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Manufacturing

In: Restructuring the Malaysian Economy

Author

Listed:
  • Robert E. B. Lucas

    (Boston University)

  • Donald Verry

    (University College London)

Abstract

Unlike agriculture, manufacturing has been quite dynamic in terms of employment growth as well as output. From 1970 to 1989 employment in manufacturing grew at an annual average rate of 5.6 per cent, while GDP at constant prices grew at 10.2 per cent. (See Figure 6.1). But progress was markedly slower in the early 1980s than in the 1970s. From 1970 to 1979, output grew annually at 11.9 per cent and employment at 8.3 per cent, while from 1981 to 1986, the corresponding figures fell to 5.7 and 2.4 per cent.1

Suggested Citation

  • Robert E. B. Lucas & Donald Verry, 1999. "Manufacturing," Palgrave Macmillan Books, in: Restructuring the Malaysian Economy, chapter 0, pages 179-204, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-27451-2_6
    DOI: 10.1007/978-1-349-27451-2_6
    as

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