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01291nam a2200133Ia 4500 |
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10.1016-S2212-5671-13-00215-3 |
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|a 2212-5671
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|a Labor Productivity of Services Sector in Malaysia: Analysis Using Input-Output Approach
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|z View Fulltext in Publisher
|u https://doi.org/10.1016/S2212-5671(13)00215-3
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|a Productivity reflects the ability of an organization or country to generate higher income or value-added. As Malaysia is taking a rigorous step to become an advanced country with high-income status by 2020, it is crucial to have high productivity in the production processes. Due to the high share of the transportation, communication and financial sub-sectors to the overall economy, they are considered as the stimulants to the overall growth. This paper attempts to determine the labor productivity of these three sub-sectors using the input-output analysis approach. The methodological setting is the utilization of the "labor coefficients" calculated from input-output tables of Malaysia for the years 2000 and 2005 as well as through surveys of related sub-sectors in 2012. (C) 2013 The Authors. Published by Elsevier B.V.
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|a Kamarudin, N
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|a Rani, RM
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|a Sauian, MS
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