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The formation and reproduction of self employment in a developing economy : An analysis of job-shift rates in the South Korean urban labor market

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  • The formation and reproduction of self employment in a developing economy
  • Yee, Jae Yeol
  • Seoul National University(Population and Development Studies Center)


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Title The formation and reproduction of self employment in a developing economy
Similar Titles
Sub Title

An analysis of job-shift rates in the South Korean urban labor market

Material Type Articles
Author(English)

Yee, Jae Yeol

Publisher

[Seoul]:Seoul National University(Population and Development Studies Center)

Date 1993-07
Journal Title; Vol./Issue Korea Journal of Population and Development:vol. 22(no. 1)
Pages 21
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Social Development < Employment
Holding Seoul National University

Abstract

Contrary to the advanced Western capitalist countries, South Korea, a rapidly growing economy, still maintains a significant proportion of self-employment which occupies more than 30 percent of the non-agricultural employment. In this paper, the job-shift rates between the self-employment sector and conventional employment in the organized sector are analyzed using job histories of 445 individuals. As a useful method, the competing risks model and the conditional probability model are tested. The result shows that when a person quits a conventional job in the organized sector, one confronts an equal chance to choose the next job in both sectors, whereas when one quits a self-employment job one has more chance to find the next job in the organized sector as an employee, especially when one is not successful in self-employment. The result shows that there is actually no barrier to entering the self-employment sector, but reproducing self-employment is a very selective and competitive process. The theoretical and methodological implications of these findings are discussed.