• Title/Summary/Keyword: Theory Productivity

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Bilateral Trade and Productivity Differences in a Ricardo-Cournot Model

  • Song, E. Young
    • Journal of Korea Trade
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    • v.25 no.4
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    • pp.88-107
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    • 2021
  • Purpose - Using a model that highlights Ricardian comparative advantage and Cournot competition, I derive theoretical predictions on how bilateral measures of trade intensity, specialization, and intra-industry are interrelated, and how Ricardian productivity differences affect these measures. We test the predictions using trade and production data, and confirm them. Design/methodology - A simple two-country general equilibrium model is constructed to derive theory-based bilateral indexes. We then test the relationships among them using panel data for 35 countries and 14 industries between 1996 and 2008. Findings - Bilateral trade intensity is increasing in specialization, as in the classical trade theory, and in intra-industry trade, as in the new trade theory. However, productivity differences positively affect specialization, and negatively affect intra-industry trade. These effects cancel each other; thus productivity differences have little impact on trade intensity. Originality/value - This paper provides a comprehensive conceptual framework for understanding the relationship among trade intensity, specialization, intra-industry trade, and productivity differences. We derive theory-consistent measures of specialization, intra-industry trade, and productivity differences. Moreover, we reevaluate the empirical relevance of these variables for the study of gravity equations. This paper is also an effort to capture oligopolistic competition in a general equilibrium framework, interests in which recently resurged.

The Diffusion Period and Productivity of Smartwork by Business Simulation (비즈니스 시뮬레이션으로 살펴본 스마트워크의 확산 기간과 생산성 연구)

  • Jung, Byoungho
    • Journal of Korea Society of Digital Industry and Information Management
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    • v.17 no.1
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    • pp.57-73
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    • 2021
  • The purpose of this study is to analyze the diffusion period and productivity of smartwork in an organization. Firms are increasingly interested in smartwork for non contact work and working from home because of the corona 19. The smartwork is a new technology that changes face-to-face work in an organization. It helps the work of individuals and organizations regardless of time and place. The theoretical background describes the complexity, system thinking, diffusion theory, smart work, organizational resistance, and productivity. This study analyzes the diffusion period and productivity of smart work through business simulation techniques. A simulation study progresses four stages. There are problem definition, hypothesis establishment and causal loop diagram, model construction and verification, and policy evaluation. The simulation models contain an individual's resistance variables organizational investment and leadership variables related to the operation of smartwork. The organizational investment variables include organizational culture, legal system, implement systems and technology investment. The individual resistance variables include cognitive, attitude, structure and technological resistance. The leadership includes leadership interest variables and performance linkage variables. The simulation executed the changes of a people number adopting smart work and the organizational productivity monthly. As a result of the simulation, many organization members have accepted the smart work innovation after 20 months. The organizational productivity through smart work showed very high value after 16 months. In scenario analysis, the individuals' awareness and attitude resistance showed very important variables to productivity and a personal change of smart work adoption. Meanwhile, The organizational investment showed that the high driving-force increased not productivity and the low driving-force showed decreased low productivity. Also, leadership variables showed a powerful driver for changing smart work productivity. The implication of the study has suggested extending complexity, diffusion theory and organization resistance theory based on simulation methods.

An Analysis of Theory Use in the Library and information Science Research (문헌정보연구의 이론 활용성 분석)

  • 정동열;김성진
    • Journal of the Korean Society for information Management
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    • v.20 no.1
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    • pp.165-198
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    • 2003
  • This study analyzed authors' use of theory in 654 articles that appeared in two core library and information science journals during last three decades. In order to analyze degree of theory use of LIS, such as, publication productivity, growth and distribution of theory in subfields. name and origin of theory, usability of each theory, subfields and journals, and so on, content analysis of LIS theories was performed through conceptual and empirical study. For the purpose of this study, we suggested a couple of new analytical methods, so called, ‘Subfield Classification Scheme’ within LIS, and ‘5 Degrees of Theory Use’ model for the first time.

The Quality Management Strategy Using Brain Science for Productivity Improvement (생산성 향상을 위한 두뇌과학적 품질경영 전략)

  • 윤상원
    • Journal of the Korean Professional Engineers Association
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    • v.32 no.6
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    • pp.44-47
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    • 1999
  • This study deals with the quality strategy using brain science as the tool of productivity improvement. Especially, it is critically analyzed that the application of the brain theory to the new deployment methodology of quality management corresponds to the industrial improvement properly in points of performing quality and productivity, and contributing the growth of our society etc.

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The Relationship between the Wage and the Productivity in the Korean Manufacturing Industry (거시적 관점에서의 임금과 생산성의 관계에 대한 연구 -우리 나라 제조업을 중심으로-)

  • Park, Sung-Joon;Oh, Yu-Jin
    • Journal of Labour Economics
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    • v.24 no.3
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    • pp.63-81
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    • 2001
  • We focus on the relationship between the wage and the productivity in the Korean manufacturing industry over the period from the 1971 year to the 2000 year by using the Geweke's linear feedback method and the impulse response method. And we divide the whole period into the 1971-before the financial crisis and the 1971-2000 including the after the financial crisis to study the change of the relationship between the wage and the productivity after the financial crisis. The results are the followings; The productivity has the large influence on the wage positively, so that the improvement of the productivity boosts the wage and the vice versa in the before financial crisis period. It means that both the conventional wage setting theory and the alternative wage theory(efficiency wage and union theory) exist in the manufacturing industry. However, there exist only the conventional wage setting theory in the whole period.

