Labour Demand Elasticity and Manpower Requirement in Malaysian Service Sector

Labour Demand Elasticity and Manpower Requirement in Malaysian Service Sector

Author: zant worldpress

The first objective of this study is to analyse the elasticity of labour-output and labour-wage for professional and technical labours. The second objective is to project the requirements of these two occupational categories for year 2015 and 2020. The analysis is based on data of four selected services subsectors, namely, professional business, education, health and information and communication technology for the period 2000- 2010. Data are obtained from the Service Industry Survey collected by the Department of Statistics Malaysia. The results show that the elasticity of labour-output is positive, while the elasticity of labour-wage can be positive or negative depending on the occupational category and sector. The manpower requirement for the professional and technical occupations depend on the output growth and the initial stock of employment, which are dominated by the education and information and communication technology sectors.

JEL Codes: J23, J24 and J29

Total Reviews: 0

Price:$9.99

Browse Wishlist

Delivery System

After completion purchase and payment you will get an email with download link of book. You can download this book within 24 hours. Be remember you can't download this book after 24 hours.

Reviews

There are no reviews yet.

Be the first to review “Labour Demand Elasticity and Manpower Requirement in Malaysian Service Sector”