• Journal of Labour Economics
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• v.40 no.4
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• pp.1-31
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• 2017

Recent empirical studies highlight the importance of between-firm or between-establishment factors in rising wage inequality. Examining the establishment-level data from the Mining and Manufacturing Survey of 2000-14, this paper finds that overall between-establishment wage dispersion has increased in Korea. However, unlike other OECD countries, the divergence occured in the lower tail of the wage distribution. Dispersion in labor productivity exhibits a similar movement, therefore explains the widening wage dispersion. In contrast, the link between wages and total factor productivity is much weaker, which appears to be associated with inefficient capital reallocation. I also find much heterogeneity in the productivity-wage relationship across productivity distribution. The most productive establishments turn the smallest portion of productivity gains into wage increases.

• Journal of Korea Port Economic Association
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• v.23 no.4
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• pp.23-47
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• 2007

We analyzed the questionnaire survey for the current maintenance of Incheon port's loading and unloading equipments and the possibility of TPM(Total Productive Maintenance) application. And also, We certificated Structural Equation Model with computer packages. Results of the survey indicated that the current maintenance of Incheon port's loading and unloading equipments was not good. We recognized the relationship of contextual factors about the productivity of the loading and unloading equipments The productivity of the loading and unloading equipment positively depends on maintenance management of equipments, but the organization and personnel management does not have a influence on the productivity of the loading and unloading equipment. So we suggest TPM as the future maintenance methodology of equipments. Using TPM to the loading and unloading equipments, we will try to improve the methodology of the organization and personnel management.

• Korea Journal of Hospital Management
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• v.10 no.3
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• pp.45-66
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• 2005

The purpose of this study was to analyze related factors affecting profitability on general hospitals(300-499 beds). The data were derived from survey by the Korean Hospital Association on 33 hospitals during 10 years (from 1993 to 2002). Profitability was measured by 3 ratios - net profit to total assets, normal profit to total assets and operating margin to gross revenue - as dependent variables. Independent variables were classified by general factors (ownership, number of bed, period of establishment, region), financial factors (total asset turnover, current ratio, liabilities to total assets, personnel costs per operation profit, material costs per operation profits), productivity index(number of daily patient per nurse), the score of quality assurance activity and the time lag score. Multiple regression model was used in this study. First, Number of bed, region was not statistically significant for profitability. But ownership was affect positively to normal profit to total assets and operating margin to gross revenue. Private hospitals had higher profitability than that of public hospitals Second, the score of quality assurance activity was not statistically significant to profitability. Third, Those hospitals having more daily patient per nurse had significantly higher profitability than the others. Fourth, Those hospitals having higher proportion in total asset turnover had significantly higher profitability than other hospitals. But liabilities to total assets and liquidity ratio had no difference to the profitability. Those hospitals having higher proportion in personnel costs and material costs per operation profits had significantly lower hospital profitability than others.

• International conference on construction engineering and project management
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• 2022.06a
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• pp.103-110
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• 2022

In the era of the 4th Industrial Revolution, smart technology being considered to improve productivity breakthroughs is in the spotlight as a means to replace traditional construction technology in the construction industry. However, various problems are occurring in construction sites using smart technology and causing negative impacts on construction projects. Therefore, the objective of this study is to identify risk factors that occur when smart technologies are used in construction projects. To achieve this purpose, this study investigated the difficulties at construction projects using smart technology, and risk factors were derived based on site surveys and literature. The risk factors were measured by experts, and then a total of 19 risk factors was derived by exploratory factor analysis. As a result, risks were classified as 5 factors, the institutional factor is the most difficult response, and the government needs anticipative system improvement and a long-term plan. The research findings provide practical implications for construction experts trying to apply smart technology in construction sites and construction policy-makers to revitalize smart technology.

• Journal of Korean Society of Industrial and Systems Engineering
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• v.17 no.31
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• pp.163-176
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• 1994

Over the last few years Total Quality Management (TQM) programs have hem widely adapted by Korean manufacturing firms to improve their productivity, competitive edge and product quality levels. The purpose of this study is to evaluate the level of importance placed on four key TQM factors (customer satisfaction, strong management leadership, continuous improvement, imployee involvement and participation) used during the implementation of korean manufacturing TQM programs and to assess the effectiveness of those key factors in improving the performance of the firms. A Questionaire was developed and sent to senior managers in manufacturing organizations throughout korea. This survey asked qustions regarding 1) the firm's business environment and TQM program development 2) subcomponents of the key factors and 3) the effectiveness of the TQM program at improving the performance of the organization. The survey data were analyzed to determine the degree of correlation between each of the factors and the effectiveness of the TQM programs. This study demonstrated that the TQM programs were instrumental at improving the performance of the firms studied, and that the improvement was positively correlated with the length of time that the program had been implemented and the planned duration of the TQM program implementation. It was found that the person-oriented elements of management leadership and employee involvement were positively correlated and predictive of the success of the TQM Program, while the process-oriented components of customer satisfaction and employee involvement were not useful predictors of the effectiveness of the TQM program implementation.

