IDEAS home Printed from https://ideas.repec.org/a/ucp/jlabec/v14y1996i2p254-85.html
   My bibliography  Save this article

Economic Growth and Multiskilled Workers in Manufacturing

Author

Listed:
  • Park, Ki Seong

Abstract

This article analyzes the causes of workers' multiskill training and, based on a survey of manufacturing plants and workers in South Korea, concludes that multiskill capability arises from specific on-the-job training paid for by the firm. The author describes various aspects of multiskilled workers and sets up a theoretical model in which multiskilled workers are assumed to be more productive than specialized workers for producing a new product but less productive for producing an existing product. The model entails several implications, including a positive cross-sectional correlation between the proportion of multiskilled workers and the growth rate of labor productivity. Copyright 1996 by University of Chicago Press.

Suggested Citation

  • Park, Ki Seong, 1996. "Economic Growth and Multiskilled Workers in Manufacturing," Journal of Labor Economics, University of Chicago Press, vol. 14(2), pages 254-285, April.
    • Handle: RePEc:ucp:jlabec:v:14:y:1996:i:2:p:254-85
    DOI: 10.1086/209811
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.1086/209811
    File Function: full text
    Download Restriction: Access to full text is restricted to subscribers. See http://www.journals.uchicago.edu/JOLE for details.
    File URL: https://libkey.io/10.1086/209811?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Lucas, Robert E, Jr & Prescott, Edward C, 1971. "Investment Under Uncertainty," Econometrica, Econometric Society, vol. 39(5), pages 659-681, September.
    2. anonymous, 1971. "Monetary aggregates and recent economic trends," Review, Federal Reserve Bank of St. Louis, vol. 53(Apr), pages 2-9.
    3. anonymous, 1971. "The economy: a moderate recovery," Review, Federal Reserve Bank of St. Louis, vol. 53(May), pages 2-7.
    4. Gary S. Becker & Kevin M. Murphy, 1994. "The Division of Labor, Coordination Costs, and Knowledge," NBER Chapters, in: Human Capital: A Theoretical and Empirical Analysis with Special Reference to Education, Third Edition, pages 299-322, National Bureau of Economic Research, Inc.
    5. N/A, 1971. "Chapter II: The World Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 57(1), pages 21-34, August.
    6. N/A, 1971. "The Economic Situation," National Institute Economic Review, National Institute of Economic and Social Research, vol. 56(1), pages 4-21, May.
    7. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
    8. N/A, 1971. "The Economic Situation," National Institute Economic Review, National Institute of Economic and Social Research, vol. 56(1), pages 22-35, May.
    9. Milgrom, Paul & Roberts, John, 1990. "The Economics of Modern Manufacturing: Technology, Strategy, and Organization," American Economic Review, American Economic Association, vol. 80(3), pages 511-528, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bishnu, Monisankar & Ghate, Chetan & Gopalakrishnan, Pawan, 2016. "Factor income taxation, growth, and investment specific technological change," Economic Modelling, Elsevier, vol. 57(C), pages 133-152.
    2. Shingo Takahashi, 2011. "How Multi-Tasking Job Designs Affect Productivity: Evidence from the Australian Coal Mining Industry," ILR Review, Cornell University, ILR School, vol. 64(5), pages 841-862, October.
    3. Sinan Aral & Erik Brynjolfsson & Marshall Van Alstyne, 2012. "Information, Technology, and Information Worker Productivity," Information Systems Research, INFORMS, vol. 23(3-part-2), pages 849-867, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Lucas, Robert E, Jr, 1996. "Nobel Lecture: Monetary Neutrality," Journal of Political Economy, University of Chicago Press, vol. 104(4), pages 661-682, August.
    2. Shaw, Kathryn L, 1996. "An Empirical Analysis of Risk Aversion and Income Growth," Journal of Labor Economics, University of Chicago Press, vol. 14(4), pages 626-653, October.
    3. Lucio Bertoli-Barsotti, 2001. "Some remarks on Lorenz ordering-preserving functionals," Statistical Methods & Applications, Springer;Società Italiana di Statistica, vol. 10(1), pages 99-112, January.
    4. Steven N. Durlauf & Ananth Seshadri, 2003. "Is assortative matching efficient?," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 21(2), pages 475-493, March.
    5. Krishna, Pravin & Levchenko, Andrei A., 2013. "Comparative advantage, complexity, and volatility," Journal of Economic Behavior & Organization, Elsevier, vol. 94(C), pages 314-329.
    6. Edward L. Glaeser, 1998. "Are Cities Dying?," Journal of Economic Perspectives, American Economic Association, vol. 12(2), pages 139-160, Spring.
    7. Esteban Rossi-Hansberg & Mark L. J. Wright, 2007. "Urban Structure and Growth," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 74(2), pages 597-624.
    8. repec:hal:spmain:info:hdl:2441/4cufqrm9749dbol0m0bsfeopka is not listed on IDEAS
    9. Theodore Papageorgiou, 2022. "Occupational Matching and Cities," American Economic Journal: Macroeconomics, American Economic Association, vol. 14(3), pages 82-132, July.
    10. Youngho Kang & Jeongmeen Suh, 2022. "Information technology and the spatial reorganization of firms," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 31(3), pages 674-692, August.
    11. Oscar Afonso & AGUIAR, Alvaro, 2004. "Human Capital Accumulation and Wage Inequality with Scale-Independent North-South Technological Diffusion," DEGIT Conference Papers c009_026, DEGIT, Dynamics, Economic Growth, and International Trade.
    12. Zakaria Babutsidze & Maurizio Iacopetta, 2016. "Innovation, growth and financial markets," Journal of Evolutionary Economics, Springer, vol. 26(1), pages 1-24, March.
    13. Xavier Ragot, 2003. "Croissance et division du travail," Post-Print hal-03475968, HAL.
    14. Steven N. Durlauf, 1993. "Nonergodic Economic Growth," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 60(2), pages 349-366.
    15. repec:spo:wpmain:info:hdl:2441/4cufqrm9749dbol0m0bsfeopka is not listed on IDEAS
    16. Marco Capasso & Nelson Correa, 2010. "ICT and Knowledge Complementarities: A Factor Analysis on Growth," Chapters, in: Mario Cimoli & André A. Hofman & Nanno Mulder (ed.), Innovation and Economic Development, chapter 8, Edward Elgar Publishing.
    17. Tamura, Robert, 2002. "Human capital and the switch from agriculture to industry," Journal of Economic Dynamics and Control, Elsevier, vol. 27(2), pages 207-242, December.
    18. P. Dorian Owen & R. Quentin Grafton & Tom Kompas, 2004. "Productivity, Factor Accumulation and Social Networks: Theory and Evidence," Econometric Society 2004 Australasian Meetings 224, Econometric Society.
    19. Shiro Kuwahara & Akihisa Shibata, 2006. "The Role Of Expectations In A Specialization-Driven Growth Model With Endogenous Technology Choice," Division of Labor & Transaction Costs (DLTC), World Scientific Publishing Co. Pte. Ltd., vol. 2(01), pages 55-69.
    20. Mewes, Lars & Broekel, Tom, 2022. "Technological complexity and economic growth of regions," Research Policy, Elsevier, vol. 51(8).
    21. Doran, Justin, 2012. "Are different forms of innovation complements or substitutes?," MPRA Paper 44580, University Library of Munich, Germany.
    22. Anna Valero, 2021. "Education and management practices," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 37(2), pages 302-322.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ucp:jlabec:v:14:y:1996:i:2:p:254-85. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Journals Division (email available below). General contact details of provider: https://www.journals.uchicago.edu/JOLE .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.