1980년대 이후 한국경제에서 산업부문간 가치분배구조의 변화 및 변동요인에 관한 분석

Abstract

The purpose of this study is to analyze the structural changes of value distribution between industries and the causes of these changes in the korean economy during 1983-2003. For this purpose, this study introduces a new concept of ‘the social valuation degree of labor(G)' in the analysis, which is the rate of converting the concrete labor of one hour in an individual industry into the social abstract labor or social value. If we accept the concept of ‘the social valuation degree of labor(G)', we can also show that the structural changes of value distribution between industries are explained by two causes, that is to say, the changes of relative prices and the differences of productivity between industries. According to these concepts, this study performs an empirical analysis to the korean economy and comes to get the results as follows. First, manufacturing industry, as a gaining sector, has continuously taken a superior position to other industries in the structure of value distribution since 1980s. Second, the superior position of manufacturing industry in the structure of value distribution is explained by the superior productivity to other industries rather than the advantage in the changes of relative prices. Finally, in the korean economy, the productivity of individual industry has been more important factor than the relative prices to determine the competitive position in the structure of value distribution. Consequently, we can say that, like inflationary effects that could distort the structure of relative prices, monetary factors has not dominantly worked on the korean economy enough to offset the effect of productivity on the structure of value distribution.