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A new approach to testing marginal productivity theory
Biewen, Martin; Weiser, Constantin - 2011
We address the long standing question of whether production factors are paid their marginal products. We propose a new approach that circumvents the need to specify production functions and to compare marginal products to factor payments. Our approach is based on a simple equation that directly...
Persistent link: https://www.econbiz.de/10009519880
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Analysis of pay inequality and its impacts on growth and performance in the Korean manufacturing industry
Kim, Yunhee (contributor); Lee, Jeong-dong (contributor);  … - 2008
This paper examines the relationship between pay inequality, economic growth, and performance in Korea. Pay inequality is estimated by using Theil's index to identify the factors determining the level of pay inequality, and establish its relationship with economic growth and performance. For the...
Persistent link: https://www.econbiz.de/10003769576
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Why do South Korean firms produce so much more output per worker than Ghanaian ones?
Baptist, Simon; Teal, Francis J. - 2015
Macro analysis of the sources of income differences has produced very different results as to the importance of education. In this paper we investigate the roles of education and technology in explaining differences in firm level productivity across Ghana and South Korea. The labour productivity...
Persistent link: https://www.econbiz.de/10011289948
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Measurement of environmentally sensitive productivity growth in Korean industries
Chung, Yeimin; Heshmati, Almas - 2013
This study measures productivity growth using the Metafrontier Malmquist-Luenberger productivity growth index (MML index) method and decomposes the index. The results are compared with those obtained from the conventional Malmquist-Luenberger (ML) productivity growth index. MML has two...
Persistent link: https://www.econbiz.de/10009717884
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Production risk, energy use efficiency and productivity of Korean industries
Khayyat, Nabaz T.; Heshmati, Almas - 2014
use among the individual industries as well as over time; second, information and communication technology (ICT) capital …
Persistent link: https://www.econbiz.de/10010339594
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How ICT investment and energy use influence the productivity of Korean industries
Khayyat, Nabaz T.; Lee, Jongsu; Heshmati, Almas - 2014
investment in information and communication technology (ICT) and energy use, influence productivity levels. A dynamic factor …
Persistent link: https://www.econbiz.de/10010339597
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Innovation and SMEs patent propensity in Korea
Han, Junghee; Heshmati, Almas - 2015
This paper analyzes the patent propensity as an outcome of innovative activities of regional SMEs. To achieve the aims, we apply robust regression analysis to estimate the models to test 5 research hypotheses using 263 firm level data located at Gwangju region in Korea. Our empirical results...
Persistent link: https://www.econbiz.de/10010470885
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Knowing is not half the battle : impacts of the national health screening program in Korea
Kim, Hyuncheol Bryant; Lee, Suejin; Lim, Wilfredo - 2017
Health screening provides information on disease risk and diagnosis, but whether this promotes health is unclear. We … setting, information on disease risk and prompting for a secondary examination vary at different biomarker thresholds. We find … evidence for increased diabetes medication and weight loss around the high risk threshold for diabetes, where information is …
Persistent link: https://www.econbiz.de/10011631590
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Aggregate impacts of a gift of time
Lee, Jungmin; Kawaguchi, Daiji; Hamermesh, Daniel S. - 2011
cuts in legislated standard hours that raised employers' overtime costs in Japan around 1990 and Korea in the early 2000s …
Persistent link: https://www.econbiz.de/10009523511
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Brides for sale : cross-border marriages and female immigration
Kawaguchi, Daiji; Lee, Soohyung - 2012
from Japan, Korea, Singapore, and Taiwan. -- immigration ; marriage ; sex ratio imbalance ; international marriages ; cross …
Persistent link: https://www.econbiz.de/10009534886