IDEAS home Printed from https://ideas.repec.org/a/ukm/jlekon/v33y1999ip87-104.html
   My bibliography  Save this article

Penswastaan dan Pasaran Buruh

Author

Listed:
  • Osman, Zulkifly

    (Jabalan Ekonomi Analisis dan Dasar Awam Fakliiti Ekonomi Universili Kebangsaan Malaysia 43600 UKM Bangi Selangor Darnl Ehsan)

  • Md Noor, Nor Ghani

    (Jabalan Ekonomi Analisis dan Dasar Awam Fakliiti Ekonomi Universili Kebangsaan Malaysia 43600 UKM Bangi Selangor Darnl Ehsan)

Abstract

Improving economic efficiency in order to increase society’s welfare is the prime argument for implementing privatisation policy. The success of this policy in the goods market has been well documented in many past studies. However, studies on its impact all the labour market have been few and far between. In fact, there has been no such study ever conducted in Malaysia and this paper attempts to fill the current gap in the literature on the impact of privatisation on the Malaysian labour market. In this paper it is shown that, based on a modified model of Haskel-Szymanski (1993), privatisation tends to reduce the demand for labour. An empirical test conducted using data related to the privatisation of the Telecommunication Department, Malaysia appears to support the prediction of the model. The reduction in The demand for labour is attributable to the change in firm’s objective from social welfare to profit maximisation. It was also found that liberalisation can reduce the negative impact of privatisation on the demand for labour.

Suggested Citation

  • Osman, Zulkifly & Md Noor, Nor Ghani, 1999. "Penswastaan dan Pasaran Buruh," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 33, pages 87-104.
    • Handle: RePEc:ukm:jlekon:v:33:y:1999:i::p:87-104
    as

    Download full text from publisher

    File URL: http://www.ukm.my/jem/wp-content/uploads/2021/06/jeko_33-5.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ukm:jlekon:v:33:y:1999:i::p:87-104. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Muhammad Asri Abd Ghani (email available below). General contact details of provider: https://edirc.repec.org/data/feukmmy.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.