• Title/Summary/Keyword: growth and productivity

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The Effects of Strategic Goods Control on Productivity: The Case of Korea

  • Min Hye Moon;Yong Joon Jang
    • East Asian Economic Review
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    • v.27 no.2
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    • pp.89-114
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    • 2023
  • This paper empirically examines how controlling strategic goods affects productivity by focusing on Korean industries from 2015 to 2019. We hypothesize that strategic goods control positively affects productivity because it promotes international trade by making up for market failures, building up national credibility, and stabilizing market environment; in turn, international trade contributes to productivity growth. The regression results are congruent with our hypothesis. The effects of strategic goods control on productivity were positive and statistically significant in general. These positive effects were more prominent in the group of industries that include strategic goods and, thus, are technologically intensive. The results also support that international trade is a key medium for the effects of strategic goods control on productivity. Consequently, our empirical results support government policy on strategic goods control, ensuring that strategic goods control can contribute to economic growth by reducing diplomatic friction and stabilizing the global market.

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.

Low-Carbon, Green-Growth and Empirical Analysis on Potential for Accomplishment by Industries (저탄소 녹색성장과 산업의 잠재성과에 관한 실증분석)

  • Lee, Myunghun
    • Environmental and Resource Economics Review
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    • v.20 no.1
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    • pp.99-118
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    • 2011
  • 'Low Carbon, Green Growth' may be the achievable target in industry section, depending on whether less reliance on fossil-fuels use can bring higher productivity growth in the long run. This paper tests for the short-run and long-run effects of investment on energy-saving equipments on productivity growth in the Korean manufacturing industries. The investment in energy efficiency causes an increase in costs (measurement effect) in the short-run, but in the long-run likely improve energy intensity and reduce costs (positive real effect) despite the delay in new other investment for technical innovation (negative real effect). A 2SLS regression was attempted to deal with endogeneity of energy-saving investment. The productivity effects were tested for five manufacturing sub-industries showing relatively high energy intensity with annual time series data from 1982 through 2006. No productivity effects were accepted for all five sub-industries except Chemical products. Positive real effect was considered to be exceeded by negative real effect, resulting in decreased productivity growth for Chemical products.

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Relationship between Egg Productivity and IGF-I Genotypes in Korean Native Ogol Chicken

  • Kim, M. H.;W. J. Kang;D. S. Seo;Y. Ko
    • Proceedings of the KSAR Conference
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    • 2003.06a
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    • pp.95-95
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    • 2003
  • Endocrine factors, such as steroid hormones and growth factors, regulate egg productivity including the number of egg production, egg weight, sexual maturity, and the number of small yellow follicles. Especially, insulin-like growth factor-I (IGF-I) is involved in the regulation of ovulation rate and ovarian follicular development in chickens, and the relationship between IGF-I genotype and egg weight was reported. However, the effect of grwoth factors on egg productivity in Korean Native Ogol Chicken (KNOC) has not been studied. Therefore this study was conducted to identify the relationship among endocrine factors, IGF-I genotypes, and egg productivity. IGF-I genotypes (AA, AB, BB) were represented to 12.6%, 34%, and 53.4%, respectively. AB genotype stimulates the secretion of estradiol and progesterone in serum (30 and 40 week), regulates growth and proliferation of follicles at 60 weeks, and is positively associated with the number of small yellow follicles. Therefore, these results suggest that there are possibility to IGF-I genotypes for a genetic marker in egg productivity of KNOC.

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Long-run Relationship between R&D Expenditures and Economic Growth (공적분 관계를 고려한 연구개발과 경제성장의 상호관계 연구)

  • Han, Woongyong;Jeon, Yongil
    • International Area Studies Review
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    • v.20 no.1
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    • pp.147-165
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    • 2016
  • We empirically examine the validity of second generation endogenous growth theory suing 21 OECD countries' panel data(1981~2011). Due to non-stationarity in all variables, we test the cointegrated relationships strongly supporting the semi-endogenous growth model. In the estimation of total factor productivity growth function, the growth of domestic and foreign R&D investment levels statistically significantly affect total factor productivity growth. R&D intensity, however, has significant impacts on the total factor productivity growth only in a few models, and international technology gap also has positive impacts on GDP growth. Thus the semi-endogenous growth model is relatively supported while fully endogenous growth model is weakly and occasionally supported in OECD countries. The policy implication of supporting the semi-endogenous growth model is that the sustaining growth requires increasing R&D expenditures.

