Labour Absorption in Hong Kong and Singapore Since 1970
Pang Eng Fong and
Ong Nai Pew
Additional contact information
Pang Eng Fong: School of Management, National University of Singapore
Ong Nai Pew: School of Management, National University of Singapore
Philippine Review of Economics, 1988, vol. 25, issue 1&2, 71-99
Abstract:
Based on census data, this paper traces the labour absorption pattern in the city-economies of Hong Kong and Singapore since the early 1970s to the early 1980s. Among the similarities highlighted are the export-led growth in the 1970s, the shift towards higher valued activities, the simultaneous expansion of the labor force and employment, an unprecedented increase in female labor force inflow, the more efficient use of manpower due to rapid output growth, and the preponderance of the more export-oriented manufacturing industries contributing the bulk of new jobs. On the other hand, one significant difference in this sectoral pattems of labor absorption is that, compared to Singapore, Hong Kong's ratio of employment growth to output was higher in commerce and lower in manufacturing due to the greater supply-induced employment-creation. The higher labor absorption rate in Singapore manufacturing relative to that of Hong Kong is most likely because of the greater influence of the former's government on the labor market as well as the influx of labor intensive foreign manufacturing firms. The paper notes the increasing similarity in the early 1980s between the the two economies as well as the increasing convergence of government perception of its role in both city-economies.
Date: 1988
References: Add references at CitEc
Citations:
Downloads: (external link)
http://pre.econ.upd.edu.ph/index.php/pre/article/download/287/408 (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:phs:prejrn:v:25:y:1988:i:1&2:p:71-99
Access Statistics for this article
More articles in Philippine Review of Economics from University of the Philippines School of Economics and Philippine Economic Society Contact information at EDIRC.
Bibliographic data for series maintained by HR Rabe ().