• Title/Summary/Keyword: Wage Effects

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Measuring Foreign Outsourcing and Labor Market Responses in US Manufacturing (해외 아웃소싱과 노동시장의 반응: 미국 제조업을 중심으로)

  • Choi, Minsik
    • Journal of Labour Economics
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    • v.30 no.2
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    • pp.119-148
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    • 2007
  • Foreign outsourcing, otherwise known as off-shoring, has become a matter of intense public debate and great concern in both developed countries and developing countries. Yet, there is a lack of good data on foreign outsourcing since the early 1990's. This paper presents updated measures of foreign outsourcing for the recent period. Its main findings are that the share of foreign-sourced goods in total manufactured inputs almost doubled-from 12.4 percent to 22.7 percent between 1987 and 2003. I then look at the relationship between the measure of foreign outsourcing activity and wages in US manufacturing industries in recent years from 1998 to 2003. The results show that for all workers, the outsourcing level is statistically significantly and negatively associated with industry wage premiums. The estimate suggests that a magnitude of 0.9 - a 9% decrease in industry wage premiums tends to accompany a 10% increase in industry outsourcing level. Outsourcing has a bigger effect on the less-skilled workers-industry outsourcing level increases by 10% and industry wage premiums decrease by about 11% in the case of less-skilled workers.

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Damaging effects and problems of recent labor law issues on the industrial workforce (최근 노동관계법 이슈가 산업인력에 미치는 영향과 과제)

  • Lee, Sang-hee
    • Journal of Engineering Education Research
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    • v.18 no.1
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    • pp.20-30
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    • 2015
  • The recent increase of wages is considered to be the result of lawsuits on ordinary wage expansion and the reduction of working hours. This may enlarge the wage gap between enterprise and small business, and thus worsen the insufficient supply of workforce to small businesses. Therefore, it is necessary to provide strategies to control the increase of wages in order to resolve the difficulty in the industrial workforce supply and to enforce the industrial competitiveness.

Impact Analysis of the Wage Subsidy Measures : Micro-effect Analysis on Long-term Job-seekers' Grant (임금보조금 사업의 효과분석 : 장기구직자 고용촉진 장려금에 대한 미시적 효과분석)

  • Chung, Yun-Tag;Kim, Won-Jung
    • Korean Journal of Social Welfare
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    • v.58 no.3
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    • pp.81-107
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    • 2006
  • This study begins with the assumption that the existing impact analysis studies did not present determinate criteria on which the studies were based. After we criticized the limitations of existing studies, we presented goal-based criteria and evaluated the long-term job-seekers subsidy as a case. This evaluation study is of micro-effect analysis which focuses on the effects on subsidized employees and employers. The Findings are: The subsidized employees were appropriately selected and can be taken as having difficulties in the labour market. The employment effect of the subsidy was significantly positive, though the wage effect was significantly negative. The effect of maintaining of skill measured by occupational mobility was positive, but not significant. The effect of increasing the quantity of employments in the subsidized companies were found significant. It could be proposed from the findings that the wage subsidy for the frail labour force is so effective as the subsidy for the employed labour force and could be boosted.

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Effects of Disability Acceptance of Wage Workers with Disability on Job Satisfaction - Moderated Effect of Employment Type and Mediated Effect of Inter Personal Skill (임금근로 장애인의 장애수용이 직무만족도에 미치는 영향 - 고용형태의 조절효과와 대인관계의 매개효과 -)

  • Kim, Seok-Keun;Ko, Jeong-hoon
    • The Journal of the Korea Contents Association
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    • v.21 no.3
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    • pp.796-808
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    • 2021
  • This study examines the relationship of disability acceptance, interpersonal skill with job satisfaction to improve the job satifaction of the disabled in wage work. The study also examines the moderated effect of employment type and the mediated effect of interpersonal skill. the research used data from the 2nd wave of the Panel Survey of Employment for the Disabled(PSED) in Years 1-4(2016-2019), AMOS 22 was to analyze the paths between variables. The result of the study are as follows. First, The job satisfaction of the disabled in wage work differed significantly in educational background, age group, and working period. But, there was no significant difference in gender. Second, disability acceptance has been shown to have a significant positive effect on job satisfaction. Third, interpersonal skill have been shown to have a positive mediated effect in the relation between disability acceptance and job satisfaction. Fourth, the relation between disability acceptance and job satisfaction revealed that employment type have a negative significant moderating effect. Based on the result, Welfare practices for disability acceptance, interpersonal skill, and employment were proposed in order to promote job satisfaction for the disabled.

The Effect of Social Capital of Wage Workers with Acquired Disabilities on Organizational Commitment: Focusing on the Comparison of Degree of Disability (중도장애인 임금근로자의 사회적 자본이 조직몰입에 미치는 영향: 장애정도 비교 중심으로)

  • Kim, Soung-Wan
    • The Journal of the Korea Contents Association
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    • v.21 no.12
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    • pp.546-558
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    • 2021
  • This study aims to analyze the effects of the social capital of wage workers with acquired disabilities on organizational commitment, depending on the degree of their disabilities. The survey included 187 people with severe acquired disabilities and 606 people with moderate acquired disabilities, who participated in the 8th (2015) panel survey of employment for the disabled. Multiple regression analysis was performed: the results identified that the official network activity increased for people with both severe and moderate acquired disabilities and contributed to the improvement of organizational commitment. Further, women had a significant influence on organizational commitment. In the case of people with severe acquired disabilities, it was also found that, as social participation increased, organizational commitment decreased. In the case of people with moderate acquired disabilities, individuals who were healthier, more regular workers, and had higher qualifications had a greater positive the impact on the organizational commitment. Based on the results of this study, ways to increase social capital and organizational commitment of wage earners with severe and moderate acquired disabilities are suggested.

