An Application Of Kaldor’s Growth Laws In South East Asia: A Time Series Cross Section Analysis
This study revisits Kaldor’s growth laws and provides some empirical views of the sources of South East Asian growth for the last 30 years. In particular, the results suggest that manufacturing output growth is prominent in influencing the total output growth as compared to other sectors in the pro...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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UMS
2004
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| Online Access: | http://ir.unimas.my/id/eprint/18559/ http://ir.unimas.my/id/eprint/18559/7/AN%20APPLICATION%20OF%20KALDOR%E2%80%99S%20GROWTH%20LAWS%20%28abstract%29.pdf |
| _version_ | 1848838539526012928 |
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| author | Hamri, Tuah Shazali, Abu Mansor |
| author_facet | Hamri, Tuah Shazali, Abu Mansor |
| author_sort | Hamri, Tuah |
| building | UNIMAS Institutional Repository |
| collection | Online Access |
| description | This study revisits Kaldor’s growth laws and provides some empirical views of the sources of South East Asian growth for the last 30 years. In particular, the results suggest that
manufacturing output growth is prominent in influencing the total output growth as compared to other sectors in the process of growth and development in Indonesia, Malaysia, Philippines,
Singapore and Thailand. Besides, it is found that the growth of the manufacturing sector will lead to the transference of labour from other sectors in the economy which raises productivity in these sectors. However, the agricultural and service sectors do not offer the same scope for the division of labour and specialisation within the sectors themselves. Various factors have been postulated as factors manufacturing output growth. It is suggested in this study that the
governments of South East Asian should encourage the transfer of resources from agriculture to industry in order to move into higher stage of growth and development. |
| first_indexed | 2025-11-15T06:57:10Z |
| format | Article |
| id | unimas-18559 |
| institution | Universiti Malaysia Sarawak |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T06:57:10Z |
| publishDate | 2004 |
| publisher | UMS |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | unimas-185592017-11-28T03:44:28Z http://ir.unimas.my/id/eprint/18559/ An Application Of Kaldor’s Growth Laws In South East Asia: A Time Series Cross Section Analysis Hamri, Tuah Shazali, Abu Mansor HB Economic Theory This study revisits Kaldor’s growth laws and provides some empirical views of the sources of South East Asian growth for the last 30 years. In particular, the results suggest that manufacturing output growth is prominent in influencing the total output growth as compared to other sectors in the process of growth and development in Indonesia, Malaysia, Philippines, Singapore and Thailand. Besides, it is found that the growth of the manufacturing sector will lead to the transference of labour from other sectors in the economy which raises productivity in these sectors. However, the agricultural and service sectors do not offer the same scope for the division of labour and specialisation within the sectors themselves. Various factors have been postulated as factors manufacturing output growth. It is suggested in this study that the governments of South East Asian should encourage the transfer of resources from agriculture to industry in order to move into higher stage of growth and development. UMS 2004 Article PeerReviewed text en http://ir.unimas.my/id/eprint/18559/7/AN%20APPLICATION%20OF%20KALDOR%E2%80%99S%20GROWTH%20LAWS%20%28abstract%29.pdf Hamri, Tuah and Shazali, Abu Mansor (2004) An Application Of Kaldor’s Growth Laws In South East Asia: A Time Series Cross Section Analysis. Labuan Bulletin of International Business & Finance 2, 2 (2). pp. 147-166. ISSN 1675-7262 http://wwwkal.ums.edu.my/lbibf/ |
| spellingShingle | HB Economic Theory Hamri, Tuah Shazali, Abu Mansor An Application Of Kaldor’s Growth Laws In South East Asia: A Time Series Cross Section Analysis |
| title | An Application Of Kaldor’s Growth Laws In South East Asia: A Time Series Cross Section Analysis |
| title_full | An Application Of Kaldor’s Growth Laws In South East Asia: A Time Series Cross Section Analysis |
| title_fullStr | An Application Of Kaldor’s Growth Laws In South East Asia: A Time Series Cross Section Analysis |
| title_full_unstemmed | An Application Of Kaldor’s Growth Laws In South East Asia: A Time Series Cross Section Analysis |
| title_short | An Application Of Kaldor’s Growth Laws In South East Asia: A Time Series Cross Section Analysis |
| title_sort | application of kaldor’s growth laws in south east asia: a time series cross section analysis |
| topic | HB Economic Theory |
| url | http://ir.unimas.my/id/eprint/18559/ http://ir.unimas.my/id/eprint/18559/ http://ir.unimas.my/id/eprint/18559/7/AN%20APPLICATION%20OF%20KALDOR%E2%80%99S%20GROWTH%20LAWS%20%28abstract%29.pdf |