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Union Effects on Productivity : Literature Survey (노동조합의 생산성효과(I))

  • 남상섭
    • The Journal of Information Technology
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    • v.2 no.1
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    • pp.15-34
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    • 1999
  • The purpose of this paper is to survey existing literature and empirical studies about the effect of unions on productivity and productivity growth in US and British. Evidence regarding union effects on productivity is incomplete in the studies surveyed in this paper. Unions have a positive effect on productivity in US, but the most of studies in British show that unions have a negative effect. But the direction and magnitude of union effects on productivity growth cannot be predicted from economic theory. It may be that there is no unitary relationship between unions and productivity growth. The comprehensive conclusion about the effects of unions on productivity growth cannot be drawn from the studies surveyed in this paper. The question of whether unions have a positive effect or negative effect on productivity and productivity growth is an empirical issue.

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An Analysis about determinants of Total Factor Productivity and Technical Efficiency in Manufacturing Industries : Non-parametric Malmquist Approach (제조업의 총요소생산성과 기술적효율성 결정요인분석 : 비모수적 맴퀴스트 생산성 지수에 의한 분석)

  • Jung, Kyung-Hee;Cho, Jai-Rip
    • Proceedings of the Safety Management and Science Conference
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    • 2009.04a
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    • pp.337-350
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    • 2009
  • Using the Malmquist productivity index, this paper compares the productivity of Korean manufacturing industries from 1999 to 2006. The malmquist productivity index has more advantages than previous methods such as solow model, endogenous growth theory. The malmquist productivity index can be decomposed productivity into two parts. The first part is an index of the technical efficiency change. This index has high value when the elements of production is used more efficiently. The second part is an index of technical change. This index has high value if the advent of new technology and process innovation occur.

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Instant Messenger: Theory of Reasoned Action in Practice (인스턴트 메신저 : 합리적 행동이론의 실제)

  • Lee Jungwoo;Hahn Hyunjung
    • Journal of the Korean Operations Research and Management Science Society
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    • v.29 no.4
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    • pp.159-173
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    • 2004
  • Instant Messenger is a communication tool which allows instant real-time connection between parties through Internet Compared to the most popular Internet communication tool. email. the messenger allows people to check network presence of other parties and to connect in real time among multiple parties. Mostly due to the convenience it provides. use of instant messengers has increased tremendously not only for personal purpose but also for business purpose. However. firms are agonizing about the real impact of instant messenger usage among employees. whether the impact is positive or negative in terms of the productivity, Applying the theory of reasoned action (TRA) and technology acceptance model (TAM). this study sets UP perceived ease of use. perceived usefulness and cultural orientation of individuals as antecedents of adoption and use of the messenger application, Also. the impacts of messenger usage are measured as task productivity and intimacy among colleagues. This study presents several findings about the instant messenger, First. perceived ease of use. and usefulness play important roles in raising the adoption level of instant messenger. Also. culture propensity also maintains strong influence towards the actual usage of the messenger. Among cultural variables. innovativeness, supportiveness and outcome orientation reveal strong positive impacts on adoption and use of the messenger. On the dependent side. use of instant messenger seems to have a strong direct impact on task productivity as well as indirect impact through intimacy. Implications are discussed.

Study on the Productivity Improvement of Diagnostic Medical Blood Analyzers using Theory of Constraints and Simulation (제약이론과 시뮬레이션을 이용한 진단 의료 혈액분석기의 생산성 향상 방안 연구)

  • Maeng, Ju-Hyuck;Lee, Kang-Won
    • Journal of the Korea Society for Simulation
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    • v.22 no.2
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    • pp.21-31
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    • 2013
  • There is a high demand for the diagnostic medical blood analyzer in the global medical device market. The domestic market is in infant stage, but expected to grow very fast. In this study, we attempt to provide several ways for production improvement in order to secure price competitiveness of domestic medical blood analyzer. For this purpose we identify the problems of current production process using ARENA simulation and suggest several alternatives for productivity improvement.. Five steps of TOC (Theory of Constraints) and ARENA simulation are employed to predict productivity of each alternative and to suggest further improvement.

The Effects of Creative Climate on the Regional Economic Growth and the Total Factor Productivity of Korean Finns -A Panel Study of Electric and Electronic Finns of the Industrial Complex- (창의성 여건이 지역경제 성장과 기업 생산성에 미치는 영향 연구 - 한국산업공단내 전기.전자기업을 중심으로 -)

  • Gheem, In-Choll;Han, Jae-Myung
    • International Commerce and Information Review
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    • v.12 no.4
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    • pp.67-109
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    • 2010
  • The theory of creative class has shown that the creative people are the key factor of success in regional economic growth. The creative people strengthen the economic competitiveness which is crucial to attract, cultivate and mobilize the resources of that region. In order to examine the theory of creative class for regional economic growth and firm productivity in Korea, this study uses the panel data of 492 Korean firms of the industrial complex producing electic and electronic manufactured goods. They are grouped into 10 industrial complexes among 16 metropolitan areas. Our findings demonstrate that creative class and 3Ts are related to the ratio of creative population density and the regional economic growth. Specifically the creative core class is of more significance to the regional economic growth than the creative professional class or the creative artist class. In our findings the panel analysis of random effects model shows that the talent index of 3Ts as well as the regional climates arc related to the individual firm's total factor productivity. This also reflects a conglomeration of the other regional climates statistically. On the other hand, the research and development expenditure of individual firms shows positive influence for each second consecutive year for the total factor productivity. Sales volume also contributes to the total factor productivity. In conclusion, we recommend that it is important to upgrade the level of creative climates by attracting the creative minds and R&D investment of the enterprises for regional economic growth and firm's total factor productivity.

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