A Comparative Study of family gap in Welfare States :The Role of family policy and labor market structure (복지국가의 '자녀유무별 여성임금격차(Family gap)' 비교연구 : 가족정책과 노동시장구조의 영향을 중심으로)

  • Huh, Soo Yeon
    • Korean Journal of Social Welfare Studies
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    • v.41 no.2
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    • pp.279-308
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    • 2010
  • This study examines the association between family policies and family gap using data for 14 OECD countries. As family policies have different assumptions about women's roles and include variant sub-policies, this study identify two distinct family policies: 'employment support policy' to support women as employed workers and 'caregiving support policy' to support women as caregivers. Meanwhile, women's wage cannot be determined by the effect of 'only' family policy. Therefore, analysis model includes variant macro structure supposed to affect women's labor status and wage, like labor market structure, wage structure(compression), women's social status and economic status, and examines interaction effects between family policies and these labor market and social structures using Fuzzy-Set Qualitative Comparative Analysis (FSQCA). The FSQCA result shows that relatively low family gap is associated with the conjunctual causation of developed 'employment support policy' and compressed wage structure.

The Effect of Trade Liberalization on Labor Market (무역자유화가 노동시장에 미치는 효과 - 산업수준에서의 고용조정 속도와 고용의 임금탄력성에 미치는 효과를 중심으로 -)

  • Bai, Jin Han
    • Journal of Labour Economics
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    • v.37 no.4
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    • pp.25-57
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    • 2014
  • Analysing the effects of expanded trade liberalization on the domestic labor market such as the flexibility of employment adjustment and the wage elasticity of employment etc. with industry base data, we get some important results as follows. The speed of employment adjustment in whole industries is turned out to be more rapid on the employee basis than on the whole worker basis. And the speed of employment adjustment is more rapid in the industries with high level of import ratio than those with high level of export ratio. In sum, viewing on the employee basis, the expanded trade liberalization makes the speed of employment adjustment slower slightly in individual industry level, and it is led mainly by the effects of export ratio rising. In case of the wage elasticity of employment, it becomes to be much higher as rates of openness or export ratios go higher, so the environment of jobless growth seems to be much more strengthened in this country.

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Minimum Wages and Employment of Youth, Old, and Woman by Region : With Special Reference to Use of Wage Distribution Differentials among Regions (최저임금과 지역별 청년·장년·여성 고용 - 지역 간 임금분포 격차 활용을 중심으로 -)

  • Bai, Jin Han
    • Journal of Labour Economics
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    • v.42 no.1
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    • pp.1-42
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    • 2019
  • In this study we find that relatively high minimum wages should make the employment ratios of youth, old, and woman lower very significantly in those regions concerned, futhermore, make the overall employment ratios of those regions lower also by using a proxy variable, the Regional Minimum Wages-Half Median Wages Ratio which represents well the very stable differential structure of wage distributions among regions in Korea. In large Cities those effects become much stronger. But we find also that those effects on the rates of regional unemployment are somewhat double-faced except the case of youth because of the probable generating of many discouraged unemployed among the old and women. So, we can conclude that because of the differential regional economic situations it is not sustainable to increase the overall minimum wages uniformly and excessively and strongly necessary to explore ways toward introducing the proper system of regional minimum wages.

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Occupational Mobility Patterns and Determinants among Youth Wage Workers in the Local Labor Market, Korea (지역노동시장 수준에서 청년층 임금근로자의 직업이동 패턴과 영향요인 분석)

  • Changhyun Song;Up Lim
    • Journal of the Korean Regional Science Association
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    • v.39 no.3
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    • pp.49-63
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    • 2023
  • This study investigates the occupational mobility patterns of young wage employees at the local level of the labor market and empirically examines the interplay between worker-level and local labor market-level determinants between 2010 and 2020. The 4th to 14th waves of the Youth Panel 2007 were integrated with the Korea Network for Occupations and Workers and the Local Area Labor Force Survey for estimation using hierarchical linear model. Our results indicate that Gross Regional Domestic Product per capita is key determinant of occupational upward mobility. Also, Estimates of employment size, population density, and the unemployment rate of local labor market have different effects depending on the education level and occupational location of youth workers, suggesting that the effects of structural factors of local labor market may not be distributed equally among all youth wage workers. The findings have policy implications regarding the recent rise in inequality and polarization in local labor markets.

The Effects of Differences in Regional Market Potential on the Wage Level: The Case of Korea (우리나라의 지역별 시장잠재력의 차이가 임금수준에 미치는 영향)

  • Ku Sang You;Ho Yeon Kim
    • Journal of the Economic Geographical Society of Korea
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    • v.27 no.2
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    • pp.120-132
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    • 2024
  • In this paper, we examine how the market potential affects wages in the regions of Korea. Following Fallah et al.(2011), we construct a panel data set spanning from 2013 to 2020. After removing the characteristics that do not vary by region, changes in average wages were analyzed using a fixed effects model. Controlling for such region-specific characteristics as human capital, industrial structure, and population, the impact of market potential on wages was analyzed by first examining the entire group of cities in Korea, followed by just metropolitan areas and then small cities only. The regional wages are seen to increase across the board when the market potential improves. It was also found that, when the market potential increases, the resulting wage hike of small cities tends to be greater than that of large metropolitan areas.