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Labor Productivity and Inter-Sectoral Reallocation of Labor in Singapore (1965-2002)

Author

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  • K. Ali Akkemik

    (Nagoya University Graduate School of International Development, Nagoya, Japan)

Abstract

This paper investigates the impact of the shifts of labor across sectors on aggregate productivity growth through a decomposition of aggregate productivity growth in Singapore over the period 1965-2002. The static shift-share analysis is utilized to for this purpose. The results show that the shifts of labor paid off well in terms of their contribution to labor productivity especially for manufacturing in the 1985 era which was characterized by interventionist labor market policies of the government. On the other hand, the impact of labor shifts is negative in the post-1985 era which is characterized by a more liberalized labor market.

Suggested Citation

  • K. Ali Akkemik, 2005. "Labor Productivity and Inter-Sectoral Reallocation of Labor in Singapore (1965-2002)," GE, Growth, Math methods 0510005, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpge:0510005
    Note: Type of Document - pdf; pages: 22
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/ge/papers/0510/0510005.pdf
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    References listed on IDEAS

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    2. Ebru Voyvoda & A. Erinc Yeldan, 2001. "Patterns of Productivity Growth and the Wage Cycle in Turkish Manufacturing," International Review of Applied Economics, Taylor & Francis Journals, vol. 15(4), pages 375-396.
    3. Chenery, Hollis B., 1984. "Economic Structure and Performance," Elsevier Monographs, Elsevier, edition 1, number 9780126800609 edited by Syrquin, Moshe & Taylor, Lance & Westphal, Larry E..
    4. Hodrick, Robert J & Prescott, Edward C, 1997. "Postwar U.S. Business Cycles: An Empirical Investigation," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 29(1), pages 1-16, February.
    5. Mr. Kenneth Bercuson, 1995. "Singapore: A Case Study in Rapid Development," IMF Occasional Papers 1995/018, International Monetary Fund.
    6. Syrquin, Moshe, 1988. "Patterns of structural change," Handbook of Development Economics, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 1, chapter 7, pages 203-273, Elsevier.
    7. K. Ali Akkemik, 2005. "Structural Change and Its Impact on Productivity in Japan, Korea, and Singapore (1970-2000)," GE, Growth, Math methods 0504002, University Library of Munich, Germany.
    8. van Ark, Bart, 1998. "Productivity," Journal of the Japanese and International Economies, Elsevier, vol. 12(2), pages 171-174, June.
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    Cited by:

    1. Neneng Miskiyah & Taufiq Marwa & Tatang A.M. Sariman & Rosmiyati Chodijah, 2017. "Inter Sector Labor Mobility in Palembang, Indonesia," Eurasian Journal of Economics and Finance, Eurasian Publications, vol. 5(2), pages 73-83.
    2. Keun Rhee & Hak Pyo, 2010. "Financial crisis and relative productivity dynamics in Korea: evidence from firm-level data (1992–2003)," Journal of Productivity Analysis, Springer, vol. 34(2), pages 111-131, October.
    3. Mario Cimoli & Giovanni Dosi & Xiaodan Yu, 2020. "Industrial Policies, Patterns of Learning and Development: an Evolutionary Perspective," LEM Papers Series 2020/08, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    4. Chih‐Hai Yang & Chao‐Jing Yang & Chung‐Yueh Chiu & Hsuan‐Yu Lin, 2018. "Resource Allocation, Structural Change, and the Dynamics of Manufacturing Productivity in Indonesia," The Developing Economies, Institute of Developing Economies, vol. 56(4), pages 297-327, December.

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    More about this item

    Keywords

    shift-share analysis; Singapore; labor productivity;
    All these keywords.

    JEL classification:

    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • D5 - Microeconomics - - General Equilibrium and Disequilibrium
    • D9 - Microeconomics - - Micro-Based Behavioral Economics

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