We empirically examine the impact of human resource expenditure (labor cost and education and training cost) on productivity growth in the KSE markets. Especially we have an empirical investigation on endogenous growth models. We also use three empirical º» ¿¬±¸¿¡¼´Â ¿ì¸®³ª¶ó »óÀå±â¾÷À» ´ë»óÀ¸·Î ÀÎÀûÀÚ»êÅõÀÚ(ÀΰǺñ¿Í ±³À°ÈƷúñ)°¡ ±â¾÷ÀÇ »ý»ê¼º Çâ»ó¿¡ ¾î¶°ÇÑ ¿µÇâÀ» ¹ÌÄ¡´ÂÁö¸¦ °ËÁõÇÏ°íÀÚ ÇÏ¿´´Ù. ƯÈ÷ º» ¿¬±¸¿¡¼´Â °æÁ¦Çп¡ ÀÖ¾î¼ÀÇ ³»»ýÀû ¼ºÀå¸ðÇüÀ» ºÐ¼®¸ðÇüÀ¸·Î ÀÌ¿ëÇÔÀ¸·Î½á ÀΰǺñ³ª ±³À°ÈƷúñ¿Í °°Àº ÀÎ?