
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    • 2020
  • Commercial banks play an important role as the main source of funding in the transition process of Vietnam as a market economy. As a result, enhancing the efficiency and productivity of Vietnamese banks can decrease the lending cost for individuals and enterprises. This study is to measure and analyze the productivity change of Vietnamese banking system in different ownership cohorts and sources of this change during the period of restructuring (2011-2019). The Hicks-Moorsteen total factor productivity index is utilised to measure the productivity change and to identify the sources of this change. For an empirical analysis, the data of 28 Vietnamese commercial banks from 2011 to 2018 is collected from their financial statements including balance sheets and income statements. The results show an increase of Vietnamese bank productivity due to the technological progress. While foreign and joint-venture banks are the most advanced cohort, state-owned banks have the lowest rate of productivity growth. The restructuring program negatively impacts scale efficiency and this measure attributes to a decline in the overall efficiency of the banks. We also found that state-owned commercial banks are the most efficient group in the sense that they can achieve the maximal level of revenue from a given amount of expense.

A Study on Constuct of Value-Added Productivity Structure Model using Multivariate Statistical Method (다변량통계기법을 이용한 부가가치생산성 구조모델의 구상에 관한 연구)

  • 이영찬;조성훈;김태성
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.19 no.38
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    • pp.117-129
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    • 1996
  • This Study intends to analysis what 3 factors, which are indices of Capital, Labor and Distribution, really affect to Value-Added Productivity through Statistical Analysis. For this, We selected 12 indices of Value-Added from the edition of 'Annual report of Korean companies' published in 'Korea Investors Service., Inc', especially in parts of Chemicals and Chemical products of total 85 companies. Using this data, Multivariate Statistical Analysis such as Principal Component Analysis, Factor Analysis, Covariance Structure Analysis is taken for modeling the effect of 3 factor(Labor Productivity, Capital Productivity and the Index of Distribution) on Value-Added Productivity.

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