manufacturing sector is associated with a higher productivity growth in the whole economy. Meanwhile, the service sector expansion … diminish if such expansion is accompanied by higher productivity in the service sector. Thus it will be desirable to achieve a … sector, rather than merely by focusing on its expansion in size. To boost the productivity of the service sector, we need to …

sluggish growth, due mainly to a drop in total factor productivity. It suffered from the economic crisis in the 1990s, and … after 2000 the low growth pattern was maintained as productivity continued to remain sluggish amid a lower input growth rate … productivity in the wake of sanctions. We believe that the negative GDP growth rate during the so-called “Arduous March Period …

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 …