The Performance of Malaysian Manufacturing Sector Relationship Among Real Output, Employment, Labor Productivity and Real Wages in E&E Sub-Sector

The Performance of Malaysian Manufacturing Sector Relationship Among Real Output, Employment, Labor Productivity and Real Wages in E&E Sub-Sector

The Malaysian electronic and electrical sub-sector has been the most important component of the nation's manufacturing sector. As is widely known, the sector has played a vital role in the nation's export, employment as well as overall economic growth. Considering the importance of the sub...

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Main Author: Henry, Dority John
Format: Thesis
Language:eng
Published: 2011
Subjects:
HD28-70 Management
Industrial Management
Online Access:https://etd.uum.edu.my/3692/1/s806275.pdf
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id my-uum-etd.3692
record_format uketd_dc
institution Universiti Utara Malaysia
collection UUM ETD
language eng
advisor Abdullah, Norehan
topic HD28-70 Management
Industrial Management
spellingShingle HD28-70 Management
Industrial Management
Henry, Dority John
The Performance of Malaysian Manufacturing Sector Relationship Among Real Output, Employment, Labor Productivity and Real Wages in E&E Sub-Sector
description The Malaysian electronic and electrical sub-sector has been the most important component of the nation's manufacturing sector. As is widely known, the sector has played a vital role in the nation's export, employment as well as overall economic growth. Considering the importance of the subsector, it is imperative that we ensure sustainable growth of the sub-sector and that competitiveness is maintained or even improved. This study is particularly aimed at investigating the linkages between output, productivity, wage and labor. As is widely acknowledged, wages may increase as long as it is commensurate with a higher increase in productivity. However, changes in wages can actually affect employment. Unit root tests indicate that all of the above variables are 1(1). Johansen's procedure was conducted to see the long run relationships between the variables. The Johansen co integration test results revealed that a long-run equilibrium relationship exists among the variables. The relationships among the variables are tested by using Granger Causality Test and Ordinary Least Square teat. From the short run dynamic analysis, we found that except for real wages, labor productivity and employment are statistically significant in influencing output.
format Thesis
qualification_name masters
qualification_level Master's degree
author Henry, Dority John
author_facet Henry, Dority John
author_sort Henry, Dority John
title The Performance of Malaysian Manufacturing Sector Relationship Among Real Output, Employment, Labor Productivity and Real Wages in E&E Sub-Sector
title_short The Performance of Malaysian Manufacturing Sector Relationship Among Real Output, Employment, Labor Productivity and Real Wages in E&E Sub-Sector
title_full The Performance of Malaysian Manufacturing Sector Relationship Among Real Output, Employment, Labor Productivity and Real Wages in E&E Sub-Sector
title_fullStr The Performance of Malaysian Manufacturing Sector Relationship Among Real Output, Employment, Labor Productivity and Real Wages in E&E Sub-Sector
title_full_unstemmed The Performance of Malaysian Manufacturing Sector Relationship Among Real Output, Employment, Labor Productivity and Real Wages in E&E Sub-Sector
title_sort performance of malaysian manufacturing sector relationship among real output, employment, labor productivity and real wages in e&e sub-sector
granting_institution Universiti Utara Malaysia
granting_department College of Arts and Sciences (CAS)
publishDate 2011
url https://etd.uum.edu.my/3692/1/s806275.pdf
_version_ 1747827627290263552
spelling my-uum-etd.36922016-04-27T03:18:13Z The Performance of Malaysian Manufacturing Sector Relationship Among Real Output, Employment, Labor Productivity and Real Wages in E&E Sub-Sector 2011 Henry, Dority John Abdullah, Norehan College of Arts and Sciences (CAS) College of Arts and Sciences HD28-70 Management. Industrial Management The Malaysian electronic and electrical sub-sector has been the most important component of the nation's manufacturing sector. As is widely known, the sector has played a vital role in the nation's export, employment as well as overall economic growth. Considering the importance of the subsector, it is imperative that we ensure sustainable growth of the sub-sector and that competitiveness is maintained or even improved. This study is particularly aimed at investigating the linkages between output, productivity, wage and labor. As is widely acknowledged, wages may increase as long as it is commensurate with a higher increase in productivity. However, changes in wages can actually affect employment. Unit root tests indicate that all of the above variables are 1(1). Johansen's procedure was conducted to see the long run relationships between the variables. The Johansen co integration test results revealed that a long-run equilibrium relationship exists among the variables. The relationships among the variables are tested by using Granger Causality Test and Ordinary Least Square teat. From the short run dynamic analysis, we found that except for real wages, labor productivity and employment are statistically significant in influencing output. 2011 Thesis https://etd.uum.edu.my/3692/ https://etd.uum.edu.my/3692/1/s806275.pdf text eng validuser masters masters Universiti Utara Malaysia Achy, L., Sekkat, K., (2004). Trade Liberalization and Employment in Moroccan Manufacturing Sector; Firm Level Analysis. Adalmir A.M. (2000). An Assessment of the Relationship between Real Wage and Labor Productivity. 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Trade liberalization in Mexico: Its Impact on Growth, Employment and Wages. Employment Paper 2003/55. International Labour Office Geneva. Paus, E.A. and M.D. Rob SO . 1997. The implications of increasing economic openness for real wages in developing countries, 1973 1990. World Development 25: 537-547. Pehkonen, J. 1995. Wages and productivity growth in the nordic countries. European Economic Review 39: 1181-1196. Poverty Reduction and Economic Management Sector Unit of Malaysia, Productivity and Investment Climate Assessment Update, August 2009. Rebecca FREEMAN. (2008), Comparison of Two OECD Databases Productivity Differentials & the Balassa-Samuelson Effect, Labour Productivity Indicators. Revenga, A. (1997). Employment and wage effects of trade liberalization: The Case of Mexican Manufacturing. Journal of Labor Economics, 15, S20-43. Stephen L. Lee. (2003). The Case for Property in the Long Run: A Cointegration Test, Department of Land Management. Tara M.S. (2004). 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