The Impact of Labour Markets on Specialist Manpower

ABSTRACT A major problem to be faced in the coming decade is ensuring an adequate supply of trained staff to innovate and exploit new technologies. Historically this has often been defined as a macroeconomic supply-demand issue, to do with generating people from the educational sector with the appropriate mix of expertise in the numbers required to meet demand in the industrial sector. In this paper the author makes the case that the concept of 'expertise' is not as simple as a supply-demand view assumes. The definition of what is appropriate expertise for given jobs—technical and managerial—seems to be heavily influenced by who is trying to gain control over whom, a phenomenon that can also be seen at work in situations as diverse as shopfloor demarcations and the behaviour of professional bodies. If this is the case, the solution to the supply-demand problem may well lie in the hands of the individual firm and its manpower policies, rather than in the overhaul of national systems of education.     

The Political Representation of the Labour Interest in Britain

This article analyses the condition of the labour alliance of the Labour Party and its affiliated unions in the light of a recent typology of union–party links, and of Lewis Minkin's seminal study of the British union–party link. We conclude that, while the link appeared to have stabilized before the general election in 2001, it has become much more volatile since, although the new group of more left‐wing leaders of major unions remains determined to reassert the union position inside the party rather than radically change the union–Labour relationship.     

The Domestic Sources of Differences in Labour Market Policies

In this article we analyse what drives both the specific choices and the relative amount of change in labour market policies in two countries, Britain and Spain, in the 1990s. Although we find more substantial and radical labour market reform in Britain, Spain experienced greater union inclusion in policy‐making. We examine the roles of economic institutions and the ideology of the governing party and find that neither accounts satisfactorily for the labour market changes in our cases. Domestic political variables, especially electoral factors and the power and autonomy of government, give more insight into the similarities and differences between the two countries.     

The Treatment of Market Power in Korea

Competitive forces have been relatively weak in Korea. Control of the chaebols' diversified expansion and conglomerate power has been a primary object of government policies. Competition law and policy has been expanded to include direct controls on chaebols, but it has been rather ineffective in resolving chaebol-related problems mainly because of insufficient attention having been paid to the problems of market power. Attempts to rein in chaebols by direct controls, without enhancing competitive forces, will be in vain, insofar as chaebol problems are really symptoms of their entrenched market potions in a non-competitive environment.     

Promoting Labour Market Efficiency and Fairness through a Legal Minimum Wage: The Webbs and the Social Cost of Labour

Neoclassical economists, using a competitive demand/supply model of labour markets, typically conclude a legislated minimum wage is harmful to economic efficiency and social welfare. The major theoretical counter-attack by proponents of a minimum wage is to argue that low-wage labour markets are better modelled as monopsonistic. This article develops and formalizes a second theoretical defence for a legal minimum wage law. This defence rests on the concept of the social cost of labour , as originally popularized by Sidney and Beatrice Webb and then further developed by American institutional economists. This analysis is unique in that it continues to use the competitive demand/supply model but nonetheless demonstrates that a legislated minimum wage often simultaneously increases both economic efficiency and fairness, unlike the neoclassical prediction.     

YTS and the Labour Market

This article contains results from a survey of the influence of the Youth Training Scheme (YTS) in the labour market. Tighter conditions in this market in 1989 led to changes in the role of the YTS towards recruitment and training rather than job creation. The effectiveness of YTS in meeting skill shortages is examined, as are the motives of employers who participate in the scheme and the extent to which trainees aim for qualifications. Youth training for the labour markets of the 1990s is considered in relation to expected future trends in the demand for skilled labour in that period.     

Wages and the Labour Market

In contrast to the traditions of social science, the argument made here is that wage structures are not to be explained by reference to an underlying economic or social rationale through which they contribute to the efficient or smooth functioning of an economy or society. Theories of wages have overstressed coherence and functionality and underplayed conflict and contradictions and the scope for discretionary, random or opportunistic decisions. Wage structures have been held partially in check in the past by institutional and social processes which linked wages across the labour market. Many of these processes, from industry-level pay bargaining to concepts of fair wages, 'going rates' or the family wage, have disintegrated in the 1980s and 1990s. More attention needs to be paid to the role of wages in the redistribution of resources and to the need to re-regulate the labour market.     

