rate of total factor productivity. In addition, the first gradual decline in trend growth, which started in the late 1980s …

English Abstract: This paper explores the role of human capital in explaining labor productivity growth in Korea … expenditures. This human capital growth explains about 30% of the labor productivity growth. The result also implies that the … downward trend in Korea's labor productivity growth since 2001 is mainly due to a decline in both capital deepening and TFP …

. While many studies on country technology competitiveness use the aggregate indices such as total factor productivity and … to see the effect of the product differentiation on labor productivity …

생산성갭이 크게 축소된 제조업은 혁신주도형 (innovation-based) 성장전략이 적합하고, 선진국에 비해 생산성 수준이 낮은 서비스업은 투자주도형 (investment-based) 성장전략이 유효함을 시사한다. 한편 …English Abstract: Labor productivity growth in Korea has been slowing down across all industries in the 2000s, which … has acted to lower national economic growth substantially. The productivity gap between Korea and advanced economies has …

contributions to total factor productivity growth for manufacturing, using the Korean plant-level manufacturing data for the period … the marginal productivity increase of each vintage of equipment over time. We find that the rate of embodied technological …