Effect of Intracellular Calcium Level on the Hybridoma Cell Growth and Monoclonal Antibody Production (세포내 calcuim 농도가 하이브리도마 세포 성장 및 단일클론항체 생산에 미치는 영향)

  • 박재성;남민희;박선호
    • KSBB Journal
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    • v.13 no.5
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    • pp.585-592
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    • 1998
  • The effect of intracellular Ca2+ level on the hybridoma cell growth and monoclonal antibody(MAb) production was examined. For the manipulation of intracellular Ca2+ concentration, the cells were treated with A23187, ryanodine, and thapsigargin at about 1x106 cells/mL. The treated cells were recultivated by using the Iscove's Modified Dulbecco's Medium(MDM) containing 1.49mM CaCl2. The ryanodine-treated cells showed better cell growth, MAb concentration, and specific MAb productivity than others. In comparison with control, the maximum cell concentration, MAb concentration, and specific MAb productivity were increased by 40.6%, 48.1% and 83.3%, respectively. Confocal microscopic images of Fura-2/AM loaded cells indicate that the increase in intracellular Ca2+ level can enhance the MAb productivity by allowing the calcium influx into the endoplasmic reticulumn.

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A Study of Optimum Growth Rate on Large Scale Ingot CCz (Continuous Czochralski) Growth Process for Increasing a Productivity (생산성 증대를 위한 대구경 잉곳 연속 성장 초크랄스키 공정 최적 속도 연구)

  • Lee, Yu-Ri;Roh, Ji-Won;Jung, Jae Hak
    • Korean Chemical Engineering Research
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    • v.54 no.6
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    • pp.775-780
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    • 2016
  • Recently, photovoltaic industry needs a new design of Czochralski (Cz) process for higher productivity with reasonable energy consumption as well as solar cell's efficiency. If the process uses the large size reactor for increasing productivity, it is possible to produce a 12-inch, rather than the 8-inch. Also the continuous czochralski process method can be maximized to increase productivity. In this study, it was designed to improve the yield value of ingot with optimal condition which reduce consumption of electrical power. It has increased the productivity of the 12-inch ingot process condition by using CFD simulation. I have found optimal growth rate, by comparing each growth rate the interface shape, Temperature gradient, power consumption. As a result, the optimal process parameters of the growth furnace has been derived to improve for the productivity and to reduce energy. This study will contribute to the improvement of the productivity in the solar cell industry.

Effects of Ectomycorrhizal Fungi on Growth of Seedlings of Pinus densiflora

  • Sim, Mi-Yeong;Eom, Ahn-Heum
    • Mycobiology
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    • v.34 no.4
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    • pp.191-195
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    • 2006
  • This study was conducted to investigate the different effects of ectomycorrhizal fungal (ECMF) species on the growth of seedlings of Pinus densiflora, and the effects of ECMF diversity on plant productivity. A total of five species of ECMF were isolated from root tips of pine seedlings collected from Mt. Songni and used as inocula. Pots containing pine seedlings were inoculated with either a single ECMF species or a mixture of five ECMF species. All of the seedlings formed ECM on their roots except for the control plants. The pine seedlings' growth responses varied by the different ECMF species. Also, pine seedlings inoculated with a mixture of five ECMF species showed the highest growth response. The results of the study suggest that the colonization of diverse species of ECMF will increase plant productivity, and the selection of suitable ECMF species could be an important factor for plant growth.

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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A Study on the Shift to Service Economy and Changes on Labor Productivity in the Service Industry (서비스경제로의 이행과 노동생산성 변화에 대한 국제비교연구)

  • Ha, Bongchan
    • International Area Studies Review
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    • v.16 no.3
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    • pp.119-134
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    • 2012
  • This paper examines the shift to service economy in the developed countries including Korea and analyzes whether Baumol's cost disease hypothesis could explain the labor productivity growth in the developed countries even though the share of service industry is rising rapidly. We have found the following results: First, the shift to service economy is widely observed in the developed countries. Second, the productivity gap between manufacturing and service industry is widening as a result of stagnant productivity growth in service industry. Third, however, the productivity in the whole economy is still growing because of the large productivity differences among the sub-industries in service industry. Fourth, we have found that the productivities of some service industries, such as finance, communication, business service, etc., are almost same or larger than the productivity of manufacturing industry. From this fact it is likely that the productivity of the whole economy could grow in spite of the stagnant productivity growth in service industry.