Transition toward Knowledge-Based Industries and Women's Labor Market in Korea

Jin Hwa Jung is a Research Fellow at the Korea Institute for Industrial Economics and Trade (KIET) in Seoul, Korea, and currently a Visiting Scholar at the Institute for Research on Women and Gender (IRWG), Stanford University. She earned her Bachelor's and Master's degrees at Seoul National University, and Ph.D. degree in economics at the University of Illinois at Urbana-Champaign. Dr. Jung has undertaken substantial work on the analysis of the Korean labor market. Her current research focuses on the gender differences in employment and wage structures in the industries with differing knowledge intensity. Abstract: Knowledge-based industries have taken an increasingly large role in the Korean economy since the mid-1980s in terms of value-added, employment, and productivity growth. Compared with traditional industries, knowledge-based industries are characterized by higher ratio of knowledge-intensive jobs, higher wage rates, and higher wage growth in the recent past. In particular, the gender wage gap is less noticeable in knowledge-based industries and, more importantly, less attributable to non-productivity-related discrimination against women. Policies to promote women's employment and career development in knowledge-based sectors are called for.