• The Journal of the Convergence on Culture Technology
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• v.7 no.4
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• pp.779-783
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• 2021

The amount of sunlight (irradiation) acts as a very important factor for paprika (Capsicum annuum L.) productivity, but there are difficulties in developing a standard model for estimating paprika productivity using irradiation factors. This study was conducted to investigate how to increase the suitability of using irradiation as an independent variable when developing a standard model. In the linear regression analysis using the independent variable (cumulative irradiation) and the dependent variable (cumulative productivity) were classified as the average value of the total farm productivity (MTFP), and above and below (MHFP, MLFP) based on the average value, respectively. The RMSE value of the estimated linear regression model was 0.9418 kg·m^-2 in the MHFP, which was significantly lower than 1.5468 kg·m^-2 in the MTFP and 1.3812 kg·m^-2 in the MLFP. And in due course of time (month), RMSE value was also the lowest in MHFP, below 1.0 kg·m^-2 in all months. Therefore, when developing a regression model for estimating paprika productivity using irradiation, it is judged that it will improve the suitability of the estimation model by classifying and analyzing the difference in productivity of farms with an appropriate method.

• Environmental and Resource Economics Review
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• v.24 no.2
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• pp.343-363
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• 2015

This study is to analyze the effects of climate change on national total factor productivity. Changes in temperature and rainfalls which are the representative climate variables are used as main factors to measure climate change. Not only average values of the variables but those highest values are used as independent variables in the model, in order to consider the characteristic pattern of recent climate change, the high volatilities. The OLS results are corresponding to previous literature that average temperature has a negative relationship with productivities while average rainfalls have a positive relationship. However, the results of panel analysis contradict the argument of the negative relationship between average temperature and productivities since human beings can adapt the climate change. Therefore adaptation capacity is important to forecast the effects of climate changes on economies.

• Journal of Korea Trade
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• v.25 no.5
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• pp.93-109
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• 2021

Purpose - The logistics industry is often featured by its location relevance and industrial concentration. Industrial concentration is conducive to the effective transmission of information by reducing transaction costs and improving transaction efficiency, thus promoting the development of trade. The main purpose of this paper is to measure the spatial total factor productivity and location quotient of the logistics industry in Korea, and to study the impact of the logistics industry efficiency and agglomeration effect on import and export trade in Korea. Design/methodology - First, used the spatial stochastic frontier method to measure the spatial total factor productivity of the logistics industry in Korea, this serves as the efficiency index of the logistics industry in various regions of Korea. Second, calculated the location quotient (LQ) of the logistics industry to measure the industry's concentration degree. Third, employed a spatial econometric model to analyze the impacts of factors such as the efficiency and concentration levels of the logistics industry on import and export trade in Korea. Findings - This study's main findings can be summarized as follows: this study found that the overall efficiency of the logistics industry in Korea needs to be improved, even though it showed an upward trend in all regions of the country; Moreover, the agglomeration level of Korea's logistics industry needs to be improved; Finally, the positive spatial correlation and industrial agglomeration effect of Korea's logistics industry had a positive impact on the country's import and export trade. Originality/value - This study is innovative in terms of research perspective and methods. Most of the previous studies have measured the development level of the logistics industry using the logistics performance index (LPI), Fewer studies have assessed through the spatial total factor productivity and location quotient of the logistics industry in Korea to measure the efficiency index of the logistics industry in various regions of Korea and concentration degree, as well as there was almost no study on the impact of logistics industry efficiency and agglomeration effect on import and export trade in Korea. This study addresses this limitation by analyzing the impacts of the efficiency and agglomeration effect of the logistics industry on import and export trade in Korea.

• Journal of Korean Institute of Industrial Engineers
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• v.28 no.3
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• pp.283-290
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• 2002

Two-level fractional factorial designs are widely used when many factors are considered. When two-level fractional factorial designs are used, some effects are confounded with each other. To break the confounding between effects, we can use fractional factorial designs, called fold-over designs, in which certain signs in the design generators are switched. In this paper, optimal fold-over designs with four-level quantitative and two-level factors are presented for (1) the initial designs without curvature effect and (2) those with curvature effect. Optimal fold-over design tables are provided for 8-run, 16-run, and 32-run experiments.

• Korea Trade Review
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• v.44 no.3
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• pp.123-136
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• 2019

This study investigates the facilitating factors of FDI (foreign direct investment) inflows in 15 developing countries of three continents (Asia, Latin America, and Africa) using fixed-effect panel regression analysis with 30-year macro socio-economic data. The facilitating factors of FDI inflows in each continent differed. In Asia, labor compensation, GDP, consumer expenditure, human capital, and export facilitated FDI inflows in decreasing order, as did export, total factor productivity, GDP, and human capital in Latin America, and investment expenditure, human capital, government expenditure, and export in Africa. Most importantly, the character of cost saving efficiency-seeking investment was very strong in Asia. Also, third-party export-oriented investment and economic growth-oriented investment were shown in Latin America and Africa, respectively.