Wages, Profitability, and Growth in a Small Open Economy /

This paper examines issues raised by the evolution of a rapidly growing small open economy-Singapore-from a labor-intensive, low-technology production base to a capital-intensive, high-technology, knowledge-and-skill-intensive emphasis as it approached the limits of its resource constraints in the l...

詳細記述

書誌詳細
第一著者: Chadha, Bankim
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 1990.
シリーズ:IMF Working Papers; Working Paper ; No. 1990/045
オンライン・アクセス:Full text available on IMF
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490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper examines issues raised by the evolution of a rapidly growing small open economy-Singapore-from a labor-intensive, low-technology production base to a capital-intensive, high-technology, knowledge-and-skill-intensive emphasis as it approached the limits of its resource constraints in the labor market. In order to analyze the process of restructuring a model of endogenous growth for a small open economy that is driven by increases in labor productivity from learning and that allows for the dynamic acquisition of comparative advantage is developed. In this framework the effects of various policies and exogenous shocks on the direction and pace of restructuring are investigated. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1990/045 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1990/045/001.1990.issue-045-en.xml  |z IMF e-Library