A Longitudinal Analysis of Inter-industry Wage Differentials in the Korean Labor Market PDF Download
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Author: Donghun Cho
Publisher:
ISBN: 9788973566266
Category : Labor market
Languages : en
Pages : 20
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Book Description
Author: Donghun Cho
Publisher:
ISBN: 9788973566266
Category : Labor market
Languages : en
Pages : 20
Get Book Here
Book Description
Author: Byung-Ju Lee
Publisher:
ISBN:
Category : Industries
Languages : en
Pages : 154
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Book Description
Author: Laurie Allison Donitz
Publisher:
ISBN:
Category :
Languages : en
Pages : 114
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Book Description
Author: Marion Smith Picard
Publisher:
ISBN:
Category : Occupational mobility
Languages : en
Pages : 220
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Book Description
Author: John P. Haisken-DeNew
Publisher:
ISBN:
Category :
Languages : en
Pages : 68
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Book Description
Author: Per-Anders Edin
Publisher:
ISBN:
Category : Wage differentials
Languages : en
Pages : 60
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Book Description
Author: Sung-Joong Kim
Publisher:
ISBN:
Category : Industrial hygiene
Languages : en
Pages : 224
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Author: Baik Nam Sung
Publisher:
ISBN:
Category :
Languages : en
Pages : 242
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Author: Dongsoo Kim
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
In general, wage differential is recognized as an important factor in migration, which is crucial to an economy. It is a key issue, especially in Korea, which faces “mono-centric development” around the capital area. Therefore, the purpose of this paper is to identify the determinants of inter-city and intra-city wage differentials and to identify some implications in regional policy. Since 2003, Korea has taken regional policy more seriously; because the over-concentration issue has been gaining more attention not only in academic side but also in terms of its social effects. As regional disparity between the capital area and non-capital area has increased, balanced development has been come more into focus. In order to analyze regional disparity across regions and within regions, we need to first identify income levels. However, there was no appropriate measurement to compare regional economies except Gross Regional Domestic Product(GRDP), which deals with the production side. This measure may not reflect individual behavior in choosing their location. Therefore, it is not an appropriate proxy for regional income level. On the other hand, wages, the cost of living, and amenities are the most important factor in choosing resident location according to the Roback model. Therefore, it is necessary to determine the wage level across regions. For that, city boundaries are supposed to be delineated in terms of economic geography, which is different according to administrative district in general. Since metropolitan areas are usually defined by commuting flow, Korean Metropolitan Statistical Areas(MSAs) delineated by Kim et al.(2008) has been used here to determine the economic spatial range of cities.This research contributes to regional economic analysis comparing wage differentials among and within cities in Korea in that this is a first attempt to compare wages across cities. Further, inter-city wage differentials were measured by average wage in the MSAs and intra-city wage differentials was measured by the wage ratio of high income occupations to low income occupations. Then, the determinants of those wage differentials were analyzed for regional policy implications.
Author: Franziska Ohnsorge
Publisher: World Bank Publications
ISBN: 1464817545
Category : Business & Economics
Languages : en
Pages : 397
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Book Description
A large percentage of workers and firms operate in the informal economy, outside the line of sight of governments in emerging market and developing economies. This may hold back the recovery in these economies from the deep recessions caused by the COVID-19 pandemic--unless governments adopt a broad set of policies to address the challenges of widespread informality. This study is the first comprehensive analysis of the extent of informality and its implications for a durable economic recovery and for long-term development. It finds that pervasive informality is associated with significantly weaker economic outcomes--including lower government resources to combat recessions, lower per capita incomes, greater poverty, less financial development, and weaker investment and productivity.