韩国文化产业的发展现状

论述了韩国文化产业的发展历程,并例举了韩国的核心文化产业动漫、影视、游戏的发展现状及取得的骄人成绩,韩国的文化产业发展值得我们借鉴。     

Labour Intensification, Work Injuries and the Measurement of Percentage Utilization of Labour (PUL)

Labour intensification has often been assumed to be related to industrial safety, but surprisingly different views of this relationship have been held and systematic enquiry is lacking. A measure called the percentage utilization of labour (PUL) claims to monitor the intensity of labour in British manufacturing and therefore potentially affords the opportunity for a much more systematic investigation into the effects of labour intensity on industrial safety than has ever been possible before. This paper introduces the PUL measure and indicates why it might be thought particularly likely to register an increase in the 1980s. It then examines variation in PUL and in industrial injury rates in British manufacturing, both in the early part of the 1980s and over a longer period, in order to assess whether changes in PUL have tended to be associated with changes in safety. No consistent relationship is found. The evidence presented is reviewed, and the relationship between industrial injury rates, intensification of labour and the adequacy of the PUL measure for safety research is reconsidered.     

The Roles Incubator Organizations in Hi-Tech Venture Creation in Korea

In order to examine the roles of incubator organizations (places where entrepreneurs work before they start their ventures), ten high-tech venture founders were interviewed. Based on these interviews, their experience at incubator organizations and subsequent performance were analyzed, and 11 hypotheses regarding the characteristics of incubator organizations were formulated. The hypotheses are: high-tech venture are more likely to succeed if their founders have had the opportunity to prepare a business plan, to develop the prototype of a new product, to be acquainted with other disciplines, to work together as a team, and to acquire various kind of capabilities such as market-specific know-how, entrepreneurial skills and financing know-how at incubator organizations. However, it is hypothesized that the opportunity to acquire technological know-how and traditional managerial skills at incubator organizations are not positively correlated with venture success. The technological know-how and managerial skills could be regarded as a necessary but not sufficient condition for successful ventures. As the first study about Korean incubator organizations, the cases and the discussion of the hypotheses provide insights and implications for future studies.     

Imports as Product and Labour Market Discipline

This article tests the pro‐competitive effect of trade in the product and labour markets of UK manufacturing sectors between 1988 and 2003 using a two‐stage estimation procedure. In the first stage, we use data on 11,799 firms from 20 manufacturing sectors to simultaneously estimate mark‐up and workers' bargaining power parameters according to sector, firm size and period. We find a significant drop in both the mark‐up and the workers' bargaining power in the mid‐1990s. In the second stage, we relate our parameters of interest to trade variables. Our results show that imports from developed countries have significantly contributed to the decrease in both mark‐ups and workers' bargaining power.     

Labour Market Dualism and Diversification in Japan

The Japanese labour market has been regarded as ‘dualistic’ in terms of employment status (regular vs non‐regular). While it is true, this perspective misses recent changes in regular employment in terms of labour flexibility. The government has attempted labour market deregulation since the 1990s to increase the flexibility of not only non‐regular but also regular employment, and the labour market has become more diversified. Labour unions lack power resources to resist these neoliberal changes, however, because of their insufficient access to policy‐making, low union density and a lack of solidarity against the background of economic stagnation and competition under globalization.     

Labour Market Incentive Structures and Employee Performance

Abstract : This paper uses data from the International Social Science Programme Work Orientations Module to investigate whether there is empirical support for Soskice's (1990, 1991) hypothesis that there is a difference in labour market incentive structures between northern European 'flexibly co-ordinated' systems and the 'uncoordinated' or 'deregulated' systems of the UK and the USA, which generates improved employee co-operation and performance in the former. Labour markets in 'uncoordinated' systems are found to generate the better employee work performance. Little support is found for the existence of a 'flexibly co-ordinated' type of labour market incentive structure. Instead, labour market incentive structures are found to be heterogeneous.     

Industrial Districts and Migrant Labour in Italy

Both the flexibility of labour and wider sociocultural issues have historically been identified as important dimensions of the economic success of Italy's industrial districts. Increasing numbers of labour migrants from Africa, Asia and Eastern Europe are now working in industrial districts and living in local communities previously characterized as socially cohesive. Immigration status, Italian employment legislation and the micro‐level conditions prevailing in districts appear as key issues affecting employment relationships for labour migrants, and the social cohesiveness seen to contribute to the success of industrial districts is being undermined through the treatment of labour migrants as people outside the national Italian community in terms of rights and other markers of citizenship.