Korean Enterprises | Gender Wage Gap | Discriminatory Factors | Productivity Gap Factors | |
Overpayment of Men | Underpayment of Women | |||
LN (Wm-Wf) | Xm (Bm-B*) | Xf (B*-Bf) | (Xm-Xf) B* | |
Age | 0.09 | 0.14 | 0.001 | −0.05 |
Tenure | 0.23 | −0.005 | 0.12 | 0.12 |
Tenure**2 | −0.05 | 0.01 | 0.002 | −0.06 |
University Education or Greater | 0.01 | 0.005 | 0.01 | −0.0005 |
Large Enterprise Dummy | −0.01 | −0.003 | −0.01 | - |
Tertiary Industry Dummy | −0.02 | 0.0004 | −0.02 | - |
Constant Term | −0.09 | −0.10 | 0.01 | - |
Total | 0.16 | 0.04 | 0.11 | 0.01 |
(Percentage of Total) | 100.0% | 26.3% | 68.8% | 4.9% |
Difference in Hourly Wage | 2489 won | 653 won | 1712 won | 122 won |
Korean Enterprises Average Hourly Wage for Men 15,389 won (100.0%) | Gender Wage Gap 2489 won (16.2%) | Economically Rational Productivity Gap Factors: 122 won (4.9%) | ||
Discriminatory Factors 2365 won (95.1%) | Overpayment Factor of Men: 1712 won (26.3%) | |||
Underpayment Factor of Women: 1712 won (68.8%) | ||||
Average Hourly Wage for Women 12,900 won (83.8%) |